Spectral Capital Financials
This page shows Spectral Capital (FCCN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 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).
Balance-sheet obligations now dominate the story, with minimal operating scale and little evidence of self-funding activity.
From FY2022 to FY2024, the balance sheet expanded through liabilities, not business activity: liabilities rose from$5.9K to$811K while the only recent revenue-bearing year generated just$98K and later filings show no recurring top line. That combination points to a company whose reported movement is being driven more by financing and legacy obligations than by an operating engine converting sales into cash.
FY2022 suggests the core issue was not product-level economics but lack of scale: gross margin reached
The latest FY2024 balance sheet is deeply liability-weighted: assets of
Financial Health Signals
We are recalculating Spectral Capital's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.
Key Financial Metrics
Earnings & Revenue
Spectral Capital earned $0.01 per diluted share (EPS) in fiscal year 2025. This represents an increase of 116.7% from the prior year.
Cash & Balance Sheet
Spectral Capital had 88M shares outstanding in fiscal year 2025. This represents an increase of 30.4% from the prior year.
Margins & Returns
Capital Allocation
Spectral Capital invested $0 in research and development in fiscal year 2025.
FCCN Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $328.5M | N/A | $3.1M | $0 | $0 | N/A | $0 | $0 |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | $2.2M | N/A | $710K | $0 | $0 | N/A | $0 | $0 |
| R&D Expenses | N/A | N/A | $0 | N/A | $0 | N/A | $548K | N/A |
| SG&A Expenses | $2.4M | N/A | $221K | N/A | N/A | N/A | $416K-7.3% | $448K |
| Operating Income | -$3.0M | N/A | -$972K | N/A | N/A | N/A | -$1.2M-146.7% | -$484K |
| Interest Expense | $415K | N/A | $3K | N/A | $0 | N/A | $0 | N/A |
| Income Tax | $100K | N/A | -$3K | N/A | $0 | N/A | $0 | N/A |
| Net Income | -$9.5M | N/A | -$946K | N/A | N/A | N/A | -$1.2M | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
FCCN Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $380.4M+152.0% | $151.0M+527.8% | $24.0M+395518.2% | $6K-71.9% | $22K-81.0% | $114K-65.0% | $325K+217.0% | $103K |
| Current Assets | $290.9M+389.3% | $59.5M+1440.7% | $3.9M+63387.5% | $6K-71.9% | $22K-81.0% | $114K-40.2% | $191K+85.6% | $103K |
| Cash & Equivalents | $2.7M+29.6% | $2.1M+389.6% | $426K+6913.7% | $6K-72.4% | $22K-79.5% | $107K-43.6% | $191K+85.6% | $103K |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $272.6M+738.0% | $32.5M+2133.2% | $1.5M | N/A | N/A | $0 | N/A | N/A |
| Goodwill | $48.7M0.0% | $48.7M+998.7% | $4.4M | N/A | N/A | $0 | N/A | N/A |
| Total Liabilities | $345.1M+223.7% | $106.6M+1540.4% | $6.5M+1334.3% | $453K-53.0% | $963K+18.7% | $811K+358.5% | $177K+25.5% | $141K |
| Current Liabilities | $340.5M+233.8% | $102.0M+1520.5% | $6.3M | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $35.4M-20.3% | $44.4M+152.9% | $17.5M+4026.1% | -$447K+52.5% | -$942K-35.0% | -$697K-569.4% | $149K+488.5% | -$38K |
| Retained Earnings | -$42.8M-28.1% | -$33.4M+8.3% | -$36.4M-2.7% | -$35.5M-1.4% | -$35.0M-1.9% | -$34.3M-9.7% | -$31.3M-4.0% | -$30.1M |
FCCN Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$523K+46.9% | -$984K-4278.6% | -$22K | N/A | N/A | N/A | -$743K-546.7% | -$115K |
| Capital Expenditures | $6K+567.4% | $899 | N/A | N/A | $0 | $0 | N/A | N/A |
| Free Cash Flow | -$529K+46.3% | -$985K | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$45K-104.5% | $1000K+423.7% | $191K | $0 | $0-100.0% | $129K+200.0% | -$129K | $0 |
| Financing Cash Flow | $1.3M-16.9% | $1.5M+502.9% | $254K | N/A | N/A | $556K-42.1% | $960K+343.3% | $217K |
| 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 |
FCCN Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 0.7% | N/A | 22.6% | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | -0.9% | N/A | -31.0% | N/A | N/A | N/A | N/A | N/A |
| Net Margin | -2.9% | N/A | -30.1% | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | -26.8% | N/A | -5.4% | N/A | N/A | N/A | -804.4% | N/A |
| Return on Assets | -2.5% | N/A | -3.9% | N/A | N/A | N/A | -367.1% | N/A |
| Current Ratio | 0.85+0.3 | 0.58-0.0 | 0.61 | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 9.76+7.4 | 2.40+2.0 | 0.37+1.4 | -1.010.0 | -1.02+0.1 | -1.16-2.4 | 1.19+4.9 | -3.69 |
| FCF Margin | -0.2% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
What are Spectral Capital's total assets?
Spectral Capital (FCCN) had $6K in total assets as of fiscal year 2025, including both current and long-term assets.
What is Spectral Capital's debt-to-equity ratio?
Spectral Capital (FCCN) had a debt-to-equity ratio of -1.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.