HSPOW Financials
This page shows HSPOW (HSPOW) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 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 HSPOW'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.
HSPOW's current ratio of 0.01 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.
HSPOW passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass.
For every $1 of reported earnings, HSPOW generates $-2.88 in operating cash flow (-$586K OCF vs $204K 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
HSPOW reported $204K in net income in fiscal year 2025. This represents a decrease of 90.4% from the prior year.
Cash & Balance Sheet
HSPOW held $36K in cash against $0 in long-term debt as of fiscal year 2025.
HSPOW had 2M shares outstanding in fiscal year 2025. This represents an increase of 4.0% from the prior year.
Margins & Returns
Capital Allocation
HSPOW Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| 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 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | -$134K | N/A | -$87K+43.2% | -$154K-0.5% | -$153K | N/A | -$499K-222.1% | -$155K |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$124K | N/A | $149K+96.4% | $76K+6.2% | $71K | N/A | $296K-52.9% | $629K |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
HSPOW Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.2M-0.3% | $1.2M-94.7% | $23.1M+2.5% | $22.6M+2.4% | $22.0M+3.2% | $21.3M-65.7% | $62.3M+1.7% | $61.2M |
| Current Assets | $37K-27.5% | $51K+74.8% | $29K-48.1% | $56K-51.3% | $115K+1365.9% | $8K-94.7% | $148K+80.4% | $82K |
| Cash & Equivalents | $26K-27.6% | $36K+367.4% | $8K-42.1% | $13K-73.9% | $51K+550.1% | $8K-93.9% | $128K+485.9% | $22K |
| 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 | $7.4M+1.8% | $7.3M-74.9% | $29.0M+3.6% | $28.0M+3.9% | $26.9M+4.7% | $25.7M-61.1% | $66.1M+2.7% | $64.4M |
| Current Liabilities | $3.8M+3.3% | $3.7M+5.8% | $3.5M+13.8% | $3.1M+17.5% | $2.6M+31.3% | $2.0M+21.9% | $1.6M+84.7% | $880K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$6.2M-2.2% | -$6.0M-3.1% | -$5.9M-8.3% | -$5.4M-10.5% | -$4.9M-11.7% | -$4.4M-12.8% | -$3.9M-21.1% | -$3.2M |
| Retained Earnings | -$6.2M-2.2% | -$6.0M-3.1% | -$5.9M-8.3% | -$5.4M-10.5% | -$4.9M-11.7% | -$4.4M-12.8% | -$3.9M-21.1% | -$3.2M |
HSPOW Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$170K+24.7% | -$226K-3946.4% | -$6K+96.2% | -$148K+28.7% | -$207K+35.4% | -$320K-65.4% | -$194K+28.6% | -$271K |
| 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 | N/A | -$360K0.0% | -$360K0.0% | -$360K-100.9% | $41.5M+23152.3% | -$180K0.0% | -$180K |
| Financing Cash Flow | $160K | N/A | $360K-23.4% | $470K-23.0% | $610K+101.5% | -$41.3M-8702.9% | $480K+26.3% | $380K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $0 | N/A | N/A | N/A | $0 | N/A | N/A | N/A |
HSPOW Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| 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 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -10.1% | N/A | 0.6%+0.3pp | 0.3%+0.0pp | 0.3% | N/A | 0.5%-0.6pp | 1.0% |
| Current Ratio | 0.010.0 | 0.010.0 | 0.010.0 | 0.02-0.0 | 0.04+0.0 | 0.00-0.1 | 0.090.0 | 0.09 |
| Debt-to-Equity | -1.200.0 | -1.20+3.7 | -4.94+0.2 | -5.16+0.3 | -5.49+0.4 | -5.86+11.1 | -17.00+3.1 | -20.05 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$6.0M), 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.
Frequently Asked Questions
Is HSPOW profitable?
Yes, HSPOW (HSPOW) reported a net income of $204K in fiscal year 2025.
What is HSPOW's operating cash flow?
HSPOW (HSPOW) generated -$586K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are HSPOW's total assets?
HSPOW (HSPOW) had $1.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What is HSPOW's current ratio?
HSPOW (HSPOW) 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 HSPOW's debt-to-equity ratio?
HSPOW (HSPOW) had a debt-to-equity ratio of -1.20 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is HSPOW's return on assets (ROA)?
HSPOW (HSPOW) had a return on assets of 16.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is HSPOW's cash runway?
Based on fiscal year 2025 data, HSPOW (HSPOW) had $36K in cash against an annual operating cash burn of $586K. This gives an estimated cash runway of approximately 1 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 HSPOW's debt-to-equity ratio negative or unusual?
HSPOW (HSPOW) has negative shareholder equity of -$6.0M 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 HSPOW's Piotroski F-Score?
HSPOW (HSPOW) has a Piotroski F-Score of 3 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 HSPOW's earnings high quality?
HSPOW (HSPOW) has an earnings quality ratio of -2.88x, 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 HSPOW?
HSPOW (HSPOW) scores 0 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.