Factorial Energy Warrant (FACWW) Financials
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 11, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FACWW SEC filings page.
This page shows Factorial Energy Inc. Warrant (FACWW) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 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.
FACWW’s reported losses deepened while its asset base contracted, leaving liabilities far larger than assets and cash deficits still present.
From FY2024 to FY2025, total assets fell45.9% while total liabilities rose4.3% , pushing liabilities from234.9% to452.6% of assets; this is balance-sheet deterioration, not merely another loss year.
The net loss reached
The current ratio fell from 11.2x to 6.5x, weakening short-term balance-sheet flexibility even though current assets still exceeded current liabilities. With total equity at
Financial Health Signals
We do not publish a peer-relative financial health score for Factorial Energy Inc. Warrant, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Factorial Energy Inc. Warrant passes 1 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
Factorial Energy Inc. Warrant reported a net loss of $73.8M while operations used $30.2M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Factorial Energy Inc. Warrant's EBITDA was -$12.0M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Factorial Energy Inc. Warrant reported a net loss of $11.3M in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Factorial Energy Inc. Warrant earned -$0.85 per diluted share (EPS) in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative.
Not reported for Q2 2026.
Cash & Balance Sheet
Factorial Energy Inc. Warrant recorded an outflow of $5.3M in free cash flow in Q2 2026, representing a cash shortfall after capex. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Factorial Energy Inc. Warrant held $112.8M in cash against $0 in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Factorial Energy Inc. Warrant's quarterly ROE was -13.3% in Q2 2026: one quarter's net income over shareholder equity, not annualized.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
Factorial Energy Inc. Warrant invested $6.6M in research and development in Q2 2026. This represents a decrease of 2.4% from the same quarter a year earlier. Against the prior quarter it is up 238.9%.
Factorial Energy Inc. Warrant invested $74K in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 469.2% from the same quarter a year earlier. Against the prior quarter it is down 84.6%.
Not reported for Q2 2026.
FACWW Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'25Filing | Q2'2510-Q | Q1'2510-Q | Q4'24Filing |
|---|---|---|---|---|---|---|---|
| R&D Expenses | $6.6M-2.4% | $1.9M | N/A | N/A | $6.7M | N/A | N/A |
| SG&A Expenses | $6.4M+37.0% | $4.5M | N/A | $137K | $4.7M | N/A | $43K |
| Operating Income | -$13.0Mn/m | -$6.5M | N/A | -$137K | -$11.4M | N/A | -$43K |
| EBITDA | -$12.0Mn/m | -$5.6M | N/A | N/A | -$9.2M | N/A | N/A |
| Income Tax | $0n/m | $0n/m | N/A | N/A | $0 | $0 | $0 |
| Net Income | -$11.3Mn/m | -$8.6M | N/A | $2.8M | -$10.6M | N/A | -$43K |
| EPS (Basic) | -$0.61n/m | -$1.70n/m | N/A | N/A | -$0.57 | -$2.57 | N/A |
| EPS (Diluted) | -$0.85n/m | -$1.70n/m | N/A | N/A | -$0.57 | -$2.57 | N/A |
| Diluted Shares (Avg) | 19M+2.8% | 5M+0.8% | N/A | N/A | 18M | 5M | N/A |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, Interest Expense.
FACWW Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'25Filing | Q2'2510-Q | Q1'2510-Q | Q4'24Filing |
|---|---|---|---|---|---|---|---|
| Total Assets | $142.7M-48.8% | $62.4M+8738.0% | $62.8M-45.9% | $281.6M | $278.8M | $706K | $116.0M |
| Current Assets | $115.6M+11940.7% | $34.0M | $32.9M-33.7% | $825K | $960K | N/A | $49.6M |
| Cash & Equivalents | $112.8M+226.7% | $25.4M | $28.9M-40.1% | $0 | $34.5M | N/A | $48.3M |
| Short-Term Investments | $0n/m | $0 | $0n/m | $0 | $0 | N/A | $0 |
| Long-Term Investments | $0n/m | $0 | $0n/m | $0 | $0 | N/A | $0 |
| Total Liabilities | $57.7M-87.3% | $291.0M+75.1% | $284.2M+4.3% | $294.2M | $453.3M | $166.2M | $272.5M |
| Current Liabilities | $6.6M+1464.8% | $6.2M+731.3% | $5.1M+14.9% | $396K | $422K | $744K | $4.4M |
| Non-Current Liabilities | $51.1M-88.7% | $284.8M+72.2% | $279.1M+4.1% | $293.8M | $452.9M | $165.5M | $268.1M |
| Long-Term Debt | $0 | N/A | $18.9M | N/A | N/A | N/A | N/A |
| Total Equity | $85.0Mn/m | -$228.6Mn/m | -$221.4Mn/m | -$12.6M | -$174.5M | -$165.5M | -$156.5M |
| Retained Earnings | -$275.5Mn/m | -$264.2Mn/m | -$255.6Mn/m | -$12.6M | -$12.5M | -$63K | -$181.7M |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill.
FACWW Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'25Filing | Q2'2510-Q | Q1'2510-Q | Q4'24Filing |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$5.3Mn/m | -$6.1M | -$29.7M | $12.6M | -$7.0M | N/A | N/A |
| Depreciation & Amortization | $920K-58.1% | $882K-59.7% | N/A | N/A | $2.2M | $2.2M | N/A |
| Stock-Based Compensation | $1.0M-40.7% | $1.5M-60.2% | N/A | N/A | $1.7M | $3.9M | N/A |
| Capital Expenditures | $74K+469.2% | $482K+180.2% | N/A | N/A | $13K | $172K | N/A |
| Free Cash Flow | -$5.3Mn/m | -$6.6M | N/A | N/A | -$7.0M | N/A | N/A |
| Investing Cash Flow | -$91Kn/m | -$487Kn/m | $277.3M | -$275.8M | -$13K | -$172K | N/A |
| Financing Cash Flow | $92.8Mn/m | $3.3Mn/m | -$269.8M | $277.5M | -$203K | -$205K | N/A |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
FACWW Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Asset Turnover, FCF Margin.
Note: Shareholder equity is negative (-$221.4M), which causes the debt-to-equity, liabilities-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Where Factorial Energy Inc. Warrant Ranks
Frequently Asked Questions
No, Factorial Energy Inc. Warrant (FACWW) reported a net loss of $73.8M in fiscal year 2025.
Factorial Energy Inc. Warrant (FACWW) had EBITDA of -$56.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
As of fiscal year 2025, Factorial Energy Inc. Warrant (FACWW) had $28.9M in cash and equivalents against $18.9M in long-term debt.
Factorial Energy Inc. Warrant (FACWW) recorded an outflow of $31.2M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. 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.
Factorial Energy Inc. Warrant (FACWW) recorded an outflow of $30.2M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
Factorial Energy Inc. Warrant (FACWW) had $62.8M in total assets as of fiscal year 2025, including both current and long-term assets.
Factorial Energy Inc. Warrant (FACWW) invested $1.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Factorial Energy Inc. Warrant (FACWW) invested $24.3M in research and development during fiscal year 2025.
Factorial Energy Inc. Warrant (FACWW) had a current ratio of 6.48 as of fiscal year 2025, which is generally considered healthy.
Factorial Energy Inc. Warrant (FACWW) had a return on assets of -117.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
At the end of fiscal year 2025, Factorial Energy Inc. Warrant (FACWW) held $28.9M in cash, cash equivalents and investments, and reported an operating cash outflow of $30.2M over that year. Dividing the one by the other, the reported balance equals about 11 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Factorial Energy Inc. Warrant (FACWW) has negative shareholder equity of -$221.4M as of fiscal year 2025, so no debt-to-equity or liabilities-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. 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.
Factorial Energy Inc. Warrant (FACWW) has a Piotroski F-Score of 1 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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.
Factorial Energy Inc. Warrant (FACWW) reported a net loss of $73.8M while operations used $30.2M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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.