📊 BINI Key Takeaways
Investment Thesis
Bollinger Innovations exhibits severe financial distress with negative stockholders' equity of -$107.9M, indicating the company is technically insolvent. The company is burning substantial cash with -$73.6M free cash flow while generating only $8.3M in revenue against -$291.7M net losses, demonstrating a fundamentally unsustainable business model with no clear path to profitability.
BINI Strengths
- Company maintains some cash position of $454.7K available for operations
- Revenue generation of $8.3M indicates some market traction for products
- Operating in the motor vehicle sector which has long-term growth potential
BINI Risks
- Negative stockholders' equity of -$107.9M represents technical insolvency and existential threat
- Operating cash burn of -$69.4M with only $454.7K cash reserves indicates imminent liquidity crisis
- Gross margin of -189.4% shows fundamental unit economics failure with company losing money on every sale
- Net losses of -$291.7M on $8.3M revenue demonstrate inability to scale or control costs
- Current ratio of 0.23x and quick ratio of 0.08x indicate severe inability to meet short-term obligations
- Long-term debt of $62.3M with liabilities exceeding assets by $107.1M creates default risk
Key Metrics to Watch
- Cash burn rate and months of cash runway remaining
- Path to gross margin profitability and cost structure improvements
- Debt refinancing requirements and covenant compliance
- Revenue growth rate relative to operating expense reduction
- Stockholders' equity recovery trajectory
BINI Financial Metrics
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
BINI Profitability Ratios
BINI vs Default Sector
How BOLLINGER INNOVATIONS, INC. compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
BINI Balance Sheet & Liquidity
BINI 5-Year Financial Trend
5-Year Trend Summary: BOLLINGER INNOVATIONS, INC.'s revenue has grown significantly by 199% over the 5-year period, indicating strong business expansion. The most recent EPS of $-63,083.67 indicates the company is currently unprofitable.
BINI Growth Metrics (YoY)
BINI Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $65.2K | -$87.4M | N/A |
| Q2 2025 | $33.3K | -$47.1M | N/A |
| Q1 2025 | $2.9M | -$61.4M | N/A |
| Q3 2024 | $65.2K | -$87.4M | $-7.91 |
| Q2 2024 | N/A | -$114.9M | N/A |
| Q3 2023 | $308.0K | -$4.8M | $-4.26 |
| Q2 2018 | $16.5M | -$903.7K | N/A |
| Q1 2018 | $16.0M | -$1.6M | N/A |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
BINI Capital Allocation
BINI SEC Filings
Access official SEC EDGAR filings for BOLLINGER INNOVATIONS, INC. (CIK: 0001499961)
📋 Recent SEC Filings
❓ Frequently Asked Questions about BINI
What is the AI rating for BINI?
BOLLINGER INNOVATIONS, INC. (BINI) has an AI rating of STRONG SELL with 95% confidence, based on fundamental analysis of SEC EDGAR filings.
What are BINI's key strengths?
Company maintains some cash position of $454.7K available for operations. Revenue generation of $8.3M indicates some market traction for products.
What are the risks of investing in BINI?
Negative stockholders' equity of -$107.9M represents technical insolvency and existential threat. Operating cash burn of -$69.4M with only $454.7K cash reserves indicates imminent liquidity crisis.
What is BINI's revenue and growth?
BOLLINGER INNOVATIONS, INC. reported revenue of $8.3M.
Does BINI pay dividends?
BOLLINGER INNOVATIONS, INC. does not currently pay dividends.
Where can I find BINI SEC filings?
Official SEC filings for BOLLINGER INNOVATIONS, INC. (CIK: 0001499961) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is BINI's EPS?
BOLLINGER INNOVATIONS, INC. has a diluted EPS of $-37.92.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.