CDT Equity Inc, Financials
This page shows CDT Equity Inc, (CDTTW) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 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
CDT Equity Inc, passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass.
For every $1 of reported earnings, CDT Equity Inc, generates $0.54 in operating cash flow (-$9.7M OCF vs -$17.8M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
CDT Equity Inc, earns $-385.5 in operating income for every $1 of interest expense (-$15.4M vs $40K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
CDT Equity Inc,'s EBITDA was -$15.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
CDT Equity Inc, generated -$9.7M in free cash flow in fiscal year 2024, representing cash available after capex.
CDT Equity Inc, reported -$17.8M in net income in fiscal year 2024. This represents a decrease of 3227.5% from the prior year.
CDT Equity Inc, earned $-20.53 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 130.2% from the prior year.
CDT Equity Inc, held $554K in cash against $0 in long-term debt as of fiscal year 2024.
CDT Equity Inc, had 11,540 shares outstanding in fiscal year 2024. This represents a decrease of 100.0% from the prior year.
CDT Equity Inc, invested $3.4M in research and development in fiscal year 2024. This represents an increase of 3653.3% from the prior year.
CDT Equity Inc, invested $51K in capex in fiscal year 2024, funding long-term assets and infrastructure.
CDTTW Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | 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 | $1.5M-17.6% | $1.9M+103.1% | $916K | N/A | $3.1M+12272.0% | $25K-80.5% | $128K | N/A |
| SG&A Expenses | $5.5M+77.9% | $3.1M+14.5% | $2.7M | N/A | $2.7M-12.7% | $3.1M+10.2% | $2.8M | N/A |
| Operating Income | -$7.0M-42.0% | -$5.0M-36.9% | -$3.6M | N/A | -$5.8M-85.1% | -$3.1M-6.3% | -$3.0M | N/A |
| Interest Expense | $100K0.0% | $100K0.0% | $100K | N/A | $49K+22.5% | $40K-66.4% | $119K | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$7.1M-18.1% | -$6.0M-26.8% | -$4.8M | N/A | -$6.5M-20.0% | -$5.4M-51.5% | -$3.6M | N/A |
| EPS (Diluted) | $-13.16-141.0% | $-5.46-347.5% | $-1.22 | N/A | $-889.58-713.7% | $-109.33-2173.0% | $-4.81 | N/A |
CDTTW Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $8.6M+7.0% | $8.0M+3.6% | $7.7M+84.0% | $4.2M+40.1% | $3.0M-9.4% | $3.3M-32.8% | $4.9M-31.9% | $7.2M |
| Current Assets | $7.1M+11.1% | $6.4M+7.3% | $5.9M+119.1% | $2.7M+94.3% | $1.4M-12.7% | $1.6M-49.3% | $3.2M-45.0% | $5.7M |
| Cash & Equivalents | $3.8M+15.2% | $3.3M+56.4% | $2.1M+284.5% | $554K+680.3% | $71K-67.6% | $219K-88.1% | $1.8M-56.4% | $4.2M |
| 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 | $4.3M-4.2% | $4.5M-3.8% | $4.6M-57.8% | $11.0M-9.3% | $12.1M+38.1% | $8.8M+9.4% | $8.0M+4.4% | $7.7M |
| Current Liabilities | $4.3M-3.4% | $4.4M-3.0% | $4.5M-57.7% | $10.7M-10.3% | $12.0M+39.4% | $8.6M+11.3% | $7.7M+328.8% | $1.8M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $4.3M+21.2% | $3.5M+14.6% | $3.1M+145.3% | -$6.8M+25.5% | -$9.1M-66.9% | -$5.5M-76.3% | -$3.1M-577.9% | -$457K |
| Retained Earnings | -$47.0M-17.8% | -$39.9M-17.8% | -$33.9M-16.3% | -$29.1M-9.0% | -$26.7M-31.9% | -$20.2M-36.2% | -$14.9M-31.4% | -$11.3M |
CDTTW Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$4.4M-70.9% | -$2.6M+34.3% | -$3.9M-3.0% | -$3.8M-90.7% | -$2.0M-32.1% | -$1.5M+35.8% | -$2.4M+50.9% | -$4.8M |
| Capital Expenditures | -$7K-800.0% | $1K-99.8% | $404K | $0-100.0% | $41K | N/A | N/A | N/A |
| Free Cash Flow | -$4.4M-71.1% | -$2.6M+40.4% | -$4.3M-13.6% | -$3.8M-86.9% | -$2.0M | N/A | N/A | N/A |
| Investing Cash Flow | -$998K-99700.0% | -$1K+99.8% | -$404K-575.3% | $85K-11.5% | $96K | N/A | N/A | $497K |
| Financing Cash Flow | $6.0M+59.6% | $3.8M-36.6% | $5.9M+40.8% | $4.2M+141.4% | $1.7M | N/A | N/A | -$414K |
| 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 |
CDTTW Financial Ratios
| Metric | Q3'25 | Q2'25 | 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 | 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 | -83.2%-7.8pp | -75.4%-13.8pp | -61.6% | N/A | -215.9%-53.0pp | -162.9%-90.6pp | -72.2% | N/A |
| Current Ratio | 1.66+0.2 | 1.45+0.1 | 1.31+1.1 | 0.25+0.1 | 0.12-0.1 | 0.19-0.2 | 0.41-2.8 | 3.18 |
| Debt-to-Equity | 1.00-0.3 | 1.26-0.2 | 1.50+3.1 | -1.62-0.3 | -1.33+0.3 | -1.61+1.0 | -2.59+14.2 | -16.81 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$6.8M), 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 (0.25), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Frequently Asked Questions
Is CDT Equity Inc, profitable?
No, CDT Equity Inc, (CDTTW) reported a net income of -$17.8M in fiscal year 2024.
What is CDT Equity Inc,'s earnings per share (EPS)?
CDT Equity Inc, (CDTTW) reported diluted earnings per share of $-20.53 for fiscal year 2024. 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 CDT Equity Inc,'s EBITDA?
CDT Equity Inc, (CDTTW) had EBITDA of -$15.4M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is CDT Equity Inc,'s free cash flow?
CDT Equity Inc, (CDTTW) generated -$9.7M in free cash flow during fiscal year 2024. 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 CDT Equity Inc,'s operating cash flow?
CDT Equity Inc, (CDTTW) generated -$9.7M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are CDT Equity Inc,'s total assets?
CDT Equity Inc, (CDTTW) had $4.2M in total assets as of fiscal year 2024, including both current and long-term assets.
What are CDT Equity Inc,'s capital expenditures?
CDT Equity Inc, (CDTTW) invested $51K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does CDT Equity Inc, spend on research and development?
CDT Equity Inc, (CDTTW) invested $3.4M in research and development during fiscal year 2024.
How many shares does CDT Equity Inc, have outstanding?
CDT Equity Inc, (CDTTW) had 11,540 shares outstanding as of fiscal year 2024.
What is CDT Equity Inc,'s current ratio?
CDT Equity Inc, (CDTTW) had a current ratio of 0.25 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is CDT Equity Inc,'s debt-to-equity ratio?
CDT Equity Inc, (CDTTW) had a debt-to-equity ratio of -1.62 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is CDT Equity Inc,'s return on assets (ROA)?
CDT Equity Inc, (CDTTW) had a return on assets of -424.6% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is CDT Equity Inc,'s cash runway?
Based on fiscal year 2024 data, CDT Equity Inc, (CDTTW) had $554K in cash against an annual operating cash burn of $9.7M. 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 CDT Equity Inc,'s debt-to-equity ratio negative or unusual?
CDT Equity Inc, (CDTTW) has negative shareholder equity of -$6.8M 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 CDT Equity Inc,'s Piotroski F-Score?
CDT Equity Inc, (CDTTW) 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 CDT Equity Inc,'s earnings high quality?
CDT Equity Inc, (CDTTW) has an earnings quality ratio of 0.54x, 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 CDT Equity Inc, cover its interest payments?
CDT Equity Inc, (CDTTW) has an interest coverage ratio of -385.5x, 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.