Nuburu Financials
This page shows Nuburu (BURUW) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 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
Nuburu 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), neither operating efficiency signal passes.
For every $1 of reported earnings, Nuburu generates $0.19 in operating cash flow (-$6.6M OCF vs -$34.5M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Nuburu earns $-3.9 in operating income for every $1 of interest expense (-$13.2M vs $3.3M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Nuburu generated $152K in revenue in fiscal year 2024. This represents a decrease of 92.7% from the prior year.
Nuburu's EBITDA was -$12.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 41.8% from the prior year.
Nuburu reported -$34.5M in net income in fiscal year 2024. This represents a decrease of 66.7% from the prior year.
Nuburu earned $-5.91 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 838.1% from the prior year.
Cash & Balance Sheet
Nuburu held $209K in cash against $9.2M in long-term debt as of fiscal year 2024.
Nuburu had 20M shares outstanding in fiscal year 2024. This represents an increase of 2098.1% from the prior year.
Margins & Returns
Nuburu's gross margin was -1349.8% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 1176.7 percentage points from the prior year.
Nuburu's operating margin was -8644.7% in fiscal year 2024, reflecting core business profitability. This is down 7602.8 percentage points from the prior year.
Nuburu's net profit margin was -22688.8% in fiscal year 2024, showing the share of revenue converted to profit. This is down 21695.7 percentage points from the prior year.
Capital Allocation
Nuburu invested $1.8M in research and development in fiscal year 2024. This represents a decrease of 66.6% from the prior year.
BURUW Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | N/A | $0-100.0% | $49K-47.3% | $94K-75.0% | $375K |
| Cost of Revenue | N/A | N/A | $236K | N/A | $360K-50.9% | $734K-14.4% | $857K-2.8% | $882K |
| Gross Profit | $50K+997.5% | $5K+101.9% | -$236K | N/A | -$360K+47.4% | -$684K+10.3% | -$763K-50.5% | -$507K |
| R&D Expenses | $0 | $0-100.0% | $185K | N/A | $206K-69.8% | $683K-10.8% | $766K-34.1% | $1.2M |
| SG&A Expenses | $1.9M-54.0% | $4.1M+97.0% | $2.1M | N/A | $1.8M-7.4% | $1.9M-26.9% | $2.7M-2.0% | $2.7M |
| Operating Income | -$2.6M+43.2% | -$4.6M-51.8% | -$3.0M | N/A | -$2.5M+23.4% | -$3.2M+28.6% | -$4.5M+6.6% | -$4.9M |
| Interest Expense | $35K-78.0% | $161K-16.8% | $193K | N/A | $1.1M-3.5% | $1.1M-6.4% | $1.2M+72.9% | $689K |
| Income Tax | $0 | $0 | $0 | N/A | $0 | $0 | $0 | $0 |
| Net Income | -$22.4M-83.4% | -$12.2M+26.4% | -$16.6M | N/A | -$4.3M+65.6% | -$12.6M-121.5% | -$5.7M-20.1% | -$4.8M |
| EPS (Diluted) | $-0.20 | $-0.18+35.7% | $-0.28 | N/A | $-1.11+85.3% | $-7.57 | $-6.18 | N/A |
BURUW Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $13.2M+430.5% | $2.5M+89.0% | $1.3M-81.2% | $7.0M-10.8% | $7.8M-6.9% | $8.4M+5.3% | $8.0M-24.6% | $10.6M |
| Current Assets | $11.1M+543.7% | $1.7M+64.6% | $1.1M-44.6% | $1.9M-18.9% | $2.3M-10.4% | $2.6M+28.2% | $2.0M-52.6% | $4.3M |
| Cash & Equivalents | $5.9M+5248.4% | $111K+56.6% | $71K-66.1% | $209K-9.8% | $232K+98.0% | $117K-49.5% | $232K-89.2% | $2.1M |
| Inventory | $0 | $0 | N/A | $1.5M0.0% | $1.5M0.0% | $1.5M-5.4% | $1.6M+10.8% | $1.5M |
| Accounts Receivable | $0 | $0 | $0 | $0-100.0% | $55K-25.5% | $73K-44.7% | $133K-72.5% | $482K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $67.0M+41.9% | $47.2M+17.2% | $40.3M-10.1% | $44.8M+1.7% | $44.1M+2.1% | $43.2M-4.9% | $45.4M+5.3% | $43.1M |
| Current Liabilities | $41.9M-4.6% | $43.9M+9.0% | $40.3M+93.8% | $20.8M+34.8% | $15.4M+16.4% | $13.3M+8.7% | $12.2M+24.7% | $9.8M |
| Long-Term Debt | N/A | N/A | N/A | $9.2M+5.7% | $8.7M+12.0% | $7.8M-20.3% | $9.8M+7.5% | $9.1M |
| Total Equity | -$53.9M-20.4% | -$44.7M-14.8% | -$39.0M-3.0% | -$37.8M-4.3% | -$36.3M-4.2% | -$34.8M+7.1% | -$37.4M-15.0% | -$32.5M |
| Retained Earnings | -$172.7M-14.9% | -$150.2M-8.9% | -$138.0M-4.7% | -$131.8M-9.8% | -$120.0M-3.8% | -$115.6M-12.3% | -$103.0M-5.9% | -$97.3M |
BURUW Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$3.1M-50.5% | -$2.1M-6.8% | -$1.9M-72.6% | -$1.1M+5.1% | -$1.2M+47.2% | -$2.2M-6.5% | -$2.1M+51.1% | -$4.3M |
| Capital Expenditures | $0 | $0-100.0% | $600K | N/A | N/A | N/A | N/A | $25K |
| Free Cash Flow | -$3.1M-50.5% | -$2.1M+18.6% | -$2.5M | N/A | N/A | N/A | N/A | -$4.3M |
| Investing Cash Flow | -$2.7M-441.5% | -$500K+33.3% | -$750K | N/A | N/A | N/A | N/A | -$25K |
| Financing Cash Flow | $12.5M+381.4% | $2.6M+2.3% | $2.5M+132.0% | $1.1M-15.3% | $1.3M-38.9% | $2.1M+1096.9% | $177K-96.3% | $4.8M |
| 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 |
BURUW Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | -1389.0%-572.9pp | -816.1%-680.7pp | -135.4% |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | -6565.2%-1724.7pp | -4840.6%-3546.1pp | -1294.5% |
| Net Margin | N/A | N/A | N/A | N/A | N/A | -25648.1%-19549.6pp | -6098.5%-4830.7pp | -1267.8% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -170.5%+322.6pp | -493.1%+773.5pp | -1266.6% | N/A | -55.6%+95.1pp | -150.7%-79.1pp | -71.6%-26.6pp | -45.0% |
| Current Ratio | 0.27+0.2 | 0.04+0.0 | 0.03-0.1 | 0.09-0.1 | 0.15-0.0 | 0.20+0.0 | 0.17-0.3 | 0.44 |
| Debt-to-Equity | -1.24-0.2 | -1.06-0.0 | -1.03-0.8 | -0.240.0 | -0.24-0.0 | -0.22+0.0 | -0.26+0.0 | -0.28 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -1149.0% |
Note: Shareholder equity is negative (-$37.8M), 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 (0.09), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Frequently Asked Questions
What is Nuburu's annual revenue?
Nuburu (BURUW) reported $152K in total revenue for fiscal year 2024. This represents a -92.7% 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 Nuburu's revenue growing?
Nuburu (BURUW) revenue declined by 92.7% year-over-year, from $2.1M to $152K in fiscal year 2024.
Is Nuburu profitable?
No, Nuburu (BURUW) reported a net income of -$34.5M in fiscal year 2024, with a net profit margin of -22688.8%.
What is Nuburu's EBITDA?
Nuburu (BURUW) had EBITDA of -$12.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Nuburu have?
As of fiscal year 2024, Nuburu (BURUW) had $209K in cash and equivalents against $9.2M in long-term debt.
What is Nuburu's gross margin?
Nuburu (BURUW) had a gross margin of -1349.8% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Nuburu's operating margin?
Nuburu (BURUW) had an operating margin of -8644.7% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Nuburu's net profit margin?
Nuburu (BURUW) had a net profit margin of -22688.8% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Nuburu's operating cash flow?
Nuburu (BURUW) generated -$6.6M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Nuburu's total assets?
Nuburu (BURUW) had $7.0M in total assets as of fiscal year 2024, including both current and long-term assets.
How much does Nuburu spend on research and development?
Nuburu (BURUW) invested $1.8M in research and development during fiscal year 2024.
What is Nuburu's current ratio?
Nuburu (BURUW) 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 Nuburu's debt-to-equity ratio?
Nuburu (BURUW) had a debt-to-equity ratio of -0.24 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Nuburu's return on assets (ROA)?
Nuburu (BURUW) had a return on assets of -495.2% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Nuburu's cash runway?
Based on fiscal year 2024 data, Nuburu (BURUW) had $209K in cash against an annual operating cash burn of $6.6M. 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 Nuburu's debt-to-equity ratio negative or unusual?
Nuburu (BURUW) has negative shareholder equity of -$37.8M 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 Nuburu's Piotroski F-Score?
Nuburu (BURUW) 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 Nuburu's earnings high quality?
Nuburu (BURUW) has an earnings quality ratio of 0.19x, 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 Nuburu cover its interest payments?
Nuburu (BURUW) has an interest coverage ratio of -3.9x, 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.