Graphene Solar T Financials
This page shows Graphene Solar T (GSTX) 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
Graphene Solar T passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass.
For every $1 of reported earnings, Graphene Solar T generates $0.13 in operating cash flow (-$430K OCF vs -$3.3M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Graphene Solar T earns $-16.3 in operating income for every $1 of interest expense (-$3.1M vs $188K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Graphene Solar T's EBITDA was -$3.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 19.5% from the prior year.
Graphene Solar T reported -$3.3M in net income in fiscal year 2025. This represents a decrease of 25.1% from the prior year.
Graphene Solar T earned $0.00 per diluted share (EPS) in fiscal year 2025. This represents an increase of 100.0% from the prior year.
Graphene Solar T held $57K in cash against $0 in long-term debt as of fiscal year 2025.
Graphene Solar T had 718M shares outstanding in fiscal year 2025. This represents an increase of 27.1% from the prior year.
Graphene Solar T's ROE was 72.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 20.6 percentage points from the prior year.
GSTX Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | 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 | N/A | $19K-70.4% | $63K+211.9% | $20K | N/A | $30K+133.3% | $13K-47.5% | $24K |
| Operating Income | N/A | -$804K-31.5% | -$611K+36.7% | -$966K | N/A | -$305K+9.7% | -$338K-6.5% | -$317K |
| Interest Expense | N/A | $74K+109.0% | $35K+80.3% | $20K | N/A | $13K+3.2% | $13K+26.6% | $10K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | N/A | -$878K-36.0% | -$645K+38.1% | -$1.0M | N/A | -$418K-11.1% | -$376K-1.9% | -$369K |
| EPS (Diluted) | N/A | $0.00 | $0.00 | $0.00 | N/A | $0.00 | $0.00 | $0.00 |
GSTX Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $313K-19.8% | $391K-4.5% | $409K-7.7% | $443K+44.3% | $307K+2062.7% | $14K-2.3% | $15K-61.2% | $37K |
| Current Assets | $69K+27.1% | $54K-15.5% | $64K-43.8% | $114K+725.9% | $14K+10.4% | $12K-2.2% | $13K-64.1% | $36K |
| Cash & Equivalents | $57K+34.1% | $43K-19.5% | $53K-48.4% | $103K+5483.7% | $2K+70.4% | $1K-28.7% | $2K-93.6% | $24K |
| 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 | $4.9M-1.3% | $4.9M+16.3% | $4.2M+11.5% | $3.8M+21.0% | $3.1M+32.4% | $2.4M-57.9% | $5.6M+3.8% | $5.4M |
| Current Liabilities | $4.8M-0.9% | $4.9M+13.6% | $4.3M+15.3% | $3.7M+22.6% | $3.0M+27.4% | $2.4M-57.9% | $5.6M+3.8% | $5.4M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$4.6M-0.3% | -$4.5M-18.6% | -$3.8M-16.9% | -$3.3M-15.5% | -$2.8M-20.2% | -$2.4M+58.0% | -$5.6M-4.2% | -$5.4M |
| Retained Earnings | -$74.3M-1.0% | -$73.6M-1.2% | -$72.7M-0.9% | -$72.1M-1.5% | -$71.0M-2.1% | -$69.5M-0.6% | -$69.1M-0.5% | -$68.7M |
GSTX Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$102K-67.6% | -$61K+63.4% | -$167K-67.6% | -$100K-132.2% | -$43K-501.4% | $11K+129.3% | -$36K-33.4% | -$27K |
| 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 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | $37K-22.9% | $48K-60.0% | $120K-39.9% | $199K+392.9% | $40K+217.5% | $13K-11.6% | $14K-71.3% | $50K |
| 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 |
GSTX Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| 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 | 19.3%+2.5pp | 16.8%-15.0pp | 31.8% | N/A | 17.7%+11.0pp | 6.7%-0.2pp | 6.8% |
| Return on Assets | N/A | -224.7%-66.9pp | -157.8%+77.7pp | -235.5% | N/A | -2948.4%-355.0pp | -2593.4%-1607.4pp | -986.0% |
| Current Ratio | 0.010.0 | 0.010.0 | 0.01-0.0 | 0.03+0.0 | 0.000.0 | 0.010.0 | 0.000.0 | 0.01 |
| Debt-to-Equity | -1.07+0.0 | -1.09+0.0 | -1.11+0.1 | -1.16-0.1 | -1.11-0.1 | -1.010.0 | -1.000.0 | -1.01 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$4.6M), 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 (0.01), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
Is Graphene Solar T profitable?
No, Graphene Solar T (GSTX) reported a net income of -$3.3M in fiscal year 2025.
What is Graphene Solar T's earnings per share (EPS)?
Graphene Solar T (GSTX) reported diluted earnings per share of $0.00 for fiscal year 2025. This represents a 100.0% 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 Graphene Solar T's EBITDA?
Graphene Solar T (GSTX) had EBITDA of -$3.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Graphene Solar T's return on equity (ROE)?
Graphene Solar T (GSTX) has a return on equity of 72.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Graphene Solar T's operating cash flow?
Graphene Solar T (GSTX) generated -$430K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Graphene Solar T's total assets?
Graphene Solar T (GSTX) had $313K in total assets as of fiscal year 2025, including both current and long-term assets.
How many shares does Graphene Solar T have outstanding?
Graphene Solar T (GSTX) had 718M shares outstanding as of fiscal year 2025.
What is Graphene Solar T's current ratio?
Graphene Solar T (GSTX) had a current ratio of 0.01 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Graphene Solar T's debt-to-equity ratio?
Graphene Solar T (GSTX) had a debt-to-equity ratio of -1.07 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Graphene Solar T's return on assets (ROA)?
Graphene Solar T (GSTX) had a return on assets of -1055.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Graphene Solar T's cash runway?
Based on fiscal year 2025 data, Graphene Solar T (GSTX) had $57K in cash against an annual operating cash burn of $430K. 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.
Why is Graphene Solar T's debt-to-equity ratio negative or unusual?
Graphene Solar T (GSTX) has negative shareholder equity of -$4.6M as of fiscal year 2025, 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 Graphene Solar T's Piotroski F-Score?
Graphene Solar T (GSTX) 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 Graphene Solar T's earnings high quality?
Graphene Solar T (GSTX) has an earnings quality ratio of 0.13x, 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 Graphene Solar T cover its interest payments?
Graphene Solar T (GSTX) has an interest coverage ratio of -16.3x, 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.