$83.54M
Revenue
$321.00K
Net Income
19.55%
Gross Margin
2.42%
Op. Margin
$2.05M
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 | $83.54M | $83.55M | $83.80M | $80.52M | $81.18M | $70.38M |
| Revenue Growth % | -0.0% | -0.3% | 4.1% | -0.8% | 15.3% | nan% |
| Cost of Revenue | $67.21M | $67.21M | $66.57M | $66.73M | $67.22M | $56.83M |
| Gross Profit | $16.33M | $16.33M | $17.23M | $13.78M | $13.96M | $13.55M |
| Gross Margin % | 19.6% | 19.5% | 20.6% | 17.1% | 17.2% | 19.3% |
| Selling General & Admin | $10.51M | $10.50M | $10.25M | $10.23M | $10.13M | $9.88M |
| Operating Income | $2.02M | $2.02M | $3.08M | $-273.00K | $347.00K | $561.00K |
| Operating Margin % | 2.4% | 2.4% | 3.7% | -0.3% | 0.4% | 0.8% |
| Interest Expense | $3.56M | $1.99M | $2.18M | $2.10M | $1.46M | $1.16M |
| Other Income/Expense | - | - | $7.00K | $384.00K | $231.00K | $369.00K |
| Income Before Tax | $-18.00K | $-17.00K | $1.04M | $-1.99M | $-886.00K | $1.74M |
| Income Tax Expense | $81.00K | $82.00K | $90.00K | $57.00K | $94.00K | $89.00K |
| Net Income | $321.00K | $321.00K | $1.32M | $-1.77M | $-583.00K | $1.97M |
| Net Margin % | 0.4% | 0.4% | 1.6% | -2.2% | -0.7% | 2.8% |
| Basic EPS | nan | 0.08 | 0.34 | -0.46 | -0.15 | 0.51 |
| Diluted EPS | nan | nan | nan | nan | -0.15 | 0.50 |
| Basic Shares Outstanding | - | 3.9M | 3.9M | 3.9M | 3.9M | 3.9M |
| Diluted Shares Outstanding | - | - | - | - | 3.9M | 3.9M |
| 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 | $4.11M | $2.80M | $1.19M | $1.62M | $3.25M |
| Accounts Receivable | $9.82M | $8.60M | $9.50M | $11.13M | $9.93M |
| Inventory | $1.55M | $1.56M | $1.66M | $1.46M | $1.10M |
| Other Current Assets | $15.00K | $15.00K | $14.00K | $105.00K | $105.00K |
| Total Current Assets | $16.96M | $14.56M | $14.04M | $16.09M | $15.97M |
| Property Plant & Equipment | $53.98M | $55.58M | $56.63M | $56.80M | $53.34M |
| Other Non-current Assets | $28.00K | $33.00K | $36.00K | $36.00K | $36.00K |
| Total Assets | $87.38M | $86.19M | $87.97M | $89.75M | $78.04M |
| Accounts Payable | $7.98M | $7.12M | $9.66M | $10.99M | $10.16M |
| Deferred Revenue | $3.53M | $3.52M | $3.44M | $3.64M | $3.36M |
| Other Current Liabilities | $2.05M | $2.02M | $1.82M | $1.54M | $1.26M |
| Total Current Liabilities | $16.83M | $15.46M | $17.91M | $18.86M | $18.02M |
| Long-term Debt | $28.03M | $28.65M | $29.22M | $29.76M | $19.38M |
| Retained Earnings | $-20.89M | $-21.21M | $-22.53M | $-20.75M | $-20.17M |
| Total Stockholders Equity | $38.35M | $38.03M | $36.72M | $38.49M | $39.07M |
| Total Liabilities & Equity | $87.38M | $86.19M | $87.97M | $89.75M | $78.04M |
| 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 | $321.00K | $321.00K | $1.32M | $-1.77M | $-583.00K | $1.97M |
| Depreciation & Amortization | $3.80M | $3.80M | $3.91M | $3.83M | $3.48M | $3.11M |
| Stock-based Compensation | - | - | - | $1.00K | $4.00K | $5.00K |
| Deferred Income Tax | - | $-5.00K | $-19.00K | - | - | - |
| Change in Receivables | $5.53M | $1.40M | $-840.00K | $1.57M | $1.23M | $1.23M |
| Change in Inventory | $534.00K | $-3.00K | $-104.00K | $-201.00K | $356.00K | $195.00K |
| Change in Payables | $2.57M | $834.00K | $-2.75M | $-1.36M | $663.00K | $796.00K |
| Operating Cash Flow | $4.85M | $3.78M | $3.37M | $2.35M | $2.26M | $2.36M |
| Capital Expenditure | $2.80M | $1.73M | $2.25M | $3.90M | $6.39M | $4.42M |
| Investing Cash Flow | $-2.80M | $-1.73M | $-2.25M | $-3.90M | $-6.39M | $-4.42M |
| Debt Repayment | $1.10M | $635.00K | $597.00K | $563.00K | $21.01M | $1.11M |
| Financing Cash Flow | $-1.60M | $-973.00K | $-818.00K | $944.00K | $11.23M | $-1.09M |
| Net Change in Cash | $452.00K | $1.08M | $309.00K | $-598.00K | $7.10M | $-3.15M |
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 | $25.75M | $24.23M | $62.07M | $66.15M |
| Cost of Revenue | $19.64M | $18.27M | $49.42M | $52.01M |
| Selling General & Admin | $2.83M | $2.72M | $7.83M | $7.97M |
| Operating Income | $2.35M | $2.27M | $1.95M | $3.21M |
| Interest Expense | $512.00K | $502.00K | $1.58M | $1.65M |
| Other Income/Expense | - | - | - | $7.00K |
| Income Before Tax | $1.83M | $1.77M | $414.00K | $1.69M |
| Income Tax Expense | $45.00K | $42.00K | $100.00K | $126.00K |
| Net Income | $1.90M | $1.84M | $677.00K | $1.81M |
| Basic EPS | 0.49 | 0.47 | 0.17 | 0.47 |
| Basic Shares Outstanding | $3.90M | $3.90M | $3.90M | $3.90M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $4.55M | $2.80M |
| Accounts Receivable | $12.50M | $8.60M |
| Inventory | $1.69M | $1.56M |
| Other Current Assets | $15.00K | $15.00K |
| Total Current Assets | $20.17M | $14.56M |
| Property Plant & Equipment | $54.45M | $55.58M |
| Other Non-current Assets | $28.00K | $33.00K |
| Total Assets | $90.69M | $86.19M |
| Accounts Payable | $9.61M | $7.12M |
| Deferred Revenue | $4.59M | $3.52M |
| Other Current Liabilities | $2.00M | $2.02M |
| Total Current Liabilities | $19.89M | $15.46M |
| Long-term Debt | $28.19M | $28.65M |
| Retained Earnings | $-20.53M | $-21.21M |
| Total Stockholders Equity | $38.71M | $38.03M |
| Total Liabilities & Equity | $90.69M | $86.19M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $1.90M | $1.84M | $677.00K | $1.81M |
| Depreciation & Amortization | $932.00K | $975.00K | $2.87M | $2.96M |
| Change in Receivables | - | - | $3.99M | $527.00K |
| Change in Inventory | - | - | $128.00K | $51.00K |
| Change in Payables | - | - | $2.38M | $-2.00M |
| Operating Cash Flow | - | - | $3.50M | $3.95M |
| Capital Expenditure | - | - | $1.28M | $1.71M |
| Investing Cash Flow | - | - | $-1.28M | $-1.70M |
| Debt Repayment | - | - | $472.00K | $445.00K |
| Financing Cash Flow | - | - | $-733.00K | $-619.00K |
| Net Change in Cash | - | - | $1.49M | $1.64M |
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.