FBGL: financial statements from SEC

Income statement

Metric	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	26m	14m	22m	17m
Cost of revenue	23m	9m	19m	15m
Gross profit	3m	937,557	3m	2m
Research and development	674,500	—	—	—
Selling, general and administrative	4m	2m	2m	2m
Operating expenses	5m	2m	3m	2m
Operating income	−2m	−725,494	−44,750	74,499
Pre-tax income	−2m	−637,503	−33,313	210,917
Income tax	—	−35,638	−37,998	142,290
Net income	−2m	−814,366	4,685	68,627
Earnings per share	−0.11	−0.07	0.00	0.01
Earnings per share, diluted	−0.15	−0.07	0.00	0.01
Weighted average shares	13m	11m	11m	11m
Weighted average shares, diluted	13m	11m	11m	11m

Metric	Aug 19, 2026	Aug 18, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jul 31, 2022	Dec 31, 2021
Cash and equivalents	—	—	5m	3m	4m	2m	—	—
Receivables	—	—	4m	3m	4m	—	—	—
Current assets	—	—	24m	10m	13m	—	—	—
Property, plant and equipment	—	—	4m	3m	4m	—	—	—
Total assets	—	—	28m	12m	18m	—	—	—
Current liabilities	—	—	15m	11m	12m	—	—	—
Total liabilities	—	—	15m	9m	13m	—	—	—
Equity	—	—	13m	4m	5m	5m	—	3m
Shares outstanding	—	—	14m	11m	11m	—	11m	—
Shares issued	—	—	14m	11m	11m	—	11m	—

Metric	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Operating cash flow	−4m	−122,071	4m	−435,236
Depreciation and amortisation	165,636	127,758	161,711	146,709
Capital expenditure	79,043	75,139	3,257	102,241
Investing cash flow	−4m	103,243	−246,051	−102,241
Financing cash flow	11m	−2m	−895,257	−1m