Balance Labs Inc Financials
This page shows Balance Labs Inc (BLNC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 10 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
Balance Labs Inc passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass.
For every $1 of reported earnings, Balance Labs Inc generates $0.30 in operating cash flow (-$157K OCF vs -$528K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Balance Labs Inc earns $-1.2 in operating income for every $1 of interest expense (-$271K vs $231K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Balance Labs Inc's EBITDA was -$271K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 133.3% from the prior year.
Balance Labs Inc reported -$528K in net income in fiscal year 2024. This represents a decrease of 38.4% from the prior year.
Balance Labs Inc earned $-0.02 per diluted share (EPS) in fiscal year 2024. This represents an increase of 0.0% from the prior year.
Balance Labs Inc held $13K in cash against $0 in long-term debt as of fiscal year 2024.
Balance Labs Inc had 22M shares outstanding in fiscal year 2024. This represents an increase of 0.0% from the prior year.
BLNC Income Statement
| Metric | Q3'25 | Q3'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $47K | N/A | N/A | N/A | N/A | N/A | $3K | 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 | 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 | $4K-26.1% | $6K+37.1% | $4K | N/A | $5K+43.3% | $3K-21.3% | $4K | N/A |
| Operating Income | -$211K-166.4% | -$79K-0.5% | -$79K | N/A | -$84K-44.6% | -$58K+11.9% | -$66K | N/A |
| Interest Expense | $61K+7.7% | $57K-0.4% | $57K | N/A | $61K+7.9% | $57K0.0% | $57K | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$3.6M-2359.7% | -$146K-2181.3% | -$6K | N/A | -$193K-91.5% | -$101K+13.9% | -$117K | N/A |
| EPS (Diluted) | $-0.16-1500.0% | $-0.01 | $0.00 | N/A | $-0.01 | $0.00 | $0.00 | N/A |
BLNC Balance Sheet
| Metric | Q3'25 | Q3'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $53K-31.2% | $77K-11.2% | $87K-9.0% | $96K-13.4% | $110K-35.7% | $171K-9.4% | $189K-14.2% | $221K |
| Current Assets | $53K-31.2% | $77K-11.2% | $87K-9.0% | $96K-13.4% | $110K-35.7% | $171K-9.4% | $189K-14.2% | $221K |
| Cash & Equivalents | $5K+24.5% | $4K+19.2% | $3K-77.0% | $13K-56.6% | $30K-30.6% | $44K-42.2% | $76K-32.8% | $113K |
| 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 | $8.7M+64.7% | $5.3M+2.6% | $5.2M0.0% | $5.2M+2.0% | $5.1M+2.7% | $4.9M+1.7% | $4.8M+1.8% | $4.8M |
| Current Liabilities | $8.7M+64.7% | $5.3M+2.6% | $5.2M0.0% | $5.2M+2.0% | $5.1M+2.7% | $4.9M+1.7% | $4.8M+1.8% | $4.8M |
| Long-Term Debt | $525K0.0% | $525K0.0% | $525K | N/A | N/A | $497K+0.6% | $494K+0.6% | $491K |
| Total Equity | -$8.7M-66.1% | -$5.2M-2.9% | -$5.1M-0.1% | -$5.1M-2.4% | -$5.0M-4.1% | -$4.8M-2.2% | -$4.7M-2.6% | -$4.5M |
| Retained Earnings | -$9.6M-59.6% | -$6.0M-2.5% | -$5.9M-0.1% | -$5.9M-2.0% | -$5.8M-3.5% | -$5.6M-1.8% | -$5.5M-2.2% | -$5.4M |
BLNC Cash Flow Statement
| Metric | Q3'25 | Q3'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$36K-2.9% | -$35K-54.1% | -$23K+49.3% | -$45K-3.0% | -$43K+37.1% | -$69K-86.3% | -$37K-12.9% | -$33K |
| 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 | -$500 | N/A | N/A | -$36K-1083.3% | -$3K-50.0% | -$2K+93.2% | -$30K | N/A |
| Financing Cash Flow | $37K+3.7% | $36K+184.0% | $13K-54.5% | $28K-63.3% | $75K-26.4% | $102K-16.6% | $122K+35.3% | $90K |
| 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 |
BLNC Financial Ratios
| Metric | Q3'25 | Q3'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | -38.7% | N/A | N/A | N/A | N/A | N/A | -6076.8% | N/A |
| Net Margin | -38.7% | N/A | N/A | N/A | N/A | N/A | -7430.1% | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -6764.5%-6575.3pp | -189.2%-181.9pp | -7.4% | N/A | -174.8%-116.0pp | -58.7%+3.0pp | -61.8% | N/A |
| Current Ratio | 0.010.0 | 0.010.0 | 0.020.0 | 0.020.0 | 0.02-0.0 | 0.030.0 | 0.040.0 | 0.05 |
| Debt-to-Equity | -0.06+0.0 | -0.100.0 | -0.10+0.9 | -1.020.0 | -1.02-0.9 | -0.100.0 | -0.110.0 | -0.11 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$5.1M), 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.
Similar Companies
Frequently Asked Questions
Is Balance Labs Inc profitable?
No, Balance Labs Inc (BLNC) reported a net income of -$528K in fiscal year 2024.
What is Balance Labs Inc's earnings per share (EPS)?
Balance Labs Inc (BLNC) reported diluted earnings per share of $-0.02 for fiscal year 2024. This represents a 0.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Balance Labs Inc's EBITDA?
Balance Labs Inc (BLNC) had EBITDA of -$271K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Balance Labs Inc's operating cash flow?
Balance Labs Inc (BLNC) generated -$157K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Balance Labs Inc's total assets?
Balance Labs Inc (BLNC) had $96K in total assets as of fiscal year 2024, including both current and long-term assets.
How many shares does Balance Labs Inc have outstanding?
Balance Labs Inc (BLNC) had 22M shares outstanding as of fiscal year 2024.
What is Balance Labs Inc's current ratio?
Balance Labs Inc (BLNC) had a current ratio of 0.02 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Balance Labs Inc's debt-to-equity ratio?
Balance Labs Inc (BLNC) had a debt-to-equity ratio of -1.02 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Balance Labs Inc's return on assets (ROA)?
Balance Labs Inc (BLNC) had a return on assets of -552.7% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Balance Labs Inc's cash runway?
Based on fiscal year 2024 data, Balance Labs Inc (BLNC) had $13K in cash against an annual operating cash burn of $157K. This gives an estimated cash runway of approximately 1 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 Balance Labs Inc's debt-to-equity ratio negative or unusual?
Balance Labs Inc (BLNC) has negative shareholder equity of -$5.1M as of fiscal year 2024, 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 Balance Labs Inc's Piotroski F-Score?
Balance Labs Inc (BLNC) has a Piotroski F-Score of 3 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 Balance Labs Inc's earnings high quality?
Balance Labs Inc (BLNC) has an earnings quality ratio of 0.30x, 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 Balance Labs Inc cover its interest payments?
Balance Labs Inc (BLNC) has an interest coverage ratio of -1.2x, 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.