NASDAQ : SWMR
Swarmer, Inc — Financial statements
Industrials · Aerospace & Defense · United States
Last price 9.94 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 155.20M
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Financial statements
Swarmer, Inc (SWMR) reported revenue of 297.75K 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 | |
|---|---|---|---|
| Revenue | 297.75K | 309.92K | 329.41K |
| Cost of Revenue | 153.19K | 182.16K | 187.85K |
| Gross Profit | 144.56K | 127.76K | 141.56K |
| Selling, General & Admin | 10.79M | 2.67M | 368.80K |
| Research & Development | 4.77M | 2.58M | 1.01M |
| Operating Expenses | 15.57M | 5.24M | 1.38M |
| Operating Income | -15.42M | -5.12M | -1.24M |
| Other Non Operating Income (Expenses) | -2.57M | -3.41M | -829.18K |
| Pretax Income | -17.99M | -8.53M | -2.07M |
| Income Tax Expense | 1.74K | ||
| Net Income | -17.99M | -8.53M | -2.07M |
| Net Income to Common | -17.99M | -8.53M | -2.07M |
| Shares Outstanding (Basic) | 5.68M | 1.46M | 772.35K |
| Shares Outstanding (Diluted) | 5.68M | 1.46M | 772.35K |
| EPS (Basic) | -3.17 | -5.83 | -2.68 |
| EPS (Diluted) | -3.17 | -5.83 | -2.68 |
| Free Cash Flow | -14.92M | -4.87M | -1.06M |
| Free Cash Flow Per Share | -2.62 | -3.33 | -1.37 |
| Gross Margin | 48.55% | 41.22% | 42.97% |
| Operating Margin | -5,179.25% | -1,650.78% | -376.05% |
| Profit Margin | -6,042.69% | -2,752.09% | -628.29% |
| Free Cash Flow Margin | -5,012.05% | -1,571.16% | -320.29% |
| EBITDA | -15.30M | -5.09M | -1.24M |
| D&A For EBITDA | 118.05K | 23.46K | 3.50K |
| EBIT | -15.42M | -5.12M | -1.24M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | |
|---|---|---|---|
| Cash & Equivalents | 25.29M | 9.28M | 2.08M |
| Cash & Short-Term Investments | 25.29M | 9.28M | 2.08M |
| Receivables | 4.72M | 11.94K | |
| Prepaid Expenses | 1.14M | 115.47K | 49.48K |
| Total Current Assets | 32.99M | 9.40M | 2.14M |
| Property, Plant & Equipment | 570.20K | 359.09K | 5.40K |
| Long-Term Deferred Charges | 471.72K | ||
| Other Long-Term Assets | 275.33K | 106.83K | |
| Total Assets | 33.94M | 10.34M | 2.15M |
| Accounts Payable | 204.80K | 223.24K | 974.00 |
| Accrued Expenses | 993.01K | 648.95K | 196.23K |
| Current Portion of Leases | 73.45K | 70.70K | |
| Current Unearned Revenue | 285.50K | 212.47K | 47.54K |
| Other Current Liabilities | 806.38K | 31.83K | 7.37K |
| Total Current Liabilities | 2.69M | 1.19M | 252.12K |
| Long-Term Leases | 38.76K | 76.27K | |
| Other Long-Term Liabilities | 3.96M | ||
| Total Liabilities | 2.73M | 1.26M | 4.22M |
| Common Stock | 113.00 | 5.00 | 3.00 |
| Additional Paid-In Capital | 53.40M | 663.52K | 1.21K |
| Retained Earnings | -22.38M | -10.60M | -2.07M |
| Comprehensive Income & Other | 195.50K | -4.90K | -609.00 |
| Total Common Equity | 31.21M | -9.94M | -2.07M |
| Shareholders' Equity | 31.21M | 9.07M | -2.07M |
| Total Liabilities & Equity | 33.94M | 10.34M | 2.15M |
| Total Debt | 435.41K | 146.98K | |
| Net Cash (Debt) | 24.85M | 9.14M | 2.08M |
| Net Cash Per Share | 4.37 | 6.25 | 2.69 |
| Filing Date Shares Outstanding | 11.60M | 911.25K | 772.35K |
| Total Common Shares Outstanding | 11.28M | 911.25K | 772.35K |
| Working Capital | 30.31M | 8.21M | 1.89M |
| Book Value Per Share | 2.77 | -10.91 | -2.68 |
| Tangible Book Value | 31.11M | -9.94M | -2.07M |
| Tangible Book Value Per Share | 2.76 | -10.91 | -2.68 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | |
|---|---|---|---|
| Net Income | -17.99M | -8.53M | -2.07M |
| Depreciation & Amortization | 166.94K | 39.03K | 3.50K |
| Stock-Based Compensation | 1.63M | 194.74K | |
| Other Operating Activities | 2.88M | 3.49M | 829.70K |
| Change in Accounts Receivable | -86.43K | 12.34K | -12.34K |
| Change in Accounts Payable | 204.66K | 222.26K | 983.00 |
| Change in Unearned Revenue | 248.39K | 167.62K | 48.00K |
| Change in Other Net Operating Assets | -1.37M | -222.50K | 153.67K |
| Operating Cash Flow | -14.33M | -4.62M | -1.05M |
| Capital Expenditures | -594.99K | -246.99K | -8.96K |
| Investing Cash Flow | -692.66K | -246.99K | -8.96K |
| Issuance of Common Stock | 24.84M | 1.21K | |
| Other Financing Activities | -974.00K | -47.74K | 3.01M |
| Financing Cash Flow | 39.47M | 12.08M | 3.01M |
| Foreign Exchange Rate Adjustments | 181.02K | -6.27K | -167.00 |
| Net Cash Flow | 24.63M | 7.20M | 1.96M |
| Free Cash Flow | -14.92M | -4.87M | -1.06M |
| Free Cash Flow Margin | -5,012.05% | -1,571.16% | -320.29% |
| Free Cash Flow Per Share | -2.62 | -3.33 | -1.37 |
| Levered Free Cash Flow | -2.40M | ||
| Unlevered Free Cash Flow | -2.40M | ||
| Change in Working Capital | -1.01M | 179.71K | 190.31K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | |
|---|---|---|---|
| Market Capitalization | 142.40M | ||
| Enterprise Value | 117.54M | ||
| Debt / Equity Ratio | 0.01 | 0.02 | |
| Net Debt / Equity Ratio | -0.80 | -1.01 | 1.01 |
| Net Debt / EBITDA Ratio | 1.62 | 1.79 | 1.69 |
| Net Debt / FCF Ratio | 1.67 | 1.88 | 1.97 |
| Asset Turnover | 0.05 | ||
| Quick Ratio | 11.17 | 7.82 | 8.30 |
| Current Ratio | 12.28 | 7.92 | 8.50 |
| Return on Equity (ROE) | -243.55% | ||
| Return on Assets (ROA) | -51.22% | ||
| Return on Capital Employed (ROCE) | -49.30% | -55.90% | -65.30% |
| Buyback Yield / Dilution | -89.38% |