Stardust Power Inc. (NASDAQ:SDST)
Insiders filed in the last 90 days, but none of those trades qualified for scoring — round-trip buys and filings whose price is far off the market are excluded.
No revenue reported, so there is no margin to score.
- Revenue
- $0
- Net income
- -$17.3M
- Net margin
- —
Not enough balance-sheet detail to judge the debt load.
- Total debt
- $91K
- Cash
- $540K
Owes more within a year than it holds to pay it.
- Current assets
- $909K
- Current liabilities
- $14.9M
- Current ratio
- 0.06
Consumes cash and must keep raising it.
- Operating cash flow
- -$7.8M
- Free cash flow
- -$5.7M
Burning cash with under a year of runway — expect a raise.
- Shares outstanding
- 11.1M
- Share growth (1y)
- 75.1%
- 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.
SDST 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Revenue Growth (YoY) | — | — | — | — | — | — |
| Cost of Revenue | 0.00 | 992.00 | 849.00 | 781.00 | 772.00 | 764.00 |
| Gross Profit | 0.00 | -992.00 | -849.00 | -781.00 | -772.00 | -764.00 |
| SG&A Expense | 3.89 M | 3.98 M | 3.47 M | 3.82 M | 3.04 M | 5.75 M |
| R&D Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 3.89 M | 3.98 M | 3.47 M | 3.82 M | 3.04 M | 5.75 M |
| Operating Income | -3.89 M | -3.98 M | -3.47 M | -3.83 M | -3.04 M | -5.75 M |
| Pretax Income | -3.90 M | -5.23 M | -3.75 M | -4.46 M | -3.70 M | -3.81 M |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | -3.90 M | -5.23 M | -3.75 M | -4.46 M | -3.70 M | -3.81 M |
| EPS (Basic) | -0.35 | -0.53 | -0.38 | -0.53 | -0.59 | -0.72 |
| EPS (Diluted) | -0.35 | -0.53 | -0.38 | -0.53 | -0.59 | -0.72 |
| Shares Outstanding | 11.06 M | 9.91 M | 9.87 M | 8.37 M | 6.32 M | 5.30 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.