Firy Inc.
SKLZ · Services-Computer Processing & Data Preparation · 369.8M shares · -49%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: -$11M (gross $19M, SBC $30M)
Grade
D42SaaS micro-cap with high gross margin but deep losses and heavy cash burn.
Strengths
- High gross margin — 88% (78th)
Risks
- Deep losses — operating margin -61%, net margin -67%
- Heavy cash burn — FCF -$70M (8th)
- Scale/competition risk — per 10-K
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Net lossNet loss (net margin -67.4%)
- Cash burnNegative free cash flow (-70.3M)
- Strong balance sheetStrong balance sheet — $195M cash & investments, ~11 quarters of runway
- Buying back stockNet buyback — share count -49%/yr over 4y
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
87.5%
Operating margin
-61.2%
Net margin
-67.4%
Return on equity
-63.0%
Return on assets
-24.0%
ROIC
-45.2%
Revenue growth (QoQ)
-3.0%
Debt / equity
0.0×
Current ratio
1.2×
Free cash flow
-$70M
EBITDA
-$63M
Tangible book value
$112M
Cash & investments
$195M
Cash runway
11q
Stock comp / revenue
18.7%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-05 | Paradise Andrew | Tax withheld | 8.1K | $2.59 |
| 2026-06-05 | Paradise Andrew | Option exercise | 286K | — |
| 2026-06-05 | Paradise Andrew | Tax withheld | 112K | $12.45 |
| 2026-06-05 | Paradise Andrew | Option exercise | 21K | — |
| 2026-06-01 | VALLI TODD A. | Option exercise | 2.2K | — |
| 2026-06-01 | VALLI TODD A. | Tax withheld | 655 | $2.51 |
| 2026-06-01 | Franceschi Gaetano | Option exercise | 53K | — |
| 2026-06-01 | Franceschi Gaetano | Tax withheld | 13K | $2.51 |
| 2026-06-01 | Paradise Andrew | Option exercise | 85K | — |
| 2026-06-01 | Paradise Andrew | Tax withheld | 21K | $2.51 |
| 2026-05-19 | Mandel Alexander | Option exercise | 7.1K | — |
| 2026-05-19 | Chafkin Casey | Option exercise | 3.4K | — |
| 2026-05-19 | Paradise Andrew | Option exercise | 91K | — |
| 2026-05-19 | Paradise Andrew | Tax withheld | 22K | $2.59 |
| 2026-05-19 | Paradise Andrew | Option exercise | 24K | — |
| 2026-05-19 | Paradise Andrew | Tax withheld | 5.8K | $2.59 |
| 2026-01-08 | Franceschi Gaetano | Tax withheld | 4.6K | $4.41 |
| 2026-01-08 | Paradise Andrew | Tax withheld | 22K | $4.41 |
| 2026-01-08 | Paradise Andrew | Option exercise | 91K | — |
| 2026-01-08 | Paradise Andrew | Tax withheld | 5.8K | $4.41 |
| 2026-01-08 | Franceschi Gaetano | Option exercise | 19K | — |
| 2026-01-08 | Paradise Andrew | Option exercise | 24K | — |
| 2026-01-07 | Franceschi Gaetano | Tax withheld | 4.6K | $4.50 |
| 2026-01-07 | Franceschi Gaetano | Tax withheld | 4.6K | $6.82 |
| 2026-01-07 | Franceschi Gaetano | Tax withheld | 4.6K | $8.00 |
| 2026-01-07 | Paradise Andrew | Tax withheld | 9.4K | $4.50 |
| 2026-01-07 | Paradise Andrew | Tax withheld | 9.4K | $6.82 |
| 2026-01-07 | Paradise Andrew | Tax withheld | 9.4K | $8.00 |
| 2025-12-23 | Paradise Andrew | Tax withheld | 36K | $5.03 |
| 2025-12-23 | Franceschi Gaetano | Tax withheld | 16K | $5.61 |
| 2025-12-23 | Paradise Andrew | Tax withheld | 36K | $4.50 |
| 2025-12-23 | Paradise Andrew | Tax withheld | 36K | $8.00 |
| 2025-12-23 | Paradise Andrew | Tax withheld | 36K | $6.82 |
| 2025-12-22 | Wakeford Kent | Option exercise | 304 | — |
| 2025-12-22 | Wakeford Kent | Option exercise | 16K | — |
| 2025-12-22 | Mandel Alexander | Option exercise | 7.1K | — |
| 2025-12-22 | Paradise Andrew | Option exercise | 71K | — |
| 2025-12-22 | Paradise Andrew | Option exercise | 362K | — |
| 2025-12-22 | Franceschi Gaetano | Option exercise | 65K | — |
| 2025-12-22 | Franceschi Gaetano | Option exercise | 57K | — |
| 2025-12-22 | Cabot Anthony | Option exercise | 19K | — |
| 2025-12-22 | Hoffman Henry M. | Option exercise | 3.5K | — |
| 2025-12-22 | Chafkin Casey | Option exercise | 917 | — |
| 2025-12-22 | Chafkin Casey | Option exercise | 17K | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-23 | 2026-06-18 | 0001801661-26-000068 ↗ |
| 8-K | 2026-06-22 | 2026-06-18 | 0001801661-26-000063 ↗ |
| 8-K | 2026-06-18 | 2026-06-18 | 0001801661-26-000059 ↗ |
| 8-K | 2026-06-08 | 2026-06-08 | 0001801661-26-000056 ↗ |
| 8-K | 2026-05-20 | 2026-05-17 | 0001801661-26-000035 ↗ |
| 8-K | 2026-05-15 | 2026-05-15 | 0001801661-26-000029 ↗ |
| 10-Q | 2026-05-15 | 2026-03-31 | 0001801661-26-000031 ↗ |
| 8-K | 2026-05-01 | 2026-04-28 | 0001801661-26-000024 ↗ |
| 8-K | 2026-04-14 | 2026-04-10 | 0001801661-26-000022 ↗ |
| 10-K | 2026-03-31 | 2025-12-31 | 0001801661-26-000020 ↗ |
| 8-K | 2026-03-31 | 2026-03-31 | 0001801661-26-000019 ↗ |
| 8-K | 2026-03-23 | 2026-03-19 | 0001801661-26-000016 ↗ |