Calethos Financials

GEDC

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Calethos (GEDC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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

Piotroski F-Score Weak

2/9

Calethos passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass.

Earnings Quality Low Quality

0.07x

For every $1 of reported earnings, Calethos generates $0.07 in operating cash flow (-$859K OCF vs -$12.6M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-5.0x

Calethos earns $-5.0 in operating income for every $1 of interest expense (-$1.4M vs $284K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Revenue

N/A

EBITDA

N/A

Free Cash Flow

N/A

Net Income

-$12.6M

YoY-171.9%

Calethos reported -$12.6M in net income in fiscal year 2024. This represents a decrease of 171.9% from the prior year.

EPS (Diluted)

$-0.50

YoY-108.3%

Calethos earned $-0.50 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 108.3% from the prior year.

Cash & Debt

$286K

YoY-7.1%

5Y CAGR+18.4%

10Y CAGR+2.2%

Calethos held $286K in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

25M

YoY+74.1%

5Y CAGR+8.7%

Calethos had 25M shares outstanding in fiscal year 2024. This represents an increase of 74.1% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

GEDC Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	N/A	$0	N/A	N/A	N/A	N/A
Cost of Revenue	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
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$49K+28.9%	$38K-26.9%	$52K-8.8%	$57K+11.8%	$51K+27.5%	$40K
Operating Income	-$1.4M+59.4%	-$3.5M-188.4%	$3.9M+163.7%	-$6.2M-1473.4%	-$391K+67.3%	-$1.2M
Interest Expense	$284K+44.9%	$196K-3.9%	$204K+213.8%	$65K-71.4%	$227K-25.6%	$305K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$12.6M-171.9%	-$4.6M-312.3%	$2.2M+132.3%	-$6.7M-792.7%	-$756K+49.6%	-$1.5M
EPS (Diluted)	$-0.50-108.3%	$-0.24-400.0%	$0.08+122.9%	$-0.35	N/A	N/A

Metric	Q3'25	Q3'24	Q1'24	Q4'23	Q3'23	Q4'22	Q3'22	Q4'21
Revenue	N/A	N/A	$0	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	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$20K+400.0%	$4K-55.6%	$9K	N/A	-$3K	N/A	$24K	N/A
Operating Income	-$359K-64.7%	-$218K+25.3%	-$292K	N/A	-$92K	N/A	$11.0M	N/A
Interest Expense	$310K	N/A	$203K	N/A	$114K	N/A	$18K	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$658K+52.2%	-$1.4M+80.4%	-$7.0M	N/A	-$98K	N/A	$10.5M	N/A
EPS (Diluted)	$-0.03+40.0%	$-0.05+82.1%	$-0.28	N/A	$-0.01	N/A	$0.56	N/A

GEDC Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$6.1M+138.2%	$2.6M+24.6%	$2.1M-33.0%	$3.1M+154500.0%	$2K-98.4%	$125K
Current Assets	$296K-6.9%	$318K-84.6%	$2.1M-32.2%	$3.1M+152600.0%	$2K-98.4%	$125K
Cash & Equivalents	$286K-7.1%	$308K-85.1%	$2.1M-32.2%	$3.0M	N/A	$123K
Inventory	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
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.8M+78.9%	$1.0M-80.4%	$5.2M+43.6%	$3.6M+174.1%	$1.3M+93.1%	$686K
Current Liabilities	$515K-49.6%	$1.0M-80.4%	$5.2M+43.6%	$3.6M+174.1%	$1.3M+93.1%	$686K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$4.3M+177.1%	$1.6M+149.6%	-$3.1M-482.0%	-$540K+59.2%	-$1.3M-135.8%	-$561K
Retained Earnings	-$31.9M-65.3%	-$19.3M-31.6%	-$14.7M+13.0%	-$16.8M-66.9%	-$10.1M-8.1%	-$9.3M

Metric	Q3'25	Q3'24	Q1'24	Q4'23	Q3'23	Q4'22	Q3'22	Q4'21
Total Assets	$287K-95.3%	$6.1M+71.8%	$3.6M+38.6%	$2.6M-1.5%	$2.6M+26.5%	$2.1M-8.0%	$2.3M-27.2%	$3.1M
Current Assets	$287K-3.0%	$296K-63.9%	$819K+157.5%	$318K-73.3%	$1.2M-42.5%	$2.1M-8.0%	$2.3M-26.3%	$3.1M
Cash & Equivalents	$274K-4.2%	$286K-64.6%	$809K+162.7%	$308K-73.9%	$1.2M-43.0%	$2.1M-8.1%	$2.2M-26.2%	$3.0M
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	$2.7M+49.3%	$1.8M+68.9%	$1.1M+5.9%	$1.0M-83.1%	$6.1M+16.1%	$5.2M+1.0%	$5.2M+42.2%	$3.6M
Current Liabilities	$1.2M+125.8%	$515K-52.4%	$1.1M+5.9%	$1.0M-83.1%	$6.1M+16.1%	$5.2M+1.0%	$5.2M+42.2%	$3.6M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$2.4M-156.6%	$4.3M+73.0%	$2.5M+60.1%	$1.6M+145.4%	-$3.4M-9.2%	-$3.1M-7.9%	-$2.9M-439.4%	-$540K
Retained Earnings	-$37.6M-18.0%	-$31.9M-21.2%	-$26.3M-36.4%	-$19.3M-27.1%	-$15.2M-3.5%	-$14.7M-1.5%	-$14.4M+14.3%	-$16.8M

GEDC Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	-$859K-2354.3%	-$35K+95.7%	-$820K-45.1%	-$565K-210.4%	-$182K+56.5%	-$418K
Capital Expenditures	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
Investing Cash Flow	-$1.5M+15.2%	-$1.7M-1547.6%	-$105K-176.3%	-$38K	N/A	$12K
Financing Cash Flow	$2.3M	N/A	-$50K-101.4%	$3.7M+6089.8%	$59K-88.8%	$529K
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	Q3'25	Q3'24	Q1'24	Q4'23	Q3'23	Q4'22	Q3'22	Q4'21
Operating Cash Flow	-$286K+22.1%	-$367K-73.1%	-$212K-4340.0%	$5K-96.4%	$138K+194.5%	-$146K+9.3%	-$161K+39.0%	-$264K
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+100.0%	-$382K-33.6%	-$286K+67.4%	-$876K-30.7%	-$670K-67100.0%	$1K0.0%	$1K	N/A
Financing Cash Flow	$500K-43.1%	$879K-12.1%	$1.0M	N/A	N/A	-$25K	$0+100.0%	-$26K
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

GEDC Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	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
Net Margin	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
Return on Assets	-204.9%-25.4pp	-179.5%-284.8pp	105.3%+323.6pp	-218.3%+37581.7pp	-37800.0%-36600.8pp	-1199.2%
Current Ratio	0.57+0.3	0.31-0.1	0.40-0.4	0.84+0.8	0.00-0.2	0.18
Debt-to-Equity	0.42-0.2	0.66+2.3	-1.66+5.1	-6.73-5.7	-1.00+0.2	-1.22
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q3'24	Q1'24	Q4'23	Q3'23	Q4'22	Q3'22	Q4'21
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	-229.3%-201.9pp	-27.3%+168.8pp	-196.1%	N/A	-3.7%	N/A	466.7%	N/A
Current Ratio	0.25-0.3	0.57-0.2	0.76+0.4	0.31+0.1	0.20-0.2	0.40-0.0	0.44-0.4	0.84
Debt-to-Equity	-1.12-1.5	0.42-0.0	0.43-0.2	0.66+2.4	-1.76-0.1	-1.66+0.1	-1.77+5.0	-6.73
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: The current ratio is below 1.0 (0.57), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

Is Calethos profitable?

No, Calethos (GEDC) reported a net income of -$12.6M in fiscal year 2024.

What is Calethos's earnings per share (EPS)?

Calethos (GEDC) reported diluted earnings per share of $-0.50 for fiscal year 2024. This represents a -108.3% 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 Calethos's operating cash flow?

Calethos (GEDC) generated -$859K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Calethos's total assets?

Calethos (GEDC) had $6.1M in total assets as of fiscal year 2024, including both current and long-term assets.

How many shares does Calethos have outstanding?

Calethos (GEDC) had 25M shares outstanding as of fiscal year 2024.

What is Calethos's current ratio?

Calethos (GEDC) had a current ratio of 0.57 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

What is Calethos's debt-to-equity ratio?

Calethos (GEDC) had a debt-to-equity ratio of 0.42 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Calethos's return on assets (ROA)?

Calethos (GEDC) had a return on assets of -204.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Calethos's cash runway?

Based on fiscal year 2024 data, Calethos (GEDC) had $286K in cash against an annual operating cash burn of $859K. This gives an estimated cash runway of approximately 4 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.

What is Calethos's Piotroski F-Score?

Calethos (GEDC) 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 Calethos's earnings high quality?

Calethos (GEDC) has an earnings quality ratio of 0.07x, 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 Calethos cover its interest payments?

Calethos (GEDC) has an interest coverage ratio of -5.0x, 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.