Sharps Technology Inc. Common Stock (STSS)

FairStock Score: 41/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for businesses that earn real money and can defend it. This one, now SkyAI but formerly Sharps Technology, says it is building an agentic finance platform with stablecoin rails and AI for underbanked users in Asia, Latin America, and Africa. The story may be large, but the filed numbers are tiny and ugly. In fiscal Q1 2026, revenue was $192,780 while net income was -$86.2 million, a negative margin of about -44,735%. Trailing free cash flow was -$182.8 million, which is -256.9% of the $71.1 million market cap at the 2026-07-17 close. That is not a cash-generating business; it is a cash-consuming one. The balance sheet looks lightly levered: D/E is 0.01. FairStock's Altman Z-Score is 16.14 and Piotroski F-Score is 5/9, so not every distress signal is flashing. FairStock's P/B is 0.13 at the close, which may look statistically cheap versus book value, but P/E is -0.02 and ROE is -202.97%, so book value is being destroyed. ROCE is -6.01%. The company has no dividend, a beta of 2.02, and a 52-week range of $0.91 to $5.81. FairStock's Lynch category is none because only 0 years of filed results exist and 3 are needed. That lack of history matters. FairStock's score is 41/100. The growth trajectory is impossible to underwrite from these figures. Revenue growth is not available. There is no visible moat. I would treat this as a speculative early-stage finance platform, not a value investment. The low price relative to book and low debt are not enough if losses and cash burn continue. A Graham-style investor demands a margin of safety in earnings and assets. Here the asset discount is offset by enormous negative returns and cash use. I would wait for evidence of durable revenue and a path to positive free cash flow.

In plain English: The company, now SkyAI and formerly Sharps Technology, plans an AI and stablecoin finance platform for underbanked users in Asia, Latin America, and Africa. The business looks weak today: in fiscal Q1 2026 it brought in only $192,780 of revenue but lost $86.2 million, and it used $182.8 million more cash than it generated over the trailing twelve months. The stock price is very low compared with its accounting book value, but because losses are so large, cheapness alone does not make the business look safe or healthy.

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Data as of 2026-07-17 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer