Income statement, balance sheet and cash flow statement for the last 7 fiscal years, taken from the XBRL data POSITRON CORP 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
FY2011
FY2011
FY2012
FY2013
FY2014
FY2025
FY2025
Revenue
4.62
6.66
2.8
1.63
1.47
0.59
0.46
Cost of revenue
4.56
6.39
1.97
1.21
1.36
0.93
2.58
Gross profit
0.06
0.28
0.83
0.42
0.1
-0.34
-2.11
Research and development
1.28
1.32
0.94
0.56
0.47
Selling and marketing
1.1
1.04
0.29
0.42
0.19
0.13
0.24
General and administrative
12.1
2.32
4.33
2.78
2.19
1.86
8.38
Operating expenses
14.5
4.67
5.55
3.76
2.85
Operating income
-14.4
-4.39
-4.72
-3.34
-2.74
-2.21
-10.5
Interest expense
0.04
1.19
1.75
2.14
1.82
0.14
0.13
Other non-operating income
3.52
-1.73
-3.23
-3.77
0.16
Pre-tax income
-10.9
-6.12
-7.96
-7.1
-2.58
Income tax
0
0
0
0
Net income
-10.9
-6.12
-7.96
-7.1
-2.58
-2.38
-10.6
EBITDA
-14.4
-4.32
-4.5
-3.18
-2.59
-2.18
-10.5
EPS, basic
-0.02
-0.01
-0.01
0.00
0.00
-0.09
-0.34
EPS, diluted
-0.02
-0.01
-0.01
0.00
0.00
-0.09
-0.34
Shares, basic (weighted)
787
1,265
1,452
3,704
26
30.9
Shares, diluted (weighted)
787
1,265
1,452
3,704
26
30.9
Balance sheet
FY2011
FY2011
FY2012
FY2013
FY2014
FY2025
FY2025
Cash and equivalents
1.14
0
0.24
1.74
0.21
0.07
2.52
Receivables
0.51
0.61
0.27
0.25
0.18
0.02
0.01
Inventory
0.62
0.74
0.55
0.55
0.33
1.26
0.68
Other current assets
0.03
0.04
0.04
0.04
0.02
Total current assets
4.79
1.95
1.1
2.57
0.73
1.35
3.34
Property, plant and equipment
0.25
0.18
1.17
1.04
0.92
0.03
0.11
Lease right-of-use assets
0.04
0.18
Goodwill
0.35
0
0
Intangible assets
0
0.36
0.01
0.01
Other non-current assets
0.02
0.1
0.05
0.26
0.21
Total assets
5.17
2.31
2.69
3.88
1.87
1.8
4
Accounts payable
0.8
1.31
1.13
0.85
0.66
0.01
0.08
Accrued liabilities
0.01
0.08
0.07
0.05
Deferred revenue
0.25
0.29
0.06
0.05
0.03
0.07
0.12
Short-term debt
1.06
Total current liabilities
5.26
5.18
8.11
14.7
2.7
2.43
2.4
Long-term debt
0
0.56
0.47
1.07
Lease liabilities
0.02
0.15
Other non-current liabilities
0
0.21
0
Total liabilities
5.26
5.18
8.88
15.1
2.71
2.46
2.56
Total debt
0.69
2.13
0.02
0.15
Paid-in capital
88.1
90
92.8
94.6
124
133
146
Retained earnings
-102
-108
-116
-123
-126
-134
-145
Treasury stock
-0.02
-0.02
-0.02
-0.02
-0.02
-0
-0
Other comprehensive income
-0.14
-0.14
-0.14
0
Shareholders' equity
-0.09
-2.87
-6.19
-11.2
-0.84
-0.66
1.44
Total equity
-0.09
-2.87
-6.19
-11.2
-0.84
-0.66
1.44
Total liabilities and equity
5.17
2.31
2.69
3.88
1.87
1.8
4
Shares outstanding
783
788
1,452
1,453
13.9
27.3
32.8
Cash flow statement
FY2011
FY2011
FY2012
FY2013
FY2014
FY2025
FY2025
Net income
-10.9
-6.12
-7.96
-7.1
-2.58
-2.38
-10.6
Depreciation and amortization
0.04
0.08
0.23
0.16
0.15
0.02
0.03
Stock-based compensation
2.5
0
1.78
0.66
0.09
4.98
Change in receivables
-0.44
-0.15
0.34
-0.07
0.04
0.01
0.01
Change in inventory
-0.28
-0.24
0.19
0.02
0.15
Change in payables
-0.59
0.84
-0.15
-0.23
-0.33
-0.01
0.07
Cash from operations
-4.69
-4.08
-2.24
-3.05
-2.42
-1.73
-4.7
Capital expenditures
-0.24
-0.01
-0.07
-0.02
-0.03
Acquisitions
0
0
0
Cash from investing
-0.24
-0.01
-0.07
-0.02
-0.03
-0.1
Debt issued
2.21
2.52
0.43
0.3
Stock issued
4.01
0
0.38
0
1
1.4
10
Cash from financing
5.92
2.95
2.55
4.56
0.91
1.7
7.25
Exchange rate effect
-0.02
Net change in cash
0.98
-1.14
0.24
1.5
-1.54
-0.03
2.45
Free cash flow
-4.93
-4.09
-2.31
-3.06
-2.44
Interest paid
0
0.03
0.04
0.03
Income taxes paid
0
0
0
Key metrics
Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $1.87 on September 28, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
-458.2%
Gross profit / revenue.
Operating margin
-2,275.0%
Operating income / revenue.
EBITDA margin
-2,269.0%
EBITDA (operating income + depreciation and amortization) / revenue.
Net margin
-2,298.0%
Net income / revenue.
Operating cash flow margin
-1,019.0%
Cash from operations / revenue.
Return on equity (ROE)
-2,694.0%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-365.6%
Net income / average total assets.
Stock-based pay / revenue
1,080.0%
Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue
5.9%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-21.5%
Revenue vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
122.1%
Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y
18.9%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
1.39x
Current assets / current liabilities.
Quick ratio
1.05x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
1.05x
(Cash + short-term investments) / current liabilities.
Debt / equity
0.11x
Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets
3.8%
Total debt / total assets.
Liabilities / assets
63.9%
Total liabilities / total assets.
Net debt
-$2.4M
Total debt - cash - short-term investments. Negative means more cash than debt.
Days inventory + days sales outstanding - days payables.
Per share
Metric
Value
How it is calculated
EPS, diluted
-$0.34
Net 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.
EPS, basic
-$0.34
Net income per basic share, as reported (split-adjusted).
Revenue per share
$0.01
Revenue / diluted weighted shares.
Operating cash flow per share
-$0.15
Cash from operations / diluted weighted shares.
Book value per share
$0.04
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
133x
Market cap / revenue.
P/B
42.5x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
42.5x
Market cap / tangible book value, when positive.
EV/Sales
128x
Enterprise value / revenue.
Earnings yield
-17.3%
Net income / market cap (the inverse of P/E).
What was POSITRON CORP's revenue in fiscal 2025?
POSITRON CORP reported revenue of $461.5K for fiscal 2025, 21.5% lower than the year before.
Was POSITRON CORP profitable in fiscal 2025?
No. It reported a net loss of $10.6M.
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.