# NEWTON GOLF COMPANY, INC. (NWTG) · Edgar & Edgarette company card

> Newton Golf Company (NWTG) grew revenue 136% in FY2025 to $8 million, operating margin -92.8% against a -1.5% median for sporting & athletic goods, equity 28.1% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1934245 · fiscal year ended 2025-12-31 · 4 audited years read · [page](https://www.pops4.com/boards/company/NWTG) · [JSON](https://www.pops4.com/boards/company/NWTG.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $8M |
| Revenue growth, 1 year | 136.1% |
| Revenue growth per year | 249.7% |
| Operating margin | -92.8% (prior year -144.5%) |
| Net margin | -74.0% |
| Operating cash flow | −$5M |
| Capital spending | $469,000 |
| Free cash flow | −$6M |
| Cash | $1M |
| Long-term debt | — |
| Total assets | $3M |
| Total equity | $926,000 |
| Equity ÷ assets | 28.1% |
| Return on equity | -650.1% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -43 (distress zone)
- Piotroski F: 4 of 9 (middling)
- Beneish M: -0.34 (above the −1.78 line)
- Health Harbor boat: Old boat · three warning signs · operating cash flow was negative; operating loss: a margin of -92.8% in FY2025; revenue is hard to predict: its 80% range is ±49%
- Cash Compass: Fast, cash not yet · growing fast, but little cash arriving so far

## Edgarette's reading

Exposure: revenue $8.1M (FY2025). Experience: revenue up 136.1% on the year, up 249.7% a year over 3 years; operating margin -92.8%, up from -144.5%. Soundness: equity 28.1% of assets, return on equity -650.1%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $13.7M and $40.0M next year (method v4.1: its own 2-year record of growth weighed at 25% against under $50M filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $12.7M to $43.1M. A statistical range, not company guidance. Against peers (9 filers, $50M+ revenue, sporting & athletic goods, nec): operating margin -92.8% against a -1.5% median; growth 136.1% against -4.5%.

Range logged 2026-09-24, receipt 3092ab17b80171ea, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 3.01 Exchange listing notice or transfer: 2, latest 2026-10-13 ([filing](https://www.sec.gov/Archives/edgar/data/1934245/000149315226046740/0001493152-26-046740-index.htm))
- Item 5.02 Director or officer change: 5, latest 2026-05-20 ([filing](https://www.sec.gov/Archives/edgar/data/1934245/000149315226024539/0001493152-26-024539-index.htm))

## Recent filings

- 8-K · filed 2026-10-13 · 3.01 Notice of Delisting or Failure to Satisfy a Listing Rule · [filing](https://www.sec.gov/Archives/edgar/data/1934245/000149315226046740/0001493152-26-046740-index.htm)
- 8-K · filed 2026-09-24 · 1.01 Entry into a Material Definitive Agreement; 3.02 Unregistered Sales of Equity Securities; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1934245/000149315226044071/0001493152-26-044071-index.htm)
- 8-K · filed 2026-09-24 · 1.01 Entry into a Material Definitive Agreement; 3.02 Unregistered Sales of Equity Securities; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1934245/000149315226044066/0001493152-26-044066-index.htm)
- 8-K · filed 2026-09-18 · 1.01 Entry into a Material Definitive Agreement; 3.02 Unregistered Sales of Equity Securities; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1934245/000149315226043336/0001493152-26-043336-index.htm)
- 8-K · filed 2026-08-20 · 1.01 Entry into a Material Definitive Agreement; 3.02 Unregistered Sales of Equity Securities; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1934245/000149315226039470/0001493152-26-039470-index.htm)
- 10-Q · filed 2026-08-14 · [filing](https://www.sec.gov/Archives/edgar/data/1934245/000149315226038399/0001493152-26-038399-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001934245.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1934245

## Cite

POPS4, Edgar & Edgarette: NEWTON GOLF COMPANY, INC. (NWTG) company card, from the company's own SEC filings, accessed 2026-11-05, https://www.pops4.com/boards/company/NWTG. 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.