Stocktoria
USBC, Inc. USBC
NYSE American · XASE · stock · Finance Services · website · IPO 2006-04-12
USBC, Inc. financials (annual, from 10-K)
Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | $0 | $4.4M | $0 | $121,939 | $1.8M | $4.3M | $4.9M | — |
| Gross profit | — | — | — | — | $0 | $52,213 | $426,547 | $821,623 | $907,752 | $987,901 |
| R&D expense | $1.8M | $6.1M | $7.7M | $5.4M | $4.0M | $2.0M | $1.3M | $570,514 | $79,405 | $325,803 |
| SG&A expense | $16.3M | $9.1M | $6.6M | $8.1M | $6.5M | $4.8M | $4.2M | $2.5M | $3.1M | $3.4M |
| Operating income | -$18.0M | -$15.2M | -$14.0M | -$12.6M | -$10.4M | -$6.8M | -$5.0M | -$2.3M | -$3.2M | -$2.7M |
| Interest expense | $1.2M | $830,948 | $389,626 | $8.0M | $14.9M | $6.1M | $2.9M | $1.2M | $376,974 | $323,928 |
| Income tax | -$172,843 | $0 | $0 | $0 | $0 | $0 | — | — | — | — |
| Net income | -$22.1M | -$16.6M | -$15.3M | -$20.1M | -$25.4M | -$13.6M | -$7.6M | -$3.3M | -$3.9M | -$1.7M |
| EPS (diluted) | $-0.39 | $-7.85 | — | — | — | — | — | — | — | — |
| Operating cash flow | -$7.6M | -$12.8M | -$10.4M | -$6.9M | -$6.9M | -$3.9M | -$3.1M | -$1.1M | -$1.3M | -$2.7M |
| Free cash flow | -$7.6M | -$12.9M | -$10.4M | -$7.8M | — | — | — | — | — | — |
| Cash & equivalents | $8.8M | $3.1M | $8.0M | $12.6M | $12.3M | $4.3M | $1.9M | $934,407 | $103,181 | $188,309 |
| Inventory | — | — | — | — | — | $0 | $7,103 | $203,582 | $225,909 | $295,218 |
| Total assets | $125.1M | $3.7M | $8.3M | $13.8M | $12.9M | $4.7M | $2.6M | $2.1M | $1.2M | $2.6M |
| Total liabilities | $28.0M | $5.8M | $4.5M | — | — | — | — | — | — | — |
| Shareholders' equity | $97.1M | -$2.2M | $3.7M | $9.9M | $1.2M | -$1.9M | -$3.3M | -$2.6M | -$4.0M | -$2.8M |
Growth · year-over-year
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | — | — | -100.0% | — | -100.0% | -93.2% | -58.1% | -11.7% | — | — |
| Net income growth | — | — | — | — | — | — | — | — | — | -166.4% |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Source: SEC EDGAR filings · CIK 0001074828 · as of 2025-09-30. Facts from filings plus Stocktoria's own computed scores — not investment advice.