{
  "ticker": {
    "uuid": "314b2d49-0193-4ad1-8b37-3ca7441b5b70",
    "symbol": "NCRA",
    "name": "Nocera Inc",
    "exchange": "NASDAQ",
    "exchange_name": "NASDAQ",
    "country": "US",
    "currency": "USD",
    "sector": "Consumer Defensive",
    "industry": "Packaged Foods",
    "page_url": "https://sharemaestro.com/factors/ticker/314b2d49-0193-4ad1-8b37-3ca7441b5b70/",
    "api_url": "https://sharemaestro.com/factors/api/tickers/314b2d49-0193-4ad1-8b37-3ca7441b5b70/"
  },
  "latest_snapshot": {
    "ticker": {
      "uuid": "314b2d49-0193-4ad1-8b37-3ca7441b5b70",
      "symbol": "NCRA",
      "name": "Nocera Inc",
      "exchange": "NASDAQ",
      "exchange_name": "NASDAQ",
      "country": "US",
      "currency": "USD",
      "sector": "Consumer Defensive",
      "industry": "Packaged Foods",
      "page_url": "https://sharemaestro.com/factors/ticker/314b2d49-0193-4ad1-8b37-3ca7441b5b70/",
      "api_url": "https://sharemaestro.com/factors/api/tickers/314b2d49-0193-4ad1-8b37-3ca7441b5b70/"
    },
    "week_end_date": "2026-07-19",
    "universe": "USD_US",
    "score": {
      "os": 0.46,
      "value": 0.47,
      "quality": 0.46,
      "momentum": 0.47,
      "coverage": 0.727,
      "confidence": 0.704,
      "delta": 3
    },
    "headline_factors": {
      "price": 1.39,
      "market_cap": 2168853.14,
      "pe_ratio": null,
      "earnings_yield": null,
      "ebitda_to_ev": null,
      "shareholder_yield": null,
      "roe": -4.4603,
      "piotroski_f_score": 3,
      "momentum_12_1": -0.8922,
      "volatility_252d": 1.0186
    },
    "strategy_flags": {
      "market_leader": false,
      "cornerstone_value": false,
      "cornerstone_growth": false,
      "tiny_titan": false,
      "all_cap_buyback": false,
      "small_cap_core": false,
      "veiled_value": false,
      "earnings_consistent_5y": false
    },
    "factor_groups": {
      "valuation": {
        "pe_ratio": null,
        "ev_ebitda": null,
        "earnings_yield": null,
        "fcf_yield": -0.721,
        "shareholder_yield": null
      },
      "quality": {
        "roe": -4.4603,
        "roic": -1.1423,
        "gross_margin": 0.0144,
        "fcf_margin": -0.2685,
        "piotroski_f_score": 3
      },
      "growth": {
        "revenue_growth_1y": -0.1885,
        "eps_growth_1y": null,
        "fcf_growth_1y": null
      },
      "momentum": {
        "price_return_12m": -0.9559,
        "momentum_12_1": -0.8922,
        "relative_strength": -1.152
      },
      "scores": {
        "value_percentile": 0.47,
        "quality_percentile": 0.46,
        "momentum_percentile": 0.47,
        "growth_composite": 54,
        "yield_composite": 52,
        "overall_composite": 54,
        "os_score": 0.46,
        "factor_coverage": 0.727,
        "signal_confidence": 0.704
      }
    }
  },
  "factor_history": [
    {
      "week_end_date": "2026-06-07",
      "price": 4.8,
      "os": 0,
      "value": 0.18,
      "quality": 0.01,
      "momentum": 0,
      "confidence": 0.788,
      "coverage": 0.788,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": -0.0286,
      "roe": -4.4603,
      "momentum_12_1": -0.7608
    },
    {
      "week_end_date": "2026-06-14",
      "price": 3.36,
      "os": 0.01,
      "value": 0.19,
      "quality": 0.01,
      "momentum": 0,
      "confidence": 0.788,
      "coverage": 0.788,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": -0.0409,
      "roe": -4.4603,
      "momentum_12_1": -0.8028
    },
    {
      "week_end_date": "2026-06-21",
      "price": 3.4,
      "os": 0.01,
      "value": 0.19,
      "quality": 0.01,
      "momentum": 0,
      "confidence": 0.788,
      "coverage": 0.788,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": -0.0404,
      "roe": -4.4603,
      "momentum_12_1": -0.7528
    },
    {
      "week_end_date": "2026-06-28",
      "price": 2.97,
      "os": 0.01,
      "value": 0.2,
      "quality": 0.01,
      "momentum": 0,
      "confidence": 0.788,
      "coverage": 0.788,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": -0.0462,
      "roe": -4.4603,
      "momentum_12_1": -0.7824
    },
    {
      "week_end_date": "2026-07-05",
      "price": 1.98,
      "os": 0.57,
      "value": 0.52,
      "quality": 0.51,
      "momentum": 0.52,
      "confidence": 0.781,
      "coverage": 0.788,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": -0.0693,
      "roe": -4.4603,
      "momentum_12_1": -0.843
    },
    {
      "week_end_date": "2026-07-12",
      "price": 1.59,
      "os": 0.49,
      "value": 0.48,
      "quality": 0.46,
      "momentum": 0.49,
      "confidence": 0.712,
      "coverage": 0.727,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": null,
      "roe": -4.4603,
      "momentum_12_1": -0.8933
    },
    {
      "week_end_date": "2026-07-19",
      "price": 1.39,
      "os": 0.46,
      "value": 0.47,
      "quality": 0.46,
      "momentum": 0.47,
      "confidence": 0.704,
      "coverage": 0.727,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": null,
      "roe": -4.4603,
      "momentum_12_1": -0.8922
    }
  ],
  "financial_periods": {
    "annual": [
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 11030595,
          "cost_of_revenue": 10869350,
          "gross_profit": 161245,
          "ebit": -2257693,
          "ebitda": -2030865,
          "pretax_income": -2257693,
          "tax_provision": 251972,
          "net_income": -2837018,
          "net_income_to_common": -2837018,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 7952180,
          "total_current_assets": 8269342,
          "total_assets": 10111219,
          "short_term_debt": 23565,
          "long_term_debt": null,
          "total_debt": 7254873,
          "total_liabilities": 7916954,
          "total_equity": 2194265,
          "shares_outstanding": 476883,
          "goodwill_and_intangibles": 0
        },
        "cash_flow": {
          "operating_cash_flow": -2585904,
          "capital_expenditure": 0,
          "free_cash_flow": -2585904,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 2886700,
          "net_debt_issued": 7272688
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 11030595,
          "cost_of_revenue": 10869350,
          "gross_profit": 161245,
          "ebit": -2257693,
          "ebitda": -2030865,
          "pretax_income": -2257693,
          "tax_provision": 251972,
          "net_income": -2837018,
          "net_income_to_common": -2837018,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 7952180,
          "total_current_assets": 8269342,
          "total_assets": 10111219,
          "short_term_debt": 23565,
          "long_term_debt": null,
          "total_debt": 7254873,
          "total_liabilities": 7916954,
          "total_equity": 2194265,
          "shares_outstanding": 476883,
          "goodwill_and_intangibles": 0
        },
        "cash_flow": {
          "operating_cash_flow": -2585904,
          "capital_expenditure": 0,
          "free_cash_flow": -2585904,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 2886700,
          "net_debt_issued": 7272688
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 11030595,
          "cost_of_revenue": 10869350,
          "gross_profit": 161245,
          "ebit": -2257693,
          "ebitda": -2030865,
          "pretax_income": -2257693,
          "tax_provision": 251972,
          "net_income": -2837018,
          "net_income_to_common": -2837018,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 7952180,
          "total_current_assets": 8269342,
          "total_assets": 10111219,
          "short_term_debt": 23565,
          "long_term_debt": null,
          "total_debt": 7254873,
          "total_liabilities": 7916954,
          "total_equity": 2194265,
          "shares_outstanding": 14306487,
          "goodwill_and_intangibles": 0
        },
        "cash_flow": {
          "operating_cash_flow": -2585904,
          "capital_expenditure": 0,
          "free_cash_flow": -2585904,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 2886700,
          "net_debt_issued": 7272688
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 11030595,
          "cost_of_revenue": 10869350,
          "gross_profit": 161245,
          "ebit": -2257693,
          "ebitda": -2030865,
          "pretax_income": -2257693,
          "tax_provision": 251972,
          "net_income": -2837018,
          "net_income_to_common": -2837018,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 7952180,
          "total_current_assets": 8269342,
          "total_assets": 10111219,
          "short_term_debt": 23565,
          "long_term_debt": null,
          "total_debt": 7254873,
          "total_liabilities": 7916954,
          "total_equity": 2194265,
          "shares_outstanding": 14306487,
          "goodwill_and_intangibles": 0
        },
        "cash_flow": {
          "operating_cash_flow": -2585904,
          "capital_expenditure": 0,
          "free_cash_flow": -2585904,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 2886700,
          "net_debt_issued": 7272688
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 11030595,
          "cost_of_revenue": 10869350,
          "gross_profit": 161245,
          "ebit": -2257693,
          "ebitda": -2030865,
          "pretax_income": -2257693,
          "tax_provision": 251972,
          "net_income": -2837018,
          "net_income_to_common": -2837018,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 7952180,
          "total_current_assets": 8269342,
          "total_assets": 10111219,
          "short_term_debt": 23565,
          "long_term_debt": null,
          "total_debt": 7254873,
          "total_liabilities": 7916954,
          "total_equity": 2194265,
          "shares_outstanding": 14306487,
          "goodwill_and_intangibles": 0
        },
        "cash_flow": {
          "operating_cash_flow": -2585904,
          "capital_expenditure": 0,
          "free_cash_flow": -2585904,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 2886700,
          "net_debt_issued": 7272688
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 11030595,
          "cost_of_revenue": 10869350,
          "gross_profit": 161245,
          "ebit": -2454378,
          "ebitda": -2227550,
          "pretax_income": -2257693,
          "tax_provision": 251972,
          "net_income": -2837018,
          "net_income_to_common": -2837018,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 7952180,
          "total_current_assets": 8269342,
          "total_assets": 10111219,
          "short_term_debt": 23565,
          "long_term_debt": null,
          "total_debt": 7254873,
          "total_liabilities": 7916954,
          "total_equity": 2194265,
          "shares_outstanding": 14306487,
          "goodwill_and_intangibles": 0
        },
        "cash_flow": {
          "operating_cash_flow": -2585904,
          "capital_expenditure": 0,
          "free_cash_flow": -2585904,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 2886700,
          "net_debt_issued": 7272688
        }
      },
      {
        "period_end_date": "2024-12-31",
        "period_type": "annual",
        "fiscal_year": 2024,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 17013132,
          "cost_of_revenue": 16678871,
          "gross_profit": 334261,
          "ebit": -1801075,
          "ebitda": -1658270,
          "pretax_income": -2269733,
          "tax_provision": 124070,
          "net_income": -2354461,
          "net_income_to_common": -2354461,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 484161,
          "total_current_assets": 1280453,
          "total_assets": 4882562,
          "short_term_debt": 6631,
          "long_term_debt": 23786,
          "total_debt": 30417,
          "total_liabilities": 662983,
          "total_equity": 4179145,
          "shares_outstanding": 441657,
          "goodwill_and_intangibles": 2175553
        },
        "cash_flow": {
          "operating_cash_flow": -1574709,
          "capital_expenditure": 956,
          "free_cash_flow": -1573753,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 1584329,
          "net_debt_issued": -483111
        }
      },
      {
        "period_end_date": "2024-12-31",
        "period_type": "annual",
        "fiscal_year": 2024,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 17013132,
          "cost_of_revenue": 16678871,
          "gross_profit": 334261,
          "ebit": -1801075,
          "ebitda": -1658270,
          "pretax_income": -2269733,
          "tax_provision": 124070,
          "net_income": -2354461,
          "net_income_to_common": -2354461,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 484161,
          "total_current_assets": 1280453,
          "total_assets": 4882562,
          "short_term_debt": 6631,
          "long_term_debt": 23786,
          "total_debt": 30417,
          "total_liabilities": 662983,
          "total_equity": 4179145,
          "shares_outstanding": 441657,
          "goodwill_and_intangibles": 2175553
        },
        "cash_flow": {
          "operating_cash_flow": -1574709,
          "capital_expenditure": 956,
          "free_cash_flow": -1573753,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 1584329,
          "net_debt_issued": -483111
        }
      }
    ],
    "quarterly": [
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 2277784,
          "cost_of_revenue": 2235804,
          "gross_profit": 41980,
          "ebit": -1273741,
          "ebitda": -1270127,
          "pretax_income": -1273741,
          "tax_provision": 108541,
          "net_income": -1273741,
          "net_income_to_common": -1273741,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 5367067,
          "total_current_assets": 5681342,
          "total_assets": 8976830,
          "short_term_debt": 31672,
          "long_term_debt": null,
          "total_debt": 7432727,
          "total_liabilities": 8110806,
          "total_equity": 866024,
          "shares_outstanding": 490611,
          "goodwill_and_intangibles": 1605413
        },
        "cash_flow": {
          "operating_cash_flow": -583026,
          "capital_expenditure": 4,
          "free_cash_flow": -583022,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 0,
          "net_debt_issued": -2183
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 2277784,
          "cost_of_revenue": 2235804,
          "gross_profit": 41980,
          "ebit": -1273741,
          "ebitda": -1270127,
          "pretax_income": -1273741,
          "tax_provision": 108541,
          "net_income": -1273741,
          "net_income_to_common": -1273741,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 5367067,
          "total_current_assets": 5681342,
          "total_assets": 8976830,
          "short_term_debt": 31672,
          "long_term_debt": null,
          "total_debt": 7432727,
          "total_liabilities": 8110806,
          "total_equity": 866024,
          "shares_outstanding": 490611,
          "goodwill_and_intangibles": 1605413
        },
        "cash_flow": {
          "operating_cash_flow": -583026,
          "capital_expenditure": 4,
          "free_cash_flow": -583022,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 0,
          "net_debt_issued": -2183
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 2277784,
          "cost_of_revenue": 2235804,
          "gross_profit": 41980,
          "ebit": -1273741,
          "ebitda": -1270127,
          "pretax_income": -1273741,
          "tax_provision": 108541,
          "net_income": -1273741,
          "net_income_to_common": -1273741,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 5367067,
          "total_current_assets": 5681342,
          "total_assets": 8976830,
          "short_term_debt": 31672,
          "long_term_debt": null,
          "total_debt": 7432727,
          "total_liabilities": 8110806,
          "total_equity": 866024,
          "shares_outstanding": 14718319,
          "goodwill_and_intangibles": 1605413
        },
        "cash_flow": {
          "operating_cash_flow": -583026,
          "capital_expenditure": 4,
          "free_cash_flow": -583022,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 0,
          "net_debt_issued": -2183
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 2277784,
          "cost_of_revenue": 2235804,
          "gross_profit": 41980,
          "ebit": -1273741,
          "ebitda": -1270127,
          "pretax_income": -1273741,
          "tax_provision": 108541,
          "net_income": -1273741,
          "net_income_to_common": -1273741,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 5367067,
          "total_current_assets": 5681342,
          "total_assets": 8976830,
          "short_term_debt": 31672,
          "long_term_debt": null,
          "total_debt": 7432727,
          "total_liabilities": 8110806,
          "total_equity": 866024,
          "shares_outstanding": 14718319,
          "goodwill_and_intangibles": 1605413
        },
        "cash_flow": {
          "operating_cash_flow": -583026,
          "capital_expenditure": 4,
          "free_cash_flow": -583022,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 0,
          "net_debt_issued": -2183
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 2277784,
          "cost_of_revenue": 2235804,
          "gross_profit": 41980,
          "ebit": -1273741,
          "ebitda": -1270127,
          "pretax_income": -1273741,
          "tax_provision": 108541,
          "net_income": -1273741,
          "net_income_to_common": -1273741,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 5367067,
          "total_current_assets": 5681342,
          "total_assets": 8976830,
          "short_term_debt": 31672,
          "long_term_debt": null,
          "total_debt": 7432727,
          "total_liabilities": 8110806,
          "total_equity": 866024,
          "shares_outstanding": 14718319,
          "goodwill_and_intangibles": 1605413
        },
        "cash_flow": {
          "operating_cash_flow": -583026,
          "capital_expenditure": 4,
          "free_cash_flow": -583022,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 0,
          "net_debt_issued": -2183
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 2277784,
          "cost_of_revenue": 2235804,
          "gross_profit": 41980,
          "ebit": -1320196,
          "ebitda": -517228,
          "pretax_income": -1273741,
          "tax_provision": 108541,
          "net_income": -1273741,
          "net_income_to_common": -1273741,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 5367067,
          "total_current_assets": 5681342,
          "total_assets": 8976830,
          "short_term_debt": 31672,
          "long_term_debt": null,
          "total_debt": 7432727,
          "total_liabilities": 8110806,
          "total_equity": 866024,
          "shares_outstanding": 14718319,
          "goodwill_and_intangibles": 1605413
        },
        "cash_flow": {
          "operating_cash_flow": -583026,
          "capital_expenditure": 4,
          "free_cash_flow": -583022,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 0,
          "net_debt_issued": -2183
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 3518708,
          "cost_of_revenue": 3478537,
          "gross_profit": 40171,
          "ebit": -1320196,
          "ebitda": -1317800,
          "pretax_income": -499214,
          "tax_provision": null,
          "net_income": -596504,
          "net_income_to_common": -596504,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 7952180,
          "total_current_assets": 8269342,
          "total_assets": 10111219,
          "short_term_debt": null,
          "long_term_debt": null,
          "total_debt": 25641,
          "total_liabilities": 10551954,
          "total_equity": -440735,
          "shares_outstanding": 14433630,
          "goodwill_and_intangibles": 0
        },
        "cash_flow": {
          "operating_cash_flow": -1462007,
          "capital_expenditure": 0,
          "free_cash_flow": -1462007,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 11700,
          "net_debt_issued": -1861
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 3518708,
          "cost_of_revenue": 3478537,
          "gross_profit": 40171,
          "ebit": -1320196,
          "ebitda": -1317800,
          "pretax_income": -499214,
          "tax_provision": null,
          "net_income": -596504,
          "net_income_to_common": -596504,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 7952180,
          "total_current_assets": 8269342,
          "total_assets": 10111219,
          "short_term_debt": null,
          "long_term_debt": null,
          "total_debt": 25641,
          "total_liabilities": 10551954,
          "total_equity": -440735,
          "shares_outstanding": 14433630,
          "goodwill_and_intangibles": 0
        },
        "cash_flow": {
          "operating_cash_flow": -1462007,
          "capital_expenditure": 0,
          "free_cash_flow": -1462007,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 11700,
          "net_debt_issued": -1861
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 3518708,
          "cost_of_revenue": 3478537,
          "gross_profit": 40171,
          "ebit": -1320196,
          "ebitda": -1317800,
          "pretax_income": -499214,
          "tax_provision": null,
          "net_income": -596504,
          "net_income_to_common": -596504,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 7952180,
          "total_current_assets": 8269342,
          "total_assets": 10111219,
          "short_term_debt": null,
          "long_term_debt": null,
          "total_debt": 25641,
          "total_liabilities": 10551954,
          "total_equity": -440735,
          "shares_outstanding": 14433630,
          "goodwill_and_intangibles": 0
        },
        "cash_flow": {
          "operating_cash_flow": -1462007,
          "capital_expenditure": 0,
          "free_cash_flow": -1462007,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 11700,
          "net_debt_issued": -1861
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 3518708,
          "cost_of_revenue": 3478537,
          "gross_profit": 40171,
          "ebit": -1320196,
          "ebitda": -1317800,
          "pretax_income": -499214,
          "tax_provision": null,
          "net_income": -596504,
          "net_income_to_common": -596504,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 7952180,
          "total_current_assets": 8269342,
          "total_assets": 10111219,
          "short_term_debt": null,
          "long_term_debt": null,
          "total_debt": 25641,
          "total_liabilities": 10551954,
          "total_equity": -440735,
          "shares_outstanding": 14433630,
          "goodwill_and_intangibles": 0
        },
        "cash_flow": {
          "operating_cash_flow": -1462007,
          "capital_expenditure": 0,
          "free_cash_flow": -1462007,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 11700,
          "net_debt_issued": -1861
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 3518708,
          "cost_of_revenue": 3478537,
          "gross_profit": 40171,
          "ebit": -1320196,
          "ebitda": -1317800,
          "pretax_income": -499214,
          "tax_provision": null,
          "net_income": -596504,
          "net_income_to_common": -596504,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 7952180,
          "total_current_assets": 8269342,
          "total_assets": 10111219,
          "short_term_debt": null,
          "long_term_debt": null,
          "total_debt": 25641,
          "total_liabilities": 10551954,
          "total_equity": -440735,
          "shares_outstanding": 14433630,
          "goodwill_and_intangibles": 0
        },
        "cash_flow": {
          "operating_cash_flow": -1462007,
          "capital_expenditure": 0,
          "free_cash_flow": -1462007,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 11700,
          "net_debt_issued": -1861
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 3518708,
          "cost_of_revenue": 3478537,
          "gross_profit": 40171,
          "ebit": -1320196,
          "ebitda": -1317800,
          "pretax_income": -499214,
          "tax_provision": null,
          "net_income": -596504,
          "net_income_to_common": -596504,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 7952180,
          "total_current_assets": 8269342,
          "total_assets": 10111219,
          "short_term_debt": null,
          "long_term_debt": null,
          "total_debt": 25641,
          "total_liabilities": 10551954,
          "total_equity": -440735,
          "shares_outstanding": 14433630,
          "goodwill_and_intangibles": 0
        },
        "cash_flow": {
          "operating_cash_flow": -1462007,
          "capital_expenditure": 0,
          "free_cash_flow": -1462007,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 11700,
          "net_debt_issued": -1861
        }
      }
    ]
  },
  "strategy_matches": [
    {
      "key": "sector_relative",
      "name": "Cheapest in Sector",
      "slug": "sector-relative",
      "group": "value",
      "page_url": "/factors/sector-relative/"
    },
    {
      "key": "risk_adj_momentum",
      "name": "Risk-Adjusted Momentum",
      "slug": "risk-adj-momentum",
      "group": "momentum",
      "page_url": "/factors/risk-adj-momentum/"
    }
  ],
  "coverage": {
    "factor_history_points": 7,
    "annual_financial_periods": 8,
    "quarterly_financial_periods": 12,
    "latest_factor_week": "2026-07-19",
    "latest_financials_period_end": "2025-12-31"
  },
  "schema": {
    "public_fields_only": true
  }
}