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Financial Snapshot

Revenue
TTM
$53.00K
Gross Margin
TTM
59.71%
Net Income
TTM
-$15.17M
Current Assets
2026 Q1
Current Liabilities
2026 Q1
Current Ratio
2026 Q1
22.2%
Total Assets
2026 Q1
Total Liabilities
2026 Q1
Book Value
2026 Q1
$23.01M
Cash
2026 Q1
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
-$5.135M

Stock Price

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Market Cap: $63.43 Million

About RMX Industries Inc

RMX Industries Inc (OTC: RMXI) is a technology company focused on securing and optimizing video data transmission. It develops and delivers video compression solutions built on proprietary platforms, including VAST (Video Adaptive Systems Technology) and CRISP, with a core product line of video encoder appliances and virtual management appliances designed for austere, industrial, and virtual environments. The technology was originally developed for defense and government operations where bandwidth and reliability constraints made video transmission difficult. RMX generated $0 in revenue for Q1 2026 and $26,200 for Q1 2025 (three months ended March 31, per 10-Q filed 2026-05-19), posting a net loss of $6,028,795 in Q1 2026. The company is pre-revenue as of Q1 2026, funds operations through debt and equity issuances, and carries a going concern qualification. Wholly-owned subsidiaries include EdWare LLC (Delaware) and RMX Industries Inc. (Texas). The company is incorporated in Nevada.

Revenue model
Transactional product sales of video encoder appliances and virtual management appliances. Revenue was $0 in Q1 2026 and $26,200 in Q1 2025 (three months ended March 31, per 10-Q filed 2026-05-19). Operations are funded primarily through notes payable and equity issuances, including an 18% unsecured promissory note private placement and a Regulation A offering that closed October 30, 2025, raising gross proceeds of $1,246,122.50 from 356,035 units sold.
Products and services
VAST (Video Adaptive Systems Technology) video compression platform; CRISP technology; video encoder appliances; virtual management appliances; resilient and secure internet communications technologies (ICTs) for high-quality, low-latency video streaming.
Customers and end markets
Defense and government operations are the stated origin market for the technology. The filing describes non-technical end users in austere and industrial environments as the target customer profile. No specific customer names, counts, or concentration data are disclosed in the excerpts.
Value-chain role
Technology developer and hardware/software product vendor. Conducts in-house research and development ($39,600 in R&D expense, Q1 2026; $78,288 in Q1 2025, per 10-Q filed 2026-05-19). Sells directly to end customers.
Geographic exposure
The filing does not disclose geographic revenue breakdown. The company is a Nevada corporation with subsidiaries in Delaware and Texas.

Source: SEC 10-Q, filed 2026-05-19

Industry: Services-Computer Programming, Data Processing, Etc.

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