Fusemachines Inc. (FUSE) — Financial statements
Income statement, balance sheet, and cash flow for Fusemachines Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 8↓98.6% | 546↑7239.4% | 7↑8.2% | 7 | 0.00 | |
| Cost of Revenue | 3↓97.5% | 137↑4171.5% | 3↑51.0% | 2 | 0.00 | |
| Gross Profit | 4↓98.9% | 409↑9554.6% | 4↓10.9% | 5 | 0.00 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.72↓1.6% | 0.73↑21.2% | 0.60↑119.6% | 0.28 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 10↑47.1% | 7↑69.4% | 4 | 0.00 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 2↑3.6% | 2↑83.4% | 1 | 0.00 | |
| SG&A Expenses | 10↓22.4% | 12↑37.9% | 9↑72.2% | 5↑10438.3% | 0.05 | |
| Other Expenses | 0.00↓100.0% | 370 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 10↓97.3% | 383↑3917.3% | 10↑74.6% | 5↑10997.8% | 0.05 | |
| Total Costs & Expenses | 14↓97.4% | 519↑3981.2% | 13↑68.0% | 8↑15306.7% | 0.05 | |
| Operating Results | ||||||
| Operating Income | -6↓163.0% | -2↑57.2% | -5↓659.3% | -0.70↓1316.0% | -0.05 | |
| Depreciation & Amortization | 0.28↓4.2% | 0.29↑14.2% | 0.25↑50.6% | 0.17 | 0.00 | |
| EBITDA | -6↑61.7% | -15↓145.2% | -6↓1404.2% | -0.40↓717.8% | -0.05 | |
| EBIT | -6↑60.6% | -15↓140.0% | -6↓1005.3% | -0.57↓1059.6% | -0.05 | |
| Interest & Other Income | ||||||
| Net Interest Income | -0.27↓14.5% | -0.23↑48.1% | -0.45↓185.4% | -0.16 | 0.00 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 0.27↑14.5% | 0.23↓48.1% | 0.45↑185.4% | 0.16 | 0.00 | |
| Non-Operating Income | 0.00↑100.0% | -3↓350.0% | 1↑905.6% | -0.13 | 0.00 | |
| Other Income / Expenses | 5↑106.4% | 2↑266.2% | -1↓4481.3% | -0.03 | 0.00 | |
| Income Before Tax | -0.93↓636.8% | 0.17↑102.6% | -7↓827.3% | -0.73↓1381.1% | -0.05 | |
| Income Tax Expense | 0.00↓90.3% | 0.03↑181.8% | 0.01↓52.2% | 0.02 | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -0.93↑94.0% | -15↓127.5% | -7↓800.4% | -0.75↓1427.9% | -0.05 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -0.93↑94.0% | -15↓127.5% | -7↓800.4% | -0.75↓1427.9% | -0.05 | |
| Bottom-Line Net Income | -0.93↑94.0% | -15↓127.5% | -7↓800.4% | -0.75↓1427.9% | -0.05 | |
| EPS (Basic) | -0.08↑86.1% | -0.58↓123.1% | -0.26↓818.7% | -0.03↓1247.6% | -0.00 | |
| EPS (Diluted) | -0.08↑86.1% | -0.58↓123.1% | -0.26↓818.7% | -0.03↓1247.6% | -0.00 | |
| Weighted Average Shares | 12↓56.5% | 27↑0.0% | 27↑0.0% | 27↑11.7% | 24 | |
| Weighted Average Diluted Shares | 12↓56.5% | 27↑0.0% | 27↑0.0% | 27↑11.7% | 24 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.