$4.50M
Revenue
$-4.95M
Net Income
1914.62%
Gross Margin
-113.47%
Op. Margin
$1.04M
Free Cash Flow
| Breakdown | Q4 2025 (Dec 31, 2025) |
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) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $-68.96M | $24.98M | $24.63M | $23.84M | $-63.03M | $22.16M | $22.08M |
| Revenue Growth % (YoY) | -9.4% | 12.8% | 11.6% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $3.17M | $3.41M | $3.29M | $2.94M | $2.87M | $3.10M | $3.42M |
| Gross Profit | $22.33M | $21.57M | $21.35M | $20.91M | $21.56M | $19.05M | $18.67M |
| Gross Margin % | -32.4% | 86.4% | 86.7% | 87.7% | -34.2% | 86.0% | 84.5% |
| Operating Expenses | $22.99M | $22.82M | $23.54M | $21.92M | $23.26M | $20.41M | $20.68M |
| Operating Income | $-655.00K | $-1.24M | $-2.20M | $-1.01M | $-1.70M | $-1.36M | $-2.02M |
| Operating Margin % | 0.9% | -5.0% | -8.9% | -4.3% | 2.7% | -6.1% | -9.1% |
| Interest Expense | $81.00K | $290.00K | $218.00K | $137.00K | $183.00K | $403.00K | $262.00K |
| Other Income/Expense | $2.00K | $22.00K | $124.00K | $-136.00K | $897.00K | $-144.00K | $-144.00K |
| Income Before Tax | $-653.00K | $-1.22M | $-2.07M | $-1.15M | $-798.00K | $-1.50M | $-2.16M |
| Income Tax Expense | $131.00K | $12.00K | $1.00K | $48.00K | - | - | - |
| Net Income | $-526.00K | $-1.15M | $-2.05M | $-1.22M | $-764.00K | $-1.50M | $-2.16M |
| Net Margin % | 0.8% | -4.6% | -8.3% | -5.1% | 1.2% | -6.8% | -9.8% |
| Basic EPS | nan | -0.05 | -0.07 | -0.04 | -0.03 | -0.05 | -0.09 |
| Diluted EPS | nan | -0.05 | -0.07 | -0.04 | -0.03 | -0.05 | -0.09 |
| Basic Shares Outstanding | 47K | 25.0M | 25.0M | 24.3M | 23K | 23.4M | 23.4M |
| Diluted Shares Outstanding | 47K | 25.0M | 25.0M | 24.3M | 23K | 23.4M | 23.4M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
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) |
|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $13.54M | $14.16M | $13.92M | $13.09M | $5.86M | $4.37M | $5.46M |
| Accounts Receivable | $5.44M | $5.62M | $5.72M | $5.63M | $5.56M | $5.04M | $4.81M |
| Other Current Assets | $3.53M | $3.70M | $3.85M | $3.63M | $2.51M | $2.65M | $2.47M |
| Total Current Assets | $22.50M | $23.49M | $23.49M | $24.16M | $15.74M | $14.38M | $15.64M |
| Property Plant & Equipment | $26.96M | $25.65M | $25.86M | $26.37M | $26.88M | $26.14M | $25.28M |
| Goodwill | $33.98M | $33.98M | $31.94M | $31.94M | $31.94M | $31.94M | $31.94M |
| Intangible Assets | $14.74M | $14.95M | $15.15M | $15.35M | $15.55M | $15.75M | $15.95M |
| Total Assets | $154.65M | $151.09M | $146.98M | $148.50M | $141.22M | $139.65M | $142.12M |
| Deferred Revenue | $18.50M | $19.29M | $21.07M | $21.38M | $19.27M | $17.37M | $17.74M |
| Total Current Liabilities | $37.96M | $44.82M | $43.44M | $43.21M | $41.83M | $33.83M | $34.79M |
| Long-term Debt | $5.45M | - | - | - | - | $5.68M | $5.72M |
| Deferred Tax Liabilities | $603.00K | $526.00K | $526.00K | $517.00K | $501.00K | $551.00K | $551.00K |
| Total Liabilities | $52.52M | $49.55M | $48.39M | $48.38M | $47.20M | $45.15M | $46.36M |
| Retained Earnings | $-94.92M | $-94.40M | $-93.24M | $-91.44M | $-90.43M | $-89.62M | $-88.43M |
| Treasury Stock | $525.00K | - | - | - | $169.00K | - | - |
| Total Stockholders Equity | $87.95M | $86.27M | $85.70M | $86.99M | $80.67M | $81.20M | $82.13M |
| Total Liabilities & Equity | $154.65M | $151.09M | $146.98M | $148.50M | $141.22M | $139.65M | $142.12M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
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) |
|---|---|---|---|---|---|---|---|
| Net Income | $-526.00K | $-1.15M | $-2.05M | $-1.22M | $-764.00K | $-4.63M | $-3.13M |
| Depreciation & Amortization | $1.92M | $6.14M | $4.22M | $2.15M | $2.25M | $6.33M | $4.19M |
| Change in Receivables | $-186.00K | $46.00K | $157.00K | $71.00K | $412.00K | $1.12M | $895.00K |
| Change in Payables | $1.37M | $750.00K | $1.06M | $-223.00K | $-1.08M | $1.37M | $1.89M |
| Operating Cash Flow | $1.77M | $3.91M | $3.58M | $1.30M | $2.66M | $4.26M | $3.85M |
| Capital Expenditure | $1.69M | $4.36M | $2.43M | $1.03M | $1.10M | $3.88M | $2.52M |
| Purchases of Investments | - | $2.00M | - | - | - | - | - |
| Investing Cash Flow | $-3.69M | $-6.36M | $-2.43M | $-1.03M | $-1.12M | $-13.88M | $-12.52M |
| Debt Repayment | - | - | - | - | $9.04M | $10.63M | $4.09M |
| Stock Issued | - | $7.03M | $7.01M | $7.01M | - | $33.00K | $14.00K |
| Financing Cash Flow | $1.30M | $10.76M | $6.92M | $6.96M | $-47.00K | $6.22M | $6.36M |
| Net Change in Cash | $-622.00K | $8.30M | $8.06M | $7.23M | $1.50M | $-3.40M | $-2.31M |
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 | $24.98M | - | $73.46M | - |
| Cost of Revenue | $3.41M | - | $9.63M | - |
| Gross Profit | $21.57M | - | $63.83M | - |
| Operating Expenses | $22.82M | - | $68.28M | - |
| Operating Income | $-1.24M | - | $-4.45M | - |
| Interest Expense | - | - | $290.00K | - |
| Other Income/Expense | $22.00K | - | $9.00K | - |
| Income Before Tax | $-1.22M | - | $-4.44M | - |
| Income Tax Expense | $12.00K | - | $61.00K | - |
| Net Income | $-1.15M | $-2.16M | $-3.97M | - |
| Basic EPS | -0.05 | - | -0.16 | - |
| Diluted EPS | -0.05 | - | -0.16 | - |
| Basic Shares Outstanding | $25.04M | - | $24.80M | - |
| Diluted Shares Outstanding | $25.04M | - | $24.80M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $14.16M | $5.86M |
| Accounts Receivable | $5.62M | $5.56M |
| Other Current Assets | $3.70M | $2.51M |
| Total Current Assets | $23.49M | $15.74M |
| Property Plant & Equipment | $25.65M | $26.88M |
| Goodwill | $33.98M | $31.94M |
| Intangible Assets | $14.95M | $15.55M |
| Total Assets | $151.09M | $141.22M |
| Deferred Revenue | $19.29M | $19.27M |
| Total Current Liabilities | $44.82M | $41.83M |
| Deferred Tax Liabilities | $526.00K | $501.00K |
| Total Liabilities | $49.55M | $47.20M |
| Retained Earnings | $-94.40M | $-90.43M |
| Total Stockholders Equity | $86.27M | $80.67M |
| Total Liabilities & Equity | $151.09M | $141.22M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-1.15M | $-2.16M | $-3.97M | - |
| Depreciation & Amortization | - | - | $6.14M | - |
| Change in Receivables | - | - | $46.00K | - |
| Change in Payables | - | - | $750.00K | - |
| Operating Cash Flow | - | - | $3.91M | - |
| Capital Expenditure | - | - | $4.36M | - |
| Purchases of Investments | - | - | $2.00M | - |
| Investing Cash Flow | - | - | $-6.36M | - |
| Stock Issued | - | - | $7.03M | - |
| Financing Cash Flow | - | - | $10.76M | - |
| Net Change in Cash | - | - | $8.30M | - |
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.