Openlocker Holdings Inc Financials
Financial Health Signals
Openlocker Holdings Inc passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Openlocker Holdings Inc generates $0.05 in operating cash flow (-$422K OCF vs -$8.1M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Openlocker Holdings Inc earns $-209.7 in operating income for every $1 of interest expense (-$8.0M vs $38K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
This page shows Openlocker Holdings Inc (OLKR) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 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).
Key Financial Metrics
Openlocker Holdings Inc generated $262 in revenue in fiscal year 2025. This represents a decrease of 99.3% from the prior year.
Openlocker Holdings Inc reported -$8.1M in net income in fiscal year 2025. This represents a decrease of 939.0% from the prior year.
Openlocker Holdings Inc earned $-0.04 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 100.0% from the prior year.
Openlocker Holdings Inc held $305K in cash against $0 in long-term debt as of fiscal year 2025.
Openlocker Holdings Inc had 529M shares outstanding in fiscal year 2025. This represents an increase of 1162.1% from the prior year.
Openlocker Holdings Inc's gross margin was 100.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 4.2 percentage points from the prior year.
Openlocker Holdings Inc's operating margin was -3050934.0% in fiscal year 2025, reflecting core business profitability. This is down 3048959.5 percentage points from the prior year.
Openlocker Holdings Inc's net profit margin was -3086096.9% in fiscal year 2025, showing the share of revenue converted to profit. This is down 3083915.7 percentage points from the prior year.
OLKR Income Statement
| Metric | Q2'25 | Q3'25 | Q1'24 | Q2'24 | Q3'24 | Q1'23 | Q2'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $87 | N/A | $39-99.5% | $8K-60.0% | $19K+125.4% | $9K+44.2% | $6K-88.3% | $51K |
| Cost of Revenue | N/A | N/A | N/A | $592 | N/A | $916 | N/A | N/A |
| Gross Profit | $87 | N/A | $39-99.5% | $7K-63.1% | $19K+152.3% | $8K+28.8% | $6K-88.3% | $51K |
| R&D Expenses | N/A | N/A | N/A | $3K | N/A | $14K-75.3% | $58K-53.9% | $125K |
| SG&A Expenses | $258K+224.9% | $80K+344.5% | $18K-85.8% | $126K+146.1% | $51K-88.8% | $459K-35.3% | $709K+26.0% | $563K |
| Operating Income | -$259K-224.5% | -$80K-268.5% | -$22K+82.2% | -$122K-285.7% | -$32K+93.2% | -$465K+38.8% | -$761K-19.5% | -$637K |
| Interest Expense | $16K+53.8% | $10K-31.5% | $15K+8.5% | $14K-53.7% | $30K+357.1% | $6K | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$282K-139.5% | -$118K-121.0% | -$53K+62.2% | -$141K-164.9% | -$53K+88.7% | -$472K+38.0% | -$761K-16.8% | -$652K |
| EPS (Diluted) | $-0.01 | $0.00 | $0.00 | $0.00 | $0.00+100.0% | $-0.01+50.0% | $-0.020.0% | $-0.02 |
OLKR Balance Sheet
| Metric | Q2'25 | Q3'25 | Q1'24 | Q2'24 | Q3'24 | Q1'23 | Q2'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $305K+5749.7% | $5K+1240.9% | $389-91.8% | $5K-72.7% | $17K-66.8% | $53K+97.0% | $27K-99.5% | $5.1M |
| Current Assets | $305K | N/A | N/A | $5K-71.9% | $17K-66.4% | $51K+114.7% | $24K-88.3% | $201K |
| Cash & Equivalents | $305K+5749.7% | $5K+1240.9% | $389-91.8% | $5K-71.9% | $17K-66.4% | $51K+225.2% | $16K-92.3% | $201K |
| 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 | $5K | N/A | N/A | $8K | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | $2.9M0.0% | $2.9M |
| Total Liabilities | $504K+393.5% | $102K-80.2% | $517K+10.4% | $468K+11.8% | $418K+24.5% | $336K+170.1% | $124K+3.5% | $120K |
| Current Liabilities | $504K | N/A | $517K+10.4% | $468K+11.8% | $418K+24.5% | $336K+170.1% | $124K+3.5% | $120K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$199K-105.0% | -$97K+81.2% | -$516K-11.5% | -$463K-15.5% | -$401K-41.4% | -$283K-190.1% | -$98K-101.9% | $5.0M |
| Retained Earnings | -$19.0M-67.2% | -$11.4M-3.6% | -$11.0M-0.5% | -$10.9M-1.0% | -$10.8M-1.8% | -$10.6M-4.7% | -$10.1M-116.2% | -$4.7M |
OLKR Cash Flow Statement
| Metric | Q2'25 | Q3'25 | Q1'24 | Q2'24 | Q3'24 | Q1'23 | Q2'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$265K-118.7% | -$121K-2669.3% | -$4K+64.0% | -$12K+60.0% | -$30K+84.4% | -$195K+15.3% | -$230K+3.7% | -$239K |
| 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 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | $531K+394.0% | $108K | N/A | $0-100.0% | $25K-89.1% | $230K+419.6% | $44K-83.0% | $260K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
OLKR Financial Ratios
| Metric | Q2'25 | Q3'25 | Q1'24 | Q2'24 | Q3'24 | Q1'23 | Q2'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 100.0% | N/A | 100.0%+7.7pp | 92.3%-7.7pp | 100.0%+10.7pp | 89.3%-10.7pp | 100.0%0.0pp | 100.0% |
| Operating Margin | -297892.0% | N/A | -55576.9%-54000.6pp | -1576.3%-1413.0pp | -163.3%+5261.4pp | -5424.8%+7368.9pp | -12793.7%-11545.3pp | -1248.5% |
| Net Margin | -324018.4% | N/A | -136546.1%-134721.8pp | -1824.4%-1549.1pp | -275.3%+5224.9pp | -5500.2%+7293.5pp | -12793.7%-11515.8pp | -1277.9% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -1480.5%+775.9pp | -2256.4%+11433.3pp | -13689.7%-13199.1pp | -490.6%-186.1pp | -304.5%+592.0pp | -896.5%-881.9pp | -14.6%-1.9pp | -12.7% |
| Current Ratio | 0.61 | N/A | N/A | 0.01-0.0 | 0.04-0.1 | 0.15-0.0 | 0.19-1.5 | 1.68 |
| Debt-to-Equity | -2.54-1.5 | -1.05-0.1 | -1.000.0 | -1.01+0.0 | -1.04+0.1 | -1.19+0.1 | -1.27-1.3 | 0.02 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$199K), 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 (0.61), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Openlocker Holdings Inc's annual revenue?
Openlocker Holdings Inc (OLKR) reported $262 in total revenue for fiscal year 2025. This represents a -99.3% 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 Openlocker Holdings Inc's revenue growing?
Openlocker Holdings Inc (OLKR) revenue declined by 99.3% year-over-year, from $36K to $262 in fiscal year 2025.
Is Openlocker Holdings Inc profitable?
No, Openlocker Holdings Inc (OLKR) reported a net income of -$8.1M in fiscal year 2025, with a net profit margin of -3086096.9%.
What is Openlocker Holdings Inc's earnings per share (EPS)?
Openlocker Holdings Inc (OLKR) reported diluted earnings per share of $-0.04 for fiscal year 2025. This represents a -100.0% 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.
What is Openlocker Holdings Inc's gross margin?
Openlocker Holdings Inc (OLKR) had a gross margin of 100.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Openlocker Holdings Inc's operating margin?
Openlocker Holdings Inc (OLKR) had an operating margin of -3050934.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Openlocker Holdings Inc's net profit margin?
Openlocker Holdings Inc (OLKR) had a net profit margin of -3086096.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Openlocker Holdings Inc's operating cash flow?
Openlocker Holdings Inc (OLKR) generated -$422K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Openlocker Holdings Inc's total assets?
Openlocker Holdings Inc (OLKR) had $305K in total assets as of fiscal year 2025, including both current and long-term assets.
How many shares does Openlocker Holdings Inc have outstanding?
Openlocker Holdings Inc (OLKR) had 529M shares outstanding as of fiscal year 2025.
What is Openlocker Holdings Inc's current ratio?
Openlocker Holdings Inc (OLKR) had a current ratio of 0.61 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Openlocker Holdings Inc's debt-to-equity ratio?
Openlocker Holdings Inc (OLKR) had a debt-to-equity ratio of -2.54 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Openlocker Holdings Inc's return on assets (ROA)?
Openlocker Holdings Inc (OLKR) had a return on assets of -2650.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Openlocker Holdings Inc's cash runway?
Based on fiscal year 2025 data, Openlocker Holdings Inc (OLKR) had $305K in cash against an annual operating cash burn of $422K. This gives an estimated cash runway of approximately 9 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 Openlocker Holdings Inc's debt-to-equity ratio negative or unusual?
Openlocker Holdings Inc (OLKR) has negative shareholder equity of -$199K 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 Openlocker Holdings Inc's Piotroski F-Score?
Openlocker Holdings Inc (OLKR) 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Openlocker Holdings Inc's earnings high quality?
Openlocker Holdings Inc (OLKR) has an earnings quality ratio of 0.05x, 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.
Can Openlocker Holdings Inc cover its interest payments?
Openlocker Holdings Inc (OLKR) has an interest coverage ratio of -209.7x, meaning it can struggle to cover its interest obligations. 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.