Newton Golf Company, Inc. (NASDAQ:NWTG)
Insiders here have filed 1 Form 4 in the last 90 days, but all of them are share awards, grants or other non-market transactions. Those are compensation, not a decision to buy, so they are not scored.
Loses money on what it sells.
- Revenue
- $7.2M
- Net income
- -$8.9M
- Net margin
- -124.4%
Not enough balance-sheet detail to judge the debt load.
- Total debt
- $2.1M
- Cash
- $442K
Owes more within a year than it holds to pay it.
- Current assets
- $1.4M
- Current liabilities
- $4.0M
- Current ratio
- 0.35
Consumes cash and must keep raising it.
- Operating cash flow
- -$5.2M
- Free cash flow
- -$5.6M
- FCF margin
- -77.5%
Burning cash with under a year of runway — expect a raise.
- Shares outstanding
- 4.6M
- Share growth (1y)
- 2.1%
- Cash runway
- 1 months
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
NWTG Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
| Revenue | $1.32 M | $991.00 K | $2.27 M | $2.58 M | $2.07 M | $1.21 M |
| Revenue Growth (YoY) | -36.36 % | -18.10 % | 112.02 % | 113.21 % | 154.37 % | 245.71 % |
| Cost of Revenue | $405.00 K | $363.00 K | $1.71 M | $848.00 K | $669.00 K | $358.00 K |
| Gross Profit | $911.00 K | $628.00 K | $569.00 K | $1.73 M | $1.40 M | $852.00 K |
| SG&A Expense | $2.10 M | $2.90 M | $2.96 M | $3.06 M | $2.76 M | $2.54 M |
| R&D Expense | $348.00 K | $348.00 K | $172.00 K | $182.00 K | $143.00 K | $282.00 K |
| Operating Expenses | $2.45 M | $3.24 M | $3.13 M | $3.24 M | $2.91 M | $2.82 M |
| Operating Income | -$1.54 M | -$2.62 M | -$2.57 M | -$1.50 M | -$1.51 M | -$1.97 M |
| Pretax Income | -$2.28 M | -$2.66 M | -$2.40 M | -$1.58 M | -$1.52 M | -$525.00 K |
| Tax Provision | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Net Income | -$2.28 M | -$2.66 M | -$2.40 M | -$1.58 M | -$1.52 M | -$525.00 K |
| EPS (Basic) | -$0.49 | -$0.58 | $0.00 | -$0.34 | -$0.34 | -$0.55 |
| EPS (Diluted) | -$0.49 | -$0.58 | $0.00 | -$0.34 | -$0.34 | -$0.55 |
| Shares Outstanding | 4.61 M | 4.59 M | 4.61 M | 4.60 M | 4.51 M | 953.96 K |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.