AMST · Amesite Inc.
Amesite Inc., a technology company, engages in the marketing and development of B2C and B2B AI-driven solutions in the United States. Its products include Amesite Engage, that leverages proprietary AI infrastructure, offering cutting-edge applications that cater to both individual and professional needs; and NurseMagic, mobile healthcare app, streamlines creation of nursing notes and documentation tasks, enhances patient communication, and offers personalized guidance to nurses on patient care, medications, and handling challenging workplace situation. Amesite Inc. was founded in 2017 and is headquartered in Detroit, Michigan.
Cap structure and valuation
| Cap structure | |
|---|---|
| SP | $2.18 |
| SO | 5.9M |
| Options | 0.3M |
| Warrants | 0.4M |
| FD SO | 6.5M |
| MC | $14.2M |
| Cash | $0.6M |
| Total debt | — |
| EV | $13.6M |
| TTM Multiples | |
|---|---|
| EV / Revenue | 39.8x |
| EV / EBITDA | — |
| MC / Net Income | — |
| EV / FCF | — |
| MC / FCF | — |
MC = SP × FD SO. EV = MC + Debt − Cash. SP = previous yfinance close. Balance-sheet figures as of 2026-05-18. Multiples use TTM (sum of last 4 quarters); shown as "—" when the denominator is zero or negative.
Financial statements
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Total Revenue | 0.08 | 0.11 | 0.09 | 0.06 |
| Revenue YoY % | 171.5% | 746.8% | 738.2% | 100.3% |
| SG&A | 0.63 | 0.69 | 0.65 | 0.75 |
| R&D | 0.13 | 0.16 | 0.10 | 0.17 |
| Operating Income | (0.68) | (0.75) | (0.66) | (0.86) |
| Operating Income YoY % | 0.5% | 34.1% | 28.6% | 29.1% |
| Operating Margin % | (820.9%) | (689.7%) | (702.2%) | (1538.2%) |
| EBITDA | (0.68) | (0.68) | (0.60) | (0.76) |
| EBITDA Margin % | (813.3%) | (627.0%) | (638.1%) | (1355.1%) |
| Pretax Income | (0.68) | (0.73) | (0.64) | (0.92) |
| Net Income | (0.68) | (0.73) | (0.64) | (0.92) |
| Net Margin % | (813.7%) | (678.0%) | (681.1%) | (1657.1%) |
| Diluted EPS | -$0.15 | -$0.16 | -$0.14 | -$0.18 |
| Basic EPS | -$0.15 | -$0.16 | -$0.14 | -$0.18 |
| Basic Avg Shares | 4.6 | 4.6 | 4.6 | 0.3 |
| LTM | 6/30/25 | 6/30/24 | 6/30/23 | 6/30/22 | |
|---|---|---|---|---|---|
| Total Revenue | 0.34 | 0.11 | 0.17 | 0.85 | 0.70 |
| Revenue YoY % | 209.1% | (33.8%) | (80.3%) | 21.2% | — |
| SG&A | 2.72 | 3.02 | 3.67 | 3.55 | 6.69 |
| R&D | 0.57 | 0.69 | 1.07 | 1.52 | 3.06 |
| Operating Income | (2.95) | (3.60) | (4.58) | (4.22) | (9.06) |
| Operating Income YoY % | 18.2% | 21.3% | (8.4%) | 53.4% | — |
| Operating Margin % | (863.7%) | (3262.4%) | (2744.3%) | (499.9%) | (1299.4%) |
| EBITDA | (2.71) | (3.17) | (4.05) | (3.54) | (8.18) |
| EBITDA Margin % | (794.4%) | (2869.7%) | (2424.5%) | (419.2%) | (1173.7%) |
| Pretax Income | (2.98) | (3.62) | (4.40) | (4.15) | (9.06) |
| Net Income | (2.98) | (3.62) | (4.40) | (4.15) | (9.06) |
| Net Margin % | (871.9%) | (3274.6%) | (2638.5%) | (491.5%) | (1299.8%) |
| Diluted EPS | -$0.63 | -$1.03 | -$1.73 | -$1.68 | -$4.67 |
| Basic EPS | -$0.63 | -$1.03 | -$1.73 | -$1.68 | -$4.67 |
| Diluted Avg Shares | — | — | — | — | 23.3 |
| Basic Avg Shares | 4.6 | 3.5 | 2.5 | 2.5 | 1.9 |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Cash & Equivalents | 0.64 | 1.17 | 1.83 | 2.33 |
| Receivables | 0.02 | 0.01 | 0.01 | 0.01 |
| Total Current Assets | 0.82 | 1.33 | 1.91 | 2.43 |
| Net PPE | 0.02 | 0.03 | 0.03 | 0.04 |
| Total Assets | 1.49 | 2.00 | 2.60 | 3.10 |
| Accounts Payable | 0.02 | 0.02 | 0.02 | 0.03 |
| Total Current Liabilities | 0.19 | 0.49 | 0.43 | 0.36 |
| Retained Earnings | (43.50) | (42.83) | (42.09) | (41.45) |
| Total Equity | 1.30 | 1.51 | 2.17 | 2.74 |
| LTM | 6/30/25 | 6/30/24 | 6/30/23 | 6/30/22 | |
|---|---|---|---|---|---|
| Cash & Equivalents | 0.64 | 2.33 | 2.07 | 5.26 | 7.06 |
| Receivables | 0.02 | 0.01 | 0.03 | 0.01 | 0.01 |
| Total Current Assets | 0.82 | 2.43 | 2.50 | 5.48 | 7.73 |
| Net PPE | 0.02 | 0.04 | 0.06 | 0.09 | 0.09 |
| Total Assets | 1.49 | 3.10 | 3.31 | 6.35 | 8.88 |
| Accounts Payable | 0.02 | 0.03 | 0.05 | 0.07 | 0.12 |
| Total Current Liabilities | 0.19 | 0.36 | 0.80 | 0.27 | 0.75 |
| Retained Earnings | (43.50) | (41.45) | (37.83) | (33.43) | (29.28) |
| Total Equity | 1.30 | 2.74 | 2.52 | 6.08 | 8.14 |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Net Income | (0.68) | (0.73) | (0.64) | (0.92) |
| D&A | 0.01 | 0.07 | 0.06 | 0.10 |
| Stock-Based Comp | 0.07 | 0.07 | 0.07 | 0.26 |
| Operating Cash Flow | — | (0.62) | (0.42) | (0.44) |
| Investing Cash Flow | — | (0.04) | (0.09) | (0.09) |
| Stock Issuance | — | — | — | 0.00 |
| Financing Cash Flow | — | — | — | 0.00 |
| LTM | 6/30/25 | 6/30/24 | 6/30/23 | 6/30/22 | |
|---|---|---|---|---|---|
| Net Income | (2.98) | (3.62) | (4.40) | (4.15) | (9.06) |
| D&A | 0.24 | 0.43 | 0.53 | 0.68 | 0.88 |
| Stock-Based Comp | 0.48 | 0.23 | 0.83 | 0.18 | 1.44 |
| Operating Cash Flow | — | (2.46) | (2.81) | (3.25) | (6.72) |
| CapEx | — | — | (0.00) | (0.03) | (0.02) |
| Investing Cash Flow | — | (0.38) | (0.38) | (0.40) | (0.71) |
| Stock Issuance | — | 3.10 | — | 1.85 | 3.87 |
| Financing Cash Flow | — | 3.10 | — | 1.85 | 3.87 |
| Free Cash Flow | — | — | (2.81) | (3.28) | (6.73) |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Current Ratio | 4.33 | 2.72 | 4.46 | 6.79 |
| Quick Ratio | — | — | — | — |
| Debt / Equity | — | — | — | — |
| EBITDA Margin % | (813.3%) | (627.0%) | (638.1%) | (1355.1%) |
| Working Capital | 0.63 | 0.84 | 1.48 | 2.08 |
| Net Debt | — | — | — | — |
| ROE % | (52.1%) | (48.6%) | (29.6%) | (33.7%) |
| ROA % | (45.4%) | (36.7%) | (24.7%) | (29.8%) |
| LTM | 6/30/25 | 6/30/24 | 6/30/23 | 6/30/22 | |
|---|---|---|---|---|---|
| Current Ratio | 4.33 | 6.79 | 3.14 | 20.66 | 10.33 |
| Quick Ratio | — | — | — | — | — |
| Debt / Equity | — | — | — | — | — |
| EBITDA Margin % | (794.4%) | (2869.7%) | (2424.5%) | (419.2%) | (1173.7%) |
| Working Capital | 0.63 | 2.08 | 1.71 | 5.22 | 6.98 |
| Net Debt | — | — | — | — | — |
| ROE % | (228.6%) | (132.1%) | (175.0%) | (68.3%) | (111.4%) |
| ROA % | (199.5%) | (116.8%) | (132.9%) | (65.4%) | (102.0%) |
Insider activity (last 2 years)
| Date Filed | Reporter | Relationship | Trans. Date | Code | Shares | Price | Total Value |
|---|---|---|---|---|---|---|---|
| 2026-05-18 | Sastry Ann Marie | Director, Officer (CHIEF EXECUTIVE OFFICER) | 2026-04-28 | P | 174,216 | $1.44 | $250,000 |
| 2026-05-18 | Sastry Ann Marie | Director, Officer (CHIEF EXECUTIVE OFFICER) | 2026-04-28 | P | 174,216 | — | $0 |
| 2026-05-18 | Sastry Ann Marie | Director, Officer (CHIEF EXECUTIVE OFFICER) | 2026-04-28 | P | 174,216 | — | $0 |
| 2026-05-18 | Parmer George | Director | 2026-04-28 | P | 243,902 | $1.44 | $349,999 |
| 2026-05-18 | Parmer George | Director | 2026-04-28 | P | 243,902 | — | $0 |
| 2026-05-18 | Parmer George | Director | 2026-04-28 | P | 243,902 | — | $0 |
| 2026-04-01 | OMENN GILBERT S | Director | 2026-03-31 | A | 6,522 | — | $0 |
| 2026-04-01 | Brewer Barbie | Director | 2026-03-31 | A | 7,541 | — | $0 |
| 2026-04-01 | Parmer George | Director | 2026-03-31 | A | 6,522 | — | $0 |
| 2026-04-01 | LOSH J MICHAEL | Director | 2026-03-31 | A | 7,880 | — | $0 |
| 2026-03-10 | Parmer George | Director | 2026-03-07 | M | 41,322 | — | $0 |
| 2026-03-10 | Parmer George | Director | 2026-03-07 | M | (41,322) | — | $-0 |
| 2026-03-10 | Brewer Barbie | Director | 2026-03-07 | M | 41,322 | — | $0 |
| 2026-03-10 | Brewer Barbie | Director | 2026-03-07 | M | (41,322) | — | $-0 |
| 2026-03-10 | OMENN GILBERT S | Director | 2026-03-07 | M | 41,322 | — | $0 |
| 2026-03-10 | OMENN GILBERT S | Director | 2026-03-07 | M | (41,322) | — | $-0 |
| 2026-03-10 | LOSH J MICHAEL | Director | 2026-03-07 | M | 41,322 | — | $0 |
| 2026-03-10 | LOSH J MICHAEL | Director | 2026-03-07 | M | (41,322) | — | $-0 |
| 2026-02-10 | LOSH J MICHAEL | Director | 2026-02-06 | A | 49,751 | — | $0 |
| 2026-02-10 | OMENN GILBERT S | Director | 2026-02-06 | A | 49,751 | — | $0 |
| 2026-02-10 | Parmer George | Director | 2026-02-06 | A | 49,751 | — | $0 |
| 2026-02-10 | Brewer Barbie | Director | 2026-02-06 | A | 49,751 | — | $0 |
| 2026-01-05 | OMENN GILBERT S | Director | 2025-12-31 | A | 6,349 | — | $0 |
| 2026-01-05 | Brewer Barbie | Director | 2025-12-31 | A | 7,341 | — | $0 |
| 2026-01-05 | Parmer George | Director | 2025-12-31 | A | 6,349 | — | $0 |
| 2026-01-05 | LOSH J MICHAEL | Director | 2025-12-31 | A | 7,672 | — | $0 |
| 2025-10-02 | Brewer Barbie | Director | 2025-09-30 | A | 4,549 | — | $0 |
| 2025-10-02 | OMENN GILBERT S | Director | 2025-09-30 | A | 3,934 | — | $0 |
| 2025-10-02 | Parmer George | Director | 2025-09-30 | A | 3,934 | — | $0 |
| 2025-10-02 | LOSH J MICHAEL | Director | 2025-09-30 | A | 4,754 | — | $0 |
| 2025-07-02 | OMENN GILBERT S | Director | 2025-06-30 | A | 4,461 | — | $0 |
| 2025-07-02 | Brewer Barbie | Director | 2025-06-30 | A | 5,158 | — | $0 |
| 2025-07-02 | LOSH J MICHAEL | Director | 2025-06-30 | A | 5,390 | — | $0 |
| 2025-07-02 | Parmer George | Director | 2025-06-30 | A | 4,461 | — | $0 |
| 2025-04-02 | Parmer George | Director | 2025-03-31 | A | 4,959 | — | $0 |
| 2025-04-02 | OMENN GILBERT S | Director | 2025-03-31 | A | 4,959 | — | $0 |
| 2025-04-02 | LOSH J MICHAEL | Director | 2025-03-31 | A | 5,992 | — | $0 |
| 2025-04-02 | Brewer Barbie | Director | 2025-03-31 | A | 5,733 | — | $0 |
| 2025-03-11 | OMENN GILBERT S | Director | 2025-03-07 | A | 41,322 | — | $0 |
| 2025-03-11 | OMENN GILBERT S | Director | 2025-03-07 | A | 41,322 | — | $0 |
| 2025-03-11 | Brewer Barbie | Director | 2025-03-07 | A | 41,322 | — | $0 |
| 2025-03-11 | Brewer Barbie | Director | 2025-03-07 | A | 41,322 | — | $0 |
| 2025-03-11 | Parmer George | Director | 2025-03-07 | A | 41,322 | — | $0 |
| 2025-03-11 | Parmer George | Director | 2025-03-07 | A | 41,322 | — | $0 |
| 2025-03-11 | LOSH J MICHAEL | Director | 2025-03-07 | A | 41,322 | — | $0 |
| 2025-03-11 | LOSH J MICHAEL | Director | 2025-03-07 | A | 41,322 | — | $0 |
| 2025-03-11 | OMENN GILBERT S | Director | 2023-03-31 | M | 14,620 | — | $0 |
| 2025-03-11 | OMENN GILBERT S | Director | 2023-03-31 | M | (14,620) | — | $-0 |
| 2025-03-11 | Brewer Barbie | Director | 2023-03-31 | M | 14,620 | — | $0 |
| 2025-03-11 | Brewer Barbie | Director | 2023-03-31 | M | (14,620) | — | $-0 |
| 2025-03-11 | Parmer George | Director | 2023-03-31 | M | 14,620 | — | $0 |
| 2025-03-11 | Parmer George | Director | 2023-03-31 | M | (14,620) | — | $-0 |
| 2025-03-11 | LOSH J MICHAEL | Director | 2023-03-31 | M | 14,620 | — | $0 |
| 2025-03-11 | LOSH J MICHAEL | Director | 2023-03-31 | M | (14,620) | — | $-0 |
| 2025-01-16 | OMENN GILBERT S | Director | 2025-01-16 | M | 36,630 | — | $0 |
| 2025-01-16 | OMENN GILBERT S | Director | 2025-01-16 | M | (36,630) | — | $-0 |
| 2025-01-16 | LOSH J MICHAEL | Director | 2025-01-16 | M | 36,630 | — | $0 |
| 2025-01-16 | LOSH J MICHAEL | Director | 2025-01-16 | M | (36,630) | — | $-0 |
| 2025-01-16 | Parmer George | Director | 2025-01-16 | M | 36,630 | — | $0 |
| 2025-01-16 | Parmer George | Director | 2025-01-16 | M | (36,630) | — | $-0 |
| 2025-01-16 | Brewer Barbie | Director | 2025-01-16 | M | 36,630 | — | $0 |
| 2025-01-16 | Brewer Barbie | Director | 2025-01-16 | M | (36,630) | — | $-0 |
| 2025-01-08 | OMENN GILBERT S | Director | 2025-01-07 | P | 3,333 | $3.00 | $9,999 |
| 2025-01-08 | Parmer George | Director | 2025-01-07 | P | 83,333 | $3.00 | $249,999 |
| 2025-01-08 | Sastry Ann Marie | Director, Officer (CHIEF EXECUTIVE OFFICER) | 2025-01-07 | P | 333,333 | $3.00 | $999,999 |
| 2025-01-03 | OMENN GILBERT S | Director | 2024-12-31 | A | 2,526 | — | $0 |
| 2025-01-03 | Parmer George | Director | 2024-12-31 | A | 2,526 | — | $0 |
| 2025-01-03 | LOSH J MICHAEL | Director | 2024-12-31 | A | 3,053 | — | $0 |
| 2024-10-02 | Parmer George | Director | 2024-09-30 | A | 4,898 | — | $0 |
| 2024-10-02 | OMENN GILBERT S | Director | 2024-09-30 | A | 4,898 | — | $0 |
| 2024-10-02 | Ogawa Richard | Director | 2024-09-30 | A | 4,898 | — | $0 |
| 2024-10-02 | Barkett Anthony M. | Director | 2024-09-30 | A | 4,898 | — | $0 |
| 2024-10-02 | LOSH J MICHAEL | Director | 2024-09-30 | A | 5,918 | — | $0 |
| 2024-07-02 | Ogawa Richard | Director | 2024-06-28 | A | 4,000 | — | $0 |
| 2024-07-02 | Barkett Anthony M. | Director | 2024-06-28 | A | 4,000 | — | $0 |
| 2024-07-02 | LOSH J MICHAEL | Director | 2024-06-28 | A | 4,833 | — | $0 |
| 2024-07-02 | Parmer George | Director | 2024-06-28 | A | 4,000 | — | $0 |
| 2024-07-02 | OMENN GILBERT S | Director | 2024-06-28 | A | 4,000 | — | $0 |