GridAI Technologies Corp.
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 | $36,251 | — | — | — | — |
| Cost of revenue | $693,683 | — | — | — | — |
| Gross profit | -$657,432 | — | — | — | — |
| Research and development | $925,482 | $903,941 | $5.0M | $8.8M | $17.0M |
| Operating expenses | $6.4M | $15.6M | $15.8M | $12.7M | $59.1M |
| Operating income | -$7.1M | -$15.6M | -$15.8M | -$12.7M | -$59.1M |
| Interest expense | — | — | $22,463 | $15,879 | $11,235 |
| Pretax income | -$6.6M | -$15.6M | — | — | — |
| Income tax expense | -$398,736 | — | — | — | $0 |
| Net income | -$6.4M | -$18.1M | -$15.8M | -$14.6M | -$58.5M |
| Balance Sheet | |||||
| Cash and equivalents | $899,784 | $163,476 | $3.7M | $1.4M | $8.2M |
| Current assets | $2.6M | $83.5M | $5.0M | $3.4M | $9.4M |
| Total assets | $48.6M | $85.4M | $6.9M | $5.4M | $11.8M |
| Current liabilities | $15.2M | $27.5M | $3.1M | $2.5M | $12.3M |
| Total liabilities | $19.7M | $27.6M | $3.3M | $2.7M | $19.6M |
| Total debt | $2.0M | — | — | — | — |
| Stockholders' equity | $24.9M | -$3.9M | $3.6M | $2.7M | -$7.8M |
| Cash Flow Statement | |||||
| Cash from operations | -$5.7M | -$9.2M | -$12.4M | -$22.3M | -$32.3M |
| Depreciation and amortization | $574,713 | $48,946 | $29,274 | $29,000 | $15,000 |
| Stock-based compensation | $733,950 | $631,555 | $1.0M | $769,124 | $1.4M |
| Capital expenditure | — | — | — | — | $69,488 |
| Free cash flow | — | — | — | — | -$32.4M |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 6.7M · Free float 34.7%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.