ULY (ULY)
Urgent.ly Inc. Common Stock
NASDAQ:ULYTechnology · Software - Application
Mkt Cap-
Float1.18M
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$129.19M
Net Income-$20.43M
Total Assets$43.65M
Free Cash Flow-$7.52M
Debt & Equity
Debt 376%
Total Debt$63.31M
Total Equity-$46.45M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
2-year cumulative
1:12
Nasdaq bars a compliance period at 1:250
- 1:12Reverse splitMar 18, 202512 shares → 1
Balance Sheet Details
Assets$43.65M
Liabilities$90.1M
Accounts Receivable$21.9M
Accounts Payable$2.51M
Inventory$0
PP&E (Net)$8.33M
Goodwill$0
Intangible Assets$2.84M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Revenue | $129.19M | $142.91M | $184.65M | $187.59M | $148.51M |
| YoY Growth | -9.6% | -22.6% | -1.6% | 26.3% | - |
| Cost of Revenue | $100.99M | $111.35M | $146.77M | $167.44M | $140.09M |
| Gross Profit | $28.21M | $31.56M | $37.88M | $20.15M | $8.41M |
| Gross Margin | 21.8% | 22.1% | 20.5% | 10.7% | 5.7% |
| Research and Development | $7.21M | $13.93M | $16.91M | $16.73M | $12.25M |
| Selling, General, and Administrative | $20.12M | $27.16M | $41.73M | $19.78M | $17M |
| Other | $9.75M | $17.66M | $25.34M | $37.19M | $28.92M |
| Total Operating Expenses | $37.08M | $58.75M | $83.98M | $73.7M | $58.17M |
| Operating Income (EBIT) | -$8.87M | -$27.19M | -$46.1M | -$53.55M | -$49.76M |
| Operating Margin | -6.9% | -19.0% | -25.0% | -28.5% | -33.5% |
| Interest Expense | $13.59M | $14.23M | $46.8M | $31.45M | $3.71M |
| Interest Income | $0 | $1.04M | $509K | $7K | $5K |
| Other Income (Expense) | -$13.44M | -$15.59M | $118.69M | -$42.43M | -$6.58M |
| Income Before Tax (EBT) | -$22.31M | -$42.78M | $72.59M | -$95.98M | -$56.34M |
| Income Tax Expense | -$1.89M | $1.25M | -$2.14M | $0 | $0 |
| Net Income | -$20.43M | -$44.03M | $74.73M | -$95.98M | -$56.34M |
| Net Income Margin | -15.8% | -30.8% | 40.5% | -51.2% | -37.9% |
| Supplementary Data | |||||
| EPS | -13.69 | -39.14 | 5.61 | -7.70 | -4.52 |
| Diluted EPS | -13.69 | -39.14 | 5.61 | -7.70 | -4.52 |
| Weighted Average OS | 1.49M | 1.12M | 13.31M | 12.46M | 12.46M |
| EBITDA | -$4.16M | -$23.71M | $121.05M | -$63.56M | -$52.38M |
| EBITDA Margin | -3.2% | -16.6% | 65.6% | -33.9% | -35.3% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Assets | |||||
| Current Assets | |||||
| Cash and Cash Equivalents | $5.29M | $14.05M | $37.7M | $6.36M | $30.16M |
| Short-Term Investments | $0 | $0 | $31.36M | $0 | $0 |
| Cash and Short-Term Investments | $5.29M | $14.05M | $69.05M | $6.36M | $30.16M |
| Accounts Receivable | $21.9M | $22.89M | $33.91M | $33.97M | $32.75M |
| Inventory | $0 | $0 | $0 | $1.05M | $1.05M |
| Other Current Assets | $3.38M | $3.81M | $4.91M | $2.1M | $2.1M |
| Total Current Assets | $30.57M | $40.76M | $107.86M | $43.48M | $66.06M |
| Long-Term Assets | |||||
| Property, Plant & Equipment Net | $8.33M | $2.39M | $3.31M | $2.9M | $503K |
| Goodwill | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $2.84M | $9.03M | $9.28M | $31K | $31K |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $1.92M | $1.9M | $738K | $538K | $1.22M |
| Total Long-Term Assets | $13.08M | $13.31M | $13.33M | $3.47M | $1.75M |
| Other Assets | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $43.65M | $54.07M | $121.19M | $46.94M | $67.81M |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $2.51M | $2.9M | $4.48M | $7.54M | $4.39M |
| Short-Term Debt | $63.31M | $14.26M | $3.19M | $840K | $2.82M |
| Current Income Tax Payable | $0 | $3.14M | $1.75M | $0 | $0 |
| Current Unearned Revenue | $0 | $153K | $456K | $349K | $127K |
| Other Current Liabilities | $24.28M | $1.19M | $15.08M | $214K | $6.48M |
| Total Current Liabilities | $90.1M | $37.59M | $31.11M | $28.44M | $17.35M |
| Long-Term Liabilities | |||||
| Long-Term Debt | $0 | $39.88M | $66.08M | $99.44M | $83.61M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $456K |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $86.94M |
| Other Long-Term Liabilities | $0 | $7.8M | $12.36M | $98.11M | $29K |
| Total Long-Term Liabilities | $0 | $48.15M | $80.48M | $199.68M | $171.03M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $90.1M | $85.74M | $111.59M | $228.11M | $188.38M |
| Stockholders' Equity | |||||
| Preferred Stock | $0 | $0 | $0 | $46.33M | $79.86M |
| Common Stock | $2K | $14K | $13K | $14K | $5K |
| Retained Earnings | -$219.22M | -$198.8M | -$154.77M | -$229.5M | -$127.73M |
| Comprehensive Income & Other | $0 | $0 | -$560K | -$46.33M | -$79.86M |
| Other Stockholders' Equity | $172.77M | $167.11M | $164.36M | $48.31M | $7.16M |
| Total Equity | -$46.45M | -$31.67M | $9.6M | -$181.17M | -$120.57M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $43.65M | $54.07M | $121.19M | $46.94M | $67.81M |
| Supplementary Data | |||||
| Total Debt | $63.31M | $55.05M | $72.02M | $103.14M | $86.17M |
| Net Debt | $58.02M | $41M | $34.33M | $96.79M | $56.01M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Operating Activities | |||||
| Net Income | -$20.43M | -$44.03M | $74.73M | -$95.98M | -$56.34M |
| Depreciation & Amortization | $4.57M | $4.84M | $1.66M | $972K | $242K |
| Deferred Income Tax | $0 | $0 | -$2.29M | $0 | $0 |
| Stock-Based Compensation | $1.5M | $2.36M | $2.47M | $494K | $698K |
| Changes in Working Capital: | |||||
| Accounts Receivable | $898K | $9.21M | $576K | -$944K | -$8.49M |
| Inventory | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$390K | -$1.4M | -$5.26M | $3.15M | $1.65M |
| Other Working Capital | $0 | -$11.89M | -$11.71M | $3.16M | $32K |
| Total Working Capital Change | $0 | -$4.08M | -$16.39M | $5.36M | -$6.81M |
| Other Non-Cash Items | $6.99M | $10.13M | -$125.32M | $34.92M | $4.99M |
| Net Cash from Operating | -$7.36M | -$30.79M | -$65.14M | -$54.24M | -$57.21M |
| Investing Activities | |||||
| Capital Expenditures | -$154K | -$1.58M | -$149K | -$208K | -$340K |
| Acquisitions | $0 | -$580K | $44.72M | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $32.3M | $37.2M | $0 | $0 |
| Other Investing Activities | -$5M | -$5.45M | $0 | $0 | -$16K |
| Net Cash from Investing | -$5.16M | $24.7M | $81.77M | -$208K | -$356K |
| Financing Activities | |||||
| Debt Repaid | - | $17.5M | -$14.7M | -$30M | -$96.66M |
| Common Stock Issuance | $2.91M | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $3.63M | -$566K | -$291K | $646K | -$4.36M |
| Net Cash from Financing | $3.63M | -$18.07M | $14.4M | $30.65M | $78.05M |
| Forex Effect | $0 | $75K | -$178K | $0 | $0 |
| Net Change in Cash | -$8.89M | -$24.08M | $30.85M | -$23.8M | $20.48M |
| Supplementary Data | |||||
| Operating Cash Flow | -$7.36M | -$30.79M | -$65.14M | -$54.24M | -$57.21M |
| Capital Expenditure | -$154K | -$7.03M | -$149K | -$208K | -$356K |
| Free Cash Flow | -$7.52M | -$37.81M | -$65.29M | -$54.45M | -$57.57M |
| Cash at Beginning | $14.18M | $38.26M | $7.41M | $31.21M | $10.72M |
| Cash at End | $5.29M | $14.18M | $38.26M | $7.41M | $31.21M |