HARVARD APPRATS REG TCH (HRGN) Financials

HARVARD APPRATS REG TCH (HRGN) had EBITDA of -$6.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

HARVARD APPRATS REG TCH (HRGN) had a gross margin of 8.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

HARVARD APPRATS REG TCH (HRGN) has a return on equity of -649.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

HARVARD APPRATS REG TCH (HRGN) recorded an outflow of $3.8M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

HARVARD APPRATS REG TCH (HRGN) had $2.7M in total assets as of fiscal year 2025, including both current and long-term assets.

HARVARD APPRATS REG TCH (HRGN) invested $2.7M in research and development during fiscal year 2025.

HARVARD APPRATS REG TCH (HRGN) had 18M shares outstanding as of fiscal year 2025.

HARVARD APPRATS REG TCH (HRGN) had a current ratio of 1.19 as of fiscal year 2025, which is considered adequate.

HARVARD APPRATS REG TCH (HRGN) had a liabilities-to-equity ratio of 1.53 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.

HARVARD APPRATS REG TCH (HRGN) had a return on assets of -256.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

HARVARD APPRATS REG TCH (HRGN) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $40.0M as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

HARVARD APPRATS REG TCH (HRGN) trades at 40.7x sales, its market capitalization divided by $982K revenue, trailing 12 months to June 30, 2026. The market capitalization is $40.0M as of Oct 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

At the end of fiscal year 2025, HARVARD APPRATS REG TCH (HRGN) held $1.4M in cash, cash equivalents and investments, and reported an operating cash outflow of $3.8M over that year. Dividing the one by the other, the reported balance equals about 4 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.

HARVARD APPRATS REG TCH (HRGN) has an Altman Z-Score of -49.06, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

HARVARD APPRATS REG TCH (HRGN) has a Piotroski F-Score of 2 out of 8 computable signals; 1 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.

HARVARD APPRATS REG TCH (HRGN) reported a net loss of $6.9M while operations used $3.8M 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.

HARVARD APPRATS REG TCH (HRGN) reported an operating loss of $6.9M against $8K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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.