STI · Solidion Technology 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 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $85.4K | - | $9.3K | $4.0K | - | - | $1.3K | - | $300 | - |
| Cost of Revenue | $1.7K | - | $4.3K | $2.3K | - | - | - | - | - | - |
| Gross Profit | $83.7K | - | $5.0K | $1.7K | - | - | $1.3K | - | $300 | - |
| R&D | $402.4K | - | $523.6K | $399.5K | $1.35M | - | $872.0K | $400.7K | $729.1K | - |
| SG&A | $1.46M | - | $1.22M | $1.39M | $1.78M | - | $3.73M | $351.3K | $3.03M | $492.3K |
| Total Operating Expenses | $1.86M | - | $1.75M | $1.79M | $3.13M | - | $4.19M | $2.93M | $3.76M | $522.3K |
| D&A | $67.4K | - | $47.6K | $47.6K | $69.9K | - | $51.7K | - | $94.4K | - |
| Operating Income | ($1.77M) | - | ($1.74M) | ($1.79M) | ($3.13M) | - | ($4.19M) | ($1.03M) | ($3.76M) | $25.4K |
| Interest Expense | $147.2K | - | $112.4K | $112.5K | $106.4K | - | $22.9K | $19.2K | $3.7K | - |
| Income Tax | - | - | - | - | - | - | $0 | $0 | $0 | $113.2K |
| Net Income | ($1.43M) | - | ($4.09M) | $146.8K | $9.19M | - | ($6.64M) | $22.02M | ($29.77M) | ($87.8K) |
| EPS - Basic | ($0.18) | - | ($1.33) | $0.05 | $3.06 | - | ($3.50) | ($0.50) | ($19.00) | - |
| EPS - Diluted | ($0.18) | - | ($1.33) | $0.05 | $3.04 | - | - | ($0.50) | ($19.00) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $38.9K | $204.7K | $160.5K | $114.7K | $1.17M | $3.35M | $1.19M | $256.5K | $780 | $1.6K |
| Accounts Receivable | $15.6K | $5.1K | $5.6K | $5.1K | $999 | $999 | $999 | $999 | $2.2K | - |
| Inventory | $24.4K | $24.4K | $24.4K | $24.4K | $24.4K | $24.4K | $24.4K | $24.4K | $22.7K | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $1.36M | $783.2K | $1.01M | $1.22M | $2.61M | $3.89M | $2.04M | $1.63M | $3.51M | $111.4K |
| Total Assets | $5.33M | $4.80M | $5.09M | $5.34M | $6.65M | $7.96M | $6.10M | $6.54M | $4.43M | $42.61M |
| Current Liabilities | - | - | - | $19.43M | - | - | - | - | - | $4.28M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $13.60M | $11.98M | $22.49M | $17.17M | $18.84M | $30.86M | $24.89M | $24.70M | $1.02M | $8.60M |
| Stockholders' Equity | ($8.27M) | ($7.19M) | ($17.41M) | ($11.83M) | ($12.18M) | ($22.90M) | ($18.79M) | ($18.16M) | $3.41M | ($8.45M) |
| Retained Earnings | ($164.80M) | ($163.37M) | ($112.89M) | ($106.54M) | ($106.69M) | ($115.88M) | ($104.34M) | ($97.70M) | ($119.72M) | ($8.45M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($141.9K) | - | - | - | ($2.34M) | - | - | - | ($2.04M) | - |
| Investing Cash Flow | ($24.0K) | - | - | - | ($40.2K) | - | - | - | ($91.3K) | - |
| Financing Cash Flow | - | - | - | - | $198.9K | - | - | - | $3.95M | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 98.0% | - | 53.8% | 41.8% | - | - | 100.0% | - | 100.0% | - |
| Operating margin | -2077.0% | - | -18640.6% | -44678.1% | - | - | -318859.8% | - | -1253112.0% | - |
| EBITDA margin | -1998.1% | - | -18131.8% | -43488.7% | - | - | -314926.4% | - | -1221648.0% | - |
| Net margin | -1674.7% | - | -43766.3% | 3669.8% | - | - | -504690.4% | - | -9922087.7% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | 471.0% | - | 5599.7% | 9988.5% | - | - | 66314.7% | - | 243038.0% | - |
| SG&A / Revenue | 1704.0% | - | 13094.8% | 34731.4% | - | - | 283893.6% | - | 1010074.0% | - |
| Effective tax rate | - | - | - | - | - | - | - | 0.0% | - | 445.6% |
| Return on assets | -26.9% | - | -80.5% | 2.8% | 138.2% | - | -108.8% | 336.7% | -671.9% | -0.2% |
| Return on equity | 17.3% | - | 23.5% | -1.2% | -75.5% | - | 35.3% | -121.2% | -872.3% | 1.0% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | 0.06 | - | - | - | - | - | 0.03 |
| Quick ratio | - | - | - | 0.06 | - | - | - | - | - | 0.03 |
| Cash ratio | - | - | - | 0.01 | - | - | - | - | - | 0.00 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -12.1x | - | -15.5x | -15.9x | -29.4x | - | -183.0x | -53.8x | -1005.4x | - |
| Equity multiplier | -0.64 | -0.67 | -0.29 | -0.45 | -0.55 | -0.35 | -0.32 | -0.36 | 1.30 | -5.04 |
| Liabilities / Assets | 2.55 | 2.50 | 4.42 | 3.22 | 2.83 | 3.88 | 4.08 | 3.78 | 0.23 | 0.20 |
| Efficiency | ||||||||||
| Asset turnover | 0.02 | - | 0.00 | 0.00 | - | - | 0.00 | - | 0.00 | - |
| Inventory turnover | 0.07 | - | 0.18 | 0.10 | - | - | - | - | - | - |
| Days sales outstanding | 67d | - | 217d | 466d | - | - | 277d | - | 2633d | - |
| Days inventory outstanding | 5258d | - | 2064d | 3832d | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | 78.8x | 2.0x | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | 3150.9x | - |
| P / S | 575.1x | - | 1020.4x | 3149.4x | - | - | - | - | 35840941.6x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | 611.0% | - | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | 282.4% | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 43.4% | - | 58.4% | -73.0% | 16.7% | - | - | - | - | -88.5% |
| Net income growth (YoY) | - | - | 38.3% | -99.3% | - | - | -7462.4% | 3438.7% | - | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 32.1% | 68.6% | 7.3% | 34.8% | - | - | -122.3% | -138.8% | - | -127.8% |
Peer comparison
Same SIC group: Miscellaneous Electrical Machinery, Equipment & Supplies
Comparing Solidion Technology Inc. against the 5 most active filers in the same SIC group.