SB TECHNOLOGY HOLDINGS (VGLS) Financials
SB TECHNOLOGY HOLDINGS (VGLS) reported $0 in revenue for fiscal year 2014. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 2 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
SB TECHNOLOGY HOLDINGS 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.
SB TECHNOLOGY HOLDINGS passes 1 of 7 computable financial strength tests (2 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), neither operating efficiency signal passes.
SB TECHNOLOGY HOLDINGS reported a net loss of $6.2M while operations used $1.9M of cash. With neither figure positive, the ratio between the two carries no quality signal.
SB TECHNOLOGY HOLDINGS reported an operating loss of $4.1M against $2.8M 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
SB TECHNOLOGY HOLDINGS generated $0 in revenue in Q3 2015.
SB TECHNOLOGY HOLDINGS reported -$1.0M in net income in Q3 2015. This represents an increase of 4.7% from the same quarter a year earlier. Against the prior quarter it is up 27.5%.
Not reported for Q3 2015.
Not reported for Q3 2015.
Cash & Balance Sheet
SB TECHNOLOGY HOLDINGS held $23K in cash as of Q3 2015; long-term debt is not reported for that period.
Not reported for Q3 2015.
Not reported for Q3 2015.
Margins & Returns
None of these metrics is reported for Q3 2015.
Capital Allocation
SB TECHNOLOGY HOLDINGS invested $140K in research and development in Q3 2015. This represents a decrease of 58.8% from the same quarter a year earlier. Against the prior quarter it is down 13.9%.
Not reported for Q3 2015.
Not reported for Q3 2015.
VGLS 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 | Q3'15 | Q2'15 | Q1'15 | Q4'14 | Q3'14 | Q2'14 | Q1'14 | Q4'13 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $0 | N/A | $0 | $0 | $0 | N/A |
| R&D Expenses | $140K-58.8% | $163K-27.4% | $160K-61.2% | N/A | $340K+13.2% | $224K | $412K | N/A |
| SG&A Expenses | $119K+83.7% | $127K-57.1% | $138K-62.5% | N/A | $65K+22.2% | $296K | $370K | N/A |
| Operating Income | -$644K+19.3% | -$739K+35.8% | -$801K+51.5% | N/A | -$799K+6.4% | -$1.2M | -$1.7M | N/A |
| EBITDA | N/A | N/A | N/A | N/A | -$799K+6.4% | N/A | N/A | N/A |
| Interest Expense | $250K-63.6% | $432K-22.1% | $715K-16.1% | N/A | $688K+859.6% | $554K | $852K | N/A |
| Net Income | -$1.0M+4.7% | -$1.4M+30.0% | -$1.5M+45.9% | N/A | -$1.1M+31.4% | -$2.0M | -$2.7M | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, Income Tax, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
VGLS 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 | Q3'15 | Q2'15 | Q1'15 | Q4'14 | Q3'14 | Q2'14 | Q1'14 | Q4'13 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.1M-1.8% | $1.1M | $1.2M | $1.3M-29.1% | $1.1M | N/A | N/A | $1.9M |
| Current Assets | $40K-33.3% | $39K | $92K | $246K-68.8% | $60K | N/A | N/A | $789K |
| Cash & Equivalents | $23K-57.4% | $4K-86.8% | $30K-79.8% | $34K-95.2% | $54K+261.8% | $33K | $149K | $714K |
| Total Liabilities | $5.5M-13.4% | $6.0M | $5.9M | $5.8M-8.0% | $6.3M | N/A | N/A | $6.3M |
| Current Liabilities | $5.5M-13.4% | $6.0M | $5.9M | $5.8M-8.0% | $6.3M | N/A | N/A | $6.3M |
| Non-Current Liabilities | $0 | $0 | $0 | $0 | $0 | N/A | N/A | $0 |
| Total Equity | -$4.3M+16.0% | -$4.8M | -$4.7M | -$4.5M-0.8% | -$5.2M | N/A | N/A | -$4.5M |
| Retained Earnings | -$109.8M-4.1% | -$108.8M | -$107.4M | -$106.0M-6.2% | -$105.5M | N/A | N/A | -$99.8M |
Not reported in any period shown, so not listed: Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Goodwill, Long-Term Debt.
VGLS 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.
| Metric | Q3'15 | Q2'15 | Q1'15 | Q4'14 | Q3'14 | Q2'14 | Q1'14 | Q4'13 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$48K+89.7% | -$238K+23.1% | -$165K+77.2% | -$407K+24.5% | -$468K | -$309K | -$725K | -$540K |
| Depreciation & Amortization | N/A | N/A | N/A | N/A | $0 | N/A | N/A | N/A |
| Stock-Based Compensation | N/A | N/A | $92K | N/A | N/A | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | $0 | N/A | N/A | N/A | $0 |
| Free Cash Flow | N/A | N/A | N/A | -$407K+24.5% | N/A | N/A | N/A | -$540K |
Not reported in any period shown, so not listed: Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
VGLS 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 | Q3'15 | Q2'15 | Q1'15 | Q4'14 | Q3'14 | Q2'14 | Q1'14 | Q4'13 |
|---|---|---|---|---|---|---|---|---|
| Return on Assets | -90.7%+2.8pp | -125.3% | -125.1% | N/A | -93.5% | N/A | N/A | N/A |
| Current Ratio | 0.010.0x | 0.01 | 0.02 | 0.04-0.1x | 0.01 | N/A | N/A | 0.12 |
| Asset Turnover | 0.000.0x | 0.00 | 0.00 | N/A | 0.00 | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Debt-to-Equity, FCF Margin.
Note: Shareholder equity is negative (-$4.5M), 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 (0.04), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Where SB TECHNOLOGY HOLDINGS Ranks
Frequently Asked Questions
What is SB TECHNOLOGY HOLDINGS's annual revenue?
SB TECHNOLOGY HOLDINGS (VGLS) reported $0 in total revenue for fiscal year 2014. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Is SB TECHNOLOGY HOLDINGS profitable?
No, SB TECHNOLOGY HOLDINGS (VGLS) reported a net income of -$6.2M in fiscal year 2014.
What is SB TECHNOLOGY HOLDINGS's EBITDA?
SB TECHNOLOGY HOLDINGS (VGLS) had EBITDA of -$4.1M in fiscal year 2014, measuring earnings before interest, taxes, depreciation, and amortization.
What is SB TECHNOLOGY HOLDINGS's free cash flow?
SB TECHNOLOGY HOLDINGS (VGLS) recorded an outflow of $1.9M in free cash flow during fiscal year 2014. This represents a -84.0% 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 SB TECHNOLOGY HOLDINGS's operating cash flow?
SB TECHNOLOGY HOLDINGS (VGLS) recorded an outflow of $1.9M in operating cash flow during fiscal year 2014, representing cash used by core business activities.
What are SB TECHNOLOGY HOLDINGS's total assets?
SB TECHNOLOGY HOLDINGS (VGLS) had $1.3M in total assets as of fiscal year 2014, including both current and long-term assets.
What are SB TECHNOLOGY HOLDINGS's capital expenditures?
SB TECHNOLOGY HOLDINGS (VGLS) reported no capital expenditure during fiscal year 2014.
How much does SB TECHNOLOGY HOLDINGS spend on research and development?
SB TECHNOLOGY HOLDINGS (VGLS) invested $866K in research and development during fiscal year 2014.
What is SB TECHNOLOGY HOLDINGS's current ratio?
SB TECHNOLOGY HOLDINGS (VGLS) had a current ratio of 0.04 as of fiscal year 2014, which is below 1.0, which may suggest potential liquidity concerns.
What is SB TECHNOLOGY HOLDINGS's return on assets (ROA)?
SB TECHNOLOGY HOLDINGS (VGLS) had a return on assets of -467.8% for fiscal year 2014, measuring how efficiently the company uses its assets to generate profit.
Why is SB TECHNOLOGY HOLDINGS's debt-to-equity ratio negative or not reported?
SB TECHNOLOGY HOLDINGS (VGLS) has negative shareholder equity of -$4.5M as of fiscal year 2014, 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 SB TECHNOLOGY HOLDINGS's Piotroski F-Score?
SB TECHNOLOGY HOLDINGS (VGLS) has a Piotroski F-Score of 1 out of 7 computable signals; 2 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 SB TECHNOLOGY HOLDINGS's earnings high quality?
SB TECHNOLOGY HOLDINGS (VGLS) reported a net loss of $6.2M while operations used $1.9M 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 SB TECHNOLOGY HOLDINGS cover its interest payments?
SB TECHNOLOGY HOLDINGS (VGLS) reported an operating loss of $4.1M against $2.8M 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.