AZIO · XBRL financial data
Azio AI Holdings financial statements, every fiscal year
The same tables from 6 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 (AZIO'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 |
|---|---|---|---|---|---|---|
| Cost of revenue | 303 | 1,281 | 2,773 | 1,857 | 1,381 | 19,137 |
| Gross profit | 315 | 761 | 1,732 | 1,006 | 489 | (13,198) |
| Research and development | 75 | 58 | 150 | 236 | 193 | 732 |
| General and administrative | 4,422 | 8,239 | 7,997 | 8,171 | 8,146 | 11,282 |
| Total operating expenses | 4,652 | 8,485 | 45,579 | 13,720 | 8,409 | 25,483 |
| Operating income (loss) | (4,337) | (7,724) | (43,847) | (12,715) | (7,920) | (38,681) |
| Other income (expense) | — | 288 | (2) | (4) | (302) | (18) |
| Income tax expense (benefit) | (218) | 221 | 0 | 0 | 0 | 0 |
| Net income (loss) | (4,386) | (7,652) | (43,804) | (12,684) | (8,849) | (39,127) |
| Earnings per share, basic USD per share | — | (0.67) | (2.92) | (0.84) | (0.55) | (11.54) |
| Weighted average shares, basic thousands of shares | — | 11,452 | 14,992 | 15,062 | 16,209 | 3,392 |
- † Share count changed about 1/20 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 (AZIO'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 | 4,136 | 4,846 | 2,765 | 457 | 1,941 | 359 |
| Short-term investments | — | 8,003 | 2,336 | 0 | — | — |
| Marketable securities | — | 8,003 | — | — | — | — |
| Accounts receivable | 14 | 1,428 | 2,074 | 692 | 1,010 | — |
| Inventory | 354 | 3,851 | 5,671 | 6,831 | 6,416 | 0 |
| Total current assets | 5,602 | 23,023 | 18,339 | 12,056 | 17,636 | 3,484 |
| Property and equipment, net | 102 | 272 | 368 | 321 | 592 | 476 |
| Right-of-use asset | — | — | 0 | 539 | 109 | 485 |
| Goodwill | — | 51,776 | 14,683 | 9,584 | 10,103 | 0 |
| Total assets | 6,168 | 75,308 | 33,484 | 22,653 | 32,671 | 4,668 |
| Accounts payable | 9 | 238 | 604 | 761 | 1,470 | 3,582 |
| Accrued liabilities | 897 | 1,280 | 653 | 452 | 2,069 | 2,258 |
| Total current liabilities | 1,110 | 1,550 | 1,472 | 1,774 | 11,745 | 13,289 |
| Lease liability, non-current | 216 | — | 0 | 236 | 0 | 307 |
| Total liabilities | 1,533 | 1,566 | 1,489 | 2,020 | 11,749 | 13,596 |
| Accumulated deficit | (63,564) | (8,124) | (51,929) | (64,612) | (73,461) | (112,588) |
| Total stockholders' equity | 4,635 | 73,742 | 31,995 | 20,634 | 20,922 | (8,928) |
| Total liabilities and equity | 6,168 | 75,308 | 33,484 | 22,653 | 32,671 | 4,668 |
| Common shares outstanding (cover page) thousands of shares | 255,234 | 299,930 | 15,106 | 15,521 | 23,106 | 12,931 |
- † Share count changed about 1/20 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 (AZIO'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) | (4,386) | (7,652) | (43,804) | (12,684) | (8,849) | (39,127) |
| Stock-based compensation | 347 | 3,414 | 1,615 | 1,323 | 1,889 | 640 |
| Net cash from operating activities | (2,961) | (12,937) | (7,432) | (4,245) | (3,505) | (5,588) |
| Purchases of property and equipment | 12 | 28 | 169 | 36 | 430 | 177 |
| Net cash from investing activities | 2,758 | (4,678) | 5,508 | 2,307 | (4,706) | (177) |
| Proceeds from issuing common stock | 5,425 | 21,107 | 120 | 0 | — | — |
| Proceeds from issuing equity | — | 16,275 | — | — | — | — |
| Net cash from financing activities | (93) | 20,591 | (157) | (430) | 9,696 | 4,182 |
| Net change in cash | (296) | 2,976 | (2,081) | (2,369) | 1,484 | (1,582) |
- † Share count changed about 1/20 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 3714 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 3714 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 |
|---|---|---|---|---|---|---|
| Azio AI Holdings | 142 | not reported | (5,390)* | 16.5M | 0.0 quarters | 10-QJun 30, 2026 |
| AltEnergy Acquisition | 7.5 | not reported | (349)* | not reported | 0.0 quarters | 10-QJun 30, 2026 |
| Phoenix Motor | 276 | 2,491 | (820)* | 12.9M | 0.3 quarters | 10-QSep 30, 2025 |
| Thunder Power Holdings | 12 | 271 | (168)* | 82.6M | 0.1 quarters | 10-QJun 30, 2026 |
| Workhorse Group | 9,629 | 3,562 | (24,076)* | 10.9M | 0.4 quarters | 10-QJun 30, 2026 |
| Xos | 13,235 | 4,740 | (2,687)* | 14.2M | 4.9 quarters | 10-QJun 30, 2026 |
| ECD Automotive Design | 158 | 5,783 | (1,699)* | 2.5M | 0.1 quarters | 10-QSep 30, 2025 |
| Rubber Leaf | 1.4 | 2,774 | (37)* | 41.1M | 0.0 quarters | 10-QJun 30, 2026 |
| Worksport | 1,160 | 5,230 | (3,442)* | 15.3M | 0.3 quarters | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.