Newton Golf Company Inc (OTC: NWTG) is a golf equipment company that designs, manufactures, and sells premium golf shafts. Revenue comes from transactional sales of golf shafts through direct-to-consumer websites and the professional club fitting channel. The company manufactures at a single facility in St. Joseph, Missouri, which management estimates can support production of up to approximately 200,000 shafts annually with incremental improvements (per 10-K filed 2026-03-31). Core products include the Newton Motion driver shaft, Newton Motion fairway wood shaft, and the Fast Motion driver shaft launched during FY2025. Newton shafts are sold as discretionary recreational goods, making demand sensitive to consumer confidence and general economic conditions. As of December 31, 2025, the company held approximately $1.3 million in cash, was burning cash from operations ($5.2 million net cash used in FY2025), and disclosed going-concern uncertainty dependent on additional debt or equity financing.

Revenue model

Transactional product sales of golf shafts through direct-to-consumer websites and professional club fitter channels. No subscription or licensing revenue model disclosed in the filing.

Products and services

Newton Motion driver shaft (launched November 2023), Newton Motion fairway wood shaft (launched April 2024), Fast Motion driver shaft (launched FY2025), with planned additions including Fast Motion fairway wood shaft, Fast Motion hybrid shaft, and Motion hybrid shaft. The company also holds a perpetual, worldwide, royalty-free exclusive license to Ultra-Low Balance Point technology from Parcks Designs, LLC, and owns IP relating to the Quad Weighted Lightweight Putter design.

Customers and end markets

End consumers purchasing recreational golf equipment and professional club fitters. Products are discretionary purchases, with demand tied to consumer confidence, disposable income, and general economic conditions.

Value-chain role

Vertically integrated shaft manufacturer: designs, manufactures at its own St. Joseph, Missouri facility (approximately $3,900 per month lease as of filing), and sells direct-to-consumer via websites and through professional fitting channel. Some gray-market distribution risk acknowledged in the filing.

Geographic exposure

Primary manufacturing in St. Joseph, Missouri. IP protections filed in multiple jurisdictions including the U.S., Australia, Canada, China, Europe, Japan, South Korea, and South Africa. No specific international revenue breakdown disclosed in the filing excerpts.

Source: SEC 10-K, filed 2026-03-31

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