$14.40M
Revenue
$1.13M
Net Income
5.27%
Gross Margin
-26.79%
Op. Margin
$-16.16M
Free Cash Flow
| Breakdown | Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $926.86K | $1.64M | $9.79M | $2.04M | $7.22M | $4.45M | $1.90M | $6.66M | $5.40M | $7.04M | $5.73M | $10.91M | $22.34M |
| Revenue Growth % (YoY) | -87.2% | -63.1% | 415.2% | -69.4% | 33.8% | -36.8% | -66.9% | -39.0% | -75.8% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $1.00M | $623.38K | $9.89M | $2.12M | $5.71M | $3.76M | $1.91M | $4.10M | $4.66M | $5.96M | $5.18M | $9.73M | $19.30M |
| Gross Profit | $-75.45K | $1.02M | $-101.14K | $-84.20K | $1.52M | $689.03K | $-7.13K | $2.56M | $741.48K | $1.09M | $553.21K | $1.18M | $3.04M |
| Gross Margin % | -8.1% | 62.1% | -1.0% | -4.1% | 21.0% | 15.5% | -0.4% | 38.5% | 13.7% | 15.4% | 9.6% | 10.8% | 13.6% |
| Operating Income | $-1.14M | $-151.76K | $-1.06M | $-1.51M | $749.18K | $-349.21K | $-1.02M | $710.22K | $-482.70K | $-132.34K | $-709.12K | $-6.28M | $1.72M |
| Operating Margin % | -122.6% | -9.2% | -10.8% | -74.2% | 10.4% | -7.9% | -53.5% | 10.7% | -8.9% | -1.9% | -12.4% | -57.5% | 7.7% |
| Interest Expense | - | - | - | - | - | - | - | $1.16M | - | - | - | $1.49M | - |
| Interest Income | - | - | - | $241.98K | $34.41K | $67.20K | $54.70K | $98.28K | $238.76K | $248.42K | $247.00K | $116.80K | $98.16K |
| Other Income/Expense | $5.71M | $2.56M | $-758.95K | $525.10K | $3.07M | $-3.27M | $-3.27M | $-1.40M | $-416.35K | $1.12M | $-733.14K | $214.63K | $-1.20M |
| Income Before Tax | $4.19M | $2.01M | $-2.25M | $-12.63M | $3.29M | $-4.12M | $-4.80M | $-22.84M | $-1.01M | $451.64K | $-1.78M | $-4.00M | $364.51K |
| Income Tax Expense | $-34.75K | $276.66K | $1.89K | $-106.65K | $21.67K | $169.07K | $146.00 | $555.76K | $178.28K | $250.86K | $110.45K | $2.46M | $722.93K |
| Net Income | $4.80M | $1.82M | $-914.61K | $-4.57M | $3.13M | $-3.60M | $-4.80M | $-7.92M | $-906.52K | $342.00K | $-1.65M | $-7.47M | $-508.42K |
| Net Margin % | 518.0% | 110.9% | -9.3% | -224.3% | 43.3% | -80.9% | -252.6% | -118.8% | -16.8% | 4.9% | -28.8% | -68.4% | -2.3% |
| Basic EPS | 0.07 | 0.03 | -0.01 | -0.06 | 0.05 | 0.05 | -0.06 | -0.12 | -0.01 | 0.00 | -0.02 | -0.11 | -0.01 |
| Diluted EPS | 0.07 | 0.03 | -0.01 | -0.06 | 0.05 | 0.05 | -0.06 | -0.12 | -0.01 | 0.00 | -0.02 | -0.11 | -0.01 |
| Basic Shares Outstanding | 68.7M | 68.7M | 68.7M | - | 68.7M | 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 | - | 68.7M | 68.7M | 68.7M | - | 68.7M |
| Breakdown | Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Short-term Investments | $25.27M | $21.41M | $19.93M | $23.97M | $19.42M | $17.42M | $21.89M | $26.51M | $7.90M | $10.28M | $8.43M | $10.96M | $38.80M |
| Accounts Receivable | $8.25M | $7.93M | $6.56M | $328.43K | $253.77K | $191.08K | $78.78K | $552.96K | $127.50K | $179.32K | $95.43K | $204.52K | $206.45K |
| Total Current Assets | $131.45M | $124.64M | $121.95M | $133.53M | $152.96M | $153.68M | $160.68M | $164.50M | $214.76M | $221.32M | $243.40M | $235.77M | $248.10M |
| Property Plant & Equipment | $332.16K | $362.48K | $397.40K | $433.30K | $484.93K | $629.04K | $673.83K | $728.09K | $771.44K | $819.13K | $948.91K | $1.00M | $1.06M |
| Goodwill | - | - | - | - | - | - | - | - | $1.04M | $1.00M | $1.33M | $1.24M | $1.12M |
| Total Assets | $171.68M | $165.10M | $162.70M | $174.70M | $195.84M | $195.80M | $203.48M | $207.88M | $250.52M | $257.22M | $281.88M | $274.09M | $286.02M |
| Accounts Payable | $17.13M | $14.45M | $14.40M | $16.87M | $21.39M | $20.64M | $24.74M | $24.89M | $24.27M | $26.34M | $26.46M | $22.37M | $21.37M |
| Total Current Liabilities | $69.96M | $68.19M | $68.31M | $77.72M | $83.78M | $89.49M | $92.41M | $91.68M | $112.85M | $118.96M | $136.31M | $128.28M | $136.54M |
| Total Liabilities | $69.96M | $68.19M | $68.31M | $77.72M | $83.78M | $89.49M | $92.41M | $91.68M | $113.12M | $119.50M | $137.12M | $129.36M | $137.84M |
| Common Stock | $686.92K | $686.92K | $686.92K | $686.92K | $686.92K | $686.92K | $686.92K | $686.92K | $686.92K | $686.92K | $686.92K | $686.92K | $686.92K |
| Retained Earnings | $96.07M | $91.27M | $89.45M | $90.36M | $94.97M | $91.56M | $95.16M | $99.17M | $107.08M | $107.99M | $107.65M | $109.30M | $116.77M |
| Total Stockholders Equity | $116.05M | $110.56M | $107.91M | $109.15M | $116.48M | $110.84M | $114.93M | $119.27M | $125.23M | $125.36M | $131.62M | $131.53M | $136.15M |
| Total Liabilities & Equity | $171.68M | $165.10M | $162.70M | $174.70M | $195.84M | $195.80M | $203.48M | $207.88M | $250.52M | $257.22M | $281.88M | $274.09M | $286.02M |
| Breakdown | Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $4.80M | $1.82M | $-914.61K | $-4.57M | $-4.48M | $-3.60M | $-4.80M | $-7.92M | $-906.52K | $-1.31M | $-1.65M | $-7.47M | $-960.48K |
| Depreciation & Amortization | $1.41M | $931.45K | $454.20K | $600.41K | $1.27M | $1.00M | $499.87K | $417.62K | $1.31M | $1.18M | $1.89M | $441.11K | $1.34M |
| Change in Receivables | $7.85M | $7.58M | $6.23M | $82.26K | $-300.98K | $-359.63K | $-472.97K | $425.92K | $-72.48K | $-18.51K | $-111.77K | $-9.25K | $158.46K |
| Operating Cash Flow | $-2.91M | $-6.83M | $-7.38M | $961.01K | $-5.14M | $-4.14M | $3.52M | $9.50M | $-13.56M | $-10.55M | $2.66M | $-10.77M | $-2.40M |
| Capital Expenditure | - | - | - | $1.09K | $17.62K | $17.62K | $310.00 | $545.00 | $5.49K | $4.16K | $2.40K | $-2.52K | $192.67K |
| Investing Cash Flow | $-1.01M | $2.65M | $4.07M | $-5.10M | $7.26M | $8.94M | $4.57M | $-18.60M | $2.79M | $288.98K | $2.67M | $30.13M | $-28.51M |
| Dividends Paid | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Financing Cash Flow | - | - | - | - | - | - | - | - | - | - | $-3.86M | $4.17M | $19.59M |
| Net Change in Cash | $-3.83M | $-4.11M | $-3.73M | $-4.58M | $2.47M | $4.54M | $894.13K | $-40.97M | $-12.92M | $-12.92M | $335.44K | $5.99M | $-14.29M |
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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.