$68.25M
Revenue
$-1.35M
Net Income
26.40%
Gross Margin
-
Op. Margin
$5.42M
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 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Total Revenue | $68.25M | $68.25M | $73.29M | $73.11M | $98.82M | $77.17M |
| Revenue Growth % | 0.0% | -6.9% | 0.2% | -26.0% | 28.1% | nan% |
| Cost of Revenue | $50.23M | $50.23M | $52.07M | $54.92M | $77.69M | $55.22M |
| Gross Profit | $18.02M | $18.02M | $21.22M | $18.20M | $21.13M | $21.95M |
| Gross Margin % | 26.4% | 26.4% | 29.0% | 24.9% | 21.4% | 28.4% |
| Operating Expenses | $70.76M | $70.76M | $69.91M | $73.93M | $100.39M | $86.21M |
| Selling General & Admin | $13.19M | $13.19M | $11.76M | $12.89M | $13.19M | $17.32M |
| Interest Expense | - | $294.00K | $300.00K | $509.00K | $770.00K | $888.00K |
| Other Income/Expense | $-66.00K | $-66.00K | $22.00K | $-176.00K | $-185.00K | $1.22M |
| Income Before Tax | $-1.30M | $-1.30M | $5.08M | $369.00K | $-927.00K | $-6.99M |
| Income Tax Expense | $54.00K | $54.00K | $485.00K | $244.00K | $265.00K | $808.00K |
| Net Income | $-1.35M | $-1.35M | $4.60M | $125.00K | $-3.19M | $-7.80M |
| Net Margin % | -2.0% | -2.0% | 6.3% | 0.2% | -3.2% | -10.1% |
| Basic EPS | nan | -0.07 | 0.25 | 0.01 | -0.17 | -0.45 |
| Diluted EPS | nan | nan | nan | 0.01 | -0.17 | -0.45 |
| Basic Shares Outstanding | - | 18.6M | 18.6M | - | 18.3M | 17.5M |
| Diluted Shares Outstanding | - | 18.6M | 18.6M | - | 18.3M | 17.5M |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $7.46M | $8.99M | $5.37M | $11.45M | $2.06M |
| Accounts Receivable | $3.13M | $6.24M | $7.75M | $16.33M | $10.32M |
| Inventory | $342.00K | $345.00K | $169.00K | $205.00K | $386.00K |
| Other Current Assets | $177.00K | $151.00K | $1.68M | $2.19M | $2.76M |
| Total Current Assets | $12.91M | $17.47M | $14.97M | $32.22M | $15.53M |
| Property Plant & Equipment | $52.95M | $51.73M | $49.48M | $47.67M | - |
| Goodwill | $4.31M | $4.31M | $4.31M | $4.31M | $4.45M |
| Total Assets | $83.11M | $85.58M | $81.30M | $96.58M | $87.34M |
| Accounts Payable | $4.75M | $5.67M | $1.52M | $4.47M | $5.56M |
| Short-term Debt | $1.93M | $2.01M | - | - | - |
| Accrued Liabilities | $2.86M | $3.57M | $8.36M | $19.64M | $7.61M |
| Deferred Revenue | $127.00K | $294.00K | - | - | - |
| Total Current Liabilities | $9.96M | $11.63M | $11.72M | $27.53M | $15.63M |
| Long-term Debt | $7.89M | $6.85M | - | $8.65M | $7.75M |
| Other Non-current Liabilities | - | - | - | $348.00K | $69.00K |
| Total Liabilities | $16.44M | $18.58M | $19.49M | $36.71M | $26.28M |
| Common Stock | $19.00K | $19.00K | $19.00K | $19.00K | $18.00K |
| Retained Earnings | $-37.00M | $-35.65M | $-40.25M | $-40.37M | $-37.19M |
| Total Stockholders Equity | $66.67M | $67.01M | $61.81M | $59.87M | $61.06M |
| Total Liabilities & Equity | $83.11M | $85.58M | $81.30M | $96.58M | $87.34M |
| 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 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Net Income | $-2.95M | $-1.35M | $4.60M | $125.00K | $-3.19M | $-7.80M |
| Depreciation & Amortization | $12.94M | $7.34M | $7.15M | $7.88M | $8.66M | $9.06M |
| Stock-based Compensation | $1.34M | $447.00K | $1.17M | $2.08M | $2.35M | $3.23M |
| Deferred Income Tax | - | - | - | - | - | - |
| Change in Receivables | $-6.08M | $-2.79M | $-1.39M | $-4.02M | $7.01M | $4.48M |
| Change in Inventory | - | - | - | $-36.00K | $-73.00K | $135.00K |
| Operating Cash Flow | $15.17M | $8.60M | $13.69M | $6.71M | $14.70M | $4.91M |
| Capital Expenditure | $9.75M | $8.14M | $9.15M | $10.25M | $3.93M | $7.81M |
| Investing Cash Flow | $-8.89M | $-7.70M | $-8.12M | $-8.91M | $-1.92M | $-7.52M |
| Financing Cash Flow | $-4.59M | $-2.45M | $-1.91M | $-3.88M | $-2.25M | $3.01M |
| Net Change in Cash | $1.72M | $-1.53M | $3.61M | $-6.08M | $10.54M | $246.00K |
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 | $20.32M | - | $54.97M | - |
| Cost of Revenue | $14.72M | - | $40.23M | - |
| Operating Expenses | $19.53M | - | $56.71M | - |
| Selling General & Admin | $2.78M | - | $10.85M | - |
| Other Income/Expense | $-35.00K | - | $-71.00K | - |
| Income Before Tax | $1.12M | - | $-982.00K | - |
| Income Tax Expense | $1.00K | - | $110.00K | - |
| Net Income | $1.12M | $27.00K | $-1.09M | - |
| Basic EPS | 0.06 | - | -0.06 | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $10.30M | $8.99M |
| Accounts Receivable | $6.90M | $6.24M |
| Inventory | $244.00K | $345.00K |
| Other Current Assets | $1.94M | $1.90M |
| Total Current Assets | $19.39M | $17.47M |
| Property Plant & Equipment | $50.96M | $51.73M |
| Goodwill | $4.31M | $4.31M |
| Total Assets | $87.14M | $85.58M |
| Accounts Payable | $7.60M | $5.67M |
| Accrued Liabilities | $3.33M | $3.57M |
| Total Current Liabilities | $13.64M | $11.63M |
| Total Liabilities | $20.44M | $18.58M |
| Common Stock | $19.00K | $19.00K |
| Retained Earnings | $-36.74M | $-35.65M |
| Total Stockholders Equity | $66.69M | $67.01M |
| Total Liabilities & Equity | $87.14M | $85.58M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $1.12M | $27.00K | $-1.09M | - |
| Depreciation & Amortization | $1.84M | - | $5.57M | - |
| Stock-based Compensation | - | - | $447.00K | - |
| Change in Receivables | - | - | $976.00K | - |
| Operating Cash Flow | - | - | $7.93M | - |
| Capital Expenditure | - | - | $5.00M | - |
| Investing Cash Flow | - | - | $-4.79M | - |
| Financing Cash Flow | - | - | $-1.84M | - |
| Net Change in Cash | - | - | $1.32M | - |
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.