📊 IONI Key Takeaways
Is I-ON Digital Corp. (IONI) a Good Investment?
I-ON Digital Corp demonstrates severe financial distress with zero revenue, persistent operating losses, and critically weak liquidity. The company is burning cash at an unsustainable rate with only $106.7K in cash against $3.3M in liabilities, indicating potential insolvency within months without capital injection.
I-ON Digital Corp.'s fundamentals are weak: revenue is effectively nonexistent, operating performance is deeply negative, and the business is consuming cash rather than generating it. While the balance sheet shows meaningful equity and no long-term debt, the extremely weak liquidity position and lack of operating scale materially outweigh those positives.
I-ON Digital Corp. Key Strengths (IONI)
- No long-term debt burden reducing financial obligations
- Positive stockholders equity of $14.9M provides some asset cushion
- Gross profit of $356.3K suggests operational activity exists despite zero reported revenue
- No long-term debt reduces balance sheet leverage risk
- Stockholders' equity remains substantial relative to liabilities
- Asset base of $18.15M provides some balance sheet support despite losses
IONI Stock Risks: I-ON Digital Corp. Investment Risks
- Catastrophic liquidity crisis with current ratio of 0.03x and quick ratio of -0.05x indicating inability to meet short-term obligations
- Revenue collapsed 66.7% YoY to zero with negative operating cash flow of -$681.6K consuming available capital
- Negative free cash flow of -$721.4K with only $106.7K cash on hand creates imminent solvency risk without external funding
- Consistent operating losses with negative ROE (-6.0%) and ROA (-4.9%) indicating value destruction
- Zero insider trading activity in last 90 days suggests lack of confidence from management
- Revenue has collapsed to $0.00, indicating very poor business traction and weak growth quality
- Operating loss, net loss, and negative free cash flow show an unprofitable and cash-burning business
- Current ratio of 0.03x and very low cash balance signal severe near-term liquidity risk
Key Metrics to Watch
- Monthly cash burn rate and cash runway duration
- Revenue stabilization or return to positive levels
- Operating cash flow trends and path to sustainability
- Any debt covenant violations or bankruptcy filings
- Capital raise announcements or debt restructuring activities
- Sustainable revenue generation and top-line recovery
- Operating cash flow and current liquidity improvement
I-ON Digital Corp. (IONI) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
IONI Profit Margin, ROE & Profitability Analysis
IONI vs Finance Sector: How I-ON Digital Corp. Compares
How I-ON Digital Corp. compares to Finance sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is I-ON Digital Corp. Stock Overvalued? IONI Valuation Analysis 2026
Based on fundamental analysis, I-ON Digital Corp. has mixed fundamental signals relative to the Finance 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.
I-ON Digital Corp. Balance Sheet: IONI Debt, Cash & Liquidity
IONI Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: I-ON Digital Corp.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $-0.07 indicates the company is currently unprofitable.
IONI Revenue Growth, EPS Growth & YoY Performance
IONI Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $27.0K | -$348.4K | $-0.01 |
| Q3 2025 | $32.6K | -$121.4K | $0.00 |
| Q2 2025 | $32.6K | -$293.9K | $-0.01 |
| Q1 2025 | $32.6K | -$293.9K | $-0.01 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
I-ON Digital Corp. Dividends, Buybacks & Capital Allocation
IONI SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for I-ON Digital Corp. (CIK: 0001580490)
📋 Recent SEC Filings
❓ Frequently Asked Questions about IONI
What is the AI rating for IONI?
I-ON Digital Corp. (IONI) has a Combined AI Grade of D from Claude (D) and ChatGPT (D) with 93% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are IONI's key strengths?
Claude: No long-term debt burden reducing financial obligations. Positive stockholders equity of $14.9M provides some asset cushion. ChatGPT: No long-term debt reduces balance sheet leverage risk. Stockholders' equity remains substantial relative to liabilities.
What are the risks of investing in IONI?
Claude: Catastrophic liquidity crisis with current ratio of 0.03x and quick ratio of -0.05x indicating inability to meet short-term obligations. Revenue collapsed 66.7% YoY to zero with negative operating cash flow of -$681.6K consuming available capital. ChatGPT: Revenue has collapsed to $0.00, indicating very poor business traction and weak growth quality. Operating loss, net loss, and negative free cash flow show an unprofitable and cash-burning business.
What is IONI's revenue and growth?
I-ON Digital Corp. reported revenue of $0.0.
Does IONI pay dividends?
I-ON Digital Corp. does not currently pay dividends.
Where can I find IONI SEC filings?
Official SEC filings for I-ON Digital Corp. (CIK: 0001580490) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is IONI's EPS?
I-ON Digital Corp. has a diluted EPS of $-0.03.
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 IONI's fundamental grade?
Based on our AI fundamental analysis in June 2026, I-ON Digital Corp. has a D grade with 93% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is IONI stock overvalued or undervalued?
Valuation metrics for IONI: ROE of -6.0% (sector avg: 12%), net margin of N/A (sector avg: 25%). Compare these metrics with sector averages to assess valuation.
What is IONI's AI grade for 2026?
Our dual AI analysis gives I-ON Digital Corp. a combined D grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is IONI's free cash flow?
I-ON Digital Corp.'s operating cash flow is $-681.6K, with capital expenditures of $39.8K.
How does IONI compare to other Finance stocks?
Vs Finance sector averages: Net margin N/A (avg: 25%), ROE -6.0% (avg: 12%), current ratio 0.03 (avg: 1.2).