SAIHEAT Ltd Financial Summary

Complete Filing Data

SAIHEAT Ltd reported Stockholders Equity of $14.37 million for FY2024.

All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean SAIHEAT Ltd did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.

Income Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020
Net Income *-$5.9M-$6.1M-$8.8M-$16.7M$403.0K
Operating Income Loss-$7.9M-$7.4M-$7.5M-$16.5M$282.0K
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest-$5.9M-$6.1M-$8.8M-$16.7M$456.0K
Selling And Marketing Expense$284.0K$1.1M$1.1M$14.8M$1.0K
Revenues$5.5M$6.8M$10.6M$17.0M$2.0M
Research And Development Expense$642.0K$853.0K$476.0K$419.0K$348.0K
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax-$25.0K-$56.0K-$544.0K$57.0K$28.0K
Operating Expenses$6.9M$7.8M$8.6M$17.7M$620.0K
Gross Profit-$1.0M$457.0K$1.1M$1.3M$902.0K
General And Administrative Expense$6.0M$5.7M$6.1M$2.4M$231.0K
Cost Of Revenue$6.6M$6.3M$9.5M$15.8M$1.1M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ1 2022Q3 2021Q2 2021Q1 2021
Net Income *-$632.2K-$551.8K-$22.5K-$4.5K
Operating Income Loss-$635.8K-$552.5K-$23.0K-$4.5K
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest-$632.2K-$551.8K-$22.5K-$4.5K
Selling And Marketing Expense
Revenues
Research And Development Expense
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
Operating Expenses
Gross Profit
General And Administrative Expense
Cost Of Revenue

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020FY2019
Stockholders Equity$14.4M$16.8M$20.3M-$2.4M$496.0K
Cash And Cash Equivalents At Carrying Value$1.0M$3.2M$11.2M$4.5M
Retained Earnings Accumulated Deficit-$37.2M-$31.3M-$25.3M-$16.4M
Liabilities Current$3.7M$686.0K$555.0K$1.4M
Liabilities And Stockholders Equity$18.5M$18.1M$21.1M$11.5M
Assets Current$10.9M$12.3M$18.7M$6.9M
Assets$18.5M$18.1M$21.1M$11.5M
Liabilities$4.2M$1.3M$786.0K$1.4M
Gain Loss On Investments$2.0K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$3.2M$11.2M$4.5M$1.3M$130.0K
Temporary Equity Carrying Amount Attributable To Parent
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
Assets Held In Trust Noncurrent
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations$1.1M$3.2M$11.2M$4.5M
Deferred Compensation Liability Classified Noncurrent
Common Stock Value1
Common Stock Value
Accounts Payable And Accrued Liabilities Current
Deferred Costs Current
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect-$2.1M-$8.0M$6.7M$3.2M$1.2M
Repayments Of Related Party Debt$225.0K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ1 2022Q4 2021Q3 2021Q2 2021Q1 2021
Stockholders Equity-$3.7M-$1.7M-$1.2M$20.5K
Cash And Cash Equivalents At Carrying Value$60.4K$50.3K$702.8K$40.6K
Retained Earnings Accumulated Deficit-$3.7M-$1.7M-$27.1K-$4.5K
Liabilities Current$2.2M$346.0K$326.9K$292.3K
Liabilities And Stockholders Equity$45.0M$45.1M$45.6M$312.8K
Assets Current$107.3K$204.6K$738.0K$40.6K
Assets$45.0M$45.1M$45.6M$312.8K
Liabilities$3.8M$1.9M$1.9M
Gain Loss On Investments$3.7K$690.00$428.00
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$60.4K$50.3K$702.8K$40.6K
Temporary Equity Carrying Amount Attributable To Parent$44.9M$44.9M$44.9M$38.7M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect$32.3K$40.6K
Assets Held In Trust Noncurrent$44.9M$44.9M$44.9M$44.9M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
Deferred Compensation Liability Classified Noncurrent$1.6M$1.6M
Common Stock Value1$27.00$27.00
Common Stock Value$107.00$107.00
Accounts Payable And Accrued Liabilities Current$1.9M$1.5M
Deferred Costs Current$5.0K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect$40.6K
Repayments Of Related Party Debt

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020
Net Cash Provided By Used In Operating Activities-$5.6M-$3.1M-$4.9M-$983.0K-$1.0M
Net Cash Provided By Used In Financing Activities$2.1M$9.0K$18.5M$8.2M$2.9M
Net Cash Provided By Used In Investing Activities$1.3M-$4.9M-$6.4M-$4.0M-$759.0K
Proceeds From Issuance Of Promissory Note To Related Party
Payments Of Stock Issuance Costs$624.1K
Increase Decrease In Prepaid Expense$74.1K
Increase Decrease In Accounts Payable And Accrued Liabilities$1.2M
Proceeds From Related Party Debt$158.0K
Proceeds From Issuance Of Private Placement$2.2M
Proceeds From Issuance Initial Public Offering$40.0M
Payments To Acquire Property Plant And Equipment$713.0K$5.0M$1.9M$4.0M$325.0K
Increase Decrease In Prepaid Deferred Expense And Other Assets$756.0K$277.0K-$797.0K$640.0K$237.0K
Increase Decrease In Inventories$735.0K-$106.0K-$30.0K-$721.0K$851.0K
Increase Decrease In Accrued Liabilities And Other Operating Liabilities-$224.0K$202.0K$278.0K-$220.0K$228.0K
Increase Decrease In Accounts Receivable-$858.0K-$686.0K$366.0K$1.1M$49.0K
Increase Decrease In Accounts Payable$396.0K-$119.0K-$1.1M$1.2M$45.0K
Share Based Compensation$3.5M$2.6M$1.1M$14.5M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ1 2022Q1 2021
Net Cash Provided By Used In Operating Activities-$125.7K-$4.5K
Net Cash Provided By Used In Financing Activities$158.0K$45.1K
Net Cash Provided By Used In Investing Activities
Proceeds From Issuance Of Promissory Note To Related Party$158.0K$90.0K
Payments Of Stock Issuance Costs$44.9K
Increase Decrease In Prepaid Expense-$27.1K
Increase Decrease In Accounts Payable And Accrued Liabilities$483.0K
Proceeds From Related Party Debt$90.0K
Proceeds From Issuance Of Private Placement
Proceeds From Issuance Initial Public Offering
Payments To Acquire Property Plant And Equipment
Increase Decrease In Prepaid Deferred Expense And Other Assets
Increase Decrease In Inventories
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
Increase Decrease In Accounts Receivable
Increase Decrease In Accounts Payable
Share Based Compensation

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020
Diluted EPS *-$3.46-$3.79-$6.72-$1.43
Weighted Average Number Of Shares Outstanding Basic1.7M1.6M1.3M12.4M12.4M
Weighted Average Number Of Diluted Shares Outstanding1.7M1.6M1.3M12.4M12.4M
Earnings Per Share Basic$-3.46$-3.79$-6.72$-1.43
Preferred Stock Shares Authorized
Preferred Stock Par Or Stated Value Per Share
Temporary Equity Redemption Price Per Share

Quarterly (10-Q, single quarters)

Metric \ QuarterQ1 2022Q4 2021Q3 2021Q2 2021Q1 2021
Diluted EPS *-$0.11-$0.09-$0.02$0.00
Weighted Average Number Of Shares Outstanding Basic4.5M1.3M
Weighted Average Number Of Diluted Shares Outstanding1.3M1.3M1.0M
Earnings Per Share Basic$-0.11$-0.09
Preferred Stock Shares Authorized1.0M1.0M1.0M1.0M1.0M
Preferred Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00
Temporary Equity Redemption Price Per Share$10.00$10.00$10.00

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020
Operating Costs And Expenses$1.9M
Stock Issued During Period Value New Issues$25.0K
Prepaid Expense Current
Investment Income Interest$2.0K
Ordinary Shares Subject To Possible Redemption
Due To Related Parties Current
Offering Costs Paid By Sponsor In Exchange For Issuance Of Class B Ordinary Shares
Noninterest Expense Offering Cost
Stock Issued During Period Value Issued For Services$4.9M
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs Underwriters Marketing Fees$1.6M
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs$936.4K
Additional Paid In Capital$52.1M$48.7M$46.0M$14.0M
Depreciation And Amortization$1.7M$1.3M$1.7M$309.0K$83.0K

Quarterly (10-Q, single quarters)

Metric \ QuarterQ1 2022Q4 2021Q3 2021Q2 2021Q1 2021
Operating Costs And Expenses$635.8K$552.5K$23.0K$4.5K
Stock Issued During Period Value New Issues$25.0K
Prepaid Expense Current$47.0K$74.1K$154.3K$35.2K
Investment Income Interest$3.7K
Ordinary Shares Subject To Possible Redemption4.5M4.5M
Due To Related Parties Current$288.0K$130.0K
Offering Costs Paid By Sponsor In Exchange For Issuance Of Class B Ordinary Shares25.0K
Noninterest Expense Offering Cost$197.3K
Stock Issued During Period Value Issued For Services$4.9M
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs Underwriters Marketing Fees-$1.6M
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs$936.4K
Additional Paid In Capital$5.0M$24.9K
Depreciation And Amortization

Most recent annual filing with the SEC: April 28, 2025

Data sourced from SEC EDGAR public filings as of August 5, 2026.