What is NOCOPI TECHS INC's earnings per share (EPS)?

NOCOPI TECHS INC (NNUP) reported diluted earnings per share of -$0.01 for fiscal year 2025. This represents a 94.4% 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.

NOCOPI TECHS INC (NNUP) Financials

NNUP

Trailing 12 months to June 30, 2026

Revenue $2.0M -4.5% YoY

Net Income -$656K +3.3% YoY

EPS (Diluted) -$0.05 +13.8% YoY

Free Cash Flow $542K -31.7% YoY

Market Cap $20.6M as of Oct 13, 2026

Price / Sales 10.2x on $2.0M revenue, trailing 12 months to June 30, 2026

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026

Price / Book 1.4x on $14.4M equity, Q2 FY2026

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 13, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 13, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the NNUP SEC filings page.

NOCOPI TECHS INC (NNUP) reported $2.0M in revenue over the twelve months to Jun 30, 2026, down 4.5% from the prior twelve months. 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).

Rhea AI NNUP FY2025 2026-10-04

Nocopi’s smaller 2025 business shows sharply reduced overhead, positive cash generation, and losses still driven by operating costs.

FY2025 paired operating cash flow of $714K with a net loss of $155K, so accounting losses did not translate into cash outflow. The same divergence appeared in FY2024, when positive operating cash flow coexisted with a net loss, while capital spending was only $10K; cash generation therefore was not being absorbed by reinvestment.

Revenue fell to $1.5M in FY2025 from $2.1M in FY2024, indicating the improvement was not volume-led. Gross margin rose to 54.5% from 51.9%, pointing to modest margin improvement despite the smaller top line.

SG&A fell to $952K, helping cut the operating loss to $601K in FY2025. Total liabilities were $434K against $14.0M of assets, indicating a balance sheet funded far more by equity than obligations.

Financial Health Signals

Financial health score not available

NOCOPI TECHS 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.

Altman Z-Score Safe

28.27

NOCOPI TECHS INC scores 28.27, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($20.6M) relative to total liabilities ($434K). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

4/8

NOCOPI TECHS INC passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality Mixed

N/A

NOCOPI TECHS INC reported a net loss of $155K while generating $714K in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

NOCOPI TECHS INC reported an operating loss of $601K against $24K 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.

Key Financial Metrics

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Earnings & Revenue

Revenue

$961K

YoY+166.9%

QoQ+146.6%

5Y CAGR+13.3%

10Y CAGR+16.8%

NOCOPI TECHS INC generated $961K in revenue in Q2 2026. This represents an increase of 166.9% from the same quarter a year earlier. Against the prior quarter it is up 146.6%.

EBITDA

-$558K

YoY-226.4%

QoQ-250.4%

NOCOPI TECHS INC's EBITDA was -$558K in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 226.4% from the same quarter a year earlier. Against the prior quarter it is down 250.4%.

Net Income

-$472K

YoY-705.3%

QoQ-657.5%

NOCOPI TECHS INC reported -$472K in net income in Q2 2026. This represents a decrease of 705.3% from the same quarter a year earlier. Against the prior quarter it is down 657.5%.

EPS (Diluted)

-$0.04

QoQ-566.7%

NOCOPI TECHS INC earned -$0.04 per diluted share (EPS) in Q2 2026. Against the prior quarter it is down 566.7%.

Cash & Balance Sheet

Free Cash Flow

$324K

YoY+278.8%

QoQ+898.7%

NOCOPI TECHS INC generated $324K in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 278.8% from the same quarter a year earlier. Against the prior quarter it is up 898.7%.

Cash & Debt

$10.7M

YoY-5.4%

QoQ-10.3%

5Y CAGR+41.1%

10Y CAGR+55.1%

NOCOPI TECHS INC held $10.7M in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding

12M

QoQ+5.8%

5Y CAGR-29.5%

10Y CAGR-14.8%

NOCOPI TECHS INC had 12M shares outstanding in Q2 2026. Against the prior quarter it is up 5.8%.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin

37.2%

YoY-16.0pp

QoQ-11.7pp

5Y change-17.3pp

10Y change-30.3pp

NOCOPI TECHS INC's gross margin was 37.2% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 16.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 11.7 percentage points.

Operating Margin

-59.1%

YoY-11.2pp

QoQ-17.6pp

5Y change-67.3pp

10Y change-54.5pp

NOCOPI TECHS INC's operating margin was -59.1% in Q2 2026, reflecting core business profitability. This is down 11.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 17.6 percentage points.

Net Margin

-49.1%

YoY-32.8pp

QoQ-33.1pp

5Y change-57.4pp

10Y change-42.9pp

NOCOPI TECHS INC's net profit margin was -49.1% in Q2 2026, showing the share of revenue converted to profit. This is down 32.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 33.1 percentage points.

Return on Equity

-3.3%

YoY-2.8pp

QoQ-2.8pp

5Y change-4.5pp

NOCOPI TECHS INC's ROE was -3.3% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 2.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.8 percentage points.

Capital Allocation

R&D Spending

$48K

YoY+11.8%

QoQ-13.4%

5Y CAGR+1.1%

10Y CAGR+4.1%

NOCOPI TECHS INC invested $48K in research and development in Q2 2026. This represents an increase of 11.8% from the same quarter a year earlier. Against the prior quarter it is down 13.4%.

Capital Expenditures

QoQ-100.0%

NOCOPI TECHS INC reported no capital expenditure in Q2 2026. Against the prior quarter it is down 100.0%.

Share Buybacks

Not reported for Q2 2026.

NNUP 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.

NNUP quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$2.0M	$1.5M-29.5%	$2.1M+1.6%	$2.1M-55.0%	$4.6M+137.1%	$2.0M-26.6%	$2.7M+4.8%	$2.5M-24.1%	$3.3M+113.3%	$1.6M+13.3%	$1.4M+45.5%	$951K+3.0%	$923K+23.0%	$750K+17.8%	$637K-10.7%	$714K
Cost of Revenue	$1.1M	$680K-33.1%	$1.0M+3.6%	$982K+34.9%	$728K-1.4%	$738K-34.3%	$1.1M+33.5%	$842K+50.0%	$561K+26.7%	$443K+0.2%	$442K+32.8%	$333K+2.7%	$324K+13.6%	$286K+41.3%	$202K-23.0%	$262K
Gross Profit	$896K	$813K-26.1%	$1.1M-0.1%	$1.1M-71.7%	$3.9M+221.3%	$1.2M-20.9%	$1.5M-9.5%	$1.7M-39.0%	$2.8M+147.4%	$1.1M+19.4%	$941K+52.4%	$618K+3.2%	$599K+28.8%	$465K+6.8%	$435K-3.6%	$451K
R&D Expenses	$196K	$180K+1.0%	$178K+9.1%	$163K+16.4%	$140K-22.6%	$182K+4.6%	$174K+4.8%	$166K+8.1%	$153K+4.7%	$146K+5.4%	$139K+8.4%	$128K+5.3%	$122K+8.7%	$112K+2.3%	$109K-3.8%	$114K
SG&A Expenses	$1.1M	$952K-75.6%	$3.9M+53.6%	$2.5M+108.2%	$1.2M+69.5%	$719K+36.7%	$526K+33.6%	$394K+6.6%	$369K+16.3%	$318K+7.7%	$295K-9.5%	$326K+28.5%	$253K+29.8%	$195K-35.4%	$302K-14.6%	$354K
Operating Income	-$1.1M	-$601K+81.8%	-$3.3M-76.4%	-$1.9M-191.5%	$2.0M+8016.7%	$25K-94.7%	$479K-40.6%	$806K-56.9%	$1.9M+360.4%	$406K+49.5%	$272K+802.3%	-$39K-233.4%	$29K+324.8%	-$13K+91.0%	-$144K+21.7%	-$184K
EBITDA	N/A	-$595K+81.8%	-$3.3M-79.3%	-$1.8M-187.7%	$2.1M+3633.4%	$56K-88.9%	$501K-38.7%	$817K-56.5%	$1.9M+353.8%	$414K+48.3%	$279K+956.1%	-$33K-198.8%	$33K+375.0%	-$12K+91.5%	-$141K+20.9%	-$178K
Interest Expense	$24K	$24K+3.4%	$23K+56.4%	$15K+645.0%	$2K-9.1%	$2K-68.1%	$7K-36.1%	$11K-12.2%	$12K-52.0%	$26K+92.5%	$13K-62.6%	$36K+64.8%	$22K+32.5%	$16K+61.4%	$10K-1.9%	$10K
Income Tax	$0	$0	$0+100.0%	-$123K-141.7%	$295K+5266.7%	-$6K+68.5%	-$18K-134.6%	$52K-74.6%	$206K	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$656K	-$155K+94.2%	-$2.7M-86.6%	-$1.4M-179.2%	$1.8M+3570.2%	$49K-90.3%	$508K-32.7%	$755K-54.4%	$1.7M+334.3%	$381K+47.5%	$259K+1536.1%	-$18K-333.8%	$8K-25.2%	$10K+107.0%	-$146K-435.2%	-$27K
EPS (Basic)	N/A	-$0.01+94.4%	-$0.25-66.7%	-$0.15-162.5%	$0.24+2300.0%	$0.010.0%	$0.010.0%	$0.01-66.7%	$0.03+200.0%	$0.01	$0.00	$0.00	$0.00	$0.00	$0.00	N/A
EPS (Diluted)	-$0.05	-$0.01+94.4%	-$0.25-66.7%	-$0.15-162.5%	$0.24	$0.01	$0.010.0%	$0.01-66.7%	$0.03+200.0%	$0.01	$0.00	$0.00	$0.00	$0.00	$0.00	N/A
Diluted Shares (Avg)	N/A	11M+2.5%	11M+8.9%	10M+27.5%	8M	7M	64M+7.2%	60M+1.5%	59M+0.1%	59M+0.5%	59M0.0%	59M0.0%	59M-0.1%	59M+0.2%	59M	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$961K+166.9%	$390K-18.6%	$269K-54.6%	$386K-42.3%	$360K-21.6%	$479K+20.3%	$592K+86.5%	$668K+16.2%
Cost of Revenue	$604K+258.2%	$199K-3.0%	$98K-63.3%	$208K-27.7%	$169K-26.3%	$205K-11.8%	$268K+64.9%	$288K-7.1%
Gross Profit	$357K+86.6%	$191K-30.4%	$171K-47.3%	$178K-53.3%	$192K-16.8%	$274K+65.3%	$324K+109.1%	$380K+43.5%
R&D Expenses	$48K+11.8%	$56K+24.0%	$48K-5.9%	$44K0.0%	$43K+2.6%	$45K+8.7%	$51K+17.5%	$44K+9.5%
SG&A Expenses	$237K+262.5%	$222K-0.8%	$458K-34.8%	$205K-71.8%	$65K-94.8%	$224K-81.6%	$703K-45.1%	$727K-12.8%
Operating Income	-$568K-229.1%	-$162K-88.2%	-$200K+61.2%	-$143K+70.4%	-$173K+84.9%	-$86K+92.6%	-$516K+57.7%	-$482K+29.0%
EBITDA	-$558K-226.4%	-$159K-89.2%	N/A	N/A	-$171K+85.0%	-$84K+92.7%	-$512K+57.6%	-$478K+28.1%
Interest Expense	$6K+1.6%	$6K+1.7%	$6K0.0%	$6K+5.2%	$6K+5.2%	$6K+3.5%	$6K+1.7%	$6K+45.0%
Income Tax	$0	$0	$0	$0	$0	$0	$0	$0+100.0%
Net Income	-$472K-705.3%	-$62K-344.3%	-$95K+75.9%	-$27K+89.3%	-$59K+94.2%	$26K+102.5%	-$394K+63.9%	-$251K+44.6%
EPS (Basic)	-$0.04-300.0%	-$0.01-400.0%	$0.00+86.7%	$0.00+100.0%	-$0.01+90.0%	$0.00+102.0%	-$0.03+72.7%	-$0.02+60.0%
EPS (Diluted)	-$0.04	-$0.01-400.0%	$0.00	$0.00+100.0%	-$0.01	$0.00+102.0%	-$0.03+72.7%	-$0.02+60.0%
Diluted Shares (Avg)	11M	11M+2.5%	N/A	11M+2.8%	11M	11M+2.8%	N/A	11M+8.7%

NNUP Balance Sheet

NNUP quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$14.0M+0.8%	$13.9M-0.5%	$14.0M+45.5%	$9.6M+153.8%	$3.8M-2.2%	$3.9M+9.7%	$3.5M+40.4%	$2.5M+209.7%	$813K+45.6%	$558K+61.8%	$345K-13.0%	$396K+12.7%	$352K+152.0%	$140K+36.1%	$103K
Current Assets	$13.1M+4.1%	$12.6M+3.9%	$12.1M+72.2%	$7.0M+106.8%	$3.4M+10.9%	$3.1M+33.1%	$2.3M+99.1%	$1.2M+44.9%	$798K+47.0%	$543K+67.6%	$324K-14.3%	$378K+8.0%	$350K+152.0%	$139K+40.6%	$99K
Cash & Equivalents	$11.6M+6.6%	$10.8M+377.7%	$2.3M+147.4%	$917K-50.3%	$1.8M+35.5%	$1.4M+98.1%	$688K+71.7%	$401K+11.2%	$360K+81.0%	$199K+1646.5%	$11K-59.3%	$28K-47.1%	$53K+156.8%	$21K-10.0%	$23K
Short-Term Investments	$0	$0-100.0%	$8.0M+82.1%	$4.4M	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$457K+30.7%	$350K-22.0%	$448K-7.9%	$486K+15.1%	$423K+30.1%	$325K+153.9%	$128K-4.2%	$134K+20.7%	$111K+56.0%	$71K+93.7%	$37K-15.9%	$44K+52.6%	$29K+9.6%	$26K	N/A
Accounts Receivable	$937K-24.1%	$1.2M+10.2%	$1.1M+1.6%	$1.1M+13.7%	$971K-24.2%	$1.3M-5.3%	$1.4M+133.6%	$579K+98.2%	$292K+20.0%	$243K-3.9%	$253K-12.0%	$288K+21.4%	$237K+246.1%	$69K+115.4%	$32K
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$434K+54.0%	$282K-82.6%	$1.6M+102.2%	$799K+181.3%	$284K-32.4%	$420K-43.4%	$743K+35.0%	$550K-7.9%	$597K-19.0%	$738K-5.8%	$783K-6.2%	$834K+4.4%	$799K+31.9%	$606K+38.7%	$437K
Current Liabilities	$291K+52.1%	$191K-87.1%	$1.5M+144.1%	$609K+200.5%	$203K-23.5%	$265K-43.3%	$468K+35.1%	$346K-42.0%	$597K-19.0%	$738K+7.2%	$688K-14.3%	$803K+14.6%	$701K+15.6%	$606K+38.7%	$437K
Non-Current Liabilities	$143K-49.2%	$282K+119.0%	$129K-32.2%	$190K+133.5%	$81K-47.5%	$155K-43.6%	$275K+35.0%	$204K	$0	$0-100.0%	$95K+198.7%	$32K-67.8%	$99K	$0	$0
Total Equity	$13.6M-0.3%	$13.6M+10.2%	$12.4M+40.4%	$8.8M+151.6%	$3.5M+1.5%	$3.5M+23.8%	$2.8M+41.8%	$2.0M+813.9%	$215K+219.8%	-$180K+59.0%	-$438K0.0%	-$438K+2.1%	-$448K+4.0%	-$467K-39.5%	-$334K
Retained Earnings	-$12.2M-1.3%	-$12.0M-28.6%	-$9.4M-18.1%	-$7.9M+18.6%	-$9.7M+0.5%	-$9.8M+4.9%	-$10.3M+6.8%	-$11.1M+13.7%	-$12.8M+2.9%	-$13.2M+1.9%	-$13.5M-0.1%	-$13.4M+0.1%	-$13.4M+0.1%	-$13.5M-1.1%	-$13.3M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$16.0M+12.7%	$14.3M+2.2%	$14.0M+0.8%	$14.1M-0.5%	$14.2M+1.9%	$14.0M+0.9%	$13.9M-0.5%	$14.2M-1.5%
Current Assets	$13.8M+7.1%	$13.5M+5.7%	$13.1M+4.1%	$13.0M+2.5%	$12.9M+5.2%	$12.8M+5.2%	$12.6M+3.9%	$12.7M+2.9%
Cash & Equivalents	$10.7M-5.4%	$11.9M+6.3%	$11.6M+6.6%	$11.5M+5.1%	$11.3M+141.5%	$11.2M+211.4%	$10.8M+377.7%	$10.9M+4.4%
Short-Term Investments	$0	$0	$0	$0	$0-100.0%	$0-100.0%	$0-100.0%	$0
Inventory	$1.7M+360.0%	$404K+24.8%	$457K+30.7%	$404K+15.0%	$372K+16.6%	$324K-12.6%	$350K-22.0%	$352K-8.6%
Accounts Receivable	$1.3M+11.8%	$1.1M-4.0%	$937K-24.1%	$987K-21.3%	$1.1M+3.2%	$1.2M+20.2%	$1.2M+10.2%	$1.3M-7.7%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$490K	N/A	$0	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.6M+164.7%	$390K+7.1%	$434K+54.0%	$429K-89.2%	$589K-83.6%	$364K-85.7%	$282K-82.6%	$4.0M+333.4%
Current Liabilities	$1.1M+161.7%	$278K-0.8%	$291K+52.1%	$255K-93.4%	$438K-87.4%	$281K-88.5%	$191K-87.1%	$3.9M+398.0%
Non-Current Liabilities	$413K-29.9%	$390K+7.1%	$143K-49.2%	$174K+74.1%	$589K+438.8%	$364K+206.1%	$282K+119.0%	$100K-28.3%
Total Equity	$14.4M+6.1%	$13.9M+2.1%	$13.6M-0.3%	$13.7M+34.2%	$13.6M+31.5%	$13.7M+20.4%	$13.6M+10.2%	$10.2M-24.4%
Retained Earnings	-$12.7M-5.4%	-$12.3M-2.0%	-$12.2M-1.3%	-$12.1M-3.9%	-$12.1M-5.9%	-$12.0M-15.6%	-$12.0M-28.6%	-$11.7M-40.8%

Not reported in any period shown, so not listed: Long-Term Debt.

NNUP Cash Flow Statement

NNUP quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$556K	$714K+20.0%	$595K+3181.9%	-$19K+55.4%	-$43K-108.4%	$513K-27.0%	$702K+94.8%	$361K+781.7%	$41K-77.0%	$178K-12.4%	$203K+384.7%	$42K+188.3%	$15K+129.7%	-$49K-42.6%	-$34K-277.7%	$19K
Depreciation & Amortization	N/A	$7K-77.4%	$30K-36.8%	$47K+37.8%	$34K+11.8%	$31K+41.9%	$22K+99.1%	$11K+52.1%	$7K-5.3%	$8K+2.7%	$7K+19.7%	$6K+52.5%	$4K+344.4%	$900-71.0%	$3K-47.5%	$6K
Stock-Based Compensation	N/A	$126K-95.4%	$2.7M+106.9%	$1.3M	$0	$0	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	$14K	$0-100.0%	$10K-65.3%	$29K+3462.5%	$800-97.5%	$32K-18.1%	$39K-47.4%	$73K+14580.0%	$500-92.4%	$7K+371.4%	$1K-84.3%	$9K-56.8%	$21K+1044.4%	$2K	N/A	$0
Free Cash Flow	$542K	$714K+22.1%	$585K+1323.6%	-$48K-8.4%	-$44K-109.2%	$481K-27.5%	$664K+131.1%	$287K+610.9%	$40K-76.4%	$171K-15.1%	$201K+511.6%	$33K+639.3%	-$6K+88.0%	-$51K	N/A	$19K
Investing Cash Flow	-$1.8M	$0-100.0%	$8.0M+319.8%	-$3.6M+17.3%	-$4.4M-13779.7%	-$32K+18.1%	-$39K+47.4%	-$73K-14580.0%	-$500+92.4%	-$7K-371.4%	-$1K+84.3%	-$9K+56.8%	-$21K-1044.4%	-$2K	N/A	$0
Financing Cash Flow	N/A	N/A	N/A	$5.0M+42.9%	$3.5M+124900.0%	$3K-74.5%	$11K	N/A	N/A	-$10K+28.9%	-$14K+72.7%	-$50K-163.3%	-$19K-122.7%	$83K+159.4%	$32K+557.1%	-$7K

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$324K+278.8%	-$27K-107.3%	$56K+155.3%	$203K-54.1%	$86K+1001.1%	$370K+39.9%	-$101K+45.7%	$441K+1375.9%
Depreciation & Amortization	$10K+498.8%	$2K+41.2%	$2K-57.5%	N/A	$2K-77.3%	$2K-88.0%	$4K-72.4%	$4K-72.0%
Stock-Based Compensation	N/A	$29K+22.4%	N/A	$2K	$2K	$24K	N/A	$0-100.0%
Capital Expenditures	$0	$14K	$0	$0-100.0%	$0-100.0%	$0-100.0%	$0	$1K-92.8%
Free Cash Flow	$324K+278.8%	-$41K-111.0%	$56K+155.3%	$203K-54.0%	$86K+939.2%	$370K+44.3%	-$101K+45.7%	$440K+3209.0%
Investing Cash Flow	-$1.8M	-$14K	$0	$0-100.0%	$0-100.0%	$0-100.0%	$0+100.0%	$5.8M+35171.1%
Financing Cash Flow	$200K	$400K	N/A	N/A	$0	$0	N/A	N/A

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

NNUP 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.

NNUP quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	54.4%+2.5pp	51.9%-0.9pp	52.9%-31.4pp	84.3%+22.1pp	62.2%+4.5pp	57.7%-9.1pp	66.8%-16.4pp	83.2%+11.5pp	71.7%+3.7pp	68.0%+3.1pp	65.0%+0.1pp	64.9%+2.9pp	61.9%-6.3pp	68.3%+5.1pp	63.2%
Operating Margin	-40.3%	-155.8%	-89.8%-134.0pp	44.2%+42.9pp	1.3%-16.7pp	18.0%-13.8pp	31.8%-24.2pp	56.0%+30.0pp	25.9%+6.3pp	19.7%+23.7pp	-4.1%-7.2pp	3.1%+4.9pp	-1.7%+20.9pp	-22.6%+3.2pp	-25.8%
Net Margin	-10.4%	-126.5%	-68.9%-108.1pp	39.2%+36.6pp	2.5%-16.6pp	19.1%-10.6pp	29.8%-19.8pp	49.5%+25.2pp	24.3%+5.6pp	18.7%+20.6pp	-1.9%-2.7pp	0.8%-0.5pp	1.4%+24.3pp	-22.9%-19.1pp	-3.8%
Return on Equity	-1.1%+18.5pp	-19.6%-8.0pp	-11.6%-32.2pp	20.6%+19.1pp	1.4%-13.3pp	14.7%-12.3pp	27.1%-57.1pp	84.2%-93.0pp	177.1%	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-1.1%+18.1pp	-19.2%-9.0pp	-10.3%-29.1pp	18.9%+17.5pp	1.3%-11.8pp	13.1%-8.2pp	21.4%-44.4pp	65.8%+18.9pp	46.9%+0.6pp	46.3%+51.5pp	-5.2%-7.2pp	1.9%-1.0pp	2.9%+107.7pp	-104.7%-78.1pp	-26.6%
Current Ratio	45.02-20.8x	65.79+57.7x	8.14-3.4x	11.54-5.2x	16.77+5.2x	11.57+6.6x	4.92+1.6x	3.34+2.0x	1.34+0.6x	0.74+0.3x	0.470.0x	0.470.0x	0.50+0.3x	0.230.0x	0.23
Debt-to-Equity	0.030.0x	0.02-0.1x	0.130.0x	0.090.0x	0.080.0x	0.12-0.1x	0.270.0x	0.28-2.5x	2.78	N/A	N/A	N/A	N/A	N/A	N/A
Asset Turnover	0.110.0x	0.150.0x	0.15-0.3x	0.480.0x	0.52-0.2x	0.690.0x	0.72-0.6x	1.33-0.6x	1.93-0.6x	2.48-0.3x	2.76+0.4x	2.33+0.2x	2.13-2.4x	4.57-2.4x	6.96
FCF Margin	47.8%+20.2pp	27.6%+29.9pp	-2.3%-1.3pp	-0.9%-25.6pp	24.6%-0.3pp	25.0%+13.7pp	11.3%+10.1pp	1.2%-9.7pp	10.9%-3.6pp	14.5%+11.1pp	3.5%+4.1pp	-0.7%+6.1pp	-6.8%	N/A	2.7%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	37.2%-16.0pp	48.9%-8.2pp	63.5%+8.7pp	46.0%-10.9pp	53.2%+3.0pp	57.1%+15.6pp	54.7%+5.9pp	56.9%+10.8pp
Operating Margin	-59.1%-11.2pp	-41.4%-23.5pp	-74.5%+12.7pp	-37.0%+35.2pp	-47.9%	-17.9%	-87.2%	-72.2%
Net Margin	-49.1%-32.8pp	-16.0%-21.3pp	-35.3%+31.3pp	-7.0%+30.6pp	-16.3%	5.3%	-66.6%	-37.6%+41.3pp
Return on Equity	-3.3%-2.8pp	-0.4%-0.6pp	-0.7%+2.2pp	-0.2%+2.3pp	-0.4%+9.3pp	0.2%+9.3pp	-2.9%+5.9pp	-2.5%+0.9pp
Return on Assets	-2.9%-2.5pp	-0.4%-0.6pp	-0.7%+2.1pp	-0.2%+1.6pp	-0.4%+6.8pp	0.2%+7.6pp	-2.8%+5.0pp	-1.8%+1.4pp
Current Ratio	12.07-17.4x	48.66+3.0x	45.02-20.8x	50.87+47.6x	29.48+25.9x	45.66+40.7x	65.79+57.7x	3.26-12.5x
Debt-to-Equity	0.11+0.1x	0.030.0x	0.030.0x	0.03-0.4x	0.04-0.3x	0.03-0.2x	0.02-0.1x	0.39+0.3x
Asset Turnover	0.060.0x	0.030.0x	0.020.0x	0.030.0x	0.030.0x	0.030.0x	0.040.0x	0.050.0x
FCF Margin	33.7%+10.0pp	-10.4%-87.6pp	20.8%+37.9pp	52.5%-13.3pp	23.8%+26.0pp	77.2%+12.9pp	-17.1%+41.7pp	65.8%+63.5pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
NOCOPI TECHS INC NNUP	FY2025	$1.5M	-$155K	-10.4%	$20.6M	—
GREYSTONE LOGISTICS INC GLGI	FY2026	$27.5M	-$8.2M	-29.9%	$6.8M	—
NANO MAGIC INC NMGX	FY2023	$2.8M	-$2.9M	N/A	$7.1M	—

Where NOCOPI TECHS INC Ranks

Frequently Asked Questions

What is NOCOPI TECHS INC's annual revenue?

NOCOPI TECHS INC (NNUP) reported $1.5M in total revenue for fiscal year 2025. This represents a -29.5% 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 NOCOPI TECHS INC's revenue growing?

NOCOPI TECHS INC (NNUP) revenue declined by 29.5% year-over-year, from $2.1M to $1.5M in fiscal year 2025.

Is NOCOPI TECHS INC profitable?

No, NOCOPI TECHS INC (NNUP) reported a net income of -$155K in fiscal year 2025, with a net profit margin of -10.4%.

What is NOCOPI TECHS INC's EBITDA?

NOCOPI TECHS INC (NNUP) had EBITDA of -$595K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is NOCOPI TECHS INC's gross margin?

NOCOPI TECHS INC (NNUP) had a gross margin of 54.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is NOCOPI TECHS INC's operating margin?

NOCOPI TECHS INC (NNUP) had an operating margin of -40.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is NOCOPI TECHS INC's net profit margin?

NOCOPI TECHS INC (NNUP) had a net profit margin of -10.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is NOCOPI TECHS INC's return on equity (ROE)?

NOCOPI TECHS INC (NNUP) has a return on equity of -1.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is NOCOPI TECHS INC's free cash flow?

NOCOPI TECHS INC (NNUP) generated $714K in free cash flow during fiscal year 2025. This represents a 22.1% 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 NOCOPI TECHS INC's operating cash flow?

NOCOPI TECHS INC (NNUP) generated $714K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are NOCOPI TECHS INC's total assets?

NOCOPI TECHS INC (NNUP) had $14.0M in total assets as of fiscal year 2025, including both current and long-term assets.

What are NOCOPI TECHS INC's capital expenditures?

NOCOPI TECHS INC (NNUP) reported no capital expenditure during fiscal year 2025.

How much does NOCOPI TECHS INC spend on research and development?

NOCOPI TECHS INC (NNUP) invested $180K in research and development during fiscal year 2025.

How many shares does NOCOPI TECHS INC have outstanding?

NOCOPI TECHS INC (NNUP) had 11M shares outstanding as of fiscal year 2025.

What is NOCOPI TECHS INC's current ratio?

NOCOPI TECHS INC (NNUP) had a current ratio of 45.02 as of fiscal year 2025, which is generally considered healthy.

What is NOCOPI TECHS INC's debt-to-equity ratio?

NOCOPI TECHS INC (NNUP) had a debt-to-equity ratio of 0.03 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is NOCOPI TECHS INC's return on assets (ROA)?

NOCOPI TECHS INC (NNUP) had a return on assets of -1.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is NOCOPI TECHS INC's P/E ratio?

NOCOPI TECHS INC (NNUP) 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 $20.6M as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is NOCOPI TECHS INC's price-to-sales ratio?

NOCOPI TECHS INC (NNUP) trades at 10.2x sales, its market capitalization divided by revenue of $2.0M revenue, trailing 12 months to June 30, 2026. The market capitalization is $20.6M as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is NOCOPI TECHS INC's Altman Z-Score?

NOCOPI TECHS INC (NNUP) has an Altman Z-Score of 28.27, placing it in the Safe Zone (low 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 NOCOPI TECHS INC's Piotroski F-Score?

NOCOPI TECHS INC (NNUP) has a Piotroski F-Score of 4 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.

Are NOCOPI TECHS INC's earnings high quality?

NOCOPI TECHS INC (NNUP) reported a net loss of $155K while generating $714K in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, 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.

Can NOCOPI TECHS INC cover its interest payments?

NOCOPI TECHS INC (NNUP) reported an operating loss of $601K against $24K 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.