reAlpha Tech Corp.
AIRENasdaqReal Estate · Real Estate · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | |
|---|---|---|---|
| Revenue | $4.5M | $948,420 | $419,412 |
| Operating income | −$16.0M | −$6.9M | −$4.9M |
| Net income | −$17.6M | −$26.0M | −$5.5M |
| Total assets | $21.7M | $12.0M | $27.4M |
| Total liabilities | $9.2M | $10.4M | $2.7M |
| Equity | $11.5M | $1.6M | $24.7M |
| EPS (diluted) | $-0.23 | $-0.58 | $-0.13 |
| Shares out. | 46.2M | 45.9M | 44.1M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −354.3%
- Net margin
- −389.4%
- Return on equity
- −153.1%
- Return on assets
- −81.0%
- Return on capital (ROCE)
- −88.5%
- Liabilities / assets
- 42.3%
- Debt / equity
- 0.80×
- Book value / share
- $0.25
- Revenue growth (YoY)
- 376.4%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -10.19distress
- Accruals / assets
- −29.2%clean
- Piotroski F-Score
- 6/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 2 severe● 3 warning● 3 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Negative operating cash flow
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗May 16, 2025
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2025
- NT 10-Qmissed a reporting deadline ↗Dec 18, 2023
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 407,055 | 1.8 | +59.7% |
| Apr 30, 2026 | 254,886 | 1.8 | -94.6% |
| Apr 15, 2026 | 4.8M | 4.3 | +32.4% |
| Mar 31, 2026 | 3.6M | 2.3 | +1.7% |
| Mar 13, 2026 | 3.5M | 2.3 | -17.4% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Other material eventMay 14, 2026
- Costs from exit or disposal · Regulation FD disclosureMay 6, 2026
- Modified shareholder rights · Amended charter or bylaws · Regulation FD disclosureApr 28, 2026
- Results of operations · Director / officer changeApr 28, 2026
- Director / officer changeMar 20, 2026
- Results of operations · Regulation FD disclosureMar 12, 2026
- Delisting / listing-standard notice · Director / officer change · Regulation FD disclosureFeb 27, 2026
- Results of operationsFeb 11, 2026
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 8-KCURRENT REPORTMay 14, 2026
- 8-KCURRENT REPORTMay 6, 2026
- 4May 4, 2026
- 4May 4, 2026
- 4May 4, 2026
- 4May 4, 2026
- 4May 4, 2026
- 4May 4, 2026
- 4/AMay 4, 2026
- 8-KCURRENT REPORTApr 28, 2026
- 8-KCURRENT REPORTApr 28, 2026
- 10-QQUARTERLY REPORTApr 28, 2026
- 4Apr 20, 2026
- 3Apr 2, 2026
- 8-KCURRENT REPORTMar 20, 2026
Event-driven situations (1)
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