MSAI · XBRL financial data

MultiSensor AI Holdings financial statements, every fiscal year

The same tables from 6 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

Fiscal years (MSAI's year ends in late December)

In thousands of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	—	7,268	5,430	7,402	5,551
Selling, general and administrative	—	13,606	22,105	15,655	11,482
Total operating expenses	—	—	22,921	21,429	14,413
Operating income (loss)	—	(1,386)	(21,533)	(18,881)	(12,011)
Interest income	—	1,739	—	—	—
Interest expense	—	—	94	63	—
Other income (expense)	—	48	44	(1,027)	189
Income tax expense (benefit)	—	317	208	(465)	(32)
Net income (loss)	—	37	(22,268)	(21,495)	(11,713)
Earnings per share, basic‡ USD per share	—	(100.40)	(142.40)	(42.80)	(12.40)
Earnings per share, diluted‡ USD per share	—	(100.40)	(142.40)	(42.80)	(12.40)
Weighted average shares, basic‡ thousands of shares	—	132	156	503	934
Weighted average shares, diluted‡ thousands of shares	—	132	156	503	934

‡ Per-share figures and share counts are adjusted for the 1-for-40 stock split (April 2026); filings made before it reported them unadjusted.

Fiscal years (MSAI's year ends in late December)

In thousands of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	931	222	1,155	4,358	24,365
Accounts receivable	—	1,508	2,440	838	1,670
Inventory	—	9,634	6,930	4,180	4,020
Total current assets	1,316	385	12,513	10,516	30,881
Property and equipment, net	—	2,426	3,084	3,963	4,085
Right-of-use asset	—	103	129	134	0
Total assets	118,738	119,128	16,372	15,478	35,474
Accounts payable	—	1,360	2,630	825	291
Accrued liabilities	—	2,564	3,543	1,095	981
Total current liabilities	—	6,999	10,757	3,017	2,648
Total liabilities	200	553	16,640	3,190	3,442
Accumulated deficit	(414)	(377)	(33,131)	(54,626)	(66,339)
Total stockholders' equity	1,238	120	(268)	12,288	32,032
Total liabilities and equity	118,738	119,128	16,372	15,478	35,474
Common shares outstanding (cover page)‡ thousands of shares	376	376	299	824	2,012

‡ Per-share figures and share counts are adjusted for the 1-for-40 stock split (April 2026); filings made before it reported them unadjusted.

Fiscal years (MSAI's year ends in late December)

In thousands of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	—	37	(22,268)	(21,495)	(11,713)
Stock-based compensation	—	644	14,061	3,382	1,665
Net cash from operating activities	—	(1,016)	(4,551)	(15,567)	(8,020)
Net cash from investing activities	—	307	(1,512)	(2,667)	(1,607)
Proceeds from issuing common stock	—	—	6,287	22,726	—
Net cash from financing activities	—	2,050	6,564	21,587	29,584
Net change in cash	—	(709)	501	3,353	19,957

SIC 3827 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3827 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
MultiSensor AI Holdings	21,005	1,695	(2,392)*	2.2M	8.8 quarters	Q2 FY26 10-QJun 30, 2026
Harvard Bioscience	6,503	22,727	325*	4.6M	—	Q2 FY26 10-QJun 30, 2026
Optex Systems Holdings	6,175	9,729	2,323*	7.0M	—	Q3 FY26 10-QJun 28, 2026
Data I/O	10,843	5,149	(2,939)*	10.4M	3.7 quarters	Q2 FY26 10-QJun 30, 2026
Precipio	3,075	7,021	660*	1.8M	—	Q2 FY26 10-QJun 30, 2026
ClearSign Technologies	9,889	not reported	(1,236)*	6.8M	8.0 quarters	Q2 FY26 10-QJun 30, 2026
Sypris Solutions	not reported	30,341	1,863*	23.0M	—	Q2 FY26 10-QJul 5, 2026
Focus Universal	1,600	675	(741)*	702,745	2.2 quarters	Q2 FY26 10-QJun 30, 2026
Bionano Genomics	3,730	8,171	(4,670)*	11.8M	2.1 quarters	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.