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Unusual Machines UMAC Warrants Exercised Cashless

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Other financials

Income statement

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Revenue$16.7M+687%
Gross profit$5.8M+630%
Operating income-$7.8M-9.0%
Net income-$7.8M-11.8%
EPS (diluted)-$0.16+50.0%

Balance sheet

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Cash & equivalents$229.6M+490%
Total debt$3.2M+961%
Total equity$388.0M+656%
Total assets$397.5M+658%

Cash flow

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Operating cash flow-$21.5M-705%
CapEx$698.2K
Free cash flow-$21.3M-626%

Valuation

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Market cap$1.23B+310%
Enterprise value$1B+284%
P/S38.6×-0.4×

Profitability

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Gross margin34.8%+5.6pp
Operating margin-93.5%-38.8pp
Net margin-20.3%-9.9pp
FCF margin-183.7%-665pp

Returns & leverage

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Return on equity-2.9%-1.5pp
Debt / equity0.0×
Current ratio53.8×+2.4×

Where this comes from

Reported directly by Unusual Machines in its filing.

Tagged under the XBRL concept UMAC:WarrantsExercisedCashless.

The source filing: Unusual Machines’s 10-K, filed March 12, 2026.

Filed
Mar 12, 2026, 4:04 PM EDT
Fiscal year
FY2025
Accession
0001683168-26-001730

On December 29, 2025, the Company issued 142,299 shares of common stock to our CEO and two board members related to exercising of 164,473 warrants of the October 2024 private placement.131,578 of these warrants were exercised on a cashless basis using the calculation as defined in the warrant agreement at a volume-weighted average price of $11.81 and issuing a total of 109,404 shares of common stock for the cashless exercise. 32,895 of these warrants were exercised for cash proceeds of $65,461 and issuing a total of 32,895 shares of common stock. The Company cancelled the 164,473 warrants related to these exercises upon issuance of the common stock.

Item 8. Financial Statements and Supplementary Data Item 8. Financial Statements and Supplementary Data

FAQ

What is Unusual Machines's warrants exercised cashless?
Unusual Machines (UMAC) reported warrants exercised cashless of $109.4K in Q4 2025.
What does warrants exercised cashless mean?
Warrants Exercised Cashless as reported by Unusual Machines, Inc..

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