$42.41M
Revenue
$16.72M
Net Income
61.80%
Gross Margin
36.79%
Op. Margin
$16.90M
Free Cash Flow
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $14.57M | $11.08M | $9.48M | $7.28M | $7.59M | $6.15M | $6.13M | $5.90M | $3.78M | $3.30M | $3.24M | $3.34M | $3.43M | $1.75M |
| Revenue Growth % (YoY) | 92.0% | 80.1% | 54.7% | 23.4% | 100.9% | 86.4% | 89.3% | 76.5% | 10.1% | 89.2% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $4.59M | $4.03M | $4.00M | $3.58M | $3.55M | $3.16M | $3.05M | $3.06M | $2.58M | $2.20M | $2.44M | $2.48M | $1.96M | $1.97M |
| Gross Profit | $9.98M | $7.05M | $5.48M | $3.70M | $4.04M | $3.00M | $3.07M | $2.84M | $1.20M | $1.11M | $793.58K | $865.60K | $1.47M | $-228.76K |
| Gross Margin % | 68.5% | 63.6% | 57.8% | 50.8% | 53.3% | 48.7% | 50.2% | 48.1% | 31.8% | 33.5% | 24.5% | 25.9% | 42.8% | -13.1% |
| Operating Expenses | $895.75K | $4.45M | $2.96M | $2.30M | $1.29M | $1.56M | $977.83K | $696.26K | $904.02K | $692.47K | $503.60K | $852.58K | $860.39K | $1.66M |
| Operating Income | $9.09M | $2.59M | $2.52M | $1.40M | $2.75M | $1.44M | $2.10M | $2.14M | $295.90K | $413.46K | $289.99K | $13.02K | $608.69K | $-1.89M |
| Operating Margin % | 62.4% | 23.4% | 26.6% | 19.3% | 36.2% | 23.4% | 34.2% | 36.3% | 7.8% | 12.5% | 9.0% | 0.4% | 17.7% | -108.2% |
| Interest Expense | - | - | - | - | - | $37.13K | $25.60K | $20.57K | $-8.80K | - | - | - | - | - |
| Interest Income | - | $363.15K | $-220.41K | $-185.40K | - | - | - | - | - | - | - | - | - | - |
| Other Income/Expense | $676.28K | $366.37K | $-223.10K | $-190.60K | $275.30K | $-549.97K | $-39.33K | $-13.84K | $-33.56K | - | - | - | - | - |
| Net Income | $9.36M | $2.97M | $2.77M | $1.61M | $2.56M | $1.99M | $2.13M | $2.16M | $329.46K | $403.98K | $295.82K | $44.19K | $603.65K | $-1.91M |
| Net Margin % | 64.3% | 26.8% | 29.2% | 22.1% | 33.7% | 32.3% | 34.9% | 36.5% | 8.7% | 12.2% | 9.1% | 1.3% | 17.6% | -109.4% |
| Basic EPS | nan | 0.20 | 0.20 | 0.12 | 0.22 | nan | nan | nan | nan | nan | nan | nan | nan | nan |
| Diluted EPS | nan | 0.20 | 0.20 | 0.12 | 0.22 | nan | nan | nan | nan | nan | nan | nan | nan | nan |
| Basic Shares Outstanding | 366K | 14.7M | 14.0M | 13.7M | 205K | 13.1M | 12.8M | 12.5M | 16K | 12.3M | 12.3M | 12.2M | 106K | 12.0M |
| Diluted Shares Outstanding | 417K | 14.9M | 14.1M | 13.7M | 185K | 13.3M | 13.0M | 12.7M | 17K | - | - | - | - | - |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | - | - | - | - | - | - | - | $5.30M | $2.29M | $1.97M | $2.23M | $2.01M | $1.64M | $2.26M |
| Inventory | $965.11K | $846.56K | $1.12M | $1.17M | $899.92K | $971.51K | $766.61K | $796.84K | $876.68K | $701.49K | $655.29K | $545.64K | $618.31K | $607.92K |
| Other Current Assets | $799.26K | $817.52K | $366.14K | $337.45K | $378.47K | $405.27K | $172.04K | $209.82K | $236.84K | $333.46K | $121.62K | $180.17K | $192.03K | $255.88K |
| Total Current Assets | $51.35M | $35.00M | $17.19M | $12.73M | $11.74M | $14.44M | $10.60M | $7.54M | $4.45M | $4.14M | $3.86M | $4.10M | $3.36M | $3.55M |
| Property Plant & Equipment | $19.50M | $17.65M | $16.29M | $15.87M | $12.90M | $11.57M | $10.49M | $10.67M | $10.48M | $10.55M | $10.79M | $9.76M | $9.92M | $9.72M |
| Total Assets | $116.24M | $83.11M | $57.70M | $48.07M | $44.02M | $40.83M | $32.19M | $28.70M | $23.89M | $22.90M | $22.78M | $21.79M | $20.98M | $20.80M |
| Total Current Liabilities | $3.68M | $4.10M | $3.36M | $2.91M | $2.28M | $2.61M | $1.76M | $1.85M | $1.73M | $1.76M | $1.82M | $1.71M | $1.63M | $1.92M |
| Long-term Debt | $2.33M | - | - | - | - | - | - | - | - | $1.51M | $1.74M | $1.13M | - | $1.29M |
| Deferred Tax Liabilities | $91.70K | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $5.40M | $6.17M | $5.70M | $5.56M | $3.61M | $5.03M | $4.05M | $4.31M | $3.35M | $3.54M | $3.83M | $3.15M | $3.27M | $3.70M |
| Common Stock | $99.83M | $75.29M | $53.30M | $46.55M | $46.06M | $43.93M | $38.26M | $36.66M | $34.96M | $34.12M | $34.12M | $34.12M | $33.25M | $33.25M |
| Retained Earnings | $8.34M | $-1.02M | $-4.00M | $-6.76M | $-8.37M | $10.88M | $-12.88M | $-15.04M | $-17.21M | $-17.56M | $-17.98M | $-18.31M | $-18.37M | $-19.00M |
| Total Stockholders Equity | $108.17M | $74.26M | $49.30M | $39.79M | $37.69M | $33.05M | $25.38M | $21.63M | $17.75M | $16.56M | $16.14M | $15.82M | $14.88M | $14.24M |
| Total Liabilities & Equity | $116.24M | $83.11M | $57.70M | $48.07M | $44.02M | $40.83M | $32.19M | $28.70M | $23.89M | $22.90M | $22.78M | $21.79M | $20.98M | $20.80M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $9.36M | $2.97M | $4.38M | $1.61M | $2.56M | $1.99M | $4.29M | $2.16M | $329.46K | $743.99K | $295.82K | $44.19K | $603.65K | $-1.91M |
| Depreciation & Amortization | $643.67K | $603.07K | $1.09M | $549.62K | $510.16K | $1.44M | $455.93K | $501.79K | $432.18K | $363.44K | $671.08K | $328.04K | $266.14K | $717.94K |
| Stock-based Compensation | $257.48K | $1.25M | $990.29K | $495.15K | - | - | - | - | - | - | - | - | - | $547.27K |
| Change in Receivables | $-768.13K | - | $1.06M | $254.69K | $524.64K | $15.18K | $477.65K | $199.61K | $346.48K | $-217.61K | $69.71K | $-432.39K | $481.24K | $20.57K |
| Change in Inventory | $118.55K | $-53.36K | $221.07K | $271.67K | $-71.58K | $94.83K | $-110.07K | $-79.84K | $341.55K | $-83.18K | $-36.98K | $72.67K | $798.79K | $-394.20K |
| Operating Cash Flow | $10.75M | $8.36M | $5.95M | $2.41M | $2.73M | $8.10M | $5.21M | $2.58M | $760.94K | $1.34M | $1.14M | $160.76K | $190.06K | $-2.01M |
| Capital Expenditure | $2.58M | $4.13M | $2.44M | $1.41M | $1.03M | $1.19M | $583.84K | $322.60K | $696.13K | $76.11K | $76.11K | $42.61K | $1.35M | $96.00K |
| Investing Cash Flow | $-28.67M | $-32.79M | $-10.31M | $-1.99M | $-10.98M | $-9.78M | $-8.21M | $-1.00M | $-1.04M | $-1.07M | $-869.74K | $-416.12K | $-580.81K | $-1.79M |
| Stock Issued | $24.20M | $27.82M | $6.25M | - | $1.69M | $7.43M | $2.16M | $847.49K | $839.61K | $878.50K | $878.50K | $878.50K | - | $3.68M |
| Stock Repurchased | - | - | - | - | - | - | - | - | - | $11.10K | $11.10K | $11.10K | - | - |
| Financing Cash Flow | $24.03M | $27.11M | $5.70M | $-217.24K | $958.35K | $7.78M | $2.52M | $1.43M | $590.94K | $56.25K | $318.38K | $631.13K | $-226.91K | $4.07M |
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing
Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $11.08M | $6.15M | $27.84M | $18.18M |
| Cost of Revenue | $4.03M | $3.16M | $11.62M | $9.27M |
| Gross Profit | $7.05M | $3.00M | $16.22M | $8.91M |
| Operating Expenses | $4.45M | $1.56M | $9.71M | $3.23M |
| Operating Income | $2.59M | $1.44M | $6.51M | $5.68M |
| Interest Expense | - | $37.13K | - | $83.30K |
| Interest Income | $363.15K | $167.80K | $768.96K | $247.90K |
| Other Income/Expense | $366.37K | $131.97K | $780.07K | $185.14K |
| Net Income | $2.97M | $1.59M | $7.35M | $5.92M |
| Basic EPS | 0.20 | 0.12 | 0.52 | 0.46 |
| Diluted EPS | 0.20 | 0.12 | 0.51 | 0.45 |
| Basic Shares Outstanding | $14.68M | $13.11M | $14.12M | $12.82M |
| Diluted Shares Outstanding | $14.88M | $13.26M | $14.28M | $13.01M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Inventory | $846.56K | $899.92K |
| Other Current Assets | $817.52K | $378.47K |
| Total Current Assets | $35.00M | $11.74M |
| Property Plant & Equipment | $17.65M | $12.90M |
| Total Assets | $83.11M | $44.02M |
| Total Current Liabilities | $4.10M | $2.28M |
| Total Liabilities | $6.17M | $3.61M |
| Common Stock | $75.29M | $46.06M |
| Retained Earnings | $-1.02M | $-8.37M |
| Total Stockholders Equity | $74.26M | $37.69M |
| Total Liabilities & Equity | $83.11M | $44.02M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $2.97M | $1.59M | $7.35M | $5.92M |
| Depreciation & Amortization | $603.07K | $485.51K | $1.69M | $1.44M |
| Stock-based Compensation | - | - | $1.25M | - |
| Change in Receivables | - | - | - | $418.00K |
| Change in Inventory | - | - | $-53.36K | $94.83K |
| Operating Cash Flow | - | - | $8.36M | $7.69M |
| Capital Expenditure | - | - | $4.13M | $1.19M |
| Investing Cash Flow | - | - | $-32.79M | $-9.36M |
| Stock Issued | - | - | $27.82M | $7.43M |
| Financing Cash Flow | - | - | $27.11M | $7.78M |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.