Newton Golf Company, Inc.
Newton Golf Company, Inc. is classified under Technology / Software and appears not currently profitable on the latest normalized snapshot.
Business. Newton Golf Company, Inc. (Nasdaq: NWTG) is an application software company operating within the Software & IT Services industry. The firm generates revenue through a subscription model, focusing on software solutions for the golf sector. As no specific operating segments or geographic breakdowns are provided, the company is described at the industry level. It is primarily listed on the Nasdaq stock exchange.
At a glance
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- Peers
- EarningsQ2 2026 earnings (expected)2026-07-28 · estimated · ServiceNow (NOW)
- EarningsQ2 2026 earnings (expected)2026-08-28 · estimated · Salesforce (CRM)
- Macro
- Rate decisionBank of Canada rate decision (press conf.)2026-07-15 · CA
- Rate decisionBank of Japan rate decision (press conf.)2026-07-16 · JP
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-07-16 · EU
- Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Newton Golf Company, Inc. (Nasdaq: NWTG) is an application software company operating within the Software & IT Services industry. The firm generates revenue through a subscription model, focusing on software solutions for the golf sector. As no specific operating segments or geographic breakdowns are provided, the company is described at the industry level. It is primarily listed on the Nasdaq stock exchange.
Newton Golf Company, Inc. (NWTG) is currently classified as Application Software within Software (Technology). Classification confidence: 0.81 (rule-based classification). Capital structure on the latest snapshot: total assets 2,636,000 USD, total equity -1,521,000, short-term debt 0, long-term debt 0. Net cash position is approximately 593,000 USD. Self-calculated market cap is 3,499,152 USD (market_price × shares_outstanding_diluted). Profitability profile: revenue 991,000, gross profit 628,000, operating income -2,615,000, net income -2,659,000. Return on equity ~395.8%. Return on assets ~-228.4%. Operating-cash-flow to net-income ratio is 0.86. Risk profile from automated assessment: liquidity risk high, dilution risk medium. Flags: Current liabilities exceed current assets.; Filings reference going-concern or substantial-doubt language.; Source documents mention dilution or offering risk.. Recent news context: [TRIGGER] 8-K: 8-K (sec_8k_material) on NWTG — filing_type=8-K; max_severity=high; ignored_items=['9.01']; material_items=['1.01', '2.03']; all_items_found=['1.01', '2.03', '9.01']; severity_per_code={'1.01': 'high', '2.03': 'medium'}; contributing_watchers=sec_8k_material (source=sec_8k_material; url=0001493152-26-032498). Additional context: 8-K: filing_type=8-K; max_severity=high; ignored_items=['9.01']; material_items=['1.01', '2.03']; all_items_found=['1.01', '2.03', '9.01']; severity_per_code={'1.01': 'high', '2.03': 'medium'}; contributing_watchers=sec_8k_material. Comparable peers identified within the same class: Microsoft, Salesforce, ServiceNow.
- Return on equity is about 395.8%.
- Debt to equity is about -0.0x.
- [TRIGGER] 8-K: 8-K (sec_8k_material) on NWTG — filing_type=8-K; max_severity=high; ignored_items=['9.01']; material_items=['1.01', '2.03']; all_items_found=['1.01', '2.03', '9.01']; severity_per_code={'1.01': 'high', '2.03': 'medium'}; contributing_watchers=sec_8k_material (source=sec_8k_material; url=0001493152-26-032498)
- Likely peers from the same classification include Microsoft, Salesforce, ServiceNow.
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- CONDENSED BALANCE SHEETS (Amounts rounded to nearest thousand, except share and per share amounts) March 31, 2026 December 31, 2025 (Unaudited) ASSETS Current Assets: Cash and cash equivalents $ 593,000 $ 1,298,000 Accounts receivable, net of allowance for doubtful accounts of $ 69,000 and $ 69,000 , respectively 75,000 102,000 Inventory, net of reserve for obsolescence of $ 121,000 and $ 135,000 , respectively 605,000 374,000 Prepaid expenses and other current assets 263,000 413,000 Total Current Assets 1,536,000 2,187,000 Property and equipment, net 888,000 880,000 Right-of-use asset, net 75,000 84,000 Software licensing agreement, net 17,000 25,000 Deferred offering costs 120,000 123,000 Total Assets $ 2,636,000 $ 3,299,000 LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIENCY) Current Liabilities: Accounts payable and accrued expenses $ 1,912,000 $ 1,428,000 Customer deposits 929,000 75,000 Lease liability, current 41,000 40,000 Software licensing obligation, current 27,000 41,000 Warrant Liability 785,000 745,000 Total Current Liabilities 3,694,000 2,329,000 Lease obligations – noncurrent 34,000 44,000 Convertible Debt – related party, net 429,000 - Software licensing fee obligation, net of current - - Total Liabilities 4,157,000 2,373,000 Commitments and Contingencies (Note 13) - Stockholders’ Equity (Deficiency): Preferred stock $ .01 par value, 5,000,000 shares authorized, no shares issued and outstanding, respectively - - Common stock, $ .01 par value, 45,000,000 shares authorized, 4,592,063 shares issued and outstanding 45,000 45,000 Additional paid-in-capital 29,182,000 28,970,000 Accumulated deficit ( 30,748,000 ) ( 28,089,000 ) Total Stockholders’ (Deficiency) Equity ( 1,521,000 ) 926,000 Total Liabilities and Stockholders’ (Deficiency) Equity $ 2,636,000 $ 3,299,000 The accompanying notes are an integral part of these condensed financial statements.
Bull / Bear case
Generated · model-assistedRevenue surged 214% over two years, demonstrating strong top-line growth momentum despite recent volatility.
Gross profit expanded significantly to $4.6 million in FY2025, indicating improving core operational efficiency.
Return on equity ranks best-in-class within the software cohort, outperforming median peers significantly.
Capital expenditure relative to revenue is best-in-class, suggesting efficient capital allocation strategies.
Operating income improved by 34% year-over-year, showing progress in managing operational costs.
The company faces high liquidity risk, threatening its ability to meet short-term financial obligations.
Free cash flow remains deeply negative at -$5.6 million, draining resources without generating cash.
Medium dilution risk exists, potentially eroding shareholder value through future equity issuances.
High leverage band with a debt-to-equity ratio of 2.56 increases financial vulnerability.
In focus — financials by report
Revenue $991.0k; Operating income -$2.6M.
- ▍Revenue $991.0k
- ▍Operating income -$2.6M
- ▍Net margin -268.3%
Revenue $5.9M; Operating income -$5.0M.
- ▍Revenue $5.9M
- ▍Operating income -$5.0M
- ▍Net margin -61.9%
Revenue $3.3M; Operating income -$3.5M.
- ▍Revenue $3.3M
- ▍Operating income -$3.5M
- ▍Net margin -62.4%
Revenue $8.1M; Operating income -$7.5M.
- ▍Revenue $8.1M
- ▍Operating income -$7.5M
- ▍Net margin -74.0%
Revenue $3.4M; Operating income -$5.0M.
- ▍Revenue $3.4M
- ▍Operating income -$5.0M
- ▍Net margin -341.1%
Revenue $3.4M; Operating income -$5.0M.
- ▍Revenue $3.4M
- ▍Operating income -$5.0M
- ▍Net margin -341.1%
Revenue $349.0k; Operating income -$4.6M.
- ▍Revenue $349.0k
- ▍Operating income -$4.6M
- ▍Net margin -1325.2%
Revenue $349.0k; Operating income -$4.6M.
- ▍Revenue $349.0k
- ▍Operating income -$4.6M
- ▍Net margin -1325.2%
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Current liabilities exceed current assets.
- Filings reference going-concern or substantial-doubt language.
- Source documents mention dilution or offering risk.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- Director · Warrants (right to buy) → Common StockAcquired 30 000 @ $1,75grant · 2026-03-16
- Director · Warrants (right to buy) → Common StockAcquired 20 000 @ $1,75grant · 2026-03-16
- Director · Series B Warrants → Common StockDisposed 833 @ $72,00exercise · 2025-08-27
Actions
Ask Handelsavisen
- Market data
- Regulatory filings
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Return On Assetsnet_income / total_assets
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Ev To Revenueenterprise_value / revenue
- Market Capmarket_price * shares_outstanding_diluted
- Newton Golf Company, Inc. company facts · 2026-07-09
- Newton Golf Company, Inc. 10-Q 2026-05-14 · 2026-07-09
- Newton Golf Company, Inc. 10-K 2026-03-31 · 2026-07-09
- Newton Golf Company, Inc. 10-Q 2025-11-13 · 2026-07-09
- Newton Golf Company, Inc. 10-Q 2025-08-14 · 2026-07-09
- 8-K (sec_8k_material) on NWTG · 2026-07-09
- Newton Golf Company Inc Market data — analyst estimates · 2026-07-09
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2025-12-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
Leadership
- Greg CampbellExecutive Chairman of the Board
Insider activity
- Director, Chief Technology Officer · Common StockOther 261 780 · 2026-06-24
- Chief Financial Officer · Common StockOther 251 902 · 2026-06-24
- Director · Common StockOther 37 044 · 2026-06-24
- Director · Common StockOther 62 975 · 2026-06-24
- Director · Common StockOther 25 035 · 2026-05-19
- Director · Common StockOther 22 877 · 2026-01-30
- Director · Common StockOther 18 549 · 2026-01-30
- Director · Common StockOther 22 877 · 2026-01-30
- Director, Executive Chairman & CEO · Common StockBought 10 000 @ $1,59$16K · 2025-12-26
- Director, Chief Technology Officer · Common StockOther 225 000 · 2025-12-18
- Chief Financial Officer · Common StockOther 175 000 · 2025-12-18
- Director, Executive Chairman & CEO · Common StockOther 200 000 · 2025-12-18
- Chief Financial Officer · Common StockBought 6 850 @ $1,45$10K · 2025-12-16
- Director · Common StockBought 20 000 @ $1,21$24K · 2025-11-21
- Director · Common StockBought 4 000 @ $1,20$5K · 2025-11-20
- Chief Financial Officer · Common StockBought 11 000 @ $1,05$12K · 2025-11-19
- Director · Common StockBought 15 000 @ $1,16$17K · 2025-11-19
- Director · Common StockBought 83 000 @ $1,07$89K · 2025-11-18
- Chief Financial Officer · Common StockBought 548 @ $1,05$575 · 2025-11-18
- Director, Executive Chairman & CEO · Common StockBought 40 000 @ $1,00$40K · 2025-11-17
- Director, Executive Chairman & CEO · Common StockBought 20 000 @ $1,95$39K · 2025-09-10
- Director · Common StockOther 14 286 · 2025-08-27
- Director · Common StockBought 20 000 @ $1,70$34K · 2025-08-19
- Director · Common StockBought 16 506 @ $1,62$27K · 2025-08-18