Kaixin financials
$1.38+4.55%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 |
|---|---|---|---|---|---|---|---|
| Revenue | $129.0K | $0.00 | $31.5M | $82.8M | $253.8M | $1.2M | $45.8M |
| Gross profit | $129.0K | $0.00 | $342.0K | $646.0K | $5.3M | $0.00 | $186.0K |
| Gross margin | 100.0% | — | 1.1% | 0.8% | 2.1% | 0.0% | 0.4% |
| Operating income | -$31.6M | -$19.1M | -$21.0M | -$47.9M | -$182.6M | -$276.0K | -$136.0K |
| Net income | -$53.9M | -$41.0M | -$53.6M | -$84.7M | -$196.6M | -$166.0K | -$110.0K |
| Net margin | −41788.4% | — | −169.9% | −102.3% | −77.4% | −13.8% | −0.2% |
| Diluted EPS | $-24.20 | $-781.64 | $-4213.21 | $-171387.00 | $-695790.00 | $-891.00 | $-607.50 |
| EBITDA | -$27.7M | -$15.2M | -$18.5M | -$46.3M | -$38.2M | -$271.0K | -$133.0K |
| Operating cash flow | -$2.6M | -$3.0M | -$2.1M | -$2.4M | -$2.1M | -$1.1M | $160.0K |
| Free cash flow | -$2.6M | -$3.0M | -$2.5M | -$2.5M | -$2.1M | — | — |
| Diluted shares | 2.2M | 0.1M | 0.0M | 0.0M | 0.0M | 0.0M | 0.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $859.0K | $2.4M | $2.1M | $7.1M | $5.3M | $607.0K |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $0.00 | $635.0K | $2.4M | $6.3M | $10.3M | $0.00 |
| Total assets | $33.0M | $24.6M | $67.6M | $55.7M | $74.2M | $6.6M |
| Total liabilities | $11.1M | $11.5M | $18.6M | $20.2M | $36.1M | $430.0K |
| Shareholders' equity | $21.9M | $13.2M | $49.0M | $35.5M | $38.1M | $6.2M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology