MOVE · Movano 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 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Revenue | $433.0K | $1.01M | - | - | - |
| Cost of Revenue | $2.27M | $3.01M | - | - | - |
| Gross Profit | ($1.84M) | ($1.99M) | - | - | - |
| R&D | $5.74M | $11.20M | $16.89M | $18.99M | $8.37M |
| SG&A | $7.92M | $11.03M | $12.80M | $11.47M | $2.73M |
| Total Operating Expenses | $15.94M | $25.23M | $29.69M | $30.46M | $11.11M |
| D&A | $149.0K | $166.0K | $158.0K | $147.0K | $13.0K |
| Operating Income | ($15.50M) | ($24.22M) | ($29.69M) | ($30.46M) | ($11.11M) |
| Interest Expense | $2.96M | - | - | $800.0K | $1.00M |
| Income Tax | - | - | - | - | - |
| Net Income | ($18.29M) | ($23.73M) | ($29.28M) | ($30.33M) | ($13.03M) |
| EPS - Basic | ($16.05) | ($29.01) | ($69.59) | ($101.62) | - |
| EPS - Diluted | ($16.05) | ($29.01) | ($69.59) | ($101.62) | - |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Cash & Equivalents | $2.83M | $7.90M | $6.12M | $10.76M | $17.68M |
| Accounts Receivable | - | - | - | - | - |
| Inventory | $1.77M | $2.05M | $1.11M | - | - |
| Accounts Payable | $3.48M | $2.02M | $3.12M | $557.0K | $311.0K |
| Current Assets | $4.99M | $10.39M | $8.52M | $11.65M | $35.06M |
| Total Assets | $5.60M | $11.32M | $9.42M | $13.24M | $36.27M |
| Current Liabilities | $8.81M | $3.44M | $5.90M | $4.98M | $3.22M |
| Long-term Debt | - | - | - | - | - |
| Total Liabilities | $9.07M | $3.96M | $5.97M | $5.33M | $3.54M |
| Stockholders' Equity | ($3.47M) | $7.36M | $3.45M | $7.92M | $32.73M |
| Retained Earnings | ($166.39M) | ($148.11M) | ($124.38M) | ($95.10M) | ($64.77M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | ($11.27M) | ($22.53M) | ($26.18M) | ($24.90M) | ($10.67M) |
| Investing Cash Flow | - | ($8.0K) | ($64.0K) | $15.72M | ($16.70M) |
| Financing Cash Flow | $6.19M | $24.32M | $21.60M | $2.26M | $12.09M |
| CapEx | - | $8.0K | $64.0K | $105.0K | $565.0K |
| Free Cash Flow | - | ($22.54M) | ($26.24M) | ($25.01M) | ($11.23M) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | -424.9% | -196.8% | - | - | - |
| Operating margin | -3580.4% | -2391.1% | - | - | - |
| EBITDA margin | -3546.0% | -2374.7% | - | - | - |
| Net margin | -4222.9% | -2342.3% | - | - | - |
| Free cash flow margin | - | -2225.2% | - | - | - |
| FCF / Net income | - | 0.95 | 0.90 | 0.82 | 0.86 |
| R&D / Revenue | 1325.6% | 1105.1% | - | - | - |
| SG&A / Revenue | 1829.8% | 1089.1% | - | - | - |
| Effective tax rate | - | - | - | - | - |
| Return on assets | -326.5% | -209.6% | -310.8% | -229.0% | -35.9% |
| Return on equity | 526.3% | -322.6% | -849.0% | -383.2% | -39.8% |
| Return on invested capital | - | - | - | - | - |
| Liquidity | |||||
| Current ratio | 0.57 | 3.02 | 1.44 | 2.34 | 10.89 |
| Quick ratio | 0.37 | 2.42 | 1.26 | 2.34 | 10.89 |
| Cash ratio | 0.32 | 2.29 | 1.04 | 2.16 | 5.49 |
| Leverage | |||||
| Debt / Equity | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - |
| Interest coverage | -5.2x | - | - | -38.1x | -11.1x |
| Equity multiplier | -1.61 | 1.54 | 2.73 | 1.67 | 1.11 |
| Liabilities / Assets | 1.62 | 0.35 | 0.63 | 0.40 | 0.10 |
| Efficiency | |||||
| Asset turnover | 0.08 | 0.09 | - | - | - |
| Inventory turnover | 1.29 | 1.47 | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days inventory outstanding | 284d | 248d | - | - | - |
| Days payable outstanding | 558d | 245d | - | - | - |
| Cash conversion cycle | - | - | - | - | - |
| Valuation | |||||
| P / E | - | - | - | - | - |
| P / B | - | 32.6x | 1155.4x | 598.7x | - |
| P / S | 11.9x | 236.4x | - | - | - |
| EV / EBITDA | - | - | - | - | - |
| Growth | |||||
| Revenue growth (YoY) | -57.3% | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - |
| Gross profit growth (YoY) | 7.7% | - | - | - | - |
| Operating income growth (YoY) | 36.0% | 18.4% | 2.5% | -174.3% | - |
| Net income growth (YoY) | 22.9% | 19.0% | 3.4% | -132.7% | - |
| EPS growth (YoY) | 44.7% | 58.3% | 31.5% | - | - |
| EPS CAGR (3y) | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - |
| FCF growth (YoY) | - | 14.1% | -4.9% | -122.7% | - |
| FCF CAGR (5y) | - | - | - | - | - |
| Book value growth (YoY) | - | 113.3% | -56.4% | -75.8% | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$433.0K totalSegment Reporting$433.0K · 100.0%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
-34.34
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
2/9
Weak
- ✗Net income positive
- ✗Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- ✗Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Services-Computer Processing & Data Preparation
Comparing Movano Inc. against the 5 most active filers in the same SIC group.