FCCN · XBRL financial data
Spectral Capital 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 (FCCN'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 |
|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 98 | 0 | 0 | 21,840 |
| Cost of goods and services sold | 0 | 0 | — | — | — | — |
| Gross profit | 0 | 0 | 98 | 0 | 0 | 2,884 |
| Research and development | — | — | — | 0 | 745 | 0 |
| Selling, general and administrative | — | — | — | — | 1,165 | 1,077 |
| General and administrative | 24 | 28 | 195 | 71 | 2,116 | 3,187 |
| Total operating expenses | 168 | 172 | 339 | 215 | 3,005 | 5,812 |
| Operating income (loss) | — | — | — | (215) | (3,005) | (2,928) |
| Income tax expense (benefit) | — | — | — | — | 0 | (497) |
| Net income (loss) | (168) | (172) | (241) | (215) | (3,271) | 918 |
| Earnings per share, basic USD per share | — | (0.01) | (0.01) | (0.01) | (0.06) | 0.01 |
| Earnings per share, diluted USD per share | — | (0.01) | (0.01) | (0.01) | (0.06) | 0.01 |
| Weighted average shares, basic thousands of shares | — | 11,858 | 34,644 | — | 57,925 | 73,439 |
| Weighted average shares, diluted thousands of shares | — | 11,858 | 34,644 | 42,018 | 57,925 | 76,407 |
Balance sheet
CSVFiscal years (FCCN'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 | 0 | 0 | 11 | 0 | 107 | 2,087 |
| Accounts receivable | — | — | — | — | 0 | 32,528 |
| Prepaid and other current assets | — | — | — | — | 0 | 5,273 |
| Total current assets | 0 | 0 | 36 | 0 | 114 | 59,452 |
| Property and equipment, net | — | — | — | — | 0 | 126 |
| Right-of-use asset | — | — | — | — | — | 168 |
| Goodwill | — | — | — | — | 0 | 48,697 |
| Total assets | 0 | 0 | 36 | 0 | 114 | 150,746 |
| Accounts payable | — | — | — | — | 482 | 34,441 |
| Accrued liabilities | — | — | — | — | 0 | 2,407 |
| Total current liabilities | 1,091 | 1,263 | 228 | 333 | 1,033 | 102,019 |
| Lease liability, non-current | — | — | — | — | 0 | 103 |
| Total liabilities | 1,091 | 1,263 | — | 333 | 1,033 | 106,592 |
| Accumulated deficit | (28,668) | (28,840) | (29,081) | (29,297) | (34,333) | (33,415) |
| Total stockholders' equity | (869) | (1,041) | 30 | (111) | (697) | 44,376 |
| Total liabilities and equity | 0 | 0 | 36 | 0 | 114 | 150,746 |
| Common shares outstanding (cover page) thousands of shares | 117,858 | 117,858 | 42,018 | 42,018 | 67,700 | 89,354 |
Cash flows
CSVFiscal years (FCCN'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) | (168) | (172) | (241) | (215) | (3,271) | 918 |
| Stock-based compensation | — | — | — | 0 | 1,165 | 1,077 |
| Depreciation and amortization | — | — | — | — | 0 | 1,599 |
| Net cash from operating activities | (24) | (29) | (45) | (48) | (1,654) | (1,488) |
| Purchases of property and equipment | — | — | — | — | 0 | 40 |
| Net cash from investing activities | — | 0 | 0 | 0 | 0 | 1,191 |
| Proceeds from issuing common stock | — | 0 | 50 | 0 | 1,010 | — |
| Proceeds from issuing equity | — | — | — | 0 | 1,165 | 1,835 |
| Net cash from financing activities | 23 | 28 | 55 | 37 | 1,761 | 2,165 |
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 $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($K) | Revenue, quarter ($K) | Operating cash flow, quarter ($K) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Spectral Capital | 5,267 | 318,278 | (1,032)* | 96.3M | 5.1 quarters | 10-QJun 30, 2026 |
| Soundthinking | 6,410 | 23,889 | (7,467)* | 13.2M | 0.9 quarters | 10-QJun 30, 2026 |
| PLAYSTUDIOS | 102,669 | 54,992 | 5,638* | not reported | — | 10-QJun 30, 2026 |
| SmartRent | 92,662 | 39,844 | (1,687)* | 191.6M | 54.9 quarters | 10-QJun 30, 2026 |
| Rackspace Technology | 110,600 | 670,100 | (31,500)* | 254.9M | 3.5 quarters | 10-QJun 30, 2026 |
| Tucows | 44,164 | not reported | 1,936 | 11.2M | — | 10-QJun 30, 2026 |
| Audioeye | 9,327 | 10,963 | 1,758* | 12.7M | — | 10-QSep 30, 2026 |
| CSP | 24,666 | 14,398 | 447* | 10.1M | — | 10-QJun 30, 2026 |
| On24 | 37,013 | 34,644* | (1,060)* | 42.9M | 158.0 quarters | 10-KDec 31, 2025 |
Not investment advice. Not affiliated with the U.S. SEC.