Lite Strategy, Inc. financials
Source: EDGAR filings · Built 2026-06-19T01:10:42Z
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 | -20.84M | -50.48M | -52.52M | -49.23M | -32.67M | 33.36M |
| EBITDA | -17.09M | 14.93M | -36.38M | -75.16M | -60.14M | -25.59M |
| Working Capital | 16.93M | 32.41M | 87.19M | 142.68M | 144.61M | 194.89M |
| Net Debt | — | -3.71M | -4.18M | -6.10M | -245.00K | -12.33M |
| Gross Margin | — | — | — | 100.00% | 95.95% | 90.38% |
| Operating Margin | — | 22.27% | -75.31% | -185.48% | -173.65% | -92.58% |
| Net Margin | — | 27.23% | -65.55% | -132.69% | -117.83% | -169.96% |
| Return on Equity (ROE) | -94.18% | 53.84% | -129.95% | -103.03% | -82.89% | -61.22% |
| Return on Assets (ROA) | -87.20% | 42.97% | -26.49% | -30.36% | -23.55% | -22.49% |
| Current Ratio | 13.50× | 4.88× | 5.29× | 6.84× | 8.15× | 15.17× |
| Debt-to-Equity | — | 0.00× | 0.52× | 0.18× | 0.17× | 0.00× |
| Effective Tax Rate | 0.00% | 0.00% | 0.00% | 0.00% | -0.02% | -0.00% |
| Cash Conversion Ratio | 1.31× | -2.84× | 1.64× | 0.90× | 0.78× | -0.73× |
| Accruals Ratio | 0.27× | 1.65× | 0.17× | -0.03× | -0.05× | -0.39× |
| SBC % of Revenue | — | 3.49% | 7.35% | 20.52% | 29.44% | 24.50% |
| CapEx Coverage | — | -7210.43× | -1499.54× | -101.77× | -45.15× | 38.32× |
| Free Cash Flow Per Share | $-3.13 | $-7.58 | $-7.88 | $-7.87 | $-0.29 | $0.37 |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenues | 0 | 65.30M | 48.82M | 40.70M | 34.80M | 27.76M |
| Cost of Goods and Services Sold | — | — | — | 0 | 1.41M | 2.67M |
| Research and Development Expense | 3.92M | 16.56M | 52.45M | 85.64M | 69.40M | 34.06M |
| Operating Income (Loss) | -17.45M | 14.54M | -36.76M | -75.48M | -60.42M | -25.70M |
| Income Tax Expense (Benefit) | 0 | 0 | 0 | 0 | 8.00K | 1.00K |
| Net Income (Loss) Attributable to Parent | -15.95M | 17.78M | -32.00M | -54.00M | -41.00M | -47.17M |
| Earnings Per Share, Basic | $-2.39 | $2.67 | $-4.78 | $-8.75 | $-0.37 | $-0.52 |
| Weighted Average Number of Shares Outstanding, Basic | 6.66M | 6.66M | 6.66M | 6.22M | 112.53M | 91.08M |
| Earnings Per Share, Diluted | $-2.39 | $2.67 | $-4.78 | $-9.99 | $-0.60 | $-0.52 |
| Weighted Average Number of Shares Outstanding, Diluted | 6.66M | 6.66M | 6.66M | 6.26M | 114.48M | 91.08M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 18.01M | 3.71M | 16.91M | 15.74M | 8.54M | 12.33M |
| Assets, Current | 18.29M | 40.77M | 107.53M | 167.13M | 164.82M | 208.64M |
| Assets | 18.29M | 41.38M | 120.81M | 177.84M | 174.10M | 209.73M |
| Liabilities, Current | 1.35M | 8.36M | 20.34M | 24.44M | 20.21M | 13.76M |
| Liabilities | 1.35M | 8.36M | 96.19M | 125.43M | 124.63M | 132.67M |
| Stockholders' Equity Attributable to Parent | 16.93M | 33.02M | 24.62M | 52.41M | 49.47M | 77.06M |
| Common Stock, Shares, Outstanding | 6.66M | 6.66M | 6.66M | 6.66M | 112.61M | 111.51M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -20.84M | -50.47M | -52.48M | -48.75M | -31.96M | 34.26M |
| Payments to Acquire Property, Plant, and Equipment | 0 | 7.00K | 35.00K | 479.00K | 708.00K | 894.00K |
| Net Cash Provided by (Used in) Investing Activities | 35.15M | 49.14M | 53.69M | 6.89M | 24.71M | -106.29M |
| Payments of Dividends | 0 | 11.66M | 0 | — | — | — |
| Net Cash Provided by (Used in) Financing Activities | 0 | -11.87M | -40.00K | 49.05M | 3.47M | 74.78M |
Derived Metrics
| Concept | Q3 2026 | Q2 2025 | Q1 2025 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Free Cash Flow | — | — | — | -2.46M | -18.38M | -15.12M |
| EBITDA | — | — | -3.74M | -2.88M | — | — |
| Working Capital | 10.02M | 9.82M | 12.17M | 16.93M | 19.54M | 22.10M |
| Return on Equity (ROE) | -41.69% | -37.63% | -3.24% | -15.88% | -13.17% | -12.11% |
| Return on Assets (ROA) | -41.00% | -37.14% | -3.21% | -14.70% | -12.38% | -10.98% |
| Current Ratio | 11.53× | 10.04× | 12.39× | 13.50× | 16.78× | 10.66× |
| Cash Conversion Ratio | 0.34× | 0.21× | 1.24× | 0.92× | 7.14× | 5.65× |
| Accruals Ratio | -0.27× | -0.29× | 0.01× | -0.01× | 0.76× | 0.51× |
| Free Cash Flow Per Share | — | — | — | $-0.37 | $-2.76 | $-2.27 |
Income Statement
| Concept | Q3 2026 | Q2 2025 | Q1 2025 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Revenues | — | — | — | 0 | 0 | 0 |
| Research and Development Expense | 30.00K | 46.00K | 10.00K | 83.00K | 369.00K | 308.00K |
| Operating Income (Loss) | -21.61M | -29.87M | -3.74M | -2.88M | -2.77M | -3.45M |
| Net Income (Loss) Attributable to Parent | -23.69M | -30.80M | -3.64M | -2.69M | -2.57M | -2.68M |
| Earnings Per Share, Basic | $-0.66 | $-0.82 | $-0.12 | $-0.40 | $-0.39 | $-0.40 |
| Weighted Average Number of Shares Outstanding, Basic | 35.71M | 37.37M | 29.48M | 6.66M | 6.66M | 6.66M |
| Earnings Per Share, Diluted | $-0.66 | $-0.82 | $-0.12 | $-0.40 | $-0.39 | $-0.40 |
| Weighted Average Number of Shares Outstanding, Diluted | 35.71M | 37.37M | 29.48M | 6.66M | 6.66M | 6.66M |
Balance Sheet
| Concept | Q3 2026 | Q2 2025 | Q1 2025 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 7.54M | 8.76M | 10.11M | 18.01M | 20.47M | 23.74M |
| Assets, Current | 10.97M | 10.91M | 13.24M | 18.29M | 20.78M | 24.39M |
| Assets | 57.79M | 82.94M | 113.34M | 18.29M | 20.78M | 24.39M |
| Liabilities, Current | 952.00K | 1.09M | 1.07M | 1.35M | 1.24M | 2.29M |
| Liabilities | 952.00K | 1.09M | 1.07M | 1.35M | 1.24M | 2.29M |
| Stockholders' Equity Attributable to Parent | 56.84M | 81.85M | 112.27M | 16.93M | 19.54M | 22.10M |
| Common Stock, Shares, Outstanding | 35.16M | — | 35.66M | 6.66M | 6.66M | 6.66M |
Cash Flow Statement
| Concept | Q3 2026 | Q2 2025 | Q1 2025 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -7.96M | -6.44M | -4.51M | -2.46M | -18.38M | -15.12M |
| Payments to Acquire Property, Plant, and Equipment | — | — | — | 0 | 0 | 0 |
| Net Cash Provided by (Used in) Investing Activities | -97.33M | -99.43M | -100.00M | 0 | 35.15M | 35.15M |
| Payments for Repurchase of Common Stock | 2.00M | 203.00K | — | — | 0 | 0 |
| Payments of Dividends | — | — | — | 0 | 0 | 0 |
| Net Cash Provided by (Used in) Financing Activities | 94.82M | 96.61M | 96.61M | 0 | 0 | 0 |
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 (LITS CIK 0001262104),
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.