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Financial statements

Starfighters Space, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 2 fiscal years, taken from the XBRL data Starfighters Space, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2025FY2025
Revenue00
Research and development01.03
Selling and marketing0.181.44
General and administrative0.170.29
Operating expenses4.315.3
Interest expense0.490.56
Interest income0.070.15
Other non-operating income-3.61-1.21
Pre-tax income-7.91-16.5
Income tax00
Net income-7.91-16.5
EPS, basic-0.46-0.76
EPS, diluted-0.46-0.76
Shares, basic (weighted)17.221.7
Shares, diluted (weighted)17.221.7

Balance sheet

FY2025FY2025
Cash and equivalents7.054.58
Short-term investments1.0115.3
Other current assets0.130.06
Total current assets8.3520.1
Property, plant and equipment0.082.4
Lease right-of-use assets0.240.48
Total assets10.328.4
Accounts payable0.730.97
Deferred revenue0.340.15
Total current liabilities163.05
Lease liabilities0.160.43
Total liabilities16.23.49
Paid-in capital9.1358.3
Retained earnings-16.9-33.4
Shareholders' equity-5.8924.9
Total equity-5.8924.9
Total liabilities and equity10.328.4
Shares outstanding19.243.9

Cash flow statement

FY2025FY2025
Net income-7.91-16.5
Depreciation and amortization0.020.04
Stock-based compensation06.07
Change in payables0.260.23
Cash from operations-3.86-8.23
Capital expenditures0-0.15
Purchases of investments-1.3-16.6
Cash from investing-1.26-20.3
Cash from financing10.526.1
Net change in cash5.41-2.47
Free cash flow-3.86-8.38
Interest paid0.090.04
Income taxes paid00

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $1.82 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)-93.0%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-85.1%Net income / average total assets.

Growth

MetricValueHow it is calculated
Total assets growth, 1y175.6%Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y26.0%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio11.9xCurrent assets / current liabilities.
Quick ratio9.85x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio9.85x(Cash + short-term investments) / current liabilities.
Liabilities / assets8.5%Total liabilities / total assets.
Working capital$25.7MCurrent assets - current liabilities.
Tangible book value$29.8MShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.59Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Operating cash flow per share-$0.31Cash from operations / diluted weighted shares.
Book value per share$0.54Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$0.54Tangible book value / shares outstanding.
Cash per share$0.42(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$100.1MShare price x shares outstanding.
Enterprise value$76.9MMarket cap + total debt - cash - short-term investments.
P/B3.36xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book3.36xMarket cap / tangible book value, when positive.
Earnings yield-27.7%Net income / market cap (the inverse of P/E).
What was Starfighters Space, Inc.'s revenue in fiscal 2025?

Starfighters Space, Inc. reported revenue of $0.0 for fiscal 2025.

Was Starfighters Space, Inc. profitable in fiscal 2025?

No. It reported a net loss of $16.5M.

How much free cash flow did Starfighters Space, Inc. generate in fiscal 2025?

Cash from operations of $8.2M minus capital expenditures of $150.8K left free cash flow of -$8.4M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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