Beliss Financials

BLIS

Source SEC Filings (10-K/10-Q) Updated Oct 31, 2025 Currency USD FYE April

This page shows Beliss (BLIS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 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).

Financial Health Signals

Piotroski F-Score Weak

1/9

Beliss passes 1 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).

Earnings Quality Low Quality

0.24x

For every $1 of reported earnings, Beliss generates $0.24 in operating cash flow (-$797K OCF vs -$3.4M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-35.2x

Beliss earns $-35.2 in operating income for every $1 of interest expense (-$2.5M vs $71K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Revenue

N/A

EBITDA

-$2.5M

YoY-576.6%

Beliss's EBITDA was -$2.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 576.6% from the prior year.

Free Cash Flow

N/A

Net Income

-$3.4M

YoY-374.3%

Beliss reported -$3.4M in net income in fiscal year 2025. This represents a decrease of 374.3% from the prior year.

EPS (Diluted)

N/A

Cash & Debt

$25K

YoY+265.2%

5Y CAGR-24.3%

Beliss held $25K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

271M

YoY+45.5%

Beliss had 271M shares outstanding in fiscal year 2025. This represents an increase of 45.5% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

R&D Spending

$16K

5Y CAGR-33.5%

Beliss invested $16K in research and development in fiscal year 2025.

Share Buybacks

N/A

Capital Expenditures

N/A

BLIS Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	N/A	N/A	$85K	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	$85K	N/A	N/A	N/A
R&D Expenses	$16K	N/A	$8K+4.4%	$8K-60.0%	$20K-83.3%	$120K
SG&A Expenses	$1.8M+1842.2%	$94K+17.9%	$80K-28.9%	$113K+168.2%	$42K-25.5%	$56K
Operating Income	-$2.5M-547.1%	-$384K+17.2%	-$464K+29.6%	-$659K-9.1%	-$604K-2.0%	-$592K
Interest Expense	$71K-44.9%	$128K-73.1%	$477K-38.4%	$775K	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$3.4M-374.3%	-$712K+24.3%	-$941K+54.5%	-$2.1M-254.5%	-$584K+1.4%	-$592K
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'26	Q3'25	Q1'26	Q1'24	Q1'25	Q1'23	Q3'24	Q1'22
Revenue	N/A	N/A	$67K	N/A	$0	N/A	N/A	N/A
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	$67K	N/A	N/A	N/A	N/A	N/A
R&D Expenses	$6K+1.9%	$6K+46.5%	$4K	N/A	$0	N/A	N/A	N/A
SG&A Expenses	$536K+648.2%	$72K-47.9%	$137K	N/A	$26K	N/A	$4K	N/A
Operating Income	-$701K-170.1%	-$259K-4.8%	-$248K	N/A	-$244K	N/A	-$15K	N/A
Interest Expense	$40K+69.7%	$24K+32.8%	$18K	N/A	-$15K	N/A	-$819	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$897K-40.4%	-$639K-46.7%	-$436K	N/A	-$258K	N/A	-$14K	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

BLIS Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$137K-95.7%	$3.2M+1907.1%	$158K+570.1%	$24K-97.5%	$923K+5.9%	$871K
Current Assets	$28K-75.2%	$112K	N/A	$5K-98.1%	$243K+144.8%	$99K
Cash & Equivalents	$25K+265.2%	$7K	N/A	$5K-98.1%	$243K+144.8%	$99K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	$67K	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.6M-28.7%	$2.2M+117.3%	$1.0M+2.9%	$993K+259.7%	$276K+145.7%	$112K
Current Liabilities	$1.5M+40.2%	$1.1M+5.7%	$1.0M+2.9%	$993K+259.7%	$276K+145.7%	$112K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$1.4M-253.1%	$944K+209.3%	-$864K+10.9%	-$969K-249.9%	$647K-14.8%	$759K
Retained Earnings	-$9.1M-68.7%	-$5.4M-19.6%	-$4.5M-30.2%	-$3.5M-98.5%	-$1.8M-99.0%	-$882K

Metric	Q2'26	Q3'25	Q1'26	Q1'24	Q1'25	Q1'23	Q3'24	Q1'22
Total Assets	$140K-91.4%	$1.6M-48.4%	$3.2M+74.4%	$1.8M+1050.9%	$158K-57.3%	$369K+2095.3%	$17K-78.9%	$80K
Current Assets	$49K+213.1%	$16K-85.9%	$112K+104.2%	$55K	N/A	$207K+15537.1%	$1K-97.2%	$47K
Cash & Equivalents	$27K+75.3%	$16K+132.8%	$7K	N/A	N/A	$207K+15537.1%	$1K-97.2%	$47K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	$67K	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	$1.9M+79.4%	$1.1M-52.7%	$2.2M+112.4%	$1.0M+2.3%	$1.0M-12.5%	$1.2M+16.9%	$999K+5.1%	$951K
Current Liabilities	$1.8M+73.6%	$1.1M-2.7%	$1.1M+3.3%	$1.0M+2.3%	$1.0M-12.5%	$1.2M+16.9%	$999K+5.1%	$951K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$1.7M-400.5%	$581K-38.5%	$944K+22.8%	$769K+189.1%	-$864K-8.1%	-$799K+18.6%	-$982K-12.8%	-$871K
Retained Earnings	-$10.0M-54.2%	-$6.5M-20.2%	-$5.4M-8.7%	-$5.0M-10.0%	-$4.5M-6.0%	-$4.3M-15.6%	-$3.7M-10.9%	-$3.3M

BLIS Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$797K-134.0%	-$341K+19.6%	-$424K+30.9%	-$614K-66.4%	-$369K+17.1%	-$445K
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	$60K
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	-$505K
Investing Cash Flow	N/A	N/A	-$148K	N/A	N/A	-$60K
Financing Cash Flow	$809K+503.7%	$134K-81.7%	$732K+58.1%	$463K-17.3%	$560K+9.4%	$512K
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	Q3'25	Q1'26	Q1'24	Q1'25	Q1'23	Q3'24	Q1'22
Operating Cash Flow	-$194K+29.8%	-$277K-69.3%	-$164K-515.0%	$39K+119.1%	-$207K-29.2%	-$160K-508.1%	-$26K-9.4%	-$24K
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	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	$197K-29.5%	$280K+64.2%	$170K+532.1%	-$39K	N/A	$515K+1960.0%	$25K-50.0%	$50K
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

BLIS Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	100.0%	N/A	N/A	N/A
Operating Margin	N/A	N/A	-545.9%	N/A	N/A	N/A
Net Margin	N/A	N/A	-1107.2%	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-2466.7%-2444.2pp	-22.5%+574.5pp	-597.0%+8200.0pp	-8796.9%-8733.7pp	-63.3%+4.7pp	-68.0%
Current Ratio	0.02-0.1	0.10	N/A	0.00-0.9	0.880.0	0.88
Debt-to-Equity	-1.09-3.4	2.35+3.5	-1.18-0.2	-1.02-1.5	0.43+0.3	0.15
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'26	Q3'25	Q1'26	Q1'24	Q1'25	Q1'23	Q3'24	Q1'22
Gross Margin	N/A	N/A	100.0%	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	-366.8%	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	-646.0%	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	N/A
Return on Assets	-639.1%-599.9pp	-39.2%-25.4pp	-13.8%	N/A	-164.0%	N/A	-83.1%	N/A
Current Ratio	0.03+0.0	0.01-0.1	0.10+0.1	0.05	N/A	0.18+0.2	0.00-0.0	0.05
Debt-to-Equity	-1.08-2.9	1.81-0.5	2.35+1.0	1.36+2.5	-1.18+0.3	-1.46-0.4	-1.02+0.1	-1.09
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$1.4M), 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 (0.02), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

Is Beliss profitable?

No, Beliss (BLIS) reported a net income of -$3.4M in fiscal year 2025.

What is Beliss's EBITDA?

Beliss (BLIS) had EBITDA of -$2.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Beliss's operating cash flow?

Beliss (BLIS) generated -$797K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Beliss's total assets?

Beliss (BLIS) had $137K in total assets as of fiscal year 2025, including both current and long-term assets.

How much does Beliss spend on research and development?

Beliss (BLIS) invested $16K in research and development during fiscal year 2025.

How many shares does Beliss have outstanding?

Beliss (BLIS) had 271M shares outstanding as of fiscal year 2025.

What is Beliss's current ratio?

Beliss (BLIS) had a current ratio of 0.02 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Beliss's debt-to-equity ratio?

Beliss (BLIS) had a debt-to-equity ratio of -1.09 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Beliss's return on assets (ROA)?

Beliss (BLIS) had a return on assets of -2466.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Beliss's cash runway?

Based on fiscal year 2025 data, Beliss (BLIS) had $25K in cash against an annual operating cash burn of $797K. This gives an estimated cash runway of approximately 0 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 Beliss's debt-to-equity ratio negative or unusual?

Beliss (BLIS) has negative shareholder equity of -$1.4M 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 Beliss's Piotroski F-Score?

Beliss (BLIS) has a Piotroski F-Score of 1 out of 9, indicating weak 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Beliss's earnings high quality?

Beliss (BLIS) has an earnings quality ratio of 0.24x, 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 Beliss cover its interest payments?

Beliss (BLIS) has an interest coverage ratio of -35.2x, 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.