FY2025 · ended Dec 31, 2025 · Revenue $4.52M, -18.4% YoY · Filed Apr 30, 2026
SAIHEAT Limited (SAIH) files with the SEC under industry code 6199, Finance Services. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $4.5 million and a net loss of $6.5 million. As of Dec 31, 2025 it held $202,000 in cash and investments and $4.2 million in total debt.
Revenue
$4.52M
-18.4% vs prior year
Net income
$-6.45M
-9.7% vs prior year
Operating cash flow
$-7.62M
-37.1% vs prior year
Free cash flow
$-6.27M
+23.3% vs prior year
EPS
$-3.51
-1.6% vs prior year
Dividend per share
None
Shares outstanding
14.41M
+8.2% vs prior year
Net cash
$-3.99M
FY 2025
Operating margin
-150.9%
FY 2025
Company profile
- Industry
- Finance Services (SIC 6199)
- Listed as
- SAIH (Nasdaq), SAIHW (Nasdaq)
- Fiscal year ends
- December 31
- Headquarters
- New York, NY
- SEC filer status
- Non-accelerated filer, Emerging growth company
- SEC CIK
- 1847075
- Former names
- SAI.TECH Global Corp (until Aug 15, 2024); TradeUP Global Corp (until May 2, 2022)
Other Finance Services companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $4.5M | $5.5M | $6.8M | $10.6M | — |
| Operating income | -$6.8M | -$7.9M | -$7.4M | -$7.5M | -$16.5M |
| Net income | -$6.5M | -$5.9M | -$6.1M | -$8.8M | -$16.7M |
| Diluted EPS | -$3.51 | -$3.46 | -$3.79 | -$6.72 | -$1.43 |
| Operating cash flow | -$7.6M | -$5.6M | -$3.1M | -$4.9M | -$983,000 |
| Free cash flow | — | -$6.3M | -$8.2M | -$6.8M | — |
| Total assets | $12.7M | $18.5M | $18.1M | $21.1M | $11.5M |
| Total liabilities | $5.3M | $4.2M | $1.3M | $786,000 | $1.4M |
| Stockholders' equity | $7.4M | $14.4M | $16.8M | $20.3M | -$2.4M |
| Cash and investments | $202,000 | $4.1M | $3.2M | $11.2M | $4.5M |
| Total debt | $4.2M | $2.7M | $810,000 | $419,000 | — |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 6-K | Current report (foreign issuer) | Sep 30, 2026 | Sep 29, 2026 |
| 6-K | Current report (foreign issuer) | Aug 26, 2026 | Aug 26, 2026 |
| 6-K | Current report (foreign issuer) | Aug 13, 2026 | Aug 12, 2026 |
| 6-K | Current report (foreign issuer) | Aug 10, 2026 | Aug 10, 2026 |
| 6-K | Current report (foreign issuer) | Jun 5, 2026 | Jun 5, 2026 |
| 20-F | Annual report (foreign issuer) | Apr 30, 2026 | Dec 31, 2025 |
All 173 SAIHEAT Limited SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.