TOGI TurnOnGreen, Inc.

Overview and Growth

TurnOnGreen, Inc. generated $7.23M of revenue in fiscal 2025, with net loss of $2.11M and an operating cash outflow of $2.95M. At $7.23M, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. The top line expanded 47.1% from $4.91M in fiscal 2024, increasing the company’s operating scale. The company reported diluted EPS of -$0.01, adding a shareholder-level measure to the absolute income figures considered below. The diluted weighted-average share count was 183.98M, linking total earnings with the per-share result received by shareholders. Compared with 183.94M diluted shares in fiscal 2024, the current 183.98M base was 0.0% higher. The company employed $3.23M of total assets, the balance-sheet base supporting its current operating and cash-flow results. Asset turnover was 2.24x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

After reported cost of revenue, the company retained $3.32M as gross profit before recognizing operating expenses and other items. The gross-profit relationship equaled 45.9% of revenue, quantifying the portion retained before operating expenses were recognized. The reported operating result was an operating loss of $1.33M, reflecting costs that exceeded gross profit. The operating loss equaled 18.5% of revenue, showing the scale of the operating deficit relative to sales. The bottom-line result was a net loss of $2.11M after operating, financing, tax, and other recognized items. The net loss equaled 29.2% of revenue, showing the bottom-line deficit relative to the company’s sales base. Negative EBITDA totaled $1.28M, confirming that the earnings deficit remained before depreciation and amortization. The company reported a pretax loss of $2.11M, before the effect of income taxes. Pretax margin was -29.2%, reflecting a pre-tax loss equal to 29.2% of revenue. Income tax expense totaled $2.00K, providing the reported tax component that separates pretax and after-tax earnings. Relative to total assets, the net loss represented 65.5%. The net loss narrowed to $2.11M from $3.97M in fiscal 2024.

Liquidity and Capital Structure

At period end, the $3.23M asset base was financed through $11.07M of liabilities and -$32.84M of equity. The company reported negative equity of -$32.84M, a capital deficit that reduces its ability to absorb losses through book equity. At period end, current assets of $2.57M compared with current liabilities of $10.93M, defining the company’s short-term resource position. At 0.24x, current liabilities exceeded current assets and placed pressure on the company’s near-term liquidity position. Reported cash and equivalents were $65.00K, separating immediately recognizable cash resources from the rest of the current-asset base. Measured only with cash and equivalents, coverage of current liabilities was 0.6%, excluding receivables and other current assets. The liabilities-to-assets relationship was 343.0%, placing reported obligations against the full positive asset balance. Cash and equivalents equaled 2.0% of total assets, showing the liquid cash component within the company’s broader resource base. Compared with $2.75M in fiscal 2024, the current asset base moved 17.6% and finished higher. Cash and equivalents were 140.7% higher than fiscal 2024 cash of $27.00K, showing the year-over-year change in liquid resources.

Cash Flow and Earnings Quality

The company reported an operating cash outflow of $2.95M, rather than cash generation from operations. Capital expenditures used $80.00K in addition to the operating cash outflow, increasing the total cash consumed by operations and investment during the period. The company recorded a $3.03M cash deficit after capital spending for the period. Relative to revenue, the post-investment cash deficit represented 42.0%. The free-cash-flow deficit equaled 94.0% of total assets, placing the cash shortfall against the company’s resource base. The operating cash outflow widened to $2.95M from $2.67M in fiscal 2024.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.