Swarmer, Inc (SWMR)
Swarmer, Inc. is dedicated to developing cutting-edge autonomous drone technology and comprehensive solutions. The company's primary focus areas encompass artificial intelligence, hardware simulation, and live video streaming, all specifically designed for Unmanned Aerial Vehicle (UAV) operations. Swarmer offers AI-powered solutions that facilitate fully autonomous drone missions, with a strong emphasis on collaborative autonomy to minimize human involvement in high-risk environments. Their proprietary operating system is engineered to secure data storage, provide real-time status updates, and enable reliable video streaming from UAVs, ensuring consistent mission performance. Additionally, Swarmer delivers a sophisticated multi-level command and control system for managing diverse UAV fleets, allowing a single operator to integrate and manage multiple drones. The company further enhances UAV capabilities through advanced hardware simulation and robust video streaming functionalities. Swarmer's approach to drone autonomy is guided by core principles of transparency, dependability, and ethical AI. The company was founded in 2023 and is based in Wilmington, Delaware.
Sector: Services-Prepackaged Software
Industry: Software - Infrastructure
Swarmer, Inc Common Stock
No splits on record
Nothing in SWMR's public trading history: no forward or reverse split has affected the share count.
| Period | FY 2025 | FY 2024 |
|---|---|---|
| Currency | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 |
| Revenue | $310K | $329K |
| YoY Growth | -5.9% | - |
| Cost of Revenue | $182K | $188K |
| Gross Profit | $128K | $142K |
| Gross Margin | 41.2% | 43.0% |
| Research and Development | $2.58M | $1.01M |
| Selling, General, and Administrative | $2.67M | $369K |
| Other | $0 | $0 |
| Total Operating Expenses | $5.24M | $1.38M |
| Operating Income (EBIT) | -$5.12M | -$1.24M |
| Operating Margin | -1650.8% | -376.0% |
| Interest Expense | $0 | $0 |
| Interest Income | $0 | $0 |
| Other Income (Expense) | -$3.41M | -$829K |
| Income Before Tax (EBT) | -$8.53M | -$2.07M |
| Income Tax Expense | $0 | $2K |
| Net Income | -$8.53M | -$2.07M |
| Net Income Margin | -2752.1% | -628.3% |
| Supplementary Data | ||
| EPS | -0.69 | -1.26 |
| Diluted EPS | -0.69 | -1.26 |
| Weighted Average OS | 12.35M | 1.65M |
| EBITDA | -$8.49M | -$2.06M |
| EBITDA Margin | -2739.5% | -626.7% |
| Period | FY 2025 | FY 2024 |
|---|---|---|
| Currency | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 |
| Assets | ||
| Current Assets | ||
| Cash and Cash Equivalents | $9.28M | $2.08M |
| Short-Term Investments | $0 | $0 |
| Cash and Short-Term Investments | $9.28M | $2.08M |
| Accounts Receivable | $0 | $12K |
| Inventory | $0 | $0 |
| Other Current Assets | $115K | $49K |
| Total Current Assets | $9.4M | $2.14M |
| Long-Term Assets | ||
| Property, Plant & Equipment Net | $359K | $5K |
| Goodwill | $0 | $0 |
| Intangible Assets | $0 | $0 |
| Long-Term Investments | $0 | $0 |
| Deferred Tax Assets | $0 | $0 |
| Other Long-Term Assets | $579K | $0 |
| Total Long-Term Assets | $938K | $5K |
| Other Assets | $0 | $0 |
| Total Assets | $10.34M | $2.15M |
| Liabilities | ||
| Current Liabilities | ||
| Accounts Payable | $223K | $974 |
| Short-Term Debt | $71K | $0 |
| Current Income Tax Payable | $0 | $0 |
| Current Unearned Revenue | $23K | $0 |
| Other Current Liabilities | $857K | $251K |
| Total Current Liabilities | $1.19M | $252K |
| Long-Term Liabilities | ||
| Long-Term Debt | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 |
| Other Long-Term Liabilities | $0 | $3.96M |
| Total Long-Term Liabilities | $76K | $3.96M |
| Other Liabilities | $0 | $0 |
| Total Liabilities | $1.26M | $4.22M |
| Stockholders' Equity | ||
| Preferred Stock | $19.01M | $0 |
| Common Stock | $5 | $3 |
| Retained Earnings | -$10.6M | -$2.07M |
| Comprehensive Income & Other | -$5K | -$609 |
| Other Stockholders' Equity | $19.67M | $601 |
| Total Equity | $9.07M | -$2.07M |
| Minority Interest | $0 | $0 |
| Total Liabilities and Equity | $10.34M | $2.15M |
| Supplementary Data | ||
| Total Debt | $147K | $0 |
| Net Debt | -$9.14M | -$2.08M |
| Period | FY 2025 | FY 2024 |
|---|---|---|
| Currency | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 |
| Operating Activities | ||
| Net Income | -$8.53M | -$2.07M |
| Depreciation & Amortization | $39K | $4K |
| Deferred Income Tax | $0 | $0 |
| Stock-Based Compensation | $195K | $0 |
| Changes in Working Capital: | ||
| Accounts Receivable | $12K | -$12K |
| Inventory | $0 | $0 |
| Accounts Payable | $222K | $983 |
| Other Working Capital | -$55K | $202K |
| Total Working Capital Change | $180K | $190K |
| Other Non-Cash Items | $3.49M | $830K |
| Net Cash from Operating | -$4.62M | -$1.05M |
| Investing Activities | ||
| Capital Expenditures | -$247K | -$9K |
| Acquisitions | $0 | $0 |
| Purchases of Investments | $0 | $0 |
| Sales of Investments | $0 | $0 |
| Other Investing Activities | $0 | $0 |
| Net Cash from Investing | -$247K | -$9K |
| Financing Activities | ||
| Debt Repaid | - | - |
| Common Stock Issuance | $0 | $0 |
| Common Stock Repurchases | $0 | $0 |
| Dividends Paid | $0 | $0 |
| Other Financing Activities | $12.08M | $3.01M |
| Net Cash from Financing | $12.08M | $3.01M |
| Forex Effect | -$6K | -$167 |
| Net Change in Cash | $7.2M | $1.96M |
| Supplementary Data | ||
| Operating Cash Flow | -$4.62M | -$1.05M |
| Capital Expenditure | -$247K | -$9K |
| Free Cash Flow | -$4.87M | -$1.06M |
| Cash at Beginning | $2.08M | $125K |
| Cash at End | $9.28M | $2.08M |