BINI · XBRL financial data
Bollinger Innovations financial statements, every quarter
The same tables from 15 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 quarters (BINI's year ends in late September)
| In millions of dollars | Sep 30, 2022 | Dec 31, 2022 | May 4, 2023 | †Aug 31, 2023 | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | †Dec 31, 2024 | †Mar 31, 2025 | Jun 30, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | 0 | 0 | 0 | — | 3 | 5 | 0 |
| Revenue from contracts with customers | — | — | — | — | 0* | — | 0 | 0 | year only | 3 | 5 | 0 |
| Cost of revenue | — | — | — | — | 0* | — | 0 | 0 | year only | 7 | 7 | 11 |
| Cost of goods and services sold | — | — | — | — | 0* | — | — | 0 | — | — | — | — |
| Gross profit | — | — | — | — | 0* | — | 0 | 0 | — | (4) | (2) | (10) |
| Research and development | 12* | 9 | — | — | 26* | 16 | 24 | 14 | 20* | 11 | 10 | 12 |
| General and administrative | 22* | 65 | — | — | 72* | 43 | 48 | 47 | 43* | 36 | 41 | 36 |
| Total operating expenses | 34* | 74 | — | — | — | — | — | — | — | — | — | — |
| Operating income (loss) | (34)* | (74) | — | — | (182)* | (59) | (177) | (62) | (93)* | (51) | (66) | (58) |
| Interest expense | — | — | — | — | (1)* | 0 | 0 | 8 | 41* | 19 | 8 | 26 |
| Other income (expense) | 7* | 1 | — | — | 0* | 1 | 1 | 1 | 0* | 0 | 0 | 0 |
| Income tax expense (benefit) | year only | — | — | — | (10)* | (2) | (2) | 0 | 0* | 0 | 0 | 0 |
| Net income (loss) | (611)* | (376) | — | — | (172)* | (61) | (132) | (87) | (176)* | (115) | (47) | (130) |
| Earnings per share, basic‡ USD per share | — | (63,636.36) | — | — | — | (15.32) | (19.39) | (7.91) | — | (661.33) | (489.24) | (11,231.39) |
| Earnings per share, diluted‡ USD per share | — | (63,636.36) | — | — | — | (15.32) | — | (7.91) | — | — | — | — |
| Weighted average shares, basic‡ millions of shares | — | 0 | — | — | — | 4 | 7 | 12 | — | 0 | 0 | 0 |
| Weighted average shares, diluted‡ millions of shares | — | 0 | — | — | — | 4 | — | 12 | — | — | — | — |
- ‡ Per-share figures and share counts are adjusted for the 1-for-25 stock split (May 2023); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-9.090909090909092 stock split (August 2023); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-10 stock split (August 2023); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-100 stock split (December 2023); filings made before it reported them unadjusted.
- † Share count changed about 97x in the period ending 2023-08-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 1/57 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 41x in the period ending 2025-03-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Balance sheet
CSVFiscal quarters (BINI's year ends in late September)
| In millions of dollars | Sep 30, 2022 | Dec 31, 2022 | May 4, 2023 | †Aug 31, 2023 | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | †Dec 31, 2024 | †Mar 31, 2025 | Jun 30, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | 54 | 68 | — | — | 155 | 82 | 22 | 4 | 10 | 2 | 1 | 0 |
| Accounts receivable | — | — | — | — | 1 | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory | — | 7 | — | — | 17 | 31 | 33 | 38 | 38 | 42 | 38 | 28 |
| Prepaid and other current assets | 2 | 3 | — | — | 25 | 24 | 26 | 26 | 15 | 15 | 12 | 13 |
| Total current assets | 86 | 136 | — | — | 198 | 144 | 89 | 68 | 63 | 60 | 53 | 42 |
| Property and equipment, net | 15 | 90 | — | — | 82 | 87 | 83 | 83 | 82 | 81 | 33 | 30 |
| Right-of-use asset | 5 | 5 | — | — | 5 | 13 | 12 | 12 | 3 | 3 | 3 | 2 |
| Goodwill | 93 | 93 | — | — | 29 | 29 | 0 | 0 | 0 | — | 0 | 0 |
| Total assets | 303 | 441 | — | — | 422 | 381 | 214 | 192 | 179 | 173 | 150 | 89 |
| Accounts payable | 6 | 14 | — | — | 13 | 15 | 23 | 29 | 41 | 48 | 50 | 42 |
| Accrued liabilities | 7 | 6 | — | — | 41 | 38 | 43 | 43 | 52 | 47 | 45 | 15 |
| Current portion of long-term debt | 4 | 94 | — | — | 7 | 8 | 3 | 3 | 5 | — | — | — |
| Total current liabilities | 122 | 397 | — | — | 140 | 96 | 84 | 127 | 183 | 246 | 209 | 186 |
| Long-term debt | 5 | 5 | — | — | 0 | — | 0 | 0 | 0 | — | — | — |
| Lease liability, non-current | 3 | 3 | — | — | 4 | 9 | 13 | 12 | 12 | 11 | 11 | 10 |
| Total liabilities | 146 | 420 | — | — | 149 | 109 | 97 | 139 | 195 | 267 | 220 | 196 |
| Accumulated deficit | (890) | (1,266) | — | — | (1,862) | (1,924) | (2,056) | (2,143) | (2,319) | (2,434) | (2,481) | (2,611) |
| Total stockholders' equity | 59 | — | — | — | 209 | 211 | 95 | 35 | (29) | (103) | (73) | (108) |
| Total liabilities and equity | 303 | 441 | — | — | 422 | 381 | 214 | 192 | 179 | 173 | 150 | 89 |
| Common shares outstanding (cover page)‡ millions of shares | 0 | 0 | 0 | 2 | 6 | 7 | 11 | 40 | 62 | 1 | 44 | 5 |
- ‡ Per-share figures and share counts are adjusted for the 1-for-25 stock split (May 2023); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-9.090909090909092 stock split (August 2023); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-10 stock split (August 2023); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-100 stock split (December 2023); filings made before it reported them unadjusted.
- † Share count changed about 97x in the period ending 2023-08-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 1/57 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 41x in the period ending 2025-03-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Cash flows
CSVFiscal quarters (BINI's year ends in late September)
| In millions of dollars | Sep 30, 2022 | Dec 31, 2022 | May 4, 2023 | †Aug 31, 2023 | Sep 30, 2023 | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | †Dec 31, 2024 | †Mar 31, 2025 | Jun 30, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (loss) | (611)* | (376) | — | — | (172)* | (61) | (132) | (87) | (176)* | (115) | (47) | (130) |
| Stock-based compensation | 39* | 36 | — | — | 14* | 14 | 2* | 14* | 11* | 19 | 24* | 25* |
| Depreciation and amortization | 2* | 5 | — | — | 5* | 4 | 10* | 3* | 4* | 5 | 5* | 3* |
| Net cash from operating activities | (23)* | (33) | — | — | (66)* | (60) | (49)* | (37)* | (40)* | (26) | (23)* | (21)* |
| Purchases of property and equipment | 1* | 1 | — | — | 0* | 7 | 6* | 2* | 1* | 2 | 2* | 0* |
| Net cash from investing activities | (36)* | (94) | — | — | (0)* | (7) | (6)* | (2)* | (2)* | (2) | (2)* | (0)* |
| Proceeds from issuing common stock | 2* | — | — | — | — | — | — | — | — | — | — | — |
| Proceeds from issuing equity | — | — | — | — | — | 0 | 0* | 0* | — | 1 | 0* | 0* |
| Share repurchases | — | — | — | — | year only | — | — | — | year only | — | — | — |
| Net cash from financing activities | 82* | 150 | — | — | (6)* | 0 | (5)* | 12* | 49* | 20 | 24* | 20* |
| Net change in cash | 23* | 23 | — | — | (72)* | (67) | (59)* | (26)* | 7* | (8) | (0)* | (1)* |
- † Share count changed about 97x in the period ending 2023-08-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 1/57 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 41x in the period ending 2025-03-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Compare with peers
SIC 3711 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 3711 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 $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
- A cell reading “year only” links to a 10-K that gives only the full year: without all three earlier quarters there is no fourth quarter to work out, and the year total is never shown as a quarter.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Bollinger Innovations | 0.5 | 0.5 | (21)* | 4.6M | 0.0 quarters | 10-Q/AJun 30, 2025 |
| Thunder Power Holdings | 0 | 0.3 | (0.2)* | 82.6M | 0.1 quarters | 10-QJun 30, 2026 |
| Robo.ai | 4.1 | year only | year only | not reported | — | 20-FDec 31, 2025 |
| Cenntro | 4.3 | 6.2 | (2.7)* | 2.5M | 1.6 quarters | 10-QJun 30, 2026 |
| Digital Currency X Technology | 3.9 | not reported | year only | 19.6M | — | 20-FDec 31, 2025 |
| ECD Automotive Design | 0.2 | 5.8 | (1.7)* | 2.5M | 0.1 quarters | 10-QSep 30, 2025 |
| EUROEV Holdings | not reported | not reported | not reported | not reported | — | — |
| Ford Motor | 22,275 | 49,526 | 5,427* | not reported | — | 10-QSep 30, 2026 |
| Faraday Future Intelligent Electric | 11 | 0.8 | (25)* | not reported | 0.4 quarters | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.