INTELLIGENT BIO SOLUTIONS INC.
Business
Intelligent Bio Solutions Inc. is a medical technology company developing non-invasive rapid diagnostic testing platforms. Its primary commercial product is the Intelligent Fingerprinting Drug Screening System, a two-part portable platform that detects drugs of abuse via fingerprint sweat analysis and is currently sold in the United Kingdom, mainland Europe, and select other markets. The company also holds a development-stage biosensor platform license (presently inactive due to licensor insolvency) and operates through geographic segments spanning the United Kingdom, Asia Pacific, Americas, and Rest of World.
Summary from 10-K filed 2025-08-15
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 | FY 2023 2023-06-30 | FY 2022 2022-06-30 | FY 2021 2021-06-30 |
|---|---|---|---|---|---|---|
| Revenue | 3 | 3 | 1 | — | 2 | |
| Cost of revenue (exclusive of amortization shown separately below) | −2 | −2 | −930,204 | — | — | |
| Gross profit | 1 | 1 | 326,668 | — | — | |
| Government support income | 816,901 | 424,776 | — | — | — | |
| Selling, general and administrative expenses | −9 | −9 | −8 | −5 | 3 | |
| Development and regulatory approval expenses | −2 | −2 | −507,424 | −4 | 4 | |
| Depreciation and amortization | −1 | −1 | −966,732 | — | — | |
| Impairment of long-lived assets | −220,062 | — | — | — | — | |
| Total operating expenses | −13 | −12 | −14 | −9 | 8 | |
| Loss from operations | −11 | −10 | −13 | −8 | −6 | |
| Interest expense | −60,890 | −167,140 | — | — | — | |
| Realized foreign exchange loss | −911 | −1,178 | −9,829 | −3,987 | −271,225 | |
| Fair value gain on revaluation of financial instrument | — | 175,738 | 2 | — | — | |
| Interest income | 101,522 | 84,822 | — | — | — | |
| Total other income, net | 39,721 | 92,242 | 2 | 2,900 | −1 | |
| Net loss | −11 | −10 | −11 | −8 | −7 | |
| Net loss attributable to non-controlling interest | −36,153 | −34,173 | −32,835 | −27,925 | −22,915 | |
| Net loss attributable to Intelligent Bio Solutions Inc. | −11 | −10 | −11 | −8 | −7 | |
| Foreign currency translation gain (loss) | 384,670 | −137,118 | 212,639 | −126,875 | −297,309 | |
| Total other comprehensive income (loss) | 384,670 | −137,118 | 212,639 | −126,875 | −297,309 | |
| Comprehensive loss | −10 | −10 | −10 | −8 | −7 | |
| Comprehensive loss attributable to non-controlling interest | −36,153 | −34,173 | −32,835 | −27,925 | −22,915 | |
| Comprehensive loss attributable to Intelligent Bio Solutions Inc. | −10 | −10 | −10 | −8 | −7 | |
| Net loss per share, basic | −2 | −6.38 | −127 | −11.33 | −0.68 | |
| Net loss per share, diluted | −2 | −6.38 | −127 | −11.33 | — | |
| Weighted average shares outstanding, basic | 5 | 2 | 83,717 | 733,263 | 10 | |
| Weighted average shares outstanding, diluted | 5 | 2 | 83,717 | 733,263 | — |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 | FY 2023 2023-06-30 | FY 2022 2022-06-30 | FY 2021 2021-06-30 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 1 | 6 | 2 | 8 | 13 | |
| Accounts receivable, net | 594,614 | 429,704 | 293,861 | — | — | |
| Inventories, net | 635,215 | 777,537 | 979,907 | — | — | |
| Research and development tax incentive receivable | 734,408 | 525,332 | 498,758 | 353,048 | 1 | |
| Assets held for sale | 327,500 | — | — | — | — | |
| Other current assets | 826,976 | 497,572 | 552,791 | 746,761 | 3 | |
| Total current assets | 4 | 9 | 4 | 11 | 18 | |
| Property and equipment, net | 251,325 | 565,850 | 690,175 | 391,408 | — | |
| Operating lease right-of-use assets | 69,520 | 306,744 | 546,475 | — | — | |
| Intangibles, net | 4 | 4 | 5 | — | — | |
| Total assets | 8 | 14 | 10 | 12 | 22 | |
| Accounts payable and accrued expenses | 5 | 2 | 3 | 2 | 1 | |
| Current portion of operating lease liabilities | 84,659 | 274,834 | 223,447 | — | — | |
| Deferred grant income | — | 2 | 2 | 3 | 2 | |
| Current employee benefit liabilities | 534,990 | 469,381 | 358,942 | 201,332 | 102,475 | |
| Notes payable | 197,146 | 515,282 | 353,211 | — | — | |
| Total current liabilities | 5 | 5 | 6 | 5 | 4 | |
| Employee benefit liabilities, less current portion | 84,921 | 63,615 | 24,902 | 50,626 | 21,770 | |
| Operating lease liabilities, less current portion | — | 81,324 | 356,165 | — | — | |
| Total liabilities | 5 | 6 | 7 | 6 | 7 | |
| Commitments and contingencies (Note 16) | — | — | — | — | — | |
| Common stock, $0.01 par value, 100,000,000 shares authorized, 7,323,377 and 7,323,261 shares issued and outstanding, as of June 30, 2025, respectively; 3,456,116 and 3,456,000 shares issued and outstanding, as of June 30, 2024 respectively | 73,230 | 34,557 | 1,942 | 7,445 | 135,821 | |
| Treasury stock, at cost, 116 shares as of June 30, 2025 and 2024 | −1 | −1 | −1 | — | — | |
| Additional paid-in capital | 66 | 61 | 46 | 39 | 38 | |
| Accumulated deficit | −63 | −52 | −42 | −31 | −23 | |
| Accumulated other comprehensive loss | −327,944 | −712,614 | −575,496 | −788,135 | −661,260 | |
| Total consolidated Intelligent Bio Solutions Inc. equity | 3 | 8 | 4 | 7 | 15 | |
| Non-controlling interest | −182,312 | −146,159 | −111,986 | −79,151 | −51,226 | |
| Total shareholders equity | 3 | 8 | 4 | 7 | 15 | |
| TOTAL LIABILITIES AND SHAREHOLDERS EQUITY | 8 | 14 | 10 | 12 | 22 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-06-30 | FY 2024 2024-06-30 | FY 2023 2023-06-30 | FY 2022 2022-06-30 | FY 2021 2021-06-30 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 970,117 | 974,355 | 814,481 | — | — | |
| Amortization of right-of-use assets | 243,632 | 238,730 | 152,251 | — | — | |
| Non-cash loss on foreign currency translation, net | — | 1,178 | 9,829 | −3,987 | — | |
| Provision for credit losses | 546 | 6,772 | — | — | — | |
| Provision for inventory obsolescence | — | 69,676 | 189,670 | — | — | |
| Stock-based compensation | 238,045 | 230,496 | 260,000 | — | — | |
| Non-cash refund of R&D expenditure claims | −137,696 | — | — | — | — | |
| Fair value gain on revaluation of holdback Series C Preferred Stock | — | −175,738 | −616,800 | — | — | |
| Non-cash other operating activities | 113,645 | −24,177 | −94,332 | −8,179 | −66,055 | |
| Accounts receivable | −164,910 | −135,843 | −293,861 | — | — | |
| Inventories | 142,322 | 202,370 | −345,390 | — | — | |
| Grant receivable / deferred grant income | −2 | 148,611 | 1 | 2 | — | |
| Research and development tax incentive receivable | −209,076 | −26,574 | −145,710 | 672,407 | −1 | |
| Other current assets | −329,404 | 55,219 | −118,335 | −333,743 | −2 | |
| Accounts payable and accrued expenses | 3 | −632,950 | — | — | — | |
| Long-term employee benefit liabilities | 21,306 | −364,149 | — | 28,856 | 21,770 | |
| Operating lease liabilities | −271,499 | 51,387 | −107,922 | — | — | |
| Net cash used in operating activities | −10 | −10 | −7 | −3 | −11 | |
| Purchase of property and equipment | −231,838 | −221,426 | — | — | — | |
| Net cash used in investing activities | −231,838 | −221,426 | −694,142 | −880,221 | — | |
| Proceeds from issuance of common stock and warrants, net of issuance costs | 5 | 4 | 3 | — | — | |
| Proceeds from exercise of warrants, net of issuance costs | 7,939 | 2 | — | — | — | |
| Proceeds from private placement, net of issuance costs | — | 9 | — | — | — | |
| Net cash provided by financing activities | 5 | 15 | 1 | — | 23 | |
| Effect of foreign exchange rates on cash and cash equivalents | 27,157 | −707 | −64,860 | −97,129 | 39,971 | |
| Net decrease (increase) in cash and cash equivalents | −5 | 5 | −7 | −4 | 12 | |
| Equity issuance costs in accounts payable and accrued expenses | 14,999 | — | — | — | — | |
| Conversion of preferred shares into common shares | — | 57,287 | 36,888 | 13,000 | 45,102 | |
| Conversion of holdback Series C Preferred Stock into common stock | — | 32,762 | — | — | — | |
| Issuance of common stock upon cashless exercise of Series F warrants | 55 | 6,551 | — | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is INTELLIGENT BIO SOLUTIONS INC.'s CIK number?
INTELLIGENT BIO SOLUTIONS INC.'s SEC CIK number is 0001725430 (1725430). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find INTELLIGENT BIO SOLUTIONS INC.'s SEC filings?
All of INTELLIGENT BIO SOLUTIONS INC.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did INTELLIGENT BIO SOLUTIONS INC. last report earnings?
INTELLIGENT BIO SOLUTIONS INC. (INBS) most recently filed an earnings 8-K with the SEC on May 14, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001493152-26-022823). This is INTELLIGENT BIO SOLUTIONS INC.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is INTELLIGENT BIO SOLUTIONS INC.'s most recent earnings 8-K?
INTELLIGENT BIO SOLUTIONS INC.'s latest earnings 8-K (Item 2.02) was filed May 14, 2026 under accession 0001493152-26-022823. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
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