TLS · XBRL financial data

Telos 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 (TLS's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	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	179,917	242,433	216,887	145,378	108,272	164,805
Cost of goods and services sold	117,497	156,404	137,844	92,436	73,843	103,788
Gross profit	62,420	86,029	79,043	52,942	34,429	61,017
Research and development	14,243	19,096	16,918	12,247	8,442	7,057
Selling, general and administrative	62,123	127,493	132,893	93,257	75,487	78,925
General and administrative	41,704	88,742	99,393	73,888	75,487	78,925
Total operating expenses	—	—	—	93,257	90,302	100,898
Operating income (loss)	297	(41,464)	(53,850)	(40,315)	(55,873)	(39,881)
Interest expense	7,259	777	874	786	644	553
Other income (expense)	(255)	(921)	1,350	6,715	4,023	3,225
Income tax expense (benefit)	(46)	(28)	54	36	26	(663)
Net income (loss)	1,687	(43,134)	(53,428)	(34,422)	(52,520)	(36,546)
Earnings per share, basic USD per share	0.04	(0.65)	(0.79)	(0.50)	(0.73)	(0.50)
Earnings per share, diluted USD per share	0.04	(0.65)	(0.79)	(0.50)	(0.73)	(0.50)
Weighted average shares, basic thousands of shares	41,642	66,374	67,559	69,256	71,850	72,878
Weighted average shares, diluted thousands of shares	42,877	66,374	67,559	69,256	71,850	72,878

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

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	106,045	126,562	119,305	99,260	54,578	53,180
Accounts receivable	30,913	59,844	40,069	30,424	19,172	17,000
Inventory	3,311	1,247	2,877	1,420	1,783	996
Total current assets	144,114	191,714	167,963	139,991	91,418	94,413
Property and equipment, net	22,397	6,088	4,787	3,457	4,283	3,071
Right-of-use asset	1,464	852	341	216	622	410
Goodwill	14,916	17,922	17,922	17,922	17,922	3,006
Total assets	183,817	246,081	237,397	208,699	158,235	139,864
Accounts payable	14,662	9,248	12,606	8,307	1,153	4,087
Accrued liabilities	6,200	25,300	9,945	5,443	3,147	6,900
Total current liabilities	38,946	50,941	45,502	39,198	22,135	36,784
Lease liability, non-current	941	388	27	123	418	186
Total liabilities	56,713	65,827	65,043	49,696	31,098	43,914
Accumulated deficit	(143,843)	(186,977)	(240,405)	(274,827)	(327,347)	(363,893)
Total stockholders' equity	127,104	180,254	172,354	159,003	127,137	95,950
Total liabilities and equity	183,817	246,081	237,397	208,699	158,235	139,864
Common shares outstanding (cover page) thousands of shares	64,625	67,868	68,559	70,320	72,552	74,218

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

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	1,687	(43,134)	(53,428)	(34,422)	(52,520)	(36,546)
Stock-based compensation	4	60,231	64,660	24,396	21,411	30,150
Depreciation and amortization	5,353	5,624	5,890	9,429	11,867	11,451
Net cash from operating activities	(2,104)	7,262	16,508	1,587	(25,938)	30,182
Purchases of property and equipment	780	3,201	1,009	926	2,252	739
Net cash from investing activities	(7,461)	(19,094)	(13,717)	(15,478)	(16,757)	(8,915)
Proceeds from issuing common stock	272,813	64,269	0	—	—	—
Share repurchases	0	1,251	11,145	139	0	13,627
Net cash from financing activities	108,859	32,349	(9,915)	(6,151)	(1,984)	(22,664)
Net change in cash	99,294	20,517	(7,124)	(20,042)	(44,679)	(1,397)

SIC 7373 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7373 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
Telos	50,647	47,745	8,833*	74.7M	—	Q2 FY26 10-QJun 30, 2026
HawkEye 360	503,355	49,810	11,629*	98.0M	—	Q2 FY26 10-QJun 30, 2026
ReposiTrak	27,256	not reported	2,365*	18.2M	—	Q4 FY26 10-KJun 30, 2026
Expensify	65,760	33,866	8,433*	not reported	—	Q2 FY26 10-QJun 30, 2026
CS Disco	10,887	43,146	(1,073)*	64.9M	94.5 quarters	Q2 FY26 10-QJun 30, 2026
Inspired Entertainment	23,200	60,800	2,800*	26.4M	—	Q2 FY26 10-QJun 30, 2026
EGAIN	73,336	22,150*	2,419*	26.2M	—	Q4 FY26 10-KJun 30, 2026
TrueCar	103,186	43,207	12,722*	88.9M	—	Q3 FY25 10-QSep 30, 2025
Viant Technology	193,053	104,254	28,340*	not reported	—	Q2 FY26 10-QJun 30, 2026

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