$14.40M
Revenue
$1.13M
Net Income
5.27%
Gross Margin
-26.79%
Op. Margin
$-16.16M
Free Cash Flow
| Breakdown | TTM (Sep 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $14.40M | $15.61M | $24.83M | $80.02M | $54.14M | $5.89M | $32.99M | $8.24M | $5.20M | $4.76M | $8.61M |
| Revenue Growth % | -7.8% | -37.1% | -69.0% | 47.8% | 818.9% | -82.1% | 300.2% | 58.5% | 9.2% | -44.7% | nan% |
| Cost of Revenue | $13.64M | $13.50M | $19.89M | $70.56M | $41.23M | $5.35M | $26.81M | $6.69M | $2.96M | $2.90M | $4.35M |
| Gross Profit | $758.53K | $2.11M | $4.94M | $9.46M | $12.91M | $539.36K | $6.18M | $1.55M | $2.24M | $1.87M | $4.26M |
| Gross Margin % | 5.3% | 13.5% | 19.9% | 11.8% | 23.8% | 9.2% | 18.7% | 18.8% | 43.1% | 39.2% | 49.5% |
| Operating Income | $-3.86M | $-2.13M | $-613.94K | $-2.12M | $6.19M | $-27.78M | $-6.95M | $-3.20M | $-3.63M | $-3.73M | $-2.24M |
| Operating Margin % | -26.8% | -13.6% | -2.5% | -2.7% | 11.4% | -471.6% | -21.1% | -38.9% | -69.9% | -78.3% | -26.0% |
| Interest Expense | - | - | $1.16M | $1.49M | - | - | - | $2.14M | $2.21M | $3.48M | $3.40M |
| Interest Income | - | $398.28K | $832.46K | $691.10K | $936.11K | $582.79K | $151.76K | $42.22K | $59.14K | $132.43K | $853.05K |
| Other Income/Expense | $8.03M | $-2.95M | $-1.44M | $-2.77M | $41.30M | $25.19M | $1.89M | $87.39K | $3.10M | $-167.61K | $53.97K |
| Income Before Tax | $-8.67M | $-18.25M | $-25.17M | $-4.85M | $48.42M | $-2.02M | $-4.90M | $48.11M | $30.96M | $-6.86M | $-5.18M |
| Income Tax Expense | $137.14K | $84.23K | $1.10M | $4.54M | $2.14M | $2.23M | $-384.05K | $1.57M | $-37.40K | $-132.98K | $30.58K |
| Net Income | $1.13M | $-9.05M | $-10.13M | $-8.43M | $35.05M | $-4.24M | $-1.75M | $46.89M | $30.43M | $-4.77M | $-3.65M |
| Net Margin % | 7.9% | -58.0% | -40.8% | -10.5% | 64.7% | -72.0% | -5.3% | 568.7% | 585.2% | -100.0% | -42.4% |
| Basic EPS | 0.03 | -0.13 | -0.15 | -0.12 | 0.51 | -0.06 | nan | nan | nan | nan | nan |
| Diluted EPS | 0.03 | -0.13 | -0.15 | -0.12 | 0.51 | -0.06 | nan | nan | nan | nan | nan |
| Basic Shares Outstanding | 68.7M | 68.7M | 68.7M | 68.7M | 68.7M | 68.7M | - | - | - | - | - |
| Diluted Shares Outstanding | 68.7M | 68.7M | 68.7M | 68.7M | 68.7M | 68.7M | - | - | - | - | - |
| Breakdown | FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | - | - | - | - | - | - | - | $8.69M | $943.52K | $1.63M |
| Short-term Investments | $23.97M | $26.51M | $10.96M | $13.89M | $25.01M | $27.82M | $49.45M | - | - | - |
| Accounts Receivable | $328.43K | $552.96K | $204.52K | $65.85K | $77.46K | $24.41K | $234.36K | $900.24K | $1.29M | $1.27M |
| Total Current Assets | $133.53M | $164.50M | $235.77M | $321.63M | $302.89M | $145.83M | $148.03M | $96.34M | $85.88M | $81.51M |
| Property Plant & Equipment | $433.30K | $728.09K | $1.00M | $1.24M | $1.38M | $1.20M | $1.10M | $1.41M | $7.54M | $8.47M |
| Goodwill | - | - | $1.24M | $1.86M | $1.69M | - | - | - | - | - |
| Total Assets | $174.70M | $207.88M | $274.09M | $366.95M | $348.51M | $187.28M | $183.83M | $139.62M | $106.28M | $101.34M |
| Accounts Payable | $16.87M | $24.89M | $22.37M | $25.12M | $20.45M | $4.35M | $5.27M | $2.49M | $7.47M | $10.53M |
| Short-term Debt | - | - | - | - | - | - | - | $7.30M | $8.65M | $18.55M |
| Total Current Liabilities | $77.72M | $91.68M | $128.28M | $194.09M | $203.06M | $45.41M | $58.45M | $117.77M | $92.41M | $91.04M |
| Long-term Debt | - | - | - | - | - | - | - | - | $18.48M | $8.17M |
| Total Liabilities | $77.72M | $91.68M | $129.36M | $196.33M | $210.73M | $53.10M | $66.56M | $122.55M | $116.00M | $104.63M |
| Common Stock | $686.92K | $686.92K | $686.92K | $686.92K | $686.92K | $686.92K | $686.92K | $686.92K | $686.92K | $686.92K |
| Retained Earnings | $90.36M | $99.17M | $109.30M | $117.73M | $100.29M | $105.33M | $106.73M | $5.83M | $-24.55M | $-19.78M |
| Total Stockholders Equity | $109.15M | $119.27M | $131.53M | $155.19M | $135.52M | $130.45M | $115.39M | $15.50M | $-14.55M | $-10.45M |
| Total Liabilities & Equity | $174.70M | $207.88M | $274.09M | $366.95M | $348.51M | $187.28M | $183.83M | $139.62M | $106.28M | $101.34M |
| Breakdown | TTM (Sep 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $1.13M | $-9.05M | $-10.13M | $-8.43M | $35.05M | $-4.24M | $-1.75M | $46.89M | $30.43M | $-4.77M | $-3.65M |
| Depreciation & Amortization | $3.40M | $1.87M | $1.72M | $1.78M | $4.28M | $2.55M | $1.67M | $480.02K | $602.00K | $1.03M | $1.06M |
| Change in Receivables | $21.75M | $-218.72K | $353.44K | $149.20K | $-13.26K | $48.46K | $-208.78K | $-102.92K | $-317.77K | $282.67K | $35.08K |
| Operating Cash Flow | $-16.16M | $-4.18M | $-4.06M | $-13.17M | $-19.04M | $18.59M | $-49.35M | $-8.53M | $23.20M | $-7.43M | $-28.42M |
| Capital Expenditure | - | $18.72K | $6.03K | $190.15K | $109.05K | $355.89K | $288.50K | $4.54K | $81.60K | $189.16K | - |
| Purchases of Investments | - | - | - | - | - | - | - | $28.39M | - | - | - |
| Investing Cash Flow | $605.14K | $2.15M | $-15.80M | $1.63M | $28.15M | $26.07M | $59.96M | $42.94M | $7.51M | $-2.28M | $-335.21K |
| Dividends Paid | - | - | $10.18M | - | $6.87M | - | $6.87M | - | - | - | - |
| Financing Cash Flow | - | - | $-24.30M | $23.76M | $-22.33M | $-20.32M | $-13.81M | $-22.03M | $-23.44M | $8.81M | $28.26M |
| Net Change in Cash | $-16.25M | $-2.11M | $-53.89M | $-8.30M | $-15.47M | $24.47M | $-1.76M | $10.72M | $7.75M | $-683.07K | $-428.67K |
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 | $926.86K | $7.22M | $12.36M | $13.57M |
| Cost of Revenue | $1.00M | $5.71M | $11.51M | $11.37M |
| Gross Profit | $-75.45K | $1.52M | $842.73K | $2.20M |
| Operating Income | $-1.14M | $749.18K | $-2.34M | $-615.83K |
| Other Income/Expense | $5.71M | $3.07M | $7.51M | $-3.47M |
| Income Before Tax | $4.19M | $3.29M | $3.95M | $-5.62M |
| Income Tax Expense | $-34.75K | $21.67K | $243.79K | $190.89K |
| Net Income | $4.80M | $3.13M | $5.71M | $-4.48M |
| Basic EPS | 0.07 | 0.05 | 0.08 | -0.07 |
| Diluted EPS | 0.07 | 0.05 | 0.08 | -0.07 |
| Basic Shares Outstanding | $68.69M | $68.69M | $68.69M | $68.69M |
| Diluted Shares Outstanding | $68.69M | $68.69M | $68.69M | $68.69M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Short-term Investments | $25.27M | $23.97M |
| Accounts Receivable | $8.25M | $328.43K |
| Total Current Assets | $131.45M | $133.53M |
| Property Plant & Equipment | $332.16K | $433.30K |
| Total Assets | $171.68M | $174.70M |
| Accounts Payable | $17.13M | $16.87M |
| Total Current Liabilities | $69.96M | $77.72M |
| Total Liabilities | $69.96M | $77.72M |
| Common Stock | $686.92K | $686.92K |
| Retained Earnings | $96.07M | $90.36M |
| Total Stockholders Equity | $116.05M | $109.15M |
| Total Liabilities & Equity | $171.68M | $174.70M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $4.80M | $3.13M | $5.71M | $-4.48M |
| Depreciation & Amortization | - | - | $1.41M | $1.27M |
| Change in Receivables | - | - | $7.85M | $-300.98K |
| Operating Cash Flow | - | - | $-2.91M | $-5.14M |
| Capital Expenditure | - | - | - | $17.62K |
| Investing Cash Flow | - | - | $-1.01M | $7.26M |
| Net Change in Cash | - | - | $-3.83M | $2.47M |
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.