Phunware Inc
phunware.comWhat Do They Do?
Builds mobile app software and services for companies, especially hospitality and healthcare operators, and sells in-app advertising to businesses and agencies.
10-K for FY2025, filed Mar 27, 2026Phunware, Inc. (the "Company," "Phunware," "we," "us" or "our") is a technology company specializing in mobile application (app) software…View ↗
A cloud-based application framework vertical solution license for iOS and Android-based mobile experiences, enabling customers to deploy…View ↗
We also provide in-application advertising services by charging advertisers to deliver advertisements (ads) to users of mobile connected…View ↗
How Do They Make Money?
Customers pay recurring software-license and support fees, usually billed annually in advance; custom app development is billed in advance or partly on completion. Advertisers pay for ads delivered, often by impressions or user actions.
10-K for FY2025, filed Mar 27, 2026Subscription revenue from vertical solution and SDK licenses gives the customer the right to access our platform. In accordance with ASC…View ↗
Application development revenue is derived from development services related to the design and build of new applications or enhancing…View ↗
We also provide in-application advertising services by charging advertisers to deliver advertisements (ads) to users of mobile connected…View ↗
-
10-K for FY2025, filed Mar 27, 2026
FY2025 revenue by product or service ↗
$2.6M
-
10-K for FY2025, filed Mar 27, 2026
$2.6M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Software Subscriptions and Services
Mix
10-K for FY2025, filed Mar 27, 2026 |
89% |
Software Subscriptions and Services, FY2025
$2.3M Sources
|
Mix |
|
Advertising
Usage-based
10-K for FY2025, filed Mar 27, 2026 |
11% |
Advertising, FY2025
$282K Sources
|
Usage-based |
Who Are Their Customers?
Hospitality and healthcare companies and other organizations buy software subscriptions and services directly or through resellers and systems integrators; businesses and agencies buy advertising directly.
10-K for FY2025, filed Mar 27, 2026A cloud-based application framework vertical solution license for iOS and Android-based mobile experiences, enabling customers to deploy…View ↗
Our product and service offerings primarily include cloud-based recurring software license subscriptions, most of which are multi-year…View ↗
Our sales force is focused on direct sales opportunities for our software subscription and services and advertising product lines. They are…View ↗
We market our advertising product line direct to businesses and agencies. We are also hoping to expand our media offerings by attracting…View ↗
10-K for FY2025, filed Mar 27, 2026
Year ended December 31, 2025 2024 Customer B 12 % 0 % Customer C 24 % 15 % Customer F 0 % 10 %View ↗
Do Revenues Turn Into Profits?
No. It lost $11.4M in FY2025.
10-K for FY2025, filed Mar 27, 2026
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Aug 10, 2026
−$5.2MView ↗
- ▲ +67% (Loss)
- vs −$3.1M in Q2 FY2025
10-Q for Q2 FY2026, filed Aug 10, 2026
Open tableView ↗
-
May 18, 2026
Appointed Dmitry Kroshka as chief executive
Dmitry Kroshka became CEO, and interim CEO Jeremy Krol returned to his chief operating officer role.
Sources
8-K, filed May 18, 2026
On May 12, 2026, in connection with the appointment of Dmitry Kroshka as Chief Executive Officer of the Company, the Company and Mr.…View ↗
Shrinking. Revenue fell 76% in 4 years, from $10.6M in FY2021 to $2.6M in FY2025, about 30% a year.
PhunToken sales
The earlier report described PhunToken sales; the latest says PhunToken has not been sold since.
10-K for FY2022, filed Mar 31, 2023 10-K for FY2025, filed Mar 27, 2026Phunware, Inc. and its subsidiaries (the “Company”, "we", "us", or "our") offers a fully integrated software platform that equips companies…View ↗
PhunToken. During 2021, we announced the commencement of the selling of PhunToken to consumers, developers and brands. PhunToken is an…View ↗
Who Do They Compete With?
Competes with Airship, Apadmi, Mutual Mobile, Pointr, and Purple
10-K for FY2025, filed Mar 27, 2026We compete primarily with companies offering cloud-based software solutions for location-based services, mobile marketing automation…View ↗
Loading...
