Dais Financials
This page shows Dais (DLYT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 13 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).
Revenue rebounds have not translated into cash or margin recovery as financing and working-capital strain dominate this tiny operating base.
After the prior year’s slump, sales volume recovered but gross profit dollars barely moved, while operating cash outflow widened to$1.5M ; that combination means the extra revenue added activity without adding much economic value. Financing inflow of only$750K left year-end cash at$27K , showing that outside funding still did not cover the core cash burn.
The financing burden is larger than the operating base: interest expense of
Liquidity is especially thin because most current assets are tied up in inventory and receivables, while the current ratio was only 0.05x. In practical terms, the balance sheet holds very little ready cash even before considering the large stack of short-term claims.
Financial Health Signals
Based on FY2022 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Dais's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Dais has an operating margin of -163.9%, meaning the company retains $-164 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 up from -458.6% the prior year.
Dais's revenue surged 166.8% year-over-year to $1.1M, reflecting rapid business expansion. This strong growth earns a score of 43/100.
Dais has elevated debt relative to equity (D/E of -1.06), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
Dais's current ratio of 0.05 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Dais 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, Dais generates $0.33 in operating cash flow (-$1.5M OCF vs -$4.5M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Dais earns $-0.7 in operating income for every $1 of interest expense (-$1.8M vs $2.7M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Dais generated $1.1M in revenue in fiscal year 2022. This represents an increase of 166.8% from the prior year.
Dais's EBITDA was -$1.8M in fiscal year 2022, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 5.1% from the prior year.
Dais reported -$4.5M in net income in fiscal year 2022. This represents a decrease of 424.3% from the prior year.
Cash & Balance Sheet
Dais held $27K in cash against $0 in long-term debt as of fiscal year 2022.
Dais had 11M shares outstanding in fiscal year 2022. This represents an increase of 12.8% from the prior year.
Margins & Returns
Dais's gross margin was 13.3% in fiscal year 2022, indicating the percentage of revenue retained after direct costs. This is down 23.3 percentage points from the prior year.
Dais's operating margin was -163.9% in fiscal year 2022, reflecting core business profitability. This is up 294.7 percentage points from the prior year.
Dais's net profit margin was -395.0% in fiscal year 2022, showing the share of revenue converted to profit. This is down 194.0 percentage points from the prior year.
Capital Allocation
Dais invested $328K in research and development in fiscal year 2022. This represents an increase of 145.5% from the prior year.
DLYT Income Statement
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $713K+98.0% | $360K+19.6% | $301K-31.0% | $436K-13.6% | $505K+287.8% | $130K+133.8% | $56K-42.1% | $96K |
| Cost of Revenue | $380K+33.6% | $284K+5.5% | $269K-26.5% | $367K-3.8% | $381K+115.1% | $177K+237.9% | $52K-44.3% | $94K |
| Gross Profit | $333K+339.2% | $76K+139.3% | $32K-54.4% | $70K-43.7% | $124K+363.1% | -$47K-1544.1% | $3K+66.6% | $2K |
| R&D Expenses | $75K-23.8% | $99K-26.5% | $134K+15.7% | $116K+35.0% | $86K+39.1% | $62K-4.8% | $65K+1.1% | $64K |
| SG&A Expenses | $2.7M+526.9% | $426K+12.2% | $379K-7.3% | $409K-4.9% | $430K+6.7% | $403K-5.2% | $425K+15.7% | $368K |
| Operating Income | -$2.4M-437.5% | -$448K+6.9% | -$482K-5.7% | -$456K-16.0% | -$393K+23.3% | -$512K-5.2% | -$487K-13.3% | -$430K |
| Interest Expense | $565K+27.1% | $445K-34.1% | $675K+8.0% | $625K-21.9% | $800K+13.0% | $708K+18.8% | $596K-62.6% | $1.6M |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$3.0M-206.2% | -$967K+51.7% | -$2.0M-85.5% | -$1.1M-1.1% | -$1.1M+12.4% | -$1.2M-12.7% | -$1.1M | N/A |
| EPS (Diluted) | N/A | $-0.05+61.5% | $-0.13 | N/A | $-0.10+23.1% | $-0.13-8.3% | $-0.12 | N/A |
DLYT Balance Sheet
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $747K-17.6% | $907K+22.3% | $741K-6.6% | $794K+6.9% | $743K+25.3% | $593K+17.4% | $505K-54.1% | $1.1M |
| Current Assets | $568K-22.2% | $730K+31.0% | $557K-8.2% | $606K+10.6% | $548K+37.7% | $398K+30.1% | $306K-67.1% | $930K |
| Cash & Equivalents | $20K-47.3% | $37K-0.3% | $37K+35.5% | $27K-81.9% | $152K+243.3% | $44K-45.2% | $81K-89.6% | $773K |
| Inventory | $211K-31.2% | $307K-8.7% | $336K+14.3% | $294K+51.8% | $194K-8.5% | $212K+84.0% | $115K+60.0% | $72K |
| Accounts Receivable | $296K-7.9% | $321K+151.6% | $128K-50.7% | $259K+239.3% | $76K+45.8% | $52K+129.0% | $23K-56.0% | $52K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $15.2M+4.0% | $14.6M+5.7% | $13.9M+4.8% | $13.2M+9.4% | $12.1M+9.7% | $11.0M+10.7% | $10.0M+5.1% | $9.5M |
| Current Liabilities | $15.1M+4.3% | $14.5M+5.5% | $13.7M+4.8% | $13.1M+9.5% | $11.9M+11.1% | $10.7M+11.0% | $9.7M+5.3% | $9.2M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$14.5M-5.4% | -$13.7M-4.8% | -$13.1M-5.5% | -$12.4M-9.5% | -$11.4M-8.8% | -$10.4M-10.3% | -$9.5M-12.9% | -$8.4M |
| Retained Earnings | -$68.2M-4.5% | -$65.2M-1.5% | -$64.3M-3.2% | -$62.3M-1.8% | -$61.2M-1.8% | -$60.1M-2.1% | -$58.9M-1.9% | -$57.8M |
DLYT Cash Flow Statement
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$32K+94.1% | -$552K+9.0% | -$606K-885.4% | -$62K+84.5% | -$398K-19.3% | -$334K+49.3% | -$658K-18.1% | -$558K |
| Capital Expenditures | $0 | $0-100.0% | $2K | N/A | $2K | $0-100.0% | $26K | N/A |
| Free Cash Flow | -$32K+94.1% | -$552K+9.2% | -$608K | N/A | -$400K-19.8% | -$334K+51.3% | -$685K | N/A |
| Investing Cash Flow | -$10K-4900.0% | -$199+95.8% | -$5K-1073.8% | -$400+94.5% | -$7K-148.6% | -$3K+91.5% | -$34K-643.2% | -$5K |
| Financing Cash Flow | $25K-95.5% | $552K-11.1% | $621K+1098.3% | -$62K-112.1% | $513K+70.9% | $300K | $0-100.0% | $1.2M |
| 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 | N/A |
DLYT Financial Ratios
| Metric | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 46.7%+25.7pp | 21.1%+10.5pp | 10.5%-5.4pp | 16.0%-8.5pp | 24.5%+60.6pp | -36.1%-41.9pp | 5.8%+3.8pp | 2.0% |
| Operating Margin | -338.0%-213.5pp | -124.5%+35.5pp | -160.0%-55.6pp | -104.5%-26.7pp | -77.8%+315.6pp | -393.3%+480.9pp | -874.2%-427.2pp | -447.1% |
| Net Margin | -415.2%-146.7pp | -268.6%+397.1pp | -665.7%-418.0pp | -247.7%-36.0pp | -211.6%+725.4pp | -937.0%+1006.7pp | -1943.7% | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -396.2%-289.5pp | -106.7%+163.7pp | -270.4%-134.2pp | -136.1%+7.7pp | -143.9%+61.9pp | -205.8%+8.6pp | -214.4% | N/A |
| Current Ratio | 0.04-0.0 | 0.050.0 | 0.040.0 | 0.050.0 | 0.050.0 | 0.040.0 | 0.03-0.1 | 0.10 |
| Debt-to-Equity | -1.05+0.0 | -1.070.0 | -1.060.0 | -1.060.0 | -1.070.0 | -1.060.0 | -1.05+0.1 | -1.13 |
| FCF Margin | -4.5%+148.8pp | -153.4%+48.6pp | -202.0% | N/A | -79.1%+177.0pp | -256.2%+973.3pp | -1229.4% | N/A |
Note: Shareholder equity is negative (-$12.4M), 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 (0.05), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Dais's annual revenue?
Dais (DLYT) reported $1.1M in total revenue for fiscal year 2022. This represents a 166.8% 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 Dais's revenue growing?
Dais (DLYT) revenue grew by 166.8% year-over-year, from $423K to $1.1M in fiscal year 2022.
Is Dais profitable?
No, Dais (DLYT) reported a net income of -$4.5M in fiscal year 2022, with a net profit margin of -395.0%.
What is Dais's EBITDA?
Dais (DLYT) had EBITDA of -$1.8M in fiscal year 2022, measuring earnings before interest, taxes, depreciation, and amortization.
What is Dais's gross margin?
Dais (DLYT) had a gross margin of 13.3% in fiscal year 2022, indicating the percentage of revenue retained after direct costs of goods sold.
What is Dais's operating margin?
Dais (DLYT) had an operating margin of -163.9% in fiscal year 2022, reflecting the profitability of core business operations before interest and taxes.
What is Dais's net profit margin?
Dais (DLYT) had a net profit margin of -395.0% in fiscal year 2022, representing the share of revenue converted into profit after all expenses.
What is Dais's operating cash flow?
Dais (DLYT) generated -$1.5M in operating cash flow during fiscal year 2022, representing cash generated from core business activities.
What are Dais's total assets?
Dais (DLYT) had $794K in total assets as of fiscal year 2022, including both current and long-term assets.
How much does Dais spend on research and development?
Dais (DLYT) invested $328K in research and development during fiscal year 2022.
What is Dais's current ratio?
Dais (DLYT) had a current ratio of 0.05 as of fiscal year 2022, which is below 1.0, which may suggest potential liquidity concerns.
What is Dais's debt-to-equity ratio?
Dais (DLYT) had a debt-to-equity ratio of -1.06 as of fiscal year 2022, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Dais's return on assets (ROA)?
Dais (DLYT) had a return on assets of -560.9% for fiscal year 2022, measuring how efficiently the company uses its assets to generate profit.
What is Dais's cash runway?
Based on fiscal year 2022 data, Dais (DLYT) had $27K in cash against an annual operating cash burn of $1.5M. 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 Dais's debt-to-equity ratio negative or unusual?
Dais (DLYT) has negative shareholder equity of -$12.4M as of fiscal year 2022, 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 Dais's Piotroski F-Score?
Dais (DLYT) 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Dais's earnings high quality?
Dais (DLYT) has an earnings quality ratio of 0.33x, 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 Dais cover its interest payments?
Dais (DLYT) has an interest coverage ratio of -0.7x, 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 Dais?
Dais (DLYT) scores 7 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.