BOXABL Inc. BXBL
We are a blank check company incorporated in Nevada on September 20, 2023 for the purpose of merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities ("Business Combination").
As of December 31,2025, the Company had not yet commenced any operations. All activity through December 31, 2025 relates to the Company's formation and the initial public offering ("IPO"), which is described below, and the search of Business Combination. The Company will not generate any operating revenues until after the completion of its Business Combination, at the earliest. The Company generates nonoperating income in the form of interest income from the proceeds derived from the IPO. The Company has selected December 31 as its fiscal year end.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| SG&A | $972.2K | $25.9K | — |
| Operating income | -$972.2K | -$25.9K | — |
| Pre-tax income | $2.1M | -$25.9K | — |
| Income tax | $637.7K | $0 | — |
| Net income | $1.4M | -$25.9K | — |
| EPS, basic | — | -0.01 | — |
| EPS, diluted | — | -0.01 | — |
| Shares, diluted (wtd. avg.) | — | 2.2M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Cash and equivalents | $486.9K | $46.3K | $56.2K |
| Total current assets | $584.4K | $169.0K | — |
| Total assets | $82.7M | $169.0K | $170.9K |
| Accounts payable | $57.2K | $25.7K | $1.8K |
| Total liabilities | $194.9K | $171.7K | $147.7K |
| Retained earnings | $389.3K | -$29.3K | -$1.8K |
| Total equity | $389.5K | -$2.6K | $23.2K |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Operating cash flow | $1.5M | -$10.0K | — |
| Investing cash flow | -$82.1M | — | — |
| Financing cash flow | $81.1M | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001104659-26-057907.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Revenue | — | — | — |
| Gross profit | — | — | — |
| Net income | — | -$25.9K | $1.4M |
Recent filings and events
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Material agreement signed Item 1.01
- Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
- Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
- Delisting notice The exchange has told the company it no longer meets the rules for staying listed - usually price, market cap, or filings that are late. Item 3.01
- Unregistered share sale Item 3.02
- Shareholder rights changed The terms attaching to the shares themselves have changed. Item 3.03
- Auditor changed The company changed auditors. Sometimes routine; historically one of the more reliable warnings that something is wrong. Item 4.01
- Change of control Control of the company has changed hands. Item 5.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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