AYRO · Ayro, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | $5.4K | - | $58.4K | - |
| Cost of Revenue | - | - | $717.1K | $239.0K | - | - | $286.0K | $1.07M | $1.18M | - |
| Gross Profit | - | - | ($717.1K) | ($239.0K) | - | - | ($280.6K) | ($1.07M) | ($1.12M) | - |
| R&D | $124.9K | - | $343.6K | $350.0K | $307.7K | - | $14.8K | $622.6K | $760.4K | - |
| SG&A | $1.58M | - | $2.47M | $1.20M | $1.67M | - | $1.41M | $1.98M | $3.06M | - |
| Total Operating Expenses | $1.70M | - | $2.82M | $1.55M | $1.97M | - | $1.65M | $2.88M | $4.09M | - |
| D&A | - | - | - | - | $6.7K | - | $347.8K | $348.6K | $340.2K | - |
| Operating Income | ($1.70M) | - | ($3.53M) | ($1.79M) | ($1.97M) | - | ($1.93M) | ($3.96M) | ($5.22M) | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | ($2.41M) | - | ($2.76M) | ($14.14M) | $845.0K | - | $550.6K | $6.91M | ($3.64M) | - |
| EPS - Basic | ($2.42) | - | ($3.84) | ($29.87) | ($0.20) | - | ($0.25) | $0.78 | ($1.46) | - |
| EPS - Diluted | ($2.42) | - | ($3.84) | ($29.87) | ($0.20) | - | ($0.25) | $0.14 | ($1.46) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $3.26M | $4.98M | $7.26M | $5.13M | $12.82M | $16.04M | $2.73M | $14.09M | $5.46M | $33.44M |
| Accounts Receivable | - | - | - | - | - | - | - | $129.3K | $137.8K | $219.0K |
| Inventory | - | - | - | - | - | - | $3.21M | $3.31M | $3.68M | $3.43M |
| Accounts Payable | $818.8K | $916.7K | $1.11M | $1.03M | $1.66M | $1.86M | $1.38M | $3.50M | $2.38M | $2.46M |
| Current Assets | $7.97M | $9.21M | $13.84M | $8.83M | $15.73M | $21.26M | $33.38M | $41.99M | $44.33M | $48.98M |
| Total Assets | $9.49M | $11.41M | $15.71M | $9.19M | $16.16M | $21.74M | $35.93M | $45.00M | $47.87M | $52.86M |
| Current Liabilities | $1.58M | $1.64M | $1.91M | $7.60M | $7.15M | $4.16M | $5.09M | $6.55M | $4.03M | $4.31M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $1.60M | $1.70M | $2.05M | $22.30M | $9.78M | $9.47M | $13.98M | $18.02M | $26.12M | $27.53M |
| Stockholders' Equity | $1.18M | $3.71M | $8.33M | ($13.11M) | $3.01M | $4.68M | $11.46M | $12.83M | $7.01M | $14.14M |
| Retained Earnings | ($140.59M) | ($138.17M) | ($133.14M) | ($130.38M) | ($116.24M) | ($117.09M) | ($111.50M) | ($112.05M) | ($118.97M) | ($115.33M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($1.10M) | - | $1.20M | - | ($1.48M) | - | - | - | ($4.68M) | - |
| Investing Cash Flow | ($219.0K) | - | - | - | $1.75M | - | - | - | ($23.30M) | - |
| Financing Cash Flow | ($403.5K) | - | - | - | ($3.55M) | - | - | - | - | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | -5171.4% | - | -1927.7% | - |
| Operating margin | - | - | - | - | - | - | -35495.9% | - | -8938.9% | - |
| EBITDA margin | - | - | - | - | - | - | -29086.3% | - | -8355.8% | - |
| Net margin | - | - | - | - | - | - | 10146.6% | - | -6236.0% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | 272.3% | - | 1303.2% | - |
| SG&A / Revenue | - | - | - | - | - | - | 26060.2% | - | 5248.1% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -25.4% | - | -17.6% | -153.8% | 5.2% | - | 1.5% | 15.4% | -7.6% | - |
| Return on equity | -204.6% | - | -33.1% | 107.9% | 28.1% | - | 4.8% | 53.9% | -51.9% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 5.05 | 5.60 | 7.23 | 1.16 | 2.20 | 5.11 | 6.55 | 6.42 | 11.00 | 11.37 |
| Quick ratio | 5.05 | 5.60 | 7.23 | 1.16 | 2.20 | 5.11 | 5.92 | 5.91 | 10.09 | 10.57 |
| Cash ratio | 2.07 | 3.03 | 3.79 | 0.68 | 1.79 | 3.85 | 0.54 | 2.15 | 1.35 | 7.76 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 8.04 | 3.07 | 1.89 | -0.70 | 5.37 | 4.64 | 3.14 | 3.51 | 6.83 | 3.74 |
| Liabilities / Assets | 0.17 | 0.15 | 0.13 | 2.43 | 0.61 | 0.44 | 0.39 | 0.40 | 0.55 | 0.52 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | 0.00 | - | 0.00 | - |
| Inventory turnover | - | - | - | - | - | - | 0.09 | 0.32 | 0.32 | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | 862d | - |
| Days inventory outstanding | - | - | - | - | - | - | 4096d | 1125d | 1134d | - |
| Days payable outstanding | - | - | 566d | 1580d | - | - | 1764d | 1189d | 733d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | 1263d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | -93.9% | - | -48.4% | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | -78.7% | - | -26.5% | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | -65.4% | - | -44.4% | - |
| Gross profit growth (YoY) | - | - | -155.6% | 77.8% | - | - | -95.6% | -458.4% | -954.1% | - |
| Operating income growth (YoY) | 13.8% | - | -83.5% | 54.8% | 62.2% | - | 69.1% | 36.8% | 10.0% | - |
| Net income growth (YoY) | - | - | - | - | - | - | - | - | 33.5% | - |
| EPS growth (YoY) | -1110.0% | - | -1436.0% | - | 86.3% | - | 79.7% | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -60.7% | -20.8% | -27.3% | - | -57.1% | -66.9% | -58.0% | -68.8% | -85.0% | -72.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2024-12-31.
Product / service
$63.8K totalProduct$43.2K · 67.7%
Service$19.5K · 30.6%
Shipping And Handling$1.1K · 1.7%
Peer comparison
Same SIC group: Communications Services, NEC
Comparing AYRO against the 5 most active filers in the same SIC group.