What is StableX Technologies Inc's earnings per share (EPS)?

StableX Technologies Inc (SBLX) reported diluted earnings per share of $-32.24 for fiscal year 2025. This represents a 0.0% 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.

StableX Technologies Inc Financials

SBLX

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows StableX Technologies Inc (SBLX) 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).

Rhea AI SBLX FY2025 2026-04-22

StableX is running on a shrinking cash runway, with a development-stage cost base still far ahead of sales.

From FY2023 to FY2025, operating cash burn improved from -$26.2M to -$7.7M, showing aggressive spending cuts. Yet cash on hand still fell from $33.4M to $5.0M, which implies the business lengthened runway mainly by retrenching rather than by building a self-funding revenue engine.

The balance sheet still has near-term liquidity: current ratio stayed above 5x in both FY2024 and FY2025, even after cash fell from $16.0M to $5.0M. But the cushion is much thinner, because total assets dropped to $11.4M while liabilities remained $7.7M.

This remains a pre-scale operating model: in FY2024, R&D was $1.5M while revenue was only $64K. With SG&A still carrying the bigger load at $8.6M, the economics are being determined more by overhead control than by sales absorption.

Financial Health Signals

Financial Profile 27/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of StableX Technologies Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Leverage

StableX Technologies Inc has a moderate D/E ratio of 2.07. This balance of debt and equity financing earns a leverage score of 60/100.

Liquidity

100

With a current ratio of 5.60, StableX Technologies Inc holds $5.60 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.

Returns

StableX Technologies Inc generates a -568.4% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from -37.5% the prior year.

Piotroski F-Score Weak

2/9

StableX Technologies Inc passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass.

Earnings Quality Low Quality

0.36x

For every $1 of reported earnings, StableX Technologies Inc generates $0.36 in operating cash flow (-$7.7M OCF vs -$21.1M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-82.6x

StableX Technologies Inc earns $-82.6 in operating income for every $1 of interest expense (-$10.5M vs $127K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

N/A

EBITDA

-$10.4M

YoY+41.0%

StableX Technologies Inc's EBITDA was -$10.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 41.0% from the prior year.

Net Income

-$21.1M

YoY-1101.3%

StableX Technologies Inc reported -$21.1M in net income in fiscal year 2025. This represents a decrease of 1101.3% from the prior year.

EPS (Diluted)

$-32.24

YoY+0.0%

StableX Technologies Inc earned $-32.24 per diluted share (EPS) in fiscal year 2025. This represents an increase of 0.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$5.0M

YoY-68.9%

5Y CAGR-32.9%

10Y CAGR+7.7%

StableX Technologies Inc held $5.0M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

YoY+172.7%

StableX Technologies Inc had 1M shares outstanding in fiscal year 2025. This represents an increase of 172.7% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

-568.4%

YoY-530.9pp

5Y CAGR-541.0pp

10Y CAGR-245.5pp

StableX Technologies Inc's ROE was -568.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 530.9 percentage points from the prior year.

Capital Allocation

R&D Spending

$1.4M

YoY-6.6%

5Y CAGR-6.2%

StableX Technologies Inc invested $1.4M in research and development in fiscal year 2025. This represents a decrease of 6.6% from the prior year.

Share Buybacks

N/A

Capital Expenditures

N/A

SBLX Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	N/A	$64K-87.2%	$499K-83.3%	$3.0M+11.4%	$2.7M+67.3%	$1.6M
Cost of Revenue	$956K-85.6%	$6.7M+29.5%	$5.1M-15.0%	$6.0M+26.6%	$4.8M+169.7%	$1.8M
Gross Profit	-$956K+85.5%	-$6.6M-42.1%	-$4.6M-51.8%	-$3.1M-46.0%	-$2.1M-1156.1%	-$166K
R&D Expenses	$1.4M-6.6%	$1.5M-79.9%	$7.4M+8.4%	$6.8M-40.2%	$11.4M+496.2%	$1.9M
SG&A Expenses	$8.1M-6.3%	$8.6M-39.9%	$14.4M+25.0%	$11.5M-33.0%	$17.2M+160.0%	$6.6M
Operating Income	-$10.5M+46.0%	-$19.4M+31.2%	-$28.2M-21.0%	-$23.3M+29.7%	-$33.1M-227.8%	-$10.1M
Interest Expense	$127K-73.9%	$484K+9.7%	$441K+142.2%	$182K+7783.9%	$2K-99.3%	$327K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$21.1M-1101.3%	-$1.8M+94.9%	-$34.2M-48.9%	-$22.9M+30.7%	-$33.1M-207.3%	-$10.8M
EPS (Diluted)	$-32.240.0%	$-32.25-293.8%	$-8.19-65.5%	$-4.95	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	N/A	N/A	N/A	N/A	N/A	$5K	N/A	$58K
Cost of Revenue	N/A	$717K+200.0%	$239K	N/A	N/A	$286K-73.4%	$1.1M-9.2%	$1.2M
Gross Profit	N/A	-$717K-200.0%	-$239K	N/A	N/A	-$281K+73.9%	-$1.1M+4.4%	-$1.1M
R&D Expenses	N/A	$344K-1.8%	$350K+13.7%	$308K	N/A	$15K-97.6%	$623K-18.1%	$760K
SG&A Expenses	N/A	$2.5M+106.2%	$1.2M-28.0%	$1.7M	N/A	$1.4M-28.5%	$2.0M-35.4%	$3.1M
Operating Income	N/A	-$3.5M-97.6%	-$1.8M+9.4%	-$2.0M	N/A	-$1.9M+51.4%	-$4.0M+24.1%	-$5.2M
Interest Expense	N/A	$62K+678.2%	$8K-69.7%	$26K	N/A	$89K-36.6%	$141K-8.3%	$153K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	-$2.8M+80.5%	-$14.1M-1773.7%	$845K	N/A	$551K-92.0%	$6.9M+290.0%	-$3.6M
EPS (Diluted)	N/A	$-3.84+87.1%	$-29.87	$-0.20	N/A	$-3.96-282.5%	$2.17+248.6%	$-1.46

SBLX Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$11.4M-47.5%	$21.7M-58.9%	$52.9M-3.9%	$55.0M-29.6%	$78.1M+86.2%	$42.0M
Current Assets	$9.2M-56.7%	$21.3M-56.6%	$49.0M-5.6%	$51.9M-31.8%	$76.2M+90.0%	$40.1M
Cash & Equivalents	$5.0M-68.9%	$16.0M-52.0%	$33.4M-14.5%	$39.1M-43.5%	$69.2M+89.3%	$36.5M
Inventory	N/A	N/A	$3.4M+253.7%	$970K-74.1%	$3.7M+219.1%	$1.2M
Accounts Receivable	N/A	N/A	$219K-57.1%	$510K-47.4%	$969K+26.6%	$766K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$7.7M-54.9%	$17.1M-56.0%	$38.7M+1220.9%	$2.9M-37.7%	$4.7M+80.6%	$2.6M
Current Liabilities	$1.6M-60.5%	$4.2M-3.4%	$4.3M+92.6%	$2.2M-41.8%	$3.8M+142.2%	$1.6M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	$14K
Total Equity	$3.7M-20.8%	$4.7M-66.9%	$14.1M-72.8%	$52.1M-29.1%	$73.4M+86.6%	$39.4M
Retained Earnings	-$138.2M-18.0%	-$117.1M-1.5%	-$115.3M-42.1%	-$81.2M-39.4%	-$58.2M-131.5%	-$25.2M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$11.4M-27.4%	$15.7M+70.9%	$9.2M-43.1%	$16.2M-25.7%	$21.7M-39.5%	$35.9M-20.2%	$45.0M-6.0%	$47.9M
Current Assets	$9.2M-33.4%	$13.8M+56.7%	$8.8M-43.9%	$15.7M-26.0%	$21.3M-36.3%	$33.4M-20.5%	$42.0M-5.3%	$44.3M
Cash & Equivalents	$5.0M-31.4%	$7.3M+41.5%	$5.1M-60.0%	$12.8M-20.1%	$16.0M+487.4%	$2.7M-80.6%	$14.1M+158.1%	$5.5M
Inventory	N/A	N/A	N/A	N/A	N/A	$3.2M-3.1%	$3.3M-9.9%	$3.7M
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	$129K-6.2%	$138K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$7.7M+4.2%	$7.4M-66.9%	$22.3M+69.6%	$13.1M-22.9%	$17.1M-30.3%	$24.5M-23.9%	$32.2M-21.3%	$40.9M
Current Liabilities	$1.6M-14.1%	$1.9M-74.8%	$7.6M+6.3%	$7.1M+71.7%	$4.2M-18.3%	$5.1M-22.2%	$6.5M+62.4%	$4.0M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$3.7M-55.4%	$8.3M+163.6%	-$13.1M-535.9%	$3.0M-35.8%	$4.7M-59.1%	$11.5M-10.7%	$12.8M+83.0%	$7.0M
Retained Earnings	-$138.2M-3.8%	-$133.1M-2.1%	-$130.4M-12.2%	-$116.2M+0.7%	-$117.1M-5.0%	-$111.5M+0.5%	-$112.1M+5.8%	-$119.0M

SBLX Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$7.7M+42.2%	-$13.3M+49.1%	-$26.2M-39.8%	-$18.7M+29.7%	-$26.6M-165.8%	-$10.0M
Capital Expenditures	N/A	$199K-90.7%	$2.1M+34.9%	$1.6M+195.3%	$538K+6.7%	$504K
Free Cash Flow	N/A	-$13.5M+52.3%	-$28.3M-39.4%	-$20.3M+25.2%	-$27.2M-158.2%	-$10.5M
Investing Cash Flow	-$2.9M+6.7%	-$3.1M-134.5%	$8.9M+178.5%	-$11.3M-1788.1%	-$600K-123.6%	$2.5M
Financing Cash Flow	-$552K+94.9%	-$10.9M-150.2%	$21.6M	N/A	$59.9M+38.0%	$43.4M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	$377K	N/A	N/A	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	-$1.6M-237.5%	$1.2M+145.7%	-$2.6M-77.8%	-$1.5M+50.5%	-$3.0M+14.8%	-$3.5M-62.6%	-$2.2M+54.0%	-$4.7M
Capital Expenditures	N/A	N/A	N/A	N/A	$36K	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	-$3.0M	N/A	N/A	N/A
Investing Cash Flow	-$540K+83.8%	-$3.3M-361.6%	-$725K-141.4%	$1.7M-85.6%	$12.2M+76.5%	$6.9M+502.7%	$1.1M+104.9%	-$23.3M
Financing Cash Flow	-$88K-101.2%	$7.4M+271.1%	-$4.3M-22.3%	-$3.5M+38.4%	-$5.8M-21.4%	-$4.7M	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

SBLX Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	-10328.5%-9399.5pp	-929.0%-826.9pp	-102.1%-24.2pp	-77.9%-67.5pp	-10.4%
Operating Margin	N/A	-30382.4%-24738.9pp	-5643.5%-4865.1pp	-778.4%+456.1pp	-1234.5%-604.5pp	-630.0%
Net Margin	N/A	-2752.5%+4094.4pp	-6846.9%-6080.0pp	-766.9%+465.7pp	-1232.6%-561.6pp	-671.0%
Return on Equity	-568.4%-530.9pp	-37.5%+204.1pp	-241.6%-197.6pp	-44.1%+1.0pp	-45.1%-17.7pp	-27.4%
Return on Assets	-184.8%-176.8pp	-8.1%+56.5pp	-64.6%-22.9pp	-41.7%+0.6pp	-42.3%-16.7pp	-25.7%
Current Ratio	5.60+0.5	5.11-6.3	11.37-11.8	23.19+3.4	19.81-5.4	25.26
Debt-to-Equity	2.07-1.6	3.64+0.9	2.74+2.7	0.060.0	0.06+0.1	0.00
FCF Margin	N/A	-21190.6%-15513.4pp	-5677.2%-4997.8pp	-679.4%+333.0pp	-1012.4%-356.4pp	-656.1%

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	-5171.4%	N/A	-1927.7%
Operating Margin	N/A	N/A	N/A	N/A	N/A	-35495.9%	N/A	-8938.9%
Net Margin	N/A	N/A	N/A	N/A	N/A	10146.6%	N/A	-6236.0%
Return on Equity	N/A	-33.1%	N/A	28.1%	N/A	4.8%-49.1pp	53.9%+105.8pp	-51.9%
Return on Assets	N/A	-17.5%+136.3pp	-153.8%-159.1pp	5.2%	N/A	1.5%-13.8pp	15.4%+23.0pp	-7.6%
Current Ratio	5.60-1.6	7.23+6.1	1.16-1.0	2.20-2.9	5.11-1.4	6.55+0.1	6.42-4.6	11.00
Debt-to-Equity	2.07+1.2	0.89+2.6	-1.70-6.1	4.37+0.7	3.64+1.5	2.14-0.4	2.51-3.3	5.83
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Frequently Asked Questions

Is StableX Technologies Inc profitable?

No, StableX Technologies Inc (SBLX) reported a net income of -$21.1M in fiscal year 2025.

What is StableX Technologies Inc's EBITDA?

StableX Technologies Inc (SBLX) had EBITDA of -$10.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is StableX Technologies Inc's return on equity (ROE)?

StableX Technologies Inc (SBLX) has a return on equity of -568.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is StableX Technologies Inc's operating cash flow?

StableX Technologies Inc (SBLX) generated -$7.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are StableX Technologies Inc's total assets?

StableX Technologies Inc (SBLX) had $11.4M in total assets as of fiscal year 2025, including both current and long-term assets.

How much does StableX Technologies Inc spend on research and development?

StableX Technologies Inc (SBLX) invested $1.4M in research and development during fiscal year 2025.

How many shares does StableX Technologies Inc have outstanding?

StableX Technologies Inc (SBLX) had 1M shares outstanding as of fiscal year 2025.

What is StableX Technologies Inc's current ratio?

StableX Technologies Inc (SBLX) had a current ratio of 5.60 as of fiscal year 2025, which is generally considered healthy.

What is StableX Technologies Inc's debt-to-equity ratio?

StableX Technologies Inc (SBLX) had a debt-to-equity ratio of 2.07 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is StableX Technologies Inc's return on assets (ROA)?

StableX Technologies Inc (SBLX) had a return on assets of -184.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is StableX Technologies Inc's cash runway?

Based on fiscal year 2025 data, StableX Technologies Inc (SBLX) had $5.0M in cash against an annual operating cash burn of $7.7M. This gives an estimated cash runway of approximately 8 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.

What is StableX Technologies Inc's Piotroski F-Score?

StableX Technologies Inc (SBLX) 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are StableX Technologies Inc's earnings high quality?

StableX Technologies Inc (SBLX) has an earnings quality ratio of 0.36x, 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 StableX Technologies Inc cover its interest payments?

StableX Technologies Inc (SBLX) has an interest coverage ratio of -82.6x, 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.

How financially healthy is StableX Technologies Inc?

StableX Technologies Inc (SBLX) scores 27 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.