TG-17, Inc. (OBAI)

TG-17 Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2024	Dec 31, 2023
Revenue	9.6	9.74	7.19
Revenue Growth (YoY)	-	35.37%	-
Cost of Revenue	-	9.03	6.09
Gross Profit	0.5	0.71	1.11
Selling, General & Admin	-	7.58	6.67
Research & Development	-	2.71	2.98
Operating Expenses	-	10.29	9.65
Operating Income	-9.84	-9.58	-8.55
Interest Expense / Income	1.32	1.34	3.96
Other Expense / Income	0.02	-	-0.33
Pretax Income	-11.18	-10.92	-12.18
Income Tax	0.04	0.09	0.08
Net Income	-11.22	-11.02	-12.26
Free Cash Flow	-7.08	-8.22	-7.08
Gross Margin	5.25%	7.28%	15.38%
Operating Margin	-102.52%	-98.43%	-118.83%
Profit Margin	-116.87%	-113.16%	-170.43%
Free Cash Flow Margin	-73.68%	-84.42%	-98.50%
EBITDA	-9.81	-9.53	-8.17
EBITDA Margin	-102.19%	-97.83%	-113.64%
Depreciation & Amortization	0.05	0.06	0.04
EBIT	-9.86	-9.58	-8.22
EBIT Margin	-102.69%	-98.43%	-114.22%

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).