Our Bond, Inc. OBAI
business description should be read in conjunction with our audited Consolidated Financial Statements and accompanying notes thereto
appearing elsewhere in this Annual Report on Form 10-K for the year ended December 31, 2025 (the "Form 10-K"), which
are incorporated herein by this reference.
Form 10-K refers to Our Bond Inc. and its subsidiaries.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Revenue | $10.0M | $9.7M | — |
| Cost of revenue | $9.4M | $9.0M | — |
| Gross profit | $566.0K | $709.0K | — |
| R&D | $2.5M | $2.7M | — |
| SG&A | $6.0M | $6.2M | — |
| Total operating expenses | $9.8M | $10.3M | — |
| Operating income | -$9.3M | -$9.6M | — |
| Interest expense | $1.2M | $1.5M | — |
| Pre-tax income | -$10.5M | -$10.9M | — |
| Income tax | $35.0K | $94.0K | — |
| Net income | -$10.5M | -$11.0M | — |
| EPS, basic | -2.23 | -3.75 | — |
| EPS, diluted | -2.23 | -3.75 | — |
| Shares, diluted (wtd. avg.) | 4,969 | 2,938 | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Cash and equivalents | $599.0K | $726.0K | — |
| Receivables | $1.6M | $2.2M | — |
| Total current assets | $2.4M | $3.4M | — |
| Property, plant and equipment | $86.0K | $105.0K | — |
| Total assets | $2.5M | $3.5M | — |
| Accounts payable | $2.6M | $2.6M | — |
| Short-term debt | $1.6M | — | — |
| Total current liabilities | $8.1M | $7.2M | — |
| Long-term debt | $5.7M | $12.8M | — |
| Total liabilities | $13.8M | $20.0M | — |
| Retained earnings | -$139.2M | -$128.1M | — |
| Total equity | -$22.7M | -$16.5M | -$13.7M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Operating cash flow | -$6.9M | -$8.2M | — |
| Depreciation and amortisation | $53.0K | $58.0K | — |
| Stock-based compensation | $615.0K | $961.0K | — |
| Capital expenditure | $34.0K | $62.0K | — |
| Investing cash flow | -$34.0K | -$62.0K | — |
| Financing cash flow | $6.9M | $7.5M | — |
| Dividends paid | $88.0K | — | — |
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 0001493152-26-033754.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Revenue | — | $9.7M | $10.0M |
| Gross profit | — | $709.0K | $566.0K |
| Net income | — | -$11.0M | -$10.5M |
Recent filings and events
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Regulation FD disclosure Item 7.01
- Regulation FD disclosure Item 7.01
- 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
- 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
- Regulation FD disclosure Item 7.01
- 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
- 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
- Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
- Regulation FD disclosure Item 7.01
- Regulation FD disclosure Item 7.01
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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