$42.41M
Revenue
$16.72M
Net Income
61.80%
Gross Margin
36.79%
Op. Margin
$16.90M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $42.41M | $42.41M | $25.77M | $13.66M | $9.58M | - | - | $3.63M | $4.28M | $544.75K | $1.89M | $92.54K | $904.30K | $1.45M |
| Revenue Growth % | 0.0% | 64.6% | 88.7% | 42.6% | nan% | nan% | nan% | -15.2% | 686.0% | -71.2% | 1943.7% | -89.8% | -37.8% | nan% |
| Cost of Revenue | $16.20M | $16.20M | $12.81M | $9.69M | $8.03M | $5.61M | $5.38M | $4.36M | - | - | - | - | - | - |
| Gross Profit | $26.21M | $26.21M | $12.95M | $3.97M | $1.55M | $67.55K | $738.55K | $-726.88K | $1.19M | $69.22K | - | - | - | - |
| Gross Margin % | 61.8% | 61.8% | 50.3% | 29.0% | 16.2% | nan% | nan% | -20.0% | 27.8% | 12.7% | nan% | nan% | nan% | nan% |
| Operating Expenses | $10.60M | $10.60M | $4.52M | $2.95M | $4.11M | $1.06M | $1.42M | $-1.55M | $891.51K | $1.57M | $2.34M | $1.56M | $815.75K | $1.39M |
| Operating Income | $15.60M | $15.60M | $8.43M | $1.01M | $-2.55M | $-995.11K | $-686.02K | $824.44K | $297.51K | $-1.03M | $-444.07K | $-1.46M | $88.55K | $58.77K |
| Operating Margin % | 36.8% | 36.8% | 32.7% | 7.4% | -26.6% | nan% | nan% | 22.7% | 6.9% | -189.0% | -23.5% | -1581.0% | 9.8% | 4.0% |
| Interest Expense | - | - | $83.30K | $44.20K | $102.83K | $148.09K | $84.77K | $83.69K | $71.10K | $80.34K | $22.72K | $17.29K | $21.97K | - |
| Interest Income | - | - | - | - | - | $-1.70K | $-33.02K | $-27.51K | $-8.75K | $-12.44K | $-5.25K | $-1.86K | $382.00 | $921.00 |
| Other Income/Expense | $628.95K | $1.46M | $-327.84K | $-61.08K | $78.86K | $255.17K | $40.48K | $72.16K | - | $331.34K | $-161.98K | $-26.93K | $-824.42K | $18.55K |
| Income Before Tax | - | $17.06M | $8.75M | - | - | - | - | - | - | - | - | - | - | - |
| Income Tax Expense | - | $426.15K | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | $16.72M | $16.72M | $8.84M | $1.07M | $-2.63M | $-739.94K | $-726.51K | $752.28K | $-22.12K | $-1.36M | $-282.09K | $-1.44M | $-722.89K | $80.12K |
| Net Margin % | 39.4% | 39.4% | 34.3% | 7.9% | -27.5% | nan% | nan% | 20.7% | -0.5% | -249.8% | -14.9% | -1551.9% | -79.9% | 5.5% |
| Basic EPS | nan | 1.15 | 0.68 | 0.09 | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan |
| Diluted EPS | nan | 1.14 | 0.67 | 0.09 | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan |
| Basic Shares Outstanding | 366K | 14.5M | 13.0M | 12.3M | 11.8M | - | - | 120.0M | 107.1M | 95.0M | - | - | - | 45.0M |
| Diluted Shares Outstanding | 417K | 14.7M | 13.2M | 12.3M | 11.8M | - | 123.7M | 122.3M | 107.9M | 95.0M | - | - | - | - |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | - | - | $2.29M | $1.64M | $2.54M | $217.80K | $248.77K | $124.62K | $154.83K | $62.27K | $336.52K | $9.95K | $612.99K |
| Short-term Investments | - | - | - | - | - | - | - | - | - | - | - | $20.26K | $19.34K |
| Inventory | $965.11K | $899.92K | $876.68K | $618.31K | $402.54K | $225.15K | $183.07K | $245.15K | $184.32K | - | - | $19.47K | $18.41K |
| Other Current Assets | $799.26K | $378.47K | $236.84K | $192.03K | $224.06K | $2.41K | $103.22K | $102.36K | $43.55K | $40.35K | $22.50K | $13.16K | $55.44K |
| Total Current Assets | $51.35M | $11.74M | $4.45M | $3.36M | $3.44M | $910.11K | $761.78K | $784.61K | $529.75K | $204.70K | $590.04K | $75.36K | $882.18K |
| Property Plant & Equipment | $19.50M | $12.90M | $10.48M | $9.92M | $7.23M | $7.02M | $6.57M | $5.89M | $5.79M | $5.70M | $5.65M | $5.04M | $3.97M |
| Other Non-current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $116.24M | $44.02M | $23.89M | $20.98M | $14.67M | $10.85M | $10.64M | $9.38M | $8.86M | $7.82M | $6.81M | $5.82M | $6.10M |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - | $77.91K | $47.55K | $122.06K |
| Total Current Liabilities | $3.68M | $2.28M | $1.73M | $1.63M | $1.21M | $948.55K | $725.13K | $1.28M | $2.32M | $649.33K | $547.64K | $335.60K | $310.23K |
| Long-term Debt | $2.33M | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | $91.70K | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $5.40M | $3.61M | $3.35M | $3.27M | $3.40M | $2.20M | $1.49M | $2.53M | $3.71M | $2.01M | $860.33K | $723.54K | $685.61K |
| Common Stock | $99.83M | $46.06M | $34.96M | $33.25M | $20.99M | $17.68M | $17.49M | $15.99M | $14.29M | $13.59M | $13.44M | $10.44M | $10.42M |
| Retained Earnings | $8.34M | $-8.37M | $-17.21M | $-18.37M | $-12.67M | $-12.03M | $-11.42M | $-12.25M | $-12.29M | $-10.98M | $-10.74M | - | - |
| Total Stockholders Equity | $108.17M | $37.69M | $17.75M | $14.88M | $8.31M | $5.65M | $6.07M | $3.74M | $2.00M | $2.61M | $2.71M | $1.95M | $3.21M |
| Total Liabilities & Equity | $116.24M | $44.02M | $23.89M | $20.98M | $14.67M | $10.85M | $10.64M | $9.38M | $8.86M | $7.82M | $6.81M | $5.82M | $6.10M |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $18.32M | $16.72M | $8.84M | $1.07M | $-2.63M | $-739.94K | $-726.51K | $752.28K | $-22.12K | $-1.36M | $-282.09K | $-1.44M | $-722.89K | $80.12K |
| Depreciation & Amortization | $2.89M | $2.34M | $1.95M | $1.47M | $984.08K | $575.67K | $580.00K | $367.94K | $156.04K | $30.19K | $150.37K | $46.36K | $144.39K | $93.93K |
| Stock-based Compensation | $2.99M | $1.51M | - | - | $547.27K | - | $190.02K | $42.02K | $141.41K | $292.24K | $148.34K | $201.93K | $9.75K | $30.00K |
| Deferred Income Tax | - | $91.70K | - | - | - | - | - | - | - | - | - | - | - | - |
| Change in Receivables | $549.30K | $2.33M | $539.83K | $128.87K | $501.81K | - | - | - | - | $9.13K | $77.04K | $-81.17K | - | - |
| Change in Inventory | $557.93K | $65.19K | $23.24K | $258.37K | $404.59K | $-177.39K | $-42.08K | $42.21K | $-60.83K | $-184.32K | - | - | $1.05K | $2.03K |
| Change in Payables | - | - | - | - | - | - | - | $37.69K | $120.69K | $184.86K | $-25.16K | $37.71K | $-74.51K | $85.08K |
| Operating Cash Flow | $27.46M | $19.10M | $10.84M | $2.10M | $-1.82M | $-482.42K | $206.41K | $-1.42M | $337.62K | $-672.94K | $-117.31K | $-1.20M | $377.16K | $254.25K |
| Capital Expenditure | $10.56M | $6.71M | $2.22M | $772.25K | $1.44M | - | - | $-317.49K | $-144.46K | $-131.66K | $-133.26K | $-600.87K | $1.09M | $2.25M |
| Purchases of Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investing Cash Flow | $-73.76M | $-61.46M | $-20.76M | $-2.10M | $-2.37M | $-1.59M | $79.78K | $2.15M | $-176.79K | $-448.95K | $-316.72K | $-643.97K | $-1.90M | $-2.09M |
| Stock Issued | $58.27M | $52.03M | $9.12M | $1.72M | $3.68M | $2.91M | - | $1.21M | - | - | - | $1.49M | - | $5.00K |
| Stock Repurchased | - | - | - | $11.10K | - | - | - | - | - | - | - | - | - | - |
| Financing Cash Flow | $56.62M | $51.14M | $8.74M | $647.19K | $3.85M | $4.40M | $-317.16K | $-606.84K | $-191.04K | $1.21M | $159.77K | $1.55M | $922.94K | $2.10M |
| Net Change in Cash | - | - | - | - | - | $2.32M | $-30.97K | $124.15K | $-30.22K | $92.56K | $-274.25K | $-299.60K | $-603.04K | $255.67K |
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-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.