Unusual Machines, Inc. (UMAC)
Unusual Machines, Inc. engages in the commercial drone industry. The company offers small drones and essential components. It distributes their products through B2B sale, e-commerce site, and retail channel. The company has a strategic collaboration with Lantronix Inc. for the development of autonomous drone components integrating edge AI compute with flight control systems. The company was formerly known as AerocarveUS Corporation and changed its name to Unusual Machines, Inc. in July 2022. Unusual Machines, Inc. was incorporated in 2019 and is headquartered in Orlando, Florida.
Sector: Radio & Tv Broadcasting & Communications Equipment
Industry: Hardware, Equipment & Parts
Unusual Machines, Inc.
NYSE:UMACTechnology · Hardware, Equipment & Parts
+7.52%$17.87
AH Close$17.92+0.27%vs close
AH$17.92+0.27%vs close
Mkt Cap$892.72M
Float47.52M
O/S49.96M
Inst Own60.1%
SI19.5%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$11.2M
Net Income-$19.19M
Total Assets$182.71M
Free Cash Flow-$23.24M
Debt & Equity
Debt 1%
Equity 99%
Total Debt$2.63M
Total Equity$174.94M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in UMAC's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$182.71M
Liabilities$7.77M
Accounts Receivable$1.78M
Accounts Payable$1.51M
Inventory$5.32M
PP&E (Net)$4.84M
Goodwill$15.6M
Intangible Assets$2.56M
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 | $11.2M | $5.57M | $0 | $0 | $5K |
| YoY Growth | 101.2% | - | - | - | - |
| Cost of Revenue | $7.43M | $4.02M | $0 | $0 | $0 |
| Gross Profit | $3.77M | $1.55M | $0 | $0 | $5K |
| Gross Margin | 33.6% | 27.8% | - | - | 100.0% |
| Research and Development | $203K | $91K | $0 | $91K | $0 |
| Selling, General, and Administrative | $25.48M | $7.34M | $2.38M | $1.08M | $167K |
| Other | $3.23M | $11.11M | $6K | $885 | $0 |
| Total Operating Expenses | $28.92M | $18.54M | $2.38M | $1.17M | $167K |
| Operating Income (EBIT) | -$25.15M | -$16.99M | -$2.38M | -$1.17M | -$162K |
| Operating Margin | -224.6% | -305.3% | - | - | -3244.7% |
| Interest Expense | $519 | $117K | $0 | $0 | $0 |
| Interest Income | $1.83M | $1K | $0 | $148 | $3 |
| Other Income (Expense) | $5.92M | -$15M | $0 | $148 | $3 |
| Income Before Tax (EBT) | -$19.23M | -$31.99M | -$2.38M | -$1.17M | -$162K |
| Income Tax Expense | -$36K | -$13K | $0 | $0 | $0 |
| Net Income | -$19.19M | -$31.98M | -$2.38M | -$1.17M | -$162K |
| Net Income Margin | -171.4% | -574.6% | - | - | -3244.7% |
| Supplementary Data | |||||
| EPS | -0.74 | -3.84 | -0.72 | -0.17 | -0.02 |
| Diluted EPS | -0.74 | -3.84 | -0.72 | -0.17 | -0.02 |
| Weighted Average OS | 26.02M | 8.33M | 3.31M | 7.43M | 7.43M |
| EBITDA | -$25.01M | -$31.8M | -$2.38M | -$1.17M | -$162K |
| EBITDA Margin | -223.3% | -571.5% | - | - | -3244.7% |
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 | $103.26M | $3.76M | $895K | $3.1M | $3.79M |
| Short-Term Investments | $39.21M | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $142.48M | $3.76M | $895K | $3.1M | $3.79M |
| Accounts Receivable | $1.78M | $67K | $0 | $0 | $116K |
| Inventory | $5.32M | $1.34M | $0 | $0 | $0 |
| Other Current Assets | $9.94M | $0 | $100K | $0 | $0 |
| Total Current Assets | $159.51M | $6.1M | $1.02M | $3.14M | $3.9M |
| Long-Term Assets | |||||
| Property, Plant & Equipment Net | $4.84M | $324K | $1K | $4K | $0 |
| Goodwill | $15.6M | $7.4M | $0 | $0 | $0 |
| Intangible Assets | $2.56M | $2.23M | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $198K | $59K | $513K | $188K | $0 |
| Total Long-Term Assets | $23.2M | $10.01M | $514K | $192K | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $182.71M | $16.11M | $1.53M | $3.33M | $3.9M |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $1.51M | $669K | $114K | $132K | $0 |
| Short-Term Debt | $456K | $68K | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $638K | $197K | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $2.6M | $934K | $114K | $132K | $0 |
| Long-Term Liabilities | |||||
| Long-Term Debt | $2.17M | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $147K | $94K | $0 | $0 | $0 |
| Other Long-Term Liabilities | $2.85M | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $5.17M | $356K | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $7.77M | $1.29M | $114K | $132K | $0 |
| Stockholders' Equity | |||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $378K | $151K | $32K | $34K | $38K |
| Retained Earnings | -$55.11M | -$35.91M | -$3.93M | -$1.55M | -$296K |
| Comprehensive Income & Other | $3K | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $229.67M | $50.58M | $5.32M | $4.71M | $4.16M |
| Total Equity | $174.94M | $14.82M | $1.41M | $3.2M | $3.9M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $182.71M | $16.11M | $1.53M | $3.33M | $3.9M |
| Supplementary Data | |||||
| Total Debt | $2.63M | $330K | $0 | $0 | $0 |
| Net Debt | -$100.63M | -$3.43M | -$895K | -$3.1M | -$3.79M |
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 | -$19.19M | -$31.98M | -$2.38M | -$1.17M | -$162K |
| Depreciation & Amortization | $141K | $72K | $6K | $885 | $0 |
| Deferred Income Tax | -$36K | -$13K | $0 | $0 | $0 |
| Stock-Based Compensation | $15.62M | $2.32M | $600K | $0 | $0 |
| Changes in Working Capital: | |||||
| Accounts Receivable | -$1.6M | -$59.78M | $0 | $945 | -$945 |
| Inventory | -$3.94M | $455.1M | $0 | $0 | $0 |
| Accounts Payable | $746K | $266.69M | -$6K | $0 | $0 |
| Other Working Capital | -$8.84M | -$661.35M | $8K | -$19K | $0 |
| Total Working Capital Change | -$13.63M | $667K | $1K | -$18K | -$945 |
| Other Non-Cash Items | -$4.08M | $24.94M | $0 | $0 | $0 |
| Net Cash from Operating | -$21.18M | -$4M | -$1.78M | -$1.19M | -$163K |
| Investing Activities | |||||
| Capital Expenditures | -$2.06M | $0 | -$3K | -$5K | $0 |
| Acquisitions | $93K | -$853K | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $1.8M | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$36.93M | $0 | $0 | $45K | $0 |
| Net Cash from Investing | -$37.09M | -$853K | -$3K | $41K | $0 |
| Financing Activities | |||||
| Debt Repaid | - | - | - | - | - |
| Common Stock Issuance | $157.77M | $7.05M | $0 | $550K | $3.95M |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $665K | -$425K | -$88K | $0 |
| Net Cash from Financing | $157.77M | $7.71M | -$425K | $462K | $3.95M |
| Forex Effect | $3K | $0 | $0 | $0 | $647 |
| Net Change in Cash | $99.5M | $2.86M | -$2.2M | -$686K | $3.79M |
| Supplementary Data | |||||
| Operating Cash Flow | -$21.18M | -$4M | -$1.78M | -$1.19M | -$163K |
| Capital Expenditure | -$2.06M | -$3 | -$3K | -$5K | $1 |
| Free Cash Flow | -$23.24M | -$4M | -$1.78M | -$1.19M | -$163K |
| Cash at Beginning | $3.76M | $895K | $3.1M | $3.79M | $647 |
| Cash at End | $103.26M | $3.76M | $895K | $3.1M | $3.79M |