Sow Good 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 | $0 | $0 | $16.1M | $428,132 | $88,440 |
| Cost of revenue | — | $19.0M | $12.8M | $308,293 | $81,311 |
| Gross profit | — | $13.0M | $3.3M | $119,839 | $7,129 |
| Selling, general & administrative | $6.6M | $11.1M | $4.4M | $10.7M | $6.9M |
| Operating expenses | $6.6M | $11.1M | $4.5M | $11.0M | $7.1M |
| Operating income | -$6.6M | -$11.1M | -$1.2M | -$10.9M | -$7.1M |
| Interest expense | $159,953 | $741,204 | $1.8M | $1.3M | $5,911 |
| Pretax income | -$6.8M | -$11.8M | -$3.1M | -$12.1M | — |
| Income tax expense | $0 | $0 | $0 | $0 | $0 |
| Net income | -$40.6M | -$3.7M | -$3.1M | -$12.1M | -$6.9M |
| Balance Sheet | |||||
| Cash and equivalents | $1.5M | $3.7M | $2.4M | $276,464 | $3.3M |
| Current assets | $3.4M | $25.1M | $10.4M | $2.6M | $4.9M |
| Total assets | $3.8M | $54.7M | $21.5M | $8.9M | $14.1M |
| Current liabilities | $6.2M | $7.4M | $5.8M | $890,177 | $403,057 |
| Total liabilities | $6.3M | $22.7M | $14.2M | $6.1M | $3.3M |
| Stockholders' equity | -$2.6M | $32.0M | $7.3M | $2.8M | $10.8M |
| Cash Flow Statement | |||||
| Cash from operations | -$4.3M | -$9.4M | -$4.8M | -$5.1M | -$5.6M |
| Depreciation and amortization | $33,101 | $31,644 | $459,345 | $299,553 | $208,448 |
| Stock-based compensation | $2.4M | $3.7M | $836,267 | $862,079 | $1.4M |
| Capital expenditure | — | $3.3M | $2.3M | $193,184 | $982,818 |
| Free cash flow | — | -$12.7M | -$7.1M | -$5.3M | -$6.5M |
| Impairments | $57,602 | $0 | $0 | $4.9M | $1.5M |
Shares outstanding 20.1M
Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.