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Side-by-side financial comparison of New ERA Energy & Digital, Inc. (NUAI) and Rafael Holdings, Inc. (RFL). Click either name above to swap in a different company.
Rafael Holdings, Inc. is the larger business by last-quarter revenue ($240.0K vs $159.4K, roughly 1.5× New ERA Energy & Digital, Inc.). New ERA Energy & Digital, Inc. runs the higher net margin — -3627.8% vs -4090.0%, a 462.2% gap on every dollar of revenue.
Rafael Advanced Defense Systems Ltd. is an Israeli defense technology company. It was founded as Israel's National R&D Defense Laboratory for the development of weapons and military technology within the Israeli Ministry of Defense; in 2002 it was incorporated as a limited company.
NUAI vs RFL — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $159.4K | $240.0K |
| Net Profit | $-5.8M | $-9.8M |
| Gross Margin | — | — |
| Operating Margin | -2637.1% | -4225.4% |
| Net Margin | -3627.8% | -4090.0% |
| Revenue YoY | — | 87.5% |
| Net Profit YoY | — | -9.0% |
| EPS (diluted) | $-0.20 | $-0.19 |
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 | — | $240.0K | ||
| Q3 25 | $159.4K | — | ||
| Q2 25 | $209.1K | — | ||
| Q1 25 | $326.5K | — | ||
| Q3 24 | — | $165.0K | ||
| Q2 24 | — | $336.0K | ||
| Q1 24 | — | $68.0K | ||
| Q4 23 | — | $68.0K |
| Q4 25 | — | $-9.8M | ||
| Q3 25 | $-5.8M | — | ||
| Q2 25 | $-3.6M | — | ||
| Q1 25 | $-3.3M | — | ||
| Q3 24 | — | $-4.5M | ||
| Q2 24 | — | $-32.4M | ||
| Q1 24 | — | $6.0M | ||
| Q4 23 | — | $-3.6M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 74.7% | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
| Q4 25 | — | -4225.4% | ||
| Q3 25 | -2637.1% | — | ||
| Q2 25 | -891.3% | — | ||
| Q1 25 | -633.8% | — | ||
| Q3 24 | — | -2330.3% | ||
| Q2 24 | — | -27726.5% | ||
| Q1 24 | — | -4622.1% | ||
| Q4 23 | — | -3644.1% |
| Q4 25 | — | -4090.0% | ||
| Q3 25 | -3627.8% | — | ||
| Q2 25 | -1724.4% | — | ||
| Q1 25 | -1017.1% | — | ||
| Q3 24 | — | -2707.9% | ||
| Q2 24 | — | -9628.3% | ||
| Q1 24 | — | 8892.6% | ||
| Q4 23 | — | -5350.0% |
| Q4 25 | — | $-0.19 | ||
| Q3 25 | $-0.20 | — | ||
| Q2 25 | $-0.21 | — | ||
| Q1 25 | $-0.24 | — | ||
| Q3 24 | — | $-0.19 | ||
| Q2 24 | — | $-1.36 | ||
| Q1 24 | — | $0.25 | ||
| Q4 23 | — | $-0.15 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $14.2M | $45.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $12.9M | $85.2M |
| Total Assets | $23.4M | $105.4M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $45.5M | ||
| Q3 25 | $14.2M | — | ||
| Q2 25 | $5.2M | — | ||
| Q1 25 | $1.0M | — | ||
| Q3 24 | — | $2.7M | ||
| Q2 24 | — | $7.4M | ||
| Q1 24 | — | $7.1M | ||
| Q4 23 | — | $13.2M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $6.7M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
| Q4 25 | — | $85.2M | ||
| Q3 25 | $12.9M | — | ||
| Q2 25 | $-137.4K | — | ||
| Q1 25 | $-2.7M | — | ||
| Q3 24 | — | $82.2M | ||
| Q2 24 | — | $86.1M | ||
| Q1 24 | — | $104.9M | ||
| Q4 23 | — | $98.2M |
| Q4 25 | — | $105.4M | ||
| Q3 25 | $23.4M | — | ||
| Q2 25 | $13.8M | — | ||
| Q1 25 | $9.9M | — | ||
| Q3 24 | — | $96.8M | ||
| Q2 24 | — | $101.6M | ||
| Q1 24 | — | $106.1M | ||
| Q4 23 | — | $95.5M |
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 | $-2.5M | $-6.8M |
| Free Cash FlowOCF − Capex | $-3.0M | — |
| FCF MarginFCF / Revenue | -1875.8% | — |
| Capex IntensityCapex / Revenue | 306.4% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-6.8M | ||
| Q3 25 | $-2.5M | — | ||
| Q2 25 | $-1.8M | — | ||
| Q1 25 | $-2.8M | — | ||
| Q3 24 | — | $-2.9M | ||
| Q2 24 | — | $-251.0K | ||
| Q1 24 | — | $-2.5M | ||
| Q4 23 | — | $-2.1M |
| Q4 25 | — | — | ||
| Q3 25 | $-3.0M | — | ||
| Q2 25 | $-2.0M | — | ||
| Q1 25 | $-3.5M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $-375.0K | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | -1875.8% | — | ||
| Q2 25 | -944.1% | — | ||
| Q1 25 | -1074.5% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -111.6% | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | 306.4% | — | ||
| Q2 25 | 59.8% | — | ||
| Q1 25 | 207.5% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 36.9% | ||
| Q1 24 | — | — | ||
| Q4 23 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -0.42× | ||
| Q4 23 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
