FiEE, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $6.2M | $639,893 | $26.1M | $50.6M | $55.4M |
| Cost of revenue | $840,018 | $432,634 | $25.6M | $38.7M | $36.5M |
| Gross profit | $5.4M | $207,259 | $470,888 | $11.9M | $18.9M |
| Research and development | $47,419 | $113,294 | $3.4M | $5.8M | $6.2M |
| Operating expenses | $3.8M | $4.4M | $17.7M | $27.0M | $20.8M |
| Operating income | $1.6M | -$4.2M | -$17.2M | -$15.0M | -$1.9M |
| Interest expense | $8,953 | $82 | $385,952 | $394,615 | $270,407 |
| Pretax income | $1.5M | -$4.2M | -$17.6M | -$15.4M | -$2.1M |
| Income tax expense | $448,204 | -$11,216 | $42,619 | $112,348 | $63,773 |
| Net income | $1.1M | -$4.2M | -$17.6M | -$15.5M | -$2.2M |
| Balance Sheet | |||||
| Cash and equivalents | $3.1M | $30,162 | $709,322 | $530,110 | $12.6M |
| Current assets | $6.6M | $164,919 | $11.4M | $29.6M | $52.4M |
| Total assets | $10.8M | $307,035 | $12.4M | $31.0M | $54.3M |
| Current liabilities | $4.2M | $437,027 | $12.2M | $13.8M | $23.3M |
| Total liabilities | $4.2M | $437,027 | $12.2M | $14.6M | $23.8M |
| Stockholders' equity | $6.6M | -$129,992 | $115,917 | $16.3M | $30.5M |
| Cash Flow Statement | |||||
| Cash from operations | $3.6M | -$3.8M | $4.8M | -$12.2M | -$14.3M |
| Depreciation and amortization | $160,000 | $282,000 | $368,000 | $403,000 | $255,000 |
| Stock-based compensation | $122,667 | $897,163 | $279,395 | $1.2M | $996,937 |
| Capital expenditure | $186,095 | — | $162,270 | $276,665 | $593,120 |
| Free cash flow | $3.5M | — | $4.7M | -$12.4M | -$14.9M |
| Share repurchases | — | — | — | — | $15,000 |
| Impairments | $0 | $0 | $0 | $58,872 | — |
Shares outstanding 8.3M · Free float 1.9%
Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.