📊 ASPI Key Takeaways
Is ASP Isotopes Inc. (ASPI) a Good Investment?
ASP Isotopes demonstrates strong revenue growth (+475.5% YoY) with healthy 39.9% gross margins, but faces severe profitability challenges with operating losses of -$24.9M and negative free cash flow of -$23.9M. Despite a strong balance sheet with $207.3M cash and conservative 0.20x leverage, the company's inability to convert gross profit to operating profit and ongoing operational cash burn present substantial execution risk.
ASP Isotopes is showing exceptional top-line growth, but the quality of that growth remains weak because margins are still deeply negative and losses are extremely large relative to revenue. The balance sheet is currently supported by strong cash and modest leverage, but sustained negative operating cash flow and heavy free cash outflows make execution and eventual margin improvement critical.
ASP Isotopes Inc. Key Strengths (ASPI)
- Exceptional revenue growth of 475.5% YoY demonstrating strong market demand
- Healthy gross margin of 39.9% indicating viable unit economics at product level
- Strong liquidity position with 4.39x current ratio and $207.3M cash providing operational runway
- Conservative capital structure with 0.20x debt/equity ratio and substantial equity cushion
- Revenue growth is extremely strong, indicating early commercial traction
- Liquidity is robust with $113.90M in cash and current/quick ratios above 6x
- Leverage is relatively modest with debt/equity of 0.19x and limited long-term debt
ASPI Stock Risks: ASP Isotopes Inc. Investment Risks
- Significant operating losses of -$24.9M with -595.4% operating margin indicating inability to scale profitably
- Negative free cash flow of -$23.9M annually with ongoing operational cash burn unsustainable long-term
- Large gap between gross profit ($1.7M) and operating income (-$24.9M) suggests excessive operating expenses relative to revenue scale
- At current burn rate, $207.3M cash provides only ~8.7 years of runway, requiring path to profitability before depletion
- Profitability is severely negative, with operating and net margins far below sustainable levels
- Cash generation is weak, with negative operating cash flow and deeply negative free cash flow
- Current growth may be low quality if scaling does not materially improve gross margin and reduce losses
Key Metrics to Watch
- Operating cash flow trajectory and timeline to cash flow breakeven
- Operating expense ratio as percentage of revenue and ability to achieve operating leverage
- Net loss reduction and timeline to net profitability
- Cash burn rate trends and estimated runway remaining
- Gross margin progression and operating loss relative to revenue
- Operating cash flow and free cash flow burn rate
ASP Isotopes Inc. (ASPI) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 4.39x current ratio provides a solid financial cushion.
ASPI Profit Margin, ROE & Profitability Analysis
ASPI vs Materials Sector: How ASP Isotopes Inc. Compares
How ASP Isotopes Inc. compares to Materials sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is ASP Isotopes Inc. Stock Overvalued? ASPI Valuation Analysis 2026
Based on fundamental analysis, ASP Isotopes Inc. has mixed fundamental signals relative to the Materials sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
ASP Isotopes Inc. Balance Sheet: ASPI Debt, Cash & Liquidity
ASPI Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: ASP Isotopes Inc.'s revenue has grown significantly by 5,408% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.63 indicates the company is currently unprofitable.
ASPI Revenue Growth, EPS Growth & YoY Performance
ASPI Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $1.1M | -$7.1M | $-0.06 |
| Q3 2025 | $1.1M | -$7.0M | $-0.12 |
| Q2 2025 | $1.0M | -$7.0M | $-0.24 |
| Q1 2025 | $840.4K | -$7.0M | $-0.12 |
| Q3 2024 | N/A | -$3.6M | $-0.12 |
| Q2 2024 | N/A | -$3.6M | N/A |
| Q1 2024 | N/A | -$3.6M | N/A |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
ASP Isotopes Inc. Dividends, Buybacks & Capital Allocation
ASPI SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for ASP Isotopes Inc. (CIK: 0001921865)
📋 Recent SEC Filings
❓ Frequently Asked Questions about ASPI
What is the AI rating for ASPI?
ASP Isotopes Inc. (ASPI) has a Combined AI Grade of C from Claude (C) and ChatGPT (C) with 78% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are ASPI's key strengths?
Claude: Exceptional revenue growth of 475.5% YoY demonstrating strong market demand. Healthy gross margin of 39.9% indicating viable unit economics at product level. ChatGPT: Revenue growth is extremely strong, indicating early commercial traction. Liquidity is robust with $113.90M in cash and current/quick ratios above 6x.
What are the risks of investing in ASPI?
Claude: Significant operating losses of -$24.9M with -595.4% operating margin indicating inability to scale profitably. Negative free cash flow of -$23.9M annually with ongoing operational cash burn unsustainable long-term. ChatGPT: Profitability is severely negative, with operating and net margins far below sustainable levels. Cash generation is weak, with negative operating cash flow and deeply negative free cash flow.
What is ASPI's revenue and growth?
ASP Isotopes Inc. reported revenue of $4.2M.
Does ASPI pay dividends?
ASP Isotopes Inc. does not currently pay dividends.
Where can I find ASPI SEC filings?
Official SEC filings for ASP Isotopes Inc. (CIK: 0001921865) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is ASPI's EPS?
ASP Isotopes Inc. has a diluted EPS of $-0.06.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is ASPI's fundamental grade?
Based on our AI fundamental analysis in June 2026, ASP Isotopes Inc. has a C grade with 78% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is ASPI stock overvalued or undervalued?
Valuation metrics for ASPI: ROE of -2.5% (sector avg: 14%), net margin of -170.4% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
What is ASPI's AI grade for 2026?
Our dual AI analysis gives ASP Isotopes Inc. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is ASPI's free cash flow?
ASP Isotopes Inc.'s operating cash flow is $-17.8M, with capital expenditures of $6.1M. FCF margin is -571.7%.
How does ASPI compare to other Materials stocks?
Vs Materials sector averages: Net margin -170.4% (avg: 10%), ROE -2.5% (avg: 14%), current ratio 4.39 (avg: 1.6).