OSS · One Stop Systems, 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 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $32.22M | $54.69M | $60.90M | $72.42M | $61.98M | $51.90M |
| Cost of Revenue | $16.23M | $46.98M | $42.94M | $52.02M | $42.34M | $35.46M |
| Gross Profit | $15.98M | $7.72M | $17.95M | $20.40M | $19.64M | $16.43M |
| R&D | $5.44M | $4.10M | $4.33M | $4.74M | $4.03M | $4.32M |
| SG&A | $7.36M | $8.97M | $9.26M | $7.28M | $7.66M | $8.42M |
| Total Operating Expenses | $19.36M | $21.08M | $25.88M | $18.83M | $17.89M | $16.86M |
| D&A | $771.6K | $1.04M | $1.04M | $987.1K | $923.7K | $922.6K |
| Operating Income | ($3.38M) | ($13.36M) | ($7.92M) | $1.57M | $1.75M | ($424.3K) |
| Interest Expense | $2.5K | $74.1K | $117.8K | $162.4K | $527.1K | $550.8K |
| Income Tax | $11.3K | $726.5K | $927.1K | $4.42M | $605.7K | ($603.7K) |
| Net Income | $5.09M | ($13.63M) | ($6.72M) | ($2.23M) | $2.33M | ($6.5K) |
| EPS - Basic | $0.23 | ($0.65) | ($0.32) | ($0.11) | $0.13 | $0.00 |
| EPS - Diluted | $0.22 | ($0.65) | ($0.32) | ($0.11) | $0.12 | $0.00 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $31.17M | $6.79M | $4.05M | $3.11M | $5.10M | $6.32M |
| Accounts Receivable | $11.55M | $8.18M | $8.32M | $11.33M | $5.09M | $7.46M |
| Inventory | $5.42M | $13.18M | $21.69M | $20.78M | $12.28M | $9.65M |
| Accounts Payable | $1.72M | $2.07M | $1.20M | $4.59M | $2.06M | $976.4K |
| Current Assets | $50.82M | $32.20M | $42.44M | $45.84M | $37.59M | $24.08M |
| Total Assets | $52.82M | $36.93M | $48.27M | $56.36M | $51.59M | $39.13M |
| Current Liabilities | $5.57M | $8.20M | $6.87M | $11.10M | $9.63M | $7.81M |
| Long-term Debt | - | - | - | $409.3K | $3.73M | $2.04M |
| Total Liabilities | $6.82M | $9.76M | $8.68M | $12.04M | $9.63M | $9.84M |
| Stockholders' Equity | $46.01M | $27.17M | $39.58M | $44.32M | $41.96M | $29.29M |
| Retained Earnings | ($16.97M) | ($22.05M) | ($8.42M) | ($1.70M) | $571.0K | ($1.76M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($2.60M) | ($108.1K) | ($439.7K) | ($7.81M) | $5.62M | ($250.2K) |
| Investing Cash Flow | $4.33M | $4.19M | $1.52M | $3.91M | ($15.11M) | ($818.8K) |
| Financing Cash Flow | ($229.0K) | ($1.18M) | ($171.3K) | $1.95M | $8.43M | $2.11M |
| CapEx | $114.6K | $362.7K | $821.8K | $529.9K | $563.8K | $820.3K |
| Free Cash Flow | ($2.71M) | ($470.8K) | ($1.26M) | ($8.34M) | $5.06M | ($1.07M) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 49.6% | 14.1% | 29.5% | 28.2% | 31.7% | 31.7% |
| Operating margin | -10.5% | -24.4% | -13.0% | 2.2% | 2.8% | -0.8% |
| EBITDA margin | -8.1% | -22.5% | -11.3% | 3.5% | 4.3% | 1.0% |
| Net margin | 15.8% | -24.9% | -11.0% | -3.1% | 3.8% | -0.0% |
| Free cash flow margin | -8.4% | -0.9% | -2.1% | -11.5% | 8.2% | -2.1% |
| FCF / Net income | -0.53 | 0.03 | 0.19 | 3.74 | 2.17 | 163.59 |
| R&D / Revenue | 16.9% | 7.5% | 7.1% | 6.5% | 6.5% | 8.3% |
| SG&A / Revenue | 22.8% | 16.4% | 15.2% | 10.1% | 12.4% | 16.2% |
| Effective tax rate | 0.2% | - | - | 201.6% | 20.6% | - |
| Return on assets | 9.6% | -36.9% | -13.9% | -4.0% | 4.5% | -0.0% |
| Return on equity | 11.1% | -50.2% | -17.0% | -5.0% | 5.6% | -0.0% |
| Return on invested capital | - | - | - | 1.8% | 3.0% | -1.1% |
| Liquidity | ||||||
| Current ratio | 9.13 | 3.93 | 6.18 | 4.13 | 3.90 | 3.08 |
| Quick ratio | 8.16 | 2.32 | 3.02 | 2.26 | 2.63 | 1.85 |
| Cash ratio | 5.60 | 0.83 | 0.59 | 0.28 | 0.53 | 0.81 |
| Leverage | ||||||
| Debt / Equity | - | - | - | 0.01 | 0.09 | 0.07 |
| Debt / Assets | - | - | - | 0.01 | 0.07 | 0.05 |
| Debt / EBITDA | - | - | - | 0.16 | 1.40 | 4.10 |
| Interest coverage | -1339.3x | -180.2x | -67.3x | 9.7x | 3.3x | -0.8x |
| Equity multiplier | 1.15 | 1.36 | 1.22 | 1.27 | 1.23 | 1.34 |
| Liabilities / Assets | 0.13 | 0.26 | 0.18 | 0.21 | 0.19 | 0.25 |
| Efficiency | ||||||
| Asset turnover | 0.61 | 1.48 | 1.26 | 1.28 | 1.20 | 1.33 |
| Inventory turnover | 2.99 | 3.57 | 1.98 | 2.50 | 3.45 | 3.68 |
| Days sales outstanding | 131d | 55d | 50d | 57d | 30d | 52d |
| Days inventory outstanding | 122d | 102d | 184d | 146d | 106d | 99d |
| Days payable outstanding | 39d | 16d | 10d | 32d | 18d | 10d |
| Cash conversion cycle | 214d | 141d | 224d | 171d | 118d | 142d |
| Valuation | ||||||
| P / E | 32.6x | - | - | - | 41.3x | - |
| P / B | 3.6x | 2.6x | 1.1x | 1.3x | 2.3x | 2.3x |
| P / S | 5.2x | 1.3x | 0.7x | 0.8x | 1.6x | 1.3x |
| EV / EBITDA | - | - | - | 22.2x | 35.6x | 124.0x |
| Growth | ||||||
| Revenue growth (YoY) | -41.1% | -10.2% | -15.9% | 16.8% | 19.4% | 40.2% |
| Revenue CAGR (3y) | -23.7% | -4.1% | 5.5% | 25.1% | 31.1% | - |
| Revenue CAGR (5y) | -9.1% | 8.1% | 17.2% | - | - | - |
| Gross profit growth (YoY) | 107.1% | -57.0% | -12.0% | 3.9% | 19.5% | -15.3% |
| Operating income growth (YoY) | 74.7% | -68.6% | - | -10.2% | - | 45.5% |
| Net income growth (YoY) | - | -103.0% | -201.3% | - | - | 99.3% |
| EPS growth (YoY) | - | -103.1% | -190.9% | - | - | - |
| EPS CAGR (3y) | - | - | - | - | 128.9% | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | -475.7% | 62.7% | 84.9% | - | - | -9324.3% |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | 69.3% | -31.4% | -10.7% | 5.6% | 43.3% | 1.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$62.32M totalProduct$30.50M · 48.9%
Customized Computers And Flash Arrays$30.01M · 48.2%
Service$1.72M · 2.8%
Product Warranty$93.4K · 0.1%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
3.59
Safe
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
4/9
Neutral
- ✓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: Electronic Computers
Comparing ONE STOP SYSTEMS against the 5 most active filers in the same SIC group.