NASDAQ : XHLD
TEN Holdings, Inc. — Financial statements
Communication Services · Broadcasting · United States
Last price 0.79 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 9.46M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
TEN Holdings, Inc. (XHLD) reported revenue of 2.83M 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 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | 2.83M | 3.10M | 3.50M | 3.72M | 4.81M |
| Cost of Revenue | 713.00K | 663.00K | 652.00K | 555.00K | 736.00K |
| Gross Profit | 2.12M | 2.44M | 2.85M | 3.16M | 4.07M |
| Selling, General & Admin | 14.94M | 15.28M | 5.39M | 4.74M | 4.13M |
| Operating Expenses | 15.26M | 15.87M | 5.58M | 4.79M | 4.17M |
| Operating Income | -13.14M | -13.43M | -2.73M | -1.63M | -103.00K |
| Interest Expense | -224.00K | -284.00K | -210.00K | -52.00K | |
| Other Non Operating Income (Expenses) | -218.00K | -1.60M | -30.00K | 28.00K | -10.00K |
| EBT Excluding Unusual Items | -13.58M | -15.31M | -2.97M | -1.65M | -113.00K |
| Asset Writedown | -4.19M | -4.19M | |||
| Pretax Income | -17.78M | -19.51M | -2.97M | -1.65M | -113.00K |
| Income Tax Expense | 35.00K | 7.55M | |||
| Net Income | -17.78M | -19.51M | -2.97M | -1.69M | -7.66M |
| Net Income to Common | -17.78M | -19.51M | -2.97M | -1.69M | -7.66M |
| Shares Outstanding (Basic) | 3.37M | 2.27M | 1.67M | 1.67M | 1.67M |
| Shares Outstanding (Diluted) | 3.37M | 2.27M | 1.67M | 1.67M | 1.67M |
| EPS (Basic) | -5.27 | -8.58 | -1.78 | -1.01 | -4.60 |
| EPS (Diluted) | -5.27 | -8.58 | -1.78 | -1.01 | -4.60 |
| Free Cash Flow | -5.18M | -10.06M | -2.52M | -290.00K | 36.00K |
| Free Cash Flow Per Share | -1.54 | -4.43 | -1.51 | -0.17 | 0.02 |
| Gross Margin | 74.83% | 78.64% | 81.39% | 85.08% | 84.69% |
| Operating Margin | -463.86% | -432.54% | -77.85% | -43.80% | -2.14% |
| Profit Margin | -627.50% | -628.51% | -84.70% | -45.39% | -159.41% |
| Free Cash Flow Margin | -182.99% | -324.26% | -72.00% | -7.80% | 0.75% |
| EBITDA | -13.10M | -13.38M | -2.67M | -1.58M | -58.00K |
| EBITDA Margin | -76.31% | -42.43% | -1.21% | ||
| D&A For EBITDA | 42.00K | 47.00K | 54.00K | 51.00K | 45.00K |
| EBIT | -13.14M | -13.43M | -2.73M | -1.63M | -103.00K |
| EBIT Margin | -77.85% | -43.80% | -2.14% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Cash & Equivalents | 5.83M | 1.63M | 48.00K | 357.00K | 7.00K |
| Cash & Short-Term Investments | 5.83M | 1.63M | 48.00K | 357.00K | 7.00K |
| Accounts Receivable | 439.00K | 635.00K | 515.00K | 359.00K | 926.00K |
| Other Receivables | 800.00K | 5.40M | 91.00K | 288.00K | |
| Receivables | 1.24M | 6.04M | 515.00K | 450.00K | 1.21M |
| Prepaid Expenses | 2.00M | 2.76M | 1.22M | 103.00K | 92.00K |
| Total Current Assets | 9.23M | 10.43M | 1.79M | 910.00K | 1.31M |
| Property, Plant & Equipment | 234.00K | 627.00K | 749.00K | 835.00K | 930.00K |
| Other Intangible Assets | 3.89M | 3.02M | 1.98M | ||
| Other Long-Term Assets | 914.00K | ||||
| Total Assets | 9.47M | 11.97M | 6.42M | 4.77M | 4.22M |
| Accounts Payable | 698.00K | 284.00K | 561.00K | 644.00K | 413.00K |
| Accrued Expenses | 611.00K | 474.00K | 319.00K | ||
| Short-Term Debt | 430.00K | 4.57M | 5.62M | 1.69M | |
| Current Portion of Leases | 95.00K | 80.00K | 71.00K | 63.00K | 56.00K |
| Current Unearned Revenue | 153.00K | 430.00K | 147.00K | 275.00K | 54.00K |
| Other Current Liabilities | 1.08M | 1.90M | 1.13M | ||
| Total Current Liabilities | 3.07M | 7.26M | 7.52M | 3.15M | 842.00K |
| Long-Term Leases | 422.00K | 502.00K | 573.00K | 637.00K | |
| Total Liabilities | 3.07M | 7.69M | 8.02M | 3.72M | 1.48M |
| Common Stock | 1.00K | 5.00K | 5.00K | ||
| Additional Paid-In Capital | 33.72M | 25.71M | 322.00K | ||
| Retained Earnings | -27.32M | -21.43M | -1.92M | 1.05M | 2.73M |
| Shareholders' Equity | 6.40M | 4.28M | -1.60M | 1.05M | 2.74M |
| Total Liabilities & Equity | 9.47M | 11.97M | 6.42M | 4.77M | 4.22M |
| Total Debt | 525.00K | 5.07M | 6.19M | 2.33M | 693.00K |
| Net Cash (Debt) | 5.31M | -3.44M | -6.14M | -1.97M | -686.00K |
| Net Cash Per Share | 1.57 | -1.51 | -3.68 | -1.18 | -0.41 |
| Filing Date Shares Outstanding | 11.98M | 3.98M | 1.91M | 1.67M | 1.67M |
| Total Common Shares Outstanding | 11.98M | 3.98M | 1.71M | 1.67M | 1.67M |
| Working Capital | 6.17M | 3.16M | -5.74M | -2.24M | 471.00K |
| Book Value Per Share | 0.53 | 1.08 | -0.93 | 0.63 | 1.64 |
| Tangible Book Value | 6.40M | 4.28M | -5.49M | -1.97M | 764.00K |
| Tangible Book Value Per Share | 0.53 | 1.08 | -3.20 | -1.18 | 0.46 |
| Machinery | 504.00K | 504.00K | 504.00K | 398.00K | 373.00K |
| Leasehold Improvements | 20.00K | 20.00K | 20.00K | 19.00K | 20.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Net Income | -17.78M | -19.51M | -2.97M | -1.69M | -7.66M |
| Depreciation & Amortization | 42.00K | 47.00K | 54.00K | 51.00K | 45.00K |
| Other Amortization | 274.00K | 544.00K | 136.00K | ||
| Asset Writedown & Restructuring Costs | 4.19M | 4.19M | |||
| Stock-Based Compensation | 2.21M | 4.86M | |||
| Other Operating Activities | 474.00K | 1.92M | 289.00K | 68.00K | 7.87M |
| Change in Accounts Receivable | -206.00K | -120.00K | -156.00K | 567.00K | 577.00K |
| Change in Accounts Payable | 340.00K | -291.00K | -85.00K | 229.00K | 70.00K |
| Change in Unearned Revenue | 55.00K | 282.00K | -127.00K | 221.00K | 54.00K |
| Change in Income Taxes | 91.00K | 197.00K | -257.00K | ||
| Change in Other Net Operating Assets | 5.21M | -1.98M | 281.00K | 90.00K | -613.00K |
| Operating Cash Flow | -5.18M | -10.06M | -2.48M | -265.00K | 83.00K |
| Capital Expenditures | -38.00K | -25.00K | -47.00K | ||
| Sale (Purchase) of Intangibles | -320.00K | -850.00K | -999.00K | -1.05M | -1.04M |
| Investing Cash Flow | -320.00K | -850.00K | -1.04M | -1.07M | -1.09M |
| Short-Term Debt Issued | 2.83M | 4.24M | 1.69M | ||
| Total Debt Issued | 1.21M | 2.83M | 4.24M | 1.69M | |
| Short-Term Debt Repaid | -2.00M | ||||
| Total Debt Repaid | -450.00K | -2.00M | |||
| Net Debt Issued (Repaid) | 761.00K | 826.00K | 4.24M | 1.69M | |
| Issuance of Common Stock | 10.16M | 11.93M | |||
| Other Financing Activities | -227.00K | -254.00K | -1.03M | ||
| Financing Cash Flow | 10.70M | 12.50M | 3.21M | 1.69M | |
| Net Cash Flow | 5.19M | 1.58M | -309.00K | 350.00K | -1.00M |
| Free Cash Flow | -5.18M | -10.06M | -2.52M | -290.00K | 36.00K |
| Free Cash Flow Margin | -182.99% | -324.26% | -72.00% | -7.80% | 0.75% |
| Free Cash Flow Per Share | -1.54 | -4.43 | -1.51 | -0.17 | 0.02 |
| Levered Free Cash Flow | -5.92M | -10.25M | -3.43M | -714.62K | |
| Unlevered Free Cash Flow | -5.78M | -10.07M | -3.30M | -682.12K | |
| Change in Working Capital | 5.40M | -2.11M | 4.00K | 1.30M | -169.00K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Market Capitalization | 9.46M | 3.52M | |||
| Enterprise Value | 4.16M | 8.31M | |||
| Last Close Price | 0.79 | 1.18 | |||
| Forward PE | 8.87 | ||||
| PS Ratio | 3.34 | 1.14 | |||
| PB Ratio | 1.48 | 0.82 | |||
| P/TBV Ratio | 1.48 | 0.82 | |||
| EV/Sales Ratio | 1.47 | 2.68 | |||
| Debt / Equity Ratio | 0.08 | 1.19 | -3.87 | 2.21 | 0.25 |
| Debt / FCF Ratio | 19.25 | ||||
| Net Debt / Equity Ratio | -0.83 | 0.80 | -3.84 | 1.87 | 0.25 |
| Net Debt / EBITDA Ratio | 0.41 | -0.26 | -2.30 | -1.25 | -11.83 |
| Net Debt / FCF Ratio | 1.02 | -0.34 | -2.43 | -6.79 | 19.06 |
| Asset Turnover | 0.28 | 0.34 | 0.63 | 0.83 | |
| Quick Ratio | 2.31 | 1.05 | 0.07 | 0.26 | 1.45 |
| Current Ratio | 3.01 | 1.44 | 0.24 | 0.29 | 1.56 |
| Return on Equity (ROE) | -302.77% | -1,456.44% | -89.08% | ||
| Return on Assets (ROA) | -80.02% | -91.26% | -30.46% | -22.66% | |
| Return on Capital Employed (ROCE) | -205.30% | -285.60% | 248.50% | -100.30% | -3.10% |
| Earnings Yield | -666.92% | -553.60% | |||
| FCF Yield | -54.78% | -285.61% | |||
| Buyback Yield / Dilution | -87.67% | -36.30% | -0.06% |