IPNFF (ImagineAR) Scaled Net Operating Assets: -5.74 (As of Feb. 2026)


What is ImagineAR Scaled Net Operating Assets?

ImagineAR IPNFF Scaled Net Operating Assets is -5.74 as of Feb. 2026. The stock has 3 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

ImagineAR's operating assets for the quarter that ended in Feb. 2026 was $0.11 Mil. ImagineAR's operating liabilities for the quarter that ended in Feb. 2026 was $2.32 Mil. ImagineAR's Total Assets for the quarter that ended in Nov. 2025 was $0.39 Mil. Therefore, ImagineAR's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was -5.74.

ImagineAR Scaled Net Operating Assets Historical Data

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The historical data trend for ImagineAR's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ImagineAR Scaled Net Operating Assets Chart

ImagineAR Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.07 -0.09 -1.38 -7.58 -13.95

ImagineAR Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.65 -3.34 -5.79 -6.76 -5.74

IPNFF vs MSFT, ORCL, PLTR: Scaled Net Operating Assets Comparison

For the Software - Infrastructure subindustry, ImagineAR's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ImagineAR Scaled Net Operating Assets vs Software Industry

For the Software industry and Technology sector, ImagineAR's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where ImagineAR's Scaled Net Operating Assets falls into.


ImagineAR Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

ImagineAR's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2025 )
=(Operating Assets (A: Aug. 2025 )-Operating Liabilities (A: Aug. 2025 ))/Total Assets (A: Aug. 2024 )
=(0.225-1.787)/0.112
=-13.95

where

Operating Assets(A: Aug. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.311 - 0.086
=0.225

Operating Liabilities(A: Aug. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.038 - 0.251 - 0
=1.787

ImagineAR's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2026 )
=(Operating Assets (Q: Feb. 2026 )-Operating Liabilities (Q: Feb. 2026 ))/Total Assets (Q: Nov. 2025 )
=(0.11-2.32)/0.385
=-5.74

where

Operating Assets(Q: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=0.15 - 0.04
=0.11

Operating Liabilities(Q: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2.595 - 0.275 - 0
=2.32

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of -5.74 mean?
ImagineAR (IPNFF) has a Scaled Net Operating Assets of -5.74 as of Feb. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on ImagineAR and its competitors.
Is ImagineAR's Scaled Net Operating Assets too high?
ImagineAR's current Scaled Net Operating Assets is -5.74.
How does ImagineAR's Scaled Net Operating Assets compare to MSFT and ORCL?
ImagineAR's Scaled Net Operating Assets of -5.74 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Software company?
A good Scaled Net Operating Assets depends on the Software industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on ImagineAR and its competitors. ImagineAR's current Scaled Net Operating Assets is -5.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ImagineAR stock overvalued right now?
ImagineAR (IPNFF) has a current Scaled Net Operating Assets of -5.74. The current Scaled Net Operating Assets is -5.74. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For ImagineAR (IPNFF), the current Scaled Net Operating Assets is -5.74 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

ImagineAR Business Description

Other Exchanges GMS1:GermanyIP:Canada
Address 3411 Peach Street, Suite 230, Erie, PA, USA, 16508
ImagineAR Inc provides a mobile platform for companies to develop & implement Mobile Augmented Reality experiences instantly with no programming or technology experience. Its platform enables users to point their mobile device at logos, signs, buildings, products, landmarks, and instantly engage with videos, information, advertisements, coupons, 3D holograms, and any other interactive content hosted in the cloud. Its products include ImagineAR Mobile App, ImagineAR Cloud, and ImagineAR SDK/API, among others. The Company operates in one reportable segment, comprised of data services, and revenue is earned from two regions: Canada and the United States.