NOCOPI TECHNOLOGIES, INC. financials
Source: EDGAR filings · Built 2026-06-19T02:52:46Z
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 | 713.90K | 584.90K | -47.80K | -44.10K | 481.10K | 663.80K |
| EBITDA | -594.70K | -3.27M | -1.82M | 2.08M | 55.70K | 500.50K |
| Working Capital | 12.80M | 12.39M | 10.62M | 6.42M | 3.20M | 2.80M |
| Net Debt | -11.38M | -10.80M | -2.25M | -849.10K | -1.73M | -1.20M |
| Gross Margin | 54.45% | 51.95% | 52.88% | 84.27% | 62.19% | 57.73% |
| Operating Margin | -40.26% | -155.84% | -89.76% | 44.20% | 1.29% | 18.02% |
| Net Margin | -10.37% | -126.49% | -68.90% | 39.18% | 2.53% | 19.12% |
| Return on Equity (ROE) | -1.14% | -19.64% | -11.60% | 20.56% | 1.41% | 14.72% |
| Return on Assets (ROA) | -1.10% | -19.24% | -10.26% | 18.85% | 1.30% | 13.13% |
| Current Ratio | 45.02× | 65.79× | 8.14× | 11.54× | 16.77× | 11.57× |
| Debt-to-Equity | 0.01× | 0.00× | 0.00× | 0.01× | 0.03× | 0.05× |
| Effective Tax Rate | 0.00% | 0.00% | 7.87% | 13.97% | -13.04% | -3.69% |
| Cash Conversion Ratio | -4.61× | -0.22× | 0.01× | -0.02× | 10.38× | 1.38× |
| Accruals Ratio | -0.06× | -0.24× | -0.10× | 0.19× | -0.12× | -0.05× |
| SBC % of Revenue | 8.43% | 129.03% | 63.37% | 0.00% | 0.00% | 0.00% |
| CapEx Coverage | — | 60.08× | -0.68× | -54.13× | 16.22× | 18.20× |
| Free Cash Flow Per Share | $0.07 | $0.06 | $-0.00 | $-0.01 | $0.07 | $0.01 |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenues | 1.49M | 2.12M | 2.08M | 4.63M | 1.95M | 2.66M |
| Cost of Goods and Services Sold | 680.40K | 1.02M | 982.00K | 727.70K | 738.10K | — |
| Cost of Revenue | 680.40K | 1.02M | 982.00K | — | 738.10K | 1.12M |
| Gross Profit | 813.40K | 1.10M | 1.10M | 3.90M | 1.21M | 1.53M |
| Research and Development Expense | 179.90K | 178.20K | 163.40K | 140.40K | 181.50K | 173.50K |
| Operating Expenses | 1.41M | 4.40M | 2.97M | 1.85M | 1.19M | 1.06M |
| Operating Income (Loss) | -601.40K | -3.30M | -1.87M | 2.05M | 25.20K | 479.00K |
| Income Tax Expense (Benefit) | 0 | 0 | -122.70K | 294.50K | -5.70K | -18.10K |
| Net Income (Loss) Attributable to Parent | -154.90K | -2.68M | -1.44M | 1.81M | 49.40K | 508.40K |
| Earnings Per Share, Basic | $-0.01 | $-0.25 | $-0.15 | $0.24 | $0.01 | $0.01 |
| Weighted Average Number of Shares Outstanding, Basic | 10.80M | 10.53M | 9.67M | 7.58M | 6.74M | 64.05M |
| Earnings Per Share, Diluted | $-0.01 | $-0.25 | $-0.15 | $0.24 | $0.01 | $0.01 |
| Weighted Average Number of Shares Outstanding, Diluted | 10.80M | 10.53M | 9.67M | 7.58M | 6.74M | 64.17M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 11.55M | 10.84M | 2.27M | 917.40K | 1.85M | 1.36M |
| Assets, Current | 13.09M | 12.58M | 12.11M | 7.03M | 3.40M | 3.07M |
| Assets | 14.04M | 13.92M | 14.00M | 9.62M | 3.79M | 3.87M |
| Liabilities, Current | 290.80K | 191.20K | 1.49M | 609.20K | 202.70K | 265.10K |
| Liabilities | — | 281.60K | 1.62M | — | — | — |
| Stockholders' Equity Attributable to Parent | 13.60M | 13.64M | 12.38M | 8.82M | 3.51M | 3.45M |
| Common Stock, Shares, Outstanding | 10.84M | 10.79M | 10.50M | 9.25M | 6.75M | 67.35M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 713.90K | 594.80K | -19.30K | -43.30K | 512.70K | 702.40K |
| Payments to Acquire Property, Plant, and Equipment | 0 | 9.90K | 28.50K | 800 | 31.60K | 38.60K |
| Net Cash Provided by (Used in) Investing Activities | 0 | 7.98M | -3.63M | -4.39M | -31.60K | -38.60K |
| Net Cash Provided by (Used in) Financing Activities | — | — | 5.00M | 3.50M | 2.80K | 11.00K |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -40.60K | 56.00K | 657.90K | 455.30K | 369.70K | -101.20K |
| EBITDA | -159.10K | -198.70K | — | — | -84.10K | -512.00K |
| Working Capital | 13.26M | 12.80M | 12.73M | 12.48M | 12.53M | 12.39M |
| Net Debt | -11.76M | -11.38M | -11.31M | -11.09M | -11.20M | -10.80M |
| Gross Margin | 48.91% | 63.46% | 46.01% | 53.19% | 57.14% | 54.74% |
| Operating Margin | -41.44% | -74.50% | -36.99% | -47.92% | -17.91% | -87.15% |
| Net Margin | -15.99% | -35.32% | -6.95% | -16.28% | 5.32% | -66.58% |
| Return on Equity (ROE) | -0.45% | -0.70% | -0.20% | -0.43% | 0.19% | -2.89% |
| Return on Assets (ROA) | -0.43% | -0.68% | -0.19% | -0.41% | 0.18% | -2.83% |
| Current Ratio | 48.66× | 45.02× | 50.87× | 29.48× | 45.66× | 65.79× |
| Debt-to-Equity | 0.01× | 0.01× | 0.01× | 0.02× | 0.00× | 0.00× |
| Effective Tax Rate | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Cash Conversion Ratio | 0.43× | -0.59× | -24.55× | -7.77× | 14.50× | 0.26× |
| Accruals Ratio | -0.00× | -0.01× | -0.05× | -0.04× | -0.02× | -0.02× |
| SBC % of Revenue | 7.44% | 44.54% | 0.54% | 0.58% | 4.95% | 461.49% |
| CapEx Coverage | -1.99× | — | — | — | — | — |
| Free Cash Flow Per Share | $-0.00 | $0.01 | $0.06 | $0.04 | $0.03 | $-0.01 |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenues | 389.70K | 269.00K | 385.80K | 360.00K | 479.00K | 592.10K |
| Cost of Goods and Services Sold | 199.10K | 98.30K | 208.30K | 168.50K | 205.30K | 268.00K |
| Cost of Revenue | 199.10K | 98.30K | 208.30K | 168.50K | 205.30K | 268.00K |
| Gross Profit | 190.60K | 170.70K | 177.50K | 191.50K | 273.70K | 324.10K |
| Research and Development Expense | 55.80K | 48.10K | 43.60K | 43.20K | 45.00K | 51.10K |
| Operating Expenses | 352.10K | 371.10K | 320.20K | 364.00K | 359.50K | 840.10K |
| Operating Income (Loss) | -161.50K | -200.40K | -142.70K | -172.50K | -85.80K | -516.00K |
| Income Tax Expense (Benefit) | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income (Loss) Attributable to Parent | -62.30K | -95.00K | -26.80K | -58.60K | 25.50K | -394.20K |
| Earnings Per Share, Basic | $-0.01 | $-0.00 | $0.00 | $-0.01 | $0.00 | $-0.03 |
| Weighted Average Number of Shares Outstanding, Basic | 11.06M | 10.80M | 10.80M | 10.79M | 10.79M | 10.53M |
| Earnings Per Share, Diluted | $-0.01 | $-0.00 | $0.00 | $-0.01 | $0.00 | $-0.03 |
| Weighted Average Number of Shares Outstanding, Diluted | 11.06M | 10.80M | 10.80M | 10.79M | 10.79M | 10.53M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 11.91M | 11.55M | 11.50M | 11.29M | 11.21M | 10.84M |
| Assets, Current | 13.54M | 13.09M | 12.99M | 12.91M | 12.81M | 12.58M |
| Assets | 14.34M | 14.04M | 14.10M | 14.20M | 14.03M | 13.92M |
| Liabilities, Current | 278.20K | 290.80K | 255.30K | 438.10K | 280.50K | 191.20K |
| Liabilities | — | — | — | — | — | 281.60K |
| Stockholders' Equity Attributable to Parent | 13.95M | 13.60M | 13.67M | 13.61M | 13.67M | 13.64M |
| Common Stock, Shares, Outstanding | 11.10M | 10.84M | 10.81M | 10.79M | 10.79M | 10.79M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -27.00K | 56.00K | 657.90K | 455.30K | 369.70K | -101.20K |
| Payments to Acquire Property, Plant, and Equipment | 13.60K | 0 | 0 | 0 | 0 | 0 |
| Net Cash Provided by (Used in) Investing Activities | -13.60K | 0 | 0 | 0 | 0 | 0 |
| Net Cash Provided by (Used in) Financing Activities | 400.00K | — | — | — | 0 | — |
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 (NNUP CIK 0000888981),
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.