Avax ONE Technology LTD. income statement
In fiscal 2025, Avax ONE Technology LTD. reported revenue of $2.3m, up 8709.3% on the year before, operating income of −$21.7m (a -925.5% margin) and net income of −$33.2m, or −$2.15 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|
| Revenue | 0 | 0 | 2 | 7 |
| Cost of revenue | 0 | 0 | — | — |
| Gross profit | 0 | −0 | — | — |
| Research and development | 0 | 0 | 0 | — |
| Selling and marketing | 0 | 0 | 0 | — |
| General and administrative | 1 | 1 | 1 | — |
| Operating income | −11 | −10 | −22 | −96 |
| Income before tax | −12 | −16 | −33 | — |
| Net income | −12 | −16 | −33 | −107 |
| Diluted EPS | −$126.38 | −$199.51 | −$2.15 | — |
| Diluted shares (average) | — | — | 17m | — |
| EBITDA | −10 | −9 | −20 | −95 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | −0 | 0 | 0 | 1 | 1 | 3 | 3 |
| Cost of revenue | 0 | 0 | 0 | — | — | — | — | — |
| Gross profit | −0 | −0 | 0 | — | — | — | — | — |
| Research and development | 0 | 0 | 0 | — | — | — | — | — |
| Selling, general and administrative | — | — | 1 | 1 | — | — | 2 | 2 |
| Selling and marketing | 0 | 0 | — | — | 0 | 0 | — | — |
| General and administrative | 0 | −0 | — | — | 0 | 1 | — | — |
| Operating income | −5 | −2 | −2 | −1 | −3 | −16 | −45 | −33 |
| Net income | −6 | −3 | −0 | −8 | −8 | −17 | −46 | −35 |
| Diluted EPS | −$686.28 | $40.22 | −$10.57 | −$335.88 | −$66.60 | $22.70 | −$5.76 | −$4.41 |
| EBITDA | −5 | −2 | −2 | −1 | −2 | −15 | −44 | −33 |
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