{
  "ticker": {
    "uuid": "bf7c586b-6c04-45c8-8ecb-c76c9e1a51a4",
    "symbol": "XELB",
    "name": "Xcel Brands Inc",
    "exchange": "NASDAQ",
    "exchange_name": "NASDAQ",
    "country": "US",
    "currency": "USD",
    "sector": "Consumer Cyclical",
    "industry": "Apparel Manufacturing",
    "page_url": "https://sharemaestro.com/factors/ticker/bf7c586b-6c04-45c8-8ecb-c76c9e1a51a4/",
    "api_url": "https://sharemaestro.com/factors/api/tickers/bf7c586b-6c04-45c8-8ecb-c76c9e1a51a4/"
  },
  "latest_snapshot": {
    "ticker": {
      "uuid": "bf7c586b-6c04-45c8-8ecb-c76c9e1a51a4",
      "symbol": "XELB",
      "name": "Xcel Brands Inc",
      "exchange": "NASDAQ",
      "exchange_name": "NASDAQ",
      "country": "US",
      "currency": "USD",
      "sector": "Consumer Cyclical",
      "industry": "Apparel Manufacturing",
      "page_url": "https://sharemaestro.com/factors/ticker/bf7c586b-6c04-45c8-8ecb-c76c9e1a51a4/",
      "api_url": "https://sharemaestro.com/factors/api/tickers/bf7c586b-6c04-45c8-8ecb-c76c9e1a51a4/"
    },
    "week_end_date": "2026-07-26",
    "universe": "USD_US",
    "score": {
      "os": 0.27,
      "value": 0.39,
      "quality": 0.38,
      "momentum": 0.4,
      "coverage": 0.788,
      "confidence": 0.755,
      "delta": -1
    },
    "headline_factors": {
      "price": 1.23,
      "market_cap": 7449028.83,
      "pe_ratio": null,
      "earnings_yield": null,
      "ebitda_to_ev": null,
      "shareholder_yield": -0.238,
      "roe": -1.1198,
      "piotroski_f_score": 2,
      "momentum_12_1": 0.1476,
      "volatility_252d": 1.1458
    },
    "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": -0.2398,
        "shareholder_yield": -0.238
      },
      "quality": {
        "roe": -1.1198,
        "roic": -0.3391,
        "gross_margin": 0.623,
        "fcf_margin": -1.3601,
        "piotroski_f_score": 2
      },
      "growth": {
        "revenue_growth_1y": -0.3586,
        "eps_growth_1y": null,
        "fcf_growth_1y": null
      },
      "momentum": {
        "price_return_12m": -0.2114,
        "momentum_12_1": 0.1476,
        "relative_strength": -0.4277
      },
      "scores": {
        "value_percentile": 0.39,
        "quality_percentile": 0.38,
        "momentum_percentile": 0.4,
        "growth_composite": 60,
        "yield_composite": 60,
        "overall_composite": 73,
        "os_score": 0.27,
        "factor_coverage": 0.788,
        "signal_confidence": 0.755
      }
    }
  },
  "factor_history": [
    {
      "week_end_date": "2026-06-07",
      "price": 2.01,
      "os": 0.36,
      "value": 0.43,
      "quality": 0.42,
      "momentum": 0.42,
      "confidence": 0.788,
      "coverage": 0.788,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": -0.1457,
      "roe": -1.1198,
      "momentum_12_1": 0.2116
    },
    {
      "week_end_date": "2026-06-14",
      "price": 1.82,
      "os": 0.36,
      "value": 0.43,
      "quality": 0.41,
      "momentum": 0.42,
      "confidence": 0.788,
      "coverage": 0.788,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": -0.1604,
      "roe": -1.1198,
      "momentum_12_1": 0.1711
    },
    {
      "week_end_date": "2026-06-21",
      "price": 2.04,
      "os": 0.51,
      "value": 0.49,
      "quality": 0.48,
      "momentum": 0.49,
      "confidence": 0.788,
      "coverage": 0.788,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": -0.1435,
      "roe": -1.1198,
      "momentum_12_1": 0.1882
    },
    {
      "week_end_date": "2026-06-28",
      "price": 1.79,
      "os": 0.42,
      "value": 0.46,
      "quality": 0.44,
      "momentum": 0.44,
      "confidence": 0.788,
      "coverage": 0.788,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": -0.1636,
      "roe": -1.1198,
      "momentum_12_1": 0.1885
    },
    {
      "week_end_date": "2026-07-05",
      "price": 1.73,
      "os": 0.22,
      "value": 0.37,
      "quality": 0.36,
      "momentum": 0.37,
      "confidence": 0.781,
      "coverage": 0.788,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": -0.1692,
      "roe": -1.1198,
      "momentum_12_1": 0.3137
    },
    {
      "week_end_date": "2026-07-12",
      "price": 1.62,
      "os": 0.72,
      "value": 0.6,
      "quality": 0.58,
      "momentum": 0.61,
      "confidence": 0.772,
      "coverage": 0.788,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": -0.1807,
      "roe": -1.1198,
      "momentum_12_1": 0.0994
    },
    {
      "week_end_date": "2026-07-19",
      "price": 1.29,
      "os": 0.26,
      "value": 0.39,
      "quality": 0.37,
      "momentum": 0.38,
      "confidence": 0.764,
      "coverage": 0.788,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": -0.2269,
      "roe": -1.1198,
      "momentum_12_1": 0.3077
    },
    {
      "week_end_date": "2026-07-26",
      "price": 1.23,
      "os": 0.27,
      "value": 0.39,
      "quality": 0.38,
      "momentum": 0.4,
      "confidence": 0.755,
      "coverage": 0.788,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": -0.238,
      "roe": -1.1198,
      "momentum_12_1": 0.1476
    }
  ],
  "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": 4939000,
          "cost_of_revenue": 3593000,
          "gross_profit": 1346000,
          "ebit": -15081000,
          "ebitda": -11488000,
          "pretax_income": -17497000,
          "tax_provision": 75000,
          "net_income": -17461000,
          "net_income_to_common": -17461000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1150000,
          "total_current_assets": 3670000,
          "total_assets": 38946000,
          "short_term_debt": 4937000,
          "long_term_debt": 9456000,
          "total_debt": 18071000,
          "total_liabilities": 23122000,
          "total_equity": 17961000,
          "shares_outstanding": 3435816,
          "goodwill_and_intangibles": 31229000
        },
        "cash_flow": {
          "operating_cash_flow": -7023000,
          "capital_expenditure": 10000,
          "free_cash_flow": -7013000,
          "dividends_paid": null,
          "share_repurchases": -204000,
          "shares_issued": 1965000,
          "net_debt_issued": 4920000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 4939000,
          "cost_of_revenue": 3593000,
          "gross_profit": 1346000,
          "ebit": -15081000,
          "ebitda": -11488000,
          "pretax_income": -17497000,
          "tax_provision": 75000,
          "net_income": -17461000,
          "net_income_to_common": -17461000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1150000,
          "total_current_assets": 3670000,
          "total_assets": 38946000,
          "short_term_debt": 4937000,
          "long_term_debt": 9456000,
          "total_debt": 18071000,
          "total_liabilities": 23122000,
          "total_equity": 17961000,
          "shares_outstanding": 3435816,
          "goodwill_and_intangibles": 31229000
        },
        "cash_flow": {
          "operating_cash_flow": -7023000,
          "capital_expenditure": 10000,
          "free_cash_flow": -7013000,
          "dividends_paid": null,
          "share_repurchases": -204000,
          "shares_issued": 1965000,
          "net_debt_issued": 4920000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 4939000,
          "cost_of_revenue": 3593000,
          "gross_profit": 1346000,
          "ebit": -15081000,
          "ebitda": -11488000,
          "pretax_income": -17497000,
          "tax_provision": 75000,
          "net_income": -17461000,
          "net_income_to_common": -17461000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1150000,
          "total_current_assets": 3670000,
          "total_assets": 38946000,
          "short_term_debt": 4937000,
          "long_term_debt": 9456000,
          "total_debt": 18071000,
          "total_liabilities": 23122000,
          "total_equity": 17961000,
          "shares_outstanding": 3435816,
          "goodwill_and_intangibles": 31229000
        },
        "cash_flow": {
          "operating_cash_flow": -7023000,
          "capital_expenditure": 10000,
          "free_cash_flow": -7013000,
          "dividends_paid": null,
          "share_repurchases": -204000,
          "shares_issued": 1965000,
          "net_debt_issued": 4920000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 4939000,
          "cost_of_revenue": 3593000,
          "gross_profit": 1346000,
          "ebit": -15081000,
          "ebitda": -11488000,
          "pretax_income": -17497000,
          "tax_provision": 75000,
          "net_income": -17461000,
          "net_income_to_common": -17461000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1150000,
          "total_current_assets": 3670000,
          "total_assets": 38946000,
          "short_term_debt": 4937000,
          "long_term_debt": 9456000,
          "total_debt": 18071000,
          "total_liabilities": 23122000,
          "total_equity": 17961000,
          "shares_outstanding": 3435816,
          "goodwill_and_intangibles": 31229000
        },
        "cash_flow": {
          "operating_cash_flow": -7023000,
          "capital_expenditure": 10000,
          "free_cash_flow": -7013000,
          "dividends_paid": null,
          "share_repurchases": -204000,
          "shares_issued": 1965000,
          "net_debt_issued": 4920000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 4939000,
          "cost_of_revenue": 3593000,
          "gross_profit": 1346000,
          "ebit": -15081000,
          "ebitda": -11488000,
          "pretax_income": -17497000,
          "tax_provision": 75000,
          "net_income": -17461000,
          "net_income_to_common": -17461000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1150000,
          "total_current_assets": 3670000,
          "total_assets": 38946000,
          "short_term_debt": 4937000,
          "long_term_debt": 9456000,
          "total_debt": 18071000,
          "total_liabilities": 23122000,
          "total_equity": 17961000,
          "shares_outstanding": 3435816,
          "goodwill_and_intangibles": 31229000
        },
        "cash_flow": {
          "operating_cash_flow": -7023000,
          "capital_expenditure": 10000,
          "free_cash_flow": -7013000,
          "dividends_paid": null,
          "share_repurchases": -204000,
          "shares_issued": 1965000,
          "net_debt_issued": 4920000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 4939000,
          "cost_of_revenue": 3593000,
          "gross_profit": 1346000,
          "ebit": -15081000,
          "ebitda": -11488000,
          "pretax_income": -17497000,
          "tax_provision": 75000,
          "net_income": -17461000,
          "net_income_to_common": -17461000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1150000,
          "total_current_assets": 3670000,
          "total_assets": 38946000,
          "short_term_debt": 4937000,
          "long_term_debt": 9456000,
          "total_debt": 18071000,
          "total_liabilities": 23122000,
          "total_equity": 17961000,
          "shares_outstanding": 3435816,
          "goodwill_and_intangibles": 31229000
        },
        "cash_flow": {
          "operating_cash_flow": -7023000,
          "capital_expenditure": 10000,
          "free_cash_flow": -7013000,
          "dividends_paid": null,
          "share_repurchases": -204000,
          "shares_issued": 1965000,
          "net_debt_issued": 4920000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 4939000,
          "cost_of_revenue": 3593000,
          "gross_profit": 4939000,
          "ebit": -15081000,
          "ebitda": -11488000,
          "pretax_income": -17497000,
          "tax_provision": 75000,
          "net_income": -17461000,
          "net_income_to_common": -17461000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1150000,
          "total_current_assets": 3670000,
          "total_assets": 38946000,
          "short_term_debt": 4937000,
          "long_term_debt": 9456000,
          "total_debt": 18071000,
          "total_liabilities": 23122000,
          "total_equity": 17961000,
          "shares_outstanding": 3435816,
          "goodwill_and_intangibles": 31229000
        },
        "cash_flow": {
          "operating_cash_flow": -7023000,
          "capital_expenditure": 10000,
          "free_cash_flow": -7013000,
          "dividends_paid": null,
          "share_repurchases": -204000,
          "shares_issued": 1965000,
          "net_debt_issued": 4920000
        }
      },
      {
        "period_end_date": "2024-12-31",
        "period_type": "annual",
        "fiscal_year": 2024,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 8259000,
          "cost_of_revenue": 445000,
          "gross_profit": 7814000,
          "ebit": -21696000,
          "ebitda": -16749000,
          "pretax_income": -22340000,
          "tax_provision": 220000,
          "net_income": -22395000,
          "net_income_to_common": -22395000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1254000,
          "total_current_assets": 4043000,
          "total_assets": 53756000,
          "short_term_debt": 1513000,
          "long_term_debt": 6569000,
          "total_debt": 13379000,
          "total_liabilities": 25358000,
          "total_equity": 30424000,
          "shares_outstanding": 2275332,
          "goodwill_and_intangibles": 34759000
        },
        "cash_flow": {
          "operating_cash_flow": -4716000,
          "capital_expenditure": 112000,
          "free_cash_flow": -4604000,
          "dividends_paid": null,
          "share_repurchases": -107000,
          "shares_issued": 1902000,
          "net_debt_issued": 2950000
        }
      }
    ],
    "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": 1144000,
          "cost_of_revenue": 893000,
          "gross_profit": 251000,
          "ebit": -1884000,
          "ebitda": -991000,
          "pretax_income": -2477000,
          "tax_provision": 12000,
          "net_income": -2489000,
          "net_income_to_common": -2489000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 179000,
          "total_current_assets": 4494000,
          "total_assets": 36418000,
          "short_term_debt": 4468000,
          "long_term_debt": 9840000,
          "total_debt": 17546000,
          "total_liabilities": 23237000,
          "total_equity": 15318000,
          "shares_outstanding": 5903599,
          "goodwill_and_intangibles": 27747000
        },
        "cash_flow": {
          "operating_cash_flow": -877000,
          "capital_expenditure": 0,
          "free_cash_flow": -877000,
          "dividends_paid": null,
          "share_repurchases": -46000,
          "shares_issued": null,
          "net_debt_issued": -500000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 1144000,
          "cost_of_revenue": 893000,
          "gross_profit": 251000,
          "ebit": -1884000,
          "ebitda": -991000,
          "pretax_income": -2477000,
          "tax_provision": 12000,
          "net_income": -2489000,
          "net_income_to_common": -2489000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 179000,
          "total_current_assets": 4494000,
          "total_assets": 36418000,
          "short_term_debt": 4468000,
          "long_term_debt": 9840000,
          "total_debt": 17546000,
          "total_liabilities": 23237000,
          "total_equity": 15318000,
          "shares_outstanding": 5903599,
          "goodwill_and_intangibles": 27747000
        },
        "cash_flow": {
          "operating_cash_flow": -877000,
          "capital_expenditure": 0,
          "free_cash_flow": -877000,
          "dividends_paid": null,
          "share_repurchases": -46000,
          "shares_issued": null,
          "net_debt_issued": -500000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 1144000,
          "cost_of_revenue": 893000,
          "gross_profit": 251000,
          "ebit": -1884000,
          "ebitda": -991000,
          "pretax_income": -2477000,
          "tax_provision": 12000,
          "net_income": -2489000,
          "net_income_to_common": -2489000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 179000,
          "total_current_assets": 4494000,
          "total_assets": 36418000,
          "short_term_debt": 4468000,
          "long_term_debt": 9840000,
          "total_debt": 17546000,
          "total_liabilities": 23237000,
          "total_equity": 15318000,
          "shares_outstanding": 5903599,
          "goodwill_and_intangibles": 27747000
        },
        "cash_flow": {
          "operating_cash_flow": -877000,
          "capital_expenditure": 0,
          "free_cash_flow": -877000,
          "dividends_paid": null,
          "share_repurchases": -46000,
          "shares_issued": null,
          "net_debt_issued": -500000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 1144000,
          "cost_of_revenue": 893000,
          "gross_profit": 251000,
          "ebit": -1823000,
          "ebitda": -930000,
          "pretax_income": -2477000,
          "tax_provision": 12000,
          "net_income": -2489000,
          "net_income_to_common": -2489000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 179000,
          "total_current_assets": 4494000,
          "total_assets": 36418000,
          "short_term_debt": 4468000,
          "long_term_debt": 9840000,
          "total_debt": 17546000,
          "total_liabilities": 23237000,
          "total_equity": 15318000,
          "shares_outstanding": 5903599,
          "goodwill_and_intangibles": 27747000
        },
        "cash_flow": {
          "operating_cash_flow": -877000,
          "capital_expenditure": 0,
          "free_cash_flow": -877000,
          "dividends_paid": null,
          "share_repurchases": -46000,
          "shares_issued": null,
          "net_debt_issued": -500000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 1144000,
          "cost_of_revenue": 893000,
          "gross_profit": 251000,
          "ebit": -1823000,
          "ebitda": -930000,
          "pretax_income": -2477000,
          "tax_provision": 12000,
          "net_income": -2489000,
          "net_income_to_common": -2489000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 179000,
          "total_current_assets": 4494000,
          "total_assets": 36418000,
          "short_term_debt": 4468000,
          "long_term_debt": 9840000,
          "total_debt": 17546000,
          "total_liabilities": 23237000,
          "total_equity": 15318000,
          "shares_outstanding": 5903599,
          "goodwill_and_intangibles": 27747000
        },
        "cash_flow": {
          "operating_cash_flow": -877000,
          "capital_expenditure": 0,
          "free_cash_flow": -877000,
          "dividends_paid": null,
          "share_repurchases": -46000,
          "shares_issued": null,
          "net_debt_issued": -500000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 1144000,
          "cost_of_revenue": 893000,
          "gross_profit": 251000,
          "ebit": -1823000,
          "ebitda": -930000,
          "pretax_income": -2477000,
          "tax_provision": 12000,
          "net_income": -2489000,
          "net_income_to_common": -2489000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 179000,
          "total_current_assets": 4494000,
          "total_assets": 36418000,
          "short_term_debt": 4468000,
          "long_term_debt": 9840000,
          "total_debt": 17546000,
          "total_liabilities": 23237000,
          "total_equity": 15318000,
          "shares_outstanding": 5903599,
          "goodwill_and_intangibles": 27747000
        },
        "cash_flow": {
          "operating_cash_flow": -877000,
          "capital_expenditure": 0,
          "free_cash_flow": -877000,
          "dividends_paid": null,
          "share_repurchases": -46000,
          "shares_issued": null,
          "net_debt_issued": -500000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 1144000,
          "cost_of_revenue": 893000,
          "gross_profit": 251000,
          "ebit": -1823000,
          "ebitda": -930000,
          "pretax_income": -2477000,
          "tax_provision": 12000,
          "net_income": -2489000,
          "net_income_to_common": -2489000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 179000,
          "total_current_assets": 4494000,
          "total_assets": 36418000,
          "short_term_debt": 4468000,
          "long_term_debt": 9840000,
          "total_debt": 17546000,
          "total_liabilities": 23237000,
          "total_equity": 15318000,
          "shares_outstanding": 5903599,
          "goodwill_and_intangibles": 27747000
        },
        "cash_flow": {
          "operating_cash_flow": -877000,
          "capital_expenditure": 0,
          "free_cash_flow": -877000,
          "dividends_paid": null,
          "share_repurchases": -46000,
          "shares_issued": null,
          "net_debt_issued": -500000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 1168000,
          "cost_of_revenue": 898000,
          "gross_profit": 270000,
          "ebit": -1948000,
          "ebitda": -1050000,
          "pretax_income": -2795000,
          "tax_provision": null,
          "net_income": -2777000,
          "net_income_to_common": -2777000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1150000,
          "total_current_assets": 3670000,
          "total_assets": 38946000,
          "short_term_debt": 4937000,
          "long_term_debt": 9456000,
          "total_debt": 18071000,
          "total_liabilities": 23122000,
          "total_equity": 17961000,
          "shares_outstanding": 5012739,
          "goodwill_and_intangibles": 31229000
        },
        "cash_flow": {
          "operating_cash_flow": -1827000,
          "capital_expenditure": 0,
          "free_cash_flow": -1827000,
          "dividends_paid": null,
          "share_repurchases": -82000,
          "shares_issued": 0,
          "net_debt_issued": -250000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 1168000,
          "cost_of_revenue": 898000,
          "gross_profit": 270000,
          "ebit": -1948000,
          "ebitda": -1050000,
          "pretax_income": -2795000,
          "tax_provision": null,
          "net_income": -2777000,
          "net_income_to_common": -2777000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1150000,
          "total_current_assets": 3670000,
          "total_assets": 38946000,
          "short_term_debt": 4937000,
          "long_term_debt": 9456000,
          "total_debt": 18071000,
          "total_liabilities": 23122000,
          "total_equity": 17961000,
          "shares_outstanding": 5012739,
          "goodwill_and_intangibles": 31229000
        },
        "cash_flow": {
          "operating_cash_flow": -1827000,
          "capital_expenditure": 0,
          "free_cash_flow": -1827000,
          "dividends_paid": null,
          "share_repurchases": -82000,
          "shares_issued": 0,
          "net_debt_issued": -250000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 1168000,
          "cost_of_revenue": 898000,
          "gross_profit": 270000,
          "ebit": -1948000,
          "ebitda": -1050000,
          "pretax_income": -2795000,
          "tax_provision": null,
          "net_income": -2777000,
          "net_income_to_common": -2777000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1150000,
          "total_current_assets": 3670000,
          "total_assets": 38946000,
          "short_term_debt": 4937000,
          "long_term_debt": 9456000,
          "total_debt": 18071000,
          "total_liabilities": 23122000,
          "total_equity": 17961000,
          "shares_outstanding": 5012739,
          "goodwill_and_intangibles": 31229000
        },
        "cash_flow": {
          "operating_cash_flow": -1827000,
          "capital_expenditure": 0,
          "free_cash_flow": -1827000,
          "dividends_paid": null,
          "share_repurchases": -82000,
          "shares_issued": 0,
          "net_debt_issued": -250000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 1168000,
          "cost_of_revenue": 898000,
          "gross_profit": 270000,
          "ebit": -1948000,
          "ebitda": -1050000,
          "pretax_income": -2795000,
          "tax_provision": null,
          "net_income": -2777000,
          "net_income_to_common": -2777000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1150000,
          "total_current_assets": 3670000,
          "total_assets": 38946000,
          "short_term_debt": 4937000,
          "long_term_debt": 9456000,
          "total_debt": 18071000,
          "total_liabilities": 23122000,
          "total_equity": 17961000,
          "shares_outstanding": 5012739,
          "goodwill_and_intangibles": 31229000
        },
        "cash_flow": {
          "operating_cash_flow": -1827000,
          "capital_expenditure": 0,
          "free_cash_flow": -1827000,
          "dividends_paid": null,
          "share_repurchases": -82000,
          "shares_issued": 0,
          "net_debt_issued": -250000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 1168000,
          "cost_of_revenue": 898000,
          "gross_profit": 270000,
          "ebit": -1948000,
          "ebitda": -1050000,
          "pretax_income": -2795000,
          "tax_provision": null,
          "net_income": -2777000,
          "net_income_to_common": -2777000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1150000,
          "total_current_assets": 3670000,
          "total_assets": 38946000,
          "short_term_debt": 4937000,
          "long_term_debt": 9456000,
          "total_debt": 18071000,
          "total_liabilities": 23122000,
          "total_equity": 17961000,
          "shares_outstanding": 5012739,
          "goodwill_and_intangibles": 31229000
        },
        "cash_flow": {
          "operating_cash_flow": -1827000,
          "capital_expenditure": 0,
          "free_cash_flow": -1827000,
          "dividends_paid": null,
          "share_repurchases": -82000,
          "shares_issued": 0,
          "net_debt_issued": -250000
        }
      }
    ]
  },
  "strategy_matches": [
    {
      "key": "sector_relative",
      "name": "Cheapest in Sector",
      "slug": "sector-relative",
      "group": "value",
      "page_url": "/factors/sector-relative/"
    },
    {
      "key": "capital_allocators",
      "name": "Capital Allocators",
      "slug": "capital-allocators",
      "group": "quality",
      "page_url": "/factors/capital-allocators/"
    },
    {
      "key": "risk_adj_momentum",
      "name": "Risk-Adjusted Momentum",
      "slug": "risk-adj-momentum",
      "group": "momentum",
      "page_url": "/factors/risk-adj-momentum/"
    },
    {
      "key": "shareholder_yield",
      "name": "Shareholder Yield",
      "slug": "shareholder-yield",
      "group": "income",
      "page_url": "/factors/shareholder-yield/"
    }
  ],
  "coverage": {
    "factor_history_points": 8,
    "annual_financial_periods": 8,
    "quarterly_financial_periods": 12,
    "latest_factor_week": "2026-07-26",
    "latest_financials_period_end": "2026-03-31"
  },
  "schema": {
    "public_fields_only": true
  }
}