GRDX · Gridai Technologies Corp. - 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 | $38.2K | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $651.9K | - | - | - | - | - | - | - | - | - |
| Gross Profit | ($613.7K) | - | - | - | - | - | - | - | - | - |
| R&D | $631.4K | - | $6.7K | $10.6K | $15.8K | - | $207.0K | $219.6K | $566.0K | - |
| SG&A | $2.37M | - | $928.1K | $628.2K | $805.6K | - | $1.69M | $3.21M | $8.66M | - |
| Total Operating Expenses | $3.00M | - | $934.8K | $638.9K | $821.4K | - | $1.89M | $3.43M | $9.23M | - |
| D&A | $0 | - | - | - | - | - | $1.0K | $7.3K | $12.3K | - |
| Operating Income | ($3.61M) | - | ($934.8K) | ($638.9K) | ($821.4K) | - | ($1.89M) | ($3.43M) | ($9.23M) | - |
| Interest Expense | - | - | - | - | $17.9K | - | $1.0K | $5.0K | $66.2K | - |
| Income Tax | ($297.6K) | - | - | - | - | - | - | $4.26M | ($14.86M) | - |
| Net Income | ($3.63M) | - | ($1.15M) | ($998.3K) | ($1.26M) | - | ($2.58M) | ($8.81M) | $5.57M | - |
| EPS - Basic | ($0.82) | - | ($0.75) | ($0.63) | ($0.84) | - | ($1.77) | ($11.58) | $9.36 | - |
| EPS - Diluted | ($0.82) | - | ($0.75) | ($0.63) | ($0.84) | - | ($1.77) | ($11.58) | $1.14 | - |
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 | $385.5K | $899.8K | $2.52M | $4.5K | $59.4K | $163.5K | $366.8K | $662.5K | $3.43M | $3.71M |
| Accounts Receivable | $41.3K | $30.0K | $37.5K | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $4.07M | $3.38M | $4.97M | $3.30M | $2.85M | $2.96M | $2.21M | $2.01M | $2.00M | $554.3K |
| Current Assets | $2.58M | $2.60M | $87.70M | $83.32M | $83.46M | $83.48M | $83.84M | $84.39M | $7.49M | $4.96M |
| Total Assets | $47.97M | $48.55M | $135.37M | $85.06M | $85.20M | $85.41M | $85.82M | $86.29M | $91.13M | $6.88M |
| Current Liabilities | $16.23M | $15.16M | $33.52M | $29.68M | $28.74M | $27.55M | $15.69M | $15.38M | $6.17M | $3.13M |
| Long-term Debt | - | - | - | - | - | - | - | - | $6.40M | - |
| Total Liabilities | $20.47M | $19.72M | $45.81M | $29.68M | $28.74M | $27.61M | $15.77M | $15.49M | $13.27M | $3.28M |
| Stockholders' Equity | $23.60M | $24.94M | ($6.30M) | ($6.30M) | ($5.22M) | ($3.88M) | $8.37M | $9.12M | $16.18M | $3.60M |
| Retained Earnings | ($212.11M) | ($208.78M) | ($205.80M) | ($204.65M) | ($203.65M) | ($202.39M) | ($190.15M) | ($187.57M) | ($178.76M) | ($184.33M) |
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 | ($1.79M) | - | - | - | ($818.6K) | - | - | - | ($3.75M) | - |
| Investing Cash Flow | - | - | - | - | - | - | - | - | $88.2K | - |
| Financing Cash Flow | $1.45M | - | - | - | $700.0K | - | - | - | $3.38M | - |
| 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 | -1606.3% | - | - | - | - | - | - | - | - | - |
| Operating margin | -9460.1% | - | - | - | - | - | - | - | - | - |
| EBITDA margin | -9460.1% | - | - | - | - | - | - | - | - | - |
| Net margin | -9510.3% | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | 1652.5% | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 6201.3% | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -7.6% | - | -0.9% | -1.2% | -1.5% | - | -3.0% | -10.2% | 6.1% | - |
| Return on equity | -15.4% | - | 18.3% | 15.9% | 24.1% | - | -30.8% | -96.6% | 34.4% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | -32.3% | - |
| Liquidity | ||||||||||
| Current ratio | 0.16 | 0.17 | 2.62 | 2.81 | 2.90 | 3.03 | 5.34 | 5.49 | 1.21 | 1.58 |
| Quick ratio | 0.16 | 0.17 | 2.62 | 2.81 | 2.90 | 3.03 | 5.34 | 5.49 | 1.21 | 1.58 |
| Cash ratio | 0.02 | 0.06 | 0.08 | 0.00 | 0.00 | 0.01 | 0.02 | 0.04 | 0.56 | 1.18 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | 0.40 | - |
| Debt / Assets | - | - | - | - | - | - | - | - | 0.07 | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | -45.9x | - | -1853.7x | -688.9x | -139.4x | - |
| Equity multiplier | 2.03 | 1.95 | -21.49 | -13.51 | -16.33 | -22.03 | 10.25 | 9.46 | 5.63 | 1.91 |
| Liabilities / Assets | 0.43 | 0.41 | 0.34 | 0.35 | 0.34 | 0.32 | 0.18 | 0.18 | 0.15 | 0.48 |
| Efficiency | ||||||||||
| Asset turnover | 0.00 | - | - | - | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 395d | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 2279d | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | 11.5x | - |
| P / B | 0.4x | - | - | - | - | - | 0.6x | 0.9x | 11.8x | - |
| P / S | 235.3x | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -340.0% | - | 50.6% | 81.4% | 91.1% | - | 44.9% | 18.1% | -127.1% | - |
| Net income growth (YoY) | -188.5% | - | 55.3% | 88.7% | - | - | 24.8% | -110.2% | - | - |
| EPS growth (YoY) | 2.4% | - | 57.6% | 94.6% | - | - | -284.8% | -512.7% | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | - | - | - | - | - | 155.2% | 934.1% | 496.6% | 31.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$36.3K totalGrid Ai Corp Segment$36.3K · 100.0%
Peer comparison
Same SIC group: Pharmaceutical Preparations
Comparing GridAI Technologies Corp. against the 5 most active filers in the same SIC group.