AVX · XBRL financial data
Avax One Technology financial statements, every fiscal year
The same tables from 5 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 (AVX's year ends in late December)
| In thousands of dollars | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | †Dec 31, 2024 | †Dec 31, 2025 |
|---|---|---|---|---|---|
| Revenue | — | — | 16 | 68 | 2,341 |
| Revenue from contracts with customers | — | — | 16 | 68 | 2,341 |
| Cost of goods and services sold | — | — | 14 | 89 | — |
| Gross profit | — | — | 3 | (21) | — |
| Research and development | 474 | 616 | 7 | 211 | 19 |
| General and administrative | 780 | 1,328 | 1,042 | 669 | 1,134 |
| Total operating expenses | — | 13,656 | 11,156 | 10,381 | 24,006 |
| Operating income (loss) | (6,929) | (13,656) | (11,153) | (10,402) | (21,665) |
| Other income (expense) | — | — | — | 29 | (33) |
| Net income (loss) | (6,643) | (12,873) | (11,733) | (16,275) | (33,195) |
| Earnings per share, basic USD per share | (0.66) | (0.71) | (10.11) | (22.81) | (2.03) |
| Earnings per share, diluted USD per share | — | (35.60) | (10.11) | (28.84) | (2.15) |
| Weighted average shares, basic thousands of shares | 11,164 | 18,080 | 1,161 | 714 | 16,391 |
| Weighted average shares, diluted thousands of shares | — | 362 | 1,161 | 407 | 16,647 |
- † Share count changed about 1/13 in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 52x in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Balance sheet
CSVFiscal years (AVX's year ends in late December)
| In thousands of dollars | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | †Dec 31, 2024 | †Dec 31, 2025 |
|---|---|---|---|---|---|
| Cash and cash equivalents | 7,775 | 2,269 | 3,879 | 490 | 22,135 |
| Inventory | — | — | 39 | 42 | — |
| Prepaid and other current assets | 29 | 598 | 273 | 559 | 5,863 |
| Total current assets | 8,117 | 2,917 | 4,221 | 1,307 | 33,504 |
| Property and equipment, net | 41 | 122 | 12 | 809 | 4,246 |
| Right-of-use asset | — | 1,541 | — | — | — |
| Goodwill | — | — | — | 295 | 1,535 |
| Total assets | 11,765 | 21,847 | 17,368 | 10,764 | 194,965 |
| Accounts payable | 414 | 498 | 578 | 696 | 545 |
| Accrued liabilities | 981 | 366 | 868 | 1,887 | 735 |
| Total current liabilities | 2,286 | 5,361 | 6,042 | 4,320 | 7,989 |
| Lease liability, non-current | — | 1,250 | — | — | — |
| Total liabilities | 3,765 | 11,304 | 8,803 | 4,653 | 7,989 |
| Accumulated deficit | (19,901) | (32,774) | (44,507) | (60,782) | (93,977) |
| Total stockholders' equity | 8,000 | 10,543 | 8,565 | 6,111 | 186,976 |
| Total liabilities and equity | 11,765 | 21,847 | 17,368 | 10,764 | 194,965 |
| Common shares outstanding (cover page) thousands of shares | 15,177 | 18,156 | 22,574 | 1,740 | 89,799 |
- † Share count changed about 1/13 in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 52x in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Cash flows
CSVFiscal years (AVX's year ends in late December)
| In thousands of dollars | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | †Dec 31, 2024 | †Dec 31, 2025 |
|---|---|---|---|---|---|
| Net income (loss) | (6,643) | (12,873) | (11,733) | (16,275) | (33,195) |
| Stock-based compensation | 796 | 421 | 318 | 23 | 1,796 |
| Net cash from operating activities | (5,137) | (12,079) | (6,505) | (5,271) | (14,446) |
| Net cash from investing activities | (1,007) | (640) | (225) | (1,870) | (115,512) |
| Proceeds from issuing common stock | — | — | 1,343 | 2,776 | 1,559 |
| Share repurchases | — | — | — | — | 258 |
| Proceeds from long-term debt | 16 | — | — | — | — |
| Repayments of long-term debt | 750 | — | — | — | — |
| Net cash from financing activities | 13,405 | 7,560 | 8,274 | 3,610 | 151,712 |
| Net change in cash | 7,122 | (5,506) | 1,609 | (3,389) | 21,646 |
- † Share count changed about 1/13 in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 52x in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Compare with peers
SIC 6199 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6199 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 |
|---|---|---|---|---|---|---|
| Avax One Technology | 11,368 | 2,817 | (3,722)* | 7.4M | 3.1 quarters | 10-QJun 30, 2026 |
| Forum Markets | 4,102 | 1,365 | (12,442)* | 13.2M | 3.9 quarters | 10-QJun 30, 2026 |
| SHF Holdings | 5,730 | 1,935 | (1,755)* | 12.3M | 3.3 quarters | 10-QJun 30, 2026 |
| Forward Industries | 10,965 | 10,780 | (3,351)* | 73.8M | 3.3 quarters | 10-QJun 30, 2026 |
| Stablecoin Development | 7,153 | 2,140 | (1,120)* | 73.1M | 2.4 quarters | 10-QSep 30, 2026 |
| SUI Group Holdings | 3,141 | 363 | (1,888)* | 76.8M | 1.7 quarters | 10-QJun 30, 2026 |
| Empery Digital | 3,590 | 80 | (6,897)* | 28.1M | 0.5 quarters | 10-QJun 30, 2026 |
| Eightco Holdings | 11,003 | 2,068 | (5,006)* | 429.8M | 12.4 quarters | 10-QJun 30, 2026 |
| Cotwo Advisors Physical European Carbon Allowance Trust | 19 | not reported | 5.5* | 100,000 | — | 10-QAug 31, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.