SAIHEAT Limited
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $4.5M | $5.5M | $6.8M | $10.6M | $17.0M | $2.0M |
| Cost of Revenue | $6.9M | $6.6M | $6.3M | $9.5M | $15.8M | $1.1M |
| Gross Profit | $-2.3M | $-1.0M | $457.0K | $1.1M | $1.3M | $902.0K |
| Gross Margin | -51.9% | -18.2% | 6.7% | 10.7% | 7.4% | 46.1% |
| Operating Expenses | ||||||
| Research & Development | $217.0K | $642.0K | $853.0K | $476.0K | $419.0K | $348.0K |
| SG&A Expense | $2.7M | $6.3M | $6.8M | $7.2M | $2.4M | $231.0K |
| Operating Income | $-6.8M | $-7.9M | $-7.4M | $-7.5M | $-16.5M | $282.0K |
| Operating Margin | -150.9% | -142.7% | -108.8% | -70.2% | -96.6% | 14.4% |
| Interest Expense | — | — | — | — | — | — |
| Pretax Income | $-6.5M | $-5.9M | $-6.1M | $-8.8M | $-16.7M | $456.0K |
| Income Tax Expense | — | — | — | — | $24.0K | $53.0K |
| Net Income | $-6.5M | $-5.9M | $-6.1M | $-8.8M | $-16.7M | $403.0K |
| Net Margin | -142.7% | -106.2% | -90.3% | -83.1% | -98.0% | 20.6% |
| EPS (Basic) | $-3.51 | $-3.46 | $-3.79 | $-6.72 | $-1.43 | — |
| EPS (Diluted) | $-3.51 | $-3.46 | $-3.79 | $-6.72 | $-1.43 | — |
| Shares Outstanding (Basic) | 1.8M | 1.7M | 1.6M | 1.3M | 12.4M | 12.4M |
| Shares Outstanding (Diluted) | 1.8M | 1.7M | 1.6M | 1.3M | 12.4M | 12.4M |
| Dividends Per Share | — | — | — | — | — | — |