FRGT · XBRL financial data
Freight Technologies financial statements, every fiscal year
The same tables from 7 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 (FRGT'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 | — | 21,474 | 25,888 | 17,061 | 13,729 | 13,063 |
| Revenue from contracts with customers | 1 | 21,474 | 25,888 | 17,061 | 13,729 | 13,063 |
| Gross profit | 1 | — | — | — | — | — |
| Research and development | 0 | 0 | — | — | — | — |
| General and administrative | 4,123 | 2,495 | 3,561 | 3,164 | 1,984 | 2,446 |
| Total operating expenses | 4,134 | 2,495 | — | — | — | — |
| Operating income (loss) | (4,133) | (2,495) | (7,062) | (8,261) | (6,490) | (5,894) |
| Interest income | — | — | — | 9 | 2 | — |
| Interest expense | — | 1,136 | 907 | 808 | 674 | 762 |
| Other income (expense) | 39 | 349 | — | (499) | — | — |
| Income tax expense (benefit) | — | 40 | 91 | 105 | 67 | 52 |
| Net income (loss) | (9,075) | (2,146) | (8,187) | (9,328) | (5,601) | (7,902) |
| Earnings per share, basic USD per share | (1.42) | (0.33) | (2.10) | (7.79) | (6.14) | (13.95) |
| Earnings per share, diluted USD per share | — | (105.35) | (20.96) | (7.79) | (6.14) | (13.95) |
| Weighted average shares, basic thousands of shares | 6,406 | 6,572 | 3,906 | 1,197 | 913 | 566 |
| Weighted average shares, diluted thousands of shares | — | 78 | 391 | 1,197 | 913 | 566 |
Balance sheet
CSVFiscal years (FRGT'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 | 3,274 | 221 | 1,013 | 1,560 | 204 | 347 |
| Accounts receivable | — | 2,894 | 4,983 | 5,360 | 3,533 | 2,412 |
| Prepaid and other current assets | — | — | — | — | 792 | 2,093 |
| Total current assets | 3,471 | 2,754 | 9,459 | 9,766 | 5,050 | 6,332 |
| Property and equipment, net | 108 | 11 | 28 | 47 | 13 | 12 |
| Goodwill | — | — | — | — | — | 4,487 |
| Total assets | 3,583 | 2,765 | 10,416 | 10,679 | 5,690 | 12,590 |
| Accounts payable | — | 2,252 | 1,981 | 1,876 | 1,443 | 1,645 |
| Accrued liabilities | — | 939 | 1,795 | 2,881 | 1,281 | 1,450 |
| Total current liabilities | 1,824 | 122 | 7,284 | 7,810 | 6,345 | 6,301 |
| Total liabilities | 2,952 | 122 | 7,284 | 8,052 | 6,345 | 7,263 |
| Accumulated deficit | (34,538) | (36,684) | (29,988) | (39,316) | (44,917) | (52,819) |
| Total stockholders' equity | 631 | 2,643 | 3,131 | 2,627 | (655) | 5,327 |
| Total liabilities and equity | 3,583 | 2,765 | 10,416 | 10,679 | 5,690 | 12,590 |
| Common shares outstanding (cover page) thousands of shares | 6,406 | 7,551 | 16,469 | 21,919 | 2,265 | 1,661 |
Cash flows
CSVFiscal years (FRGT'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) | (9,075) | (2,146) | (8,187) | (9,328) | (5,601) | (7,902) |
| Stock-based compensation | — | 235 | 1,004 | 1,154 | 981 | 883 |
| Depreciation and amortization | 1 | 3 | 243 | 405 | 430 | 449 |
| Net cash from operating activities | (3,819) | (4,855) | (8,470) | (5,791) | (4,206) | (4,531) |
| Purchases of property and equipment | 108 | 5 | 17 | 35 | 10 | 6 |
| Net cash from investing activities | (108) | (2,355) | (381) | (363) | (346) | (302) |
| Proceeds from issuing common stock | — | — | 2,356 | — | 3,079 | — |
| Net cash from financing activities | 4,278 | 3,600 | 6,572 | 6,801 | 4,242 | 4,811 |
| Net change in cash | 3,261 | (3,053) | — | — | — | — |
Compare with peers
SIC 4731 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 4731 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 $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
- A cell reading “year only” links to a 10-K that gives only the full year: without all three earlier quarters there is no fourth quarter to work out, and the year total is never shown as a quarter.
| Company | Cash ($K) | Revenue, quarter ($K) | Operating cash flow, quarter ($K) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Freight Technologies | 347 | year only | year only | 1.7M | — | 20-FDec 31, 2025 |
| Brinks | 1,658,200 | 1,392,300 | 36,500* | 41.2M | — | 10-QJun 30, 2026 |
| CGL Logistics Holdings | not reported | not reported | not reported | not reported | — | — |
| C. H. Robinson Worldwide | 193,132 | 5,358,060 | 124,097* | 115.9M | — | 10-QSep 30, 2026 |
| Freightos | 13,347 | not reported | year only | 51.4M | — | 20-FDec 31, 2025 |
| Eastern International | 3,055 | year only | year only | 12.8M | — | 20-FMar 31, 2026 |
| Expeditors International of Washington | 1,031,448 | 3,502,335 | 178,640 | 130.0M | — | 10-QJun 30, 2026 |
| Forward Air | 139,448 | 673,036 | (4,883)* | 33.8M | 28.6 quarters | 10-QJun 30, 2026 |
| Globavend Holdings | 7,505 | year only | year only | 1.5M | — | 20-FSep 30, 2025 |
Not investment advice. Not affiliated with the U.S. SEC.