Secure Blockchain Development Corp. specializes in developing email encryption software, notably its Delivery Trust solution. The company boasts a high gross margin of 96.3%, indicating strong pricing power; however, it faces significant concerns with negative EBITDA and net margins, suggesting operational inefficiencies. Additionally, a current ratio of 0.33 raises liquidity concerns, highlighting potential difficulties in meeting short-term obligations. While the high margins are promising, the overall financial health score of 38/100 reflects substantial challenges that may hinder growth and stability.
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Company has $9K in cash but burned $57K last quarter. At this burn rate, only 0.2 quarters of runway remain without additional financing.
Company posted a loss of $-797K over the last year, representing 155.0% of revenue.
Debt of $509K is 57.6x the company's cash position of $9K.
Operating cash flow has been negative for 3 consecutive quarters, burning $226K over the last year.
Strong revenue growth of 20.3% YoY indicates solid business momentum.
Exceptional gross margin of 96.1% indicates strong pricing power and competitive moat.
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Based on 2026-Q2 (June 30, 2026)