Lite Strategy Inc (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 Sep 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-K for Q3 FY2026, filed May 13, 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 $0 in revenue for fiscal year 2025, down 100.0% 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).
A sharp cost reset produced reported profit, but operating cash flow stayed deeply negative, exposing weak cash conversion.
In the latest valid year, net income of$17.8M coexisted with operating cash flow of-$50.5M , so reported earnings did not translate into cash. Free cash flow was virtually identical to operating cash flow while capital expenditures were only$7K , indicating the shortfall came from ongoing operations rather than reinvestment.
Expense compression is the clearest operating change: R&D fell from
Balance-sheet deleveraging was equally pronounced: total liabilities fell from
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 -17.00, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($36.1M) relative to total liabilities ($1.4M). 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 1 of 7 computable financial strength tests (2 of the nine could not be computed from available data). No profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
Lite Strategy Inc reported a net loss of $15.9M while operations used $20.8M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Lite Strategy Inc generated $54K in revenue in Q3 2026. This represents a decrease of 73.3% from the same quarter a year earlier. Against the prior quarter it is down 10.0%.
Lite Strategy Inc's EBITDA was -$21.6M in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 679.0% from the same quarter a year earlier. Against the prior quarter it is up 27.6%.
Lite Strategy Inc reported -$23.7M in net income in Q3 2026. This represents a decrease of 820.9% from the same quarter a year earlier. Against the prior quarter it is up 23.1%.
Lite Strategy Inc earned -$0.66 per diluted share (EPS) in Q3 2026. Against the prior quarter it is up 19.5%.
Cash & Balance Sheet
Lite Strategy Inc held $7.5M in cash as of Q3 2026; long-term debt is not reported for that period.
Not reported for Q3 2026.
Not reported for Q3 2026.
Margins & Returns
Lite Strategy Inc's ROE was -41.7% in Q3 2026, measuring profit generated per dollar of shareholder equity. This is down 28.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 4.1 percentage points.
Not reported for Q3 2026.
Not shown for Q3 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for Q3 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
Lite Strategy Inc invested $30K in research and development in Q3 2026. This represents a decrease of 91.9% from the same quarter a year earlier. Against the prior quarter it is down 34.8%.
Lite Strategy Inc spent $1.8M on share buybacks in Q3 2026, returning capital to shareholders by reducing shares outstanding.
Not reported for Q3 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 | Q3'2610-K | Q2'2610-Q | Q1'2610-K | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $54K-73.3% | $60K-78.5% | N/A | N/A | $202K | $279K | $0-100.0% | N/A |
| R&D Expenses | $30K-91.9% | $46K-85.1% | $10K-99.7% | N/A | $369K-92.9% | $308K-92.1% | $3.2M-9.2% | N/A |
| SG&A Expenses | $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% | N/A |
| Operating Income | -$21.6M-679.0% | -$29.9M-765.5% | -$3.7M+55.2% | N/A | -$2.8M+71.8% | -$3.5M+71.1% | -$8.4M-115.1% | N/A |
| EBITDA | -$21.6M-679.0% | -$29.9M-765.5% | -$3.7M+53.2% | N/A | -$2.8M+71.5% | -$3.5M+70.9% | -$8.0M-114.4% | N/A |
| Net Income | -$23.7M-820.9% | -$30.8M-1050.5% | -$3.6M+54.6% | N/A | -$2.6M+71.8% | -$2.7M+75.8% | -$8.0M-114.2% | N/A |
| EPS (Basic) | -$0.66-69.2% | -$0.82-105.0% | -$0.12+90.0% | -$0.40+85.5% | -$0.39+71.5% | -$0.40+75.9% | -$1.20-114.2% | -$2.76-82.8% |
| EPS (Diluted) | -$0.66 | -$0.82 | -$0.12 | -$0.40 | -$0.39+71.5% | -$0.40+75.9% | -$1.20-114.2% | -$2.76-82.8% |
| Diluted Shares (Avg) | 36M | 37M | 29M | N/A | 7M0.0% | 7M0.0% | 7M0.0% | N/A |
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 | Q3'2610-K | Q2'2610-Q | Q1'2610-K | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $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% | $41.4M-65.8% |
| Current Assets | $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% | $40.8M-62.1% |
| Cash & Equivalents | $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% | $3.7M-78.1% |
| Short-Term Investments | $0 | $0 | $0-100.0% | $0-100.0% | $0-100.0% | $0-100.0% | $20.0M-74.7% | $34.6M-58.7% |
| Accounts Receivable | N/A | N/A | N/A | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $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% | $8.4M-91.3% |
| Current Liabilities | $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% | $8.4M-58.9% |
| Non-Current Liabilities | $0 | $0 | $0 | $0 | $0-100.0% | $0-100.0% | $0-100.0% | $0-100.0% |
| Total Equity | $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% | $33.0M+34.1% |
| Retained Earnings | -$462.3M-15.1% | -$438.6M-10.0% | -$407.8M-2.9% | -$404.2M-4.1% | -$401.5M-8.6% | -$398.9M-10.6% | -$396.2M-13.3% | -$388.2M+4.4% |
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 | Q3'2610-K | Q2'2610-Q | Q1'2610-K | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.5M+53.5% | -$1.9M+47.4% | -$4.5M+60.6% | -$2.5M+86.3% | -$3.3M-11.6% | -$3.7M+66.8% | -$11.4M+38.1% | -$18.0M-59.3% |
| Depreciation & Amortization | $0 | $0 | $0-100.0% | $0-100.0% | $0-100.0% | $0-100.0% | $368K+323.0% | $125K+27.6% |
| Stock-Based Compensation | N/A | N/A | $284K+310.4% | N/A | $16K-97.6% | -$103K-112.1% | -$135K-137.2% | N/A |
| Capital Expenditures | N/A | N/A | N/A | $0 | $0 | N/A | N/A | $0 |
| Free Cash Flow | N/A | N/A | N/A | -$2.5M+86.3% | -$3.3M-11.6% | N/A | N/A | -$18.0M |
| Investing Cash Flow | $2.1M | $569K-97.2% | -$100.0M-780.4% | $0-100.0% | $0-100.0% | $20.5M-16.6% | $14.7M+196.5% | $19.5M+0.8% |
| Financing Cash Flow | -$1.8M | $5K | $96.6M | $0+100.0% | $0 | $0+100.0% | $0 | -$208K |
| Dividends Paid | N/A | N/A | N/A | $0 | $0 | N/A | N/A | $0 |
| Share Buybacks | $1.8M | N/A | N/A | N/A | $0 | N/A | 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 | Q3'2610-K | Q2'2610-Q | Q1'2610-K | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | -40018.5% | -49778.3% | N/A | N/A | -1373.3% | -1236.9% | N/A | N/A |
| Net Margin | -43877.8% | -51331.7% | N/A | N/A | -1273.8% | -959.5% | N/A | N/A |
| Return on Equity | -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 | N/A |
| Return on Assets | -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 | N/A |
| Current Ratio | 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 | 4.88-0.4x |
| Debt-to-Equity | 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 | 0.25-3.7x |
| Asset Turnover | 0.000.0x | 0.000.0x | N/A | N/A | 0.010.0x | 0.010.0x | 0.00-0.6x | N/A |
| FCF Margin | N/A | N/A | N/A | N/A | -1617.3% | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Gross Margin.
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 $0 in total revenue for fiscal year 2025. This represents a -100.0% 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 100.0% year-over-year, from $65.3M to $0 in fiscal year 2025.
Is Lite Strategy Inc profitable?
No, Lite Strategy Inc (LITS) reported a net income of -$15.9M in fiscal year 2025.
What is Lite Strategy Inc's EBITDA?
Lite Strategy Inc (LITS) had EBITDA of -$17.1M in fiscal year 2025, 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 -94.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Lite Strategy Inc's free cash flow?
Lite Strategy Inc (LITS) recorded an outflow of $20.8M in free cash flow during fiscal year 2025. This represents a 58.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Lite Strategy Inc's operating cash flow?
Lite Strategy Inc (LITS) recorded an outflow of $20.8M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Lite Strategy Inc's total assets?
Lite Strategy Inc (LITS) had $18.3M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Lite Strategy Inc's capital expenditures?
Lite Strategy Inc (LITS) reported no capital expenditure during fiscal year 2025.
How much does Lite Strategy Inc spend on research and development?
Lite Strategy Inc (LITS) invested $3.9M in research and development during fiscal year 2025.
What is Lite Strategy Inc's current ratio?
Lite Strategy Inc (LITS) had a current ratio of 13.50 as of fiscal year 2025, which is generally considered healthy.
What is Lite Strategy Inc's debt-to-equity ratio?
Lite Strategy Inc (LITS) had a debt-to-equity ratio of 0.08 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Lite Strategy Inc's return on assets (ROA)?
Lite Strategy Inc (LITS) had a return on assets of -87.2% for fiscal year 2025, 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 (FY2025). The market capitalization is $36.1M as of Sep 10, 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) has no price-to-sales ratio at the moment: revenue is not positive (FY2025). The market capitalization is $36.1M as of Sep 10, 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 2025, Lite Strategy Inc (LITS) held $18.0M in cash, cash equivalents and investments, and reported an operating cash outflow of $20.8M over that year. Dividing the one by the other, the reported balance equals about 10 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 -17.00, 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 1 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 $15.9M while operations used $20.8M 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.