Firefly Neuroscience, Inc. financial data

Symbol
AIFF on Nasdaq
Industry
Services-Prepackaged Software
Location
1100 Military Road, Kenmore, NY
State of incorporation
DE
Fiscal year end
December 31
Former names
WAVEDANCER, INC. (to 8/12/2024), INFORMATION ANALYSIS INC (to 12/14/2021)
Latest financial report
10-K - Q4 2024 - Apr 3, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 70 % -18.1%
Debt-to-equity 397 %
Return On Equity -1.45K % -138%
Return On Assets -246 % -407%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 11.6M shares +477%
Common Stock, Shares, Outstanding 8.12M shares +121%
Entity Public Float 0 USD -100%
Common Stock, Value, Issued 0 USD
Weighted Average Number of Shares Outstanding, Basic 6.55M shares +102%
Weighted Average Number of Shares Outstanding, Diluted 671K shares +3.48%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 33K USD +43.5%
Research and Development Expense 878K USD +124%
Selling and Marketing Expense 431K USD +354%
General and Administrative Expense 2.99M USD +1535%
Operating Income (Loss) -10.1M USD -227%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -4.29M USD -560%
Income Tax Expense (Benefit) 2K USD +100%
Net Income (Loss) Attributable to Parent -10.5M USD -302%
Earnings Per Share, Basic -1.6 USD/shares -97.5%
Earnings Per Share, Diluted -0.58 USD/shares -261%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 244K USD -27.8%
Accounts Receivable, after Allowance for Credit Loss, Current 121K USD +44%
Other Assets, Current 3.55K USD
Assets, Current 2.63M USD +16.5%
Property, Plant and Equipment, Net 136K USD
Operating Lease, Right-of-Use Asset 29K USD -90.7%
Intangible Assets, Net (Excluding Goodwill) 180K USD -53.4%
Goodwill 1.13M USD 0%
Other Assets, Noncurrent 18.4K USD -10.7%
Assets 4.6M USD +74.2%
Accounts Payable, Current 1.82M USD +188%
Employee-related Liabilities, Current 527K USD -0.88%
Contract with Customer, Liability, Current 13K USD
Liabilities, Current 4.98M USD +96.5%
Deferred Income Tax Liabilities, Net 16.2K USD -72.6%
Operating Lease, Liability, Noncurrent 0 USD -100%
Liabilities 4.98M USD +96.5%
Retained Earnings (Accumulated Deficit) -87.1M USD -13.7%
Stockholders' Equity Attributable to Parent -375K USD -444%
Liabilities and Equity 4.6M USD +74.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -119K USD +93.3%
Net Cash Provided by (Used in) Financing Activities 0 USD -100%
Net Cash Provided by (Used in) Investing Activities 0 USD -100%
Common Stock, Shares Authorized 100M shares -61.4%
Common Stock, Shares, Issued 8.12M shares +121%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -119K USD -242%
Interest Paid, Excluding Capitalized Interest, Operating Activities 12.1K USD -34.2%
Deferred Tax Assets, Valuation Allowance 20.7M USD +19.4%
Deferred Tax Assets, Gross 20.7M USD +19.5%
Operating Lease, Liability 39.6K USD -90.2%
Payments to Acquire Property, Plant, and Equipment 0 USD -100%
Lessee, Operating Lease, Liability, to be Paid 40.1K USD -90.8%
Property, Plant and Equipment, Gross 491K USD 0%
Operating Lease, Liability, Current 39.6K USD -81.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 74.8K USD -57.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 175K USD -23.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure -20%
Deferred Income Tax Expense (Benefit) 0 USD -100%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 447 USD -98.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three 70.2K USD -6.13%
Deferred Tax Assets, Operating Loss Carryforwards 2.28M USD -14%
Preferred Stock, Shares Issued 0 shares -100%
Preferred Stock, Shares Authorized 1M shares -67.9%
Unrecognized Tax Benefits 0 USD
Additional Paid in Capital 86.7M USD +13%
Preferred Stock, Shares Outstanding 0 shares -100%
Amortization of Intangible Assets 44.1K USD 0%
Depreciation, Depletion and Amortization 52.4K USD -3.19%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Share-based Payment Arrangement, Expense 2.59M USD +779%
Interest Expense 78.6K USD -19.6%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%