$41.46M
Revenue
$-2.53M
Net Income
-
Gross Margin
48.91%
Op. Margin
$50.87M
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 | $8.69M | $10.88M | $10.05M | $11.83M | $12.36M | $10.42M | $11.54M |
| Revenue Growth % (YoY) | -29.7% | 4.5% | -12.9% | nan% | nan% | nan% | nan% |
| Operating Expenses | - | - | - | - | - | - | $-1.61M |
| Research & Development | $1.00K | $147.00K | $645.00K | $758.00K | $568.00K | $585.00K | $520.00K |
| Operating Income | $857.00K | $6.68M | $4.63M | $8.11M | $5.53M | $4.08M | - |
| Operating Margin % | 9.9% | 61.3% | 46.1% | 68.6% | 44.7% | 39.2% | nan% |
| Interest Expense | $-2.36M | $2.26M | $1.52M | $775.00K | $-2.41M | $1.14M | $1.12M |
| Income Before Tax | $-959.00K | $10.70M | $4.56M | $5.82M | $8.59M | $4.37M | $5.43M |
| Income Tax Expense | $18.43M | $1.92M | $1.03M | $1.28M | $2.71M | $906.00K | $1.03M |
| Net Income | $-19.39M | $8.78M | $3.54M | $4.54M | $5.87M | $3.47M | $4.39M |
| Net Margin % | -223.1% | 80.7% | 35.2% | 38.4% | 47.5% | 33.3% | 38.1% |
| Basic EPS | nan | 0.72 | 0.29 | 0.37 | 0.48 | 0.28 | 0.35 |
| Diluted EPS | nan | 0.72 | 0.29 | 0.37 | 0.47 | 0.28 | 0.35 |
| Basic Shares Outstanding | -22K | 12.1M | 12.2M | 12.2M | -48K | 12.3M | 12.5M |
| Diluted Shares Outstanding | -22K | 12.1M | 12.2M | 12.2M | -109K | 12.4M | 12.5M |
| 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 | $42.76M | $10.21M | $8.01M | $29.81M | $5.93M | $17.18M | $5.55M |
| Accounts Receivable | $3.86M | $5.58M | $5.61M | $4.68M | $5.79M | $6.42M | $7.38M |
| Other Current Assets | $163.00K | $543.00K | $1.09M | $1.05M | $2.14M | $1.61M | $1.86M |
| Total Current Assets | $46.79M | $16.33M | $21.19M | $75.94M | $20.25M | $25.21M | $14.79M |
| Property Plant & Equipment | $48.00K | - | - | $28.00K | $5.44M | $4.82M | $5.01M |
| Intangible Assets | - | - | - | - | - | $220.00K | $232.00K |
| Other Non-current Assets | - | $432.00K | $466.00K | $2.55M | $3.04M | $3.41M | $4.50M |
| Total Assets | $272.42M | $289.36M | $285.70M | $331.26M | $332.24M | $321.28M | $321.37M |
| Deferred Revenue | - | - | $3.30M | $3.35M | $1.50M | $2.11M | - |
| Total Current Liabilities | $4.97M | $2.87M | $6.68M | $6.72M | $5.57M | $4.98M | $5.53M |
| Long-term Debt | $32.97M | - | - | - | - | - | - |
| Other Non-current Liabilities | $240.00K | $361.00K | $519.00K | $309.00K | $335.00K | $1.62M | $1.57M |
| Total Liabilities | $37.32M | $35.16M | $39.23M | $38.59M | $43.55M | $37.85M | $38.17M |
| Common Stock | $12.00K | $12.00K | $12.00K | $12.00K | $12.00K | $12.00K | $12.00K |
| Retained Earnings | $-4.18B | $-4.16B | $-4.17B | $-4.13B | $-4.13B | $-4.14B | $-4.14B |
| Total Stockholders Equity | $235.10M | $254.21M | $246.47M | $292.67M | $288.69M | $283.43M | $283.20M |
| Total Liabilities & Equity | $272.42M | $289.36M | $285.70M | $331.26M | $332.24M | $321.28M | $321.37M |
| 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 | $-19.39M | $8.78M | $3.54M | $4.54M | $5.87M | $3.47M | $4.39M |
| Depreciation & Amortization | - | $2.00K | $19.00K | $19.00K | $230.00K | $1.17M | $935.00K |
| Stock-based Compensation | $281.00K | $894.00K | $608.00K | $307.00K | $236.00K | $708.00K | $249.00K |
| Operating Cash Flow | $10.30M | $16.99M | $16.08M | $8.28M | $6.89M | $16.16M | $9.84M |
| Capital Expenditure | - | $512.00K | $163.00K | $100.00K | $88.00K | $50.00K | $21.00K |
| Investing Cash Flow | $22.26M | $45.80M | $42.84M | $22.70M | $-23.52M | $13.39M | $4.81M |
| Stock Repurchased | - | $3.07M | $1.74M | $867.00K | $849.00K | $5.17M | $1.95M |
| Financing Cash Flow | - | $-58.51M | $-56.84M | $-7.10M | $5.38M | $-17.61M | $-14.34M |
| Net Change in Cash | $32.56M | $4.28M | $2.08M | $23.88M | $-11.25M | $11.94M | $313.00K |
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 | $10.88M | - | $32.77M | - |
| Research & Development | $147.00K | - | $1.55M | - |
| Operating Income | $6.68M | - | $19.42M | - |
| Interest Expense | $1.18M | - | $2.26M | - |
| Income Before Tax | $10.70M | - | $21.07M | - |
| Income Tax Expense | $1.92M | - | $4.22M | - |
| Net Income | $8.78M | $3.68M | $16.86M | - |
| Basic EPS | 0.72 | - | 1.38 | - |
| Diluted EPS | 0.72 | - | 1.38 | - |
| Basic Shares Outstanding | $12.12M | - | $12.18M | - |
| Diluted Shares Outstanding | $12.12M | - | $12.18M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $10.21M | $5.93M |
| Accounts Receivable | $5.58M | $5.79M |
| Other Current Assets | $543.00K | $2.14M |
| Total Current Assets | $16.33M | $20.25M |
| Other Non-current Assets | $432.00K | $3.04M |
| Total Assets | $289.36M | $332.24M |
| Deferred Revenue | - | $1.50M |
| Total Current Liabilities | $2.87M | $5.57M |
| Other Non-current Liabilities | $361.00K | $335.00K |
| Total Liabilities | $35.16M | $43.55M |
| Common Stock | $12.00K | $12.00K |
| Retained Earnings | $-4.16B | $-4.13B |
| Total Stockholders Equity | $254.21M | $288.69M |
| Total Liabilities & Equity | $289.36M | $332.24M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $8.78M | $3.68M | $16.86M | - |
| Depreciation & Amortization | $2.00K | - | $40.00K | - |
| Stock-based Compensation | - | - | $894.00K | - |
| Operating Cash Flow | - | - | $16.99M | - |
| Capital Expenditure | - | - | $512.00K | - |
| Investing Cash Flow | - | - | $45.80M | - |
| Stock Repurchased | - | - | $3.07M | - |
| Financing Cash Flow | - | - | $-58.51M | - |
| Net Change in Cash | - | - | $4.28M | - |
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.