Freight Technologies, Inc. (FRGT)

Nasdaq: FRGT · Arrangement of Transportation of Freight & Cargo · The Woodlands, TX · filing with the SEC since 2016

Grade3.2

◀ Past 1.8● Present 3.5▶ Future 3.8

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	May 14, 2026	Apr 14, 2025	May 9, 2024	Apr 21, 2023	Apr 29, 2022	May 5, 2021	Jun 15, 2020	May 10, 2019	May 15, 2018	·
Revenue	13,062,534	13,728,922	17,060,753	25,888,436	21,474,151	618	1,366,417	14,402,329	25,116,139	15,821,980
For lenders
Interest and dividend income	·	·	·	·	5	14	666	16,182	13,600	1,273
Interest and investment income	·	1,770	8,880	·	·	·	·	·	·	·
Cost of revenue	·	·	·	·	·	·	123	654,979	729,752	380,072
Gross profit	·	·	·	·	·	618	1,366,294	13,747,350	24,386,387	15,441,908
Research and development	·	·	·	·	0	0	0	3,512,512	92,683	·
Sales and marketing	118,392	65,574	80,328	557,471	91,657	10,748	100,460	576,526	371,383	245,246
General and administrative	2,445,918	1,983,901	3,163,639	3,560,615	2,618,126^r	4,123,108	1,893,499	11,664,394	3,169,855	1,348,862
Total operating expenses	·	·	·	·	2,495,308	4,133,856	1,993,959	15,753,432	3,782,029	1,895,209
Total costs and expenses	18,956,599	20,219,173	25,321,951	32,950,043	26,283,015^r	4,133,856	1,993,959	·	·	·
Operating income	-5,894,065	-6,490,251	-8,261,198	-7,061,607	-4,808,864^r	-4,133,238	-627,665	-2,006,082	20,604,358	13,546,699
Interest expense	762,399	675,628	816,819	907,013	1,136,096	·	·	·	·	·
Other income (expense), net	·	·	-498,917	·	349,023	38,870	-5,611,484	-510,200	·	·
Total non-operating income (expense)	-1,955,335	956,510	-961,460	·	349,778	-4,942,115	-61,360,850	-3,514,782	4,077,142	2,794,890
Income before income taxes	-7,849,400	-5,533,741	-9,222,658	-8,096,671	-8,160,541^r	-9,075,353	-61,988,515	-5,520,864	24,681,499	16,341,589
Income tax expense	52,377	67,486	104,948	90,511	40,264	·	7,243	-1,702,127	633,315	2,452,822
Net income	-7,901,777	-5,601,227	-9,327,606	-8,187,182	-8,200,805^r	-9,075,353	-61,995,758	-3,818,737	24,048,184	13,888,767
Earnings per share, basic	-13.95	-122.72^r	-3,897.87^r	-10,480.00^rb	-52,675.00^rb	-7,100.00^b	-70,100.00^rb	·	·	·
Earnings per share, diluted	-13.95	-122.72^r	-3,897.87^r	-10,480.00^b	-52,675.00^b	·	·	·	·	·
Earnings per share, basic and diluted	·	·	·	·	·	-7,100.00^b	-70,100.00^rb	-4,250.00^rb	5,750.00^rb	3,450.00^rb
Weighted average shares, basic	566,330	45,642^r	2,393^r	781^rb	156^rb	1,281^b	885^b	·	·	·
Weighted average shares, diluted	566,330	45,642^r	2,393^r	781^b	156^b	·	·	·	·	·
Weighted average shares, basic and diluted	·	·	·	·	·	1,281^b	885^rb	885^rb	4,176^b	4,000^b

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 1-for-20 reverse split.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:Revenues

Interest and dividend income what its loans and securities earnedus-gaap:InterestAndDividendIncomeOperating

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:OperatingCostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing cost

us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted

SI Assistanton FRGT · research, not advice