GRDX GridAI Technologies Corp.

Overview and Growth

In fiscal 2025, GridAI Technologies Corp. recorded $36.25K of revenue, net loss of $6.39M, and an operating cash outflow of $5.70M. The $36.25K revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. The company reported diluted EPS of -$4.16, adding a shareholder-level measure to the absolute income figures considered below. Diluted shares averaged 1.62M; this is the reported share base over which the company’s diluted per-share earnings were spread. Compared with 1.14M diluted shares in fiscal 2024, the current 1.62M base was 41.2% higher. Total assets stood at $48.55M, showing the scale of resources supporting revenue, earnings, liquidity, and financing. Revenue equaled 0.0x of total assets, indicating how much reported top-line activity the company produced relative to its period-end asset base.

Profitability

Direct costs exceeded revenue, producing a gross loss of $657.43K before operating expenses. The company recorded an operating loss of $7.08M after the reported operating expense base. The company ended the period with a net loss of $6.39M, extending the operating result through all remaining items. Negative EBITDA totaled $6.51M, confirming that the earnings deficit remained before depreciation and amortization. The pretax result was a loss of $6.64M, establishing the deficit before tax effects. An income-tax benefit of $398.74K improved the final result relative to pretax income or loss. Relative to period-end equity, the net loss represented 25.6%. The net loss equaled 13.2% of period-end assets, showing the deficit relative to the asset base. The bottom-line deficit decreased from $18.06M in fiscal 2024 to $6.39M.

Liquidity and Capital Structure

At period end, current assets of $2.60M compared with current liabilities of $15.16M, defining the company’s short-term resource position. The current ratio was 0.17x; current liabilities exceeded current assets, leaving a short-term liquidity deficit. Cash and equivalents totaled $899.78K, identifying the most liquid reported component available within the broader current-asset balance. The cash balance equaled 5.9% of current liabilities, showing how much near-term coverage came from cash alone. The equity-to-assets relationship was 51.4%, placing book capital against the total resource base. The liabilities-to-assets relationship was 40.6%, placing reported obligations against the full positive asset balance. Measured against total assets, cash and equivalents represented 1.9%, a balance-sheet composition measure rather than a liquidity forecast. Compared with $85.41M in fiscal 2024, the current asset base moved 43.2% and finished lower. Compared with $163.48K in fiscal 2024, the current cash balance moved 450.4% and finished higher.

Cash Flow and Earnings Quality

Operating activities used $5.70M of cash, resulting in an operating cash outflow for the year. Cash absorbed by operations decreased from $9.22M in fiscal 2024 to $5.70M.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Sep 24, 2026.