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BSLKW Stock Analysis - Bolt Projects Holdings, Inc. AI Rating

BSLKW OTC Industrial Organic Chemicals DE CIK: 0001841125
Recently Updated • Analysis: Mar 21, 2026 • SEC Data: 2025-09-30
AI Rating
STRONG SELL
95% Confidence

📊 BSLKW Key Takeaways

Revenue: $1.8M
Net Margin: -977.8%
Free Cash Flow: $-2.6M
Current Ratio: 0.69x
Debt/Equity: N/A
EPS: $-8.21
AI Rating: STRONG SELL with 95% confidence

Investment Thesis

Bolt Projects Holdings exhibits critical financial distress with negative stockholders equity of -12.7M, indicating liabilities exceed assets and shareholders have negative net worth. The company is burning cash with -2.6M operating cash flow, collapsing revenue (-60.1% YoY), and massive operating losses (-791.2% margin), suggesting fundamental business deterioration without clear path to profitability.

BSLKW Strengths

  • + Maintains $4.7M cash position providing near-term liquidity runway
  • + Still generating minimal gross profit ($119K) indicating some revenue conversion at product level
  • + Recent insider activity (10 Form 4 filings) suggests management engagement with capital structure

BSLKW Risks

  • ! Negative stockholders equity of -12.7M represents technical insolvency and existential risk to equity holders
  • ! Revenue collapsed 60.1% YoY while operating losses widened to -14.6M, indicating accelerating deterioration
  • ! Operating cash flow of -2.6M combined with $12.9M long-term debt creates imminent refinancing risk and potential bankruptcy scenario
  • ! Current ratio of 0.69x and quick ratio of 0.59x indicate inability to cover short-term obligations, severe liquidity crisis
  • ! Operating margin of -791.2% and net margin of -977.8% demonstrate fundamentally broken business model with no profitability trajectory

Key Metrics to Watch

BSLKW Financial Metrics

Revenue
$1.8M
Net Income
$-18.0M
EPS (Diluted)
$-8.21
Free Cash Flow
$-2.6M
Total Assets
$11.1M
Cash Position
$4.7M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

BSLKW Profitability Ratios

Gross Margin 6.5%
Operating Margin -791.2%
Net Margin -977.8%
ROE N/A
ROA -161.9%
FCF Margin -139.3%

BSLKW vs Industrial Sector

How Bolt Projects Holdings, Inc. compares to Industrial sector averages

Net Margin
BSLKW -977.8%
vs
Sector Avg 10.0%
BSLKW Sector
ROE
BSLKW 0.0%
vs
Sector Avg 15.0%
BSLKW Sector
Current Ratio
BSLKW 0.7x
vs
Sector Avg 1.8x
BSLKW Sector
Debt/Equity
BSLKW 0.0x
vs
Sector Avg 0.7x
BSLKW Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

BSLKW Balance Sheet & Liquidity

Current Ratio
0.69x
Quick Ratio
0.59x
Debt/Equity
N/A
Debt/Assets
214.5%
Interest Coverage
N/A
Long-term Debt
$12.9M

BSLKW 5-Year Financial Trend

BSLKW 5-year financial data: Year 2024: Revenue $3.4M, Net Income -$57.7M, EPS $-7.75.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Bolt Projects Holdings, Inc.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $-7.75 indicates the company is currently unprofitable.

BSLKW Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-139.3%
Free cash flow / Revenue

BSLKW Quarterly Performance

Quarterly financial performance data for Bolt Projects Holdings, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $5.0K -$4.6M $-2.70
Q2 2025 $56.0K -$4.6M $-2.20
Q1 2025 $19.0K -$6.0M $-3.00

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

BSLKW Capital Allocation

Operating Cash Flow
-$2.6M
Cash generated from operations
Stock Buybacks
$287.1M
Shares repurchased (TTM)
Capital Expenditures
$13.0K
Investment in assets
Dividends
None
No dividend program

BSLKW SEC Filings

Access official SEC EDGAR filings for Bolt Projects Holdings, Inc. (CIK: 0001841125)

📋 Recent SEC Filings

Date Form Document Action
Feb 27, 2026 8-K bslk-20260225.htm View →
Feb 20, 2026 4 xslF345X05/wk-form4_1771625802.xml View →
Feb 20, 2026 4 xslF345X05/wk-form4_1771625736.xml View →
Feb 20, 2026 4 xslF345X05/wk-form4_1771625694.xml View →
Jan 5, 2026 8-K bslk-20251231.htm View →

Frequently Asked Questions about BSLKW

What is the AI rating for BSLKW?

Bolt Projects Holdings, Inc. (BSLKW) has an AI rating of STRONG SELL with 95% confidence, based on fundamental analysis of SEC EDGAR filings.

What are BSLKW's key strengths?

Maintains $4.7M cash position providing near-term liquidity runway. Still generating minimal gross profit ($119K) indicating some revenue conversion at product level.

What are the risks of investing in BSLKW?

Negative stockholders equity of -12.7M represents technical insolvency and existential risk to equity holders. Revenue collapsed 60.1% YoY while operating losses widened to -14.6M, indicating accelerating deterioration.

What is BSLKW's revenue and growth?

Bolt Projects Holdings, Inc. reported revenue of $1.8M.

Does BSLKW pay dividends?

Bolt Projects Holdings, Inc. does not currently pay dividends.

Where can I find BSLKW SEC filings?

Official SEC filings for Bolt Projects Holdings, Inc. (CIK: 0001841125) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is BSLKW's EPS?

Bolt Projects Holdings, Inc. has a diluted EPS of $-8.21.

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.

Disclaimer: This analysis is generated by Claude AI based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 21, 2026 | Data as of: 2025-09-30 | Powered by Claude AI