This page shows Sintx Technologies Inc (SINT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 13 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).
Sintx is still functioning as a development-stage platform, with external financing supporting cash burn that remains far larger than product sales.
Year-end cash edged up to$4.1M in FY2025 despite a free cash outflow of$8.8M . Financing inflows of$8.2M supplied most of that gap, showing cash conversion is still negative and that liquidity is being maintained by recapitalization rather than by sales; the same funding pattern also appeared in FY2024 and FY2023.
FY2025 revenue fell to
Debt-to-equity rose to 2.2x in FY2025 from 1.4x in FY2024. Current liquidity also narrowed, with the current ratio moving to 1.5x from 2.3x, so the company still covers near-term obligations but with a thinner equity cushion after repeated losses.
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Sintx 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.
Sintx Technologies Inc scores -45.58, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($8.9M) relative to total liabilities ($6.6M). 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.
Sintx Technologies Inc 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.
For every $1 of reported earnings, Sintx Technologies Inc generates $0.83 in operating cash flow (-$8.6M OCF vs -$10.4M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Earnings & Revenue
Sintx Technologies Inc generated $1.0M in revenue in fiscal year 2025. This represents a decrease of 64.7% from the prior year.
Sintx Technologies Inc's EBITDA was -$10.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 23.6% from the prior year.
Sintx Technologies Inc reported -$10.4M in net income in fiscal year 2025. This represents an increase of 6.0% from the prior year.
Sintx Technologies Inc earned $-6.16 per diluted share (EPS) in fiscal year 2025. This represents an increase of 59.4% from the prior year.
Cash & Balance Sheet
Sintx Technologies Inc generated -$8.8M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 6.2% from the prior year.
Sintx Technologies Inc held $4.1M in cash against $0 in long-term debt as of fiscal year 2025.
Sintx Technologies Inc had 4M shares outstanding in fiscal year 2025. This represents an increase of 195.7% from the prior year.
Margins & Returns
Sintx Technologies Inc's gross margin was 45.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 26.6 percentage points from the prior year.
Sintx Technologies Inc's operating margin was -1053.1% in fiscal year 2025, reflecting core business profitability. This is down 566.6 percentage points from the prior year.
Sintx Technologies Inc's net profit margin was -1018.1% in fiscal year 2025, showing the share of revenue converted to profit. This is down 636.2 percentage points from the prior year.
Sintx Technologies Inc's ROE was -353.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 70.7 percentage points from the prior year.
Capital Allocation
Sintx Technologies Inc invested $4.6M in research and development in fiscal year 2025. This represents a decrease of 11.8% from the prior year.
Sintx Technologies Inc spent $133K on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
Sintx Technologies Inc invested $185K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 73.2% from the prior year.
SINT Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $380K+31.0% | $290K+39.4% | $208K+37.7% | $151K-59.1% | $369K-31.9% | $542K-32.2% | $799K-7.0% | $859K |
| Cost of Revenue | $236K+131.4% | $102K-11.3% | $115K+22.3% | $94K-61.8% | $246K+59.7% | $154K-26.7% | $210K-6.3% | $224K |
| Gross Profit | $144K-23.4% | $188K+102.2% | $93K+63.2% | $57K-53.7% | $123K-68.3% | $388K-34.1% | $589K-7.2% | $635K |
| R&D Expenses | $364K-62.4% | $969K-23.3% | $1.3M+2.1% | $1.2M+10.9% | $1.1M+57.4% | $709K-10.9% | $796K-52.5% | $1.7M |
| SG&A Expenses | $2.5M+72.9% | $1.5M-30.3% | $2.1M+60.5% | $1.3M-0.7% | $1.3M+31.9% | $1.0M+24.7% | $802K-25.2% | $1.1M |
| Operating Income | -$3.2M-38.4% | -$2.3M+30.9% | -$3.4M-25.9% | -$2.7M-11.8% | -$2.4M-37.6% | -$1.7M+73.0% | -$6.4M-136.5% | -$2.7M |
| 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 | -$2.8M-27.4% | -$2.2M+37.4% | -$3.5M-52.7% | -$2.3M-1.1% | -$2.3M-35.2% | -$1.7M+72.8% | -$6.2M-183.1% | -$2.2M |
| EPS (Diluted) | $-0.70 | N/A | $-3.46-280.2% | $-0.91+29.5% | $-1.29 | N/A | $-6.96-92.8% | $-3.61 |
SINT Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $7.8M-17.8% | $9.5M-16.3% | $11.4M+23.6% | $9.2M-19.7% | $11.4M+21.6% | $9.4M-16.7% | $11.3M-26.1% | $15.3M |
| Current Assets | $4.3M-23.5% | $5.7M-23.6% | $7.4M+33.3% | $5.5M-27.2% | $7.6M+68.5% | $4.5M-28.6% | $6.3M+8.0% | $5.9M |
| Cash & Equivalents | $1.9M-54.4% | $4.1M-33.8% | $6.3M+44.7% | $4.3M-33.5% | $6.5M+80.7% | $3.6M-25.3% | $4.8M+5.6% | $4.6M |
| Inventory | $1.4M+69.0% | $825K+84.6% | $447K+25.9% | $355K-16.5% | $425K-15.3% | $502K+8.4% | $463K-54.6% | $1.0M |
| Accounts Receivable | $91K | N/A | N/A | N/A | $91K | N/A | N/A | N/A |
| Goodwill | $302K0.0% | $302K0.0% | $302K | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $6.9M+5.0% | $6.6M-9.9% | $7.3M+40.1% | $5.2M-2.8% | $5.4M-2.9% | $5.5M-3.5% | $5.7M-11.3% | $6.5M |
| Current Liabilities | $4.2M+11.8% | $3.7M-14.1% | $4.3M+101.4% | $2.2M-2.4% | $2.2M+11.6% | $2.0M-4.7% | $2.1M-31.1% | $3.0M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $904K-69.1% | $2.9M-28.0% | $4.1M+2.0% | $4.0M-34.5% | $6.1M+56.4% | $3.9M-30.2% | $5.6M-36.9% | $8.8M |
| Retained Earnings | -$294.9M-1.0% | -$292.1M-0.8% | -$289.9M-1.2% | -$286.3M-198.1% | $292.0M+203.6% | -$281.7M-0.6% | -$280.0M-2.3% | -$273.8M |
SINT Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$2.5M-6.3% | -$2.3M+6.9% | -$2.5M-4.5% | -$2.4M-85.2% | -$1.3M-15.7% | -$1.1M+56.3% | -$2.6M-16.0% | -$2.2M |
| Capital Expenditures | $7K-83.3% | $42K-50.0% | $84K | $0-100.0% | $59K-59.6% | $146K+1227.3% | $11K-96.9% | $359K |
| Free Cash Flow | -$2.5M-4.7% | -$2.4M+8.3% | -$2.6M-8.0% | -$2.4M-77.1% | -$1.4M-7.1% | -$1.3M+50.8% | -$2.6M-0.3% | -$2.6M |
| Investing Cash Flow | -$7K+83.3% | -$42K-106.3% | $666K+89.2% | $352K+658.7% | -$63K-730.0% | $10K+132.3% | -$31K | $0 |
| Financing Cash Flow | $247K-10.5% | $276K-92.7% | $3.8M+3174.0% | -$123K-102.9% | $4.3M+4282.4% | -$102K-103.6% | $2.9M+183.0% | $1.0M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $86K | $0 | $0-100.0% | $47K-45.3% | $86K | N/A | N/A | N/A |
SINT Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 37.9%-26.9pp | 64.8%+20.1pp | 44.7%+7.0pp | 37.8%+4.4pp | 33.3%-38.3pp | 71.6%-2.1pp | 73.7%-0.2pp | 73.9% |
| Operating Margin | -844.0%-44.6pp | -799.3%+813.7pp | -1613.0%+151.9pp | -1764.9%-1119.1pp | -645.8%-326.2pp | -319.6%+482.4pp | -802.0%-486.5pp | -315.5% |
| Net Margin | -742.4%+21.4pp | -763.8%+937.6pp | -1701.4%-166.3pp | -1535.1%-914.0pp | -621.1%-308.4pp | -312.7%+468.1pp | -780.9%-524.3pp | -256.6% |
| Return on Equity | -312.1%-236.4pp | -75.6%+11.4pp | -87.0%-28.9pp | -58.1%-20.5pp | -37.6%+5.9pp | -43.5%+68.3pp | -111.8%-86.9pp | -24.9% |
| Return on Assets | -36.1%-12.8pp | -23.3%+7.8pp | -31.1%-5.9pp | -25.2%-5.2pp | -20.0%-2.0pp | -18.0%+37.2pp | -55.2%-40.8pp | -14.4% |
| Current Ratio | 1.04-0.5 | 1.51-0.2 | 1.70-0.9 | 2.57-0.9 | 3.44+1.2 | 2.28-0.8 | 3.04+1.1 | 1.94 |
| Debt-to-Equity | 7.64+5.4 | 2.25+0.5 | 1.79+0.5 | 1.31+0.4 | 0.88-0.5 | 1.42+0.4 | 1.03+0.3 | 0.73 |
| FCF Margin | -657.4%+165.4pp | -822.8%+427.7pp | -1250.5%+344.9pp | -1595.4%-1226.8pp | -368.6%-134.2pp | -234.3%+88.7pp | -323.0%-23.4pp | -299.7% |
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Frequently Asked Questions
What is Sintx Technologies Inc's annual revenue?
Sintx Technologies Inc (SINT) reported $1.0M in total revenue for fiscal year 2025. This represents a -64.7% 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 Sintx Technologies Inc's revenue growing?
Sintx Technologies Inc (SINT) revenue declined by 64.7% year-over-year, from $2.9M to $1.0M in fiscal year 2025.
Is Sintx Technologies Inc profitable?
No, Sintx Technologies Inc (SINT) reported a net income of -$10.4M in fiscal year 2025, with a net profit margin of -1018.1%.
What is Sintx Technologies Inc's EBITDA?
Sintx Technologies Inc (SINT) had EBITDA of -$10.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Sintx Technologies Inc's gross margin?
Sintx Technologies Inc (SINT) had a gross margin of 45.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Sintx Technologies Inc's operating margin?
Sintx Technologies Inc (SINT) had an operating margin of -1053.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Sintx Technologies Inc's net profit margin?
Sintx Technologies Inc (SINT) had a net profit margin of -1018.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Sintx Technologies Inc's return on equity (ROE)?
Sintx Technologies Inc (SINT) has a return on equity of -353.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Sintx Technologies Inc's free cash flow?
Sintx Technologies Inc (SINT) generated -$8.8M in free cash flow during fiscal year 2025. This represents a 6.2% 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 Sintx Technologies Inc's operating cash flow?
Sintx Technologies Inc (SINT) generated -$8.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Sintx Technologies Inc's total assets?
Sintx Technologies Inc (SINT) had $9.5M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Sintx Technologies Inc's capital expenditures?
Sintx Technologies Inc (SINT) invested $185K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Sintx Technologies Inc spend on research and development?
Sintx Technologies Inc (SINT) invested $4.6M in research and development during fiscal year 2025.
What is Sintx Technologies Inc's current ratio?
Sintx Technologies Inc (SINT) had a current ratio of 1.51 as of fiscal year 2025, which is generally considered healthy.
What is Sintx Technologies Inc's debt-to-equity ratio?
Sintx Technologies Inc (SINT) had a debt-to-equity ratio of 2.25 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Sintx Technologies Inc's return on assets (ROA)?
Sintx Technologies Inc (SINT) had a return on assets of -109.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Sintx Technologies Inc's cash runway?
Based on fiscal year 2025 data, Sintx Technologies Inc (SINT) had $4.1M in cash against an annual operating cash burn of $8.6M. This gives an estimated cash runway of approximately 6 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 Sintx Technologies Inc's Altman Z-Score?
Sintx Technologies Inc (SINT) has an Altman Z-Score of -45.58, 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 Sintx Technologies Inc's Piotroski F-Score?
Sintx Technologies Inc (SINT) 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 Sintx Technologies Inc's earnings high quality?
Sintx Technologies Inc (SINT) has an earnings quality ratio of 0.83x, 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.
How financially healthy is Sintx Technologies Inc?
Sintx Technologies Inc (SINT) scores 40 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.