GridAI Tech Financials
This page shows GridAI Tech (GRDX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 11 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
Based on FY2025 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 GridAI Tech'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.
GridAI Tech has an operating margin of -19540.0%, meaning the company retains $-19540 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.
GridAI Tech carries a low D/E ratio of 0.79, meaning only $0.79 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 86/100, indicating a strong balance sheet with room for future borrowing.
GridAI Tech's current ratio of 0.17 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.
GridAI Tech generates a -25.6% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100.
GridAI Tech passes 2 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
For every $1 of reported earnings, GridAI Tech generates $0.89 in operating cash flow (-$5.7M OCF vs -$6.4M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
GridAI Tech generated $36K in revenue in fiscal year 2025.
GridAI Tech's EBITDA was -$6.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 58.2% from the prior year.
GridAI Tech reported -$6.4M in net income in fiscal year 2025. This represents an increase of 64.6% from the prior year.
GridAI Tech earned $-4.16 per diluted share (EPS) in fiscal year 2025. This represents an increase of 74.0% from the prior year.
Cash & Balance Sheet
GridAI Tech held $900K in cash against $0 in long-term debt as of fiscal year 2025.
GridAI Tech had 3M shares outstanding in fiscal year 2025. This represents an increase of 112.2% from the prior year.
Margins & Returns
GridAI Tech's gross margin was -1813.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs.
GridAI Tech's operating margin was -19540.0% in fiscal year 2025, reflecting core business profitability.
GridAI Tech's net profit margin was -17634.4% in fiscal year 2025, showing the share of revenue converted to profit.
GridAI Tech's ROE was -25.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity.
Capital Allocation
GridAI Tech invested $925K in research and development in fiscal year 2025. This represents an increase of 2.4% from the prior year.
GRDX Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $38K | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | $652K | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | -$614K | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | $631K | N/A | $7K-37.2% | $11K-32.8% | $16K | N/A | $207K-5.7% | $220K |
| SG&A Expenses | $2.4M | N/A | $928K+47.7% | $628K-22.0% | $806K | N/A | $1.7M-47.4% | $3.2M |
| Operating Income | -$3.6M | N/A | -$935K-46.3% | -$639K+22.2% | -$821K | N/A | -$1.9M+44.8% | -$3.4M |
| Interest Expense | N/A | N/A | N/A | N/A | $18K | N/A | -$229-5.0% | -$218 |
| Income Tax | -$298K | N/A | N/A | N/A | N/A | N/A | N/A | $4.3M |
| Net Income | -$3.4M | N/A | -$1.2M-15.5% | -$998K+20.7% | -$1.3M | N/A | -$2.6M+70.7% | -$8.8M |
| EPS (Diluted) | $-0.82 | N/A | $-0.75-257.1% | $-0.21+75.0% | $-0.84 | N/A | $-1.76+54.4% | $-3.86 |
GRDX Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $48.0M-1.2% | $48.6M-64.1% | $135.4M+59.1% | $85.1M-0.2% | $85.2M-0.2% | $85.4M-0.5% | $85.8M-0.5% | $86.3M |
| Current Assets | $2.6M-0.4% | $2.6M-97.0% | $87.7M+5.3% | $83.3M-0.2% | $83.5M0.0% | $83.5M-0.4% | $83.8M-0.6% | $84.4M |
| Cash & Equivalents | $386K-57.2% | $900K-64.3% | $2.5M+56163.3% | $4K-92.5% | $59K-63.7% | $163K-55.4% | $367K-44.6% | $662K |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $41K+37.8% | $30K-20.0% | $37K | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $24.1M0.0% | $24.1M-6.5% | $25.8M+1431.7% | $1.7M0.0% | $1.7M0.0% | $1.7M0.0% | $1.7M0.0% | $1.7M |
| Total Liabilities | $20.5M+3.8% | $19.7M-81.7% | $107.5M+17.7% | $91.4M+1.0% | $90.4M+1.3% | $89.3M+15.3% | $77.5M+0.4% | $77.2M |
| Current Liabilities | $16.2M+7.1% | $15.2M-54.8% | $33.5M+12.9% | $29.7M+3.3% | $28.7M+4.3% | $27.5M+75.6% | $15.7M+2.0% | $15.4M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $23.6M-5.4% | $24.9M-10.5% | $27.9M+542.7% | -$6.3M-20.7% | -$5.2M-34.6% | -$3.9M-146.3% | $8.4M-8.2% | $9.1M |
| Retained Earnings | -$212.1M-1.6% | -$208.8M-1.4% | -$205.8M-0.6% | -$204.6M-0.5% | -$203.6M-0.6% | -$202.4M-6.4% | -$190.1M-1.4% | -$187.6M |
GRDX Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.8M+55.0% | -$4.0M-364.4% | -$856K-1459.3% | -$55K+93.3% | -$819K-377.3% | -$172K+90.7% | -$1.8M+46.4% | -$3.5M |
| 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 | N/A | -$13K | N/A | N/A | N/A | $0 | $0 | $0 |
| Financing Cash Flow | $1.5M-32.8% | $2.2M-28.5% | $3.0M | $0-100.0% | $700K+2301.4% | -$32K-102.0% | $1.6M+127.9% | $681K |
| 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 |
GRDX Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | -1606.3% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | -9460.1% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | -8999.9% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | -14.6% | N/A | -4.1% | N/A | N/A | N/A | -30.8%+65.7pp | -96.6% |
| Return on Assets | -7.2% | N/A | -0.9%+0.3pp | -1.2%+0.3pp | -1.5% | N/A | -3.0%+7.2pp | -10.2% |
| Current Ratio | 0.16-0.0 | 0.17-2.4 | 2.62-0.2 | 2.81-0.1 | 2.90-0.1 | 3.03-2.3 | 5.34-0.1 | 5.49 |
| Debt-to-Equity | 0.87+0.1 | 0.79-3.1 | 3.86+18.4 | -14.51+2.8 | -17.33+5.7 | -23.03-32.3 | 9.25+0.8 | 8.46 |
| 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 (0.17), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Frequently Asked Questions
What is GridAI Tech's annual revenue?
GridAI Tech (GRDX) reported $36K in total revenue for fiscal year 2025. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Is GridAI Tech profitable?
No, GridAI Tech (GRDX) reported a net income of -$6.4M in fiscal year 2025, with a net profit margin of -17634.4%.
What is GridAI Tech's EBITDA?
GridAI Tech (GRDX) had EBITDA of -$6.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is GridAI Tech's gross margin?
GridAI Tech (GRDX) had a gross margin of -1813.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is GridAI Tech's operating margin?
GridAI Tech (GRDX) had an operating margin of -19540.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is GridAI Tech's net profit margin?
GridAI Tech (GRDX) had a net profit margin of -17634.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is GridAI Tech's return on equity (ROE)?
GridAI Tech (GRDX) has a return on equity of -25.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is GridAI Tech's operating cash flow?
GridAI Tech (GRDX) generated -$5.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are GridAI Tech's total assets?
GridAI Tech (GRDX) had $48.6M in total assets as of fiscal year 2025, including both current and long-term assets.
How much does GridAI Tech spend on research and development?
GridAI Tech (GRDX) invested $925K in research and development during fiscal year 2025.
What is GridAI Tech's current ratio?
GridAI Tech (GRDX) had a current ratio of 0.17 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is GridAI Tech's debt-to-equity ratio?
GridAI Tech (GRDX) had a debt-to-equity ratio of 0.79 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is GridAI Tech's return on assets (ROA)?
GridAI Tech (GRDX) had a return on assets of -13.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is GridAI Tech's cash runway?
Based on fiscal year 2025 data, GridAI Tech (GRDX) had $900K in cash against an annual operating cash burn of $5.7M. This gives an estimated cash runway of approximately 2 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 GridAI Tech's Piotroski F-Score?
GridAI Tech (GRDX) 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 GridAI Tech's earnings high quality?
GridAI Tech (GRDX) has an earnings quality ratio of 0.89x, 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.
How financially healthy is GridAI Tech?
GridAI Tech (GRDX) scores 14 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.