{
  "ticker": {
    "uuid": "d3b1ae73-4228-442f-8b81-ad34b5f0bb9b",
    "symbol": "PHUN",
    "name": "Phunware Inc",
    "exchange": "NASDAQ",
    "exchange_name": "NASDAQ",
    "country": "US",
    "currency": "USD",
    "sector": "Technology",
    "industry": "Software - Application",
    "page_url": "https://sharemaestro.com/factors/ticker/d3b1ae73-4228-442f-8b81-ad34b5f0bb9b/",
    "api_url": "https://sharemaestro.com/factors/api/tickers/d3b1ae73-4228-442f-8b81-ad34b5f0bb9b/"
  },
  "latest_snapshot": {
    "ticker": {
      "uuid": "d3b1ae73-4228-442f-8b81-ad34b5f0bb9b",
      "symbol": "PHUN",
      "name": "Phunware Inc",
      "exchange": "NASDAQ",
      "exchange_name": "NASDAQ",
      "country": "US",
      "currency": "USD",
      "sector": "Technology",
      "industry": "Software - Application",
      "page_url": "https://sharemaestro.com/factors/ticker/d3b1ae73-4228-442f-8b81-ad34b5f0bb9b/",
      "api_url": "https://sharemaestro.com/factors/api/tickers/d3b1ae73-4228-442f-8b81-ad34b5f0bb9b/"
    },
    "week_end_date": "2026-07-19",
    "universe": "USD_US",
    "score": {
      "os": 0.43,
      "value": 0.46,
      "quality": 0.44,
      "momentum": 0.45,
      "coverage": 0.788,
      "confidence": 0.764,
      "delta": 25
    },
    "headline_factors": {
      "price": 2.14,
      "market_cap": 43757476.66,
      "pe_ratio": null,
      "earnings_yield": null,
      "ebitda_to_ev": null,
      "shareholder_yield": 0,
      "roe": -0.117,
      "piotroski_f_score": 2,
      "momentum_12_1": -0.4259,
      "volatility_252d": 0.4433
    },
    "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": true
    },
    "factor_groups": {
      "valuation": {
        "pe_ratio": null,
        "ev_ebitda": null,
        "earnings_yield": null,
        "fcf_yield": -0.1357,
        "shareholder_yield": 0
      },
      "quality": {
        "roe": -0.117,
        "roic": null,
        "gross_margin": 0.5467,
        "fcf_margin": -2.4661,
        "piotroski_f_score": 2
      },
      "growth": {
        "revenue_growth_1y": -0.1857,
        "eps_growth_1y": null,
        "fcf_growth_1y": null
      },
      "momentum": {
        "price_return_12m": -0.3602,
        "momentum_12_1": -0.4259,
        "relative_strength": -0.5562
      },
      "scores": {
        "value_percentile": 0.46,
        "quality_percentile": 0.44,
        "momentum_percentile": 0.45,
        "growth_composite": 55,
        "yield_composite": 54,
        "overall_composite": 57,
        "os_score": 0.43,
        "factor_coverage": 0.788,
        "signal_confidence": 0.764
      }
    }
  },
  "factor_history": [
    {
      "week_end_date": "2026-06-07",
      "price": 1.97,
      "os": 0.55,
      "value": 0.51,
      "quality": 0.5,
      "momentum": 0.51,
      "confidence": 0.788,
      "coverage": 0.788,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": 0,
      "roe": -0.117,
      "momentum_12_1": -0.3774
    },
    {
      "week_end_date": "2026-06-14",
      "price": 1.93,
      "os": 0.53,
      "value": 0.5,
      "quality": 0.49,
      "momentum": 0.5,
      "confidence": 0.788,
      "coverage": 0.788,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": 0,
      "roe": -0.117,
      "momentum_12_1": -0.3242
    },
    {
      "week_end_date": "2026-06-21",
      "price": 1.92,
      "os": 0.54,
      "value": 0.51,
      "quality": 0.49,
      "momentum": 0.5,
      "confidence": 0.788,
      "coverage": 0.788,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": 0,
      "roe": -0.117,
      "momentum_12_1": -0.3138
    },
    {
      "week_end_date": "2026-06-28",
      "price": 1.92,
      "os": 0.66,
      "value": 0.57,
      "quality": 0.55,
      "momentum": 0.56,
      "confidence": 0.788,
      "coverage": 0.788,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": 0,
      "roe": -0.117,
      "momentum_12_1": -0.3271
    },
    {
      "week_end_date": "2026-07-05",
      "price": 2.04,
      "os": 0.67,
      "value": 0.57,
      "quality": 0.56,
      "momentum": 0.57,
      "confidence": 0.781,
      "coverage": 0.788,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": 0,
      "roe": -0.117,
      "momentum_12_1": -0.4144
    },
    {
      "week_end_date": "2026-07-12",
      "price": 2.11,
      "os": 0.68,
      "value": 0.57,
      "quality": 0.56,
      "momentum": 0.59,
      "confidence": 0.772,
      "coverage": 0.788,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": 0,
      "roe": -0.117,
      "momentum_12_1": -0.3928
    },
    {
      "week_end_date": "2026-07-19",
      "price": 2.14,
      "os": 0.43,
      "value": 0.46,
      "quality": 0.44,
      "momentum": 0.45,
      "confidence": 0.764,
      "coverage": 0.788,
      "pe_ratio": null,
      "earnings_yield": null,
      "shareholder_yield": 0,
      "roe": -0.117,
      "momentum_12_1": -0.4259
    }
  ],
  "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": 2553000,
          "cost_of_revenue": 1262000,
          "gross_profit": 1291000,
          "ebit": -11350000,
          "ebitda": -11337000,
          "pretax_income": -11382000,
          "tax_provision": 19000,
          "net_income": -11401000,
          "net_income_to_common": -11401000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 100587000,
          "total_current_assets": 120147000,
          "total_assets": 120868000,
          "short_term_debt": 342000,
          "long_term_debt": 277000,
          "total_debt": 619000,
          "total_liabilities": 24551000,
          "total_equity": 96317000,
          "shares_outstanding": 20177806,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -12467000,
          "capital_expenditure": 0,
          "free_cash_flow": -12467000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 80000,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 2553000,
          "cost_of_revenue": 1262000,
          "gross_profit": 1291000,
          "ebit": -11350000,
          "ebitda": -11337000,
          "pretax_income": -11382000,
          "tax_provision": 19000,
          "net_income": -11401000,
          "net_income_to_common": -11401000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 100587000,
          "total_current_assets": 120147000,
          "total_assets": 120868000,
          "short_term_debt": 342000,
          "long_term_debt": 277000,
          "total_debt": 619000,
          "total_liabilities": 24551000,
          "total_equity": 96317000,
          "shares_outstanding": 20177806,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -12467000,
          "capital_expenditure": 0,
          "free_cash_flow": -12467000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 80000,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 2553000,
          "cost_of_revenue": 1262000,
          "gross_profit": 1291000,
          "ebit": -11350000,
          "ebitda": -11337000,
          "pretax_income": -11382000,
          "tax_provision": 19000,
          "net_income": -11401000,
          "net_income_to_common": -11401000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 100587000,
          "total_current_assets": 120147000,
          "total_assets": 120868000,
          "short_term_debt": 342000,
          "long_term_debt": 277000,
          "total_debt": 619000,
          "total_liabilities": 24551000,
          "total_equity": 96317000,
          "shares_outstanding": 20177806,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -12467000,
          "capital_expenditure": 0,
          "free_cash_flow": -12467000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 80000,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 2553000,
          "cost_of_revenue": 1262000,
          "gross_profit": 1291000,
          "ebit": -11350000,
          "ebitda": -11337000,
          "pretax_income": -11382000,
          "tax_provision": 19000,
          "net_income": -11401000,
          "net_income_to_common": -11401000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 100587000,
          "total_current_assets": 120147000,
          "total_assets": 120868000,
          "short_term_debt": 342000,
          "long_term_debt": 277000,
          "total_debt": 619000,
          "total_liabilities": 24551000,
          "total_equity": 96317000,
          "shares_outstanding": 20177806,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -12467000,
          "capital_expenditure": 0,
          "free_cash_flow": -12467000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 80000,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 2553000,
          "cost_of_revenue": 1262000,
          "gross_profit": 1291000,
          "ebit": -11350000,
          "ebitda": -11337000,
          "pretax_income": -11382000,
          "tax_provision": 19000,
          "net_income": -11401000,
          "net_income_to_common": -11401000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 100587000,
          "total_current_assets": 120147000,
          "total_assets": 120868000,
          "short_term_debt": 342000,
          "long_term_debt": 277000,
          "total_debt": 619000,
          "total_liabilities": 24551000,
          "total_equity": 96317000,
          "shares_outstanding": 20177806,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -12467000,
          "capital_expenditure": 0,
          "free_cash_flow": -12467000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 80000,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 2553000,
          "cost_of_revenue": 1262000,
          "gross_profit": 1291000,
          "ebit": -20532000,
          "ebitda": -20519000,
          "pretax_income": -11382000,
          "tax_provision": 19000,
          "net_income": -11401000,
          "net_income_to_common": -11401000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 100587000,
          "total_current_assets": 120147000,
          "total_assets": 120868000,
          "short_term_debt": 342000,
          "long_term_debt": 277000,
          "total_debt": 619000,
          "total_liabilities": 24551000,
          "total_equity": 96317000,
          "shares_outstanding": 20177806,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -12467000,
          "capital_expenditure": 0,
          "free_cash_flow": -12467000,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 80000,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2024-12-31",
        "period_type": "annual",
        "fiscal_year": 2024,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 3189000,
          "cost_of_revenue": 1735000,
          "gross_profit": 1454000,
          "ebit": -10140000,
          "ebitda": -10124000,
          "pretax_income": -10275000,
          "tax_provision": 41000,
          "net_income": -10316000,
          "net_income_to_common": -10316000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 112974000,
          "total_current_assets": 113759000,
          "total_assets": 114781000,
          "short_term_debt": 313000,
          "long_term_debt": 619000,
          "total_debt": 932000,
          "total_liabilities": 7598000,
          "total_equity": 107183000,
          "shares_outstanding": 10972163,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -13302000,
          "capital_expenditure": 0,
          "free_cash_flow": -13302000,
          "dividends_paid": null,
          "share_repurchases": 0,
          "shares_issued": 122342000,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2024-12-31",
        "period_type": "annual",
        "fiscal_year": 2024,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 3189000,
          "cost_of_revenue": 1735000,
          "gross_profit": 1454000,
          "ebit": -10140000,
          "ebitda": -10124000,
          "pretax_income": -10275000,
          "tax_provision": 41000,
          "net_income": -10316000,
          "net_income_to_common": -10316000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 112974000,
          "total_current_assets": 113759000,
          "total_assets": 114781000,
          "short_term_debt": 313000,
          "long_term_debt": 619000,
          "total_debt": 932000,
          "total_liabilities": 7598000,
          "total_equity": 107183000,
          "shares_outstanding": 10972163,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -13302000,
          "capital_expenditure": 0,
          "free_cash_flow": -13302000,
          "dividends_paid": null,
          "share_repurchases": 0,
          "shares_issued": 122342000,
          "net_debt_issued": null
        }
      }
    ],
    "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": 542000,
          "cost_of_revenue": 158000,
          "gross_profit": 384000,
          "ebit": -3184999,
          "ebitda": -3183000,
          "pretax_income": -3194000,
          "tax_provision": null,
          "net_income": -3194000,
          "net_income_to_common": -3194000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 97860000,
          "total_current_assets": 99082000,
          "total_assets": 99726000,
          "short_term_debt": 350000,
          "long_term_debt": 187000,
          "total_debt": 537000,
          "total_liabilities": 6491000,
          "total_equity": 93235000,
          "shares_outstanding": 20188210,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -2726999,
          "capital_expenditure": 2726999,
          "free_cash_flow": 0,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 542000,
          "cost_of_revenue": 158000,
          "gross_profit": 384000,
          "ebit": -3184999,
          "ebitda": -3183000,
          "pretax_income": -3194000,
          "tax_provision": null,
          "net_income": -3194000,
          "net_income_to_common": -3194000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 97860000,
          "total_current_assets": 99082000,
          "total_assets": 99726000,
          "short_term_debt": 350000,
          "long_term_debt": 187000,
          "total_debt": 537000,
          "total_liabilities": 6491000,
          "total_equity": 93235000,
          "shares_outstanding": 20188210,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -2726999,
          "capital_expenditure": 2726999,
          "free_cash_flow": 0,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 542000,
          "cost_of_revenue": 158000,
          "gross_profit": 384000,
          "ebit": -3184999,
          "ebitda": -3183000,
          "pretax_income": -3194000,
          "tax_provision": null,
          "net_income": -3194000,
          "net_income_to_common": -3194000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 97860000,
          "total_current_assets": 99082000,
          "total_assets": 99726000,
          "short_term_debt": 350000,
          "long_term_debt": 187000,
          "total_debt": 537000,
          "total_liabilities": 6491000,
          "total_equity": 93235000,
          "shares_outstanding": 20188210,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -2726999,
          "capital_expenditure": 2726999,
          "free_cash_flow": 0,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 542000,
          "cost_of_revenue": 158000,
          "gross_profit": 384000,
          "ebit": -3184999,
          "ebitda": -3183000,
          "pretax_income": -3194000,
          "tax_provision": null,
          "net_income": -3194000,
          "net_income_to_common": -3194000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 97860000,
          "total_current_assets": 99082000,
          "total_assets": 99726000,
          "short_term_debt": 350000,
          "long_term_debt": 187000,
          "total_debt": 537000,
          "total_liabilities": 6491000,
          "total_equity": 93235000,
          "shares_outstanding": 20188210,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -2726999,
          "capital_expenditure": 2726999,
          "free_cash_flow": 0,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 542000,
          "cost_of_revenue": 158000,
          "gross_profit": 384000,
          "ebit": -3184999,
          "ebitda": -3183000,
          "pretax_income": -3194000,
          "tax_provision": null,
          "net_income": -3194000,
          "net_income_to_common": -3194000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 97860000,
          "total_current_assets": 99082000,
          "total_assets": 99726000,
          "short_term_debt": 350000,
          "long_term_debt": 187000,
          "total_debt": 537000,
          "total_liabilities": 6491000,
          "total_equity": 93235000,
          "shares_outstanding": 20188210,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -2726999,
          "capital_expenditure": 2726999,
          "free_cash_flow": 0,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 542000,
          "cost_of_revenue": 158000,
          "gross_profit": 384000,
          "ebit": -4023999,
          "ebitda": -4022000,
          "pretax_income": -3194000,
          "tax_provision": null,
          "net_income": -3194000,
          "net_income_to_common": -3194000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 97860000,
          "total_current_assets": 99082000,
          "total_assets": 99726000,
          "short_term_debt": 350000,
          "long_term_debt": 187000,
          "total_debt": 537000,
          "total_liabilities": 6491000,
          "total_equity": 93235000,
          "shares_outstanding": 20188210,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -2726999,
          "capital_expenditure": 2726999,
          "free_cash_flow": 0,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 788000,
          "cost_of_revenue": 333000,
          "gross_profit": 455000,
          "ebit": -2135000,
          "ebitda": -2133000,
          "pretax_income": -2144000,
          "tax_provision": 19000,
          "net_income": -2163000,
          "net_income_to_common": -2163000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 100587000,
          "total_current_assets": 120147000,
          "total_assets": 120868000,
          "short_term_debt": 342000,
          "long_term_debt": 277000,
          "total_debt": 619000,
          "total_liabilities": 24551000,
          "total_equity": 96317000,
          "shares_outstanding": 20188160,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -3159348,
          "capital_expenditure": 3159348,
          "free_cash_flow": 0,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 788000,
          "cost_of_revenue": 333000,
          "gross_profit": 455000,
          "ebit": -2135000,
          "ebitda": -2133000,
          "pretax_income": -2144000,
          "tax_provision": 19000,
          "net_income": -2163000,
          "net_income_to_common": -2163000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 100587000,
          "total_current_assets": 120147000,
          "total_assets": 120868000,
          "short_term_debt": 342000,
          "long_term_debt": 277000,
          "total_debt": 619000,
          "total_liabilities": 24551000,
          "total_equity": 96317000,
          "shares_outstanding": 20188160,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -3159348,
          "capital_expenditure": 3159348,
          "free_cash_flow": 0,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 788000,
          "cost_of_revenue": 333000,
          "gross_profit": 455000,
          "ebit": -2135000,
          "ebitda": -2133000,
          "pretax_income": -2144000,
          "tax_provision": 19000,
          "net_income": -2163000,
          "net_income_to_common": -2163000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 100587000,
          "total_current_assets": 120147000,
          "total_assets": 120868000,
          "short_term_debt": 342000,
          "long_term_debt": 277000,
          "total_debt": 619000,
          "total_liabilities": 24551000,
          "total_equity": 96317000,
          "shares_outstanding": 20188160,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -3159348,
          "capital_expenditure": 3159348,
          "free_cash_flow": 0,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 788000,
          "cost_of_revenue": 333000,
          "gross_profit": 455000,
          "ebit": -2135000,
          "ebitda": -2133000,
          "pretax_income": -2144000,
          "tax_provision": 19000,
          "net_income": -2163000,
          "net_income_to_common": -2163000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 100587000,
          "total_current_assets": 120147000,
          "total_assets": 120868000,
          "short_term_debt": 342000,
          "long_term_debt": 277000,
          "total_debt": 619000,
          "total_liabilities": 24551000,
          "total_equity": 96317000,
          "shares_outstanding": 20188160,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -3159348,
          "capital_expenditure": 3159348,
          "free_cash_flow": 0,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 788000,
          "cost_of_revenue": 333000,
          "gross_profit": 455000,
          "ebit": -2135000,
          "ebitda": -2133000,
          "pretax_income": -2144000,
          "tax_provision": 19000,
          "net_income": -2163000,
          "net_income_to_common": -2163000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 100587000,
          "total_current_assets": 120147000,
          "total_assets": 120868000,
          "short_term_debt": 342000,
          "long_term_debt": 277000,
          "total_debt": 619000,
          "total_liabilities": 24551000,
          "total_equity": 96317000,
          "shares_outstanding": 20188160,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -3159348,
          "capital_expenditure": 3159348,
          "free_cash_flow": 0,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 788000,
          "cost_of_revenue": 333000,
          "gross_profit": 455000,
          "ebit": -7944999,
          "ebitda": -7942999,
          "pretax_income": -2144000,
          "tax_provision": 19000,
          "net_income": -2163000,
          "net_income_to_common": -2163000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 100587000,
          "total_current_assets": 120147000,
          "total_assets": 120868000,
          "short_term_debt": 342000,
          "long_term_debt": 277000,
          "total_debt": 619000,
          "total_liabilities": 24551000,
          "total_equity": 96317000,
          "shares_outstanding": 20188160,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": -3159348,
          "capital_expenditure": 3159348,
          "free_cash_flow": 0,
          "dividends_paid": null,
          "share_repurchases": null,
          "shares_issued": 0,
          "net_debt_issued": null
        }
      }
    ]
  },
  "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/"
    },
    {
      "key": "shareholder_yield",
      "name": "Shareholder Yield",
      "slug": "shareholder-yield",
      "group": "income",
      "page_url": "/factors/shareholder-yield/"
    }
  ],
  "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
  }
}