# Nuburu, Inc. (BURU) · Edgar & Edgarette company card

> Nuburu (BURU) saw revenue fall 100% in FY2025 to $0 million, operating margin null against a -7.6% median for miscellaneous electrical machinery, equipment & supplies, equity -30.5% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1814215 · fiscal year ended 2025-12-31 · 4 audited years read · [page](https://www.pops4.com/boards/company/BURU) · [JSON](https://www.pops4.com/boards/company/BURU.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $0 |
| Revenue growth, 1 year | -100.0% |
| Revenue growth per year | — |
| Operating margin | -Infinity% (prior year -8644.7%) |
| Net margin | -Infinity% |
| Operating cash flow | −$16M |
| Capital spending | $5M |
| Free cash flow | −$21M |
| Cash | $25M |
| Long-term debt | $25M |
| Total assets | $50M |
| Total equity | −$15M |
| Equity ÷ assets | -30.5% |
| Return on equity | — |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -17.9 (distress zone)
- Piotroski F: 4 of 9 (middling)
- Health Harbor boat: Rotting at the dock · four or more warning signs · filed earlier statements no longer to be relied on, late quarterly report notice in the last 12 months; liabilities exceed assets (often from years of share buybacks, not always distress); operating cash flow was negative (-$16.1M in FY2025); operating loss: a margin of -Infinity% in FY2025

## Edgarette's reading

Exposure: revenue $0K (FY2025), total debt $25.5M. Experience: revenue down 100.0% on the year; operating margin null, down from -8644.7%. Soundness: equity -30.5% of assets (liabilities exceed assets). Credibility: four or more audited years, moderate weight, marked down from reasonable: on 2026-09-16 the company said earlier statements should no longer be relied on (8-K Item 4.02), and no 10-K has been filed since. Range: 80% of past cases like this landed between $0K and $0K next year (method v3, set from 749 SEC company-years; on a year the method never saw, 83% landed inside). A statistical range, not company guidance. Against peers (15 filers, $50M+ revenue, miscellaneous electrical machinery, equipment & supplies): operating margin null against a -7.6% median; growth -100.0% against 6.9%.

Range logged 2026-09-20, receipt e8ff360f4faa7260, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 3.01 Exchange listing notice or transfer: 4, latest 2026-10-21 ([filing](https://www.sec.gov/Archives/edgar/data/1814215/000119312526427115/0001193125-26-427115-index.htm))
- Item 4.02 Earlier statements no longer to be relied on: 1, latest 2026-09-16 ([filing](https://www.sec.gov/Archives/edgar/data/1814215/000119312526393238/0001193125-26-393238-index.htm))
- Item NT 10-Q Late quarterly report notice: 1, latest 2026-05-18 ([filing](https://www.sec.gov/Archives/edgar/data/1814215/000119312526229124/0001193125-26-229124-index.htm))
- Item 5.02 Director or officer change: 1, latest 2026-03-20 ([filing](https://www.sec.gov/Archives/edgar/data/1814215/000119312526117903/0001193125-26-117903-index.htm))

## Recent filings

- 8-K · filed 2026-10-21 · 1.01 Entry into a Material Definitive Agreement; 2.01 Completion of Acquisition or Disposition of Assets; 3.01 Notice of Delisting or Failure to Satisfy a Listing Rule; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1814215/000119312526427115/0001193125-26-427115-index.htm)
- 8-K · filed 2026-10-06 · 1.01 Entry into a Material Definitive Agreement · [filing](https://www.sec.gov/Archives/edgar/data/1814215/000119312526415780/0001193125-26-415780-index.htm)
- 8-K · filed 2026-09-16 · 4.02 Non-Reliance on Previously Issued Financial Statements · [filing](https://www.sec.gov/Archives/edgar/data/1814215/000119312526393238/0001193125-26-393238-index.htm)
- 8-K · filed 2026-09-02 · 3.03 Material Modifications to Rights of Security Holders; 5.03 Amendments to Articles or Bylaws; Change in Fiscal Year; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1814215/000119312526379008/0001193125-26-379008-index.htm)
- 10-Q · filed 2026-08-14 · [filing](https://www.sec.gov/Archives/edgar/data/1814215/000119312526352609/0001193125-26-352609-index.htm)
- 8-K · filed 2026-07-21 · 1.01 Entry into a Material Definitive Agreement; 3.01 Notice of Delisting or Failure to Satisfy a Listing Rule; 3.03 Material Modifications to Rights of Security Holders; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1814215/000119312526310537/0001193125-26-310537-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001814215.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1814215

## Cite

POPS4, Edgar & Edgarette: Nuburu, Inc. (BURU) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/BURU. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.