BIRD · XBRL financial data
Smartbird 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 (BIRD'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 |
|---|---|---|---|---|---|
| Cost of revenue | 130,810 | 168,138 | 149,833 | 108,693 | 89,915 |
| Gross profit | 146,662 | 129,628 | 104,232 | 81,064 | 62,551 |
| Selling, general and administrative | 122,200 | 166,736 | 174,044 | 133,379 | 92,488 |
| Total operating expenses | 179,538 | 229,913 | 257,235 | 178,617 | 142,513 |
| Operating income (loss) | (32,876) | (100,285) | (153,003) | (97,553) | (79,962) |
| Interest expense | 178 | — | — | — | — |
| Other income (expense) | (11,506) | 139 | (436) | 3,049 | 4,139 |
| Income tax expense (benefit) | 810 | 1,227 | 334 | 1,871 | 393 |
| Net income (loss) | (45,370) | (101,354) | (152,458) | (93,318) | (77,283) |
| Earnings per share, basic‡ USD per share | (13.00) | (13.60) | (20.20) | (11.87) | (9.47) |
| Earnings per share, diluted‡ USD per share | (13.00) | (13.60) | (20.20) | (11.87) | (9.47) |
| Weighted average shares, basic‡ thousands of shares | 3,465 | 7,438 | 7,584 | 7,863 | 8,159 |
| Weighted average shares, diluted‡ thousands of shares | 3,465 | 7,438 | 7,584 | 7,863 | 8,159 |
- ‡ Per-share figures and share counts are adjusted for the 1-for-20 stock split (September 2024); filings made before it reported them unadjusted.
Balance sheet
CSVFiscal years (BIRD'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 | 288,576 | 167,136 | 130,032 | 66,732 | 26,690 |
| Accounts receivable | 10,978 | 9,206 | 8,188 | 6,168 | 6,839 |
| Inventory | 106,876 | 116,796 | 57,763 | 44,121 | 38,875 |
| Prepaid and other current assets | 37,938 | 15,796 | 16,423 | 13,536 | 9,712 |
| Total current assets | 444,368 | 308,934 | 212,406 | 130,558 | 82,116 |
| Property and equipment, net | 37,955 | 54,340 | 26,085 | 17,825 | 10,513 |
| Right-of-use asset | 0 | 91,232 | 67,085 | 38,082 | 13,051 |
| Total assets | 488,429 | 462,364 | 312,705 | 188,879 | 109,419 |
| Accounts payable | 30,726 | 12,245 | 5,851 | 10,773 | 17,768 |
| Accrued liabilities | 17,840 | 12,954 | 13,447 | 11,613 | 10,506 |
| Total current liabilities | 81,156 | 50,012 | 48,607 | 44,369 | 40,642 |
| Lease liability, non-current | 0 | 95,583 | 78,731 | 42,796 | 15,492 |
| Total liabilities | 91,425 | 145,595 | 127,376 | 87,194 | 73,505 |
| Accumulated deficit | (137,386) | (238,741) | (391,199) | (484,517) | (561,800) |
| Total stockholders' equity | 397,004 | 316,769 | 185,329 | 101,685 | 35,914 |
| Total liabilities and equity | 488,429 | 462,364 | 312,705 | 188,879 | 109,419 |
Cash flows
CSVFiscal years (BIRD'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) | (45,370) | (101,354) | (152,458) | (93,318) | (77,283) |
| Stock-based compensation | 11,245 | 19,873 | 19,346 | 11,472 | 7,763 |
| Depreciation and amortization | 9,653 | 14,679 | 21,005 | 12,396 | 8,019 |
| Net cash from operating activities | (50,850) | (90,583) | (30,222) | (63,860) | (55,083) |
| Purchases of property and equipment | 24,181 | 31,363 | 10,870 | 4,095 | 3,145 |
| Net cash from investing activities | (25,636) | (32,292) | (7,712) | 2,118 | (1,903) |
| Proceeds from issuing common stock | 0 | 1,201 | 327 | 254 | — |
| Net cash from financing activities | 238,152 | 3,581 | 640 | 287 | 16,073 |
| Net change in cash | 161,325 | (120,809) | (37,094) | (63,090) | (40,031) |
Compare with peers
SIC 7374 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 7374 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 |
|---|---|---|---|---|---|---|
| Smartbird | 37,378 | not reported | not reported | not reported | — | 10-QJun 30, 2026 |
| Veritone | 12,424 | 24,263 | (10,632)* | 100.5M | 1.2 quarters | 10-QJun 30, 2026 |
| authID | 1,351 | 491 | (3,319)* | 16.7M | 0.4 quarters | 10-QJun 30, 2026 |
| Skillsoft | 90,310 | 98,248 | (17,070)* | 9.1M | — | 10-QJul 31, 2026 |
| Rego Payment Architectures | 95 | 32 | (1,468)* | 136.7M | 0.1 quarters | 10-QJun 30, 2026 |
| Duos Technologies Group | 112,308 | 6,175 | 12,723* | 31.5M | — | 10-QJun 30, 2026 |
| Intellicheck | 11,837 | 5,941 | 1,797* | 20.3M | — | 10-QJun 30, 2026 |
| Airship AI Holdings | 12,366 | 4,124 | (235)* | 34.4M | 52.6 quarters | 10-QJun 30, 2026 |
| Stem | 38,415 | 33,654 | 342* | 9.6M | — | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.
