EMAT · XBRL financial data
Evolution Metals & Technologies financial statements, every quarter
The same tables from 12 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 (EMAT's year ends in late December)
| In millions of dollars | Jun 30, 2023 | Sep 30, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | †Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — | — | — | 2 | 2 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | 1 | 2 |
| Gross profit | — | — | — | — | — | — | — | — | — | — | 0 | (0) |
| General and administrative | 0 | 1 | 0 | 0 | 0 | 1* | 1 | 1 | 0 | 0* | 16 | 12 |
| Total operating expenses | 0 | — | — | 0 | — | — | — | — | — | — | — | — |
| Operating income (loss) | — | (1) | (0) | (0) | (0) | (1)* | (1) | (1) | (0) | (0)* | (16) | (12) |
| Interest income | 1 | 1 | 0 | 0* | 0 | 0* | 0 | 0* | 0* | 0* | — | — |
| Interest expense | — | — | — | — | — | — | — | — | — | — | 1 | 1* |
| Other income (expense) | — | — | — | — | — | — | 0 | 0* | — | — | 1 | (0) |
| Income tax expense (benefit) | 0 | (0) | 0 | 0 | 0 | 0* | 0 | 0 | 0 | 0* | — | (0) |
| Net income (loss) | 0 | 0 | (0) | (0) | (0) | (1)* | (1) | (1) | (0) | (0)* | (440) | (12) |
| Earnings per share, basic USD per share | — | — | — | — | — | — | (0.04) | (0.09) | — | — | (0.72) | (0.02) |
| Earnings per share, diluted USD per share | — | — | — | — | — | — | (0.04) | (0.09) | — | — | (0.72) | (0.02) |
| Weighted average shares, basic millions of shares | — | — | — | — | — | — | 455 | 455 | — | — | 612 | 622 |
| Weighted average shares, diluted millions of shares | — | — | — | — | — | — | 455 | 455 | — | — | 612 | 622 |
- † Share count changed about 208x in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Balance sheet
CSVFiscal quarters (EMAT's year ends in late December)
| In millions of dollars | Jun 30, 2023 | Sep 30, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | †Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | 0 | 5 | 5 |
| Accounts receivable | — | — | — | — | — | — | — | — | — | — | 2 | 2 |
| Inventory | — | — | — | — | — | — | — | — | — | — | 2 | 1 |
| Prepaid and other current assets | 0 | 0 | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 3 |
| Total current assets | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11 | 15 |
| Property and equipment, net | — | — | — | — | — | — | — | — | — | — | 7 | 7 |
| Goodwill | — | — | — | — | — | — | — | — | — | — | 60 | 59 |
| Total assets | 39 | 40 | 24 | 24 | 12 | 12 | 12 | 12 | 7 | 7 | 86 | 95 |
| Accounts payable | 3 | 3 | 3 | 3 | — | — | — | — | — | 5 | 9 | 10 |
| Accrued liabilities | — | — | — | — | — | — | — | — | — | — | — | 1 |
| Current portion of long-term debt | — | — | — | — | — | — | — | — | — | — | 2 | 1 |
| Total current liabilities | — | 23 | 7 | 20 | 8 | 8 | 9 | 21 | 10 | 10 | 93 | 93 |
| Long-term debt | — | — | — | — | — | — | — | — | — | — | 3 | 2 |
| Total liabilities | 8 | 25 | 10 | 22 | 10 | 11 | 12 | 23 | 13 | 12 | 96 | 114 |
| Accumulated deficit | (8) | (9) | (10) | (10) | (10) | (11) | (11) | (12) | (12) | (12) | (1,119) | (1,131) |
| Total stockholders' equity | (8) | (9) | (10) | (10) | (10) | (11) | (11) | (12) | (12) | (12) | (25) | (19) |
| Total liabilities and equity | 39 | 40 | 24 | 24 | 12 | 12 | 12 | 12 | 7 | 7 | 86 | 95 |
| Common shares outstanding (cover page) millions of shares | 6 | 4 | 4 | 3 | 3 | 3 | 3 | 2 | 3 | 593 | 593 | 622 |
- † Share count changed about 208x in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Cash flows
CSVFiscal quarters (EMAT's year ends in late December)
| In millions of dollars | Jun 30, 2023 | Sep 30, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | †Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (loss) | 0 | 0 | (0) | (0) | (0) | (1)* | (1) | (1) | (0) | (0)* | (440) | (12) |
| Stock-based compensation | — | — | — | — | — | — | — | — | — | — | — | 2 |
| Depreciation and amortization | — | — | — | — | — | — | — | — | — | — | 0 | 0* |
| Net cash from operating activities | (43)* | (0)* | (0) | (0)* | (0)* | (1)* | (0) | (0)* | (0)* | (0)* | (6) | (9)* |
| Purchases of property and equipment | — | — | — | — | — | — | — | — | — | — | 0 | 8* |
| Net cash from investing activities | 42* | (0)* | — | — | 12* | 0* | (0) | 1* | 6* | 0* | 1 | (8)* |
| Proceeds from issuing equity | 0* | — | — | — | — | — | — | — | — | — | — | — |
| Share repurchases | — | 0* | — | — | — | 0* | — | — | — | — | — | — |
| Repayments of long-term debt | — | — | — | — | — | — | — | — | — | — | 0 | 1* |
| Net cash from financing activities | 0* | 1* | 0 | 0* | (12)* | 0* | 0 | 0* | (6)* | 0* | (2) | 18* |
| Net change in cash | — | — | — | — | — | — | 1 | — | — | — | (6) | — |
- † Share count changed about 208x in the period ending 2025-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Compare with peers
SIC 3690 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 3690 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 $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Evolution Metals & Technologies | 5.3 | 1.6 | (9.2)* | 621.8M | 0.6 quarters | 10-QJun 30, 2026 |
| Dragonfly Energy Holdings | 6.3 | 13 | (1.9)* | 15.0M | 3.4 quarters | 10-QJun 30, 2026 |
| Solidion Technology | 28 | 0.1 | (4)* | 8.5M | 7.0 quarters | 10-QJun 30, 2026 |
| Nuvve Holding | 0.5 | 1.2 | (3.4)* | 993,794 | 0.1 quarters | 10-QJun 30, 2026 |
| Cyber Enviro-Tech | 0 | 0 | not reported | 155.8M | — | 10-QJun 30, 2026 |
| ESS Tech | 11 | 0.1 | (8.9)* | 33.0M | 1.2 quarters | 10-QJun 30, 2026 |
| Expion Energy | 1.5 | 2 | (1.5)* | 962,335 | 1.0 quarters | 10-QJun 30, 2026 |
| Polar Power | 0.2 | 1 | 0* | 3.9M | — | 10-QJun 30, 2026 |
| Ozop Energy Solutions | 0.1 | 0 | (0.5)* | 11.8M | 0.1 quarters | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.