Karbon-X Corp. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that Karbon-X Corp. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $3.16M | Sep 17, 2025 |
| FY2025 | May 31, 2024 | $412.1K | Sep 17, 2025 |
| FY2024 | May 31, 2023 | $9.8K | Sep 13, 2024 |
| FY2023 | May 31, 2022 | $0 | Sep 13, 2023 |
| FY2021 | May 31, 2021 | $0 | Aug 30, 2021 |
| FY2021 | May 31, 2020 | $0 | Aug 30, 2021 |
| FY2020 | May 31, 2019 | $0 | Aug 31, 2020 |
Gross Profit
Revenue minus the cost of goods sold (COGS). Gross profit shows how much revenue remains to cover operating expenses, R&D, and administrative costs before calculating operating income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $801.5K | Sep 17, 2025 |
| FY2025 | May 31, 2024 | $56.0K | Sep 17, 2025 |
| FY2024 | May 31, 2023 | $8.8K | Sep 13, 2024 |
| FY2023 | May 31, 2022 | $0 | Sep 13, 2023 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | ($7.05M) | Sep 17, 2025 |
| FY2025 | May 31, 2024 | ($2.74M) | Sep 17, 2025 |
| FY2024 | May 31, 2023 | ($1.99M) | Sep 13, 2024 |
| FY2023 | May 31, 2022 | ($234.7K) | Sep 13, 2023 |
| FY2021 | May 31, 2021 | ($30.7K) | Aug 30, 2021 |
| FY2021 | May 31, 2020 | ($36.5K) | Aug 30, 2021 |
| FY2021 | May 31, 2019 | ($15.3K) | Aug 30, 2021 |
| FY2019 | May 31, 2018 | ($1.7K) | Aug 22, 2019 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | ($6.65M) | Sep 17, 2025 |
| FY2025 | May 31, 2024 | ($1.51M) | Sep 17, 2025 |
| FY2024 | May 31, 2023 | ($1.98M) | Sep 13, 2024 |
| FY2023 | May 31, 2022 | ($238.7K) | Sep 13, 2023 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | ($6.50M) | Sep 17, 2025 |
| FY2025 | May 31, 2024 | ($1.10M) | Sep 17, 2025 |
| FY2024 | May 31, 2023 | ($1.49M) | Sep 13, 2024 |
| FY2023 | May 31, 2022 | ($184.6K) | Sep 13, 2023 |
| FY2021 | May 31, 2021 | ($142) | Aug 30, 2021 |
| FY2021 | May 31, 2020 | ($14.8K) | Aug 30, 2021 |
| FY2020 | May 31, 2019 | ($4.0K) | Aug 31, 2020 |
| FY2019 | May 31, 2018 | ($41) | Aug 22, 2019 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $2.5K | Sep 17, 2025 |
| FY2025 | May 31, 2024 | $0 | Sep 17, 2025 |
| FY2024 | May 31, 2023 | $7.1K | Sep 13, 2024 |
| FY2023 | May 31, 2022 | $3.3K | Sep 13, 2023 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $6.78M | Sep 17, 2025 |
| FY2025 | May 31, 2024 | $3.97M | Sep 17, 2025 |
| FY2024 | May 31, 2023 | $2.52M | Sep 13, 2024 |
| FY2023 | May 31, 2022 | $671.6K | Sep 13, 2023 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $8.15M | Sep 17, 2025 |
| FY2025 | May 31, 2024 | $1.14M | Sep 17, 2025 |
| FY2024 | May 31, 2023 | $249.9K | Sep 13, 2024 |
| FY2023 | May 31, 2022 | $33.7K | Sep 13, 2023 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | ($1.37M) | Sep 17, 2025 |
| FY2025 | May 31, 2024 | $2.83M | Sep 17, 2025 |
| FY2025 | May 31, 2023 | $2.27M | Sep 17, 2025 |
| FY2024 | May 31, 2022 | $637.9K | Sep 13, 2024 |
| FY2023 | May 31, 2021 | $0 | Sep 13, 2023 |
| FY2021 | May 31, 2020 | ($34.6K) | Aug 30, 2021 |
| FY2021 | May 31, 2019 | ($13.0K) | Aug 30, 2021 |
| FY2021 | May 31, 2018 | $2.3K | Aug 30, 2021 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | ($11.99M) | Sep 17, 2025 |
| FY2025 | May 31, 2024 | ($4.94M) | Sep 17, 2025 |
| FY2024 | May 31, 2023 | ($2.19M) | Sep 13, 2024 |
| FY2023 | May 31, 2022 | ($204.2K) | Sep 13, 2023 |
| FY2021 | May 31, 2021 | ($84.1K) | Aug 30, 2021 |
| FY2021 | May 31, 2020 | ($53.5K) | Aug 30, 2021 |
| FY2020 | May 31, 2019 | ($17.0K) | Aug 31, 2020 |
| FY2019 | May 31, 2018 | ($1.7K) | Aug 22, 2019 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | May 31, 2024 | $2.68M | Sep 13, 2024 |
| FY2024 | May 31, 2023 | $206.8K | Sep 13, 2024 |
| FY2023 | May 31, 2022 | $477.3K | Sep 13, 2023 |
| FY2022 | May 31, 2021 | $0 | Sep 13, 2022 |
| FY2021 | May 31, 2020 | $494 | Aug 30, 2021 |
| FY2021 | May 31, 2019 | $54 | Aug 30, 2021 |
| FY2020 | May 31, 2018 | $4.0K | Aug 31, 2020 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | 0 | Sep 17, 2025 |
| FY2025 | May 31, 2024 | 0 | Sep 17, 2025 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | 81.99M | Sep 17, 2025 |
| FY2025 | May 31, 2024 | 82.17M | Sep 17, 2025 |
| FY2024 | May 31, 2023 | 73.54M | Sep 13, 2024 |
| FY2023 | May 31, 2022 | 68.32M | Sep 13, 2023 |
| FY2021 | May 31, 2021 | 64.90M | Aug 30, 2021 |
| FY2021 | May 31, 2020 | 64.90M | Aug 30, 2021 |
| FY2020 | May 31, 2019 | 200.00M | Aug 31, 2020 |
| FY2019 | May 31, 2018 | 4.00M | Aug 22, 2019 |