Stardust Power Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 11/30/23 | FY 03/15/23 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Operating income | -$16.1M | -$18.0M | -$2.3M | — | — |
| Interest expense | $422 | $50,454 | — | — | — |
| Net income | -$15.7M | -$23.8M | $139,000 | — | — |
| Balance Sheet | |||||
| Cash and equivalents | $3.5M | $912,574 | $1.3M | — | — |
| Current assets | $4.1M | $2.1M | $2.7M | — | — |
| Total assets | $11.8M | $9.0M | $3.0M | — | — |
| Current liabilities | $14.3M | $25.0M | $1.5M | — | — |
| Total liabilities | $17.6M | $28.4M | $6.8M | — | — |
| Stockholders' equity | -$5.8M | -$19.4M | -$3.7M | -$3.7M | $90 |
| Cash Flow Statement | |||||
| Cash from operations | -$8.3M | -$9.7M | -$975,000 | — | — |
| Depreciation and amortization | $3,166 | $1,823 | — | — | — |
| Stock-based compensation | $7.6M | $9.8M | — | — | — |
| Capital expenditure | $4,490 | $15,237 | — | — | — |
| Free cash flow | -$8.3M | -$9.7M | — | — | — |
| Share repurchases | — | — | $265.1M | — | — |
Shares outstanding 10.6M
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.