T3 Defense Inc.
DFNS, DFNSW · Services-Management Consulting Services · 60.3M shares · -34%/yr ↓ buyback · EDGAR filings ↗
Reference price $4.03 · est. market cap ~$243M — last insider sale, 2025-12-30 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D46gen composite 48pct→66; negative equity (distress); weak liquidity, no op profit
Notable findings
- Auditor changeRecent 8-K item 4.01 8-K ↗
- Negative equityNegative book equity (debt/equity -0.00)
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC
- Weak liquidityCurrent ratio 0.31 (<1)
- Cash burnNegative free cash flow (-6.2M)
- Exec changeRecent 8-K item 5.02 8-K ↗
- Buying back stockNet buyback — share count -34%/yr over 3y
- Notable holderHeld by 2 notable fund(s): STATE STREET CORP, CITADEL ADVISORS LLC (as of 2026-03-31)
- New fund positionNotable fund(s) opened this quarter: CITADEL ADVISORS LLC
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Return on equity
-397.0%
Return on assets
38.8%
Debt / equity
-0.0×
Current ratio
0.3×
Free cash flow
-$6M
Tangible book value
-$27M
Cash & investments
$3M
Cash runway
2q
Leadership & compensation
| Name | Role | Latest total comp |
|---|---|---|
| Shalom Menachem | Chief Executive Officer | — |
| Kotaieva Anastasiia | Director | — |
| Nagar Tomer | Director | — |
| Rokach David | Director | — |
| Volodarsky Aviya | Director | — |
| Yeganeh Reuven | Director | — |
Officers & directors from SEC filings (Form 4 + DEF 14A proxy); compensation is the latest reported fiscal year.
Insider transactions · last 6 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-04-27 | Shalom Menachem | Other | 4.2M | $0.51 |
| 2026-04-27 | Shalom Menachem | Other | 67K | — |
| 2026-01-29 | Shalom Menachem | Option exercise | 200K | $1.50 |
| 2026-01-16 | Shalom Menachem | Other | 2.0M | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-29 | 2026-06-24 | 0001213900-26-073225 ↗ |
| 8-K | 2026-06-18 | 2026-06-18 | 0001213900-26-070228 ↗ |
| 8-K | 2026-06-15 | 2026-06-15 | 0001213900-26-068924 ↗ |
| 8-K | 2026-06-11 | 2026-06-11 | 0001213900-26-067717 ↗ |
| DEFR14A | 2026-06-01 | 0001213900-26-062992 ↗ | |
| DEF 14A | 2026-05-27 | 2026-06-18 | 0001213900-26-061186 ↗ |
| 10-Q | 2026-05-20 | 2026-03-31 | 0001213900-26-059606 ↗ |
| 8-K | 2026-05-08 | 2026-05-05 | 0001213900-26-053849 ↗ |
| 8-K | 2026-04-28 | 2026-04-27 | 0001213900-26-048280 ↗ |
| 8-K | 2026-04-16 | 2026-04-16 | 0001213900-26-044653 ↗ |
| 8-K | 2026-04-15 | 2026-04-15 | 0001213900-26-044073 ↗ |
| 8-K | 2026-04-10 | 2026-04-10 | 0001213900-26-042313 ↗ |