Lite Strategy (LITS) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 23, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-K for FY2026, filed Sep 28, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the LITS SEC filings page.
Lite Strategy, Inc. (LITS) reported $267K in revenue for fiscal year 2026, down 74.0% from the prior fiscal year. This page shows its 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).
Revenue has shrunk to a small fraction of its former scale, while cash movements show investment and financing rather than operating self-funding.
FY2024 earnings quality was weak: net income of$18.0M coincided with operating cash flow of-$50.5M , so reported profit did not translate into cash generated by operations. Free cash flow was also-$50.5M , reinforcing that the accounting profit did not reflect the business's cash demands.
Revenue fell from
FY2026 investing cash flow used
Financial Health Signals
Lite Strategy, Inc. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Lite Strategy, Inc. scores -0.79, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $475.3M against total assets of $42.7M. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Lite Strategy, Inc. passes 2 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, the one computable operating efficiency signal (asset turnover improving) does not pass.
Lite Strategy, Inc. reported a net loss of $71.2M while operations used $9.1M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Lite Strategy, Inc. earned -$0.38 per diluted share (EPS) in Q4 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Not reported for Q4 2026.
Not reported for Q4 2026.
Not reported for Q4 2026.
Cash & Balance Sheet
Lite Strategy, Inc. held $5.7M in cash as of Q4 2026; no long-term debt figure is on record for that period.
Not reported for Q4 2026.
Not reported for Q4 2026.
Margins & Returns
None of these metrics is reported for Q4 2026.
Capital Allocation
Lite Strategy, Inc. spent $2.9M on share buybacks in Q4 2026, returning capital to shareholders by reducing shares outstanding. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is up 61.8%.
Not reported for Q4 2026.
Not reported for Q4 2026.
LITS Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | $54K-73.3% | $60K-78.5% | N/A | N/A | $202Kn/m | $279Kn/m | $0-100.0% |
| R&D Expenses | N/A | $30K-91.9% | $46K-85.1% | $10K-99.7% | N/A | $369K-92.9% | $308K-92.1% | $3.2M-9.2% |
| SG&A Expenses | N/A | $2.7M+13.7% | $3.3M+5.2% | $3.1M-40.3% | N/A | $2.4M-47.8% | $3.1M-60.8% | $5.2M-20.5% |
| Operating Income | N/A | -$21.6Mn/m | -$29.9Mn/m | -$3.7Mn/m | N/A | -$2.8Mn/m | -$3.5Mn/m | -$8.4M-115.1% |
| EBITDA | N/A | -$21.6Mn/m | -$29.9Mn/m | -$3.7Mn/m | N/A | -$2.8Mn/m | -$3.5Mn/m | -$8.0M-114.4% |
| Net Income | N/A | -$23.7Mn/m | -$30.8Mn/m | -$3.6Mn/m | N/A | -$2.6Mn/m | -$2.7Mn/m | -$8.0M-114.2% |
| EPS (Basic) | -$0.38n/m | -$0.66 | -$0.82 | -$0.12 | -$0.40 | -$0.39n/m | -$0.40n/m | -$1.20-114.2% |
| EPS (Diluted) | -$0.38n/m | -$0.66 | -$0.82 | -$0.12 | -$0.40 | -$0.39n/m | -$0.40n/m | -$1.20-114.2% |
| Diluted Shares (Avg) | N/A | 36M | 37M | 29M | N/A | 7M0.0% | 7M0.0% | 7M0.0% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, Interest Expense, Income Tax.
LITS Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $42.7M+133.5% | $57.8M+178.1% | $82.9M+240.1% | $113.3M+308.4% | $18.3M-55.8% | $20.8M-70.8% | $24.4M-69.0% | $27.8M-72.6% |
| Current Assets | $6.1M-66.4% | $11.0M-47.2% | $10.9M-55.3% | $13.2M-52.3% | $18.3M-55.1% | $20.8M-65.0% | $24.4M-63.1% | $27.7M-68.6% |
| Cash & Equivalents | $5.7M-68.3% | $7.5M-63.1% | $8.8M-63.1% | $10.1M+45.5% | $18.0M+386.1% | $20.5M+764.5% | $23.7M+358.8% | $7.0M+106.2% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0-100.0% | $0-100.0% | $0-100.0% | $0-100.0% | $20.0M-74.7% |
| Accounts Receivable | N/A | N/A | N/A | N/A | $0n/m | $0n/m | $0n/m | $0n/m |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Total Liabilities | $1.1M-21.0% | $952K-23.1% | $1.1M-52.5% | $1.1M-62.8% | $1.4M-83.8% | $1.2M-93.9% | $2.3M-88.0% | $2.9M-85.6% |
| Current Liabilities | $1.1M-21.0% | $952K-23.1% | $1.1M-52.5% | $1.1M-62.8% | $1.4M-83.8% | $1.2M-87.1% | $2.3M-71.5% | $2.9M-66.5% |
| Non-Current Liabilities | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0-100.0% | $0-100.0% | $0-100.0% |
| Total Equity | $41.6M+145.8% | $56.8M+190.9% | $81.8M+270.4% | $112.3M+351.3% | $16.9M-48.7% | $19.5M-61.7% | $22.1M-62.9% | $24.9M-69.4% |
| Retained Earnings | -$475.3Mn/m | -$462.3Mn/m | -$438.6Mn/m | -$407.8Mn/m | -$404.2Mn/m | -$401.5Mn/m | -$398.9Mn/m | -$396.2Mn/m |
Not reported in any period shown, so not listed: Inventory, Goodwill, Long-Term Debt.
LITS Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.2Mn/m | -$1.5Mn/m | -$1.9Mn/m | -$4.5Mn/m | -$2.5Mn/m | -$3.3Mn/m | -$3.7Mn/m | -$11.4Mn/m |
| Depreciation & Amortization | $0n/m | $0n/m | $0n/m | $0-100.0% | $0-100.0% | $0-100.0% | $0-100.0% | $368K+323.0% |
| Stock-Based Compensation | N/A | N/A | N/A | $284Kn/m | N/A | $16K-97.6% | -$103K-112.1% | -$135K-137.2% |
| Capital Expenditures | N/A | N/A | N/A | N/A | $0n/m | $0n/m | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | -$2.5Mn/m | -$3.3Mn/m | N/A | N/A |
| Investing Cash Flow | $2.2Mn/m | $2.1Mn/m | $569K-97.2% | -$100.0M-780.4% | $0-100.0% | $0-100.0% | $20.5M-16.6% | $14.7M+196.5% |
| Financing Cash Flow | -$2.9Mn/m | -$1.8Mn/m | $5Kn/m | $96.6Mn/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Dividends Paid | N/A | N/A | N/A | N/A | $0n/m | $0n/m | N/A | N/A |
| Share Buybacks | $2.9Mn/m | $1.8Mn/m | N/A | N/A | $0 | $0 | N/A | N/A |
LITS Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | N/A | -40018.5% | -49778.3% | N/A | N/A | -1373.3% | -1236.9% | N/A |
| Net Margin | N/A | -43877.8% | -51331.7% | N/A | N/A | -1273.8% | -959.5% | N/A |
| Return on Equity | N/A | -41.7%-28.5pp | -37.6%-25.5pp | -3.2%+29.0pp | N/A | -13.2%+4.7pp | -12.1%+6.5pp | -32.2%-101.5pp |
| Return on Assets | N/A | -41.0%-28.6pp | -37.1%-26.2pp | -3.2%+25.6pp | N/A | -12.4%+0.4pp | -11.0%+3.1pp | -28.8%-84.5pp |
| Current Ratio | 5.74-7.8x | 11.53-5.3x | 10.04-0.6x | 12.39+2.7x | 13.50+8.6x | 16.78+10.6x | 10.66+2.4x | 9.66-0.7x |
| Liabilities-to-Equity | 0.03-0.1x | 0.020.0x | 0.01-0.1x | 0.01-0.1x | 0.08-0.2x | 0.06-0.3x | 0.10-0.2x | 0.12-0.1x |
| Asset Turnover | N/A | 0.000.0x | 0.000.0x | N/A | N/A | 0.010.0x | 0.010.0x | 0.00-0.6x |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | -1617.3% | N/A | N/A |
Not reported in any period shown, so not listed: Gross Margin, Debt-to-Equity.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Where Lite Strategy, Inc. Ranks
Frequently Asked Questions
What is Lite Strategy, Inc.'s annual revenue?
Lite Strategy, Inc. (LITS) reported $267K in total revenue for fiscal year 2026. This represents a -74.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Lite Strategy, Inc.'s revenue growing?
Lite Strategy, Inc. (LITS) revenue declined by 74.0% year-over-year, from $1.0M to $267K in fiscal year 2026.
Is Lite Strategy, Inc. profitable?
No, Lite Strategy, Inc. (LITS) reported a net loss of $71.2M in fiscal year 2026.
What is Lite Strategy, Inc.'s EBITDA?
Lite Strategy, Inc. (LITS) had EBITDA of -$66.6M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
What is Lite Strategy, Inc.'s return on equity (ROE)?
Lite Strategy, Inc. (LITS) has a return on equity of -170.9% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Lite Strategy, Inc.'s operating cash flow?
Lite Strategy, Inc. (LITS) recorded an outflow of $9.1M in operating cash flow during fiscal year 2026, representing cash used by core business activities.
What are Lite Strategy, Inc.'s total assets?
Lite Strategy, Inc. (LITS) had $42.7M in total assets as of fiscal year 2026, including both current and long-term assets.
How much does Lite Strategy, Inc. spend on research and development?
Lite Strategy, Inc. (LITS) invested $122K in research and development during fiscal year 2026.
What is Lite Strategy, Inc.'s current ratio?
Lite Strategy, Inc. (LITS) had a current ratio of 5.74 as of fiscal year 2026, which is generally considered healthy.
What is Lite Strategy, Inc.'s liabilities-to-equity ratio?
Lite Strategy, Inc. (LITS) had a liabilities-to-equity ratio of 0.03 as of fiscal year 2026, 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 2026, because the filing data we hold for that year carries no long-term debt figure.
What is Lite Strategy, Inc.'s return on assets (ROA)?
Lite Strategy, Inc. (LITS) had a return on assets of -166.7% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Lite Strategy, Inc.'s P/E ratio?
Lite Strategy, Inc. (LITS) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2026). The market capitalization is $35.3M as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Lite Strategy, Inc.'s price-to-sales ratio?
Lite Strategy, Inc. (LITS) trades at 132x sales, its market capitalization divided by $267K revenue, FY2026. The market capitalization is $35.3M as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Lite Strategy, Inc.'s liquidity compare with its operating cash outflow?
At the end of fiscal year 2026, Lite Strategy, Inc. (LITS) held $5.7M in cash, cash equivalents and investments, and reported an operating cash outflow of $9.1M over that year. Dividing the one by the other, the reported balance equals about 8 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.
What is Lite Strategy, Inc.'s Altman Z-Score?
Lite Strategy, Inc. (LITS) has an Altman Z-Score of -0.79, 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.
What is Lite Strategy, Inc.'s Piotroski F-Score?
Lite Strategy, Inc. (LITS) has a Piotroski F-Score of 2 out of 7 computable signals; 2 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.
Are Lite Strategy, Inc.'s earnings high quality?
Lite Strategy, Inc. (LITS) reported a net loss of $71.2M while operations used $9.1M 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.