Rank One Computing Corporation 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, disclosing revenue growth, a swing to positive operating income in the third quarter, and a significant increase in total assets following equity activity.

Key Highlights

  • Q3 2026 sales of $8,004,768, up from $5,349,990 in Q3 2025, according to the filing.
  • Q3 2026 operating income of $598,309, compared to an operating loss of $65,122 in Q3 2025.
  • Nine-month operating loss of $3,247,238, widening from a loss of $258,706 in the nine months ended September 30, 2025.
  • Total assets of $24,943,156 as of September 30, 2026, versus $6,965,621 as of December 31, 2025.
  • Cash of $7,473,292 as of September 30, 2026, compared to $270,560 at December 31, 2025.
  • Shares issued and outstanding of 19,560,771 as of September 30, 2026, up from 15,021,650 at December 31, 2025.
  • Total stockholders' equity of $19,608,180 as of September 30, 2026, reversing a deficit of $292,271 at December 31, 2025.

Rank One Computing's Financial Position and Results Through September 30, 2026

According to the filing, Rank One Computing Corporation (NASDAQ:ROC) reported third-quarter 2026 sales of $8,004,768, an increase from $5,349,990 in the same quarter of 2025. Gross profit for Q3 2026 was $7,190,013, compared to $4,206,515 in Q3 2025. The company reported operating income of $598,309 for the three months ended September 30, 2026, a turnaround from an operating loss of $65,122 in the prior-year quarter. Total operating expenses for Q3 2026 were $6,591,704, consisting of selling, general and administrative expenses of $3,914,393 and research and development expenses of $2,677,311.

For the nine months ended September 30, 2026, the filing disclosed sales of $15,646,391 against $13,492,434 for the same period in 2025. The nine-month operating loss was $3,247,238, compared to a loss of $258,706 in the nine months ended September 30, 2025. The company reported nine-month cost of sales of $1,884,023 and gross profit of $13,762,368, with total operating expenses of $17,009,606 for that period, including selling, general and administrative expenses of $10,174,761 and research and development expenses of $6,834,845.

The balance sheet as of September 30, 2026, reflected total assets of $24,943,156, compared to $6,965,621 at December 31, 2025. The filing noted that cash rose to $7,473,292 from $270,560, and accounts receivable, net, increased to $11,098,334 from $4,155,230. Additional paid-in capital grew to $27,321,562 from $4,226,455, contributing to the shift from a stockholders' deficit of $292,271 at year-end 2025 to stockholders' equity of $19,608,180 at September 30, 2026. The accumulated deficit stood at $7,908,990 as of September 30, 2026, versus $4,668,943 at December 31, 2025. As of November 6, 2026, the company reported 19,592,457 shares of common stock outstanding.

What Was Disclosed

Rank One Computing Corporation filed a Form 10-Q for the quarter ended September 30, 2026, disclosing quarterly sales growth, a return to quarterly operating income, a large increase in cash and total assets, and a move from stockholders' deficit to positive stockholders' equity.