AXIL · XBRL financial data

Axil Brands 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

Fiscal years (AXIL's year ends in late May)

In thousands of dollars	FY 2021May 31, 2021	FY 2022May 31, 2022	FY 2023May 31, 2023	FY 2024†May 31, 2024	FY 2025May 31, 2025	FY 2026May 31, 2026
Revenue	1,634	2,336	23,521	27,499	26,258	30,848
Cost of revenue	—	—	—	—	7,585	9,415
Cost of goods and services sold	600	829	5,810	7,305	7,616	9,468
Gross profit	1,034	1,508	17,711	20,194	18,642	21,380
General and administrative	282	272	1,283	1,686	1,703	4,117
Total operating expenses	1,355	1,719	15,727	18,691	17,480	18,403
Operating income (loss)	(321)	(211)	1,984	1,503	1,161	2,977
Interest expense	6	7	3	4	4	3
Income tax expense (benefit)	—	—	231	(220)	454	440
Net income (loss)	(298)	(183)	1,825	2,003	855	2,699
Earnings per share, basic USD per share	—	0.00	0.02	0.57	0.13	0.40
Earnings per share, diluted USD per share	—	0.00	0.01	0.21	0.10	0.33
Weighted average shares, basic thousands of shares	—	41,946	112,895	5,869	6,440	6,745
Weighted average shares, diluted thousands of shares	—	41,946	357,385	16,168	8,217	8,256

† Share count changed about 1/18 in the period ending 2024-05-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (AXIL's year ends in late May)

In thousands of dollars	FY 2021May 31, 2021	FY 2022May 31, 2022	FY 2023May 31, 2023	FY 2024†May 31, 2024	FY 2025May 31, 2025	FY 2026May 31, 2026
Cash and cash equivalents	497	374	4,833	3,254	4,770	4,462
Inventory	491	323	1,312	3,394	2,534	4,420
Prepaid and other current assets	2	0	801	809	948	712
Total current assets	1,041	803	7,363	7,967	9,256	14,343
Property and equipment, net	37	29	157	261	412	390
Right-of-use asset	128	45	102	37	579	361
Goodwill	—	—	2,152	2,152	2,152	2,152
Total assets	1,263	894	10,169	10,974	12,870	17,957
Accounts payable	—	458	909	968	867	1,989
Accrued liabilities	—	—	17	93	24	—
Total current liabilities	712	707	2,855	2,798	2,463	4,503
Lease liability, non-current	47	—	37	—	405	209
Total liabilities	917	709	3,497	3,279	3,210	4,813
Retained earnings (accumulated deficit)	(5,109)	(5,292)	(3,467)	(134)	721	3,420
Total stockholders' equity	346	185	6,672	7,696	9,660	13,144
Total liabilities and equity	1,263	894	10,169	10,974	12,870	17,957
Common shares outstanding (cover page) thousands of shares	41,946	114,970	117,077	6,394	6,658	6,823

† Share count changed about 1/18 in the period ending 2024-05-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (AXIL's year ends in late May)

In thousands of dollars	FY 2021May 31, 2021	FY 2022May 31, 2022	FY 2023May 31, 2023	FY 2024†May 31, 2024	FY 2025May 31, 2025	FY 2026May 31, 2026
Net income (loss)	(298)	(183)	1,825	2,003	855	2,699
Stock-based compensation	139	22	207	267	1,109	785
Depreciation and amortization	—	8	95	131	148	247
Net cash from operating activities	48	(126)	2,918	3	1,929	(10)
Purchases of property and equipment	15	—	66	138	213	79
Net cash from investing activities	(15)	—	1,001	(161)	(394)	(210)
Net cash from financing activities	55	3	540	(1,421)	(18)	(88)

† Share count changed about 1/18 in the period ending 2024-05-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

SIC 2844 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 2844 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-K, the year less the first three quarters; 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
Axil Brands	7,929	6,090	3,763	6.8M	—	Q1 FY27 10-QAug 31, 2026
Solesence	1,046	15,332	191*	70.6M	—	Q2 FY26 10-QJun 30, 2026
Bowen Acquisition	4.1	not reported	(2.9)*	2.5M	1.4 quarters	Q2 FY26 10-QJun 30, 2026
Bonk	214	793	(2,226)*	8.0M	0.1 quarters	Q2 FY26 10-QJun 30, 2026
Karbon-X	335	344	(1,198)	109.2M	—	Q1 FY27 10-Q/AAug 31, 2026
United Guardian	2,391	not reported	1,520*	4.6M	—	Q2 FY26 10-QJun 30, 2026
Zone Frontier	15,435	886*	(3,342)*	508.8M	4.6 quarters	Q4 FY26 10-KJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.