SPWR: financial statements from SEC

Income statement

Metric	Mar 31, 2026	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Sep 30, 2024	Jun 30, 2024
Revenue	73m	70m	68m	83m	6m	4m
Cost of revenue	28m	38m	39m	43m	9m	5m
Gross profit	45m	32m	29m	40m	−3m	−892,000
Selling, general and administrative	30m	21m	16m	25m	18m	6m
Operating expenses	64m	35m	31m	39m	27m	9m
Operating income	−19m	−3m	−3m	1m	−30m	−9m
Pre-tax income	5m	−16m	−22m	8m	−78m	−14m
Income tax	−608,000	—	—	—	—	10,000
Net income	5m	−17m	−22m	8m	−78m	−16m
Earnings per share	0.04	−0.19	−0.28	0.10	−1.03	−0.26
Earnings per share, diluted	0.00	−0.19	−0.28	0.00	−1.03	−0.26
Weighted average shares	124m	85m	81m	80m	75m	61m
Weighted average shares, diluted	164m	85m	81m	162m	75m	61m

Metric	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Cash and equivalents	9m	10m	5m	11m	11m	13m	83m	6m
Receivables	—	—	81m	39m	29m	52m	8m	13m
Inventory	4m	4m	9m	5m	11m	22m	607,000	2m
Current assets	122m	113m	115m	116m	101m	96m	102m	24m
Property, plant and equipment	5m	5m	4m	4m	5m	5m	590,000	4m
Goodwill	76m	63m	43m	20m	18m	18m	—	—
Total assets	262m	241m	208m	163m	148m	144m	108m	33m
Current liabilities	172m	155m	115m	101m	85m	79m	42m	113m
Short-term debt	—	—	—	—	2m	—	—	—
Total liabilities	324m	331m	321m	270m	237m	242m	251m	125m
Equity	−61m	−90m	−112m	−107m	−89m	−98m	−143m	−92m
Shares outstanding	120m	111m	89m	82m	80m	74m	73m	63m
Shares issued	120m	111m	89m	82m	80m	74m	73m	63m

Metric	Mar 31, 2026	Sep 30, 2025	Mar 31, 2025
Operating cash flow	−26m	—	−3m
Depreciation and amortisation	4m	600,000	2m
Share-based compensation	2m	—	314,000
Investing cash flow	553,000	—	—
Financing cash flow	22m	—	−198,000