Symbols / BINI $0.08 -11.11% Bollinger Innovations, Inc.

Consumer Cyclical • Auto Manufacturers • United States • PNK
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Stock Fundamentals
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Index EQUITY
Sector Consumer Cyclical
Industry Auto Manufacturers
CEO Mr. David Michery
Exch · Country PNK · United States
Market Cap 40.49K
Enterprise Value 36.44M
Income -472.94M
Sales 9.34M
FCF (ttm) 29.19M
Book/sh -1,083.74
Cash/sh 24.68
Employees 388
Insider 10d —
IPO Oct 17, 2008
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E —
Forward P/E —
PEG —
P/S 0.00
P/B -0.00
P/C —
EV/EBITDA -0.16
EV/Sales 3.90
Quick Ratio 0.00
Current Ratio 0.23
Debt/Eq —
LT Debt/Eq —
EPS (ttm) -1,188,295.80
EPS next Y —
EPS Growth —
Revenue Growth 6.26%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-02-13
Earnings (prior) 2026-02-13
ROA -107.73%
ROE —
ROIC —
Gross Margin 0.00%
Oper. Margin -122.13%
Profit Margin 0.00%
Shs Outstand 506.09K
Shs Float 18.40K
Insider Own 4.25%
Instit Own 4.93%
Short Float 122.25%
Short Ratio 0.76
Short Interest 618.69K
52W High 735.00
vs 52W High -99.99%
52W Low 0.01
vs 52W Low 700.00%
Beta -1,206,938,750.00
Impl. Vol. —
Rel Volume 2.14
Avg Volume 87.19K
Volume 186.31K
Target (mean) —
Tgt Median —
Tgt Low —
Tgt High —
# Analysts —
Recom None
Prev Close $0.09
Price $0.08
Change -11.11%
About

Bollinger Innovations, Inc., an electric vehicle company, manufactures, sells, and distributes electric vehicles in the United States. The company operates in two segments, Bollinger and Mullen Commercial. Its products include passenger and commercial vehicles; and provides battery system technology. The company was formerly known as Mullen Automotive, Inc. and changed its name to Bollinger Innovations, Inc. in July 2025. The company is headquartered in Brea, California.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$0.08
Latest analyst target
3. DCF / Fair value
$1038.27
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.08
Low
—
High
—
Mean
—
News
RSS: Latest BINI news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2025-10-10 WINVEST INVESTMENT FUND MANAGEMENT CORP. Beneficial Owner of more than 10% of a Class of Security — 27,900 $0.54 $14,980
2025-10-10 WINVEST INVESTMENT FUND MANAGEMENT CORP. Beneficial Owner of more than 10% of a Class of Security — 29,589 $0.68 $20,014
2025-06-10 PUCKETT KENT Director — 21,000 $5.92 $124,261
2025-06-09 PUCKETT KENT Director — 21,000 — —
2025-04-04 HRT FINANCIAL L.P Beneficial Owner of more than 10% of a Class of Security — 2,012,436 $0.08 $160,995
2025-04-03 HRT FINANCIAL L.P Beneficial Owner of more than 10% of a Class of Security — 546,706 $0.08 $43,736
2025-03-05 WINTER MARY Director — 62,000 $2.01 $124,620
2025-03-04 MICHERY DAVID Chief Executive Officer — 20,000 — —
2025-03-03 WINTER MARY Director — 62,000 — —
2025-02-27 WINTER MARY Director — 2,716 $3.73 $10,131
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Total Revenue
1.09
+199.00%
0.37
0.00
0.00
Operating Revenue
1.09
+199.00%
0.37
0.00
0.00
Cost Of Revenue
16.89
+6068.39%
0.27
0.00
—
Reconciled Cost Of Revenue
16.89
+6068.39%
0.27
0.00
—
Gross Profit
-15.80
-17251.67%
0.09
0.00
—
Operating Expense
256.84
-12.41%
293.23
+202.34%
96.99
+332.93%
22.40
Research And Development
74.89
-3.23%
77.39
+257.43%
21.65
+619.53%
3.01
Selling General And Administration
181.95
-15.70%
215.85
+194.17%
73.37
+299.76%
18.35
Selling And Marketing Expense
—
8.44
+91.56%
4.41
+965.27%
0.41
General And Administrative Expense
181.95
-15.70%
215.85
+212.97%
68.97
+284.41%
17.94
Salaries And Wages
—
98.85
+506.29%
16.30
+152.39%
6.46
Other Gand A
181.95
-15.70%
215.85
+327.28%
50.52
+420.54%
9.70
Other Operating Expenses
—
1.13
+187.33%
0.39
+60.36%
0.24
Total Expenses
273.73
-6.74%
293.51
+202.62%
96.99
+332.93%
22.40
Operating Income
-272.64
+6.99%
-293.14
-202.24%
-96.99
-332.93%
-22.40
Total Operating Income As Reported
-391.83
-3.72%
-377.77
-289.50%
-96.99
-332.95%
-22.40
EBITDA
-438.35
+56.00%
-996.27
-40.30%
-710.09
-3077.04%
-22.35
Normalized EBITDA
-254.19
+7.35%
-274.35
-176.13%
-99.35
-327.49%
-23.24
Reconciled Depreciation
21.98
+34.15%
16.39
+399.30%
3.28
+355.36%
0.72
EBIT
-460.34
+54.54%
-1,012.65
-41.95%
-713.37
-2992.01%
-23.07
Total Unusual Items
-184.16
+74.49%
-721.92
-18.20%
-610.74
-68677.38%
0.89
Total Unusual Items Excluding Goodwill
-184.16
+74.49%
-721.92
-18.20%
-610.74
-68677.38%
0.89
Special Income Charges
-120.36
-33.01%
-90.49
-2476.50%
-3.51
-494.37%
0.89
Other Special Charges
0.66
-89.50%
6.25
+80.44%
3.46
+488.69%
-0.89
Impairment Of Capital Assets
119.19
+40.83%
84.63
0.00
—
Net Income
-457.06
+52.99%
-972.25
-31.47%
-739.53
-1571.62%
-44.24
Pretax Income
-509.72
+49.91%
-1,017.65
-37.46%
-740.32
-1573.43%
-44.24
Net Non Operating Interest Income Expense
-55.38
-1009.06%
-4.99
+81.47%
-26.95
-18.57%
-22.73
Interest Expense Non Operating
49.38
+888.90%
4.99
-81.47%
26.95
+27.31%
21.17
Net Interest Income
-55.38
-1009.06%
-4.99
+81.47%
-26.95
-18.57%
-22.73
Interest Expense
49.38
+888.90%
4.99
-81.47%
26.95
+27.31%
21.17
Other Income Expense
-181.70
+74.75%
-719.51
-16.73%
-616.38
-69311.56%
0.89
Other Non Operating Income Expenses
2.46
+2.14%
2.41
+142.62%
-5.65
—
Gain On Sale Of Security
-63.80
+89.90%
-631.43
-3.99%
-607.22
—
Tax Provision
-3.89
+64.61%
-10.99
-686880.13%
0.00
+100.00%
0.00
Tax Rate For Calcs
0.00
+0.00%
0.00
-95.24%
0.00
-22.22%
0.00
Tax Effect Of Unusual Items
-1.84
+74.49%
-7.22
+94.37%
-128.25
-53437.96%
0.24
Net Income Including Noncontrolling Interests
-505.83
+49.75%
-1,006.66
-35.98%
-740.32
-1573.41%
-44.24
Net Income From Continuing Operation Net Minority Interest
-457.06
+52.99%
-972.25
-31.47%
-739.53
-1571.62%
-44.24
Net Income From Continuing And Discontinued Operation
-457.06
+52.99%
-972.25
-31.47%
-739.53
-1571.62%
-44.24
Net Income Continuous Operations
-505.83
+49.75%
-1,006.66
-35.98%
-740.32
-1573.41%
-44.24
Minority Interests
48.77
+41.75%
34.40
+4244.27%
0.79
0.00
Normalized Income
-274.74
-6.67%
-257.55
-0.20%
-257.05
-472.61%
-44.89
Net Income Common Stockholders
-470.96
+51.19%
-964.89
-23.70%
-780.05
-1663.20%
-44.24
Diluted EPS
-67,280,249.14
+72.11%
-241,223,546.25
-85.54%
-130,008,207.67
-1075.47%
-11,060,145.00
Basic EPS
-67,280,249.14
+72.11%
-241,223,546.25
-85.54%
-130,008,207.67
-1075.47%
-11,060,145.00
Basic Average Shares
0.00
+75.00%
0.00
-33.33%
0.00
+50.00%
0.00
Diluted Average Shares
0.00
+75.00%
0.00
-33.33%
0.00
+50.00%
0.00
Diluted NI Availto Com Stockholders
-470.96
+51.19%
-964.89
-23.70%
-780.05
-1663.20%
-44.24
Amortization
—
6.60
+642.85%
0.89
0.00
Amortization Of Intangibles Income Statement
—
6.60
+642.85%
0.89
0.00
Depreciation Amortization Depletion Income Statement
—
16.39
+783.13%
1.86
+157.45%
0.72
Depreciation And Amortization In Income Statement
—
16.39
+783.13%
1.86
+157.45%
0.72
Depreciation Income Statement
—
9.79
+912.06%
0.97
+34.15%
0.72
Gain On Sale Of PPE
-0.51
-232.47%
0.39
+863.98%
-0.05
0.00
Other Taxes
—
0.44
+255.27%
-0.28
-487.41%
0.07
Preferred Stock Dividends
13.90
+288.89%
-7.36
-118.17%
40.52
—
Rent And Landing Fees
—
1.43
-33.39%
2.15
+20.80%
1.78
Rent Expense Supplemental
—
1.43
-33.39%
2.15
+20.80%
1.78
Total Other Finance Cost
6.00
—
—
1.56
Line Item Trend 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Total Assets
178.63
-57.64%
421.71
+39.36%
302.59
+1662.09%
17.17
Current Assets
63.17
-68.11%
198.13
+129.49%
86.33
+1167.55%
6.81
Cash Cash Equivalents And Short Term Investments
10.32
-93.35%
155.27
+187.08%
54.09
+128144.14%
0.04
Cash And Cash Equivalents
10.32
-93.35%
155.27
+187.08%
54.09
+128144.14%
0.04
Receivables
0.12
-81.50%
0.67
0.00
—
Accounts Receivable
0.12
-81.50%
0.67
0.00
—
Inventory
37.50
+123.14%
16.81
0.00
-100.00%
0.06
Raw Materials
12.66
-0.59%
12.73
—
0.06
Work In Process
4.36
+39.02%
3.14
—
—
Finished Goods
20.48
+2085.42%
0.94
—
—
Prepaid Assets
14.80
-40.70%
24.96
+1174.03%
1.96
-71.06%
6.77
Current Deferred Assets
—
—
—
0.26
Restricted Cash
0.43
-0.59%
0.43
-98.58%
30.29
0.00
Other Current Assets
—
24.96
+1174.03%
1.96
+682.47%
0.25
Total Non Current Assets
115.46
-48.36%
223.58
+3.38%
216.26
+1987.17%
10.36
Net PPE
85.22
-2.36%
87.28
+349.89%
19.40
+449.22%
3.53
Gross PPE
107.65
+16.71%
92.24
+313.62%
22.30
+264.60%
6.12
Accumulated Depreciation
-22.43
-352.56%
-4.96
-70.90%
-2.90
-12.21%
-2.58
Properties
0.00
0.00
0.00
0.00
Land And Improvements
3.07
+0.84%
3.04
+369.49%
0.65
—
Buildings And Improvements
50.01
+4.01%
48.08
+527.77%
7.66
+851.85%
0.80
Machinery Furniture Equipment
41.97
+50.63%
27.86
+277.34%
7.38
+155.10%
2.89
Construction In Progress
3.18
-38.55%
5.18
+1820.34%
0.27
0.00
Other Properties
9.42
+16.70%
8.07
+27.34%
6.34
+169.69%
2.35
Leases
—
—
0.08
+15.15%
0.07
Goodwill And Other Intangible Assets
27.06
-79.67%
133.08
-28.75%
186.78
+7385.47%
2.50
Goodwill
0.00
-100.00%
28.85
-68.93%
92.83
0.00
Other Intangible Assets
27.06
-74.04%
104.24
+10.95%
93.95
+3665.02%
2.50
Non Current Accounts Receivable
—
2.25
+82.61%
1.23
—
Non Current Prepaid Assets
3.18
+230.96%
0.96
-83.39%
5.78
+305.22%
1.43
Other Non Current Assets
—
—
3.06
+5.42%
2.91
Total Liabilities Net Minority Interest
195.18
+31.08%
148.90
+2.24%
145.64
+84.62%
78.88
Current Liabilities
183.17
+31.20%
139.61
+14.22%
122.23
+71.77%
71.16
Payables And Accrued Expenses
54.27
+122.69%
24.37
+15.73%
21.06
-13.46%
24.33
Payables
47.32
+188.08%
16.43
+5.19%
15.62
+199.95%
5.21
Accounts Payable
41.34
+213.73%
13.18
+115.66%
6.11
+17.35%
5.21
Dividends Payable
0.49
+22.50%
0.40
-94.82%
7.76
0.00
Current Accrued Expenses
6.95
-12.51%
7.94
+45.99%
5.44
-71.55%
19.13
Total Tax Payable
5.49
+92.80%
2.85
+63.31%
1.74
0.00
Current Debt And Capital Lease Obligation
8.29
-13.57%
9.60
+81.57%
5.28
-86.72%
39.80
Current Debt
5.40
-27.63%
7.46
+93.48%
3.86
-90.16%
39.20
Other Current Borrowings
3.01
+4715.09%
0.06
-92.23%
0.81
-97.95%
39.20
Current Capital Lease Obligation
2.89
+35.58%
2.13
+49.42%
1.43
+138.12%
0.60
Current Deferred Liabilities
—
—
1.74
0.00
Other Current Liabilities
82.69
+8.98%
75.88
-20.87%
95.89
+1264.48%
7.03
Total Non Current Liabilities Net Minority Interest
12.00
+29.27%
9.29
-60.32%
23.41
+203.09%
7.72
Long Term Debt And Capital Lease Obligation
11.65
+226.57%
3.57
-58.15%
8.52
+304.84%
2.11
Long Term Debt
—
—
5.16
+1985.74%
0.25
Long Term Capital Lease Obligation
11.65
+226.57%
3.57
+6.18%
3.36
+80.82%
1.86
Non Current Deferred Liabilities
0.00
-100.00%
3.89
-73.85%
14.88
0.00
Non Current Deferred Taxes Liabilities
0.00
-100.00%
3.89
-73.85%
14.88
0.00
Other Non Current Liabilities
0.36
-80.51%
1.83
+182789000.00%
-0.00
-100.00%
5.62
Stockholders Equity
-28.56
-113.67%
208.95
+255.99%
58.70
+195.11%
-61.71
Common Stock Equity
-28.56
-113.67%
208.95
+256.02%
58.69
+195.10%
-61.72
Capital Stock
0.00
+207.85%
0.00
-72.13%
0.01
-54.72%
0.01
Common Stock
0.00
+15682.76%
0.00
-21.62%
0.00
-99.48%
0.01
Preferred Stock
0.00
-76.90%
0.00
-72.45%
0.01
+0.94%
0.01
Share Issued
0.00
+75.00%
0.00
-33.33%
0.00
-40.00%
0.00
Ordinary Shares Number
0.00
0.00
0.00
0.00
Additional Paid In Capital
2,290.66
+10.60%
2,071.11
+118.33%
948.60
+970.05%
88.65
Retained Earnings
-2,319.22
-24.54%
-1,862.16
-109.25%
-889.91
-491.79%
-150.37
Minority Interest
12.01
-81.19%
63.86
-35.01%
98.26
0.00
Total Equity Gross Minority Interest
-16.55
-106.07%
272.81
+73.81%
156.96
+354.34%
-61.71
Total Capitalization
-28.56
-113.67%
208.95
+227.20%
63.86
+203.90%
-61.46
Working Capital
-120.00
-305.06%
58.52
+263.02%
-35.90
+44.22%
-64.35
Invested Capital
-23.16
-110.70%
216.41
+219.61%
67.71
+404.07%
-22.27
Total Debt
19.94
+51.50%
13.16
-4.68%
13.81
-67.05%
41.91
Net Debt
—
—
—
39.41
Capital Lease Obligations
14.54
+155.07%
5.70
+19.08%
4.79
+94.80%
2.46
Net Tangible Assets
-55.61
-173.30%
75.87
+159.23%
-128.08
-99.49%
-64.21
Tangible Book Value
-55.61
-173.30%
75.87
+159.23%
-128.09
-99.48%
-64.21
Current Deferred Taxes Liabilities
—
—
1.74
0.00
Current Notes Payable
2.39
-67.77%
7.40
+142.50%
3.05
—
Current Provisions
37.91
+27.38%
29.76
—
—
Duefrom Related Parties Non Current
0.00
-100.00%
2.25
+82.61%
1.23
0.00
Interest Payable
2.40
+54.66%
1.55
+12.47%
1.38
-88.97%
12.49
Inventories Adjustments Allowances
—
-1.00
—
—
Non Current Note Receivables
—
—
—
0.09
Preferred Stock Equity
0.00
-76.90%
0.00
-72.45%
0.01
+0.94%
0.01
Line Item Trend 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Operating Cash Flow
-185.56
-3.56%
-179.17
-172.32%
-65.80
-275.50%
-17.52
Cash Flow From Continuing Operating Activities
-185.56
-3.56%
-179.17
-172.32%
-65.80
-275.50%
-17.52
Net Income From Continuing Operations
-505.83
+49.75%
-1,006.66
-35.98%
-740.32
-1573.41%
-44.24
Depreciation Amortization Depletion
21.98
+34.15%
16.39
+399.30%
3.28
+355.36%
0.72
Depreciation And Amortization
21.98
+34.15%
16.39
+399.30%
3.28
+355.36%
0.72
Other Non Cash Items
54.79
+6255.90%
0.86
-97.43%
33.48
+45.97%
22.94
Stock Based Compensation
40.43
-52.68%
85.44
+95.45%
43.72
+780.36%
4.97
Asset Impairment Charge
134.77
+57.38%
85.63
0.00
-100.00%
0.07
Deferred Tax
-3.89
+64.59%
-10.99
-687030.13%
0.00
+100.00%
0.00
Deferred Income Tax
-3.89
+64.59%
-10.99
-687030.13%
0.00
+100.00%
0.00
Operating Gains Losses
64.97
-89.91%
644.10
+6.06%
607.32
+68293.31%
-0.89
Gain Loss On Investment Securities
63.80
-90.00%
638.24
+5.11%
607.22
—
Change In Working Capital
7.22
+19.26%
6.05
+145.61%
-13.27
-1119.21%
-1.09
Change In Receivables
0.55
0.00
—
—
Changes In Account Receivables
0.55
0.00
—
—
Change In Inventory
-36.27
-103.71%
-17.81
0.00
+100.00%
-0.09
Change In Prepaid Assets
8.42
+137.11%
-22.69
-828.43%
3.11
+187.20%
-3.57
Change In Payables And Accrued Expense
34.98
-24.42%
46.28
+375.15%
-16.82
-640.78%
3.11
Change In Accrued Expense
9.75
-74.67%
38.50
+313.73%
-18.01
-605.10%
-2.55
Change In Payable
25.23
+224.08%
7.78
+552.97%
1.19
-78.96%
5.67
Change In Account Payable
25.23
+224.08%
7.78
+552.97%
1.19
-78.96%
5.67
Change In Other Working Capital
-0.46
-274.51%
0.26
-40.77%
0.44
—
Change In Other Current Assets
—
—
0.00
+100.00%
-0.05
Change In Other Current Liabilities
—
—
0.00
+100.00%
-0.49
Investing Cash Flow
-16.15
+85.04%
-107.92
-128.87%
-47.15
-29046.52%
-0.16
Cash Flow From Continuing Investing Activities
-16.15
+85.04%
-107.92
-128.87%
-47.15
-29046.52%
-0.16
Net PPE Purchase And Sale
-14.75
+86.27%
-107.42
-527.96%
-17.11
-38874.20%
-0.04
Purchase Of PPE
-14.75
+86.27%
-107.42
-527.96%
-17.11
-38874.20%
-0.04
Capital Expenditure
-14.75
+86.33%
-107.92
-515.93%
-17.52
-10730.63%
-0.16
Net Business Purchase And Sale
-1.40
0.00
+100.00%
-29.63
0.00
Purchase Of Business
-1.40
0.00
+100.00%
-29.63
0.00
Net Intangibles Purchase And Sale
0.00
+100.00%
-0.50
-20.05%
-0.42
-252.18%
-0.12
Purchase Of Intangibles
0.00
+100.00%
-0.50
-20.05%
-0.42
-252.18%
-0.12
Net Other Investing Changes
—
—
-5.50
—
Financing Cash Flow
56.76
-84.16%
358.42
+81.68%
197.28
+1015.05%
17.69
Cash Flow From Continuing Financing Activities
56.76
-84.16%
358.42
+81.68%
197.28
+1015.05%
17.69
Net Issuance Payments Of Debt
56.76
-61.99%
149.31
+5319.72%
-2.86
-123.47%
12.19
Issuance Of Debt
61.70
-63.70%
170.00
+1288.85%
12.24
-4.14%
12.77
Repayment Of Debt
-4.95
+76.10%
-20.69
-37.04%
-15.10
-2499.68%
-0.58
Long Term Debt Issuance
—
170.00
+1288.85%
12.24
-4.14%
12.77
Long Term Debt Payments
—
-20.69
-37.04%
-15.10
-2499.68%
-0.58
Net Long Term Debt Issuance
—
149.31
+5319.72%
-2.86
-123.47%
12.19
Short Term Debt Issuance
61.70
-63.70%
170.00
—
—
Short Term Debt Payments
-4.95
+76.10%
-20.69
—
—
Net Short Term Debt Issuance
56.76
-61.99%
149.31
—
—
Net Common Stock Issuance
0.00
-100.00%
191.39
+352.78%
42.27
+780.60%
4.80
Common Stock Payments
0.00
+100.00%
-5.61
0.00
—
Repurchase Of Capital Stock
0.00
+100.00%
-5.61
0.00
—
Proceeds From Stock Option Exercised
—
0.00
-100.00%
15.00
0.00
Net Other Financing Charges
—
17.72
—
—
Changes In Cash
-144.95
-303.23%
71.32
-15.43%
84.33
+957575.57%
0.01
Beginning Cash Position
155.70
+84.53%
84.38
+199964.22%
0.04
+26.39%
0.03
End Cash Position
10.75
-93.10%
155.70
+84.53%
84.38
+199964.22%
0.04
Free Cash Flow
-200.30
+30.23%
-287.10
-244.58%
-83.32
-371.15%
-17.68
Interest Paid Supplemental Data
0.04
-69.42%
0.12
-91.30%
1.41
+9202.25%
0.02
Income Tax Paid Supplemental Data
—
0.00
0.00
-100.00%
0.00
Common Stock Issuance
0.00
-100.00%
197.00
+366.06%
42.27
+780.60%
4.80
Issuance Of Capital Stock
0.00
-100.00%
197.00
+6.40%
185.14
+3263.13%
5.51
Net Preferred Stock Issuance
—
197.00
+37.88%
142.87
+20165.77%
0.70
Preferred Stock Issuance
—
197.00
+37.88%
142.87
+20165.77%
0.70
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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