# Sollensys Corp. (SOLS)

**Exchange:** NASDAQ  
**Sector:** Technology  
**Market cap:** $12.34B  
**Price:** $77.69 (-3.23%)

> Sollensys Corp. is a technology company specializing in the development of commercial blockchain applications with a focus on cybersecurity solutions. Its flagship product, the Blockchain Archive Server, provides a turnkey, off-the-shelf blockchain platform designed to work seamlessly with virtually any hardware or software configuration used by businesses, allowing clients to enhance their existing data security infrastructure without major overhauls. The Blockchain Archive Server encrypts, fragments, and distributes data across secure nodes daily, ensuring a secure, redundant, and immutable backup to protect against threats such as ransomware. 

The company also addresses the needs of industry sectors such as healthcare, finance, aerospace, and defense, evidenced by its registration for International Traffic in Arms Regulations (ITAR) to support government clients. Beyond its core offering, Sollensys is developing the Argus Panoptes RFID System, which leverages blockchain technology to safeguard data collected from RFID sensors. Recent strategic acquisitions, including a facility in Palm Bay, Florida and Abstract Media (an AR/VR solutions company), support the company's innovation and expansion in securing digital assets and sensitive corporate data. Serving primarily small to medium-sized businesses, Sollensys Corp. plays a crucial role in enabling robust data security and disaster recovery in a rapidly evolving threat landscape.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $3.89B | $1.25B | — | $237M | — |
| 2024 | $3.77B | $1.31B | — | $594M | — |
| 2023 | $3.65B | $1.28B | — | $621M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $5.67B | $4.30B | $1.41B | $534M | $2.00B |
| 2024 | $5.00B | $1.82B | $3.26B | $661M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $455M | $336M | $119M |
| 2024 | $842M | $296M | $546M |
| 2023 | $760M | $299M | $461M |

Source: [CompaniesByCap](https://companiesbycap.com/company/SOLS)