Company research
BOXABL Corp.
CIK 1816937Updated Oct 6, 2026
Name history
Boxabl Inc. · through Jul 21, 2026BOXABL Inc. · through Jul 21, 2026
Filing activity
Latest filing
50 filings on record · 15-12G, DEFA14A, 10-Q, DEFM14A, 425, 8-K.
About the company
BOXABL is transforming the housing market with its modular building systems designed to deliver affordable, high-quality homes at unprecedented speed. Founded in 2017, BOXABL’s innovative approach has attracted worldwide attention as it aims to solve housing challenges for individuals and communities alike. BOXABL’S flagship product, the Casita, is a 361 square foot studio unit with a full kitchen, bathroom, and utilities. The Casita unfolds on-site in less than an hour and is manufactured inside BOXABL’s facilities. BOXABL also has announced the Baby Box, a smaller 120 square foot unit built to RV code, intended for simpler, no foundation-setups. BOXABL is also developing stackable and connectable box models that can be combined to form townhomes, multifamily units, or larger single-family homes.
Recent filings
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 69,259,000Source | 72,736,000Source | 107,525,000Source | 110,082,000Source |
| Property, Plant and Equipment, NetUSD | 7,335,000Source | 8,929,000Source | 10,766,000Source | 7,738,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 498,000Source | 542,000Source | 369,000Source | — |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | — | — | 18,574,000Source | 9,025,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 41,000Source | 92,000Source | 26,000Source | — |
| Inventory, NetUSD | 18,848,000Source | 24,261,000Source | 18,694,000Source | 8,243,000Source |
| Assets, CurrentUSD | 48,864,000Source | 47,018,000Source | 65,655,000Source | 92,155,000Source |
| Operating Lease, Right-of-Use AssetUSD | 6,646,000Source | 10,026,000Source | 13,238,000Source | 3,686,000Source |
| Other Assets, NoncurrentUSD | 88,000Source | — | — | — |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 15,242,000Source | 19,612,000Source | 25,178,000Source | 12,262,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 30,000Source | 30,000Source | 300,000Source | 300,000Source |
| Additional Paid in CapitalUSD | 15,274,000Source | 19,322,000Source | 11,818,000Source | 3,089,000Source |
| Retained Earnings (Accumulated Deficit)USD | -775,984,000Source | -718,435,000Source | -667,486,000Source | -627,960,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | — | 170,000Source | — | — |
| Stockholders' Equity Attributable to ParentUSD | 54,017,000Source | 53,124,000Source | 82,347,000Source | 97,820,000Source |
| Liabilities and EquityUSD | 69,259,000Source | 72,736,000Source | 107,525,000Source | 110,082,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 11,594,000Source | 12,444,000Source | 14,517,000Source | 9,171,000Source |
| Operating Lease, Liability, CurrentUSD | 3,520,000Source | 3,493,000Source | 3,182,000Source | 1,000,000Source |
| Accounts Payable, CurrentUSD | 984,000Source | 1,776,000Source | 2,349,000Source | 1,282,000Source |
| Operating Lease, Liability, NoncurrentUSD | 3,648,000Source | 7,168,000Source | 10,661,000Source | 3,091,000Source |
| Additional Financial Items | ||||
| Cash, Cash Equivalents, and Short-term InvestmentsUSD | 29,022,000Source | 21,695,000Source | — | — |
| Deferred Revenue, CurrentUSD | 1,548,000Source | 2,286,000Source | 2,684,000Source | 1,505,000Source |
| Deferred Tax Liabilities, NetUSD | 1,979,000Source | 2,596,000Source | 3,221,000Source | — |
| Short-term InvestmentsUSD | — | 15,943,000Source | 27,685,000Source | 74,385,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | 7,248,000Source | 8,729,000Source | 1,710,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 140,000Source | 65,000Source | 26,000Source | -489,000Source |
| Increase (Decrease) in InventoriesUSD | 10,463,000Source | 5,346,000Source | 10,451,000Source | -536,000Source |
| Increase (Decrease) in Accounts PayableUSD | -792,000Source | -794,000Source | 1,067,000Source | -110,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -47,175,000Source | -38,400,000Source | -38,288,000Source | -33,276,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 14,945,000Source | 11,190,000Source | 36,092,000Source | -83,009,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 178,000Source | 1,242,000Source | 12,366,000Source | 6,996,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 55,590,000Source | 14,508,000Source | 15,503,000Source | 103,894,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 23,360,000Source | -12,702,000Source | 13,307,000Source | -12,391,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 32,990,000Source | 9,630,000Source | — | — |
| Additional Financial Items | ||||
| AmortizationUSD | 53,000Source | — | — | — |
| Cash, Cash Equivalents, and Short-term InvestmentsUSD | 29,022,000Source | 21,695,000Source | — | — |
| DepreciationUSD | 532,000Source | 849,000Source | 1,937,000Source | 1,200,000Source |
| Equity Securities, FV-NI, Unrealized Gain (Loss)USD | — | 15,943,000Source | — | — |
| Gain (Loss) on Disposition of AssetsUSD | — | — | -992,000Source | — |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | — | -578,971,000Source |
| General and Administrative ExpenseUSD | 14,675,000Source | 12,213,000Source | 14,855,000Source | 10,391,000Source |
| Impairment of Intangible Assets, Finite-livedUSD | — | — | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | 0Source | — | — | — |
| Inventory Write-downUSD | 17,116,000Source | 303,000Source | 1,424,000Source | 891,000Source |
| Marketable Securities, Gain (Loss), Excluding Other-than-temporary Impairment LossUSD | — | — | 3,119,000Source | 448,000Source |
| Net Income (Loss) Attributable to ParentUSD | -57,549,000Source | -50,950,000Source | -39,526,000Source | -612,395,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | -39,526,000Source | -612,395,000Source |
| Nonoperating Income (Expense)USD | 1,651,000Source | 1,767,000Source | 2,234,000Source | -579,304,000Source |
| Operating ExpensesUSD | 43,400,000Source | 41,127,000Source | 31,548,000Source | 20,291,000Source |
| Payments to Acquire InvestmentsUSD | 1,099,000Source | 15,378,000Source | 44,969,000Source | 94,584,000Source |
| Unrealized Gain (Loss) on InvestmentsUSD | -170,000Source | 3,119,000Source | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 1,514,000Source | 3,376,000Source | 344,000Source | 10,868,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | -59,200,000Source | -52,717,000Source | -41,760,000Source | -33,091,000Source |
| Income Tax Expense (Benefit)USD | 0Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | -57,549,000Source | -50,950,000Source | -39,526,000Source | -612,395,000Source |
| Earnings Per Share, BasicUSD per share | -0.02Source | -0.02Source | 0Source | 0Source |
| Earnings Per Share, DilutedUSD per share | -0.02Source | -0.02Source | 0Source | 0Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 3,000,000Source | 3,000,000Source | 3,000,000,000Source | 3,000,000,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 3,000,000Source | 3,000,000Source | 3,000,000,000Source | 3,000,000,000Source |
| Additional Financial Items | ||||
| Depreciation, Depletion and Amortization, NonproductionUSD | 585,000Source | 1,052,000Source | 2,375,000Source | 1,200,000Source |
| General and Administrative ExpenseUSD | 14,675,000Source | 12,213,000Source | 14,855,000Source | 10,391,000Source |
| Gross ProfitUSD | -15,800,000Source | -11,590,000Source | -10,212,000Source | -12,800,000Source |
| Interest Income, OtherUSD | 1,397,000Source | 1,583,000Source | 3,119,000Source | 530,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | -39,526,000Source | -612,395,000Source |
| Nonoperating Income (Expense)USD | 1,651,000Source | 1,767,000Source | 2,234,000Source | -579,304,000Source |
| Operating ExpensesUSD | 43,400,000Source | 41,127,000Source | 31,548,000Source | 20,291,000Source |
| Other IncomeUSD | 254,000Source | 184,000Source | 107,000Source | 48,000Source |
| Research and Development ExpenseUSD | 3,297,000Source | 6,592,000Source | 8,292,000Source | 3,377,000Source |
| Selling and Marketing ExpenseUSD | 25,428,000Source | 9,895,000Source | 8,401,000Source | 6,523,000Source |
Offerings
Registration 333-290357
Registration 333-290357-01
Filing attachments
ex99-1.htm · 425 · 2026-02-24
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Introductory Text: BOXABL is a tech construction company mass producing foldable homes with the goal to solve the housing crisis. @MicheleSteele sat down with @BOXABL CFO @MartinNoeCostas to discuss the company’s proposed $3.5 billion valuation, its transition to a predictable business, and the timeline for the proposed merger with FGMC as the company moves toward a potential public listing. Transcript: Interviewer: I’m here with Martin Costas h…
Read attachment ↗ex99-1.htm · 8-K · 2026-02-24
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Introductory Text: BOXABL is a tech construction company mass producing foldable homes with the goal to solve the housing crisis. @MicheleSteele sat down with @BOXABL CFO @MartinNoeCostas to discuss the company’s proposed $3.5 billion valuation, its transition to a predictable business, and the timeline for the proposed merger with FGMC as the company moves toward a potential public listing. Transcript: Interviewer: I’m here with Martin Costas h…
Read attachment ↗tmb-20250930xex99d1.htm · S-4/A · 2025-12-30
EX-99.1 12 tmb-20250930xex99d1.htm EX-99.1 Exhibit 99.1 PROXY CARD FG MERGER II CORP. 104 S. Walnut Street, Unit 1A Itasca, Illinois 60143 SPECIAL MEETING OF STOCKHOLDERS THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS OF FG MERGER II CORP. The undersigned appoints Larry G. Swets, Jr. and Hassan R. Baqar as proxies, and each of them with full power to act without the other, each with the power to appoint a substitute, and hereby authorizes either of them to represent and …
Read attachment ↗tmb-20250930xex99d2.htm · S-4/A · 2025-12-30
EX-99.2 13 tmb-20250930xex99d2.htm EX-99.2 Exhibit 99.2 PROXY CARD BOXABL INC. 5345 E. N. Belt Road North Las Vegas, NV 89115 SPECIAL MEETING OF STOCKHOLDERS THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS OF BOXABL INC. The undersigned appoints [ ] and [ ] as proxies, and each of them with full power to act without the other, each with the power to appoint a substitute, and hereby authorizes either of them to represent and to vote, as designated on the reverse side, all …
Read attachment ↗