$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) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $14.57M | $11.08M | $9.48M | $7.28M | $7.59M | $6.15M | $6.13M |
| Revenue Growth % (YoY) | 92.0% | 80.1% | 54.7% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $4.59M | $4.03M | $4.00M | $3.58M | $3.55M | $3.16M | $3.05M |
| Gross Profit | $9.98M | $7.05M | $5.48M | $3.70M | $4.04M | $3.00M | $3.07M |
| Gross Margin % | 68.5% | 63.6% | 57.8% | 50.8% | 53.3% | 48.7% | 50.2% |
| Operating Expenses | $895.75K | $4.45M | $2.96M | $2.30M | $1.29M | $1.56M | $977.83K |
| Operating Income | $9.09M | $2.59M | $2.52M | $1.40M | $2.75M | $1.44M | $2.10M |
| Operating Margin % | 62.4% | 23.4% | 26.6% | 19.3% | 36.2% | 23.4% | 34.2% |
| Interest Expense | - | - | - | - | - | $37.13K | $25.60K |
| 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 |
| Net Income | $9.36M | $2.97M | $2.77M | $1.61M | $2.56M | $1.99M | $2.13M |
| Net Margin % | 64.3% | 26.8% | 29.2% | 22.1% | 33.7% | 32.3% | 34.9% |
| Basic EPS | nan | 0.20 | 0.20 | 0.12 | 0.22 | nan | nan |
| Diluted EPS | nan | 0.20 | 0.20 | 0.12 | 0.22 | nan | nan |
| Basic Shares Outstanding | 366K | 14.7M | 14.0M | 13.7M | 205K | 13.1M | 12.8M |
| Diluted Shares Outstanding | 417K | 14.9M | 14.1M | 13.7M | 185K | 13.3M | 13.0M |
| 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) |
|---|---|---|---|---|---|---|---|
| Inventory | $965.11K | $846.56K | $1.12M | $1.17M | $899.92K | $971.51K | $766.61K |
| Other Current Assets | $799.26K | $817.52K | $366.14K | $337.45K | $378.47K | $405.27K | $172.04K |
| Total Current Assets | $51.35M | $35.00M | $17.19M | $12.73M | $11.74M | $14.44M | $10.60M |
| Property Plant & Equipment | $19.50M | $17.65M | $16.29M | $15.87M | $12.90M | $11.57M | $10.49M |
| Total Assets | $116.24M | $83.11M | $57.70M | $48.07M | $44.02M | $40.83M | $32.19M |
| Total Current Liabilities | $3.68M | $4.10M | $3.36M | $2.91M | $2.28M | $2.61M | $1.76M |
| Long-term Debt | $2.33M | - | - | - | - | - | - |
| Deferred Tax Liabilities | $91.70K | - | - | - | - | - | - |
| Total Liabilities | $5.40M | $6.17M | $5.70M | $5.56M | $3.61M | $5.03M | $4.05M |
| Common Stock | $99.83M | $75.29M | $53.30M | $46.55M | $46.06M | $43.93M | $38.26M |
| Retained Earnings | $8.34M | $-1.02M | $-4.00M | $-6.76M | $-8.37M | $10.88M | $-12.88M |
| Total Stockholders Equity | $108.17M | $74.26M | $49.30M | $39.79M | $37.69M | $33.05M | $25.38M |
| Total Liabilities & Equity | $116.24M | $83.11M | $57.70M | $48.07M | $44.02M | $40.83M | $32.19M |
| 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) |
|---|---|---|---|---|---|---|---|
| Net Income | $9.36M | $2.97M | $4.38M | $1.61M | $2.56M | $1.99M | $4.29M |
| Depreciation & Amortization | $643.67K | $603.07K | $1.09M | $549.62K | $510.16K | $1.44M | $455.93K |
| Stock-based Compensation | $257.48K | $1.25M | $990.29K | $495.15K | - | - | - |
| Change in Receivables | $-768.13K | - | $1.06M | $254.69K | $524.64K | $15.18K | $477.65K |
| Change in Inventory | $118.55K | $-53.36K | $221.07K | $271.67K | $-71.58K | $94.83K | $-110.07K |
| Operating Cash Flow | $10.75M | $8.36M | $5.95M | $2.41M | $2.73M | $8.10M | $5.21M |
| Capital Expenditure | $2.58M | $4.13M | $2.44M | $1.41M | $1.03M | $1.19M | $583.84K |
| Investing Cash Flow | $-28.67M | $-32.79M | $-10.31M | $-1.99M | $-10.98M | $-9.78M | $-8.21M |
| Stock Issued | $24.20M | $27.82M | $6.25M | - | $1.69M | $7.43M | $2.16M |
| Financing Cash Flow | $24.03M | $27.11M | $5.70M | $-217.24K | $958.35K | $7.78M | $2.52M |
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.