UAV Corp. (UMAV)
UAV Corp., through its subsidiary Skyborne Technology, Inc., is dedicated to the research and development of proprietary intellectual property and specialized designs. Their innovative work focuses on areas such as semi-rigid airship engineering, pioneering reverse-ballonet technology, advanced mooring solutions, and hybrid propulsion systems. The company offers SENTINEL, a portable communication network that connects wired and Wi-Fi-enabled devices, serving vital functions in defense and emergency management. Beyond this, it provides a comprehensive command, control, and communication infrastructure designed to respond effectively to various challenging situations, including severe weather, natural disasters, power outages, and hostile threats. Established in 1987, the firm was formerly known as Han Tang Technology, Inc. before rebranding as UAV Corp. in January 2021, and its main offices are located in Wewahitchka, Florida.
Sector: Aerospace & Defense
Industry: Aerospace & Defense
UAV Corp.
OTC:UMAVIndustrials · Aerospace & Defense
$0.0001
Mkt Cap$10
Float-
O/S100K
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$5.81M
Total Assets$931K
Free Cash Flow-$1.04M
Debt & Equity
Total Debt$4.38M
Total Equity-$8.85M
Preferred Stock$4K
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in UMAV's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$931K
Liabilities$9.78M
Accounts Receivable$84K
Accounts Payable$0
Inventory$264K
PP&E (Net)$575K
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | 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 | 2019-12-31 | 2019-06-30 | 2018-06-30 | 2016-06-30 | 2015-06-30 |
| Revenue | $0 | $0 | $0 | $0 | $595K | $298K | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | 99.7% | - | - | - | - | - | - |
| Cost of Revenue | $27K | $27K | $27K | $27K | $340K | $182K | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | -$27K | -$27K | -$27K | -$27K | $255K | $116K | $0 | $0 | $0 | $0 | $0 |
| Gross Margin | - | - | - | - | 42.9% | 38.9% | - | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $76 | $0 | $0 | $0 |
| Selling, General, and Administrative | $3.24M | $402K | $654K | $2.84M | $567K | $514K | $81 | $29K | $24K | $18 | $2 |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $3K | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $3.24M | $402K | $654K | $2.84M | $567K | $514K | $3K | $29K | $24K | $18 | $2 |
| Operating Income (EBIT) | -$3.27M | -$430K | -$682K | -$2.87M | -$312K | -$399K | -$92 | -$29K | -$24K | -$18 | -$2 |
| Operating Margin | - | - | - | - | -52.5% | -133.8% | - | - | - | - | - |
| Interest Expense | $426K | $266K | $236K | $281K | $252K | $591K | $0 | $10K | $3K | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $223 | $0 | $0 | $1 | $0 |
| Other Income (Expense) | -$2.54M | -$573K | -$308K | -$308K | -$422K | -$768K | -$3K | -$10K | -$3K | -$1 | -$0 |
| Income Before Tax (EBT) | -$5.81M | -$1M | -$989K | -$3.18M | -$734K | -$1.17M | -$3K | -$39K | -$27K | -$18 | -$2 |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$5.81M | -$1M | -$989K | -$3.18M | -$734K | -$1.17M | -$3K | -$39K | -$27K | -$18 | -$2 |
| Net Income Margin | - | - | - | - | -123.4% | -391.5% | - | - | - | - | - |
| Supplementary Data | |||||||||||
| EPS | -0.01 | -0.01 | -0.01 | -0.06 | -0.08 | -0.22 | -0.68 | -0.01 | -0.01 | -0.09 | -0.01 |
| Diluted EPS | -0.01 | -0.01 | -0.01 | -0.06 | -0.08 | -0.22 | -0.68 | -0.01 | -0.01 | -0.09 | -0.01 |
| Weighted Average OS | 779.64M | 99.02M | 91.72M | 50.72M | 9.56M | 5.23M | 4,669 | 4.56M | 4.53M | 204 | 204 |
| EBITDA | -$3.24M | -$710K | -$727K | -$2.87M | -$453K | -$545K | -$89 | -$29K | -$24K | $18 | -$0 |
| EBITDA Margin | - | - | - | - | -76.1% | -183.0% | - | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | 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 | 2019-12-31 | 2019-06-30 | 2018-06-30 | 2016-06-30 | 2015-06-30 |
| Assets | |||||||||||
| Current Assets | |||||||||||
| Cash and Cash Equivalents | $9K | $5K | $385 | $0 | $41K | $59K | $8K | $1K | $360 | $340 | $3K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $9K | $5K | $385 | $0 | $41K | $59K | $8K | $1K | $360 | $340 | $3K |
| Accounts Receivable | $84K | $84K | $84K | $84K | $84K | $46K | $0 | -$397K | $0 | $0 | $0 |
| Inventory | $264K | $264K | $248K | $219K | $212K | $38K | $183K | $38K | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $46K | $359 | $0 | $0 | $0 |
| Total Current Assets | $356K | $353K | $332K | $303K | $337K | $142K | $237K | $1K | $360 | $340 | $3K |
| Long-Term Assets | |||||||||||
| Property, Plant & Equipment Net | $575K | $602K | $630K | $657K | $684K | $717K | $771K | $10K | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $575K | $602K | $630K | $657K | $684K | $717K | $771K | $10K | $0 | $0 | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$10K | $0 | $0 | $0 |
| Total Assets | $931K | $955K | $962K | $960K | $1.02M | $859K | $1.01M | $1K | $360 | $340 | $3K |
| Liabilities | |||||||||||
| Current Liabilities | |||||||||||
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Short-Term Debt | $4.38M | $2.98M | $2.98M | $3.01M | $3.04M | $3.06M | $4.53M | $195K | $166K | $20K | $5K |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $1.08M | $892K | $465K | $39K | $0 | $3K | $0 | -$34K | $0 | $0 | $0 |
| Other Current Liabilities | $4.32M | $1.33M | $794K | $584K | $540K | $677K | $277K | $26K | $15K | $922 | $73 |
| Total Current Liabilities | $9.78M | $5.2M | $4.24M | $3.63M | $3.58M | $3.74M | $4.81M | $221 | $181 | $21K | $5K |
| Long-Term Liabilities | |||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $9.78M | $5.2M | $4.24M | $3.63M | $3.58M | $3.74M | $4.81M | $221K | $181K | $21K | $5K |
| Stockholders' Equity | |||||||||||
| Preferred Stock | $4K | $4K | $4K | $4K | $4K | $4K | $0 | $119K | $119K | $0 | $0 |
| Common Stock | $221K | $11K | $10K | $8K | $2K | $564 | $478 | $640 | $640 | $205 | $205 |
| Retained Earnings | -$16.69M | -$10.88M | -$9.88M | -$8.89M | -$5.72M | -$4.98M | -$3.82M | -$100K | -$61K | -$21K | -$2K |
| Comprehensive Income & Other | $0 | $0 | -$10K | $6.22M | $3.15M | $2.1M | $0 | -$119K | -$119K | $0 | $0 |
| Other Stockholders' Equity | $7.62M | $6.63M | $6.6M | $6.21M | $3.16M | $2.1M | $15K | -$120K | -$120K | $0 | $0 |
| Total Equity | -$8.85M | -$4.24M | -$3.28M | -$2.67M | -$2.56M | -$2.88M | -$3.8M | -$220K | -$181K | -$21K | -$2K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $931K | $955K | $962K | $960K | $1.02M | $859K | $1.01M | $1K | $360 | $340 | $3K |
| Supplementary Data | |||||||||||
| Total Debt | $4.38M | $2.98M | $2.98M | $3.01M | $3.04M | $3.06M | $4.53M | $195K | $166K | $20K | $5K |
| Net Debt | $4.37M | $2.97M | $2.98M | $3.01M | $3M | $3M | $4.52M | $194 | $165 | $20K | $2K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | 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 | 2019-12-31 | 2019-06-30 | 2018-06-30 | 2016-06-30 | 2015-06-30 |
| Operating Activities | |||||||||||
| Net Income | -$5.81M | -$1M | -$989K | -$76K | -$734K | -$1.17M | -$3K | -$39K | -$27K | -$18 | -$2 |
| Depreciation & Amortization | $27K | $27K | $27K | $27K | $29K | $30K | $0 | $3 | $0 | $18 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $3 | -$16K | -$28K | -$7K | -$175K | $145K | $0 | -$11 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | -$3K | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $2.23M | $229K | $233K | $267K | $30K | $286K | $130 | $10K | $13K | $1 | $0 |
| Total Working Capital Change | $2.23M | $213K | $205K | $260K | -$145K | $429K | $130 | $10K | $13K | $1 | $0 |
| Other Non-Cash Items | $2.51M | $344K | $220K | -$878K | $182K | $482K | $3K | $484 | $25 | -$18 | -$0 |
| Net Cash from Operating | -$1.04M | -$418K | -$537K | -$666K | -$668K | -$226K | -$178 | -$29K | -$14K | -$18 | -$2 |
| Investing Activities | |||||||||||
| Capital Expenditures | $0 | $0 | $3 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $769 | $4 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | -$3 | $0 | $0 | $0 | -$209 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | $0 | $0 | $0 | $0 | $769 | -$205 | $0 | $0 | $0 | $0 |
| Financing Activities | |||||||||||
| Debt Repaid | - | - | $2K | -$96K | -$14K | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $113K | $491K | $677K | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $847K | $427K | $426K | $39K | -$41K | -$26K | $386 | $30K | $15K | $15 | $5 |
| Net Cash from Financing | $1.04M | $423K | $537K | $626K | $650K | $276K | $386 | $30K | $15K | $15 | $5 |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $6K | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $4K | $5K | $385 | -$41K | -$18K | $57K | $0 | $1K | $360 | -$3 | $3 |
| Supplementary Data | |||||||||||
| Operating Cash Flow | -$1.04M | -$418K | -$537K | -$666K | -$668K | -$226K | -$178 | -$29K | -$14K | -$18 | -$2 |
| Capital Expenditure | $0 | $4 | $3 | $4 | $0 | $5 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | -$1.04M | -$418K | -$537K | -$666K | -$668K | -$226K | -$178 | -$29K | -$14K | -$18 | -$2 |
| Cash at Beginning | $5K | $385 | -$41K | $41K | $59K | $1K | $6 | $360 | $0 | $3 | $0 |
| Cash at End | $9K | $5K | $385 | -$41K | $41K | $59K | $8 | $1K | $360 | $0 | $3 |