SAIHW
SAIHEAT Limited
Price Chart
Latest Quote
$0.05
| Previous Close | $0.05 |
| Open | $0.17 |
| Day High | $0.05 |
| Day Low | $0.05 |
| Volume | 320 |
Stock Information
| Total Debt | $4.20M |
| Cash Equivalents | $4.16M |
| Revenue | $4.52M |
| Net Income | $-6.45M |
| Exchange | NCM |
đ Comprehensive Analysis
Company Data
| Sales | $4.52M |
| Income | $-6.45M |
| Book/sh | $4.04 |
| Employees | 16 |
Financial Ratios
| Quick Ratio | 0.91 |
| Current Ratio | 2.30 |
| Debt/Eq | 56.70 |
Returns & Margins
| ROA | -21.07% |
| ROE | -59.31% |
| Gross Margin | -51.88% |
| Operating Margin | -276.05% |
| Profit Margin | -142.72% |
Ownership
| Insider & Institutional transactions data not available |
Valuation Ratios
| P/B | 0.01 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $nan |
| SMA50 | $nan |
| RSI | nan |
| ATR | nan |
| Shares Float | 1.09M |
| Volatility | 1.76 |
| Rel Volume | 20.00 |
Performance History
| Week | nan% |
| Month | nan% |
| Quarter | nan% |
| YTD | nan% |
| 10 Years | nan% |
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-18 | $nan | 320 |
| 2026-06-12 | $0.03 | 0 |
| 2026-06-11 | $0.03 | 0 |
| 2026-06-10 | $0.03 | 0 |
| 2026-06-09 | $0.03 | 0 |
| 2026-06-08 | $0.03 | 0 |
| 2026-06-05 | $0.03 | 0 |
| 2026-06-04 | $0.03 | 0 |
| 2026-06-03 | $0.03 | 0 |
| 2026-06-02 | $0.03 | 0 |
| 2026-06-01 | $0.03 | 0 |
| 2026-05-29 | $0.03 | 0 |
| 2026-05-28 | $0.03 | 0 |
| 2026-05-27 | $0.03 | 0 |
| 2026-05-26 | $0.03 | 0 |
| 2026-05-22 | $0.03 | 0 |
| 2026-05-21 | $0.03 | 0 |
| 2026-05-20 | $0.03 | 0 |
| 2026-05-19 | $0.03 | 0 |
About SAIHEAT Limited
SAIHEAT Limited engages in the development of liquid cooling technologies for cryptocurrency assets. It provides SAIHUB CAB, an indoor cabinet that turns traditional air-cooled bitcoin mining machines into liquid-cooled bitcoin mining machines; ULTIWIT System, a series of outdoor infrastructure products; and advanced computing center ecosystem, a suite of liquid-cooling system that enable carbon-negative data center operations by repurposing waste computing heat. The company also offers mobile and resilient outdoor computing infrastructure units comprising WITBOX product line, including TANKBOX, RACKBOX, and HYDROBOX; HEATBOX, a product line that regulates, supplies, and controls recovered computing heat generated from computing servers; and USERBOX, a design and product that supports computing heat recovery applications. In addition, it provides bitcoin mining machine hosting and mining pool services; and engages in cryptocurrency mining operations comprising Bitcoins. The company was formerly known as SAI.TECH Global Corporation and changed its name to SAIHEAT Limited in August 2024. SAIHEAT Limited was founded in 2019 and is based in Singapore.
đ° Latest News
Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $6,868,000 | $6,553,000 | $6,319,000 | $9,498,000 |
| Cost Of Revenue | $6,868,000 | $6,553,000 | $6,319,000 | $9,498,000 |
| Total Revenue | $4,522,000 | $5,543,000 | $6,776,000 | $10,638,000 |
| Operating Revenue | $4,522,000 | $5,543,000 | $6,776,000 | $10,638,000 |
| Expenses | ||||
| Total Expenses | $9,788,000 | $13,452,000 | $14,009,000 | $17,152,000 |
| Other Income Expense | $-1,188,000 | $2,023,000 | $1,113,000 | $-2,331,000 |
| Other Non Operating Income Expenses | $369,000 | $2,023,000 | $1,251,000 | $-1,380,000 |
| Operating Expense | $2,920,000 | $6,899,000 | $7,690,000 | $7,654,000 |
| Selling And Marketing Expense | $279,000 | $284,000 | $1,134,000 | $1,098,000 |
| General And Administrative Expense | $2,424,000 | $5,973,000 | $5,703,000 | $6,080,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-6,454,000 | $-5,886,000 | $-6,120,000 | $-8,845,000 |
| Normalized Income | $-4,897,000 | $-5,886,000 | $-5,982,000 | $-7,894,000 |
| Net Income From Continuing And Discontinued Operation | $-6,454,000 | $-5,886,000 | $-6,120,000 | $-8,845,000 |
| Total Operating Income As Reported | $-6,823,000 | $-7,909,000 | $-7,371,000 | $-7,465,000 |
| Net Income Common Stockholders | $-6,454,000 | $-5,886,000 | $-6,120,000 | $-8,845,000 |
| Net Income | $-6,454,000 | $-5,886,000 | $-6,120,000 | $-8,845,000 |
| Net Income Including Noncontrolling Interests | $-6,454,000 | $-5,886,000 | $-6,120,000 | $-8,845,000 |
| Net Income Continuous Operations | $-6,454,000 | $-5,886,000 | $-6,120,000 | $-8,845,000 |
| Pretax Income | $-6,454,000 | $-5,886,000 | $-6,120,000 | $-8,845,000 |
| Special Income Charges | $-1,557,000 | $0 | $-138,000 | $-951,000 |
| Operating Income | $-5,266,000 | $-7,909,000 | $-7,233,000 | $-6,514,000 |
| Gross Profit | $-2,346,000 | $-1,010,000 | $457,000 | $1,140,000 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-2,156,000 | $-6,010,000 | $-5,527,000 | $-3,742,000 |
| Total Unusual Items | $-1,557,000 | $0 | $-138,000 | $-951,000 |
| Total Unusual Items Excluding Goodwill | $-1,557,000 | $0 | $-138,000 | $-951,000 |
| Reconciled Depreciation | $1,553,000 | $1,899,000 | $1,568,000 | $1,821,000 |
| EBITDA (Bullshit earnings) | $-3,713,000 | $-6,010,000 | $-5,665,000 | $-4,693,000 |
| EBIT | $-5,266,000 | $-7,909,000 | $-7,233,000 | $-6,514,000 |
| Diluted NI Availto Com Stockholders | $-6,454,000 | $-5,886,000 | $-6,120,000 | $-8,845,000 |
| Tax Provision | $0 | $0 | $0 | $0 |
| Impairment Of Capital Assets | $1,557,000 | $0 | $138,000 | $951,000 |
| Research And Development | $217,000 | $642,000 | $853,000 | $476,000 |
| Selling General And Administration | $2,703,000 | $6,257,000 | $6,837,000 | $7,178,000 |
| Other Gand A | $2,424,000 | $5,973,000 | $5,703,000 | $6,080,000 |
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $7,399,000 | $14,366,000 | $16,820,000 | $20,220,000 |
| Total Assets | $12,714,000 | $18,534,000 | $18,075,000 | $21,100,000 |
| Total Non Current Assets | $1,471,000 | $4,559,000 | $5,824,000 | $2,409,000 |
| Current Assets | $11,243,000 | $13,975,000 | $12,251,000 | $18,691,000 |
| Other Current Assets | $9,558,000 | $10,073,000 | $7,171,000 | $5,131,000 |
| Restricted Cash | $0 | $41,000 | $0 | - |
| Prepaid Assets | $62,000 | $1,106,000 | $312,000 | $78,000 |
| Inventory | $63,000 | $772,000 | $44,000 | $152,000 |
| Receivables | $1,313,000 | $925,000 | $1,467,000 | $2,103,000 |
| Taxes Receivable | $1,020,000 | $688,000 | $567,000 | $562,000 |
| Accounts Receivable | $293,000 | $237,000 | $900,000 | $1,541,000 |
| Cash Cash Equivalents And Short Term Investments | $247,000 | $1,058,000 | $3,257,000 | $11,227,000 |
| Cash And Cash Equivalents | $202,000 | $1,038,000 | $3,176,000 | $11,215,000 |
| Other Non Current Assets | - | $3,080,000 | - | - |
| Goodwill And Other Intangible Assets | - | $0 | $0 | $94,000 |
| Receivables Adjustments Allowances | - | $0 | $0 | $0 |
| Other Intangible Assets | - | - | - | $94,000 |
| Non Current Deferred Assets | - | - | - | - |
| Non Current Deferred Taxes Assets | - | - | - | - |
| Debt | ||||
| Net Debt | $3,478,000 | $1,077,000 | - | - |
| Total Debt | $4,195,000 | $2,683,000 | $810,000 | $419,000 |
| Long Term Debt And Capital Lease Obligation | $432,000 | $486,000 | $569,000 | $231,000 |
| Current Debt And Capital Lease Obligation | $3,763,000 | $2,197,000 | $241,000 | $188,000 |
| Current Debt | $3,680,000 | $2,115,000 | - | - |
| Other Current Borrowings | $3,680,000 | $2,115,000 | - | - |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $5,315,000 | $4,168,000 | $1,255,000 | $786,000 |
| Total Non Current Liabilities Net Minority Interest | $432,000 | $486,000 | $569,000 | $231,000 |
| Current Liabilities | $4,883,000 | $3,682,000 | $686,000 | $555,000 |
| Current Deferred Liabilities | $10,000 | $870,000 | $0 | $0 |
| Payables And Accrued Expenses | $1,110,000 | $615,000 | $445,000 | $367,000 |
| Payables | $1,008,000 | $502,000 | $87,000 | $208,000 |
| Other Payable | $287,000 | $55,000 | $42,000 | $43,000 |
| Total Tax Payable | $6,000 | $9,000 | - | $0 |
| Accounts Payable | $715,000 | $438,000 | $45,000 | $165,000 |
| Income Tax Payable | - | - | - | $0 |
| Equity | ||||
| Common Stock Equity | $7,399,000 | $14,366,000 | $16,820,000 | $20,314,000 |
| Total Equity Gross Minority Interest | $7,399,000 | $14,366,000 | $16,820,000 | $20,314,000 |
| Stockholders Equity | $7,399,000 | $14,366,000 | $16,820,000 | $20,314,000 |
| Gains Losses Not Affecting Retained Earnings | $-513,000 | $-542,000 | $-517,000 | $-461,000 |
| Other Equity Adjustments | $-513,000 | $-542,000 | $-517,000 | $-461,000 |
| Retained Earnings | $-44,283,000 | $-37,231,000 | $-31,345,000 | $-25,257,000 |
| Preferred Securities Outside Stock Equity | - | - | - | $0 |
| Preferred Stock Equity | - | - | - | - |
| Other Equity Interest | - | - | - | - |
| Other | ||||
| Ordinary Shares Number | $1,832,360 | $1,752,950 | $1,602,928 | $1,529,769 |
| Share Issued | $1,832,360 | $1,752,950 | $1,602,928 | $1,529,769 |
| Tangible Book Value | $7,399,000 | $14,366,000 | $16,820,000 | $20,220,000 |
| Invested Capital | $11,079,000 | $16,481,000 | $16,820,000 | $20,314,000 |
| Working Capital | $6,360,000 | $10,293,000 | $11,565,000 | $18,136,000 |
| Capital Lease Obligations | $515,000 | $568,000 | $810,000 | $419,000 |
| Total Capitalization | $7,399,000 | $14,366,000 | $16,820,000 | $20,314,000 |
| Additional Paid In Capital | $52,192,000 | $52,137,000 | $48,680,000 | $46,030,000 |
| Capital Stock | $3,000 | $2,000 | $2,000 | $2,000 |
| Common Stock | $3,000 | $2,000 | $2,000 | $2,000 |
| Long Term Capital Lease Obligation | $432,000 | $486,000 | $569,000 | $231,000 |
| Current Deferred Revenue | $10,000 | $870,000 | $0 | $0 |
| Current Capital Lease Obligation | $83,000 | $82,000 | $241,000 | $188,000 |
| Current Accrued Expenses | $102,000 | $113,000 | $358,000 | $159,000 |
| Net PPE | $1,471,000 | $4,559,000 | $5,824,000 | $2,315,000 |
| Accumulated Depreciation | $-3,846,000 | $-3,450,000 | $-1,860,000 | $-1,831,000 |
| Gross PPE | $5,317,000 | $8,009,000 | $7,684,000 | $4,146,000 |
| Other Properties | $2,210,000 | $3,733,000 | $3,507,000 | $2,731,000 |
| Machinery Furniture Equipment | $3,107,000 | $4,276,000 | $3,575,000 | $1,415,000 |
| Finished Goods | $63,000 | $766,000 | $0 | $0 |
| Other Short Term Investments | $45,000 | $20,000 | $81,000 | $12,000 |
| Preferred Stock | - | $0 | $0 | $0 |
| Construction In Progress | - | $0 | $602,000 | $0 |
| Other Inventories | - | $6,000 | $44,000 | $152,000 |
| Dueto Related Parties Current | - | - | - | - |
| Duefrom Related Parties Current | - | - | - | - |
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-7,617,000 | $-6,267,000 | $-8,174,000 | $-6,805,000 |
| Operating Activities | ||||
| Operating Cash Flow | $-7,617,000 | $-5,554,000 | $-3,125,000 | $-4,933,000 |
| Cash Flow From Continuing Operating Activities | $-7,617,000 | $-5,554,000 | $-3,125,000 | $-4,933,000 |
| Operating Gains Losses | $-3,000 | $2,000 | $354,000 | $718,000 |
| Investing Activities | ||||
| Investing Cash Flow | $5,164,000 | $1,347,000 | $-4,897,000 | $-6,424,000 |
| Cash Flow From Continuing Investing Activities | $5,164,000 | $1,347,000 | $-4,897,000 | $-6,424,000 |
| Net Other Investing Changes | $-25,000 | $61,000 | $-69,000 | $-12,000 |
| Capital Expenditure | - | $-713,000 | $-5,049,000 | $-1,872,000 |
| Financing Activities | ||||
| Issuance Of Capital Stock | $0 | $0 | $9,000 | $18,533,000 |
| Financing Cash Flow | $1,565,000 | $2,115,000 | $9,000 | $18,533,000 |
| Cash Flow From Continuing Financing Activities | $1,565,000 | $2,115,000 | $9,000 | $18,533,000 |
| Net Common Stock Issuance | $0 | $0 | $9,000 | $18,533,000 |
| Common Stock Issuance | $0 | $0 | $9,000 | $18,533,000 |
| Net Preferred Stock Issuance | - | - | $0 | $0 |
| Preferred Stock Issuance | - | - | $0 | $0 |
| Other | ||||
| End Cash Position | $202,000 | $1,079,000 | $3,176,000 | $11,215,000 |
| Beginning Cash Position | $1,079,000 | $3,176,000 | $11,215,000 | $4,477,000 |
| Effect Of Exchange Rate Changes | $11,000 | $-5,000 | $-26,000 | $-438,000 |
| Changes In Cash | $-888,000 | $-2,092,000 | $-8,013,000 | $7,176,000 |
| Net Issuance Payments Of Debt | $1,565,000 | $2,115,000 | $0 | $0 |
| Net Short Term Debt Issuance | $1,565,000 | $2,115,000 | $0 | $0 |
| Net Investment Purchase And Sale | $4,950,000 | $1,926,000 | $106,000 | $-4,600,000 |
| Sale Of Investment | $4,950,000 | $1,926,000 | $106,000 | - |
| Net PPE Purchase And Sale | $239,000 | $-640,000 | $-4,934,000 | $-1,812,000 |
| Sale Of PPE | $239,000 | $73,000 | $115,000 | $60,000 |
| Purchase Of PPE | $0 | $-713,000 | $-5,049,000 | $-1,872,000 |
| Change In Working Capital | $-3,704,000 | $-2,993,000 | $-921,000 | $-638,000 |
| Change In Other Working Capital | $-866,000 | $879,000 | - | $-59,000 |
| Change In Other Current Liabilities | $-103,000 | $-241,000 | $-219,000 | $-185,000 |
| Change In Other Current Assets | $-3,846,000 | $-3,170,000 | $-1,300,000 | $-37,000 |
| Change In Payables And Accrued Expense | $-87,000 | $172,000 | $83,000 | $-818,000 |
| Change In Payable | $-87,000 | $172,000 | $83,000 | $-818,000 |
| Change In Account Payable | $-303,000 | $396,000 | $-119,000 | $-1,096,000 |
| Change In Prepaid Assets | $1,018,000 | $-756,000 | $-277,000 | $797,000 |
| Change In Inventory | $506,000 | $-735,000 | $106,000 | $30,000 |
| Change In Receivables | $-326,000 | $858,000 | $686,000 | $-366,000 |
| Stock Based Compensation | $25,000 | $3,458,000 | $2,641,000 | $1,060,000 |
| Unrealized Gain Loss On Investment Securities | $-591,000 | $-2,034,000 | $-785,000 | - |
| Asset Impairment Charge | $1,557,000 | $0 | $138,000 | $951,000 |
| Depreciation Amortization Depletion | $1,553,000 | $1,899,000 | $1,568,000 | $1,821,000 |
| Depreciation And Amortization | $1,553,000 | $1,899,000 | $1,568,000 | $1,821,000 |
| Depreciation | $1,553,000 | $1,899,000 | $1,568,000 | $1,821,000 |
| Gain Loss On Sale Of PPE | $-3,000 | $2,000 | $402,000 | $718,000 |
| Gain Loss On Sale Of Business | $0 | $0 | $-48,000 | $0 |
| Net Income From Continuing Operations | $-6,454,000 | $-5,886,000 | $-6,120,000 | $-8,845,000 |
| Change In Tax Payable | - | - | $0 | $0 |
| Change In Income Tax Payable | - | - | $0 | $0 |
| Changes In Account Receivables | - | - | $686,000 | $-366,000 |
| Provisionand Write Offof Assets | - | - | $0 | $0 |
| Deferred Tax | - | - | $0 | $0 |
| Deferred Income Tax | - | - | $0 | $0 |
| Purchase Of Investment | - | - | - | $-4,600,000 |
| Net Intangibles Purchase And Sale | - | - | - | $0 |
| Purchase Of Intangibles | - | - | - | $0 |
| Other Non Cash Items | - | - | - | - |