NWTG · XBRL financial data
Newton Golf Company financial statements, every fiscal year
The same tables from 3 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 (NWTG's year ends in late December)
| In thousands of dollars | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|
| Revenue from contracts with customers | 349 | 3,445 | 8,135 |
| Cost of goods and services sold | 227 | 1,171 | 3,581 |
| Gross profit | 122 | 2,274 | 4,554 |
| Research and development | 258 | 743 | 779 |
| Selling, general and administrative | 4,497 | 6,509 | 11,323 |
| Total operating expenses | 4,755 | 7,252 | 12,102 |
| Operating income (loss) | (4,633) | (4,978) | (7,548) |
| Interest income | 8 | 161 | 99 |
| Net income (loss) | (4,625) | (11,752) | (6,020) |
| Earnings per share, basic USD per share | (0.38) | (178.33) | (1.63) |
| Earnings per share, diluted USD per share | (0.38) | (178.33) | (1.63) |
| Weighted average shares, basic thousands of shares | 12,237 | 66 | 3,701 |
| Weighted average shares, diluted thousands of shares | 12,237 | 66 | 3,701 |
Balance sheet
CSVFiscal years (NWTG's year ends in late December)
| In thousands of dollars | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|
| Cash and cash equivalents | 5,338 | 7,650 | 1,298 |
| Accounts receivable | 53 | 115 | 102 |
| Inventory | 248 | 913 | 374 |
| Prepaid and other current assets | 196 | 274 | 413 |
| Total current assets | 5,835 | 8,952 | 2,187 |
| Property and equipment, net | 379 | 716 | 880 |
| Right-of-use asset | 65 | 34 | 84 |
| Total assets | 6,394 | 9,766 | 3,299 |
| Total current liabilities | 475 | 14,921 | 2,329 |
| Lease liability, non-current | 34 | — | 44 |
| Total liabilities | 604 | 14,953 | 2,373 |
| Accumulated deficit | (10,317) | (22,069) | (28,089) |
| Total stockholders' equity | 5,790 | (5,187) | 926 |
| Total liabilities and equity | 6,394 | 9,766 | 3,299 |
| Common shares outstanding (cover page) thousands of shares | 14,596 | 4,288 | 4,592 |
Cash flows
CSVFiscal years (NWTG's year ends in late December)
| In thousands of dollars | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|
| Net income (loss) | (4,625) | (11,752) | (6,020) |
| Stock-based compensation | 443 | 308 | 274 |
| Net cash from operating activities | (5,047) | (4,929) | (5,166) |
| Purchases of property and equipment | 289 | 502 | 469 |
| Net cash from investing activities | (289) | (502) | (469) |
| Proceeds from issuing common stock | — | 7,793 | (49) |
| Net cash from financing activities | 10,503 | 7,743 | (717) |
| Net change in cash | 5,167 | 2,312 | (6,352) |
Compare with peers
SIC 3949 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 3949 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 $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
| Company | Cash ($K) | Revenue, quarter ($K) | Operating cash flow, quarter ($K) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Newton Golf Company | 442 | 1,316 | (1,720)* | 5.4M | 0.3 quarters | 10-QJun 30, 2026 |
| Brownie's Marine Group | 714 | 2,378 | (154)* | 555.9M | 4.6 quarters | 10-Q/AJun 30, 2026 |
| Solo Brands | 35,446 | 88,460 | 36,074* | 2.6M | — | 10-QJun 30, 2026 |
| TruGolf Holdings | 6,374 | 5,792 | (1,278)* | not reported | 5.0 quarters | 10-QJun 30, 2026 |
| Nocopi Technologies | 10,687 | 961 | 324* | 11.7M | — | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.