AIFF · Firefly Neuroscience, Inc.
Substantial doubt about the company's ability to continue as a going concern.
“the Company's recurring losses, negative cash flows from operating activities, and revenue that remains insufficient to cover operating costs raise substantial doubt about the Company's ability to continue as a going concern within one year after the date these financial statements are issued. ... Because critical elements of these plans are not within management's control, management does not consider them probable of being effectively implemented such that they would alleviate the substantial doubt described above. Accordingly, management has concluded that substantial doubt about the Company's ability to continue as a going concern within one year after the date these financial statements are issued has not been alleviated.”View the 10-Q filed Aug 11, 2026
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $1.8M | $1.14M | $108K | $498K | $12.02M | $15.03M | $13.9M | $10.16M | $8.93M | $10.64M | $6.73M | $6.21M | $5.78M | $7.48M | $7.06M | $7.82M | $6.86M | |
| $997K | $497K | $0 | — | — | $11.42M | $11.69M | $8.77M | $6.79M | $8.23M | $4.91M | $3.84M | $3.4M | $5.22M | $4.65M | $5.38M | $4.47M | |
| $802K | $645K | $108K | $2.61M | $2.86M | $3.62M | $2.21M | $1.4M | $2.14M | $2.42M | $1.82M | $2.37M | $2.39M | $2.26M | $2.41M | $2.44M | $2.39M | |
| — | 56.48% | 100% | 524.96% | 23.81% | 24.05% | 15.89% | 13.77% | 23.99% | 22.7% | 27.09% | 38.18% | 41.28% | 30.21% | 34.16% | 31.23% | 34.78% | |
| $1.78M | $1.48M | $1.95M | $741K | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| $714K | $800K | $1.2M | $639K | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| $7.2M | $6.97M | $6.13M | $2.2M | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| $5.01M | — | — | $5.84M | $8.28M | $6.24M | $1.8M | $1.88M | $1.75M | $1.67M | $1.88M | $1.75M | $1.69M | $1.66M | $1.69M | $1.56M | $1.54M | |
| — | — | — | $176.24K | $1.4M | — | — | — | — | — | — | — | — | — | — | — | — | |
| — | $172K | $67K | $0 | $219.99K | $236.6K | $12.06K | $5834 | $9757 | $16.91K | $28.26K | $29.87K | $31.38K | $25.5K | $27.46K | $19.46K | $22.91K | |
| $9.94M | $9.5M | $10.16M | $3.58M | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| -$9.14M | -$8.86M | -$10.05M | -$3.08M | -$5.42M | -$2.63M | $411.85K | -$727.79K | -$62.35K | $237.77K | -$563.45K | $68.12K | -$39.83K | -$69.23K | $94.13K | $148.81K | $136.93K | |
| — | -775.48% | -9309.26% | -618.07% | -45.07% | -17.48% | 2.96% | -7.16% | -0.7% | 2.23% | -8.37% | 1.1% | -0.69% | -0.93% | 1.33% | 1.9% | 2% | |
| — | -$8.68M | -$9.99M | -$3.08M | -$5.2M | -$2.39M | $423.91K | -$721.95K | -$52.59K | $254.68K | -$535.2K | $97.99K | -$8457 | -$43.73K | $121.59K | $168.27K | $159.84K | |
| $52.11K | — | — | $103.26K | $81.62K | $37.33K | $3125 | — | — | — | — | — | — | — | — | — | — | |
| $114K | $89K | $0 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| $35K | -$11.02M | -$404K | $476K | $7107 | $12.17K | $4656 | $10.54K | — | — | — | — | — | — | — | — | — | |
| — | — | — | -$245.53K | $0 | — | — | — | — | — | — | — | — | — | — | — | — | |
| -$9.11M | -$19.88M | -$10.46M | -$2.6M | -$5.49M | -$2.2M | $413.38K | -$717.25K | -$51.03K | $246.46K | -$553.68K | $78.33K | -$29.79K | -$60.24K | $100.42K | $156.2K | $146.46K | |
| — | $5000 | -$2000 | $1000 | $812.46K | -$1.07M | $0 | — | — | — | — | — | — | — | — | — | — | |
| -$9.11M | -$19.88M | -$10.46M | -$2.6M | -$17.75M | -$1.13M | $413.38K | -$717.25K | -$51.03K | $246.46K | -$553.68K | $78.33K | -$29.79K | -$60.24K | $100.42K | $153.4K | $146.46K | |
| — | -1740.98% | -9685.19% | -522.69% | -147.67% | -7.53% | 2.97% | -7.06% | -0.57% | 2.32% | -8.23% | 1.26% | -0.52% | -0.81% | 1.42% | 1.96% | 2.14% | |
| -$9.44M | -$24.53M | -$10.46M | — | — | -$1.13M | $413.38K | -$717.25K | -$51.03K | $246.46K | -$553.68K | $78.33K | -$29.79K | -$60.24K | $100.42K | — | — | |
| -$9.65M | — | — | — | — | -$1.13M | $413.38K | -$717.25K | -$51.03K | $246.46K | -$553.68K | $78.33K | -$29.79K | -$60.24K | $100.42K | $153.4K | — | |
| USD/shares | — | -$1.97 | -$1.60 | -$0.81 | -$30.09 | -$2.70 | $1.20 | -$1.80 | $0.00 | $0.60 | -$1.50 | $0.30 | $0.00 | -$0.30 | $0.30 | $0.30 | $0.30 |
| USD/shares | — | — | — | — | — | -$2.70 | $0.90 | -$1.80 | $0.00 | $0.60 | -$1.50 | $0.30 | $0.00 | -$0.30 | $0.30 | $0.30 | $0.30 |
| shares | — | 12.44M | 6.55M | 3.23M | 589.62K | 419.13K | 374.09K | 373.61K | 373.39K | 373.39K | 373.39K | 373.39K | 373.39K | 373.39K | 373.33K | 373.23K | 373.23K |
| shares | — | — | — | — | — | 419.13K | 401.64K | 373.61K | 373.39K | 386.12K | 373.39K | 377.01K | 373.39K | 373.39K | 373.7K | 374.15K | 373.7K |
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 77 similar-size Software - Application companies (of 210 listed).
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2022 | FY2021 |
|---|---|---|
| Tellenger Segment | $11,023,982 | $15,033,504 |
| Blockchain SCM Segment | $998,970 | $0 |
| Corporate | $0 | — |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Service | $814,000 | $41,000 | $478,000 | — | — | — |
| Product | $111,000 | $0 | — | — | — | — |
| Subscription And Circulation | $110,000 | $0 | — | — | — | — |
| Rentals | $74,000 | $67,000 | $0 | — | — | — |
| Product And Service Other | $33,000 | $0 | $20,000 | — | — | — |
| Incentive Payments | — | — | — | — | $89,068 | $132,000 |
| Services Combination | — | — | — | — | $92,940 | $476,629 |
| Services Fixed Price | — | — | — | — | $367,229 | $82,968 |
| Services Fixed Price Over Time | — | — | — | — | $634,036 | $232,446 |
| Services Fixed Price Per Unit | — | — | — | — | $114,263 | $107,845 |
| Services Time and Materials | — | — | — | — | $9,383,810 | $4,627,252 |
| Software Support and Maintenance | — | — | — | — | $106,428 | $545,991 |
| Third Party Software | — | — | — | — | $4,245,730 | $7,697,940 |
| Incentive Payments | — | — | — | $105,102 | — | — |
| Professional Fees | — | — | — | $8,347,052 | — | — |
| Services Combination | — | — | — | $113,610 | — | — |
| Services Fixed Price | — | — | — | $998,970 | — | — |
| Services Fixed Price Over Time | — | — | — | $407,611 | — | — |
| Services Fixed Price Per Unit | — | — | — | $304,666 | — | — |
| Services Time and Materials | — | — | — | $7,521,165 | — | — |
| Software Sales | — | — | — | $2,675,930 | — | — |
| Software Support and Maintenance | — | — | — | $142,891 | — | — |
| Third Party Software | — | — | — | $2,427,937 | — | — |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | FY2022 |
|---|---|
| Tellenger Segment | $610,753 |
| Corporate | -$6,029,710 |
| Blockchain SCM Segment | -$13,358,651 |
Operating Margin by Segment (%)
| Component | FY2022 |
|---|---|
| Tellenger Segment | 5.5% |
| Blockchain SCM Segment | -1337.2% |