Oct. 4 at 7:47 PM
$NBIS Per June 30 2025 ER reports
Current Ratio
NBIS 14.7 CRWV 0.52
CRWV can't even service their current debt without an injection of cash. Their current debt of
$3,627,664 alone is almost the sum of their total current assets
$3,945,983.
CRWV revenue growth from June 24 to June 25 was 306% while their interest expense grew by 400% (266,966,000 vs 66,766,000)
NBIS revenue grew by 695% - their interest expense for 2025 was 4.8 mill vs O in 2024
CRWV will have to borrow more money or dilution in order to discharge their current liabilities other wise it's a going concern issue.
CRWV is buying their revenue with debt - they are too aggressive. They have 4,847,519 (current and non-current) deferred revenue meaning they have received the cash but haven't done the job. Based on cash balance they spent a lot of it.