FIEE, Inc. filed its quarterly report on Form 10-Q with the SEC on November 13, 2026, covering the three and nine months ended September 30, 2026.

Key Highlights

  • Nine-month revenue: The company reported revenues of $9,567,853 for the nine months ended September 30, 2026, compared to $1,984,660 for the same period in 2025, according to the filing.
  • Net income swing: Net income attributable to owners of parent was $3,583,728 for the nine months ended September 30, 2026, versus a net loss of $1,266,575 in the prior-year period.
  • Q3 operating income: The company reported operating income of $752,465 for the three months ended September 30, 2026, compared to an operating loss of $100,606 in Q3 2025.
  • Total assets: Total assets were $15,284,546 as of September 30, 2026, up from $10,771,135 as of December 31, 2025.
  • Accumulated deficit reduced: The accumulated deficit narrowed to $92,037,851 at September 30, 2026, from $95,621,579 at December 31, 2025.
  • Shares outstanding: As of November 13, 2026, the registrant had 8,528,598 shares of common stock, $0.01 par value per share, outstanding.
  • Earnings per share: Diluted earnings per common share for the nine months ended September 30, 2026 were $0.24, compared to a diluted loss per share of $0.25 in the prior-year period.

FIEE Inc. Reports Revenue and Profitability Improvement Through Third Quarter 2026

According to the Form 10-Q filed with the SEC by FIEE, Inc. (NASDAQ:FIEE), a Delaware-incorporated company headquartered in Osaka, Japan, revenues for the nine months ended September 30, 2026 reached $9,567,853, compared to $1,984,660 for the nine months ended September 30, 2025. For the three months ended September 30, 2026, the company disclosed revenues of $2,620,524, up from $1,939,542 in the third quarter of 2025. Cost of revenues for the nine-month period was $2,272,094, producing a gross profit of $7,295,759.

The filing reported total operating expenses of $3,473,017 for the nine months ended September 30, 2026, resulting in operating income of $3,822,742 for that period, compared to an operating loss of $1,108,638 in the same nine-month period of 2025. Net income for the nine months ended September 30, 2026 was $3,578,371. After allocation to participating preferred stock of $1,002,586, net income attributable to common stockholders was $2,581,142 for the nine-month period. Basic earnings per common share were $0.31 and diluted earnings per common share were $0.24 for the nine months ended September 30, 2026.

On the balance sheet, the company disclosed total stockholders' equity of $12,838,052 as of September 30, 2026, compared to $6,589,378 as of December 31, 2025. Total current liabilities decreased to $2,446,494 from $4,181,757 over the same period, with contract liabilities falling to $101,896 from $1,497,721. The company also disclosed the acquisition of subsidiaries during the period, with goodwill of $24,990 recorded as of September 30, 2026, and the appearance of noncontrolling interests of negative $49,873 on the consolidated balance sheet. Stock-based compensation recognized during the nine-month period totaled $766,786 across all three quarters, as reflected in the equity rollforward.

What Was Disclosed

FIEE, Inc. disclosed its unaudited condensed consolidated financial results for the three and nine months ended September 30, 2026, showing revenues and net income that increased compared to the same periods in 2025, along with balance sheet changes including reduced contract liabilities and a narrowed accumulated deficit.