NASDAQ : FBDT
First Breach, Inc. — Financial statements
Industrials · Aerospace & Defense · United States
Last price 0.9504 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 53.01M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
First Breach, Inc. (FBDT) reported revenue of 634.58K USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Revenue | 634.58K | 384.13K | 773.87K | 437.20K |
| Cost of Revenue | 2.08M | 1.76M | 2.24M | 1.33M |
| Gross Profit | -1.44M | -1.38M | -1.46M | -896.53K |
| Selling, General & Admin | 31.87M | 7.93M | 2.84M | 3.75M |
| Other Operating Expenses | 684.96K | 943.28K | ||
| Operating Expenses | 32.00M | 8.61M | 3.78M | 3.75M |
| Operating Income | -33.44M | -9.99M | -5.24M | -4.65M |
| Interest Expense | -3.07M | -1.87M | -791.73K | -459.61K |
| Interest & Investment Income | 10.96K | |||
| Other Non Operating Income (Expenses) | 3.70K | 52.45K | -41.05K | -29.36K |
| EBT Excluding Unusual Items | -36.51M | -11.80M | -6.07M | -5.13M |
| Gain (Loss) on Sale of Assets | -56.22K | -1.91K | -59.84K | |
| Other Unusual Items | -2.02M | -2.02M | ||
| Pretax Income | -38.54M | -13.82M | -6.07M | -5.19M |
| Net Income | -38.54M | -13.82M | -6.07M | -5.19M |
| Net Income to Common | -38.54M | -13.82M | -6.07M | -5.19M |
| Shares Outstanding (Basic) | 45.77M | 38.28M | 37.53M | 36.28M |
| Shares Outstanding (Diluted) | 45.77M | 38.28M | 37.53M | 36.28M |
| EPS (Basic) | -0.84 | -0.36 | -0.16 | -0.14 |
| EPS (Diluted) | -0.84 | -0.36 | -0.16 | -0.14 |
| Free Cash Flow | -10.35M | -3.57M | -1.78M | -5.83M |
| Free Cash Flow Per Share | -0.23 | -0.09 | -0.05 | -0.16 |
| Gross Margin | -227.34% | -188.81% | -205.06% | |
| Operating Margin | -5,269.34% | -2,600.41% | -677.29% | -1,063.76% |
| Profit Margin | -6,072.86% | -3,598.30% | -784.90% | -1,186.78% |
| Free Cash Flow Margin | -1,631.72% | -929.82% | -230.12% | -1,332.49% |
| EBITDA | -32.09M | -8.66M | -3.91M | -3.67M |
| D&A For EBITDA | 1.35M | 1.33M | 1.33M | 977.05K |
| EBIT | -33.44M | -9.99M | -5.24M | -4.65M |
| Advertising Expenses | 2.00K | 8.10K | 42.56K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Cash & Equivalents | 4.92M | 2.48M | 434.61K | 49.00K |
| Cash & Short-Term Investments | 4.92M | 2.48M | 434.61K | 49.00K |
| Receivables | 26.58K | 51.89K | 30.27K | 1.82K |
| Inventory | 787.48K | 918.36K | 1.85M | 2.88M |
| Prepaid Expenses | 1.26M | 46.19K | 2.98K | 10.03K |
| Other Current Assets | 41.10K | 44.45K | ||
| Total Current Assets | 6.99M | 3.49M | 2.35M | 2.99M |
| Property, Plant & Equipment | 10.35M | 9.47M | 11.10M | 12.57M |
| Other Long-Term Assets | 273.62K | 53.62K | 53.62K | 53.62K |
| Total Assets | 17.62M | 13.02M | 13.51M | 15.61M |
| Accounts Payable | 1.32M | 2.04M | 1.85M | 657.78K |
| Accrued Expenses | 146.22K | 592.94K | 772.52K | 342.25K |
| Short-Term Debt | 171.74K | 171.74K | 121.74K | |
| Current Portion of Long-Term Debt | 9.35M | 291.31K | ||
| Current Portion of Leases | 1.42M | 1.27M | 1.06M | 885.86K |
| Current Unearned Revenue | 54.41K | |||
| Other Current Liabilities | 2.81M | 267.00K | 100.00K | |
| Total Current Liabilities | 15.23M | 4.63M | 3.96M | 1.89M |
| Long-Term Debt | 228.74K | 1.47M | ||
| Long-Term Leases | 1.02M | 1.76M | 2.97M | 3.97M |
| Total Liabilities | 16.25M | 6.62M | 8.40M | 5.86M |
| Common Stock | 4.92K | 4.45K | 3.78K | 3.72K |
| Additional Paid-In Capital | 65.13M | 41.64M | 26.53M | 25.09M |
| Retained Earnings | -63.77M | -35.24M | -21.42M | -15.35M |
| Shareholders' Equity | 1.37M | 6.40M | 5.11M | 9.75M |
| Total Liabilities & Equity | 17.62M | 13.02M | 13.51M | 15.61M |
| Total Debt | 11.97M | 3.71M | 5.62M | 4.86M |
| Net Cash (Debt) | -7.04M | -1.24M | -5.18M | -4.81M |
| Net Cash Per Share | -0.15 | -0.03 | -0.14 | -0.13 |
| Filing Date Shares Outstanding | 55.78M | 45.03M | 38.81M | 36.28M |
| Total Common Shares Outstanding | 49.15M | 44.50M | 37.78M | 36.28M |
| Working Capital | -8.23M | -1.14M | -1.60M | 1.10M |
| Book Value Per Share | 0.03 | 0.14 | 0.14 | 0.27 |
| Tangible Book Value | 1.37M | 6.40M | 5.11M | 9.75M |
| Tangible Book Value Per Share | 0.03 | 0.14 | 0.14 | 0.27 |
| Machinery | 11.91M | 10.28M | 10.26M | 10.07M |
| Leasehold Improvements | 1.69M | 1.66M | 1.66M | 1.65M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Net Income | -38.54M | -13.82M | -6.07M | -5.19M |
| Depreciation & Amortization | 1.35M | 1.33M | 1.33M | 977.05K |
| Other Amortization | 238.85K | 53.55K | 53.55K | 41.87K |
| Loss (Gain) From Sale of Assets | -56.22K | -1.91K | 59.84K | |
| Stock-Based Compensation | 26.73M | 4.58M | 60.00K | |
| Other Operating Activities | 4.31M | 3.35M | 123.42K | 24.00K |
| Change in Accounts Receivable | -8.14K | -21.62K | -28.44K | -1.82K |
| Change in Inventory | -61.91K | 927.62K | 1.04M | -931.39K |
| Change in Accounts Payable | -1.10M | 189.71K | 1.19M | 143.27K |
| Change in Unearned Revenue | -54.41K | 54.41K | ||
| Change in Other Net Operating Assets | -1.53M | -14.70K | 662.41K | 99.71K |
| Operating Cash Flow | -8.67M | -3.48M | -1.59M | -4.78M |
| Capital Expenditures | -1.68M | -88.37K | -190.39K | -1.05M |
| Sale of Property, Plant & Equipment | 78.00K | |||
| Investing Cash Flow | -1.68M | -10.37K | -190.39K | -1.05M |
| Short-Term Debt Issued | 50.00K | |||
| Long-Term Debt Issued | 2.09M | 2.00M | 3.13M | |
| Total Debt Issued | 10.94M | 2.14M | 2.00M | 3.13M |
| Long-Term Debt Repaid | -716.80K | -568.57K | -281.61K | |
| Net Debt Issued (Repaid) | 10.19M | 1.42M | 1.43M | 2.84M |
| Issuance of Common Stock | 5.46M | 4.11M | 791.00K | 2.62M |
| Other Financing Activities | -970.00K | -56.00K | -380.72K | |
| Financing Cash Flow | 14.67M | 5.54M | 2.17M | 5.08M |
| Net Cash Flow | 4.32M | 2.04M | 385.61K | -741.54K |
| Free Cash Flow | -10.35M | -3.57M | -1.78M | -5.83M |
| Free Cash Flow Margin | -1,631.72% | -929.82% | -230.12% | -1,332.49% |
| Free Cash Flow Per Share | -0.23 | -0.09 | -0.05 | -0.16 |
| Levered Free Cash Flow | -503.79K | 277.48K | ||
| Unlevered Free Cash Flow | 609.18K | 718.76K | ||
| Cash Interest Paid | 471.21K | 530.70K | 665.10K | 409.01K |
| Change in Working Capital | -2.70M | 1.03M | 2.92M | -690.23K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Debt / Equity Ratio | 8.74 | 0.58 | 1.10 | 0.50 |
| Net Debt / Equity Ratio | 5.14 | 0.19 | 1.01 | 0.49 |
| Net Debt / EBITDA Ratio | -0.22 | -0.14 | -1.32 | -1.31 |
| Net Debt / FCF Ratio | -0.68 | -0.35 | -2.91 | -0.83 |
| Asset Turnover | 0.03 | 0.05 | ||
| Inventory Turnover | 1.27 | 0.94 | ||
| Quick Ratio | 0.33 | 0.55 | 0.12 | 0.03 |
| Current Ratio | 0.46 | 0.75 | 0.59 | 1.58 |
| Return on Equity (ROE) | -240.09% | -81.76% | ||
| Return on Assets (ROA) | -47.07% | -22.50% | ||
| Return on Capital Employed (ROCE) | -1,398.60% | -119.10% | -54.90% | -33.90% |
| Buyback Yield / Dilution | -26.16% | -1.99% | -3.46% |