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SBLX

StableX Technologies, Inc. - Common Stock

SBLX

StableX Technologies, Inc. - Common Stock • NASDAQ
$3.35 ▼ -5.10% (-0.18)
Market Cap $2.26 M
52w High $15.36
52w Low $2.32
Dividend Yield 0%
P/E -0.09
Volume 63.65K
Outstanding Shares 675.40K

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $0 $2.752M ▲ $-2.758M ▲ 0% $-3.84 ▲ $-2.693M ▼
Q2-2025 $0 $1.549M ▼ $-14.143M ▼ 0% $-29.87 ▼ $-1.738M ▼
Q1-2025 $0 $1.918M ▼ $845.011K ▲ 0% $98.93K ▲ $900.266K ▲
Q4-2024 $0 ▼ $4.168M ▲ $-5.582M ▼ 0% ▼ $-1.09 ▼ $-6.158M ▼
Q3-2024 $5.426K $1.645M $550.557K 10.147K% $-0.25 $-1.473M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $12.252M ▲ $15.714M ▲ $2.046M ▼ $13.668M ▲
Q2-2025 $8.424M ▼ $9.195M ▼ $22.3M ▲ $-13.105M ▼
Q1-2025 $15.298M ▼ $16.155M ▼ $9.784M ▲ $6.371M ▼
Q4-2024 $20.125M ▲ $21.739M ▼ $9.469M ▼ $12.269M ▼
Q3-2024 $18.857M $35.926M $13.982M $21.943M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-2.758M ▲ $-1.945M ▲ $-3.345M ▼ $7.418M ▲ $2.128M ▲ $-1.945M ▲
Q2-2025 $-14.143M ▼ $-2.625M ▼ $-724.689K ▼ $-4.336M ▼ $-7.685M ▼ $-2.625M ▼
Q1-2025 $845.011K ▲ $-1.476M ▲ $1.749M ▼ $-3.546M ▲ $-3.273M ▼ $-1.476M ▲
Q4-2024 $-5.582M ▼ $-2.981M ▲ $12.185M ▲ $-5.756M ▼ $3.448M ▲ $-3.018M ▲
Q3-2024 $550.557K $-3.5M $6.904M $-4.742M $-1.338M $-3.663M

Revenue by Products

Product Q4-2023Q1-2024Q3-2024Q4-2024
Product
Product
 $0 ▲$0 ▲$0 ▲$0 ▲
Service
Service
 $0 ▲$0 ▲$0 ▲$0 ▲
Shipping and Handling
Shipping and Handling
 $0 ▲$0 ▲$0 ▲$0 ▲
Miscellaneous Income
Miscellaneous Income
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement The income statement looks like that of a very small, development‑stage or shell company. Reported revenue has been essentially zero for several years, so there is no sign of a functioning commercial business in the numbers. The company records recurring operating losses, which appear modest in absolute size but have persisted every year. This means it is spending money on overhead and perhaps early development work without bringing in sales to offset those costs. Reported earnings per share look very negative, but this is heavily distorted by repeated reverse stock splits rather than a sudden collapse in profits. Overall, this is a pre‑revenue, loss‑making profile with no clear sign of scaling into regular operations yet.

Balance Sheet

Balance Sheet The balance sheet is tiny and simple. Assets are very small and mostly made up of cash, with no meaningful physical assets or large investments showing up. There is no reported debt, which removes balance‑sheet leverage risk but also suggests the company has not been able or willing to borrow at scale. Equity has been drifting down over time as accumulated losses eat into the capital base, which is typical for a venture‑like or shell structure that spends but does not earn. Combined with a long history of reverse stock splits, this points to a fragile capital structure and a company that has had to repeatedly reset its share count to remain listed or maintain a certain share price range.

Cash Flow

Cash Flow Cash flow is consistently negative from operations, reflecting ongoing cash burn with no revenue inflows. There is essentially no spending on long‑term assets, so the outflows are likely general overhead, professional fees, and possibly early research or product development, rather than heavy investment in plants or equipment. Free cash flow is negative in each year, but on a small absolute scale, which suggests the company can operate on relatively modest funding, yet still does not fund itself internally. The pattern implies dependence on periodic financing or capital injections outside the cash‑flow statement to keep going.

Competitive Edge

Competitive Edge Based on the financials, there is no evidence of an established competitive position in the auto‑parts industry. With no recorded revenue and minimal assets, the company does not yet appear to be operating as a typical industrial or auto‑parts firm with manufacturing capacity, customer relationships, or supply‑chain presence. If it does have a business plan in that sector, it seems to be at a very early or inactive stage. The long series of reverse stock splits and the tiny size suggest it may function more like a shell, a concept‑stage entity, or a legacy SPAC vehicle than a scaled competitor with a meaningful market share or durable moat.

Innovation and R&D

Innovation and R&D External research indicates that a publicly traded company matching this exact name and ticker cannot be reliably identified, which raises questions about data quality and the true status of the entity. The financial disclosures provided do not break out research and development as a clear line item, and overall spending is very small, making it hard to infer any substantial innovation effort. If there is R&D, it is likely limited in scale and embedded within general operating costs. There is no public evidence here of distinctive technology, patents, or a clear innovation roadmap, so any talk of a technological edge or moat would be speculative without more detailed, authoritative company information.

Summary

Taken together, these figures describe a very small, pre‑revenue or shell‑like company with recurring but modest losses, a thin capital base, and no operating debt. Cash is present but limited, and the business is not self‑funding; it relies on outside capital to cover ongoing costs. The repeated reverse stock splits over many years are a notable red flag about the company’s trading history and share‑price trajectory. The absence of meaningful revenue, the minimal asset base, and the difficulty confirming the company’s public identity all point to very high uncertainty about its true operations and prospects. Anyone reviewing this situation would likely treat the profile as highly speculative and would want to verify the ticker, listing status, and the most recent official filings before drawing strong conclusions about the underlying business.

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