AEI · XBRL financial data
Alset financial statements, every fiscal year
The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (AEI's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | †Dec 31, 2021 | †Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | 16,238 | — | — | — | 450 | — |
| Revenue from contracts with customers | 16,238 | 19,799 | 4,480 | 22,089 | 21,116 | 4,471 |
| Cost of revenue | — | 11,302 | 3,732 | 14,576 | 12,783 | 3,222 |
| Cost of goods and services sold | 12,086 | 11,302 | 3,732 | 14,576 | 12,783 | 3,222 |
| Gross profit | 4,153 | 8,497 | 748 | 7,512 | 8,333 | 1,249 |
| General and administrative | 5,843 | 23,491 | 7,838 | 9,529 | 10,837 | 15,009 |
| Total operating expenses | 17,929 | 34,793 | — | — | — | — |
| Operating income (loss) | (1,690) | (14,994) | (7,089) | (2,873) | (4,117) | (15,151) |
| Interest expense | 148 | 317 | 2 | 4 | 112 | 55 |
| Other income (expense) | (2,282) | 94 | 1,154 | — | — | — |
| Income tax expense (benefit) | 9 | 534 | — | 92 | 151 | 432 |
| Net income (loss) | (4,398) | (119,018) | (40,491) | (58,946) | (3,966) | (47,415) |
| Earnings per share, basic USD per share | — | (73.85) | (6.22) | (6.52) | (0.43) | (2.22) |
| Earnings per share, diluted USD per share | — | — | (6.22) | (6.52) | (0.43) | (2.22) |
| Weighted average shares, basic thousands of shares | — | 1,399 | 6,513 | 9,042 | 9,235 | 21,360 |
| Weighted average shares, diluted thousands of shares | — | — | 6,513 | 9,042 | 9,235 | 21,360 |
- † Share count changed about 13x in the period ending 2021-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 1/12 in the period ending 2022-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Balance sheet
CSVFiscal years (AEI's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | †Dec 31, 2021 | †Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 28,894 | 60,802 | 17,827 | 26,922 | 27,244 | 25,185 |
| Marketable securities | 48,857 | 36,337 | 6,288 | — | — | — |
| Accounts receivable | 1,366 | 40 | 47 | 78 | 76 | 57 |
| Inventory | 90 | 47 | 35 | 6 | 5 | 6 |
| Total current assets | 81,901 | 142,732 | 95,422 | 55,461 | 59,760 | 45,278 |
| Property and equipment, net | 85 | 264 | 1,298 | 742 | 595 | — |
| Right-of-use asset | 575 | 660 | 1,614 | 1,467 | 1,469 | 495 |
| Goodwill | — | — | — | 60 | — | — |
| Total assets | 103,317 | 184,210 | 153,490 | 126,314 | 96,762 | 136,587 |
| Accounts payable | 1,287 | — | — | — | — | — |
| Total current liabilities | 7,763 | 13,537 | 3,245 | 8,345 | 5,477 | 5,933 |
| Total deposits | 0 | — | — | — | — | — |
| Long-term debt | 636 | — | — | — | — | — |
| Lease liability, non-current | 193 | 383 | 1,582 | 596 | 993 | 332 |
| Total liabilities | 8,593 | 13,920 | 4,827 | 9,067 | 6,563 | 6,924 |
| Accumulated deficit | (43,011) | (148,233) | (188,724) | (247,886) | (251,852) | (299,266) |
| Total stockholders' equity | 57,101 | 148,378 | 137,654 | 88,189 | 81,331 | 121,075 |
| Total liabilities and equity | 103,317 | 184,210 | 153,490 | 126,314 | 96,762 | 136,587 |
| Common shares outstanding (cover page) thousands of shares | 8,580 | 113,188 | 9,235 | 9,235 | 10,735 | 38,896 |
- † Share count changed about 13x in the period ending 2021-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 1/12 in the period ending 2022-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Cash flows
CSVFiscal years (AEI's year ends in late December)
| In thousands of dollars | Dec 31, 2020 | †Dec 31, 2021 | †Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | (4,398) | (119,018) | (40,491) | (58,946) | (3,966) | (47,415) |
| Stock-based compensation | 1,564 | 134 | — | — | — | 2,420 |
| Net cash from operating activities | 1,645 | (16,684) | (31,855) | 7,479 | 5,156 | (5,928) |
| Purchases of property and equipment | 22 | 228 | 600 | 29 | 103 | 175 |
| Net cash from investing activities | (121) | (56,044) | (15,123) | (2,129) | 17,468 | 2,251 |
| Proceeds from issuing common stock | 13,202 | 104,566 | 6,213 | 3,434 | — | 2,615 |
| Share repurchases | — | — | — | — | 21,103 | — |
| Net cash from financing activities | 20,099 | 103,417 | 6,057 | 3,187 | (21,419) | 1,100 |
| Net change in cash | 23,247 | 30,689 | — | — | — | — |
- † Share count changed about 13x in the period ending 2021-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 1/12 in the period ending 2022-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Compare with peers
SIC 6500 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6500 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($K) | Revenue, quarter ($K) | Operating cash flow, quarter ($K) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Alset | 12,326 | 989 | (7,680)* | 38.9M | 1.6 quarters | 10-QJun 30, 2026 |
| Collab Z | 2,773 | 779 | (114)* | 5.2M | 24.4 quarters | 10-QMar 31, 2026 |
| Redwood Mortgage Investors IX | 5,808 | 1,337 | 225* | 0 | — | 10-QJun 30, 2026 |
| CaliberCos | 1,826 | 4,194 | (2,655)* | 10.4M | 0.7 quarters | 10-QJun 30, 2026 |
| reAlpha Tech | 2,231 | 1,110 | (2,354)* | 5.9M | 0.9 quarters | 10-QJun 30, 2026 |
| Video River Networks | 1.5 | not reported | 13* | 182.4M | — | 10-QJun 30, 2025 |
Not investment advice. Not affiliated with the U.S. SEC.