BINI · XBRL financial data
Bollinger Innovations financial statements, every fiscal year
The same tables from 8 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 (BINI's year ends in late September)
| In millions of dollars | Dec 31, 2019 | Dec 31, 2020 | Nov 12, 2021 | †Sep 30, 2022 | †Sep 30, 2023 | Sep 30, 2024 |
|---|---|---|---|---|---|---|
| Revenue from contracts with customers | — | — | — | — | 0 | 1 |
| Cost of revenue | — | — | — | — | 0 | 17 |
| Cost of goods and services sold | 55 | 56 | — | — | 0 | — |
| Gross profit | 10 | 10 | — | — | 0 | (16) |
| Research and development | — | — | — | 22 | 77 | 75 |
| Selling, general and administrative | 9 | 7 | — | — | — | — |
| General and administrative | — | — | — | 75 | 216 | 182 |
| Total operating expenses | 71 | — | — | 97 | — | — |
| Operating income (loss) | (6) | (4) | — | (97) | (378) | (392) |
| Interest expense | 1 | 1 | — | — | 5 | 49 |
| Other income (expense) | 1 | (0) | — | (6) | 3 | 2 |
| Income tax expense (benefit) | — | — | — | (0) | (11) | (4) |
| Net income (loss) | (6) | (6) | — | (740) | (972) | (457) |
| Earnings per share, basic‡ USD per share | — | — | — | (636,363.64) | (1,574.14) | (1,425.61) |
| Earnings per share, diluted‡ USD per share | — | — | — | (636,363.64) | (1,574.14) | — |
| Weighted average shares, basic‡ millions of shares | — | — | — | 0 | 1 | 0 |
| Weighted average shares, diluted‡ millions of shares | — | — | — | 0 | 1 | — |
- ‡ 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 72x in the period ending 2022-09-30, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 788x in the period ending 2023-09-30, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Balance sheet
CSVFiscal years (BINI's year ends in late September)
| In millions of dollars | Dec 31, 2019 | Dec 31, 2020 | Nov 12, 2021 | †Sep 30, 2022 | †Sep 30, 2023 | Sep 30, 2024 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 0 | 5 | — | 54 | 155 | 10 |
| Accounts receivable | 7 | 7 | — | — | 1 | 0 |
| Inventory | — | — | — | — | 17 | 38 |
| Prepaid and other current assets | 2 | 2 | — | 2 | 25 | 15 |
| Total current assets | 9 | 14 | — | 86 | 198 | 63 |
| Property and equipment, net | 0 | — | — | 15 | 82 | 82 |
| Right-of-use asset | 0 | 1 | — | 5 | 5 | 3 |
| Goodwill | 8 | 8 | — | 93 | 29 | 0 |
| Total assets | 23 | 27 | — | 303 | 422 | 179 |
| Accounts payable | 6 | 7 | — | 6 | 13 | 41 |
| Accrued liabilities | 2 | 5 | — | 7 | 41 | 52 |
| Current portion of long-term debt | 1 | 1 | — | 4 | 7 | 5 |
| Total current liabilities | 10 | 15 | — | 122 | 140 | 183 |
| Long-term debt | 8 | 9 | — | 5 | 0 | 0 |
| Lease liability, non-current | 0 | 1 | — | 3 | 4 | 12 |
| Total liabilities | 19 | 24 | — | 146 | 149 | 195 |
| Accumulated deficit | (179) | (185) | — | (890) | (1,862) | (2,319) |
| Total stockholders' equity | — | (44) | — | 59 | 209 | (29) |
| Total liabilities and equity | 23 | 27 | — | 303 | 422 | 179 |
| Common shares outstanding (cover page)‡ millions of shares | 0 | 0 | 0 | 0 | 6 | 62 |
- ‡ 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 72x in the period ending 2022-09-30, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 788x in the period ending 2023-09-30, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Cash flows
CSVFiscal years (BINI's year ends in late September)
| In millions of dollars | Dec 31, 2019 | Dec 31, 2020 | Nov 12, 2021 | †Sep 30, 2022 | †Sep 30, 2023 | Sep 30, 2024 |
|---|---|---|---|---|---|---|
| Net income (loss) | (6) | (6) | — | (740) | (972) | (457) |
| Stock-based compensation | 2 | 3 | — | 44 | 85 | 40 |
| Depreciation and amortization | 3 | 3 | — | 3 | 16 | 22 |
| Net cash from operating activities | (2) | 3 | — | (66) | (179) | (186) |
| Purchases of property and equipment | 0 | — | — | 12 | 15 | 15 |
| Net cash from investing activities | (2) | (2) | — | (47) | (108) | (16) |
| Proceeds from issuing common stock | — | — | — | 42 | — | — |
| Share repurchases | — | — | — | — | 6 | 0 |
| Proceeds from long-term debt | 3 | — | — | — | — | — |
| Repayments of long-term debt | 0 | 3 | — | — | — | — |
| Net cash from financing activities | 3 | 3 | — | 197 | 358 | 57 |
| Net change in cash | (1) | 4 | — | 84 | 71 | (145) |
- † Share count changed about 72x in the period ending 2022-09-30, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 788x in the period ending 2023-09-30, 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.