NAPC Defense, Inc. financials
Source: EDGAR filings · Built 2026-06-19T00:33:36Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | — | — | — | — | — | -505.17K |
| EBITDA | -2.48M | -366.79K | -455.11K | -644.24K | -555.44K | -576.88K |
| Working Capital | -1.15M | -990.46K | -961.22K | -903.58K | 91.84K | -120.67K |
| Net Debt | 817.90K | — | 379.62K | 694.31K | -156.00K | 10.09K |
| Gross Margin | — | — | 100.00% | — | — | — |
| Operating Margin | — | — | -545.91% | — | — | — |
| Net Margin | — | — | -1107.21% | — | — | — |
| Return on Equity (ROE) | 294.50% | -92.55% | 117.77% | 237.62% | -76.31% | -89.28% |
| Return on Assets (ROA) | -20526.37% | -39.24% | -255.17% | -2598.42% | -67.03% | -74.90% |
| Current Ratio | 0.01× | 0.05× | 0.18× | 0.05× | 1.87× | 0.05× |
| Debt-to-Equity | -0.72× | 0.63× | -0.73× | -0.85× | 0.05× | 0.03× |
| Cash Conversion Ratio | 0.24× | 0.48× | 0.45× | 0.30× | 0.63× | 0.75× |
| Accruals Ratio | -156.81× | -0.20× | -1.40× | -18.28× | -0.25× | -0.19× |
| SBC % of Revenue | — | — | 15.29% | — | — | — |
| CapEx Coverage | — | — | — | — | — | -7.37× |
| Free Cash Flow Per Share | — | — | — | — | — | $-0.07 |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenues | — | — | 85.00K | — | — | — |
| Gross Profit | — | — | 85.00K | — | — | — |
| Research and Development Expense | 15.63K | — | 8.35K | 8.00K | 20.00K | 120.00K |
| Operating Expenses | 2.48M | 384.01K | 549.02K | 658.77K | 603.97K | 592.24K |
| Operating Income (Loss) | -2.48M | -384.01K | -464.02K | -658.77K | -603.97K | -592.24K |
| Net Income (Loss) Attributable to Parent | -3.38M | -711.99K | -941.13K | -2.07M | -583.80K | -592.24K |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Assets, Current | 16.45K | 54.60K | 206.72K | 47.00K | 197.76K | 6.68K |
| Assets | 16.45K | 1.81M | 368.82K | 79.65K | 870.93K | 790.71K |
| Liabilities, Current | 1.16M | 1.05M | 1.17M | 950.59K | 105.92K | 127.35K |
| Liabilities | 1.16M | 1.05M | 1.17M | 950.59K | 105.92K | 127.35K |
| Stockholders' Equity Attributable to Parent | -1.15M | 769.27K | -799.12K | -870.94K | 765.01K | 663.36K |
| Common Stock, Shares, Outstanding | 238.25M | 168.40M | 43.82M | 9.49M | 8.15M | 7.40M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -797.23K | -340.74K | -424.06K | -613.76K | -368.87K | -444.78K |
| Payments to Acquire Property, Plant, and Equipment | — | — | — | — | — | 60.39K |
| Net Cash Provided by (Used in) Investing Activities | — | — | -148.22K | — | — | -60.39K |
| Net Cash Provided by (Used in) Financing Activities | 809.04K | 134.02K | 732.00K | 463.00K | 559.96K | 511.85K |
Derived Metrics
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -600.78K | -449.20K | -254.86K | — | — | — |
| EBITDA | — | — | -257.97K | -1.77M | — | — |
| Working Capital | -1.65M | -1.78M | -1.49M | -1.15M | -1.04M | -990.14K |
| Net Debt | 1.38M | 1.47M | 1.18M | 817.90K | 651.97K | 507.55K |
| Gross Margin | — | — | — | — | 100.00% | 100.00% |
| Operating Margin | — | — | — | — | -384.63% | -270.34% |
| Net Margin | — | — | — | — | -947.44% | -672.80% |
| Return on Equity (ROE) | 18.01% | 51.44% | 40.41% | 161.16% | -110.09% | -72.53% |
| Return on Assets (ROA) | -178.00% | -639.05% | -426.77% | -11232.70% | -39.17% | -27.87% |
| Current Ratio | 0.04× | 0.03× | 0.02× | 0.01× | 0.01× | 0.01× |
| Debt-to-Equity | -0.87× | -0.86× | -0.83× | -0.72× | 1.15× | 0.83× |
| Cash Conversion Ratio | 2.05× | 0.49× | 0.43× | 0.08× | 1.03× | 0.80× |
| Accruals Ratio | 1.86× | -3.24× | -2.45× | -103.74× | 0.01× | -0.06× |
| SBC % of Revenue | — | — | — | — | 16.34% | — |
| CapEx Coverage | -91.43× | -68.11× | -38.21× | — | — | — |
Income Statement
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Revenues | — | — | — | — | 67.47K | 67.47K |
| Gross Profit | — | — | — | — | 67.47K | 67.47K |
| Research and Development Expense | 6.13K | 6.13K | 6.13K | 5.52K | 6.01K | 0 |
| Operating Expenses | 152.30K | 700.95K | 258.06K | 1.71M | 259.50K | 182.39K |
| Operating Income (Loss) | -152.30K | -700.95K | -258.06K | -1.77M | -259.50K | -182.39K |
| Net Income (Loss) Attributable to Parent | -290.27K | -897.42K | -584.25K | -1.85M | -639.21K | -453.92K |
Balance Sheet
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Assets, Current | 69.17K | 49.12K | 27.71K | 16.45K | 15.69K | 12.92K |
| Assets | 163.07K | 140.43K | 136.90K | 16.45K | 1.63M | 1.63M |
| Liabilities, Current | 1.72M | 1.83M | 1.51M | 1.16M | 1.05M | 1.00M |
| Liabilities | 1.77M | 1.89M | 1.58M | 1.16M | 1.05M | 1.00M |
| Stockholders' Equity Attributable to Parent | -1.61M | -1.74M | -1.45M | -1.15M | 580.62K | 625.86K |
| Common Stock, Shares, Outstanding | 375.18M | 334.63M | 271.38M | 238.25M | 231.25M | 188.86M |
Cash Flow Statement
| Concept | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -594.28K | -442.70K | -248.36K | -141.31K | -655.92K | -362.68K |
| Net Cash Provided by (Used in) Investing Activities | -6.50K | -6.50K | -6.50K | — | — | — |
| Net Cash Provided by (Used in) Financing Activities | 613.98K | 464.88K | 267.66K | 137.43K | 671.61K | 375.60K |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (BLIS CIK 0001703625),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.