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Financial Snapshot

Revenue
TTM
$1.757M
Gross Margin
TTM
5.81%
Net Income
TTM
-$32.14M
Current Assets
2026 Q1
Current Liabilities
2026 Q1
Current Ratio
2026 Q1
197.25%
Total Assets
2026 Q1
Total Liabilities
2026 Q1
Book Value
2026 Q1
$8.685M
Cash
2026 Q1
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
-$8.233M

Stock Price

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Market Cap: $154.71 Million

About CitroTech Inc

CitroTech Inc (CITR) is a wildfire defense and fire retardant company that develops and sells chemical fire inhibitor products and integrated property protection systems. Revenue is generated through product sales of its CitroTech fire retardant formulation and installation and servicing of its CitroSafe remotely activated sprinkler systems, with recurring revenue from annual system inspections and periodic product replacement on a three-year cycle. The company holds 21 federally registered trademarks, including MIGHTY FIRE BREAKER and CITROTECH, and a patent portfolio covering fire inhibitor chemistry, application methods, GPS-coordinated spray networks, and AI-based wildfire response systems. CitroTech's fire inhibitor formulation holds EPA Safer Choice recognition, which the company identifies as a material competitive differentiator. As of the 10-K filed March 30, 2026, the company remained pre-scale, carrying convertible notes and derivative liabilities on its balance sheet, and has not paid dividends since inception. Between October 1, 2025, and March 30, 2026, it raised $2,676,754 through a PIPE offering of Series C Convertible Preferred Stock and warrants.

Revenue model
Product sales of CitroTech fire retardant fluid, installation and activation of CitroSafe integrated sprinkler systems, and recurring annual inspection fees with product replacement approximately every three years per system protocol. Deferred revenue is carried on the balance sheet, indicating contracted future service obligations.
Products and services
CitroTech fire retardant formulation (EPA Safer Choice-recognized); CitroSafe self-contained, remotely activated wildfire defense sprinkler systems with GPS tracking and AI-based ember detection; ground-application long-term fire retardants for prevention treatments along roadsides, power line corridors, railroad rights-of-way, and residential perimeters; branded retail channel Wildfire Depot.
Customers and end markets
Residential and commercial property owners in wildfire-risk regions; critical infrastructure operators including utilities and railroads; insurance carriers requiring auditable property protection records. End markets include wildfire prevention, active wildfire response, and fire-protected building materials.
Value-chain role
Formulator and system integrator: develops proprietary fire retardant chemistry, manufactures or contracts manufacture of the chemical product, designs and installs integrated GPS-networked sprinkler infrastructure, and provides ongoing inspection and maintenance services. Dependent on third-party suppliers for components and EPA-approved manufacturing compliance.
Geographic exposure
Primarily United States, with trademark registration activity extending to additional international jurisdictions as of the 10-K filed March 30, 2026. No specific international revenue figures disclosed in the filing excerpts.

Source: SEC 10-K, filed 2026-03-30

Industry: Chemicals & Allied Products Peers: AI Financial Corp AuraSource, Inc. NUGL, INC. Greenwave Technology Solutions Inc Strategic Environmental & Energy Resources Inc Waste Management Inc

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