$162.00K
Revenue
$-18.23M
Net Income
-
Gross Margin
-12000.00%
Op. Margin
$-26.37M
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) |
|---|---|---|---|---|---|---|
| Total Revenue | $162.00K | $162.00K | $5.00K | $7.00K | $48.00K | $302.64M |
| Revenue Growth % | 0.0% | 3140.0% | -28.6% | -85.4% | -100.0% | nan% |
| Operating Expenses | $19.60M | $19.60M | $20.40M | $31.45M | $22.12M | $144.74M |
| Research & Development | $5.65M | $5.65M | $6.04M | $9.71M | $6.41M | $8.83M |
| Selling General & Admin | $13.45M | $13.45M | $14.36M | $21.74M | $15.72M | $45.81M |
| Operating Income | $-19.44M | $-19.44M | $-20.40M | $-31.45M | $-22.08M | $157.89M |
| Operating Margin % | -12000.0% | -12000.0% | -407940.0% | -449214.3% | -45991.7% | 52.2% |
| Income Before Tax | $-18.23M | $-18.23M | $-18.17M | $-27.95M | $-20.23M | $307.45M |
| Income Tax Expense | $-2.00K | $-2.00K | $3.00K | $-79.00K | $16.03M | $27.02M |
| Net Income | $-18.23M | $-18.23M | $-18.18M | $-27.87M | $-36.26M | $280.43M |
| Net Margin % | -11250.0% | -11250.0% | -363500.0% | -398157.1% | -75541.7% | 92.7% |
| Basic EPS | nan | -5.00 | -5.05 | -7.79 | -0.51 | 3.96 |
| Diluted EPS | nan | -5.00 | -5.05 | -7.79 | -0.51 | 3.92 |
| Basic Shares Outstanding | -3.7M | 4K | 4K | 4K | 71.3M | 70.9M |
| Diluted Shares Outstanding | -3.7M | 4K | 4K | 4K | 71.3M | 71.6M |
| 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) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $15.55M | $23.30M | $26.29M | $86.56M | $192.91M |
| Accounts Receivable | $19.00K | - | $2.00K | $14.00K | $8.00K |
| Other Current Assets | $120.00K | $122.00K | $282.00K | $224.00K | $263.00K |
| Total Current Assets | $21.67M | $38.20M | $53.83M | $152.26M | $224.43M |
| Property Plant & Equipment | $61.00K | $67.00K | $67.00K | $11.00K | $11.00K |
| Total Assets | $31.06M | $49.61M | $60.41M | $152.97M | $234.79M |
| Other Current Liabilities | $1.38M | $6.60M | $498.00K | $47.00K | $44.00K |
| Total Current Liabilities | $2.02M | $7.20M | $1.25M | $731.00K | $10.36M |
| Other Non-current Liabilities | $6.56M | $2.79M | $3.15M | - | - |
| Total Liabilities | $8.59M | $9.99M | $4.40M | $731.00K | $10.36M |
| Common Stock | - | - | - | $7.00K | $7.00K |
| Retained Earnings | $-222.90M | $-204.67M | $-186.50M | $-87.19M | $-8.01M |
| Total Stockholders Equity | $22.47M | $39.62M | $56.01M | $152.24M | $224.44M |
| Total Liabilities & Equity | $31.06M | $49.61M | $60.41M | $152.97M | $234.79M |
| 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) |
|---|---|---|---|---|---|---|
| Net Income | $-21.90M | $-18.23M | $-18.18M | $-27.87M | $-36.26M | $280.43M |
| Deferred Income Tax | - | - | - | - | - | - |
| Change in Receivables | $67.00K | $19.00K | $-1.00K | $3.00K | $-3.00K | $3.00K |
| Operating Cash Flow | $-26.37M | $-15.64M | $-15.33M | $-24.77M | $-16.89M | $281.39M |
| Capital Expenditure | - | $17.00K | $22.00K | $65.00K | - | - |
| Investing Cash Flow | $13.43M | $8.77M | $12.46M | $35.94M | $-38.53M | $-25.95M |
| Stock Issued | - | - | - | - | - | $4.49M |
| Dividends Paid | - | - | - | $71.43M | - | $70.84M |
| Financing Cash Flow | $-880.00K | $-873.00K | $-129.00K | $-71.44M | $-29.00K | $-65.66M |
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 | $58.00K | $2.00K | $106.00K | $5.00K |
| Operating Expenses | $4.70M | $4.39M | $12.74M | $13.73M |
| Research & Development | $1.14M | $1.18M | $3.62M | $3.67M |
| Selling General & Admin | $3.06M | $3.21M | $8.62M | $10.07M |
| Operating Income | $-4.64M | $-4.39M | $-12.63M | $-13.73M |
| Income Before Tax | $-4.35M | $-3.84M | $-11.65M | $-11.96M |
| Income Tax Expense | - | - | $2.00K | $3.00K |
| Net Income | $-4.35M | $-3.84M | $-11.65M | $-11.96M |
| Basic EPS | -1.18 | -1.07 | -3.17 | -3.32 |
| Diluted EPS | -1.18 | -1.07 | -3.17 | -3.32 |
| Basic Shares Outstanding | $3.67M | $3.60M | $3.67M | $3.60M |
| Diluted Shares Outstanding | $3.67M | $3.60M | $3.67M | $3.60M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $17.13M | $23.30M |
| Accounts Receivable | $19.00K | - |
| Other Current Assets | $223.00K | $122.00K |
| Total Current Assets | $28.43M | $38.20M |
| Property Plant & Equipment | $68.00K | $67.00K |
| Total Assets | $37.98M | $49.61M |
| Other Current Liabilities | $1.31M | $6.60M |
| Total Current Liabilities | $2.07M | $7.20M |
| Other Non-current Liabilities | $6.62M | $2.79M |
| Total Liabilities | $8.69M | $9.99M |
| Common Stock | - | - |
| Retained Earnings | $-216.32M | $-204.67M |
| Total Stockholders Equity | $29.29M | $39.62M |
| Total Liabilities & Equity | $37.98M | $49.61M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-4.35M | $-3.84M | $-11.65M | $-11.96M |
| Change in Receivables | - | - | $19.00K | $-2.00K |
| Change in Payables | - | - | $41.00K | $-160.00K |
| Operating Cash Flow | - | - | $-9.84M | $-9.82M |
| Capital Expenditure | - | - | $17.00K | $11.00K |
| Investing Cash Flow | - | - | $3.69M | $8.67M |
| Financing Cash Flow | - | - | $-19.00K | $-9.00K |
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.