T3 Defense Inc.

T3 Defense Inc.

DFNS
T3 Defense Inc.US flagNASDAQ Global Market
0.33
USD
-0.04
- -
9.71MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
0.39
0.75
0.66
0.67
0.67
0.6
2.2
16.91
- -
- -
0.26
Basic EPS, GAAP
- -
- -
- -
-0.01
- -
-0.01
-0.03
- -
-0.03
-1.21
-13.84
-4.93
9.39
-3.72
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
0.04
0.17
-1.01
-2.21
-0.74
-0.72
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.02
Book Value per Share
- -
- -
- -
-0.01
-0.02
-0.02
-0.05
-0.05
-0.08
-1.47
-25.23
-23.31
-14.65
-10.81
Tangible Book Value per Share
- -
- -
- -
-0.01
-0.01
-0.02
-0.04
-0.05
-0.05
0.29
-4.94
-4.12
16.99
7.54
Basic Weighted Avg Shares
- -
21
21
25
32
29
29
29
32
10
1
2
8
14
Sales/Revenue/Turnover
- -
- -
- -
10
24
19
19
19
19
22
21
- -
- -
4
Operating Margin (%)
- -
-48.82
-139.14
-2.6
-0.47
-0.92
-3.73
-0.59
-4.83
-31.75
-20.51
- -
- -
-836.57
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
3
2
- -
- -
- -
Net Income, GAAP
- -
- -
- -
- -
- -
- -
-1
- -
-1
-12
-17
-9
79
-52
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.01
- -
Profit Margin (%)
- -
-48.82
-139.14
-2.68
-0.57
-1.11
-3.8
-0.52
-4.86
-55.06
-81.83
- -
- -
-1,411.34
Working Capital
- -
- -
- -
1
1
- -
-1
-1
-2
-4
-6
-6
-30
-69
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
1
6
Total Equity
- -
- -
- -
- -
- -
-1
-1
-1
9
11
-6
-7
157
217
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-36.12
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
765.97
62.3
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
2
1
13
LT Borrowings
- -
1
3
LT Finance Leases
- -
- -
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11
19
38
Market Capitalization
37
25
10

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
13
14
23
Cash, Cash Equivalents & STI
8
4
11
Accounts Receivable, Net
- -
1
4
Inventories
- -
- -
- -
Total Current Liabilities
44
44
92
Payables & Accruals
1
3
3
ST Debt
2
1
13
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-198.08%
-639.03%
-2,314.8%
Free Cash Flow
- -
397.83%
63.15%
Net Income, GAAP
161.16%
194%
-1,022.04%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
4
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-6.76
-1.38
-0.9
- -
-4.93
2025
- -
20.76
0.58
-2.01
9.39
2026
-0.96
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
0.01
- -
- -
- -
- -

Company Description

APIChat
CEO
Menachem Shalom
Full Time Employees
15
Sector
Industrials
Industry
Aerospace & Defense
Address
575 Fifth Ave New York NY United States of America 10017
IPO Date
Jul 22, 2020
Website
t3dfns.com
Business
LGL Systems Acquisition Corp. (NYSE: DFNS) is a blank check company whose principal business activity involves pursuing a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities; it focuses its search primarily on the defense, aerospace, and communications industries and conducts no significant operations or generates revenues prior to completing a business combination. The company, formerly known as MTRON Systems Acquisition Corp., offers no specific products or services beyond its SPAC structure for facilitating such transactions. Incorporated in 2019 and headquartered in Reno, Nevada, LGL Systems Acquisition operates principally in the United States with a target emphasis on domestic and international defense-related opportunities. In August 2021, the company completed a reverse merger business combination with IronNet Cybersecurity, Inc., pursuant to which LGL Systems Acquisition changed its name to IronNet, Inc. and shifted its ticker symbols from DFNS and DFNS.WS to IRNT and IRNT.WS on the New York Stock Exchange, though the DFNS designation persists in certain trading contexts as of late 2025. No further acquisitions, product launches, funding rounds, partnerships, or major strategic shifts have been publicly announced since the IronNet transaction, with the entity maintaining its SPAC-related activities and structure amid ongoing market presence evidenced by recent stock pricing around $12.85 per share.

Company News

APIChat
  • T3 Defense to Participate in the Noble Capital Markets Virtual Equity Conference on June 3-4

  • T3 Defense Subsidiary Nimbus Drones Technologies Establishes UAV Laboratory

  • T3 Defense Subsidiary Tiltan Secures $1.3 Million Order for Advanced Simulation Solution Across Large-Scale Israeli Defense UAS Program

  • T3 Defense CEO Converts $2.14 Million of Debt into Equity, Reducing Outstanding Debt and Strengthening Balance Sheet

  • Stock Of This Iron Dome Supplier Slips In Pre-Market Trading: Here's Why

  • T3 Defense Announces Unaudited Preliminary Key Financial and Operational Metrics for Q1 2026, Its First Reporting Quarter as a Defense-Focused Holding Company

  • T3 Defense Reports Increased Commercial Activity Across Subsidiaries, Reflecting Rising Demand for Defense Technologies

  • T3 Defense to Participate in the Roth Annual Growth Conference Scheduled for March 23–24 in CA

  • T3 Defense Inc. Announces Private Placement of up to $20 Million to Accelerate Acquisition Strategy

  • T3 Defense Brings in Former Rafael and Avnon Leadership to Lead Business Operations

  • T3 Defense Secures Majority Ownership of ITS Engineering

  • DFNS Stock: 26.85% Increase Explanation

  • LGL Systems Acquisition Corp. Announces Stockholder Approval for and Closing of Business Combination with IronNet Cybersecurity, Inc.

  • IronNet Expands Collective Defense in Singapore to Defend Against Cyberattacks

  • Sidoti Augments Its SPAC and "De-SPAC" Equity Research Universe

  • IronNet and Dragos Launch Joint Initiative to Provide Integrated Cybersecurity Protection for Critical Infrastructure

  • IronNet Cybersecurity Named to Carahsoft ITES-SW2 Contract to Support U.S. Army Enterprise Infrastructure Goals

  • IronNet: Cybersecurity With Network Effects

  • IronNet Cybersecurity, the Leader in Collective Defense and Network Detection and Response (NDR), to Be Listed on NYSE Through a Merger With LGL Systems Acquisition Corp.

  • The LGL Group Reports Second Quarter 2020 Results