CHAIN BRIDGE I Financials

CBRGF

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows CHAIN BRIDGE I (CBRGF) 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

Piotroski F-Score Weak

2/9

CHAIN BRIDGE I passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass.

Earnings Quality Low Quality

0.65x

For every $1 of reported earnings, CHAIN BRIDGE I generates $0.65 in operating cash flow (-$926K OCF vs -$1.4M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue

N/A

EBITDA

N/A

Net Income

-$1.4M

YoY-118.7%

CHAIN BRIDGE I reported -$1.4M in net income in fiscal year 2024. This represents a decrease of 118.7% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$130K

YoY+3224.7%

CHAIN BRIDGE I held $130K in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

N/A

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

$40.9M

YoY-79.3%

CHAIN BRIDGE I spent $40.9M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 79.3% from the prior year.

Capital Expenditures

N/A

CBRGF Income Statement

Metric	FY24	FY23	FY22	FY21
Revenue	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A
SG&A Expenses	$2.2M+65.4%	$1.3M+20.6%	$1.1M+480.0%	$189K
Operating Income	-$2.2M-65.4%	-$1.3M+5.4%	-$1.4M-537.6%	-$219K
Interest Expense	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A
Net Income	-$1.4M-118.7%	$7.6M-28.8%	$10.7M+116.1%	$5.0M
EPS (Diluted)	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Revenue	N/A	N/A	N/A	N/A	N/A	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	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	$236K-22.7%	$305K+37.6%	$222K	N/A	$749K+26.3%	$593K+9.9%	$540K	N/A
Operating Income	-$236K+22.7%	-$305K-37.6%	-$222K	N/A	-$749K-26.3%	-$593K-9.9%	-$540K	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$1.3M-22617.4%	$6K+101.6%	-$364K	N/A	$326K+172.9%	-$448K+63.8%	-$1.2M	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

CBRGF Balance Sheet

Metric	FY24	FY23	FY22	FY21
Total Assets	$5.4M-88.0%	$45.4M-81.0%	$238.2M+0.9%	$236.2M
Current Assets	$158K+2136.7%	$7K-98.4%	$439K-72.0%	$1.6M
Cash & Equivalents	$130K+3224.7%	$4K-96.6%	$116K-84.3%	$741K
Inventory	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A
Total Liabilities	$7.7M-83.1%	$45.4M-81.2%	$242.0M-2.2%	$247.5M
Current Liabilities	$1.0M+1421.0%	$68K+110.8%	$32K-72.1%	$116K
Long-Term Debt	N/A	N/A	N/A	N/A
Total Equity	-$2.2M-2704.4%	-$80K+97.9%	-$3.7M+67.1%	-$11.4M
Retained Earnings	-$2.4M-150.9%	-$944K+74.8%	-$3.7M+67.1%	-$11.4M

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Total Assets	$6.5M+20.3%	$5.4M+0.7%	$5.4M-0.9%	$5.4M-54.6%	$12.0M+5.1%	$11.4M+1.5%	$11.2M-75.2%	$45.4M
Current Assets	$1.0M+12833.1%	$8K-78.4%	$37K-76.3%	$158K-67.5%	$485K+663.2%	$64K+24.8%	$51K+623.1%	$7K
Cash & Equivalents	$1.0M+34960.4%	$3K-83.7%	$18K-86.4%	$130K-69.8%	$429K+18807.1%	$2K-55.7%	$5K+31.2%	$4K
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	$10.7M+29.9%	$8.2M+1.1%	$8.1M+6.1%	$7.7M-45.4%	$14.1M+3.0%	$13.7M+5.9%	$12.9M-71.6%	$45.4M
Current Liabilities	$1.4M+10.6%	$1.3M+6.9%	$1.2M+13.6%	$1.0M-2.6%	$1.1M+11.2%	$962K+91.5%	$502K+633.1%	$68K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$4.2M-48.5%	-$2.8M-1.8%	-$2.8M-23.2%	-$2.2M-7.8%	-$2.1M+7.9%	-$2.3M-35.7%	-$1.7M-1982.8%	-$80K
Retained Earnings	-$4.2M-48.5%	-$2.8M-1.8%	-$2.8M-16.5%	-$2.4M-2.8%	-$2.3M+12.4%	-$2.6M-20.5%	-$2.2M-131.2%	-$944K

CBRGF Cash Flow Statement

Metric	FY24	FY23	FY22	FY21
Operating Cash Flow	-$926K+1.1%	-$936K-3.5%	-$904K-4.1%	-$868K
Capital Expenditures	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A
Investing Cash Flow	$40.8M-79.4%	$197.9M	N/A	-$234.6M
Financing Cash Flow	-$39.8M+79.8%	-$197.0M-70468.1%	$280K-99.9%	$236.2M
Dividends Paid	N/A	N/A	N/A	N/A
Share Buybacks	$40.9M-79.3%	$197.9M	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Operating Cash Flow	-$137K+31.8%	-$202K-179.8%	-$72K+75.9%	-$299K+8.8%	-$328K-119.4%	-$149K-0.2%	-$149K-38.0%	-$108K
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	-$14K0.0%	-$14K0.0%	-$14K-100.2%	$6.3M+42248.5%	-$15K-50.0%	-$10K-100.0%	$34.5M	$0
Financing Cash Flow	$1.1M+473.4%	$200K+861.5%	-$26K+99.6%	-$6.3M-921.8%	$769K+391.2%	$157K+100.5%	-$34.4M-43756.7%	$79K
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	$6.3M	$0	$0-100.0%	$34.5M	N/A

CBRGF Financial Ratios

Metric	FY24	FY23	FY22	FY21
Gross Margin	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A
Return on Assets	-26.2%-43.0pp	16.8%+12.3pp	4.5%+2.4pp	2.1%
Current Ratio	0.15+0.0	0.10-13.4	13.50+0.0	13.47
Debt-to-Equity	-3.43+566.2	-569.65-504.9	-64.70-42.9	-21.80
FCF Margin	N/A	N/A	N/A	N/A

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	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	N/A
Return on Assets	-20.0%-20.1pp	0.1%+6.9pp	-6.7%	N/A	2.7%+6.6pp	-3.9%+7.1pp	-11.0%	N/A
Current Ratio	0.74+0.7	0.01-0.0	0.03-0.1	0.15-0.3	0.45+0.4	0.07-0.0	0.100.0	0.10
Debt-to-Equity	-2.57+0.4	-2.94+0.0	-2.96+0.5	-3.43+3.3	-6.78-0.7	-6.06+1.7	-7.77+561.9	-569.65
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$2.2M), 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 (0.15), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

Is CHAIN BRIDGE I profitable?

No, CHAIN BRIDGE I (CBRGF) reported a net income of -$1.4M in fiscal year 2024.

What is CHAIN BRIDGE I's operating cash flow?

CHAIN BRIDGE I (CBRGF) generated -$926K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are CHAIN BRIDGE I's total assets?

CHAIN BRIDGE I (CBRGF) had $5.4M in total assets as of fiscal year 2024, including both current and long-term assets.

Does CHAIN BRIDGE I buy back shares?

Yes, CHAIN BRIDGE I (CBRGF) spent $40.9M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

What is CHAIN BRIDGE I's current ratio?

CHAIN BRIDGE I (CBRGF) had a current ratio of 0.15 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

What is CHAIN BRIDGE I's debt-to-equity ratio?

CHAIN BRIDGE I (CBRGF) had a debt-to-equity ratio of -3.43 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is CHAIN BRIDGE I's return on assets (ROA)?

CHAIN BRIDGE I (CBRGF) had a return on assets of -26.2% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is CHAIN BRIDGE I's cash runway?

Based on fiscal year 2024 data, CHAIN BRIDGE I (CBRGF) had $130K in cash against an annual operating cash burn of $926K. This gives an estimated cash runway of approximately 2 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 CHAIN BRIDGE I's debt-to-equity ratio negative or unusual?

CHAIN BRIDGE I (CBRGF) has negative shareholder equity of -$2.2M 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 CHAIN BRIDGE I's Piotroski F-Score?

CHAIN BRIDGE I (CBRGF) 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 CHAIN BRIDGE I's earnings high quality?

CHAIN BRIDGE I (CBRGF) has an earnings quality ratio of 0.65x, 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.