USBL · United States Basketball League 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 | $2.3K | - | $8.3K | $7.1K | $3.8K | - | $15.4K | $6.5K | $10.3K | - |
| Cost of Revenue | - | - | - | - | - | - | $17.4K | $7.5K | $10.7K | - |
| Gross Profit | ($12.0K) | - | ($8.6K) | $32.5K | ($8.8K) | - | ($15.9K) | ($3.3K) | ($7.7K) | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $37.3K | - | $37.7K | $14.8K | $21.6K | - | $34.3K | $9.7K | $54.3K | - |
| Total Operating Expenses | $107.6K | - | $112.3K | $125.1K | $96.6K | - | $95.2K | $275.9K | $98.4K | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | ($119.5K) | - | ($120.9K) | ($88.7K) | ($105.4K) | - | ($110.6K) | ($281.9K) | ($99.0K) | - |
| Interest Expense | $20.1K | - | $16.9K | $23.7K | $12.1K | - | $30.5K | $30.5K | $1.70M | - |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | ($139.7K) | - | ($137.9K) | ($105.9K) | $5.9K | - | ($77.2K) | ($312.4K) | ($115.1K) | - |
| EPS - Basic | $0.00 | - | $0.00 | $0.00 | $0.00 | - | $0.00 | $0.04 | ($0.04) | - |
| EPS - Diluted | $0.00 | - | $0.00 | $0.00 | $0.00 | - | $0.00 | ($0.04) | - | - |
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 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $866 | $984 | $843 | $101.7K | $161.5K | - | $14.8K | $14.4K | $2.5K | - |
| Inventory | $39.0K | $37.2K | $18.3K | $19.0K | $19.0K | $44.8K | $34.6K | $18.2K | $7.4K | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $59.0K | $53.6K | $73.1K | $144.0K | $180.5K | $64.4K | $307.5K | $89.8K | $208.4K | - |
| Total Assets | $75.0K | $54.6K | $74.1K | $145.0K | $181.5K | $65.4K | $73.0K | $90.8K | $209.4K | - |
| Current Liabilities | $1.22M | $1.13M | $1.05M | $987.1K | $917.7K | $821.8K | $501.3K | $606.8K | $524.9K | - |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $2.14M | $2.05M | $1.97M | $1.91M | $1.84M | $1.74M | $1.61M | $1.55M | $1.52M | - |
| Stockholders' Equity | ($2.06M) | ($2.00M) | ($1.90M) | ($1.76M) | ($1.66M) | ($1.68M) | ($1.14M) | ($994.4K) | ($1.31M) | - |
| Retained Earnings | ($3.42M) | ($3.28M) | ($3.18M) | ($3.04M) | ($2.94M) | ($2.94M) | ($2.49M) | ($2.72M) | ($2.58M) | - |
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 | ($56.2K) | - | - | - | ($100.4K) | - | - | - | ($122.0K) | - |
| Investing Cash Flow | - | - | - | - | - | - | - | - | - | - |
| Financing Cash Flow | $60.0K | - | - | - | ($37.8K) | - | - | - | ($3.0K) | - |
| 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 | -530.0% | - | -103.3% | 456.5% | -229.4% | - | -102.8% | -50.7% | -74.3% | - |
| Operating margin | -5289.8% | - | -1449.3% | -1245.6% | -2745.7% | - | -716.0% | -4333.4% | -961.6% | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | -6179.4% | - | -1652.0% | -1486.3% | 153.5% | - | -499.9% | -4801.3% | -1117.4% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 1650.1% | - | 451.6% | 208.3% | 562.9% | - | 222.0% | 149.6% | 527.3% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -186.2% | - | -186.2% | -73.0% | 3.2% | - | -105.7% | -344.0% | -55.0% | - |
| Return on equity | 6.8% | - | 7.3% | 6.0% | -0.4% | - | 6.8% | 31.4% | 8.8% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.05 | 0.05 | 0.07 | 0.15 | 0.20 | 0.08 | 0.61 | 0.15 | 0.40 | - |
| Quick ratio | 0.02 | 0.01 | 0.05 | 0.13 | 0.18 | 0.02 | 0.54 | 0.12 | 0.38 | - |
| Cash ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -5.9x | - | -7.1x | -3.8x | -8.7x | - | -3.6x | -9.3x | -0.1x | - |
| Equity multiplier | -0.04 | -0.03 | -0.04 | -0.08 | -0.11 | -0.04 | -0.06 | -0.09 | -0.16 | - |
| Liabilities / Assets | 28.49 | 37.64 | 26.65 | 13.15 | 10.12 | 26.62 | 22.04 | 17.07 | 7.26 | - |
| Efficiency | ||||||||||
| Asset turnover | 0.03 | - | 0.11 | 0.05 | 0.02 | - | 0.21 | 0.07 | 0.05 | - |
| Inventory turnover | - | - | - | - | - | - | 0.50 | 0.41 | 1.45 | - |
| Days sales outstanding | 140d | - | 37d | 5213d | 15360d | - | 350d | 807d | 89d | - |
| Days inventory outstanding | - | - | - | - | - | - | 726d | 887d | 251d | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -41.1% | - | -46.0% | 9.5% | -62.7% | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | -36.0% | - | 45.7% | - | -15.1% | - | - | - | - | - |
| Operating income growth (YoY) | -13.4% | - | -9.4% | 68.5% | -6.4% | - | 61.8% | -2665.7% | -157.9% | - |
| Net income growth (YoY) | - | - | -78.6% | 66.1% | - | - | 73.4% | -2964.3% | -199.7% | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -24.5% | -19.3% | -67.0% | -77.2% | -26.3% | - | - | - | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$203.7K totalProduct$117.4K · 57.6%
Service$71.4K · 35.1%
Power Usage Revenue$14.9K · 7.3%
Peer comparison
Same SIC group: Miscellaneous Electrical Machinery, Equipment & Supplies
Comparing UNITED STATES BASKETBALL LEAGUE INC against the 5 most active filers in the same SIC group.