Cavitation Technologies, Inc. financials
Source: EDGAR filings · Built 2026-06-19T00:44:23Z
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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | — | — | — | — | -378.00K | 6.00K |
| EBITDA | -987.00K | 439.00K | -883.00K | -299.00K | -725.00K | 175.00K |
| Working Capital | 208.00K | -403.00K | -846.00K | -30.00K | -401.00K | -522.00K |
| Net Debt | -99.00K | 6.00K | 253.00K | -101.00K | -858.00K | -343.00K |
| Gross Margin | 81.28% | 88.55% | 72.06% | 100.31% | 96.42% | 97.59% |
| Operating Margin | -486.21% | 32.13% | -204.62% | -18.47% | -133.87% | 8.18% |
| Net Margin | -55.66% | 32.21% | -471.13% | -38.23% | -116.31% | 7.70% |
| Return on Equity (ROE) | -163.77% | -91.46% | 221.98% | -59.75% | 157.91% | -26.12% |
| Return on Assets (ROA) | -38.05% | 177.02% | -1426.57% | -33.08% | -35.45% | 9.82% |
| Current Ratio | 3.67× | 0.33× | 0.02× | 0.95× | 0.78× | 0.64× |
| Debt-to-Equity | 2.17× | -0.39× | -0.29× | 0.33× | -1.23× | -0.85× |
| Effective Tax Rate | — | — | 0.00% | 0.00% | 0.00% | 0.00% |
| Cash Conversion Ratio | 7.13× | 0.39× | 0.21× | 0.78× | 0.39× | 0.44× |
| Accruals Ratio | 2.33× | 1.08× | -11.31× | -0.07× | -0.22× | 0.06× |
| CapEx Coverage | — | — | — | — | -1.95× | 1.12× |
| Free Cash Flow Per Share | — | — | — | — | $-0.00 | $0.00 |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenues | 203.00K | 1.36M | 433.00K | — | 558.00K | 1.66M |
| Cost of Revenue | 38.00K | 156.00K | 121.00K | 41.00K | 20.00K | 40.00K |
| Gross Profit | 165.00K | 1.21M | 312.00K | 1.62M | 538.00K | 1.62M |
| Research and Development Expense | 95.00K | 61.00K | 3.00K | 17.00K | 21.00K | 18.00K |
| Operating Expenses | 1.15M | 769.00K | 1.20M | 1.92M | 1.28M | 1.49M |
| Operating Income (Loss) | -987.00K | 438.00K | -886.00K | -299.00K | -747.00K | 136.00K |
| Income Tax Expense (Benefit) | — | — | 0 | 0 | 0 | 0 |
| Net Income (Loss) Attributable to Parent | -113.00K | 439.00K | -2.04M | -619.00K | -649.00K | 128.00K |
| Earnings Per Share, Basic | $0.00 | $0.00 | $-0.01 | $0.00 | $0.00 | — |
| Weighted Average Number of Shares Outstanding, Basic | 286.00M | 284.29M | 281.69M | 248.74M | 197.22M | 197.00M |
| Earnings Per Share, Diluted | $0.00 | $0.00 | $-0.01 | $0.00 | $0.00 | — |
| Weighted Average Number of Shares Outstanding, Diluted | 286.00M | 284.29M | 281.69M | 248.74M | 197.22M | 197.00M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 249.00K | 179.00K | 18.00K | 441.00K | 1.36M | 759.00K |
| Assets, Current | 286.00K | 195.00K | 18.00K | 528.00K | 1.39M | 910.00K |
| Assets | 297.00K | 248.00K | 143.00K | 1.87M | 1.83M | 1.30M |
| Long-term Debt | 135.00K | 139.00K | — | — | — | — |
| Liabilities, Current | 78.00K | 598.00K | 864.00K | 558.00K | 1.79M | 1.43M |
| Long-term Debt, Excluding Current Maturities | 150.00K | 130.00K | 145.00K | 150.00K | 254.00K | — |
| Liabilities | 228.00K | 728.00K | 1.06M | 835.00K | 2.24M | 1.79M |
| Stockholders' Equity Attributable to Parent | 69.00K | -480.00K | -919.00K | 1.04M | -411.00K | -490.00K |
| Common Stock, Shares, Outstanding | 289.16M | 284.29M | 284.29M | 276.70M | 208.27M | 197.00M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -806.00K | 172.00K | -423.00K | -484.00K | -250.00K | 56.00K |
| Payments to Acquire Property, Plant, and Equipment | — | — | — | — | 128.00K | 50.00K |
| Net Cash Provided by (Used in) Investing Activities | 880.00K | 0 | 0 | -1.22M | -128.00K | -50.00K |
| Net Cash Provided by (Used in) Financing Activities | -4.00K | -11.00K | 0 | 785.00K | 982.00K | 104.00K |
Derived Metrics
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| EBITDA | — | — | — | -234.00K | — | — |
| Working Capital | -328.00K | -109.00K | -50.00K | 208.00K | 415.00K | 88.00K |
| Net Debt | 195.00K | 119.00K | 120.00K | -99.00K | -296.00K | -538.00K |
| Gross Margin | 100.00% | — | — | 100.00% | 79.51% | 82.89% |
| Operating Margin | -7700.00% | — | -8300.00% | -4680.00% | -186.89% | -393.42% |
| Net Margin | -7300.00% | — | -8600.00% | -4700.00% | -188.52% | 761.84% |
| Return on Equity (ROE) | 46.90% | 191.94% | 136.51% | -340.58% | -76.92% | -2517.39% |
| Return on Assets (ROA) | -331.82% | -865.45% | -430.00% | -79.12% | -39.93% | 80.64% |
| Current Ratio | 0.14× | 0.29× | 0.49× | 3.67× | 3.77× | 1.14× |
| Debt-to-Equity | -0.51× | -0.60× | -0.79× | 2.17× | 0.45× | -6.22× |
| Cash Conversion Ratio | 2.41× | 0.84× | 0.85× | 0.77× | 2.71× | -0.65× |
| Accruals Ratio | 4.67× | -1.36× | -0.65× | -0.18× | 0.68× | 1.33× |
Income Statement
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Revenues | 3.00K | 0 | 3.00K | 5.00K | 122.00K | 76.00K |
| Cost of Revenue | 0 | 0 | — | 0 | 25.00K | 13.00K |
| Gross Profit | 3.00K | 0 | — | 5.00K | 97.00K | 63.00K |
| Research and Development Expense | 11.00K | 4.00K | 7.00K | 29.00K | 42.00K | 16.00K |
| Operating Expenses | 234.00K | 474.00K | 252.00K | 239.00K | 325.00K | 362.00K |
| Operating Income (Loss) | -231.00K | -474.00K | -249.00K | -234.00K | -228.00K | -299.00K |
| Net Income (Loss) Attributable to Parent | -219.00K | -476.00K | -258.00K | -235.00K | -230.00K | 579.00K |
| Earnings Per Share, Basic | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Weighted Average Number of Shares Outstanding, Basic | 309.72M | 301.18M | 289.16M | 286.00M | 286.47M | 284.29M |
| Earnings Per Share, Diluted | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Weighted Average Number of Shares Outstanding, Diluted | 309.72M | 301.18M | 289.16M | 286.00M | 286.47M | 284.29M |
Balance Sheet
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 45.00K | 31.00K | 30.00K | 249.00K | 432.00K | 681.00K |
| Assets, Current | 55.00K | 44.00K | 49.00K | 286.00K | 565.00K | 701.00K |
| Assets | 66.00K | 55.00K | 60.00K | 297.00K | 576.00K | 718.00K |
| Long-term Debt | — | — | — | 135.00K | — | — |
| Liabilities, Current | 383.00K | 153.00K | 99.00K | 78.00K | 150.00K | 613.00K |
| Long-term Debt, Excluding Current Maturities | 150.00K | 150.00K | 150.00K | 150.00K | 127.00K | 128.00K |
| Liabilities | 533.00K | 303.00K | 249.00K | 228.00K | 277.00K | 741.00K |
| Stockholders' Equity Attributable to Parent | -467.00K | -248.00K | -189.00K | 69.00K | 299.00K | -23.00K |
| Common Stock, Shares, Outstanding | 309.72M | 309.72M | 289.16M | 289.16M | 288.96M | 284.29M |
Cash Flow Statement
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -527.00K | -401.00K | -219.00K | -182.00K | -624.00K | -376.00K |
| Net Cash Provided by (Used in) Investing Activities | 0 | 0 | — | 0 | 880.00K | 880.00K |
| Net Cash Provided by (Used in) Financing Activities | 323.00K | 183.00K | 0 | -1.00K | -3.00K | -2.00K |
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 (CVAT CIK 0001376793),
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.