Stocks · Technology · Services-Prepackaged Software

FIREFLY NEUROSCIENCE, INC.

AIFF Clue Score30
United States Fiscal year ends December CIK 0000803578
$1.19 -1.65% Close, 9 Oct 2026
Price $1.19 −63.38% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue6.7Operating income−0.6Net income−0.6EPS, diluted−0.05Fiscal year 2017Revenue10.6 +58.1%Operating income0.2Net income0.2EPS, diluted0.02Fiscal year 2018Revenue8.9 −16.0%Operating income−0.1Net income−0.1 −120.7%EPS, diluted0.00 −100.0%Fiscal year 2019Revenue10.2 +13.8%Operating income−0.7Net income−0.7EPS, diluted−0.06Fiscal year 2020Revenue13.9 +36.8%Operating income0.4Net income0.4EPS, diluted0.03Fiscal year 2021Revenue15.0 +8.1%Operating income−2.6Net income−1.1 −373.7%EPS, diluted−0.09 −400.0%Fiscal year 2022Revenue12.0 −20.0%Operating income−5.4Net income−17.8Fiscal year 2023Revenue0.5 −95.9%Operating income−3.1Net income−2.6Fiscal year 2024Revenue0.1 −78.3%Operating income−10.1Net income−10.5Fiscal year 2025Revenue1.1 +957.4%Operating income−8.9Net income−19.9
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 6.7 10.6 8.9 10.2 13.9 15.0 12.0 0.5 0.1 1.1
Growth +58.1% −16.0% +13.8% +36.8% +8.1% −20.0% −95.9% −78.3% +957.4%
Operating income −0.6 0.2 −0.1 −0.7 0.4 −2.6 −5.4 −3.1 −10.1 −8.9
Net income −0.6 0.2 −0.1 −0.7 0.4 −1.1 −17.8 −2.6 −10.5 −19.9
Growth −120.7% −373.7%
EPS, diluted −0.05 0.02 0.00 −0.06 0.03 −0.09 n/a n/a n/a n/a
Growth −100.0% −400.0%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin27.1%Operating margin−8.4%Net margin−8.2%Free cash flow margin−4.0%Fiscal year 2017Gross margin22.7%Operating margin2.2%Net margin2.3%Free cash flow margin7.8%Fiscal year 2018Gross margin24.0%Operating margin−0.7%Net margin−0.6%Free cash flow margin−8.6%Fiscal year 2019Gross margin13.8%Operating margin−7.2%Net margin−7.1%Free cash flow margin−9.1%Fiscal year 2020Gross margin15.9%Operating margin3.0%Net margin3.0%Free cash flow margin2.6%Fiscal year 2021Gross margin24.1%Operating margin−17.5%Net margin−7.5%Free cash flow margin−5.4%Fiscal year 2022Gross margin23.8%Operating margin−45.1%Net margin−147.7%Free cash flow margin−54.5%Fiscal year 2023Gross margin525.0%Operating margin−618.1%Net margin−522.7%Free cash flow margin−436.1%Fiscal year 2024Gross margin100.0%Operating margin−9,309.3%Net margin−9,685.2%Fiscal year 2025Gross margin56.5%Operating margin−775.5%Net margin−1,741.0%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 27.1% 22.7% 24.0% 13.8% 15.9% 24.1% 23.8% 525.0% 100.0% 56.5%
Operating margin −8.4% 2.2% −0.7% −7.2% 3.0% −17.5% −45.1% −618.1% −9,309.3% −775.5%
Net margin −8.2% 2.3% −0.6% −7.1% 3.0% −7.5% −147.7% −522.7% −9,685.2% −1,741.0%
Free cash flow margin −4.0% 7.8% −8.6% −9.1% 2.6% −5.4% −54.5% −436.1% n/a n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow−0.3Capital expenditure−0.0Free cash flow−0.3Fiscal year 2017Operating cash flow0.8Capital expenditure−0.0Free cash flow0.8Fiscal year 2018Operating cash flow−0.8Capital expenditure−0.0Free cash flow−0.8 −192.1%Fiscal year 2019Operating cash flow−0.9Capital expenditure−0.0Free cash flow−0.9Fiscal year 2020Operating cash flow0.4Capital expenditure−0.1Free cash flow0.4Fiscal year 2021Operating cash flow−0.7Capital expenditure−0.1Free cash flow−0.8 −324.3%Fiscal year 2022Operating cash flow−6.0Capital expenditure−0.5Free cash flow−6.5Fiscal year 2023Operating cash flow−2.2Capital expenditure0.0Free cash flow−2.2Fiscal year 2024Operating cash flow−6.2Fiscal year 2025Operating cash flow−8.2
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −0.3 0.8 −0.8 −0.9 0.4 −0.7 −6.0 −2.2 −6.2 −8.2
Capital expenditure −0.0 −0.0 −0.0 −0.0 −0.1 −0.1 −0.5 0.0 n/a n/a
Free cash flow −0.3 0.8 −0.8 −0.9 0.4 −0.8 −6.5 −2.2 n/a n/a
Growth −192.1% −324.3%

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash1.9Shareholders’ equity1.6Fiscal year 2017Cash2.7Shareholders’ equity1.9Fiscal year 2018Cash2.0Shareholders’ equity1.9Fiscal year 2019Cash1.0Shareholders’ equity1.2Fiscal year 2020Cash1.9Total debt0.5Net cash (debt)1.4Shareholders’ equity1.6Debt to equity0.28Fiscal year 2021Cash4.9Shareholders’ equity17.4Fiscal year 2022Cash0.7Shareholders’ equity−2.2Fiscal year 2023Cash0.7Shareholders’ equity0.1Fiscal year 2024Shareholders’ equity−0.4Fiscal year 2025Cash2.7Shareholders’ equity7.6
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 1.9 2.7 2.0 1.0 1.9 4.9 0.7 0.7 n/a 2.7
Total debt n/a n/a n/a n/a 0.5 n/a n/a n/a n/a n/a
Net cash (debt) n/a n/a n/a n/a 1.4 n/a n/a n/a n/a n/a
Shareholders’ equity 1.6 1.9 1.9 1.2 1.6 17.4 −2.2 0.1 −0.4 7.6
Debt to equity n/a n/a n/a n/a 0.28 n/a n/a n/a n/a n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
27.1% 22.7% 24.0% 13.8% 15.9% 24.1% 23.8% 525.0% 100.0% 56.5%
−8.4% 2.2% −0.7% −7.2% 3.0% −17.5% −45.1% −618.1% −9,309.3% −775.5%
−8.2% 2.3% −0.6% −7.1% 3.0% −14.6% −45.7% −522.5% −9,683.3% −1,740.5%
−8.2% 2.3% −0.6% −7.1% 3.0% −7.5% −147.7% −522.7% −9,685.2% −1,741.0%
−4.0% 7.8% −8.6% −9.1% 2.6% −5.4% −54.5% −436.1% n/a n/a
Spending
n/a n/a n/a n/a n/a n/a n/a 148.8% 1,809.3% 129.8%
27.9% 15.7% 19.5% 18.4% 12.9% 41.5% 68.9% 1,173.1% 5,678.7% 610.2%
0.2% 0.0% 0.1% 0.1% 0.5% 0.5% 4.5% 0.0% n/a n/a
n/a n/a n/a n/a 0.0% n/a n/a n/a n/a n/a
Returns
−33.9% 13.0% −2.7% −61.7% 25.6% −6.5% n/a −2,388.1% n/a −260.3%
−14.8% 6.6% −1.7% −30.2% 11.0% −4.8% −222.4% −98.6% −227.3% −189.8%
Balance and payout
n/a n/a n/a n/a 0.28 n/a n/a n/a n/a n/a
56.5% 49.3% 38.1% 51.0% 57.2% 25.3% 53.3% 95.9% 108.2% 27.1%