Bollinger Innovations, Inc. financials
Source: EDGAR filings · Built 2026-06-19T00:33:27Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -200.30M | -193.68M | -77.40M | -17.57M | 2.99M | -2.29M |
| EBITDA | -369.84M | -361.38M | -93.71M | -21.68M | -1.46M | -2.46M |
| Working Capital | -120.00M | 58.52M | -35.90M | -64.35M | -1.10M | -1.74M |
| Net Debt | 9.62M | -142.10M | -40.28M | 41.86M | 6.20M | 9.15M |
| Gross Margin | -1443.80% | 25.17% | — | — | 14.98% | 15.81% |
| Operating Margin | -35805.41% | -103216.49% | — | — | -6.84% | -8.59% |
| Net Margin | -41766.40% | -265643.33% | — | — | -8.98% | -9.94% |
| Return on Equity (ROE) | 1600.57% | -465.30% | -1259.92% | 71.69% | 13.41% | -159.83% |
| Return on Assets (ROA) | -255.87% | -230.55% | -244.40% | -257.62% | -21.99% | -28.03% |
| Current Ratio | 0.34× | 1.42× | 0.71× | 0.10× | 0.93× | 0.83× |
| Debt-to-Equity | -0.70× | 0.06× | 0.24× | -0.68× | -0.24× | 2.38× |
| Effective Tax Rate | 0.76% | 1.08% | 0.04% | -0.00% | — | — |
| Cash Conversion Ratio | 0.41× | 0.18× | 0.09× | 0.40× | -0.51× | 0.33× |
| Accruals Ratio | -1.52× | -1.88× | -2.23× | -1.56× | -0.33× | -0.19× |
| SBC % of Revenue | 3694.77% | 23344.77% | — | — | 4.14% | 3.16% |
| CapEx Coverage | -12.58× | -12.35× | -5.67× | -399.20× | 96.43× | -15.60× |
| Free Cash Flow Per Share | $-624.77 | $-315.97 | $-6259.81 | $-3.40 | $0.59 | $-0.57 |
Income Statement
| Concept | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 1.09M | 366.00K | — | — | — | — |
| Cost of Goods and Services Sold | — | 273.88K | — | — | 55.86M | 54.72M |
| Cost of Revenue | 16.89M | 273.88K | — | — | — | — |
| Gross Profit | -15.80M | 92.12K | — | — | 9.84M | 10.28M |
| Research and Development Expense | 74.89M | 77.39M | 21.65M | 3.01M | 518.02K | — |
| Selling, General and Administrative Expense | — | — | — | — | 7.02M | 9.34M |
| Operating Expenses | — | — | 96.99M | 22.40M | 3.47M | 70.58M |
| Operating Income (Loss) | -391.83M | -377.77M | -96.99M | -22.40M | -4.49M | -5.59M |
| Income Tax Expense (Benefit) | -3.89M | -10.99M | -278.95K | 800 | — | — |
| Net Income (Loss) Attributable to Parent | -457.06M | -972.25M | -739.53M | -44.24M | -5.90M | -6.46M |
| Earnings Per Share, Basic | $-1425.61 | $-157405.25 | $-63085.26 | $-8.56 | $-0.98 | — |
| Weighted Average Number of Shares Outstanding, Basic | 330,358 | 6,130 | 12,365 | 5.17M | 5.10M | — |
| Earnings Per Share, Diluted | — | $-1574.14 | $-63083.67 | $-8.56 | $-0.98 | — |
| Weighted Average Number of Shares Outstanding, Diluted | — | 612,964 | 12,365 | 5.17M | 5.10M | — |
Balance Sheet
| Concept | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 10.32M | 155.27M | 54.09M | 42.17K | 4.54M | 486.60K |
| Assets, Current | 63.17M | 198.13M | 86.33M | 6.81M | 13.97M | 8.67M |
| Assets | 178.63M | 421.71M | 302.59M | 17.17M | 26.83M | 23.04M |
| Long-term Debt | 5.40M | 7.46M | 9.02M | 39.45M | 9.94M | 9.25M |
| Liabilities, Current | 183.17M | 139.61M | 122.23M | 71.16M | 15.07M | 10.41M |
| Long-term Debt, Excluding Current Maturities | 0 | 0 | 5.16M | 247.61K | 8.61M | 8.34M |
| Liabilities | 195.18M | 148.90M | 145.64M | 78.88M | 24.34M | 19.00M |
| Stockholders' Equity Attributable to Parent | -28.56M | 208.95M | 58.70M | -61.71M | -43.99M | — |
| Common Stock, Shares, Outstanding | 1 | 28,718 | 37,043 | 7.05M | 5.00M | 4.11M |
Cash Flow Statement
| Concept | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -185.56M | -179.17M | -65.80M | -17.52M | 3.02M | -2.15M |
| Payments to Acquire Property, Plant, and Equipment | 14.75M | 14.51M | 11.61M | 43.89K | 31.34K | 138.00K |
| Net Cash Provided by (Used in) Investing Activities | -16.15M | -107.92M | -47.15M | -161.78K | -1.82M | -2.45M |
| Payments for Repurchase of Common Stock | 0 | 5.61M | — | — | — | — |
| Net Cash Provided by (Used in) Financing Activities | 56.76M | 358.42M | 197.28M | 17.69M | 3.02M | 3.46M |
Derived Metrics
| Concept | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -73.65M | -52.45M | -27.79M | -41.07M | -159.24M | -120.94M |
| EBITDA | — | — | -46.69M | -89.07M | — | — |
| Working Capital | -144.10M | -156.07M | -186.20M | -120.00M | -59.00M | 5.34M |
| Net Debt | 35.59M | 23.78M | 28.21M | 9.62M | 13.73M | -5.88M |
| Gross Margin | -2130.59% | -41.35% | -125.61% | -1591.65% | 44.80% | 59.68% |
| Operating Margin | -12282.34% | -1329.05% | -1761.19% | -9368.06% | -94689.90% | -532079.89% |
| Net Margin | -27386.25% | -951.00% | -3933.89% | -17662.15% | -133917.10% | -397276.02% |
| Return on Equity (ROE) | 120.22% | 64.53% | 111.46% | 615.88% | -250.06% | -139.27% |
| Return on Assets (ROA) | -145.38% | -31.37% | -66.40% | -98.45% | -45.42% | -61.85% |
| Current Ratio | 0.23× | 0.25× | 0.24× | 0.34× | 0.53× | 1.06× |
| Debt-to-Equity | -0.33× | -0.35× | -0.30× | -0.70× | 0.49× | 0.17× |
| Effective Tax Rate | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | 1.25% |
| Cash Conversion Ratio | 0.54× | 1.03× | 0.22× | 0.23× | 1.66× | 0.82× |
| Accruals Ratio | -0.68× | 0.01× | -0.52× | -0.76× | 0.30× | -0.11× |
| SBC % of Revenue | 14147.94% | 853.96% | 636.60% | 1130.67% | 44721.45% | 46825.49% |
| CapEx Coverage | -16.37× | -12.59× | -11.51× | -58.16× | -10.33× | -8.70× |
| Free Cash Flow Per Share | $-6376.28 | $-545.08 | $-159.94 | — | $-13.12 | $-10996646.15 |
Income Statement
| Concept | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 473.69K | 4.95M | 2.92M | 995.75K | 65.23K | 33.34K |
| Revenues | 473.69K | 4.95M | 2.92M | — | 65.23K | 33.34K |
| Cost of Goods and Services Sold | — | — | — | — | 26.22K | — |
| Cost of Revenue | 10.57M | 7.00M | 6.59M | 16.84M | 36.01K | 13.44K |
| Gross Profit | -10.09M | -2.05M | -3.67M | -15.85M | 29.23K | 19.89K |
| Research and Development Expense | 11.59M | 10.36M | 11.28M | 20.40M | 14.29M | 24.02M |
| Operating Income (Loss) | -58.18M | -65.79M | -51.44M | -93.28M | -61.77M | -177.37M |
| Income Tax Expense (Benefit) | 600 | 600 | 600 | 1.40K | 1.20K | -2.17M |
| Net Income (Loss) Attributable to Parent | -129.72M | -47.08M | -114.89M | -175.87M | -87.36M | -132.43M |
| Earnings Per Share, Basic | $-11231.39 | $-489.24 | $-661.33 | $289856690.39 | $-95987912.00 | $-12041273.00 |
| Weighted Average Number of Shares Outstanding, Basic | 11,559 | 96,275 | 173,762 | 330,358 | 1 | 11 |
| Earnings Per Share, Diluted | — | — | — | — | $-7.91 | — |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | — | 12.13M | — |
Balance Sheet
| Concept | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 454.66K | 1.40M | 2.33M | 10.32M | 3.55M | 22.38M |
| Assets, Current | 42.39M | 52.90M | 59.91M | 63.17M | 67.56M | 88.88M |
| Assets | 89.23M | 150.09M | 173.02M | 178.63M | 192.33M | 214.12M |
| Long-term Debt | — | — | 13.22M | 5.40M | 2.73M | 2.72M |
| Liabilities, Current | 186.48M | 208.97M | 246.11M | 183.17M | 126.56M | 83.54M |
| Long-term Debt, Excluding Current Maturities | — | — | — | 0 | 0 | 0 |
| Liabilities | 196.28M | 219.63M | 267.23M | 195.18M | 139.33M | 96.71M |
| Stockholders' Equity Attributable to Parent | -107.91M | -72.95M | -103.07M | -28.56M | 34.94M | 95.09M |
| Common Stock, Shares, Outstanding | 99,568 | 1.02M | 404,334 | 1 | 16.06M | 7.97M |
Cash Flow Statement
| Concept | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -69.41M | -48.59M | -25.56M | -40.37M | -145.18M | -108.47M |
| Payments to Acquire Property, Plant, and Equipment | 4.24M | 3.86M | 2.22M | 694.22K | 14.05M | 12.47M |
| Net Cash Provided by (Used in) Investing Activities | -4.24M | -3.86M | -2.22M | -2.09M | -14.05M | -12.47M |
| Net Cash Provided by (Used in) Financing Activities | 63.75M | 44.02M | 19.78M | 49.25M | 7.50M | -4.95M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (BINI CIK 0001499961),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.