Blackwell 3D Construction Financials

BDCC

Source SEC Filings (10-K/10-Q) Data as of Nov 30, 2025 Currency USD FYE May

This page shows Blackwell 3D Construction (BDCC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 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).

Rhea AI BDCC FY2025 2026-04-22

BDCC’s reported story is balance-sheet survival: liabilities and share-count shifts matter more than a visible operating business.

From FY2022 to FY2025, total liabilities rose from $378K to $868K while the company still reported only token assets. Cash coverage improved from just $317 to $1.9K, so the filings show obligations expanding far faster than the liquid resources available to meet them.

Retained losses reached -$12.2M by FY2025, which makes the negative equity position look accumulated rather than temporary. Share-count resets were also a core mechanic, with shares rising from 9.9M in FY2022 to 55.2M in FY2024 before a later reduction, indicating recapitalization mattered more than building assets.

Some figures from recent filings were inconsistent and were omitted from this summary.

Financial Health Signals

Financial health score pending refresh

We are recalculating Blackwell 3D Construction's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Key Financial Metrics

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Earnings & Revenue

Revenue

Blackwell 3D Construction generated $0 in revenue in fiscal year 2025.

EBITDA

N/A

Net Income

N/A

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$2K

5Y CAGR+121.9%

10Y CAGR-19.1%

Blackwell 3D Construction held $2K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

38M

YoY-31.2%

Blackwell 3D Construction had 38M shares outstanding in fiscal year 2025. This represents a decrease of 31.2% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

BDCC Income Statement

Metric	FY25	FY24	FY22	FY21	FY20	FY19
Revenue	$0	$0	$0	$0	$0	$0
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	$18K+2136.4%	$788	$0-100.0%	$33	N/A
Operating Income	N/A	-$740K	N/A	$0+100.0%	-$51K	N/A
Interest Expense	N/A	$13K	N/A	$17K-40.0%	$28K	N/A
Income Tax	$0	$0	N/A	$0	$0	$0
Net Income	N/A	-$1.6M	N/A	-$16K+78.7%	-$74K	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	$0	$0	N/A	$0	$0	$0	N/A	$0
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	$9K-86.2%	$63K	N/A	$0
Operating Income	N/A	N/A	N/A	N/A	-$751K+13.8%	-$871K	N/A	-$8K
Interest Expense	N/A	N/A	N/A	N/A	$17K+499.4%	$3K	N/A	$3K
Income Tax	$0	$0	N/A	$0	$0	$0	N/A	$0
Net Income	N/A	N/A	N/A	N/A	-$768K+12.0%	-$873K	N/A	-$4K
EPS (Diluted)	$0.00	N/A	N/A	N/A	$-0.02	N/A	N/A	N/A

BDCC Balance Sheet

Metric	FY25	FY24	FY22	FY21	FY20	FY19
Total Assets	$2K	$0-100.0%	$317	$0	$0-100.0%	$35
Current Assets	$2K	$0-100.0%	$317	$0	$0-100.0%	$35
Cash & Equivalents	$2K	$0-100.0%	$317	$0-100.0%	$32-8.6%	$35
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$868K+74.8%	$497K+31.4%	$378K-20.5%	$475K+3.4%	$459K+19.3%	$385K
Current Liabilities	$868K+74.8%	$497K+31.4%	$378K-20.5%	$475K+3.4%	$459K+19.3%	$385K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$866K-74.5%	-$497K-31.5%	-$378K+20.5%	-$475K-3.4%	-$459K-19.3%	-$385K
Retained Earnings	-$12.2M-31.8%	-$9.2M-284.9%	-$2.4M-0.2%	-$2.4M-0.7%	-$2.4M-3.2%	-$2.3M

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$1-99.9%	$2K-14.5%	$2K+29.5%	$1K	N/A	N/A	$0	N/A
Current Assets	$1-99.9%	$2K-14.5%	$2K+29.5%	$1K	N/A	N/A	$0	N/A
Cash & Equivalents	$1-99.9%	$2K-14.5%	$2K+29.5%	$1K+862.3%	$151-89.9%	$1K	$0	$0
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$950K+5.2%	$903K+4.0%	$868K+7.9%	$804K	N/A	N/A	$497K	N/A
Current Liabilities	$950K+5.2%	$903K+4.0%	$868K+7.9%	$804K	N/A	N/A	$497K	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$950K-5.3%	-$902K-4.1%	-$866K-7.9%	-$803K-18.4%	-$678K-10.5%	-$614K-23.6%	-$497K-474.5%	$133K
Retained Earnings	-$12.3M-0.4%	-$12.2M-0.3%	-$12.2M-3.9%	-$11.7M	N/A	N/A	-$9.2M	N/A

BDCC Cash Flow Statement

Metric	FY25	FY24	FY22	FY21	FY20	FY19
Operating Cash Flow	N/A	-$77K	N/A	$0+100.0%	-$35	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	$0	$0	$0	$0	$0	$0
Financing Cash Flow	N/A	$77K	N/A	$0	$0	N/A
Dividends Paid	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

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	N/A	N/A	N/A	N/A	-$59K+66.0%	-$173K-613.7%	-$24K	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	$0	$0	$0	$0	$0	$0	$0	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	$58K-67.1%	$175K+619.9%	$24K	N/A
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

BDCC Financial Ratios

Metric	FY25	FY24	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	0.000.0	0.000.0	0.000.0	0.000.0	0.000.0	0.00
Debt-to-Equity	N/A	N/A	N/A	N/A	N/A	N/A
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-3.2%
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	0.000.0	0.000.0	0.000.0	0.00	N/A	N/A	0.00	N/A
Debt-to-Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$866K), 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 (0.00), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is Blackwell 3D Construction's annual revenue?

Blackwell 3D Construction (BDCC) reported $0 in total revenue for fiscal year 2025. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

What are Blackwell 3D Construction's total assets?

Blackwell 3D Construction (BDCC) had $2K in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Blackwell 3D Construction have outstanding?

Blackwell 3D Construction (BDCC) had 38M shares outstanding as of fiscal year 2025.

What is Blackwell 3D Construction's current ratio?

Blackwell 3D Construction (BDCC) had a current ratio of 0.00 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

Why is Blackwell 3D Construction's debt-to-equity ratio negative or not reported?

Blackwell 3D Construction (BDCC) has negative shareholder equity of -$866K as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. 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.