Dlt Resolution Inc Financials

DLTI

Source SEC Filings (10-K/10-Q) Updated Jun 30, 2024 Currency USD FYE December

Financial Health Signals

Piotroski F-Score Weak

3/9

Dlt Resolution Inc passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Low Quality

-0.08x

For every $1 of reported earnings, Dlt Resolution Inc generates $-0.08 in operating cash flow (-$100K OCF vs $1.2M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

This page shows Dlt Resolution Inc (DLTI) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 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).

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Key Financial Metrics

Revenue

$143K

YoY-34.7%

5Y CAGR-8.9%

Dlt Resolution Inc generated $143K in revenue in fiscal year 2023. This represents a decrease of 34.7% from the prior year.

EBITDA

N/A

Free Cash Flow

N/A

Net Income

$1.2M

YoY+462.5%

Dlt Resolution Inc reported $1.2M in net income in fiscal year 2023. This represents an increase of 462.5% from the prior year.

EPS (Diluted)

$-0.01

YoY-150.0%

Dlt Resolution Inc earned $-0.01 per diluted share (EPS) in fiscal year 2023. This represents a decrease of 150.0% from the prior year.

Cash & Debt

$727

YoY-93.9%

5Y CAGR-43.7%

Dlt Resolution Inc held $727 in cash against $0 in long-term debt as of fiscal year 2023.

Dividends Per Share

N/A

Shares Outstanding

27M

YoY+13.4%

5Y CAGR+4.3%

Dlt Resolution Inc had 27M shares outstanding in fiscal year 2023. This represents an increase of 13.4% from the prior year.

Gross Margin

33.9%

YoY-1.6pp

5Y CAGR-18.4pp

Dlt Resolution Inc's gross margin was 33.9% in fiscal year 2023, indicating the percentage of revenue retained after direct costs. This is down 1.6 percentage points from the prior year.

Operating Margin

-56.8%

YoY-7.0pp

5Y CAGR+45.6pp

Dlt Resolution Inc's operating margin was -56.8% in fiscal year 2023, reflecting core business profitability. This is down 7.0 percentage points from the prior year.

Net Margin

845.3%

YoY+997.5pp

5Y CAGR+938.6pp

Dlt Resolution Inc's net profit margin was 845.3% in fiscal year 2023, showing the share of revenue converted to profit. This is up 997.5 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

DLTI Income Statement

Metric	FY23	FY22	FY21	FY20	FY19	FY18
Revenue	$143K-34.7%	$219K-33.1%	$327K-19.1%	$404K-12.8%	$463K+103.8%	$227K
Cost of Revenue	$94K-33.2%	$141K-6.4%	$151K-11.8%	$171K+10.4%	$155K+42.9%	$108K
Gross Profit	$48K-37.6%	$78K-56.0%	$176K-24.4%	$233K-24.5%	$308K+159.3%	$119K
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$130K-30.6%	$187K+81.9%	$103K-55.0%	$228K-13.5%	$263K+28.4%	$205K
Operating Income	-$81K+25.6%	-$109K+11.4%	-$123K+65.2%	-$354K-48.7%	-$238K-2.3%	-$233K
Interest Expense	N/A	$13K+499.4%	$2K-71.6%	$7K+0.8%	$7K+253.5%	-$5K
Income Tax	$0	$0	$0	$0	$0	N/A
Net Income	$1.2M+462.5%	-$333K+33.9%	-$504K0.0%	-$504K+51.5%	-$1.0M-389.9%	-$212K
EPS (Diluted)	$-0.01-150.0%	$-0.00	N/A	N/A	N/A	N/A

Metric	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22
Revenue	$29K-16.5%	$35K-57.8%	$83K+143.3%	$34K+33.1%	$26K	$0-100.0%	$51K-17.6%	$61K
Cost of Revenue	$16K-33.5%	$25K-57.3%	$58K+89.4%	$31K+437.2%	$6K	$0-100.0%	$26K-35.6%	$40K
Gross Profit	$13K+24.4%	$10K-58.7%	$25K+616.9%	$3K-82.5%	$20K	$0-100.0%	$25K+16.2%	$21K
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$359K+80.2%	$199K+71.7%	$116K+2533.2%	$4K-51.8%	$9K	$0-100.0%	$20K+11.7%	$18K
Operating Income	-$346K-83.3%	-$189K-188.2%	-$66K-317.4%	-$16K-15050.5%	$105	$0-100.0%	$59K+565.8%	-$13K
Interest Expense	$1K+394.5%	$256	N/A	$2K+0.1%	$2K-0.1%	$2K+0.1%	$2K-0.1%	$2K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$51K+82.7%	-$295K-162.3%	$474K+1628.8%	$27K+307.3%	-$13K-101.8%	$718K-11.4%	$811K+4272.2%	-$19K
EPS (Diluted)	$-0.010.0%	$-0.01	N/A	N/A	$0.00	$0.00	N/A	$0.00

DLTI Balance Sheet

Metric	FY23	FY22	FY21	FY20	FY19	FY18
Total Assets	$211K+922.6%	$21K-98.5%	$1.4M-61.4%	$3.5M+497.9%	$589K-54.6%	$1.3M
Current Assets	$211K+951.6%	$20K-74.5%	$79K+48.1%	$53K+11.5%	$48K-93.0%	$682K
Cash & Equivalents	$727-93.9%	$12K-60.1%	$30K+288.5%	$8K-41.7%	$13K+1.8%	$13K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$5K-34.6%	$8K-83.3%	$49K+7.7%	$46K+31.7%	$35K+183.5%	$12K
Goodwill	N/A	N/A	N/A	$956K+479.2%	$165K+5.3%	$157K
Total Liabilities	$263K-75.8%	$1.1M-53.9%	$2.4M-16.9%	$2.8M+196.0%	$958K+70.3%	$562K
Current Liabilities	$263K-75.7%	$1.1M-11.3%	$1.2M+29.9%	$941K+251.9%	$268K-25.9%	$361K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$52K+95.1%	-$1.1M-6.8%	-$997K-244.7%	$689K+287.0%	-$368K-150.0%	$737K
Retained Earnings	-$7.5M+13.9%	-$8.7M-32.6%	-$6.5M-27.4%	-$5.1M-10.4%	-$4.7M-29.4%	-$3.6M

Metric	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22
Total Assets	N/A	N/A	$211K-30.9%	$306K+110.2%	$146K-5.1%	$153K+641.7%	$21K-93.8%	$334K
Current Assets	$601K+534.3%	$95K-55.2%	$211K-0.5%	$213K+521.4%	$34K+18.4%	$29K+43.7%	$20K-69.2%	$65K
Cash & Equivalents	$562K+977.5%	$52K+7075.5%	$727+274.7%	$194-98.6%	$14K+285.2%	$4K-69.6%	$12K+26.2%	$9K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$31-99.0%	$3K-42.1%	$5K-73.1%	$20K-1.4%	$20K-19.7%	$25K+207.5%	$8K-85.3%	$56K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	N/A	N/A	$263K-28.3%	$367K+217.8%	$115K+333.2%	$27K-97.5%	$1.1M-7.5%	$1.2M
Current Liabilities	$327K-5.6%	$346K+31.4%	$263K-27.2%	$362K-5.8%	$384K+1.3%	$379K-65.0%	$1.1M-7.1%	$1.2M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$274K+209.2%	-$251K-385.3%	-$52K+14.9%	-$61K-302.0%	$30K-76.2%	$127K+111.9%	-$1.1M-26.9%	-$839K
Retained Earnings	-$7.9M-0.8%	-$7.9M-5.1%	-$7.5M+2.4%	-$7.7M+0.4%	-$7.7M+0.9%	-$7.8M+10.6%	-$8.7M-2.0%	-$8.5M

DLTI Cash Flow Statement

Metric	FY23	FY22	FY21	FY20	FY19	FY18
Operating Cash Flow	-$100K-101.9%	-$50K-282.7%	$27K+744.6%	$3K+107.4%	-$43K+72.9%	-$160K
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	-$15K
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	-$175K
Investing Cash Flow	$0	$0	$0	$0	$0+100.0%	-$21K
Financing Cash Flow	$101K-45.5%	$185K	$0-100.0%	$80K+91.7%	$42K-82.2%	$235K
Dividends Paid	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

Metric	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22
Operating Cash Flow	-$179K-975.8%	-$17K+80.6%	-$86K-191.0%	$94K+197.5%	-$97K-711.8%	-$12K-107.9%	$151K+593.9%	-$31K
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	$0	$0	$0	$0	$0	$0	$0	$0
Financing Cash Flow	$695K+897.7%	$70K-30.8%	$101K	$0-100.0%	$7K+200.0%	-$7K	$0	$0
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

DLTI Financial Ratios

Metric	FY23	FY22	FY21	FY20	FY19	FY18
Gross Margin	33.9%-1.6pp	35.5%-18.4pp	53.9%-3.8pp	57.7%-8.9pp	66.6%+14.2pp	52.3%
Operating Margin	-56.8%-7.0pp	-49.8%-12.2pp	-37.6%+50.0pp	-87.7%-36.3pp	-51.4%+51.0pp	-102.4%
Net Margin	845.3%+997.5pp	-152.2%+1.9pp	-154.1%-29.4pp	-124.8%+99.6pp	-224.3%-131.0pp	-93.3%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	570.8%+2180.9pp	-1610.1%-1573.1pp	-37.1%-22.8pp	-14.3%+162.1pp	-176.4%-160.1pp	-16.3%
Current Ratio	0.80+0.8	0.02-0.0	0.060.0	0.06-0.1	0.18-1.7	1.89
Debt-to-Equity	-5.08-4.1	-1.02+1.3	-2.36-6.5	4.11+6.7	-2.60-3.4	0.76
FCF Margin	N/A	N/A	N/A	N/A	N/A	-76.9%

Metric	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22
Gross Margin	43.8%+14.4pp	29.4%-0.7pp	30.1%+19.9pp	10.2%-67.5pp	77.8%	N/A	49.0%+14.3pp	34.8%
Operating Margin	-1182.3%-643.6pp	-538.7%-459.8pp	-78.9%-32.9pp	-46.0%-46.4pp	0.4%	N/A	116.0%+136.5pp	-20.5%
Net Margin	-174.2%+668.6pp	-842.9%-1414.1pp	571.2%+490.8pp	80.4%+132.0pp	-51.6%	N/A	1600.0%+1631.6pp	-31.6%
Return on Equity	N/A	N/A	N/A	N/A	N/A	567.0%	N/A	N/A
Return on Assets	N/A	N/A	224.3%+215.3pp	9.0%+18.1pp	-9.1%-477.6pp	468.5%-3452.4pp	3920.9%+3926.7pp	-5.8%
Current Ratio	1.84+1.6	0.27-0.5	0.80+0.2	0.59+0.5	0.09+0.0	0.08+0.1	0.02-0.0	0.06
Debt-to-Equity	N/A	N/A	-5.08+0.9	-6.03-9.9	3.83+3.6	0.21+1.2	-1.02+0.4	-1.40
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$52K), 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 (0.80), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is Dlt Resolution Inc's annual revenue?

Dlt Resolution Inc (DLTI) reported $143K in total revenue for fiscal year 2023. This represents a -34.7% 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 Dlt Resolution Inc's revenue growing?

Dlt Resolution Inc (DLTI) revenue declined by 34.7% year-over-year, from $219K to $143K in fiscal year 2023.

Is Dlt Resolution Inc profitable?

Yes, Dlt Resolution Inc (DLTI) reported a net income of $1.2M in fiscal year 2023, with a net profit margin of 845.3%.

What is Dlt Resolution Inc's earnings per share (EPS)?

Dlt Resolution Inc (DLTI) reported diluted earnings per share of $-0.01 for fiscal year 2023. This represents a -150.0% 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 Dlt Resolution Inc's gross margin?

Dlt Resolution Inc (DLTI) had a gross margin of 33.9% in fiscal year 2023, indicating the percentage of revenue retained after direct costs of goods sold.

What is Dlt Resolution Inc's operating margin?

Dlt Resolution Inc (DLTI) had an operating margin of -56.8% in fiscal year 2023, reflecting the profitability of core business operations before interest and taxes.

What is Dlt Resolution Inc's net profit margin?

Dlt Resolution Inc (DLTI) had a net profit margin of 845.3% in fiscal year 2023, representing the share of revenue converted into profit after all expenses.

What is Dlt Resolution Inc's operating cash flow?

Dlt Resolution Inc (DLTI) generated -$100K in operating cash flow during fiscal year 2023, representing cash generated from core business activities.

What are Dlt Resolution Inc's total assets?

Dlt Resolution Inc (DLTI) had $211K in total assets as of fiscal year 2023, including both current and long-term assets.

How many shares does Dlt Resolution Inc have outstanding?

Dlt Resolution Inc (DLTI) had 27M shares outstanding as of fiscal year 2023.

What is Dlt Resolution Inc's current ratio?

Dlt Resolution Inc (DLTI) had a current ratio of 0.80 as of fiscal year 2023, which is below 1.0, which may suggest potential liquidity concerns.

What is Dlt Resolution Inc's debt-to-equity ratio?

Dlt Resolution Inc (DLTI) had a debt-to-equity ratio of -5.08 as of fiscal year 2023, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Dlt Resolution Inc's return on assets (ROA)?

Dlt Resolution Inc (DLTI) had a return on assets of 570.8% for fiscal year 2023, measuring how efficiently the company uses its assets to generate profit.

What is Dlt Resolution Inc's cash runway?

Based on fiscal year 2023 data, Dlt Resolution Inc (DLTI) had $727 in cash against an annual operating cash burn of $100K. 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 Dlt Resolution Inc's debt-to-equity ratio negative or unusual?

Dlt Resolution Inc (DLTI) has negative shareholder equity of -$52K as of fiscal year 2023, 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 Dlt Resolution Inc's Piotroski F-Score?

Dlt Resolution Inc (DLTI) 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 Dlt Resolution Inc's earnings high quality?

Dlt Resolution Inc (DLTI) has an earnings quality ratio of -0.08x, 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.