FOXO TECHNOLOGIES INC. (FOXO)
FOXO Technologies Inc. operates as a technology platform company primarily focused on translating longevity science into practical applications for the life insurance sector. The firm is actively creating products and services that integrate scientific understanding of longevity with life insurance offerings. The dual objectives of these innovations are to encourage greater consumer involvement in their health and wellness, and to streamline the often-complex insurance underwriting process for customers. Among its key offerings is FOXO Labs, a service-oriented platform that enhances the customer underwriting experience by incorporating saliva-based epigenetic biomarkers into expedited underwriting procedures. Additionally, the company provides FOXO Life, an insurance products platform. This platform offers a combination of FOXO's own unique life insurance products and policies from third-party carriers, all designed to bundle longevity science with life insurance. FOXO Technologies Inc. was established in 2019 and is headquartered in Minneapolis, Minnesota.
Sector: Services-Commercial Physical & Biological Research
Industry: Medical - Care Facilities
FOXO Technologies Inc.
OTC:FOXOHealthcare · Medical - Healthcare Information Services
+0.00%$0.1000
Mkt Cap$166K
Float1.66M
O/S1.66M
Inst Own-
SI0.2%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$16.37M
Net Income-$12.43M
Total Assets$44.58M
Free Cash Flow-$3.93M
Debt & Equity
Debt 50%
Equity 50%
Preferred 0%
Total Debt$10.97M
Total Equity$11.14M
Preferred Stock$10
Shares Outstanding
Short Interest
Split History5 splits · 5 reverse
2-year cumulative
1:179,100Over cap
Past the 1:250 Nasdaq cap, ineligible for a bid-price compliance period
- 1:3Reverse splitJul 1, 20263 shares → 1
- 1:3,000Reverse splitJul 1, 20263,000 shares → 1
- 1:2.0Reverse splitJul 28, 20252.0 shares → 1
- 1:10Reverse splitApr 29, 202510 shares → 1
- 1:10Reverse splitNov 7, 202310 shares → 1
Balance Sheet Details
Assets$44.58M
Liabilities$33.5M
Accounts Receivable$2.47M
Accounts Payable$6.97M
Inventory$184K
PP&E (Net)$3.87M
Goodwill$27.82M
Intangible Assets$9.77M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Revenue | $16.37M | $4.05M | $145K | $511K | $120K | $63K |
| YoY Growth | 304.0% | 2688.6% | -71.6% | 325.8% | 90.5% | - |
| Cost of Revenue | $8.33M | $2.48M | $132K | $344K | $0 | $0 |
| Gross Profit | $8.04M | $1.57M | $13K | $167K | $120K | $63K |
| Gross Margin | 49.1% | 38.7% | 8.9% | 32.7% | 100.0% | 100.0% |
| Research and Development | $182K | $312K | $900K | $3.05M | $4.88M | $1.9M |
| Selling, General, and Administrative | $11.36M | $7.17M | $19.4M | $25.83M | $10.27M | $6.89M |
| Other | $6.83M | $1.85M | $1.9M | $11.46M | $0 | $0 |
| Total Operating Expenses | $18.37M | $9.33M | $22.2M | $40.33M | $15.15M | $8.79M |
| Operating Income (EBIT) | -$10.33M | -$7.76M | -$22.19M | -$40.17M | -$15.03M | -$8.73M |
| Operating Margin | -63.1% | -191.6% | -15271.2% | -7860.5% | -12525.8% | -13857.1% |
| Interest Expense | -$3.43M | $3.91M | $1.06M | $1.44M | $1.12M | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $61K |
| Other Income (Expense) | -$2.3M | -$4.66M | -$4.26M | -$55.09M | -$23.46M | $77K |
| Income Before Tax (EBT) | -$12.63M | -$12.42M | -$26.45M | -$95.25M | -$38.49M | -$8.65M |
| Income Tax Expense | -$200K | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$12.43M | -$12.41M | -$26.45M | -$95.25M | -$38.49M | -$8.65M |
| Net Income Margin | -75.9% | -306.2% | -18205.2% | -18640.9% | -32073.3% | -13734.9% |
| Supplementary Data | ||||||
| EPS | -0.13 | -0.93 | -7.08 | -84.00 | -66.13 | -43.27 |
| Diluted EPS | -0.13 | -0.93 | -7.08 | -84.00 | -66.13 | -43.27 |
| Weighted Average OS | 264.78M | 13.37M | 3.74M | 1.13M | 582,000 | 200,000 |
| EBITDA | -$8.6M | -$7.28M | -$24.11M | -$92.3M | -$37.27M | -$7.46M |
| EBITDA Margin | -52.5% | -179.6% | -16592.8% | -18062.6% | -31060.0% | -11849.2% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Assets | ||||||
| Current Assets | ||||||
| Cash and Cash Equivalents | $207K | $68K | $38K | $5.51M | $6.86M | $8.12M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $207K | $68K | $38K | $5.51M | $6.86M | $8.12M |
| Accounts Receivable | $2.47M | $2.27M | $100K | $100K | $0 | $0 |
| Inventory | $184K | $161K | $0 | $1.31M | $295K | $0 |
| Other Current Assets | $155K | $90K | $9K | $14K | $23K | $12K |
| Total Current Assets | $3.11M | $2.88M | $233K | $12.3M | $7.62M | $8.59M |
| Long-Term Assets | ||||||
| Property, Plant & Equipment Net | $3.87M | $4.35B | $0 | $0 | $187K | $167K |
| Goodwill | $27.82M | $25.46M | $0 | $0 | $0 | $0 |
| Intangible Assets | $9.77M | $9.02M | $378K | $2.04M | $191K | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $100K | $419K |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $19.46M | $0 |
| Other Long-Term Assets | $0 | -$4.34M | $114K | $21.06M | $2.75M | $244K |
| Total Long-Term Assets | $41.47M | $38.83M | $492K | $23.1M | $22.69M | $830K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $44.58M | $41.71M | $725K | $35.41M | $30.3M | $9.42M |
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts Payable | $6.97M | $6.68M | $4.56M | $3.47M | $3.46M | $366K |
| Short-Term Debt | $7.79M | $10.22M | $4.2M | $1.41M | $32.2M | $0 |
| Current Income Tax Payable | $0 | $5.2M | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $2.17M | $8.32M | $3.88M | $1.04M | $0 | $0 |
| Total Current Liabilities | $28.66M | $32.73M | $14.34M | $6.91M | $36.06M | $614K |
| Long-Term Liabilities | ||||||
| Long-Term Debt | $0 | $0 | $0 | $1.73M | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $7.04M | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $1.67M | $41K | $489K | $20.06M | $12.42M | $90K |
| Total Long-Term Liabilities | $4.84M | $3.71M | $489K | $21.79M | $19.46M | $90K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $33.5M | $36.44M | $14.82M | $28.7M | $55.52M | $704K |
| Stockholders' Equity | ||||||
| Preferred Stock | $10 | $3 | $0 | $0 | $21.85M | $21.85M |
| Common Stock | $250K | $2K | $1K | $3K | $1 | $0 |
| Retained Earnings | -$224.64M | -$190.54M | -$177.06M | -$147.23M | -$51.98M | -$13.49M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $235.54M | $195.86M | $162.96M | $153.94M | $26.76M | $22.21M |
| Total Equity | $11.14M | $5.32M | -$14.1M | $6.71M | -$25.22M | $8.72M |
| Minority Interest | -$69K | -$52K | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $44.65M | $41.76M | $725K | $35.41M | $30.3M | $9.42M |
| Supplementary Data | ||||||
| Total Debt | $10.97M | $14.25M | $4.2M | $3.14M | $32.2M | $0 |
| Net Debt | $10.76M | $14.19M | $4.17M | -$2.38M | $25.35M | -$8.12M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Operating Activities | ||||||
| Net Income | -$12.45M | -$12.42M | -$26.45M | -$95.25M | -$38.49M | -$1.78M |
| Depreciation & Amortization | $597K | $1.24M | $1.28M | $1.51M | $98K | $1.26M |
| Deferred Income Tax | -$183K | $0 | $0 | $0 | $400K | $0 |
| Stock-Based Compensation | -$164K | -$102K | $381K | $11.04M | $131K | $0 |
| Changes in Working Capital: | ||||||
| Accounts Receivable | -$119K | $554K | $18.57M | $890K | -$1.92M | $0 |
| Inventory | -$14K | $40K | $1.31M | -$1.02M | -$295K | $0 |
| Accounts Payable | $186K | $1.16M | $1.3M | $127K | $3.09M | $0 |
| Other Working Capital | $176K | $1.03M | -$13.16M | -$3.35M | -$305K | -$443K |
| Total Working Capital Change | $229K | $2.78M | $8.02M | -$3.35M | $572K | -$443K |
| Other Non-Cash Items | $8.1M | $5.67M | $10.13M | $62.3M | $22.23M | $482K |
| Net Cash from Operating | -$3.87M | -$2.84M | -$6.64M | -$23.76M | -$15.05M | -$481K |
| Investing Activities | ||||||
| Capital Expenditures | -$62K | $0 | $0 | -$110K | -$242K | $0 |
| Acquisitions | $0 | $13K | $0 | $0 | -$63K | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | -$201.25M |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$594K | $0 | $0 | -$1.76M | -$50K | $0 |
| Net Cash from Investing | -$656K | $13K | $0 | -$1.87M | -$355K | -$201.25M |
| Financing Activities | ||||||
| Debt Repaid | - | - | - | -$31.46M | - | - |
| Common Stock Issuance | $3.1M | $0 | $1.18M | $0 | $0 | $203.29M |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | -$42K | -$299K | -$6.01M | $3.64M | $50K |
| Net Cash from Financing | $4.66M | $2.86M | $1.17M | $24.29M | $14.14M | $203.2M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | -$50K |
| Net Change in Cash | $139K | $30K | -$5.48M | -$1.34M | -$1.27M | $1.42M |
| Supplementary Data | ||||||
| Operating Cash Flow | -$3.87M | -$2.84M | -$6.64M | -$23.76M | -$15.05M | -$481K |
| Capital Expenditure | -$62K | $4 | -$3 | -$1.87M | -$242K | $5 |
| Free Cash Flow | -$3.93M | -$2.84M | -$6.64M | -$25.63M | -$15.3M | -$481K |
| Cash at Beginning | $68K | $38K | $5.51M | $6.86M | $8.12M | $0 |
| Cash at End | $207K | $68K | $38K | $5.51M | $6.86M | $1.42M |