MultiSensor AI Holdings, 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 | $5.6M | $7.4M | $5.4M | $7.3M | — |
| Selling, general & administrative | $11.5M | $15.7M | $8.0M | $13.6M | — |
| Operating expenses | $14.4M | $21.4M | $22.9M | — | — |
| Operating income | -$12.0M | -$18.9M | -$21.5M | -$12.0M | — |
| Interest expense | — | $63,000 | $94,000 | — | — |
| Pretax income | -$11.7M | -$22.0M | -$22.1M | -$12.1M | — |
| Income tax expense | -$32,000 | -$465,000 | $208,000 | $1.2M | — |
| Net income | -$11.7M | -$21.5M | -$22.3M | -$13.3M | — |
| Balance Sheet | |||||
| Cash and equivalents | $24.4M | $4.4M | $1.2M | $654,000 | $931,271 |
| Current assets | $30.9M | $10.5M | $12.5M | $14.9M | $1.3M |
| Total assets | $35.5M | $15.5M | $16.4M | $17.5M | $118.7M |
| Current liabilities | $2.6M | $3.0M | $10.8M | $7.0M | — |
| Total liabilities | $3.4M | $3.2M | $16.6M | $25.7M | $200,274 |
| Stockholders' equity | $32.0M | $12.3M | -$268,000 | -$8.2M | $1.2M |
| Cash Flow Statement | |||||
| Cash from operations | -$8.0M | -$15.6M | -$4.6M | -$3.2M | — |
| Depreciation and amortization | $1.3M | $1.1M | $872,000 | $561,000 | — |
| Stock-based compensation | $1.7M | $3.4M | $14.1M | $644,000 | — |
| Capital expenditure | $1.6M | $2.7M | $1.5M | $1.6M | — |
| Free cash flow | -$9.7M | -$18.2M | -$6.1M | -$4.8M | — |
Shares outstanding 2.0M
Annual filing data through FY ended December 31, 2025; float as of July 16, 2026.