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VisionWave Holdings, Inc. (NASDAQ:VWAV)
US · Delayed Price · Currency is USD
Industrials · Aerospace & Defense
$0.56-$0.48 (-46.53%)
Insider Score
––Not scored
VWAV Insider Score
No insider has filed an open-market purchase or sale here in the last 90 days, so there is nothing to score yet.
Financial Health Score
Weak
From VWAV’s reported statements · Q2 2026 (trailing 12 months)
Profitability0 / 20
Loses money on what it sells.
- Revenue
- $286K
- Net income
- -$44.9M
- Net margin
- -15668.2%
Leverage20 / 20
Little or no net debt.
- Total debt
- $5.9M
- Cash
- $4.9M
- Debt / equity
- 0.05
Liquidity0 / 20
Owes more within a year than it holds to pay it.
- Current assets
- $6.3M
- Current liabilities
- $39.6M
- Current ratio
- 0.16
Cash generation0 / 20
Consumes cash and must keep raising it.
- Operating cash flow
- -$14.9M
- Free cash flow
- -$15.3M
- FCF margin
- -5338.9%
Dilution & runway0 / 20
Burning cash with under a year of runway — expect a raise.
- Shares outstanding
- 21.7M
- Share growth (1y)
- 52.2%
- Cash runway
- 4 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.
VWAV Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q3 2025 | Q2 2025 | Q1 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Mar 31, 2025 |
| Revenue | $286.34 K | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Revenue Growth (YoY) | — | — | — | — | — | — |
| Cost of Revenue | $8.53 M | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Gross Profit | -$8.24 M | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expense | $9.16 M | $5.08 M | $0.00 | $0.00 | $0.00 | $142.95 K |
| R&D Expense | $747.80 K | $271.53 K | $0.00 | $0.00 | $0.00 | $0.00 |
| Operating Expenses | $9.90 M | $11.06 M | $6.05 M | $340.63 K | $340.63 K | $142.95 K |
| Operating Income | -$18.14 M | -$11.06 M | -$6.05 M | -$340.63 K | -$340.63 K | -$142.95 K |
| Pretax Income | -$25.93 M | -$12.91 M | -$5.69 M | -$433.96 K | -$433.96 K | -$28.84 K |
| Tax Provision | -$97.06 K | $0.00 | -$7.08 K | $336.00 | $336.00 | $0.00 |
| Net Income | -$25.83 M | -$12.91 M | -$5.69 M | -$434.29 K | -$434.29 K | -$28.84 K |
| EPS (Basic) | -$1.19 | -$0.66 | -$0.46 | -$0.03 | -$0.03 | -$0.15 |
| EPS (Diluted) | -$1.19 | -$0.66 | -$0.46 | -$0.03 | -$0.03 | -$0.15 |
| Shares Outstanding | 21.73 M | 19.58 M | 15.15 M | 14.27 M | 14.27 M | 2.80 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.
Disclaimer — Informational only — not investment advice. Insider transaction data is sourced from SEC Form 4 filings; market data from public feeds and may be delayed. The Insider Score is a proprietary score for research purposes and does not predict future performance. Always do your own research.