Scage Future Warrants (SCAGW) Financials
Newest figures come from the 10-K for FY2025, filed Nov 12, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SCAGW SEC filings page.
Scage Future Warrants (SCAGW) reported $11.1M in revenue for fiscal year 2025, up 82.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 3 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).
Revenue growth is being absorbed by worsening unit economics, expanding overhead, and financing-dependent cash needs.
In FY2025, revenue reached$11.1M while gross margin was-6.4% , so the larger sales base still did not cover direct costs. Operating margin worsened to-120.6% as SG&A reached$10.7M , indicating overhead—not just product cost—became the dominant drag.
Free cash flow nearly matched operating cash flow at about
Current ratio fell from 0.7x in FY2024 to 0.2x in FY2025, showing liquidity tightened even as the balance sheet expanded. Total liabilities of
Financial Health Signals
Scage Future Warrants 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.
Scage Future Warrants passes 2 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
Scage Future Warrants reported a net loss of $12.9M while operations used $5.9M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Scage Future Warrants reported an operating loss of $13.4M against $338K 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
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
Scage Future Warrants held $91K 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.
SCAGW 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.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
SCAGW 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 | Q4'2410-K |
|---|---|---|
| Total Assets | $26.5M+150.9% | $10.6M |
| Current Assets | $5.0M-41.4% | $8.6M |
| Cash & Equivalents | $91K-95.4% | $2.0M |
| Short-Term Investments | $0 | $0 |
| Inventory | $1.0M-39.2% | $1.7M |
| Accounts Receivable | $2.6M+28.7% | $2.0M |
| Long-Term Investments | $20.3M | $0 |
| Total Liabilities | $27.4M-25.0% | $36.6M |
| Current Liabilities | $25.4M+100.3% | $12.7M |
| Non-Current Liabilities | $2.0M+2227.4% | $87K |
| Total Equity | -$5.3M+79.7% | -$26.0M |
| Retained Earnings | -$40.2M-47.5% | -$27.3M |
Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.
SCAGW 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: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
SCAGW 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.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Debt-to-Equity, Asset Turnover, FCF Margin.
Note: Shareholder equity is negative (-$5.3M), 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 (0.20), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Where Scage Future Warrants Ranks
Frequently Asked Questions
What is Scage Future Warrants's annual revenue?
Scage Future Warrants (SCAGW) reported $11.1M in total revenue for fiscal year 2025. This represents a 82.0% 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 Scage Future Warrants's revenue growing?
Scage Future Warrants (SCAGW) revenue grew by 82.0% year-over-year, from $6.1M to $11.1M in fiscal year 2025.
Is Scage Future Warrants profitable?
No, Scage Future Warrants (SCAGW) reported a net income of -$12.9M in fiscal year 2025.
What is Scage Future Warrants's EBITDA?
Scage Future Warrants (SCAGW) had EBITDA of -$13.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Scage Future Warrants's gross margin?
Scage Future Warrants (SCAGW) had a gross margin of -6.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Scage Future Warrants's free cash flow?
Scage Future Warrants (SCAGW) recorded an outflow of $5.9M in free cash flow during fiscal year 2025. This represents a 5.9% 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 Scage Future Warrants's operating cash flow?
Scage Future Warrants (SCAGW) recorded an outflow of $5.9M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Scage Future Warrants's total assets?
Scage Future Warrants (SCAGW) had $26.5M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Scage Future Warrants's capital expenditures?
Scage Future Warrants (SCAGW) invested $13K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Scage Future Warrants spend on research and development?
Scage Future Warrants (SCAGW) invested $1.5M in research and development during fiscal year 2025.
What is Scage Future Warrants's current ratio?
Scage Future Warrants (SCAGW) had a current ratio of 0.20 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Scage Future Warrants's return on assets (ROA)?
Scage Future Warrants (SCAGW) had a return on assets of -48.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Why is Scage Future Warrants's debt-to-equity ratio negative or not reported?
Scage Future Warrants (SCAGW) has negative shareholder equity of -$5.3M 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 Scage Future Warrants's Piotroski F-Score?
Scage Future Warrants (SCAGW) 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 Scage Future Warrants's earnings high quality?
Scage Future Warrants (SCAGW) reported a net loss of $12.9M while operations used $5.9M 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 Scage Future Warrants cover its interest payments?
Scage Future Warrants (SCAGW) reported an operating loss of $13.4M against $338K 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.