Logo

OPTXW

Syntec Optics Holdings, Inc.

OPTXW

Syntec Optics Holdings, Inc. • NASDAQ
$0.17 ▼ -5.50% (-0.01)
Market Cap $6.27 M
52w High $0.29
52w Low $0.15
Dividend Yield 0%
P/E 0
Volume 2.47K
Outstanding Shares 36.86M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $6.95M ▲ $2.073M ▲ $-1.429M ▼ -20.562% ▼ $-0.04 ▼ $-568.202K ▼
Q2-2025 $6.559M ▼ $1.744M ▼ $-343.921K ▼ -5.243% ▼ $-0.01 ▼ $530.373K ▼
Q1-2025 $7.069M ▼ $1.78M ▼ $323.665K ▲ 4.579% ▲ $0.009 ▲ $1.239M ▲
Q4-2024 $7.322M ▼ $2.421M ▲ $-1.539M ▼ -21.021% ▼ $-0.044 ▼ $-791.364K ▼
Q3-2024 $7.866M $1.727M $-13.289K -0.169% $-0 $843.633K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $577.924K ▲ $24.576M ▼ $14.766M ▲ $9.81M ▼
Q2-2025 $287.085K ▼ $25.295M ▼ $14.281M ▼ $11.014M ▼
Q1-2025 $540.904K ▼ $26.296M ▼ $14.939M ▼ $11.358M ▲
Q4-2024 $598.787K ▲ $27.956M ▲ $16.922M ▲ $11.034M ▼
Q3-2024 $476.784K $27.312M $15.189M $12.123M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-1.429M ▼ $535.288K ▲ $-39.036K ▲ $-205.413K ▼ $290.839K ▲ $496.25K ▲
Q2-2025 $-343.921K ▼ $-158.049K ▼ $-390.041K ▼ $294.271K ▲ $-253.819K ▼ $-548.09K ▼
Q1-2025 $323.665K ▲ $299.29K ▼ $-214.731K ▲ $-142.442K ▼ $-57.883K ▼ $84.56K ▲
Q4-2024 $-1.539M ▼ $623.768K ▲ $-611.637K ▼ $109.872K ▲ $122.003K ▲ $12.13K ▼
Q3-2024 $-13.289K $417.285K $-373.462K $-397.518K $-353.695K $43.82K

Revenue by Products

Product Q1-2025Q2-2025
Products
Products
 $10.00M ▲$10.00M ▲

Five-Year Company Overview

Income Statement

Income Statement The income statement shows a very small business with flat sales and only a thin layer of gross profit. Earnings swing between small profits and small losses, suggesting the company is still in a development or early scale-up phase rather than in a mature, profit-driven stage. There is no visible top-line growth yet, and reported earnings look sensitive to one‑off items and timing of projects, which makes near‑term profitability uncertain.

Balance Sheet

Balance Sheet The balance sheet is modest in size and much smaller than it was a few years ago, which points to a lean, somewhat compressed financial base. Assets and equity declined sharply from earlier levels and have since stabilized, while a noticeable portion of the capital structure now comes from debt. The very thin cash position implies limited buffer against shocks and a likely need to rely on outside funding if growth or investment ramps up.

Cash Flow

Cash Flow Cash flows from operations appear to hover around break‑even, with no clear pattern of sustained cash generation. Free cash flow is similarly flat, helped by low capital spending, which may reflect either an asset‑light model or constrained investment capacity. Overall, the company does not yet show the healthy, recurring cash surplus that would make it financially self‑funding, so its ability to support expansion internally is still unproven.

Competitive Edge

Competitive Edge Commercially, Syntec Optics sits in a specialized niche of optics and photonics, with strength in custom, high‑precision components rather than commodity parts. Its vertically integrated model, in‑house precision machining, and experience in polymer optics support a “one‑stop” value proposition for demanding customers in medical, defense, space, and advanced consumer applications. Long relationships with blue‑chip clients and a base in an established optics hub further reinforce this position. The flip side is that the company remains small relative to global players and likely faces customer concentration, project timing, and pricing pressures typical of specialized, project‑driven businesses.

Innovation and R&D

Innovation and R&D Innovation is clearly the core of the story. The company emphasizes proprietary diamond‑turning processes, advanced polymer optics, and emerging technologies like direct‑to‑eye projection for AR/VR, optics for low‑earth‑orbit satellites, data center interconnects, and even commercial fusion energy systems. This gives it exposure to several high‑growth, high‑uncertainty markets. Continued R&D and possible acquisitions are central to its strategy, which offers upside if these technologies scale but also introduces execution risk and longer timeframes before investments translate into stable profits.

Summary

Overall, Syntec Optics combines a technically rich, innovation‑driven business with still‑fragile, small‑scale financials. The company appears well positioned in specialized photonics niches, with meaningful know‑how, vertical integration, and relationships in attractive end markets like medical devices, defense, space, and AR/VR. At the same time, revenue remains tiny and flat, profitability is inconsistent, cash generation is not yet established, and the balance sheet has limited cushioning capacity. The investment case hinges on whether the company can convert its strong technological and competitive positioning into sustained revenue growth, improved margins, and reliable cash flows, while managing funding needs and the inherent volatility of early‑stage, high‑tech markets.