FIEE on Nasdaq
FiEE, Inc.
American prepackaged software services company based in Tsuen Wan. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
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- TickerFIEE on Nasdaq1
- IndustryServices-Prepackaged Software1
- HeadquartersDE1
- Incorporated inDE2
- Business address3-33, 2-Chome Utajima, Nishiyodogawa District, Osaka2
- Filer categoryNon-accelerated filer, Smaller reporting company2
- Legal formCorporation
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Building upon our history in networking and software, we are currently transforming our operations as a digital service provider focused on integrating artificial intelligence (“AI”) and data analytics into content creation, digital authentication, and brand management. Our current business model leverages a cloud-based SaaS platform designed to support clients in developing, managing, and optimizing their digital presence across global platforms, including customized graphic and posts, short videos, and editorial calendars aligned with brand goals. Additionally, we offer comprehensive software development and maintenance services, delivering custom software solutions from system design and development to deployment and post-launch maintenance. In July 2025, we formally launched customized software services. This transition represents a strategic pivot toward high-growth, emerging techno…3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue14¢$840.0K
- Research and development1¢$47.4K
- Other costs61¢$3.8M
- Interest0¢$9.0K
- Income tax7¢$448.2K
- Profit17¢$1.1M
Out of $6.2M in revenue.4
Where each dollar of operating cash went, fiscal 2025
- Capital spending5¢$186.1K
- Kept or used elsewhere95¢$3.5M
Out of $3.6M of cash from operations.4
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenues | $6.2M | $639.9K |
| Cost of revenues | $840.0K | $432.6K |
| Gross profit | $5.4M | $207.3K |
| Selling and marketing | $418.0K | $66.2K |
| General and administrative | $3.3M | $2.1M |
| Research and development | $47.4K | $113.3K |
| Vendor liability forgiveness, net of asset transfers | $2.2M | |
| Total operating expenses | $3.8M | $4.4M |
| Operating income (loss) | $1.6M | -$4.2M |
| Interest income (expense), net | -$9.0K | $82 |
| Foreign currency exchange loss | -$14.3K | |
| Other, net | -$6.6K | |
| Total other income (expense) | -$29.9K | $82 |
| Income (loss) before income taxes | $1.5M | -$4.2M |
| Income tax expense (benefit) | $448.2K | -$11.2K |
| Net income (loss) | $1.1M | -$4.2M |
| Allocation to participating preferred stock | -$391.1K | |
| Net Income (loss) attributable to common stockholders | $681.3K | -$4.2M |
| Basic earnings (loss) per common share | $0.12 | -$1.34 |
| Diluted earnings (loss) per common share | $0.10 | -$1.34 |
| Basic | 5.6M shares | 3.2M shares |
| Diluted | 7.1M shares | 3.2M shares |
| Net income (loss) | $1.1M | -$4.2M |
| Foreign currency translation adjustment | -$9.4K | |
| Total comprehensive income (loss) | $1.1M | -$4.2M |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $3.1M | $30.2K | |
| Accounts receivable | $2.1M | $0 | |
| Other receivable | $1.2M | ||
| Prepaid expenses and other current assets | $199.3K | $134.8K | |
| Total current assets | $6.6M | $164.9K | |
| Property, equipment and software, net | $366.4K | $119.9K | |
| Intangible assets | $3.5M | ||
| Operating lease right-of-use assets, net | $31.0K | ||
| Other assets | $231.7K | $22.2K | |
| Total assets | $10.8M | $307.0K | |
| Accounts payable | $511.2K | $143.4K | |
| Contract liabilities | $1.5M | ||
| Accrued expenses and other current liabilities | $1.2M | $293.6K | |
| Income tax payables | $972.7K | ||
| Current maturities of operating lease liabilities | $30.4K | ||
| Total current liabilities | $4.2M | $437.0K | |
| Total liabilities | $4.2M | $437.0K | |
| Preferred Stock, authorized: 10,000,000 shares at $0.001 par value, including 3,000,000 shares designated as Series A Convertible Preferred Stock at $0.001 par value; 2,305,357 Series A shares issued and outstanding at December 31, 2025 and 2024, respectively. | $1.6M | $1.6M | |
| Common Stock, authorized: 60,000,000 shares at $0.01 par value; issued and outstanding: 7,934,122 shares at December 31, 2025 and 3,713,792 shares at December 31, 2024, respectively | $79.3K | $37.1K | |
| Additional paid-in capital | $100.5M | $94.9M | |
| Accumulated deficit | -$95.6M | -$96.7M | |
| Accumulated other comprehensive (loss) income | -$8.4K | $957 | |
| Total stockholders equity (deficit) | $6.6M | -$130.0K | $115.9K |
| Total liabilities and stockholders equity (deficit) | $10.8M | $307.0K | |
| Preferred stock, shares authorized | 10.0M shares | 10.0M shares | |
| Preferred stock, par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 60.0M shares | 60.0M shares | |
| Common stock, par value | $0.01 | $0.01 | |
| Common stock, shares issued | 7.9M shares | 3.7M shares | |
| Common stock, shares outstanding | 7.9M shares | 3.7M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $3.1M | $30.2K | |
| Accounts receivable | $2.1M | $0 | |
| Other receivable | $1.2M | ||
| Prepaid expenses and other current assets | $199.3K | $134.8K | |
| Total current assets | $6.6M | $164.9K | |
| Property, equipment and software, net | $366.4K | $119.9K | |
| Intangible assets | $3.5M | ||
| Operating lease right-of-use assets, net | $31.0K | ||
| Other assets | $231.7K | $22.2K | |
| Total assets | $10.8M | $307.0K | |
| Accounts payable | $511.2K | $143.4K | |
| Contract liabilities | $1.5M | ||
| Accrued expenses and other current liabilities | $1.2M | $293.6K | |
| Income tax payables | $972.7K | ||
| Current maturities of operating lease liabilities | $30.4K | ||
| Total current liabilities | $4.2M | $437.0K | |
| Total liabilities | $4.2M | $437.0K | |
| Preferred Stock, authorized: 10,000,000 shares at $0.001 par value, including 3,000,000 shares designated as Series A Convertible Preferred Stock at $0.001 par value; 2,305,357 Series A shares issued and outstanding at December 31, 2025 and 2024, respectively. | $1.6M | $1.6M | |
| Common Stock, authorized: 60,000,000 shares at $0.01 par value; issued and outstanding: 7,934,122 shares at December 31, 2025 and 3,713,792 shares at December 31, 2024, respectively | $79.3K | $37.1K | |
| Additional paid-in capital | $100.5M | $94.9M | |
| Accumulated deficit | -$95.6M | -$96.7M | |
| Accumulated other comprehensive (loss) income | -$8.4K | $957 | |
| Total stockholders equity (deficit) | $6.6M | -$130.0K | $115.9K |
| Total liabilities and stockholders equity (deficit) | $10.8M | $307.0K | |
| Preferred stock, shares authorized | 10.0M shares | 10.0M shares | |
| Preferred stock, par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 60.0M shares | 60.0M shares | |
| Common stock, par value | $0.01 | $0.01 | |
| Common stock, shares issued | 7.9M shares | 3.7M shares | |
| Common stock, shares outstanding | 7.9M shares | 3.7M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net income (loss) | $1.1M | -$4.2M |
| Depreciation and amortization | $441.4K | $347.7K |
| Amortization of right-of-use assets | $49.9K | $22.5K |
| Non-cash interest expense | $9.0K | |
| Stock-based compensation | $122.7K | $897.2K |
| Issuance of warrants for service | $1.1M | |
| Loss on disposal of fixed assets | $6.6K | |
| Provision for accounts receivable allowances | -$313.0K | |
| Vendor liability forgiveness, net of asset transfers | $2.2M | |
| Accounts receivable | -$588.9K | $1.0M |
| Other receivable | -$1.1M | |
| Inventories | $404.3K | |
| Prepaid expenses and other current assets | -$26.7K | -$99.0K |
| Other assets | -$59.4K | $33.4K |
| Accounts payable | $217.9K | -$3.2M |
| Contract liabilities | $1.5M | |
| Income tax payable | $446.7K | |
| Accrued expenses and other current liabilities | $568.4K | -$784.2K |
| Operating lease liabilities | -$50.6K | -$22.5K |
| Net cash provided by (used in) operating activities | $3.6M | -$3.8M |
| Purchase of property, equipment and software | -$186.1K | |
| Sales or property and equipment | $11.6K | |
| Asset acquisition - Yixuntong (Note 4) | -$1.2M | |
| Asset acquisition - HGK, net of cash acquired (Note 4) | -$3.5M | |
| Net cash (used in) provided by investing activities | -$4.9M | $11.6K |
| Proceeds from preferred stock issuance | $3.1M | |
| Proceeds from the issuance of common stock | $4.0M | |
| Proceeds from the issuance of convertible note | $300.0K | |
| Net cash provided by financing activities | $4.3M | $3.1M |
| Effect of foreign exchange rate changes on cash | -$8.9K | |
| Net change in cash | $3.1M | -$679.2K |
| Income taxes | $11.1K | |
| Non-cash common stocks issued that were recognized in deferred offering costs | $150.0K | |
| Settlement of convertible note to equity | $309.0K | |
| Obtaining right-of-use assets in exchange for operating lease liability | $82.6K | |
| Purchase of property, equipment and software through increase in other payables | $89.4K | |
| Asset acquisition through increase in other payables | $205.0K |
No quarter-by-quarter statement was filed.
Leadership
Who has led FiEE, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerLi Wai Chung Feb 28, 2025 to now13
- Chief executive officerMehul A. Patel Aug 17, 2022 to Aug 17, 202214
- Chief executive officerGraham James Chynoweth Dec 14, 2020 to Sep 13, 202215
- Chief executive officerFrank Blase Manning Dec 14, 2009 to Jan 28, 202016
- PresidentNicole Elisabeth Zheng Aug 2, 2021 to Aug 30, 202217
- PresidentJoseph Wytanis Nov 1, 2018 to Jan 28, 202018
- PresidentFrank Blase Manning Dec 14, 2009 to Sep 4, 201916
- Chief financial officerCao Yu Feb 28, 2025 to now19
- Chief financial officerMehul A. Patel Apr 1, 2022 to Apr 1, 202220
- Chief financial officerDustin Tacker Aug 17, 2022 to Apr 10, 202321
- Chief financial officerFrank Blase Manning Jan 28, 2020 to Jan 28, 202022
- Chief financial officerHamilton Jacquelyn Barry Mar 17, 2020 to Mar 17, 202023
- Chief financial officerSean Patrick Doherty Dec 14, 2020 to Aug 25, 202124
- Chief financial officerPhilip Frank Oct 16, 2015 to Jan 13, 201625
- Chief financial officerRobert A. Crist Dec 14, 2009 to Apr 30, 201026
- Chief operating officerJohn Lauten Jul 29, 2021 to Aug 17, 202227
- Chief operating officerJoseph Wytanis Jan 28, 2020 to Jan 28, 202028
Board members and other officers (32)
- Interim Chief Acctng. OfficerDustin Tacker Dec 30, 2021 to Dec 30, 202129
- VP Engineering and CTOStan Stanhope Jul 12, 2019 to May 28, 202030
- VP of OperationsDeena M. Randall Dec 14, 2009 to Aug 15, 201831
- VP Sales & MarketingTerry Manning Dec 14, 2009 to Aug 15, 201826
- Board memberHongya Wen Jan 23, 2026 to now32
- Board memberCao Yu May 13, 2025 to now33
- Board memberHu Bin May 13, 2025 to now34
- Board memberOi Fat Chan Jul 16, 2025 to now35
- Board memberAvraham Ben-Tzvi Jan 4, 2024 to Oct 1, 202436
- Board memberDavid E. Lazar Jan 4, 2024 to now37
- Board memberMatthew Charles McMurdo Jan 4, 2024 to Oct 1, 202438
- Board memberDavid Natan Jan 24, 2024 to now39
- Board memberPatrick William Rivard Jan 26, 2024 to Oct 9, 202440
- Board memberElizabeth Cash Hitchcock Feb 3, 2023 to Apr 4, 202341
- Board memberAndrew F. Papanicolau Aug 10, 2023 to Oct 8, 202442
- Board memberBradley C. Palmer May 27, 2020 to Dec 1, 202143
- Board memberJoshua Horowitz May 29, 2020 to Nov 28, 202244
- Board memberDaniel A. Artusi Dec 10, 2020 to Jan 12, 202345
- Board memberDavid Bradley Aronoff Dec 14, 2020 to Dec 16, 202146
- Board memberGraham James Chynoweth Dec 14, 2020 to Sep 13, 202215
- Board memberSandra Kaye Howe Dec 14, 2020 to Apr 14, 202347
- Board memberElizabeth Sarah Cash Hitchcock Dec 15, 2020 to Dec 15, 202048
- Board memberJonathan Seelig Jul 25, 2019 to Mar 20, 202049
- Board memberDerek Elder May 9, 2018 to Jul 12, 201850
- Board memberPhilip Frank Sep 28, 2015 to Apr 14, 202351
- Board memberGeorge G.a. Patterson Sep 29, 2015 to Jan 11, 201852
- Board memberRobert J. Crowley Jan 31, 2014 to Jul 12, 201853
- Board memberFrank Blase Manning Nov 22, 2011 to Oct 13, 202054
- Board memberBernard Furman Dec 14, 2009 to Jan 17, 201455
- Board memberJ. Ronald Woods Dec 14, 2009 to Jan 17, 201455
- Board memberJoseph Donovan Dec 14, 2009 to Oct 13, 202055
- Board memberPeter Robin Kramer Dec 14, 2009 to Oct 13, 202055
Named in SEC Form D filings
People the company listed in its private-offering notices.
Former names
Timeline
Filings
314 filings to the SEC since October 2021: 11 annual reports, 22 quarterly reports, 105 major events, 89 insider forms, 28 large holders, 1 private raises, 58 other. The latest 20:
- Oct 14, 2026ARS EDGAR
- Oct 13, 2026DEF 14A EDGAR
- Oct 5, 20263 EDGAR
- Oct 2, 20268-K EDGAR
- Oct 2, 2026PRE 14A EDGAR
- Sep 11, 20268-K EDGAR
- Sep 10, 2026SCHEDULE 13D/A EDGAR
- Aug 14, 202610-Q EDGAR
- Aug 14, 20268-K EDGAR
- Jun 23, 20268-K EDGAR
- Jun 23, 2026424B5 EDGAR
- Jun 11, 2026EFFECT EDGAR
- Jun 10, 2026EFFECT EDGAR
- Jun 9, 2026CORRESP EDGAR
- Jun 8, 2026CORRESP EDGAR
- Jun 3, 2026UPLOAD EDGAR
- May 29, 2026S-3 EDGAR
- May 22, 2026CORRESP EDGAR
- May 22, 2026S-3/A EDGAR
- May 22, 2026SCHEDULE 13D/A EDGAR
The 314 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
12 open-market trades by officers, directors and large owners since October 2021: 10 buys and 2 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Feb 10, 2026 | Wong Man Ching10% owner | Buy | 2,138,181 | $1.29 | $2.8M | Form 4 |
| May 9, 2025 | Yu CaoChief Financial Officer | Buy | 1,585,366 | $1.64 | $2.6M | Form 4 |
| May 9, 2025 | Bin HuDirector | Buy | 853,659 | $1.64 | $1.4M | Form 4 |
| Dec 26, 2024 | HITCHCOCK JEREMY P. | Sale | 1,447,259 | $0.03 | $43.4K | Form 4 |
| Dec 26, 2024 | HITCHCOCK ELIZABETH CASH10% owner | Sale | 1,447,259 | $0.03 | $43.4K | Form 4 |
| Dec 26, 2024 | Lazar David E.Director | Buy | 1,456,980 | $0.03 | $43.7K | Form 4 |
| Dec 6, 2023 | HITCHCOCK ELIZABETH CASH10% owner | Buy | 743,343 | $1.51 | $1.1M | Form 4 |
| Dec 6, 2023 | HITCHCOCK JEREMY P. | Buy | 743,343 | $1.51 | $1.1M | Form 4 |
| Dec 3, 2021 | Chynoweth Graham JamesChief Executive Officer | Buy | 10,000 | $1.38 | $13.8K | Form 4 |
| Dec 1, 2021 | Horowitz JoshuaDirector | Buy | 1,531 | $1.30 | $2.0K | Form 4 |
| Nov 30, 2021 | Horowitz JoshuaDirector | Buy | 17,818 | $1.27 | $22.6K | Form 4 |
| Nov 29, 2021 | Horowitz JoshuaDirector | Buy | 500 | $1.38 | $690 | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Elements Corporate Services LtdSCHEDULE 13D/A, 3 filings Feb 12, 2026 to Sep 10, 202657
- Cao YuSCHEDULE 13D/A, 8 filings Feb 25, 2025 to May 22, 202658
- David E. LazarSCHEDULE 13D/A, 6 filings Jan 30, 2024 to Mar 10, 202559
- Jeremy P. HitchcockSCHEDULE 13D/A, 11 filings Nov 22, 2022 to Jan 15, 202560
Money raised
Private offerings the company reported to the SEC on Form D.
- Mar 31, 2026Raised $2 million in a private offering of equity Form D: 2 investors so far Form D
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| UBS Group AG | 633 | $2.7K | 0.0% | +404 |
| Barrett & Company, Inc. | 24 | $103 | 0.0% | No change |
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARFiEE, Inc. filings on SEC EDGAR
- 2SEC EDGARFiEE, Inc. filings on SEC EDGAR
- 3
- 4SEC EDGARFiEE, Inc. 10-K for fiscal 2025
- 5SEC EDGARFiEE, Inc. 10-K for fiscal 2019
- 6SEC EDGARFiEE, Inc. 10-K for fiscal 2020
- 7SEC EDGARFiEE, Inc. 10-K for fiscal 2021
- 8SEC EDGARFiEE, Inc. 10-K for fiscal 2022
- 9SEC EDGARFiEE, Inc. 10-Q for fiscal 2026
- 10SEC EDGARFiEE, Inc. 10-Q for fiscal 2026
- 11SEC EDGARFiEE, Inc. 10-K for fiscal 2022
- 12SEC EDGARFiEE, Inc. 10-K for fiscal 2023
- 13
- 14
- 15
- 16
- 17SEC EDGARNicole Elisabeth Zheng, President
- 18SEC EDGARJoseph Wytanis, President
- 19SEC EDGARCao Yu, Chief financial officer
- 20
- 21
- 22
- 23
- 24
- 25
- 26
- 27SEC EDGARJohn Lauten, Chief operating officer
- 28
- 29
- 30
- 31SEC EDGARDeena M. Randall, VP of Operations
- 32SEC EDGARHongya Wen, Board member
- 33SEC EDGARCao Yu, Board member
- 34SEC EDGARHu Bin, Board member
- 35SEC EDGAROi Fat Chan, Board member
- 36SEC EDGARAvraham Ben-Tzvi, Board member
- 37SEC EDGARDavid E. Lazar, Board member
- 38
- 39SEC EDGARDavid Natan, Board member
- 40SEC EDGARPatrick William Rivard, Board member
- 41
- 42SEC EDGARAndrew F. Papanicolau, Board member
- 43SEC EDGARBradley C. Palmer, Board member
- 44SEC EDGARJoshua Horowitz, Board member
- 45SEC EDGARDaniel A. Artusi, Board member
- 46SEC EDGARDavid Bradley Aronoff, Board member
- 47SEC EDGARSandra Kaye Howe, Board member
- 48
- 49SEC EDGARJonathan Seelig, Board member
- 50SEC EDGARDerek Elder, Board member
- 51SEC EDGARPhilip Frank, Board member
- 52SEC EDGARGeorge G.a. Patterson, Board member
- 53SEC EDGARRobert J. Crowley, Board member
- 54SEC EDGARFrank Blase Manning, Board member
- 55SEC EDGARBernard Furman, Board member
- 56
- 57
- 58SEC EDGARCao Yu SCHEDULE 13D/A on FiEE, Inc.
- 59
- 60