AIFF: Firefly Neuroscience Inc Financial Statements

Balance sheet, income statement, and cash flow statements for Firefly Neuroscience Inc (AIFF).

OverviewDividends

$22.53M Market Cap.

As of 05/14/2025 5:00 PM ET (MRY) • Disclaimer

AIFF Market Cap. (MRY)


AIFF Shares Outstanding (MRY)


AIFF Assets (MRY)


Total Assets

$4.60M

Total Liabilities

$4.98M

Total Investments

$0

AIFF Income (MRY)


Revenue

$108.00K

Net Income

-$10.46M

Operating Expense

$10.16M

AIFF Cash Flow (MRY)


CF Operations

-$6.16M

CF Investing

-$477.00K

CF Financing

$6.30M

AIFF Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$4,601,000 (74.21%)

$2,641,000 (-66.91%)

$7,981,214 (-65.84%)

$23,362,643 (519.09%)

Assets Current

$2,628,000 (16.54%)

$2,255,000 (-19.55%)

$2,803,085 (-59.22%)

$6,873,154 (99.62%)

Assets Non-Current

$1,973,000 (411.14%)

$386,000 (-92.55%)

$5,178,129 (-68.60%)

$16,489,489 (4888.65%)

Goodwill & Intangible Assets

$180,000 (-53.37%)

$386,000 (-83.27%)

$2,306,884 (-85.24%)

$15,634,237 (0%)

Shareholders Equity

-$375,000 (-444.04%)

$109,000 (-97.08%)

$3,729,903 (-78.61%)

$17,441,172 (981.03%)

Property Plant & Equipment Net

$136,000 (0%)

$0 (0%)

$475,095 (-38.95%)

$778,152 (585.17%)

Cash & Equivalents

$1,810,000 (-15.54%)

$2,143,000 (193.13%)

$731,081 (-85.17%)

$4,931,302 (165.39%)

Accumulated Other Comprehensive Income

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Deferred Revenue

$13,000 (0%)

$0 (0%)

$182,756 (-2.18%)

$186,835 (-80.27%)

Total Investments

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Non-Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Inventory

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Trade & Non-Trade Receivables

$121,000 (44.05%)

$84,000 (-94.85%)

$1,629,559 (-2.12%)

$1,664,862 (15.44%)

Trade & Non-Trade Payables

$1,816,000 (188.25%)

$630,000 (-9.85%)

$698,822 (-20.11%)

$874,749 (206.64%)

Accumulated Retained Earnings (Deficit)

-$87,084,000 (-13.65%)

-$76,624,000 (-145.66%)

-$31,190,801 (-132.13%)

-$13,436,963 (-9.19%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$0 (0%)

$0 (0%)

$62,222 (-94.67%)

$1,167,504 (0%)

Total Debt

$694,000 (0%)

$0 (0%)

$932,120 (33.30%)

$699,248 (41.09%)

Debt Current

$694,000 (0%)

$0 (0%)

$628,342 (227.04%)

$192,128 (38.62%)

Debt Non-Current

$0 (0%)

$0 (0%)

$303,778 (-40.10%)

$507,120 (42.05%)

Total Liabilities

$4,976,000 (96.52%)

$2,532,000 (-40.44%)

$4,251,311 (-28.21%)

$5,921,471 (174.10%)

Liabilities Current

$4,976,000 (96.52%)

$2,532,000 (-34.88%)

$3,888,412 (96.20%)

$1,981,847 (9.90%)

Liabilities Non-Current

$0 (0%)

$0 (0%)

$362,899 (-90.79%)

$3,939,624 (1003.56%)

AIFF Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$108,000 (-78.31%)

$498,000 (-95.48%)

$11,022,982 (-26.68%)

$15,033,504 (8.13%)

Cost of Revenue

$0 (0%)

$0 (0%)

$8,160,138 (-28.53%)

$11,417,888 (-2.36%)

Selling General & Administrative Expense

$7,334,000 (158.69%)

$2,835,000 (-65.77%)

$8,281,801 (32.66%)

$6,242,765 (247.31%)

Research & Development Expense

$1,954,000 (163.70%)

$741,000 (0%)

$0 (0%)

$0 (0%)

Operating Expenses

$10,162,000 (184.17%)

$3,576,000 (-56.82%)

$8,281,801 (32.66%)

$6,242,765 (247.31%)

Interest Expense

$69,000 (283.33%)

$18,000 (-77.95%)

$81,621 (118.68%)

$37,325 (1094.40%)

Income Tax Expense

$2,000 (100.00%)

$1,000 (-99.88%)

$812,457 (175.87%)

-$1,070,854 (0%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$11,447,910 (0%)

$0 (0%)

Consolidated Income

-$10,460,000 (-301.84%)

-$2,603,000 (85.34%)

-$17,753,838 (-1469.12%)

-$1,131,449 (-373.71%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

-$10,460,000 (-301.84%)

-$2,603,000 (85.34%)

-$17,753,838 (-1469.12%)

-$1,131,449 (-373.71%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

-$10,460,000 (-301.84%)

-$2,603,000 (85.34%)

-$17,753,838 (-1469.12%)

-$1,131,449 (-373.71%)

Weighted Average Shares

$6,546,769 (102.48%)

$3,233,270 (448.37%)

$589,617 (40.68%)

$419,133 (12.04%)

Weighted Average Shares Diluted

$6,546,769 (102.48%)

$3,233,270 (448.37%)

$589,617 (40.68%)

$419,133 (4.35%)

Earning Before Interest & Taxes (EBIT)

-$10,389,000 (-302.05%)

-$2,584,000 (84.67%)

-$16,859,760 (-678.75%)

-$2,164,978 (-619.80%)

Gross Profit

$108,000 (-78.31%)

$498,000 (-82.60%)

$2,862,844 (-20.82%)

$3,615,616 (63.65%)

Operating Income

-$10,054,000 (-226.64%)

-$3,078,000 (43.20%)

-$5,418,957 (-106.27%)

-$2,627,149 (-737.89%)

AIFF Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$477,000 (-23.58%)

-$386,000 (27.97%)

-$535,902 (94.41%)

-$9,582,184 (-14745.28%)

Net Cash Flow from Financing

$6,299,000 (35.67%)

$4,643,000 (97.60%)

$2,349,642 (-82.45%)

$13,390,341 (2810.94%)

Net Cash Flow from Operations

-$6,155,000 (-183.38%)

-$2,172,000 (63.88%)

-$6,013,961 (-718.21%)

-$735,015 (-273.65%)

Net Cash Flow / Change in Cash & Cash Equivalents

-$333,000 (-115.97%)

$2,085,000 (149.64%)

-$4,200,221 (-236.68%)

$3,073,142 (275.36%)

Net Cash Flow - Business Acquisitions and Disposals

-$62,000 (0%)

$0 (0%)

$0 (0%)

-$9,512,430 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Capital Expenditure

-$415,000 (-7.51%)

-$386,000 (27.97%)

-$535,902 (-668.27%)

-$69,754 (-8.07%)

Issuance (Repayment) of Debt Securities

$1,955,000 (0%)

$0 (0%)

$425,000 (0%)

$0 (0%)

Issuance (Purchase) of Equity Shares

$4,344,000 (-6.44%)

$4,643,000 (141.24%)

$1,924,642 (-85.63%)

$13,390,341 (133803.41%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Share Based Compensation

$2,594,000 (779.32%)

$295,000 (-76.89%)

$1,276,455 (-31.70%)

$1,868,897 (6664.50%)

Depreciation Amortization & Accretion

$67,000 (0%)

$0 (0%)

$403,056 (204.72%)

-$384,893 (-3290.96%)

AIFF Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

100.00% (0.00%)

100.00% (284.62%)

26.00% (7.88%)

24.10% (51.57%)

Profit Margin

-9685.20% (-1752.92%)

-522.70% (-224.46%)

-161.10% (-2048.00%)

-7.50% (-350.00%)

EBITDA Margin

-9557.40% (-1741.86%)

-518.90% (-247.56%)

-149.30% (-778.24%)

-17.00% (-648.39%)

Return on Average Equity (ROAE)

-762.30% (-484.59%)

-130.40% (14.10%)

-151.80% (-848.75%)

-16.00% (-147.20%)

Return on Average Assets (ROAA)

-246.30% (-406.79%)

-48.60% (54.83%)

-107.60% (-954.90%)

-10.20% (-168.00%)

Return on Sales (ROS)

-9619.40% (-1753.81%)

-518.90% (-239.15%)

-153.00% (-962.50%)

-14.40% (-580.00%)

Return on Invested Capital (ROIC)

1939.90% (435.62%)

-578.00% (45.98%)

-1069.90% (-731.96%)

-128.60% (-301.88%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0% (0%)

Price to Earnings Ratio (P/E)

-1.66 (73.54%)

-6.26 (-1209.41%)

-0.48 (99.13%)

-55 (-251.72%)

Price to Sales Ratio (P/S)

160.64 (388.01%)

32.92 (4174.94%)

0.77 (-81.40%)

4.14 (253.85%)

Price to Book Ratio (P/B)

-60.09 (-292.51%)

31.21 (1165.77%)

2.47 (-35.68%)

3.83 (-62.12%)

Debt to Equity Ratio (D/E)

-13.27 (-157.12%)

23.23 (1937.63%)

1.14 (235.29%)

0.34 (-74.61%)

Earnings Per Share (EPS)

-1.6 (-97.53%)

-0.81 (97.31%)

-30.09 (-1014.44%)

-2.7 (-325.00%)

Sales Per Share (SPS)

0.02 (-89.61%)

0.15 (-99.18%)

18.7 (-47.88%)

35.87 (-3.49%)

Free Cash Flow Per Share (FCFPS)

-1 (-26.93%)

-0.79 (92.88%)

-11.11 (-478.59%)

-1.92 (-300.21%)

Book Value Per Share (BVPS)

-0.06 (-267.65%)

0.03 (-99.46%)

6.33 (-84.80%)

41.61 (864.80%)

Tangible Assets Book Value Per Share (TABVPS)

0.68 (-3.16%)

0.7 (-92.76%)

9.62 (-47.81%)

18.44 (82.78%)

Enterprise Value Over EBIT (EV/EBIT)

-2 (-100.00%)

-1 (0%)

0 (0%)

-30 (-181.08%)

Enterprise Value Over EBITDA (EV/EBITDA)

-2.06 (-53.57%)

-1.34 (-168.80%)

-0.5 (98.04%)

-25.53 (-171.12%)

Asset Turnover

0.03 (-73.12%)

0.09 (-86.08%)

0.67 (-50.70%)

1.35 (-73.08%)

Current Ratio

0.53 (-40.74%)

0.89 (23.58%)

0.72 (-79.21%)

3.47 (81.67%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

-$6,570,000 (-156.84%)

-$2,558,000 (60.95%)

-$6,549,863 (-713.88%)

-$804,769 (-324.35%)

Enterprise Value (EV)

$21,303,917 (513.48%)

$3,472,632 (-57.82%)

$8,232,723 (-87.35%)

$65,091,706 (323.15%)

Earnings Before Tax (EBT)

-$10,458,000 (-301.92%)

-$2,602,000 (84.64%)

-$16,941,381 (-669.26%)

-$2,202,303 (-632.76%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

-$10,322,000 (-299.46%)

-$2,584,000 (84.30%)

-$16,456,704 (-545.39%)

-$2,549,871 (-694.98%)

Invested Capital

-$1,671,000 (30.95%)

-$2,420,000 (-221.79%)

$1,986,957 (31.20%)

$1,514,505 (149.17%)

Working Capital

-$2,348,000 (-747.65%)

-$277,000 (74.48%)

-$1,085,327 (-122.19%)

$4,891,307 (198.28%)

Tangible Asset Value

$4,421,000 (96.05%)

$2,255,000 (-60.26%)

$5,674,330 (-26.58%)

$7,728,406 (104.80%)

Market Capitalization

$22,533,917 (562.32%)

$3,402,274 (-63.01%)

$9,197,546 (-86.25%)

$66,877,916 (309.55%)

Average Equity

$1,372,140 (-31.24%)

$1,995,632 (-82.93%)

$11,693,995 (65.05%)

$7,084,910 (481.28%)

Average Assets

$4,246,659 (-20.77%)

$5,360,036 (-67.50%)

$16,494,058 (48.68%)

$11,093,453 (301.66%)

Invested Capital Average

-$535,544 (-219.80%)

$447,021 (-71.63%)

$1,575,861 (-6.43%)

$1,684,126 (157.47%)

Shares

8,503,365 (1167.16%)

671,059 (5.04%)

638,851 (41.85%)

450,356 (19.97%)