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Limitless X Financials

LIMX
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Limitless X (LIMX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI LIMX FY2025

High-margin sales are being overwhelmed by overhead and interest, leaving the company reliant on external funding to keep operating.

Between FY2022 and FY2025, gross margin widened from 66.2% to 75.3%. But revenue shrank from $39.9M to $947K, which means the business improved per-dollar economics while losing so much scale that those better margins no longer support the corporate cost base.

In FY2025, gross profit was only $713K while SG&A reached $1.56M, so the remaining sales base is too small to absorb overhead. Interest expense added another $955K, larger than gross profit itself, which shows the constraint now sits in financing and corporate structure rather than in product markup.

FY2025 operating cash flow was -$1.61M and financing cash flow was $1.56M, an almost one-for-one replacement of internally burned cash with outside money. Even though total liabilities fell from $30.2M in FY2023 to $6.2M in FY2025, the business still appears to be functioning on recapitalization rather than self-funded liquidity.

Generated by Rhea from SEC filings [ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 17 / 100
Financial Profile 17/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Limitless X's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Leverage
100

Limitless X carries a low D/E ratio of -1.03, meaning only $-1.03 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
0

Limitless X's current ratio of 0.04 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Key Financial Metrics

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Earnings & Revenue

Revenue
$947K
5Y CAGR+114.2%

Limitless X generated $947K in revenue in fiscal year 2025.

EBITDA
N/A
Net Income
N/A
EPS (Diluted)
$-1.23
YoY-48.2%

Limitless X earned $-1.23 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 48.2% from the prior year.

Cash & Balance Sheet

Free Cash Flow
N/A
Cash & Debt
$7K
YoY-86.6%
5Y CAGR-36.4%

Limitless X held $7K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
17M
YoY+125.7%
5Y CAGR+9.5%

Limitless X had 17M shares outstanding in fiscal year 2025. This represents an increase of 125.7% from the prior year.

Margins & Returns

Gross Margin
75.3%
5Y CAGR+350.4pp

Limitless X's gross margin was 75.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs.

Operating Margin
N/A
Net Margin
N/A
Return on Equity
N/A

Capital Allocation

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
N/A

LIMX Income Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Revenue $144K-41.8% $248K-18.1% $303K+20.1% $252K N/A $607K-56.8% $1.4M+37.5% $1.0M
Cost of Revenue -$30K-150.6% $60K-31.2% $87K-25.9% $117K N/A $154K-62.7% $413K+71.0% $242K
Gross Profit $174K-7.3% $188K-12.8% $216K+60.1% $135K N/A $453K-54.4% $993K+27.1% $781K
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $361K-48.5% $702K+115.6% $325K+90.4% $171K N/A $55K-84.3% $348K+35.6% $257K
Operating Income N/A N/A -$777K N/A N/A -$502K+3.7% -$521K+46.5% -$975K
Interest Expense $338K+150.4% $135K+636.9% $18K-96.0% $463K N/A $194K+47.8% $131K+30.1% $101K
Income Tax N/A N/A N/A N/A N/A N/A $915 N/A
Net Income N/A N/A -$4.6M N/A N/A -$727K-11.1% -$654K+39.4% -$1.1M
EPS (Diluted) N/A $0.47+246.9% $-0.32+88.1% $-2.68 N/A $-0.17-6.3% $-0.16-23.1% $-0.13

LIMX Balance Sheet

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Total Assets $184K-0.2% $184K-85.3% $1.3M+521.2% $202K+67.1% $121K+4.3% $116K-71.0% $399K+11.5% $358K
Current Assets $172K-0.2% $172K-86.1% $1.2M+553.9% $190K+74.9% $109K+39.8% $78K-78.9% $368K+14.3% $322K
Cash & Equivalents $7K-86.1% $52K-39.4% $85K+115.7% $39K-26.3% $54K+120.4% $24K+327.8% $6K-75.2% $23K
Inventory $141K+59.6% $88K-6.3% $94K+9.9% $85K+364.2% $18K-35.2% $28K-13.5% $33K-55.8% $74K
Accounts Receivable N/A N/A $106 N/A $25K0.0% $25K-91.4% $290K+56.6% $185K
Goodwill N/A N/A N/A N/A N/A N/A N/A N/A
Total Liabilities $6.2M+26.3% $4.9M-87.7% $40.1M+2.8% $39.0M+161.1% $14.9M+6.8% $14.0M-56.3% $32.0M+2.2% $31.3M
Current Liabilities $4.5M+40.7% $3.2M-40.2% $5.3M+26.1% $4.2M-68.1% $13.2M+7.8% $12.2M-18.4% $15.0M+4.9% $14.3M
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity -$6.0M-27.3% -$4.7M+87.8% -$38.8M-0.1% -$38.8M-161.9% -$14.8M-6.9% -$13.9M+56.1% -$31.6M-2.1% -$30.9M
Retained Earnings -$85.0M-4.7% -$81.1M-3.9% -$78.1M-6.3% -$73.5M-89.1% -$38.8M-4.7% -$37.1M-33.1% -$27.9M-2.4% -$27.2M

LIMX Cash Flow Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Operating Cash Flow -$458K-104.4% -$224K-35.9% -$165K+78.3% -$760K-582.5% $157K+236.6% -$115K-116.5% $700K+210.6% -$633K
Capital Expenditures N/A N/A N/A N/A N/A N/A N/A N/A
Free Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Investing Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Financing Cash Flow $414K+151.1% -$809K-166.9% $1.2M+62.4% $746K+681.6% -$128K-195.7% $134K+203.2% $44K-91.8% $539K
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

LIMX Financial Ratios

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Gross Margin 121.0%+45.1pp 75.9%+4.6pp 71.3%+17.8pp 53.5% N/A 74.6%+4.0pp 70.6%-5.8pp 76.4%
Operating Margin N/A N/A -256.9% N/A N/A -82.7%-45.6pp -37.1%+58.3pp -95.3%
Net Margin N/A N/A -1521.4% N/A N/A -119.7%-73.2pp -46.5%+58.9pp -105.4%
Return on Equity N/A N/A N/A N/A N/A N/A N/A N/A
Return on Assets N/A N/A -367.0% N/A N/A -627.4%-463.6pp -163.8%+137.4pp -301.2%
Current Ratio 0.04-0.0 0.05-0.2 0.23+0.2 0.05+0.0 0.010.0 0.01-0.0 0.020.0 0.02
Debt-to-Equity -1.030.0 -1.040.0 -1.03-0.0 -1.010.0 -1.010.0 -1.010.0 -1.010.0 -1.01
FCF Margin N/A N/A N/A N/A N/A N/A N/A N/A

Note: Shareholder equity is negative (-$6.0M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.04), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

Limitless X (LIMX) reported $947K in total revenue for fiscal year 2025. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Limitless X (LIMX) reported diluted earnings per share of $-1.23 for fiscal year 2025. This represents a -48.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Limitless X (LIMX) had a gross margin of 75.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Limitless X (LIMX) generated -$1.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Limitless X (LIMX) had $184K in total assets as of fiscal year 2025, including both current and long-term assets.

Limitless X (LIMX) had 17M shares outstanding as of fiscal year 2025.

Limitless X (LIMX) had a current ratio of 0.04 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

Limitless X (LIMX) had a debt-to-equity ratio of -1.03 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Based on fiscal year 2025 data, Limitless X (LIMX) had $7K in cash against an annual operating cash burn of $1.6M. This gives an estimated cash runway of approximately 0 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Limitless X (LIMX) has negative shareholder equity of -$6.0M as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

Limitless X (LIMX) scores 17 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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