BCHTD Financials
This page shows BCHTD (BCHTD) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Cost cutting narrowed losses, but short-term liabilities still fund a business running on a nearly flat $17.6M sales base.
Across FY2023-FY2025, sales were roughly unchanged while operating cash flow swung from$19.2M inflow to-$700K . With cash down to$2.2M against current liabilities of$10.7M , the company appears to have unwound a temporary cash windfall rather than built a repeatable cash engine; FY2025's improvement is therefore more about narrower losses than a rebuilt liquidity buffer.
FY2025's smaller loss came mainly from a cost reset, not renewed growth: gross margin improved to
The balance sheet still looks liquidity-constrained: cash of
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of BCHTD's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
BCHTD has an operating margin of -17.2%, meaning the company retains $-17 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is up from -41.1% the prior year.
BCHTD's revenue grew a modest 1.3% year-over-year to $17.6M. This slow but positive growth earns a score of 33/100.
BCHTD has elevated debt relative to equity (D/E of -6.39), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
BCHTD's current ratio of 0.47 is below the typical benchmark, resulting in a score of 4/100. This tight liquidity could limit financial flexibility if cash inflows slow.
While BCHTD generated -$700K in operating cash flow, capex of $29K consumed most of it, leaving -$729K in free cash flow. This results in a low score of 53/100, reflecting heavy capital investment rather than weak cash generation.
BCHTD passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, BCHTD generates $0.23 in operating cash flow (-$700K OCF vs -$3.0M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
BCHTD earns $-221.6 in operating income for every $1 of interest expense (-$3.0M vs $14K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
BCHTD generated $17.6M in revenue in fiscal year 2025. This represents an increase of 1.3% from the prior year.
BCHTD's EBITDA was -$2.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 62.4% from the prior year.
BCHTD reported -$3.0M in net income in fiscal year 2025. This represents an increase of 72.0% from the prior year.
BCHTD earned $-0.16 per diluted share (EPS) in fiscal year 2025. This represents an increase of 71.9% from the prior year.
Cash & Balance Sheet
BCHTD generated -$729K in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 85.2% from the prior year.
BCHTD held $2.2M in cash against $0 in long-term debt as of fiscal year 2025.
BCHTD had 19M shares outstanding in fiscal year 2025. This represents an increase of 1.1% from the prior year.
Margins & Returns
BCHTD's gross margin was 42.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 1.2 percentage points from the prior year.
BCHTD's operating margin was -17.2% in fiscal year 2025, reflecting core business profitability. This is up 23.9 percentage points from the prior year.
BCHTD's net profit margin was -17.2% in fiscal year 2025, showing the share of revenue converted to profit. This is up 44.9 percentage points from the prior year.
Capital Allocation
BCHTD invested $1.8M in research and development in fiscal year 2025.
BCHTD invested $29K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 96.4% from the prior year.
BCHTD Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.2M+11.9% | $3.8M-48.5% | $7.4M+126.2% | $3.3M+1.0% | $3.2M-42.1% | $5.6M+6.3% | $5.2M+55.8% | $3.4M |
| Cost of Revenue | $2.9M+8.9% | $2.6M-21.2% | $3.3M+45.7% | $2.3M+15.1% | $2.0M-11.7% | $2.2M-38.3% | $3.6M+58.3% | $2.3M |
| Gross Profit | $1.4M+18.5% | $1.2M-71.1% | $4.0M+316.5% | $968K-21.6% | $1.2M-62.8% | $3.3M+108.0% | $1.6M+50.4% | $1.1M |
| R&D Expenses | $551K+17.2% | $470K-0.8% | $473K+3.9% | $455K+12.0% | $407K | $0 | $0 | $0 |
| SG&A Expenses | $2.0M+1.1% | $2.0M-28.7% | $2.7M+61.8% | $1.7M-21.8% | $2.2M-35.3% | $3.4M+24.1% | $2.7M-41.7% | $4.6M |
| Operating Income | -$1.1M+12.5% | -$1.3M-261.9% | $811K+168.4% | -$1.2M+11.7% | -$1.3M-1603.5% | -$79K+92.9% | -$1.1M+69.0% | -$3.6M |
| Interest Expense | $0-100.0% | $14K | $0 | $0-100.0% | $54-99.4% | $8K+15.1% | $7K+26.5% | $6K |
| Income Tax | $357-99.3% | $55K+8624.5% | $629+53.8% | $409-97.1% | $14K+200.7% | $5K+101.6% | -$294K-85129.8% | $346 |
| Net Income | -$1.3M-126.9% | -$593K-175.2% | $788K+151.1% | -$1.5M+8.2% | -$1.7M-25.1% | -$1.3M-193.5% | -$458K+92.6% | -$6.1M |
| EPS (Diluted) | $-0.06 | N/A | $0.01+150.0% | $-0.02+77.8% | $-0.09 | N/A | $0.00+100.0% | $-0.07 |
BCHTD Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $21.4M+131.6% | $9.2M-8.9% | $10.1M+18.2% | $8.6M-7.8% | $9.3M-9.4% | $10.3M-12.0% | $11.7M-21.0% | $14.7M |
| Current Assets | $17.7M+254.7% | $5.0M-17.0% | $6.0M+31.8% | $4.6M-12.1% | $5.2M-14.8% | $6.1M-19.6% | $7.6M-33.0% | $11.3M |
| Cash & Equivalents | $14.7M+556.8% | $2.2M+27.0% | $1.8M+21.6% | $1.5M-54.4% | $3.2M-7.8% | $3.5M-21.3% | $4.4M-47.9% | $8.4M |
| Inventory | $594K+32.6% | $448K-10.1% | $498K-40.0% | $831K+40.3% | $592K-4.8% | $622K-29.9% | $886K-8.1% | $965K |
| Accounts Receivable | $2.2M+6.7% | $2.1M-42.2% | $3.6M+68.1% | $2.2M+69.0% | $1.3M-29.9% | $1.8M-5.6% | $1.9M+8.2% | $1.8M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $10.2M-6.6% | $11.0M-2.9% | $11.3M+7.2% | $10.5M+8.2% | $9.7M+7.3% | $9.1M-6.9% | $9.7M-22.2% | $12.5M |
| Current Liabilities | $10.0M-6.6% | $10.7M-2.8% | $11.1M+7.5% | $10.3M+8.5% | $9.5M+7.6% | $8.8M+120.9% | $4.0M-38.6% | $6.5M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $11.2M+751.3% | -$1.7M-50.2% | -$1.1M+41.4% | -$1.9M-356.7% | -$427K-135.8% | $1.2M-52.1% | $2.5M-11.0% | $2.8M |
| Retained Earnings | -$77.1M-1.8% | -$75.8M-0.8% | -$75.2M+1.0% | -$76.0M-2.1% | -$74.4M-2.3% | -$72.8M-1.1% | -$72.0M-0.7% | -$71.5M |
BCHTD Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$2.2M-328.8% | $964K+200.2% | $321K+118.6% | -$1.7M-580.8% | -$254K+69.4% | -$830K-445.7% | -$152K+94.3% | -$2.7M |
| Capital Expenditures | $0-100.0% | $6K-17.2% | $7K+237.4% | $2K-85.1% | $14K-86.8% | $107K-83.1% | $636K+859.3% | $66K |
| Free Cash Flow | -$2.2M-330.3% | $958K+205.1% | $314K+118.1% | -$1.7M-545.7% | -$268K+71.4% | -$938K-19.0% | -$788K+71.3% | -$2.7M |
| Investing Cash Flow | $0+100.0% | -$6K+17.2% | -$7K-237.4% | -$2K+85.1% | -$14K+86.8% | -$107K+83.1% | -$636K-859.3% | -$66K |
| Financing Cash Flow | $14.7M+3156.6% | -$481K | $0 | $0 | $0 | $0+100.0% | -$3.3M | $0 |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
BCHTD Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 32.6%+1.8pp | 30.8%-24.0pp | 54.8%+25.0pp | 29.8%-8.6pp | 38.3%-21.3pp | 59.6%+29.1pp | 30.4%-1.1pp | 31.6% |
| Operating Margin | -27.1%+7.5pp | -34.6%-45.6pp | 11.0%+47.4pp | -36.4%+5.3pp | -41.7%-40.3pp | -1.4%+19.7pp | -21.1%+85.2pp | -106.3% |
| Net Margin | -31.7%-16.1pp | -15.7%-26.4pp | 10.7%+58.1pp | -47.4%+4.7pp | -52.1%-28.0pp | -24.1%-15.4pp | -8.7%+174.1pp | -182.9% |
| Return on Equity | -12.0% | N/A | N/A | N/A | N/A | -112.7%-94.3pp | -18.4%+201.7pp | -220.1% |
| Return on Assets | -6.3%+0.1pp | -6.4%-14.2pp | 7.8%+25.8pp | -18.0%+0.1pp | -18.1%-5.0pp | -13.1%-9.2pp | -3.9%+37.7pp | -41.7% |
| Current Ratio | 1.77+1.3 | 0.47-0.1 | 0.55+0.1 | 0.44-0.1 | 0.55-0.1 | 0.69-1.2 | 1.90+0.2 | 1.74 |
| Debt-to-Equity | 0.92+7.3 | -6.39+3.5 | -9.88-4.5 | -5.40+17.4 | -22.79-30.4 | 7.61+3.7 | 3.92-0.6 | 4.48 |
| FCF Margin | -52.0%-77.3pp | 25.3%+21.0pp | 4.3%+57.6pp | -53.3%-44.9pp | -8.3%+8.5pp | -16.9%-1.8pp | -15.0%+66.8pp | -81.8% |
Note: Shareholder equity is negative (-$1.7M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.47), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Frequently Asked Questions
What is BCHTD's annual revenue?
BCHTD (BCHTD) reported $17.6M in total revenue for fiscal year 2025. This represents a 1.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is BCHTD's revenue growing?
BCHTD (BCHTD) revenue grew by 1.3% year-over-year, from $17.4M to $17.6M in fiscal year 2025.
Is BCHTD profitable?
No, BCHTD (BCHTD) reported a net income of -$3.0M in fiscal year 2025, with a net profit margin of -17.2%.
What is BCHTD's EBITDA?
BCHTD (BCHTD) had EBITDA of -$2.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is BCHTD's gross margin?
BCHTD (BCHTD) had a gross margin of 42.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is BCHTD's operating margin?
BCHTD (BCHTD) had an operating margin of -17.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is BCHTD's net profit margin?
BCHTD (BCHTD) had a net profit margin of -17.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is BCHTD's free cash flow?
BCHTD (BCHTD) generated -$729K in free cash flow during fiscal year 2025. This represents a 85.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is BCHTD's operating cash flow?
BCHTD (BCHTD) generated -$700K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are BCHTD's total assets?
BCHTD (BCHTD) had $9.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What are BCHTD's capital expenditures?
BCHTD (BCHTD) invested $29K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does BCHTD spend on research and development?
BCHTD (BCHTD) invested $1.8M in research and development during fiscal year 2025.
What is BCHTD's current ratio?
BCHTD (BCHTD) had a current ratio of 0.47 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is BCHTD's debt-to-equity ratio?
BCHTD (BCHTD) had a debt-to-equity ratio of -6.39 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is BCHTD's return on assets (ROA)?
BCHTD (BCHTD) had a return on assets of -32.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is BCHTD's cash runway?
Based on fiscal year 2025 data, BCHTD (BCHTD) had $2.2M in cash against an annual operating cash burn of $700K. This gives an estimated cash runway of approximately 38 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is BCHTD's debt-to-equity ratio negative or unusual?
BCHTD (BCHTD) has negative shareholder equity of -$1.7M as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is BCHTD's Piotroski F-Score?
BCHTD (BCHTD) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are BCHTD's earnings high quality?
BCHTD (BCHTD) has an earnings quality ratio of 0.23x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can BCHTD cover its interest payments?
BCHTD (BCHTD) has an interest coverage ratio of -221.6x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is BCHTD?
BCHTD (BCHTD) scores 32 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.