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Bollinger Innovations
(OTC:BINI)
Bollinger Innovations (BINI) vs. SPDR S&P 500 ETF (SPY)
Bollinger Innovations Business Overview & Revenue Model
Bollinger Innovations Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 9.34M | 1.09M | 366.00K | 0.00 | 65.71M | 65.71M |
| Gross Profit | -31.66M | -15.80M | 92.12K | -3.72M | 64.48M | 6.81M |
| EBITDA | -374.08M | -438.35M | -996.27M | -93.71M | -21.68M | -1.49M |
| Net Income | -467.56M | -457.06M | -972.25M | -740.32M | -44.24M | -48.28M |
Balance Sheet | ||||||
| Total Assets | 89.23M | 178.63M | 421.71M | 302.59M | 17.17M | 21.99M |
| Cash, Cash Equivalents and Short-Term Investments | 454.66K | 10.32M | 155.27M | 54.09M | 42.17K | 33.37K |
| Total Debt | 36.04M | 19.94M | 13.16M | 13.81M | 41.91M | 35.15M |
| Total Liabilities | 196.28M | 195.18M | 148.90M | 145.64M | 78.88M | 64.49M |
| Stockholders Equity | -107.91M | -28.56M | 208.95M | 58.70M | -61.71M | -42.50M |
Cash Flow | ||||||
| Free Cash Flow | -114.71M | -200.30M | -287.10M | -77.82M | -17.68M | -4.94M |
| Operating Cash Flow | -109.78M | -185.56M | -179.17M | -65.80M | -17.52M | -4.37M |
| Investing Cash Flow | -6.33M | -16.15M | -107.92M | -47.15M | -161.78K | -567.01K |
| Financing Cash Flow | 113.00M | 56.76M | 358.42M | 197.28M | 17.69M | 9.16M |
Bollinger Innovations Technical Analysis
Bollinger Innovations Risk Analysis
Bollinger Innovations Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
| ― | $19.25M | -0.03 | -201.87% | ― | 11.73% | 74.79% | |
| ― | $5.40M | -0.14 | -189.10% | ― | 2.97% | -11.17% | |
| ― | $3.11M | ― | ― | ― | -31.40% | -161.97% | |
| ― | $5.99M | -0.09 | -264.35% | ― | -98.22% | 49.35% | |
| ― | $1.72M | ― | ― | ― | 5865.42% | 99.51% | |
| ― | $295.85M | ― | -232.22% | ― | -1.24% | 99.95% |
Bollinger Innovations Corporate Events
On October 8, 2025, Bollinger Innovations announced that its stock would be suspended from Nasdaq trading due to non-compliance with the market value requirement, effective October 13, 2025. The company decided to transition its stock listing to the OTC Markets to reduce administrative costs and focus on its business strategy. This move is expected to provide more flexibility and cost-effectiveness, allowing Bollinger to better allocate resources towards expanding its commercial EV market presence.
The most recent analyst rating on (BINI) stock is a Sell with a $0.50 price target. To see the full list of analyst forecasts on Bollinger Innovations stock, see the BINI Stock Forecast page.
On September 18, 2025, Bollinger Innovations, Inc. entered into a securities purchase agreement with an investor for approximately $4.1 million in convertible secured notes and warrants, with a portion already purchased in August and September 2025. The agreement restricts the company from issuing new equity or engaging in major transactions during a specified period unless certain conditions are met. Additionally, the company announced a 1-for-250 reverse stock split effective September 22, 2025, to comply with Nasdaq’s minimum bid price requirement, reducing the number of outstanding shares significantly while maintaining the same trading symbol.
The most recent analyst rating on (BINI) stock is a Sell with a $0.50 price target. To see the full list of analyst forecasts on Bollinger Innovations stock, see the BINI Stock Forecast page.
On September 11, 2025, Bollinger Innovations, Inc. held a Special Meeting of Stockholders to vote on key proposals. The meeting saw participation from holders of common stock and certain preferred stocks, establishing a quorum. The stockholders approved a proposal to amend the company’s Certificate of Incorporation to effect a reverse stock split of its outstanding common stock at a ratio determined by the Board of Directors. A second proposal regarding the adjournment of the meeting was not presented due to sufficient votes for the first proposal.
The most recent analyst rating on (BINI) stock is a Sell with a $0.50 price target. To see the full list of analyst forecasts on Bollinger Innovations stock, see the BINI Stock Forecast page.
On September 2, 2025, Bollinger Innovations announced additional cost-cutting measures, including staff reductions and facility closures, to further streamline operations following a recent merger. The company aims to reduce its general and administrative (G&A) and research and development (R&D) expenses significantly, from $47.7 million to $18.6 million per quarter, representing a 61% drop. These measures include eliminating third-party manufacturing and consolidating production lines to their Tunica, Mississippi plant. This strategic move is designed to lower the operating expense burn rate while focusing on increasing commercial revenue generation.
The most recent analyst rating on (BINI) stock is a Sell with a $0.50 price target. To see the full list of analyst forecasts on Bollinger Innovations stock, see the BINI Stock Forecast page.
Bollinger Innovations, Inc. received a notice from Nasdaq on February 25, 2025, regarding non-compliance with the minimum market value requirement for continued listing. Despite efforts, the company failed to meet the requirement by the August 25, 2025 deadline. Consequently, Bollinger Innovations intends to request a hearing to prevent suspension or delisting, with proceedings stayed pending the hearing outcome. The company reported stockholders’ equity exceeding $2.5 million as of August 14, 2025, which may serve as an alternative compliance measure.
The most recent analyst rating on (BINI) stock is a Sell with a $0.50 price target. To see the full list of analyst forecasts on Bollinger Innovations stock, see the BINI Stock Forecast page.
Bollinger Innovations, Inc. has implemented multiple reverse stock splits since May 2023 to comply with the Bid Price Rule, potentially impacting the liquidity of its common stock. These actions, including significant splits like a 1-for-250 in August 2025, may lead to a decrease in the number of shares available for trading, thereby affecting market liquidity and increasing transaction costs for shareholders with odd lots. Additionally, the potential issuance of more shares could dilute existing stockholders’ ownership, while the anticipated increase in stock price post-split remains uncertain. The company’s financial performance and broader market conditions will continue to influence its stock price, regardless of the number of shares outstanding.
On August 4, 2025, Bollinger Innovations, Inc. implemented a 1-for-250 reverse stock split of its common stock, following approval from stockholders on July 22, 2025. This move aims to comply with Nasdaq’s $1.00 minimum bid price requirement, reducing the number of outstanding shares from approximately 433.5 million to 1.7 million. The reverse split does not alter the par value or authorized number of shares, and fractional shares will be rounded up. The company’s common stock continues to trade under the symbol ‘BINI’ with a new CUSIP number.