GRDX · XBRL financial data
GridAI Technologies 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 (GRDX'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 from contracts with customers | — | — | — | — | — | 36 |
| Cost of revenue | — | — | — | — | — | 694 |
| Gross profit | — | — | — | — | — | (657) |
| Research and development | 5,888 | 16,995 | 8,776 | 5,033 | 904 | 925 |
| General and administrative | 7,295 | 18,385 | 11,987 | 10,738 | 14,717 | 5,501 |
| Total operating expenses | 26,433 | 59,057 | 12,678 | 15,771 | 15,621 | 6,426 |
| Operating income (loss) | (26,433) | (59,057) | (12,678) | (15,771) | (15,621) | (7,083) |
| Interest income | 0 | 1 | 8 | 3 | — | — |
| Interest expense | 5,841 | 11 | 16 | 22 | — | — |
| Other income (expense) | 0 | (3) | (233) | (4) | 1 | 934 |
| Income tax expense (benefit) | 0 | 0 | — | — | — | (399) |
| Net income (loss) | (32,671) | (58,538) | (14,630) | (15,795) | (18,059) | (6,393) |
| Earnings per share, basic‡ USD per share | (191,947,655.87) | (123,824,543.67) | (9,152,817.38) | (149,000.54) | (48.50) | (4.16) |
| Earnings per share, diluted‡ USD per share | (191,947,655.87) | (123,824,543.67) | (9,152,817.38) | (149,000.54) | (48.50) | (4.16) |
| Weighted average shares, basic‡ thousands of shares | 0 | 0 | 0 | 0 | 377 | 1,617 |
| Weighted average shares, diluted‡ thousands of shares | 0 | 0 | 0 | 0 | 377 | 1,617 |
- ‡ Per-share figures and share counts are adjusted for the 1-for-10 stock split (December 2021); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-10 stock split (December 2021); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-30 stock split (December 2022); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-7.002801120448178 stock split (January 2023); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-6.993006993006993 stock split (January 2023); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-6.993006993006993 stock split (September 2023); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-20 stock split (December 2023); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-6.993006993006993 stock split (June 2024); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-3.003003003003003 stock split (August 2025); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-3.0303030303030303 stock split (August 2025); filings made before it reported them unadjusted.
- † Share count changed about 4x in the period ending 2022-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 163x in the period ending 2023-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 804x in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 12x 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 years (GRDX'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 | 6,062 | 8,249 | 1,363 | 3,712 | 163 | 900 |
| Accounts receivable | 551 | 0 | 93 | — | 0 | 30 |
| Total current assets | 7,870 | 9,425 | 3,413 | 4,956 | 83,479 | 2,596 |
| Property and equipment, net | 18 | 73 | 44 | 15 | — | — |
| Right-of-use asset | 74 | 336 | 259 | 195 | 127 | — |
| Goodwill | 2,054 | 1,912 | 1,684 | 1,684 | 1,684 | 24,119 |
| Total assets | 12,924 | 11,790 | 5,440 | 6,883 | 85,410 | 48,552 |
| Accounts payable | 1,686 | 2,708 | 720 | 554 | 2,959 | 3,382 |
| Accrued liabilities | 127 | 419 | 320 | 825 | 252 | 1,435 |
| Total current liabilities | 15,545 | 12,300 | 2,483 | 3,133 | 27,546 | 15,159 |
| Lease liability, non-current | 19 | 311 | 214 | 147 | 59 | — |
| Total liabilities | 15,565 | 19,612 | 2,698 | 3,280 | 27,605 | 19,718 |
| Accumulated deficit | (95,366) | (153,904) | (168,534) | (184,329) | (202,388) | (208,781) |
| Total stockholders' equity | (2,641) | (7,822) | 2,742 | 3,603 | (3,877) | — |
| Total liabilities and equity | 12,924 | 11,790 | 5,440 | 6,883 | 85,410 | 48,552 |
| Common shares outstanding (cover page)‡ thousands of shares | 0 | 0 | 0 | 1 | 524 | 6,200 |
- ‡ Per-share figures and share counts are adjusted for the 1-for-10 stock split (December 2021); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-10 stock split (December 2021); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-30 stock split (December 2022); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-7.002801120448178 stock split (January 2023); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-6.993006993006993 stock split (January 2023); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-6.993006993006993 stock split (September 2023); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-20 stock split (December 2023); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-6.993006993006993 stock split (June 2024); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-3.003003003003003 stock split (August 2025); filings made before it reported them unadjusted.
- ‡ Per-share figures and share counts are adjusted for the 1-for-3.0303030303030303 stock split (August 2025); filings made before it reported them unadjusted.
- † Share count changed about 4x in the period ending 2022-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 163x in the period ending 2023-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 804x in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 12x 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 years (GRDX'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) | (32,671) | (58,538) | (14,630) | (15,795) | (18,059) | (6,393) |
| Stock-based compensation | 549 | 1,371 | 769 | 1,040 | 632 | 734 |
| Depreciation and amortization | 48 | 15 | 29 | 29 | 49 | 575 |
| Net cash from operating activities | (11,222) | (32,288) | (22,344) | (12,378) | (9,218) | (5,703) |
| Purchases of property and equipment | 4 | 69 | — | — | — | — |
| Net cash from investing activities | 87 | (10,319) | — | (500) | 88 | 323 |
| Proceeds from issuing common stock | 988 | 14,156 | — | — | — | — |
| Net cash from financing activities | 17,046 | 44,763 | 15,740 | 15,227 | 5,581 | 5,889 |
| Net change in cash | — | — | — | — | (3,548) | 715 |
- † Share count changed about 4x in the period ending 2022-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 163x in the period ending 2023-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 804x in the period ending 2024-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
- † Share count changed about 12x 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 4931 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.
How peers are chosen
- SIC 4931 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.
- Fewer than three companies fall in that range, so the list adds same-SIC (4931) companies nearest in public float, each marked “added: same SIC”.
- 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 |
|---|---|---|---|---|---|---|
| GridAI Technologies | 1,380 | 86 | (1,505)* | 7.1M | 0.9 quarters | 10-Q/AJun 30, 2026 |
| OPAL Fuels | 91,363 | 83,399 | 10,761* | not reported | — | 10-QJun 30, 2026 |
| Aedis Energyadded: same SIC | 1,072 | not reported | (722)* | 724,658 | 1.5 quarters | 10-QJun 30, 2026 |
| Genie Energyadded: same SIC | 184,841 | 100,399 | (3,417)* | not reported | 57.1 quarters | 10-QJun 30, 2026 |
| Unitiladded: same SIC | 12,900 | 112,600 | 35,000* | 18.6M | — | 10-QSep 30, 2026 |
| Ocean Thermal Energyadded: same SIC | 33 | 92 | (153)* | 190.0M | 0.2 quarters | 10-QJun 30, 2026 |
| Emeren Groupadded: same SIC | 84,635 | 15,641 | 34,136* | 513.2M | — | 10-QSep 30, 2025 |
| Avistaadded: same SIC | 25,000 | 413,000 | 122,000* | 83.8M | — | 10-QJun 30, 2026 |
| NorthWestern Energy Groupadded: same SIC | 4,180 | 392,599 | 73,818* | 61.5M | — | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.