Investment Thesis
AMZE exhibits severe operational deterioration with revenue collapsing 83.6% YoY while burning substantial cash and operating at massive losses. The company's liquidity crisis (0.05x current ratio, $300K cash against $27.3M liabilities) combined with negative operating cash flow of -$9.8M indicates potential insolvency risk without immediate corrective action.
AMZE Strengths
- High gross margin of 89.6% suggests underlying unit economics may be viable if revenue can be recovered
- Debt-to-equity ratio of 0.12x is relatively conservative, limiting financial leverage risk
- Stockholders' equity of $71.2M provides theoretical cushion against asset write-downs
AMZE Risks
- Critical liquidity crisis: current ratio of 0.05x with only $299.9K cash cannot sustain operations or debt obligations
- Revenue collapse of 83.6% YoY indicates loss of customer base, market share, or business model failure
- Operating losses of -$10.5M and negative free cash flow of -$9.8M are unsustainable; company will exhaust remaining capital within weeks at current burn rate
- Negative interest coverage of -7.5x shows inability to service debt from operations
- Zero insider activity over 90 days may signal management distress or capital preservation concerns
Key Metrics to Watch
- Monthly cash burn rate and runway to insolvency
- Revenue stabilization and customer retention metrics
- Operating cash flow recovery timeline
- Debt covenant compliance status and refinancing options
AMZE Financial Metrics
AMZE Profitability Ratios
AMZE Balance Sheet & Liquidity
AMZE 5-Year Financial Trend
5-Year Trend Summary: AMAZE HOLDINGS, INC.'s revenue has declined by 36% over the 5-year period, indicating business contraction. The most recent EPS of $-0.69 indicates the company is currently unprofitable.
AMZE Growth Metrics (YoY)
AMZE Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $63.2K | -$315.3K | $-0.53 |
| Q2 2025 | $70.5K | -$879.6K | $-1.30 |
| Q1 2025 | $60.2K | -$1.2M | $-0.08 |
| Q3 2024 | $63.2K | -$315.3K | $-0.02 |
| Q2 2024 | $70.5K | -$879.6K | $-0.06 |
| Q1 2024 | $104.6K | -$1.2M | $-0.08 |
| Q3 2023 | $535.6K | -$2.0M | $-0.13 |
| Q2 2023 | $146.3K | -$2.0M | $-0.27 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
AMZE Capital Allocation
AMZE SEC Filings
Access official SEC EDGAR filings for AMAZE HOLDINGS, INC. (CIK: 0001880343)