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MTEKW

Maris-Tech Ltd.

MTEKW

Maris-Tech Ltd. • NASDAQ
$0.18 ▼ -5.26% (-0.01)
Market Cap $1.43 M
52w High $0.19
52w Low $0.17
Dividend Yield 0%
P/E -3.46
Volume 14.90K
Outstanding Shares 7.96M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $707.022K ▼ $2.281M ▲ $-2.388M ▼ -337.796% ▼ $-0.3 ▼ $-2.223M ▼
Q4-2024 $2.669M ▼ $282.156K ▼ $-1.366M ▼ -51.174% ▼ $-0.173 ▼ $-1.338M ▼
Q2-2024 $3.41M ▼ $1.885M ▼ $131.798K ▲ 3.865% ▲ $0.017 ▲ $86.504K ▲
Q4-2023 $3.557M ▲ $2.602M ▲ $-445.569K ▲ -12.526% ▲ $-0.057 ▲ $-413.901K ▲
Q2-2023 $473.853K $2.255M $-2.264M -477.791% $-0.29 $-2.235M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $2.77M ▲ $7.987M ▼ $4.476M ▲ $3.511M ▼
Q4-2024 $2.295M ▼ $9.82M ▼ $4.005M ▲ $5.815M ▼
Q2-2024 $3.84M ▼ $10.882M ▼ $3.781M ▼ $7.101M ▲
Q4-2023 $5.199M ▼ $11.334M ▲ $4.439M ▲ $6.894M ▼
Q2-2023 $6.861M $10.737M $3.435M $7.302M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $-2.388M ▼ $-2.58M ▼ $-16.622K ▼ $3.554M ▲ $475.222K ▲ $-1.301M ▼
Q4-2024 $-1.366M ▼ $-1.234M ▼ $3.01M ▲ $-296.716K ▼ $-856.762K ▼ $-1.251M ▼
Q2-2024 $131.798K ▲ $-985.092K ▲ $-48.612K ▼ $-192.72K ▼ $-613.212K ▼ $-1.16M ▲
Q4-2023 $-445.569K ▲ $-1.62M ▲ $1.891M ▼ $0 ▲ $270.463K ▼ $-1.638M ▲
Q2-2023 $-2.264M $-2.251M $3.927M $-119.536K $1.779M $-2.324M

Five-Year Company Overview

Income Statement

Income Statement Maris-Tech looks like a very early-stage commercial story. Reported revenue is minimal, and the company has been consistently unprofitable since before its listing. Losses per share have been getting larger over time, which suggests rising costs (such as R&D, sales, and overhead) without a matching ramp in sales yet. In simple terms, this is a company still in the “building and investing” phase rather than the “scaling and harvesting profits” phase.

Balance Sheet

Balance Sheet The balance sheet appears very small in scale, with modest assets and shareholder equity and effectively no reported debt. That means financial leverage risk is low, but it also hints at limited resources to fund long development cycles and commercialization on its own. The company may need to rely on future capital raises, partnerships, or contracts to support growth and ongoing investment, because it does not appear to have a large buffer to absorb extended periods of losses.

Cash Flow

Cash Flow Operating cash flow has been essentially flat and not meaningfully positive, and free cash flow is slightly negative. This pattern is typical for a company that is investing in technology and products but has not yet converted that effort into strong, recurring cash inflows. The key risk is that, without a clear move toward stronger cash generation, the business could remain dependent on outside funding. The opportunity is that, if its niche products gain traction, the shift from cash consumption to cash generation could be quite sharp, but the timing and scale of that are highly uncertain.

Competitive Edge

Competitive Edge Maris-Tech is positioned in a specialized corner of the defense and aerospace technology world, focused on intelligent video and edge AI computing for mission-critical uses like drones, unmanned vehicles, and armored platforms. Its edge comes from building very small, power-efficient, low-latency systems that can survive harsh environments. It competes against much larger defense and electronics players, but tries to differentiate through specialization, customization, and strong relationships with defense-industry customers. Its narrow focus, Israeli defense ecosystem ties, and repeat orders suggest some early traction, yet its small size makes it vulnerable to shifts in defense budgets, project delays, and competitive responses from bigger firms.

Innovation and R&D

Innovation and R&D Innovation is clearly the center of the strategy. Maris-Tech develops its own edge-computing boards and systems with integrated AI, optimized for size, weight, power use, and real-time performance. Product lines like Jupiter, Mercury, Mars, Neptune, and platforms such as Opal, Diamond Ultra, Garnet, and Peridot show an expanding portfolio tailored to drones, vehicles, and surveillance systems. The company is also exploring more forward-looking areas such as quantum-based navigation through partnerships, and collaborating with autonomous-drone software providers. This heavy R&D and partnership activity could create a differentiated technology stack and protectable know-how, but it also adds cost and execution risk if commercial uptake is slower than expected.

Summary

Maris-Tech is a tiny, early-stage defense-tech hardware and edge AI company with promising technology and a clear niche but very limited current scale. Financially, it is loss-making, with minimal revenue and modest assets, but no meaningful debt. Strategically, it is betting on specialized, rugged, low-power AI video systems for defense, aerospace, and unmanned platforms, backed by strong innovation efforts and collaborations. The core tension is straightforward: strong technical story and niche positioning on one side, versus small size, ongoing losses, and dependence on successfully converting R&D and pilots into sustainable, larger-scale contracts on the other. How the company manages that transition from development to durable, cash-generating business will largely determine its long-term outcome.