On the stock market since 2019, it operates in the world of automobiles. It has 1 employee. Now — the numbers.
The company is still in the product-building phase: its spending runs far above its sales. That only changes once the product starts selling at scale.
Red columns mark years that ended in a loss.
Before the clock runs out, either sales must climb sharply or new money must come in. For now, time is on the company’s side.
Executives buying with their own money is usually read as confidence in the company’s future.
The stock trades 26% below its peak. The market has trimmed its expectations for the company.
There is $44.3M in the vault; even if every debt were paid off, $5.9M would remain.
Over the last 12 months, company executives reported 22 buys and 0 sells. Management buying with its own money is usually read as a good sign.
A loss of $619K against $0 in annual sales.
As the slice kept from each sale thins out, so does the profit.
On our five-subject report card, NRDE sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”
The takeaway: NRDE is a high-risk stock — not yet profitable, and its future rides on its product catching on.