Solidion Tech Financials
This page shows Solidion Tech (STI) financial statements, including the 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).
Financial Health Signals
Solidion Tech passes 3 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
For every $1 of reported earnings, Solidion Tech generates $0.28 in operating cash flow ($7.4M OCF vs $25.9M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Solidion Tech earns $-36.2 in operating income for every $1 of interest expense (-$13.3M vs $367K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Solidion Tech's EBITDA was -$12.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 171.5% from the prior year.
Solidion Tech reported $25.9M in net income in fiscal year 2025. This represents an increase of 587.0% from the prior year.
Solidion Tech earned $-0.26 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 225.0% from the prior year.
Cash & Balance Sheet
Solidion Tech held $3.4M in cash against $0 in long-term debt as of fiscal year 2025.
Solidion Tech had 123M shares outstanding in fiscal year 2025. This represents an increase of 76.6% from the prior year.
Margins & Returns
Capital Allocation
Solidion Tech invested $2.4M in research and development in fiscal year 2025. This represents a decrease of 21.4% from the prior year.
STI Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9K+133.8% | $4K | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | $4K+85.7% | $2K | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | $5K+200.6% | $2K | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | $524K+31.0% | $400K-70.5% | $1.4M | N/A | $460K+14.8% | $401K-45.0% | $729K | N/A |
| SG&A Expenses | $1.2M-11.9% | $1.4M-21.9% | $1.8M | N/A | $3.7M+47.4% | $2.5M-16.4% | $3.0M | N/A |
| Operating Income | -$1.7M+2.5% | -$1.8M+43.0% | -$3.1M | N/A | -$4.2M-42.9% | -$2.9M+22.0% | -$3.8M | N/A |
| Interest Expense | $112K-0.1% | $112K+5.7% | $106K | N/A | $23K+19.4% | $19K+413.1% | $4K | N/A |
| Income Tax | N/A | N/A | N/A | N/A | $0 | $0 | $0 | N/A |
| Net Income | -$4.1M-93.6% | -$2.1M-123.0% | $9.2M | N/A | -$6.6M-130.1% | $22.0M+167.7% | -$32.5M | N/A |
| EPS (Diluted) | $-1.33-90.0% | $-0.70 | $3.04 | N/A | $-3.23-128.2% | $11.45+155.8% | $-20.53 | N/A |
STI Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $5.1M-4.7% | $5.3M-19.8% | $6.7M-16.4% | $8.0M+30.4% | $6.1M-6.7% | $6.5M-23.1% | $8.5M+91.9% | $4.4M |
| Current Assets | $1.0M-17.5% | $1.2M-53.2% | $2.6M-32.8% | $3.9M+90.9% | $2.0M+25.0% | $1.6M-53.6% | $3.5M+1260.8% | $258K |
| Cash & Equivalents | $161K+40.0% | $115K-90.2% | $1.2M-65.1% | $3.4M+182.1% | $1.2M+363.4% | $257K-85.9% | $1.8M+233695.0% | $780 |
| Inventory | $24K0.0% | $24K0.0% | $24K0.0% | $24K0.0% | $24K0.0% | $24K+7.5% | $23K0.0% | $23K |
| Accounts Receivable | $6K+8.8% | $5K+411.6% | $9990.0% | $9990.0% | $9990.0% | $999+0.1% | $998-53.9% | $2K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $22.5M+15.8% | $19.4M+3.2% | $18.8M-39.0% | $30.9M+24.0% | $24.9M+0.8% | $24.7M-49.7% | $49.1M+4729.0% | $1.0M |
| Current Liabilities | N/A | $19.4M | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$17.4M-23.5% | -$14.1M-15.7% | -$12.2M+46.8% | -$22.9M-21.9% | -$18.8M-3.4% | -$18.2M+55.3% | -$40.6M-1290.7% | $3.4M |
| Retained Earnings | -$112.9M-3.8% | -$108.8M-2.0% | -$106.7M+7.9% | -$115.9M-8.2% | -$107.1M-6.6% | -$100.5M+18.0% | -$122.5M-381.4% | -$25.4M |
STI Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$352K+61.5% | -$914K+61.0% | -$2.3M-117.9% | $13.1M+711.2% | -$2.1M-42.3% | -$1.5M+26.5% | -$2.0M-165.2% | -$769K |
| Capital Expenditures | $0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | -$352K | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$32K+77.1% | -$141K-252.0% | -$40K+27.2% | -$55K-66.6% | -$33K+50.2% | -$66K+27.2% | -$91K-22.4% | -$75K |
| Financing Cash Flow | $430K+93583.0% | -$460-100.2% | $199K-94.9% | $3.9M+26.4% | $3.1M+6328614.3% | $49-100.0% | $4.0M+369.3% | $843K |
| 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 |
STI Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 53.8%+12.0pp | 41.8% | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | -18640.6%+26037.5pp | -44678.1% | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | -43766.3%+9080.2pp | -52846.5% | 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 | -80.5%-40.8pp | -39.6%-177.9pp | 138.2% | N/A | -108.8%-445.5pp | 336.7%+719.4pp | -382.8% | N/A |
| Current Ratio | N/A | 0.06 | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | -1.29+0.1 | -1.38+0.2 | -1.55-0.2 | -1.35-0.0 | -1.32+0.0 | -1.36-0.2 | -1.21-1.5 | 0.30 |
| FCF Margin | -3762.4% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$22.9M), 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 Solidion Tech profitable?
Yes, Solidion Tech (STI) reported a net income of $25.9M in fiscal year 2025.
What is Solidion Tech's EBITDA?
Solidion Tech (STI) had EBITDA of -$12.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Solidion Tech's operating cash flow?
Solidion Tech (STI) generated $7.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Solidion Tech's total assets?
Solidion Tech (STI) had $8.0M in total assets as of fiscal year 2025, including both current and long-term assets.
How much does Solidion Tech spend on research and development?
Solidion Tech (STI) invested $2.4M in research and development during fiscal year 2025.
What is Solidion Tech's debt-to-equity ratio?
Solidion Tech (STI) had a debt-to-equity ratio of -1.35 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Solidion Tech's return on assets (ROA)?
Solidion Tech (STI) had a return on assets of 325.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Why is Solidion Tech's debt-to-equity ratio negative or unusual?
Solidion Tech (STI) has negative shareholder equity of -$22.9M as of fiscal year 2025, 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 Solidion Tech's Piotroski F-Score?
Solidion Tech (STI) has a Piotroski F-Score of 3 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 Solidion Tech's earnings high quality?
Solidion Tech (STI) has an earnings quality ratio of 0.28x, 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 Solidion Tech cover its interest payments?
Solidion Tech (STI) has an interest coverage ratio of -36.2x, 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.