Oculus Financials

OVTZ

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

Financial Health Signals

Piotroski F-Score Weak

2/9

Oculus passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass.

Earnings Quality Low Quality

0.45x

For every $1 of reported earnings, Oculus generates $0.45 in operating cash flow (-$147K OCF vs -$327K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

This page shows Oculus (OVTZ) financial statements, including the 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).

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Key Financial Metrics

Revenue

N/A

EBITDA

N/A

Free Cash Flow

N/A

Net Income

-$327K

YoY+44.6%

Oculus reported -$327K in net income in fiscal year 2024. This represents an increase of 44.6% from the prior year.

EPS (Diluted)

N/A

Cash & Debt

$12K

YoY-92.5%

5Y CAGR-50.2%

10Y CAGR+20.0%

Oculus held $12K in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

91M

YoY+0.0%

5Y CAGR+6.4%

10Y CAGR+21.0%

Oculus had 91M shares outstanding in fiscal year 2024. This represents an increase of 0.0% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

R&D Spending

$7K

YoY-92.8%

10Y CAGR-26.3%

Oculus invested $7K in research and development in fiscal year 2024. This represents a decrease of 92.8% from the prior year.

Share Buybacks

N/A

Capital Expenditures

N/A

OVTZ Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	N/A	N/A	N/A	N/A	N/A	$0
Cost of Revenue	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
R&D Expenses	$7K-92.8%	$96K-91.6%	$1.1M+39.1%	$818K+221.8%	$254K	N/A
SG&A Expenses	$224K-18.6%	$274K-31.3%	$399K-7.2%	$431K+61.6%	$267K+35.6%	$197K
Operating Income	N/A	N/A	-$2.1M-4.1%	-$2.0M+28.3%	-$2.8M-1310.1%	-$197K
Interest Expense	N/A	N/A	$5K	$0-100.0%	$96-78.6%	$449
Income Tax	$0	$0	$0	$0	$0	N/A
Net Income	-$327K+44.6%	-$591K+64.2%	-$1.6M+17.0%	-$2.0M+28.3%	-$2.8M-1337.5%	-$193K
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
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	$276+50.8%	$183-33.9%	$277-81.0%	$1K-43.0%	$3K+17.0%	$2K	N/A	$5K
SG&A Expenses	$78K+112.6%	$37K-58.2%	$88K+69.9%	$52K+12.0%	$46K-2.4%	$47K	N/A	$79K
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
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	-$93K-80.1%	-$52K+49.7%	-$103K-48.8%	-$69K+13.5%	-$80K+3.4%	-$83K	N/A	-$141K
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

OVTZ Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$40K-78.5%	$184K-74.4%	$718K+1715.5%	$40K-92.0%	$496K+29.3%	$384K
Current Assets	N/A	N/A	N/A	N/A	N/A	$384K
Cash & Equivalents	$12K-92.5%	$157K-77.2%	$688K+5767.9%	$12K-97.6%	$490K+28.2%	$382K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	$0	$0
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$449K+64.0%	$274K-9.5%	$302K-32.6%	$449K+167.2%	$168K+24.1%	$135K
Current Liabilities	$449K+64.0%	$274K-9.5%	$302K-32.6%	$449K+167.2%	$168K+24.1%	$135K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$409K-356.1%	-$90K-121.6%	$415K+201.5%	-$409K-224.8%	$328K+32.2%	$248K
Retained Earnings	-$48.7M-0.7%	-$48.4M-1.2%	-$47.8M+1.9%	-$48.7M-10.3%	-$44.2M-6.7%	-$41.4M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$25K+6.1%	$24K-45.5%	$44K+10.4%	$40K-11.9%	$45K-59.3%	$110K-40.1%	$184K-25.6%	$247K
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$15K+85.8%	$8K+1.3%	$8K-30.9%	$12K-60.6%	$30K-68.6%	$95K-39.5%	$157K-34.7%	$240K
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	$692K+16.2%	$596K+7.1%	$556K+23.9%	$449K+53.7%	$292K+4.7%	$279K+1.9%	$274K+8.0%	$253K
Current Liabilities	$692K+16.2%	$596K+7.1%	$556K+23.9%	$449K+53.7%	$292K+4.7%	$279K+1.9%	$274K+8.0%	$253K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$667K-16.6%	-$572K-11.6%	-$513K-25.2%	-$409K-65.6%	-$247K-46.5%	-$169K-88.0%	-$90K-1346.2%	-$6K
Retained Earnings	-$49.0M-0.2%	-$48.9M-0.1%	-$48.8M-0.2%	-$48.7M-0.3%	-$48.5M-0.2%	-$48.5M-0.2%	-$48.4M-0.2%	-$48.3M

OVTZ Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	-$147K+72.5%	-$533K+64.0%	-$1.5M-9.6%	-$1.4M-73.2%	-$779K+2.5%	-$800K
Capital Expenditures	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
Investing Cash Flow	N/A	N/A	$5K	$0-100.0%	$114K	N/A
Financing Cash Flow	N/A	N/A	$0-100.0%	$3.1M+296.1%	$773K-34.3%	$1.2M
Dividends Paid	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

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	$9K+11.1%	$8K+342.3%	-$3K-159.3%	$6K+108.5%	-$65K-6.3%	-$61K+29.4%	-$87K+6.0%	-$92K
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	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
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

OVTZ Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	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
Net Margin	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
Return on Assets	-827.9%-506.5pp	-321.4%-91.6pp	-229.8%+4794.6pp	-5024.4%-4465.8pp	-558.7%-508.4pp	-50.3%
Current Ratio	N/A	N/A	N/A	N/A	N/A	2.83
Debt-to-Equity	-1.10+2.0	-3.05-3.8	0.73+1.8	-1.10-1.6	0.51-0.0	0.55
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
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	-368.9%-151.6pp	-217.3%+18.4pp	-235.7%+180.5pp	-416.2%-238.0pp	-178.2%-103.0pp	-75.1%	N/A	-56.9%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	-1.040.0	-1.04+0.0	-1.09+0.0	-1.10+0.1	-1.18+0.5	-1.65+1.4	-3.05+37.8	-40.81
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$409K), 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.

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Frequently Asked Questions

Is Oculus profitable?

No, Oculus (OVTZ) reported a net income of -$327K in fiscal year 2024.

What is Oculus's operating cash flow?

Oculus (OVTZ) generated -$147K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Oculus's total assets?

Oculus (OVTZ) had $40K in total assets as of fiscal year 2024, including both current and long-term assets.

How much does Oculus spend on research and development?

Oculus (OVTZ) invested $7K in research and development during fiscal year 2024.

How many shares does Oculus have outstanding?

Oculus (OVTZ) had 91M shares outstanding as of fiscal year 2024.

What is Oculus's debt-to-equity ratio?

Oculus (OVTZ) had a debt-to-equity ratio of -1.10 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Oculus's return on assets (ROA)?

Oculus (OVTZ) had a return on assets of -827.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Oculus's cash runway?

Based on fiscal year 2024 data, Oculus (OVTZ) had $12K in cash against an annual operating cash burn of $147K. 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 Oculus's debt-to-equity ratio negative or unusual?

Oculus (OVTZ) has negative shareholder equity of -$409K as of fiscal year 2024, 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 Oculus's Piotroski F-Score?

Oculus (OVTZ) has a Piotroski F-Score of 2 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 Oculus's earnings high quality?

Oculus (OVTZ) has an earnings quality ratio of 0.45x, 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.