For the year ending 2025-12-31, RCAT made $40,729,000 in revenue. -$72,075,000 in net income. Net profit margin of -176.96%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Revenues | 40,729,000 | - | ||
| Cost of goods sold | 39,455,000 | - | ||
| Gross profit (loss) | 1,274,000 | - | ||
| Research and development | 17,890,000 | - | ||
| Sales and marketing | 13,106,000 | - | ||
| General and administrative | 36,875,000 | - | ||
| Impairment loss | 0 | - | ||
| Total operating expenses | 67,871,000 | - | ||
| Operating loss | -66,597,000 | - | ||
| Convertible note payable fair value adjustment | -11,444,000 | - | ||
| Gain on extinguishment of convertible notes payable | 3,211,000 | - | ||
| Interest (income) expense, net | 2,711,000 | - | ||
| Loss on sale of equity method investment | 0 | - | ||
| Gain on divestiture of consumer segment | 0 | - | ||
| Impairment on equity method investment | 0 | - | ||
| Equity method loss | 0 | - | ||
| Other income, net | 487,000 | - | ||
| Total other expense | -5,035,000 | - | ||
| Loss from continuing operations before provision for income taxes | -71,632,000 | - | ||
| Provision for income taxes | 443,000 | - | ||
| Net loss from continuing operations | -72,075,000 | -43,613,971 | ||
| Loss from discontinued operations | 0 | - | ||
| Net loss | -72,075,000 | -43,613,971 | ||
| Change in foreign currency translation adjustments | 0 | -4,621 | ||
| Unrealized gain on marketable securities | 0 | - | ||
| Comprehensive loss | -72,075,000 | -43,618,592 | ||
| Basic EPS | -0.73 | -0.57 | ||
| Diluted EPS | -0.73 | -0.57 | ||
| Basic Average Shares | 98,957,000 | 77,039,869 | ||
| Diluted Average Shares | 98,957,000 | 77,039,869 | ||
Red Cat Holdings, Inc. (RCAT)
Red Cat Holdings, Inc. (RCAT)