BTLN Brightline Interactive, Inc./NV

Overview and Growth

Fiscal 2026 results for Brightline Interactive, Inc./NV combined $322.98K of revenue with net loss of $16.63M and an operating cash outflow of $4.29M. The $322.98K revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. The top line contracted 93.9% from $5.27M in fiscal 2025; this top-line contraction left the company with a smaller revenue base. The company reported diluted EPS of -$6.33, adding a shareholder-level measure to the absolute income figures considered below. A diluted share base of 2.64M links the aggregate earnings figure to diluted EPS and helps frame the per-share comparison. Compared with 2.45M diluted shares in fiscal 2025, the current 2.64M base was 7.7% higher. Total assets stood at $3.69M, showing the scale of resources supporting revenue, earnings, liquidity, and financing. Asset turnover was 0.09x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

Gross profit was $185.37K, representing the portion of revenue remaining after the reported cost of revenue and before operating expenses. The gross-profit relationship equaled 57.4% of revenue, quantifying the portion retained before operating expenses were recognized. The company ended the period with a net loss of $16.63M, extending the operating result through all remaining items. The company reported a pretax loss of $15.43M, before the effect of income taxes. The net loss equaled 572.4% of period-end equity, showing the deficit relative to book capital. The loss-to-assets relationship was 451.2%, placing the bottom-line deficit against the company’s resource base. The net loss widened to $16.63M from $2.55M in fiscal 2025.

Liquidity and Capital Structure

Total assets were $3.69M, supported by $780.78K of liabilities and $2.91M of shareholder equity. Current assets were $3.52M against $780.78K of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. Current assets covered current liabilities by 4.5x, leaving a positive buffer for near-term obligations. Reported cash and equivalents were $3.15M, separating immediately recognizable cash resources from the rest of the current-asset base. The cash balance equaled 403.1% of current liabilities, showing how much near-term coverage came from cash alone. Equity equaled 78.8% of assets, showing the shareholder-capital layer within the company’s balance sheet. Liabilities represented 21.2% of total assets, quantifying the liability-funded share of the company’s resource base. Cash and equivalents equaled 85.4% of total assets, showing the liquid cash component within the company’s broader resource base. Total assets were 80.9% lower than fiscal 2025 assets of $19.28M, measuring the company’s own balance-sheet change. Book equity was 82.8% lower than fiscal 2025 equity of $16.94M, showing how shareholder capital changed year over year. The reported cash balance changed 53.9% from $6.83M in fiscal 2025, ending lower year over year.

Cash Flow and Earnings Quality

The company reported an operating cash outflow of $4.29M, rather than cash generation from operations. Capital spending of $24.77K added to the period’s operating cash use, reinforcing the overall cash deficit after investment for the year. Operating cash flow and capital spending combined to leave a $4.31M cash deficit after capital spending. Relative to total assets, the post-investment cash deficit measured 117.0%. Compared with a $273.77K operating cash outflow in fiscal 2025, the current outflow increased to $4.29M.

Based on the annual report for the fiscal year ending Jun 30, 2026. Analysis generated Oct 26, 2026.