Overview
Industry General Bldg Contractors - Residential Bldgs Headquarters NV Incorporated in NV2 Business address 5345 E. N. Belt Road, North Las Vegas, Nv 891152 Filer category Non-accelerated filer, Smaller reporting company, Emerging growth company2
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Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025 -3910.2% Operating margin3 -55.2% Revenue growth, 20253 Where the money goes Where each dollar of revenue went, fiscal 2025 Cost of revenue Research and development
Cost of revenue 84¢ $17.3M Research and development 16¢ $3.3M Out of $1.5M in revenue.3 The company lost money this year.
Financial statements
Income statement Balance sheet Cash flow
Annual Quarterly
Revenue4 5 3 $1.5M in 2025−86% since 2022 0 $5.0M $10.0M $15.0M 2022: $10.9M $10.9M 2022 2023: $344.0K $344.0K 2023 −97% 2024: $3.4M $3.4M 2024 +881% 2025: $1.5M $1.5M 2025 −55% Gross profit4 5 3 -$15.8M in 2025+23% since 2022 -$20.0M -$15.0M -$10.0M -$5.0M 0 2022: -$12.8M -$12.8M 2022 2023: -$10.2M -$10.2M 2023 −20% 2024: -$11.6M -$11.6M 2024 +13% 2025: -$15.8M -$15.8M 2025 +36% Operating income4 5 3 -$59.2M in 2025+79% since 2022 -$60.0M -$40.0M -$20.0M 0 2022: -$33.1M -$33.1M 2022 2023: -$42.8M -$42.8M 2023 +29% 2024: -$52.7M -$52.7M 2024 +23% 2025: -$59.2M -$59.2M 2025 +12% Net income4 5 3 -$57.5M in 2025−91% since 2022 -$800.0M -$600.0M -$400.0M -$200.0M 0 2022: -$612.4M -$612.4M 2022 2023: -$39.5M -$39.5M 2023 −94% 2024: -$51.0M -$51.0M 2024 +29% 2025: -$57.5M -$57.5M 2025 +13%
Revenue6 7 8 $1.6M in Q1 FY2026+458% since Q2 FY2025 0 $500.0K $1.0M $1.5M $2.0M Q2 FY2025: $279.0K $279.0K Q2 FY2025 Q3 FY2025: $186.0K $186.0K Q3 FY2025 −33% Q1 FY2026: $1.6M $1.6M Q1 FY2026 +737% Gross profit6 7 8 -$3.4M in Q1 FY2026−64% since Q2 FY2025 -$10.0M -$7.5M -$5.0M -$2.5M 0 Q2 FY2025: -$9.4M -$9.4M Q2 FY2025 Q3 FY2025: -$1.7M -$1.7M Q3 FY2025 −81% Q1 FY2026: -$3.4M -$3.4M Q1 FY2026 +92% Operating income6 7 8 -$7.6M in Q1 FY2026−76% since Q2 FY2025 -$40.0M -$30.0M -$20.0M -$10.0M 0 Q2 FY2025: -$31.2M -$31.2M Q2 FY2025 Q3 FY2025: -$11.3M -$11.3M Q3 FY2025 −64% Q1 FY2026: -$7.6M -$7.6M Q1 FY2026 −32% Net income6 7 8 -$7.6M in Q1 FY2026−75% since Q2 FY2025 -$40.0M -$30.0M -$20.0M -$10.0M 0 Q2 FY2025: -$30.8M -$30.8M Q2 FY2025 Q3 FY2025: -$10.8M -$10.8M Q3 FY2025 −65% Q1 FY2026: -$7.6M -$7.6M Q1 FY2026 −30%
Fiscal year 2021 2022 2023 2024 2025 Revenue $10.9M4 $344.0K5 $3.4M3 $1.5M3 Cost of revenue $23.7M4 $10.6M5 $15.0M3 $17.3M3 Gross profit -$12.8M4 -$10.2M5 -$11.6M3 -$15.8M3 Research and development $3.4M4 $8.3M5 $6.6M3 $3.3M3 Operating income -$33.1M4 -$42.8M5 -$52.7M3 -$59.2M3 Income tax -$6.0K3 $03 Net income -$612.4M4 -$39.5M5 -$51.0M3 -$57.5M3 Earnings per share $0.004 -$0.015 -$0.023 -$0.023 Earnings per share (diluted) $0.004 -$0.015 -$0.023 -$0.023
Total assets4 5 3 $69.3M in 2025−37% since 2022 0 $50.0M $100.0M $150.0M 2022: $110.1M $110.1M 2022 2023: $107.5M $107.5M 2023 −2% 2024: $75.0M $75.0M 2024 −30% 2025: $69.3M $69.3M 2025 −8% Total liabilities4 5 3 $15.2M in 2025+24% since 2022 0 $10.0M $20.0M $30.0M 2022: $12.3M $12.3M 2022 2023: $25.2M $25.2M 2023 +105% 2024: $19.6M $19.6M 2024 −22% 2025: $15.2M $15.2M 2025 −22% Shareholders’ equity4 5 3 $54.0M in 2025-$25.0M 0 $25.0M $50.0M $75.0M $100.0M 2021: -$6.8K -$6.8K 2021 2022: $97.8M $97.8M 2022 2023: $82.3M $82.3M 2023 −16% 2024: $55.4M $55.4M 2024 −33% 2025: $54.0M $54.0M 2025 −3% Cash4 3 $33.0M in 2025+266% since 2022 0 $10.0M $20.0M $30.0M $40.0M 2022: $9.0M $9.0M 2022 2023: $18.6M $18.6M 2023 +106% 2024: $9.6M $9.6M 2024 −48% 2025: $33.0M $33.0M 2025 +243%
Total assets6 7 8 $61.7M in Q1 FY2026−24% since Q2 FY2025 0 $25.0M $50.0M $75.0M $100.0M Q2 FY2025: $81.3M $81.3M Q2 FY2025 Q3 FY2025: $77.7M $77.7M Q3 FY2025 −4% Q1 FY2025: $69.3M $69.3M Q1 FY2025 −11% Q1 FY2026: $61.7M $61.7M Q1 FY2026 −11% Total liabilities6 7 8 $14.9M in Q1 FY2026−18% since Q2 FY2025 0 $5.0M $10.0M $15.0M $20.0M Q2 FY2025: $18.1M $18.1M Q2 FY2025 Q3 FY2025: $17.9M $17.9M Q3 FY2025 −1% Q1 FY2025: $15.2M $15.2M Q1 FY2025 −15% Q1 FY2026: $14.9M $14.9M Q1 FY2026 −2% Shareholders’ equity6 7 8 $46.7M in Q1 FY2026−26% since Q2 FY2025 0 $20.0M $40.0M $60.0M $80.0M Q2 FY2025: $63.1M $63.1M Q2 FY2025 Q3 FY2025: $63.1M $63.1M Q3 FY2025 +0% Q3 FY2025: $59.9M $59.9M Q3 FY2025 −5% Q1 FY2025: $54.0M $54.0M Q1 FY2025 −10% Q1 FY2026: $46.7M $46.7M Q1 FY2026 −13% Cash6 7 8 $22.3M in Q1 FY2026+19% since Q2 FY2025 0 $10.0M $20.0M $30.0M $40.0M Q2 FY2025: $18.7M $18.7M Q2 FY2025 Q3 FY2025: $38.5M $38.5M Q3 FY2025 +106% Q1 FY2025: $29.0M $29.0M Q1 FY2025 −25% Q1 FY2026: $22.3M $22.3M Q1 FY2026 −23%
Fiscal year 2021 2022 2023 2024 2025 Cash $9.0M4 $18.6M4 $9.6M3 $33.0M3 Current assets $92.2M4 $65.7M5 $49.3M3 $48.9M3 Total assets $110.1M4 $107.5M5 $75.0M3 $69.3M3 Current liabilities $9.2M4 $14.5M5 $12.4M3 $11.6M3 Total liabilities $12.3M4 $25.2M5 $19.6M3 $15.2M3 Shareholders’ equity -$6.8K4 $97.8M5 $82.3M3 $55.4M3 $54.0M3 Shares outstanding 3.0B shares4 3.0B shares5 3.0B shares3 3.0B shares3
Cash from operations4 5 3 -$47.2M in 2025+42% since 2022 -$60.0M -$40.0M -$20.0M 0 2022: -$33.3M -$33.3M 2022 2023: -$35.6M -$35.6M 2023 +7% 2024: -$38.4M -$38.4M 2024 +8% 2025: -$47.2M -$47.2M 2025 +23% Capital spending4 5 3 $178.0K in 2025−97% since 2022 0 $5.0M $10.0M $15.0M 2022: $7.0M $7.0M 2022 2023: $12.4M $12.4M 2023 +77% 2024: $1.2M $1.2M 2024 −90% 2025: $178.0K $178.0K 2025 −86% Free cash flow4 5 3 -$47.4M in 2025+18% since 2022 -$60.0M -$40.0M -$20.0M 0 2022: -$40.3M -$40.3M 2022 2023: -$48.0M -$48.0M 2023 +19% 2024: -$39.6M -$39.6M 2024 −17% 2025: -$47.4M -$47.4M 2025 +19%
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Fiscal year 2021 2022 2023 2024 2025 Cash from operations -$33.3M4 -$35.6M5 -$38.4M3 -$47.2M3 Capital spending $7.0M4 $12.4M5 $1.2M3 $178.0K3 Free cash flow -$40.3M -$48.0M -$39.6M -$47.4M Dividends paid $29.7M4
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Former names
Boxabl Inc. Oct 18, 2024 to Jul 21, 20262
Recent filings
Jul 21, 2026 4 May 15, 2026 10-Q May 11, 2026 8-K May 7, 2026 4 Apr 21, 2026 8-K Apr 10, 2026 8-K Mar 27, 2026 10-K Feb 24, 2026 8-K Dec 23, 2025 8-K Dec 17, 2025 3 Dec 15, 2025 8-K Dec 15, 2025 8-K Dec 8, 2025 8-K Nov 14, 2025 10-Q Nov 4, 2025 8-K
Every filing from the last three years, summarized . The full record is on SEC EDGAR.1