Newton Golf Company, 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 | $8.1M | $3.4M | $349,000 | $190,000 | — |
| Cost of revenue | $3.6M | $1.2M | $227,000 | $110,000 | — |
| Gross profit | $4.6M | $2.3M | $122,000 | $80,000 | — |
| Selling, general & administrative | $11.3M | $6.5M | $4.5M | $2.9M | — |
| Research and development | $779,000 | $743,000 | $258,000 | $73,000 | — |
| Operating expenses | $12.1M | $7.3M | $4.8M | $2.9M | — |
| Operating income | -$7.5M | -$5.0M | -$4.6M | -$2.9M | — |
| Net income | -$6.0M | -$11.8M | -$4.6M | -$3.5M | — |
| Balance Sheet | |||||
| Cash and equivalents | $1.3M | $7.7M | $5.3M | $147,000 | — |
| Current assets | $2.2M | $9.0M | $5.8M | $331,000 | — |
| Total assets | $3.3M | $9.8M | $6.4M | $710,000 | — |
| Current liabilities | $2.3M | $14.9M | $475,000 | $2.2M | — |
| Total liabilities | $2.4M | $15.0M | $604,000 | $2.2M | — |
| Stockholders' equity | $926,000 | -$5.2M | $5.8M | -$1.9M | -$1.4M |
| Cash Flow Statement | |||||
| Cash from operations | -$5.2M | -$4.9M | -$5.0M | -$785,000 | — |
| Depreciation and amortization | $305,000 | $165,000 | $32,000 | $11,000 | — |
| Stock-based compensation | $274,000 | $308,000 | $443,000 | — | — |
| Capital expenditure | $469,000 | $502,000 | $289,000 | $75,000 | — |
| Free cash flow | -$5.6M | -$5.4M | -$5.3M | -$860,000 | — |
| Impairments | $0 | $0 | $0 | — | — |
Shares outstanding 4.6M · Free float 54.4%
Annual filing data through FY ended December 31, 2025; float as of July 16, 2026.