Brand Engagement Network Inc Financials
This page shows Brand Engagement Network Inc (BNAIW) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 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
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Brand Engagement Network Inc has an operating margin of -36550.7%, meaning the company retains $-36551 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 down from -33173.8% the prior year.
Brand Engagement Network Inc's revenue surged 183.4% year-over-year to $100K, reflecting rapid business expansion. This strong growth earns a score of 100/100.
Brand Engagement Network Inc has elevated debt relative to equity (D/E of 5.86), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
Brand Engagement Network Inc's current ratio of 0.09 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 0/100, which could limit financial flexibility.
While Brand Engagement Network Inc generated -$14.0M in operating cash flow, capex of $53K consumed most of it, leaving -$14.1M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Brand Engagement Network Inc generates a -1274.9% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from -66.3% the prior year.
Brand Engagement Network Inc passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Brand Engagement Network Inc generates $0.42 in operating cash flow (-$14.0M OCF vs -$33.7M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Brand Engagement Network Inc earns $-179.7 in operating income for every $1 of interest expense (-$36.5M vs $203K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Brand Engagement Network Inc generated $100K in revenue in fiscal year 2024. This represents an increase of 183.4% from the prior year.
Brand Engagement Network Inc's EBITDA was -$33.7M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 205.6% from the prior year.
Brand Engagement Network Inc reported -$33.7M in net income in fiscal year 2024. This represents a decrease of 187.4% from the prior year.
Brand Engagement Network Inc earned $-1.02 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 78.9% from the prior year.
Cash & Balance Sheet
Brand Engagement Network Inc generated -$14.1M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 176.2% from the prior year.
Brand Engagement Network Inc held $149K in cash against $0 in long-term debt as of fiscal year 2024.
Brand Engagement Network Inc had 40M shares outstanding in fiscal year 2024. This represents an increase of 70.1% from the prior year.
Margins & Returns
Brand Engagement Network Inc's gross margin was 100.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 0.0 percentage points from the prior year.
Brand Engagement Network Inc's operating margin was -36550.7% in fiscal year 2024, reflecting core business profitability. This is down 3376.9 percentage points from the prior year.
Brand Engagement Network Inc's net profit margin was -33786.4% in fiscal year 2024, showing the share of revenue converted to profit. This is down 468.4 percentage points from the prior year.
Brand Engagement Network Inc's ROE was -1274.9% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 1208.6 percentage points from the prior year.
Capital Allocation
Brand Engagement Network Inc invested $1.1M in research and development in fiscal year 2024. This represents an increase of 376.4% from the prior year.
Brand Engagement Network Inc invested $53K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 9.7% from the prior year.
BNAIW Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $60K+1102.4% | $5K-50.0% | $10K | N/A | $50K | $0-100.0% | $50K | N/A |
| Cost of Revenue | N/A | N/A | $0 | N/A | $0 | $0 | $0 | N/A |
| Gross Profit | $60K+1102.4% | $5K-50.0% | $10K | N/A | $50K | $0-100.0% | $50K | N/A |
| R&D Expenses | -$4K-149.1% | $7K-30.8% | $11K | N/A | $153K-56.9% | $356K+41.8% | $251K | N/A |
| SG&A Expenses | $1.5M-21.4% | $1.8M-42.5% | $3.2M | N/A | $4.2M-20.0% | $5.3M-18.9% | $6.5M | N/A |
| Operating Income | -$2.3M+18.0% | -$2.8M+32.0% | -$4.2M | N/A | -$5.3M+16.1% | -$6.3M+7.4% | -$6.8M | N/A |
| Interest Expense | $43K+100.9% | $22K-82.7% | $125K | N/A | $18K-7.4% | $19K-22.5% | $25K | N/A |
| Income Tax | N/A | N/A | $0 | N/A | $0 | $0 | $0 | N/A |
| Net Income | -$2.5M-374.2% | $905K+125.1% | -$3.6M | N/A | -$5.8M-90.9% | -$3.0M+55.7% | -$6.9M | N/A |
| EPS (Diluted) | $-0.06-400.0% | $0.02+122.2% | $-0.09 | N/A | $-0.16-77.8% | $-0.09+66.7% | $-0.27 | N/A |
BNAIW Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $16.4M-3.8% | $17.0M-5.1% | $17.9M-1.2% | $18.1M-43.2% | $31.9M-6.2% | $34.1M-7.6% | $36.9M+67.4% | $22.0M |
| Current Assets | $1.8M-6.1% | $2.0M+3.8% | $1.9M+53.5% | $1.2M+3.7% | $1.2M-51.7% | $2.4M-43.8% | $4.4M+129.6% | $1.9M |
| Cash & Equivalents | $103K+404.6% | $20K-91.4% | $236K+58.3% | $149K+104.8% | $73K-94.9% | $1.4M-56.7% | $3.3M+96.1% | $1.7M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $50K+456.9% | $9K-78.0% | $41K+32.4% | $31K0.0% | $31K | $0-100.0% | $8K-25.0% | $10K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $12.9M+14.4% | $11.3M-22.8% | $14.6M-5.7% | $15.5M+9.2% | $14.2M+5.9% | $13.4M-17.5% | $16.2M+276.6% | $4.3M |
| Current Liabilities | $12.3M+17.9% | $10.4M-25.9% | $14.1M-1.1% | $14.3M+9.2% | $13.0M+1.2% | $12.9M-1.6% | $13.1M+316.7% | $3.1M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $3.5M-39.7% | $5.7M+72.8% | $3.3M+25.3% | $2.6M-85.1% | $17.8M-14.0% | $20.6M+0.2% | $20.6M+16.4% | $17.7M |
| Retained Earnings | -$52.2M-5.0% | -$49.7M+1.8% | -$50.6M-7.7% | -$47.0M-61.8% | -$29.1M-25.1% | -$23.2M-15.1% | -$20.2M-51.8% | -$13.3M |
BNAIW Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$107K+95.9% | -$2.6M+0.7% | -$2.6M-10.7% | -$2.4M+22.3% | -$3.1M+24.9% | -$4.1M+10.7% | -$4.5M-97.6% | -$2.3M |
| Capital Expenditures | N/A | N/A | $0 | $0-100.0% | $27K+101.1% | $13K+1.9% | $13K-34.4% | $20K |
| Free Cash Flow | N/A | N/A | -$2.6M-10.7% | -$2.4M+22.9% | -$3.1M+24.4% | -$4.1M+10.7% | -$4.6M-96.5% | -$2.3M |
| Investing Cash Flow | -$443K-1318.0% | -$31K+71.7% | -$110K-68.5% | -$65K+43.7% | -$116K-262.9% | $71K+141.7% | -$171K-5.2% | -$163K |
| Financing Cash Flow | $633K-73.9% | $2.4M-14.2% | $2.8M+12.3% | $2.5M+38.9% | $1.8M-14.5% | $2.1M-66.6% | $6.3M+100.2% | $3.2M |
| 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 | $27.6M |
BNAIW Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 100.0%0.0pp | 100.0%0.0pp | 100.0% | N/A | 100.0% | N/A | 100.0% | N/A |
| Operating Margin | -3853.3%+52652.8pp | -56506.2%-14965.2pp | -41540.9% | N/A | -10559.0% | N/A | -13654.9% | N/A |
| Net Margin | -4128.4%-22230.0pp | 18101.6%+54203.9pp | -36102.3% | N/A | -11646.2% | N/A | -13826.9% | N/A |
| Return on Equity | -71.9%-87.7pp | 15.8%+124.8pp | -109.0% | N/A | -32.8%-18.0pp | -14.8%+18.6pp | -33.4% | N/A |
| Return on Assets | -15.2%-20.5pp | 5.3%+25.4pp | -20.1% | N/A | -18.2%-9.3pp | -9.0%+9.7pp | -18.7% | N/A |
| Current Ratio | 0.15-0.0 | 0.19+0.1 | 0.13+0.0 | 0.090.0 | 0.09-0.1 | 0.19-0.1 | 0.33-0.3 | 0.60 |
| Debt-to-Equity | 3.74+1.8 | 1.97-2.4 | 4.42-1.4 | 5.86+5.1 | 0.80+0.2 | 0.65-0.1 | 0.79+0.5 | 0.24 |
| FCF Margin | N/A | N/A | -26278.6% | N/A | -6159.9% | N/A | -9164.4% | N/A |
Note: The current ratio is below 1.0 (0.09), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Frequently Asked Questions
What is Brand Engagement Network Inc's annual revenue?
Brand Engagement Network Inc (BNAIW) reported $100K in total revenue for fiscal year 2024. This represents a 183.4% 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 Brand Engagement Network Inc's revenue growing?
Brand Engagement Network Inc (BNAIW) revenue grew by 183.4% year-over-year, from $35K to $100K in fiscal year 2024.
Is Brand Engagement Network Inc profitable?
No, Brand Engagement Network Inc (BNAIW) reported a net income of -$33.7M in fiscal year 2024, with a net profit margin of -33786.4%.
What is Brand Engagement Network Inc's EBITDA?
Brand Engagement Network Inc (BNAIW) had EBITDA of -$33.7M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Brand Engagement Network Inc's gross margin?
Brand Engagement Network Inc (BNAIW) had a gross margin of 100.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Brand Engagement Network Inc's operating margin?
Brand Engagement Network Inc (BNAIW) had an operating margin of -36550.7% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Brand Engagement Network Inc's net profit margin?
Brand Engagement Network Inc (BNAIW) had a net profit margin of -33786.4% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Brand Engagement Network Inc's return on equity (ROE)?
Brand Engagement Network Inc (BNAIW) has a return on equity of -1274.9% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Brand Engagement Network Inc's free cash flow?
Brand Engagement Network Inc (BNAIW) generated -$14.1M in free cash flow during fiscal year 2024. This represents a -176.2% 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 Brand Engagement Network Inc's operating cash flow?
Brand Engagement Network Inc (BNAIW) generated -$14.0M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Brand Engagement Network Inc's total assets?
Brand Engagement Network Inc (BNAIW) had $18.1M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Brand Engagement Network Inc's capital expenditures?
Brand Engagement Network Inc (BNAIW) invested $53K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Brand Engagement Network Inc spend on research and development?
Brand Engagement Network Inc (BNAIW) invested $1.1M in research and development during fiscal year 2024.
What is Brand Engagement Network Inc's current ratio?
Brand Engagement Network Inc (BNAIW) had a current ratio of 0.09 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Brand Engagement Network Inc's debt-to-equity ratio?
Brand Engagement Network Inc (BNAIW) had a debt-to-equity ratio of 5.86 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Brand Engagement Network Inc's return on assets (ROA)?
Brand Engagement Network Inc (BNAIW) had a return on assets of -185.8% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Brand Engagement Network Inc's cash runway?
Based on fiscal year 2024 data, Brand Engagement Network Inc (BNAIW) had $149K in cash against an annual operating cash burn of $14.0M. 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.
What is Brand Engagement Network Inc's Piotroski F-Score?
Brand Engagement Network Inc (BNAIW) has a Piotroski F-Score of 2 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 Brand Engagement Network Inc's earnings high quality?
Brand Engagement Network Inc (BNAIW) has an earnings quality ratio of 0.42x, 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 Brand Engagement Network Inc cover its interest payments?
Brand Engagement Network Inc (BNAIW) has an interest coverage ratio of -179.7x, 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 Brand Engagement Network Inc?
Brand Engagement Network Inc (BNAIW) scores 17 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.