RTB Digital, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 09/30/22 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $11.1M | $18.2M | $65.9M | $32.9M | — |
| Cost of revenue | $5.8M | $10.8M | $40.2M | $16.8M | — |
| Gross profit | $5.3M | $7.4M | $25.7M | $16.1M | — |
| Research and development | $559,000 | $3.8M | $5.8M | $6.3M | — |
| Operating expenses | $18.5M | $34.6M | $38.0M | $54.0M | — |
| Operating income | -$13.1M | -$27.2M | -$12.3M | -$37.8M | — |
| Pretax income | -$15.7M | -$32.7M | -$52.8M | -$49.2M | — |
| Income tax expense | $318,000 | $390,000 | $289,000 | -$8,000 | — |
| Net income | -$17.5M | -$26.8M | -$53.1M | -$49.2M | — |
| Balance Sheet | |||||
| Cash and equivalents | $7.4M | $2.6M | $12.2M | $14.0M | $6.9M |
| Current assets | $11.1M | $95.4M | $89.9M | $59.2M | — |
| Total assets | $13.1M | $122.3M | $128.7M | $97.7M | — |
| Current liabilities | $10.0M | $103.5M | $85.5M | $36.7M | — |
| Total liabilities | $12.4M | $123.8M | $105.2M | $99.6M | — |
| Stockholders' equity | $668,000 | -$1.5M | $23.5M | -$1.9M | $15.5M |
| Cash Flow Statement | |||||
| Cash from operations | -$23.0M | $21.2M | $33.2M | -$9.3M | — |
| Depreciation and amortization | $493,000 | $2.3M | $2.6M | $20.9M | — |
| Stock-based compensation | $889,000 | $624,000 | $1.9M | $3.0M | — |
| Capital expenditure | $79,000 | $47,000 | $108,000 | $162,000 | — |
| Free cash flow | -$23.1M | $21.1M | $33.1M | -$9.5M | — |
| Share repurchases | — | — | — | $0 | — |
| Impairments | $0 | $6.7M | $0 | $1.4M | — |
Shares outstanding 1.3M
Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.