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Side-by-side financial comparison of EMERSON RADIO CORP (MSN) and Nano Labs Ltd (NA). Click either name above to swap in a different company.
Nano Labs Ltd is the larger business by last-quarter revenue ($2.7M vs $1.9M, roughly 1.4× EMERSON RADIO CORP). Nano Labs Ltd runs the higher net margin — 754.5% vs -36.7%, a 791.2% gap on every dollar of revenue.
Emerson Radio Corporation is one of the United States' largest volume consumer electronics distributors and has a recognized trademark in continuous use since 1912. The company designs, markets, and licenses many product lines worldwide, including products sold, and sometimes licensed, under the brand name G Clef, an homage to Emerson's logo.
Weebit Nano is a public semiconductor IP company founded in Israel in 2015 and headquartered in Hod HaSharon, Israel. The company develops Resistive Random-Access Memory technologies. Resistive Random-Access Memory is a specialized form of non-volatile memory (NVM) for the semiconductor industry. The company's products are targeted at a broad range of NVM markets where persistence, performance, and endurance are all required. ReRAM technology can be integrated in electronic devices like weara...
MSN vs NA — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $1.9M | $2.7M |
| Net Profit | $-694.0K | $20.3M |
| Gross Margin | 10.9% | — |
| Operating Margin | -43.7% | — |
| Net Margin | -36.7% | 754.5% |
| Revenue YoY | -52.8% | — |
| Net Profit YoY | -31.7% | — |
| EPS (diluted) | $-0.03 | $1.03 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $1.9M | $2.7M | ||
| Q3 25 | $1.2M | — | ||
| Q2 25 | $1.7M | $1.2M | ||
| Q1 25 | $1.8M | — | ||
| Q4 24 | $4.0M | — | ||
| Q3 24 | $2.7M | — | ||
| Q2 24 | $2.2M | $3.5M | ||
| Q1 24 | $2.2M | — |
| Q4 25 | $-694.0K | $20.3M | ||
| Q3 25 | $-1.0M | — | ||
| Q2 25 | $-1.1M | $-985.5K | ||
| Q1 25 | $-2.4M | — | ||
| Q4 24 | $-527.0K | — | ||
| Q3 24 | $-881.0K | — | ||
| Q2 24 | $-962.0K | $-8.0M | ||
| Q1 24 | $-883.0K | — |
| Q4 25 | 10.9% | — | ||
| Q3 25 | -0.1% | — | ||
| Q2 25 | 0.7% | — | ||
| Q1 25 | -3.0% | — | ||
| Q4 24 | 12.3% | — | ||
| Q3 24 | 9.9% | — | ||
| Q2 24 | 8.8% | 0.1% | ||
| Q1 24 | 15.9% | — |
| Q4 25 | -43.7% | — | ||
| Q3 25 | -98.4% | — | ||
| Q2 25 | -78.1% | -459.2% | ||
| Q1 25 | -137.8% | — | ||
| Q4 24 | -18.3% | — | ||
| Q3 24 | -40.8% | — | ||
| Q2 24 | -55.6% | -237.2% | ||
| Q1 24 | -52.2% | — |
| Q4 25 | -36.7% | 754.5% | ||
| Q3 25 | -85.8% | — | ||
| Q2 25 | -68.1% | -85.2% | ||
| Q1 25 | -127.9% | — | ||
| Q4 24 | -13.2% | — | ||
| Q3 24 | -32.2% | — | ||
| Q2 24 | -43.8% | -231.3% | ||
| Q1 24 | -40.1% | — |
| Q4 25 | $-0.03 | $1.03 | ||
| Q3 25 | $-0.05 | — | ||
| Q2 25 | $-0.05 | $-0.06 | ||
| Q1 25 | $-0.10 | — | ||
| Q4 24 | $-0.03 | — | ||
| Q3 24 | $-0.04 | — | ||
| Q2 24 | $-0.05 | $-0.12 | ||
| Q1 24 | $-0.04 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $13.3M | $4.9M |
| Total DebtLower is stronger | — | $24.5M |
| Stockholders' EquityBook value | $18.6M | $106.5M |
| Total Assets | $20.1M | $159.3M |
| Debt / EquityLower = less leverage | — | 0.23× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.3M | $4.9M | ||
| Q3 25 | $13.5M | — | ||
| Q2 25 | $15.5M | $50.8M | ||
| Q1 25 | $16.1M | — | ||
| Q4 24 | $16.4M | — | ||
| Q3 24 | $16.7M | — | ||
| Q2 24 | $18.9M | $3.3M | ||
| Q1 24 | $19.9M | — |
| Q4 25 | — | $24.5M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $24.8M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $22.5M | ||
| Q1 24 | — | — |
| Q4 25 | $18.6M | $106.5M | ||
| Q3 25 | $19.3M | — | ||
| Q2 25 | $20.4M | $86.8M | ||
| Q1 25 | $21.5M | — | ||
| Q4 24 | $23.9M | — | ||
| Q3 24 | $24.4M | — | ||
| Q2 24 | $25.3M | $-5.1M | ||
| Q1 24 | $26.2M | — |
| Q4 25 | $20.1M | $159.3M | ||
| Q3 25 | $20.7M | — | ||
| Q2 25 | $23.3M | $206.4M | ||
| Q1 25 | $23.5M | — | ||
| Q4 24 | $26.4M | — | ||
| Q3 24 | $26.6M | — | ||
| Q2 24 | $28.5M | $51.2M | ||
| Q1 24 | $29.1M | — |
| Q4 25 | — | 0.23× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-228.0K | $-8.3M |
| Free Cash FlowOCF − Capex | — | $-8.4M |
| FCF MarginFCF / Revenue | — | -312.3% |
| Capex IntensityCapex / Revenue | 0.0% | 2.9% |
| Cash ConversionOCF / Net Profit | — | -0.41× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-228.0K | $-8.3M | ||
| Q3 25 | $-2.0M | — | ||
| Q2 25 | $-514.0K | $-7.1M | ||
| Q1 25 | $-391.0K | — | ||
| Q4 24 | $-293.0K | — | ||
| Q3 24 | $-2.1M | — | ||
| Q2 24 | $-840.0K | $-10.8M | ||
| Q1 24 | $-2.2M | — |
| Q4 25 | — | $-8.4M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $-7.2M | ||
| Q1 25 | — | — | ||
| Q4 24 | $-301.0K | — | ||
| Q3 24 | $-2.1M | — | ||
| Q2 24 | $-1.0M | $-15.4M | ||
| Q1 24 | $-2.3M | — |
| Q4 25 | — | -312.3% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -620.3% | ||
| Q1 25 | — | — | ||
| Q4 24 | -7.5% | — | ||
| Q3 24 | -77.8% | — | ||
| Q2 24 | -46.4% | -443.4% | ||
| Q1 24 | -102.3% | — |
| Q4 25 | 0.0% | 2.9% | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | 0.0% | 7.2% | ||
| Q1 25 | 0.0% | — | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 0.3% | — | ||
| Q2 24 | 8.2% | 133.1% | ||
| Q1 24 | 0.5% | — |
| Q4 25 | — | -0.41× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MSN
| Products | $1.8M | 95% |
| Other | $87.0K | 5% |
NA
Segment breakdown not available.