TG-17, Inc. (OBAI) Income Statement
OBAI 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsOBAI revenue and net income
Where OBAI's revenue goes
2025Each bar shows an amount and its share of revenue. OBAI kept −105.8% of revenue as net income.
OBAI profit margins
OBAI growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +2.4% | — | — | — |
| Gross profit | −13.1% | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
OBAI quarterly EPS vs estimates
TG-17 beat the analyst EPS estimate in 1 of the last 1 quarters. Next report: November 13, 2026.
OBAI income statement
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Revenue | $10.0M | $9.7M | $7.2M |
| Cost of revenue | $9.4M | $9.1M | $6.1M |
| Gross profit | $566,000 | $651,000 | $1.1M |
| Research & development | $2.5M | $2.7M | $2.9M |
| Sales, general & admin | $7.3M | — | — |
| Total operating expenses | $9.8M | $10.2M | $9.6M |
| Operating income | −$9.3M | −$9.6M | −$8.5M |
| Interest expense | $1.3M | $1.3M | $4.0M |
| Income before taxes | −$10.5M | −$10.9M | −$12.2M |
| Income taxes | $35,000 | $94,000 | $80,000 |
| Net income | −$10.5M | −$11.0M | −$12.3M |
| EBITDA | −$9.2M | −$9.5M | −$8.2M |
| EPS (diluted) | −$0.98 | −$0.53 | — |
| Gross margin | 5.7% | 6.7% | 14.8% |
| Operating margin | −92.8% | −98.4% | −118.8% |
| Net margin | −105.8% | −113.2% | −170.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.1M | $2.3M | $2.7M | $2.7M | $2.3M | $2.2M | $2.5M | $2.5M |
| Cost of revenue | $2.3M | $2.3M | $2.7M | $2.6M | $1.9M | $2.2M | $2.5M | $2.5M |
| Gross profit | −$145,000 | $47,000 | $50,000 | $116,000 | $335,000 | $73,000 | $47,977 | $18,000 |
| Research & development | $717,000 | $691,000 | $675,000 | $632,000 | $664,000 | $555,000 | $950,977 | $560,000 |
| Sales, general & admin | $3.1M | $5.7M | $2.2M | $1.8M | $2.4M | $1.3M | $2.2M | $2.1M |
| Total operating expenses | $3.8M | $6.4M | $2.5M | $2.4M | $3.1M | $4.0M | $2.8M | $2.6M |
| Operating income | −$3.9M | −$6.4M | −$2.5M | −$2.3M | −$2.7M | −$1.8M | −$2.8M | −$2.6M |
| Interest expense | $827,000 | $292,000 | $196,000 | $318,000 | $369,000 | $377,000 | $112,000 | $413,000 |
| Income before taxes | −$4.8M | −$6.7M | −$2.7M | −$2.6M | −$3.0M | −$2.2M | −$3.0M | −$3.0M |
| Income taxes | $18,000 | $36,000 | −$4,000 | $39,000 | — | — | $28,000 | $21,000 |
| Net income | −$4.8M | −$6.7M | −$2.7M | −$2.6M | −$3.0M | −$2.2M | −$3.0M | −$3.0M |
| EBITDA | −$3.9M | −$6.4M | −$2.5M | −$2.3M | −$2.7M | — | −$2.9M | −$2.5M |
| EPS (diluted) | −$0.20 | −$0.32 | — | — | — | — | — | — |
| Gross margin | −6.8% | 2.0% | 1.8% | 4.2% | 14.7% | 3.2% | 1.9% | 0.7% |
| Operating margin | −185.1% | −271.6% | −90.2% | −83.3% | −120.3% | −79.4% | −108.9% | −102.4% |
| Net margin | −225.0% | −285.6% | −100.0% | −96.3% | −133.4% | −96.1% | −120.0% | −117.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in OBAI's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
OBAI financial results
In fiscal year 2025 (ended December 31, 2025), TG-17 reported revenue of $10.0 million, up 2.4% from the year before. It had a net loss of $10.5 million, a net profit margin of −105.8%. Diluted earnings per share came to −$0.98.
See the OBAI stock overview for the latest quote and news, or the OBAI chart for price history and technical indicators.
OBAI income statement FAQ
What is TG-17's annual revenue?
TG-17 reported total revenue of $10.0 million for fiscal year 2025, which ended on December 31, 2025. That was up 2.4% from $9.7 million the previous year.
Is TG-17 profitable?
No. TG-17 reported a net loss of $10.5 million in fiscal 2025, a net profit margin of −105.8%; its operating margin was −92.8%.
What is TG-17's gross margin?
TG-17's gross margin was 5.7% in fiscal 2025: for every $100 of revenue, TG-17 kept $6 after the direct cost of its products and services.
How much does TG-17 spend on research and development?
TG-17 spent $2.5 million on research and development in fiscal 2025, 25.3% of revenue.
What are TG-17's earnings per share?
TG-17 earned $-0.98 per diluted share in fiscal 2025, compared with $-0.53 a year earlier.
When will TG-17 report its next earnings?
TG-17 is expected to report results for the quarter ending September 30, 2026 on November 13, 2026.
When does TG-17's fiscal year end?
TG-17's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.