P2 SOLAR INC (PTOS) 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 16, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-K for FY2025, filed Jul 15, 2025. Each column of the statement tables below links to the filing it was taken from.
P2 SOLAR INC (PTOS) reported $26K in revenue for fiscal year 2025, down 84.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 8 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).
Minimal operating scale leaves the business exposed to a liabilities-heavy balance sheet and continued financing dependence.
From FY2024 to FY2025, revenue fell from$166K to$26K , yet gross margin widened from40.3% to83.4% . That combination points to a sharply smaller or different revenue mix rather than broad operating improvement: the company still posted an operating loss above$100K , while operating cash flow deteriorated to-$69K even as net loss narrowed.
Fixed operating costs remain disproportionate to sales: FY2025 selling, general and administrative expense was
Liquidity and solvency are both constrained. FY2025 current assets of
Financial Health Signals
P2 SOLAR 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.
P2 SOLAR INC scores -125.30, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($1.4M) relative to total liabilities ($1.1M). 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.
P2 SOLAR INC passes 2 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
P2 SOLAR INC reported a net loss of $34K while operations used $69K of cash. With neither figure positive, the ratio between the two carries no quality signal.
P2 SOLAR INC reported an operating loss of $103K against $31K 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
Earnings & Revenue
Not reported for Q4 2025.
Not reported for Q4 2025.
Not reported for Q4 2025.
Cash & Balance Sheet
P2 SOLAR INC held $0 in cash as of Q4 2025; long-term debt is not reported for that period.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
PTOS 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 | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | $4K-83.3% | $7K-92.0% | $16K-60.6% | $12K | $22K | $92K | $40K |
| Cost of Revenue | N/A | $0-100.0% | $4K-91.6% | $292-98.4% | $8K | $24K | $50K | $18K |
| Gross Profit | N/A | $4K+357.6% | $3K-92.5% | $15K-29.5% | $4K | -$1K | $43K | $22K |
| SG&A Expenses | N/A | $5K-77.6% | $6K-48.4% | $6K+17.1% | $4K | $22K+2451.2% | $11K+23158.7% | $6K+12126.7% |
| Operating Income | N/A | -$20K+57.2% | -$35K-106.6% | -$20K+39.2% | -$20K | -$46K-94.4% | -$17K+7.7% | -$32K-13.5% |
| Interest Expense | N/A | $8K+0.3% | N/A | $8K+5.3% | $8K | $8K+6.5% | $8K+3.3% | $8K+1.3% |
| Income Tax | N/A | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | N/A | -$78K-125.7% | -$32K+22.9% | -$36K-38.1% | -$46K | -$35K+32.4% | -$41K+44.5% | -$26K+57.3% |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | N/A | $0.00 | $0.00 | $0.00 | N/A |
| Diluted Shares (Avg) | N/A | 68M0.0% | 68M0.0% | N/A | N/A | 68M | 68M | N/A |
Not reported in any period shown, so not listed: R&D Expenses, EBITDA, EPS (Basic).
PTOS 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 | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $103K-10.4% | $102K+133.4% | $103K+66.4% | $106K+196.4% | $115K+7.0% | $44K | $62K | $36K |
| Current Assets | $12K-48.8% | $12K-70.4% | $13K-78.2% | $16K-52.0% | $24K+44.1% | $41K | $59K | $33K |
| Cash & Equivalents | $0-100.0% | $0-100.0% | $235-99.3% | $4K-63.5% | $213-97.2% | $256-95.0% | $35K+18051.8% | $10K+333.2% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $47-99.6% | $47-99.8% | $50-99.6% | $49-99.6% | $12K | $28K | $12K | $14K |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $90K0.0% | $90K+2748.9% | $90K+2748.9% | $90K+2748.9% | $90K0.0% | $3K | $3K | $3K |
| Total Liabilities | $1.1M-42.7% | $2.0M+5.0% | $2.0M+10.7% | $2.0M+9.5% | $1.9M+8.5% | $1.9M | $1.8M | $1.8M |
| Current Liabilities | $1.0M-44.3% | $1.9M+0.9% | $1.9M+6.5% | $1.9M+4.6% | $1.9M+9.4% | $1.9M | $1.8M | $1.8M |
| Non-Current Liabilities | $76K-5.2% | $76K | $76K | $87K | $81K-7.5% | $0 | $0 | $0 |
| Total Equity | -$1.0M+44.7% | -$1.9M-1.9% | -$1.9M-8.7% | -$1.8M-5.7% | -$1.8M-8.6% | -$1.8M-8.1% | -$1.8M-8.3% | -$1.8M-6.1% |
| Retained Earnings | -$8.1M-0.4% | -$8.3M-2.4% | -$8.2M-1.9% | -$8.1M-2.0% | -$8.1M-1.9% | -$8.1M | -$8.0M | -$8.0M |
Not reported in any period shown, so not listed: Inventory, Long-Term Debt.
PTOS 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.
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Dividends Paid, Share Buybacks.
PTOS 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 | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | 100.0%+106.5pp | 43.3%-2.7pp | 98.1%+43.3pp | 34.2% | -6.5% | 46.0% | 54.8% |
| Operating Margin | N/A | -534.4% | -473.8% | -125.3% | -163.6% | -208.4% | -18.3% | -81.1% |
| Net Margin | N/A | -2121.9% | -434.8% | -228.0% | -385.5% | -156.8% | -44.9% | -65.0% |
| Return on Assets | N/A | -76.7%+2.6pp | -31.0%+35.9pp | -33.6%+38.5pp | -40.6% | -79.3% | -66.9% | -72.1% |
| Current Ratio | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.02 | 0.03 | 0.02 |
| Asset Turnover | N/A | 0.04-0.5x | 0.07-1.4x | 0.15-1.0x | 0.11 | 0.51 | 1.49 | 1.11 |
Not reported in any period shown, so not listed: Return on Equity, Debt-to-Equity, FCF 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.
Note: Shareholder equity is negative (-$1.0M), 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 (0.01), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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 |
|---|---|---|---|---|---|---|
| P2 SOLAR INC PTOS | FY2025 | $26K | -$34K | N/A | $1.4M | — |
| GEOSOLAR TECHNOLOGIES INC GSLR | FY2023 | N/A | -$2.8M | N/A | $852K | — |
Where P2 SOLAR INC Ranks
Frequently Asked Questions
What is P2 SOLAR INC's annual revenue?
P2 SOLAR INC (PTOS) reported $26K in total revenue for fiscal year 2025. This represents a -84.1% 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 P2 SOLAR INC's revenue growing?
P2 SOLAR INC (PTOS) revenue declined by 84.1% year-over-year, from $166K to $26K in fiscal year 2025.
Is P2 SOLAR INC profitable?
No, P2 SOLAR INC (PTOS) reported a net income of -$34K in fiscal year 2025.
What is P2 SOLAR INC's gross margin?
P2 SOLAR INC (PTOS) had a gross margin of 83.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is P2 SOLAR INC's operating cash flow?
P2 SOLAR INC (PTOS) recorded an outflow of $69K in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are P2 SOLAR INC's total assets?
P2 SOLAR INC (PTOS) had $103K in total assets as of fiscal year 2025, including both current and long-term assets.
What is P2 SOLAR INC's current ratio?
P2 SOLAR INC (PTOS) had a current ratio of 0.01 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is P2 SOLAR INC's return on assets (ROA)?
P2 SOLAR INC (PTOS) had a return on assets of -33.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is P2 SOLAR INC's P/E ratio?
P2 SOLAR INC (PTOS) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $1.4M as of Sep 16, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is P2 SOLAR INC's price-to-sales ratio?
P2 SOLAR INC (PTOS) trades at 54.1x sales, its market capitalization divided by revenue of $26K revenue, FY2025. The market capitalization is $1.4M as of Sep 16, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does P2 SOLAR INC's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, P2 SOLAR INC (PTOS) held $0 in cash, cash equivalents and investments, and reported an operating cash outflow of $69K over that year. Dividing the one by the other, the reported balance equals about 0 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.
Why is P2 SOLAR INC's debt-to-equity ratio negative or not reported?
P2 SOLAR INC (PTOS) has negative shareholder equity of -$1.0M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. 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 P2 SOLAR INC's Altman Z-Score?
P2 SOLAR INC (PTOS) has an Altman Z-Score of -125.30, 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 P2 SOLAR INC's Piotroski F-Score?
P2 SOLAR INC (PTOS) has a Piotroski F-Score of 2 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 P2 SOLAR INC's earnings high quality?
P2 SOLAR INC (PTOS) reported a net loss of $34K while operations used $69K 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.
Can P2 SOLAR INC cover its interest payments?
P2 SOLAR INC (PTOS) reported an operating loss of $103K against $31K 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.