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Financial Statements Quarterly (10-Q)
Showing 12 of 42 quarterly reports available
Breakdown Q1 2026
(Sep 30, 2025)
Q1 2025
(Jun 30, 2025)
Q4 2025
(Jun 30, 2025)
Q3 2025
(Mar 31, 2025)
Q2 2025
(Dec 31, 2024)
Q4 2024
(Jun 30, 2024)
Q3 2024
(Mar 31, 2024)
Q2 2024
(Dec 31, 2023)
Q1 2024
(Sep 30, 2023)
Q4 2023
(Jun 30, 2023)
Q3 2023
(Mar 31, 2023)
Q2 2023
(Dec 31, 2022)
+ Total Revenue $29.79M $34.42M $28.84M $28.50M $31.16M $49.08M $41.18M $37.04M $33.03M $34.92M $32.96M $31.51M
Revenue Growth % (YoY) -13.4% 4.2% -41.2% -30.8% -15.9% 40.5% 24.9% 17.6% nan% nan% nan% nan%
Cost of Revenue $16.45M $19.95M $17.30M $16.10M $17.88M $30.35M $24.68M $22.01M $18.93M $21.13M $18.33M $17.71M
+ Gross Profit $13.35M $14.47M $11.54M $12.40M $13.28M $18.72M $16.50M $15.03M $14.10M $13.80M $14.64M $13.79M
Gross Margin % 44.8% 42.1% 40.0% 43.5% 42.6% 38.1% 40.1% 40.6% 42.7% 39.5% 44.4% 43.8%
Operating Expenses $14.87M $16.60M $14.67M $15.98M $15.44M $18.16M $16.60M $16.79M $15.67M $14.56M $17.07M $15.90M
Research & Development $4.60M $4.96M $4.19M $4.46M $4.98M $5.26M $5.19M $4.72M $5.11M $4.95M $5.07M $5.08M
Selling General & Admin $9.54M $9.50M $9.01M $8.96M $8.81M $11.06M $9.75M $10.22M $9.17M $8.03M $9.95M $9.81M
+ Operating Income $-1.53M $-2.13M $-3.13M $-3.58M $-2.16M $565.00K $-95.00K $-1.76M $-1.57M $-761.00K $-2.43M $-2.11M
Operating Margin % -5.1% -6.2% -10.9% -12.6% -6.9% 1.2% -0.2% -4.7% -4.8% -2.2% -7.4% -6.7%
Other Income/Expense $183.00K $-37.00K $-52.00K $-19.00K $8.00K $9.00K $2.00K $-23.00K $19.00K $-52.00K $-29.00K $-26.00K
Income Before Tax $-1.36M $-2.28M $-3.29M $-3.76M $-2.28M $399.00K $-264.00K $-2.01M $-1.89M $-1.22M $-2.92M -
Income Tax Expense $42.00K $218.00K $-662.00K $111.00K $94.00K $13.00K $159.00K $580.00K $-7.00K $436.00K $140.00K $118.00K
+ Net Income $-1.40M $-2.50M $-2.63M $-3.87M $-2.37M $386.00K $-423.00K $-2.59M $-1.89M $-1.65M $-3.06M $-2.61M
Net Margin % -4.7% -7.3% -9.1% -13.6% -7.6% 0.8% -1.0% -7.0% -5.7% -4.7% -9.3% -8.3%
Basic EPS -0.04 -0.07 -0.06 -0.10 -0.06 0.01 -0.01 -0.07 -0.05 -0.05 -0.08 -0.07
Diluted EPS -0.04 -0.07 -0.06 -0.10 -0.06 0.01 -0.01 -0.07 -0.05 -0.05 -0.08 -0.07
Basic Shares Outstanding 39.2M 38.0M 120K 38.8M 38.6M 103K 37.5M 37.4M 37.0M 152K 36.5M 36.4M
Diluted Shares Outstanding 39.2M 38.0M 120K 38.8M 38.6M 103K 37.5M 37.4M 37.0M 152K 36.5M 36.4M
Breakdown Q1 2026
(Sep 30, 2025)
Q1 2025
(Jun 30, 2025)
Q4 2025
(Jun 30, 2025)
Q3 2025
(Mar 31, 2025)
Q2 2025
(Dec 31, 2024)
Q4 2024
(Jun 30, 2024)
Q3 2024
(Mar 31, 2024)
Q2 2024
(Dec 31, 2023)
Q1 2024
(Sep 30, 2023)
Q4 2023
(Jun 30, 2023)
Q3 2023
(Mar 31, 2023)
Q2 2023
(Dec 31, 2022)
Cash & Cash Equivalents $22.19M $26.39M $20.10M $20.00M $19.21M $26.24M $24.64M $22.15M $19.48M $13.45M $12.79M $6.80M
Accounts Receivable $21.93M $30.80M $25.09M $23.65M $30.47M $31.28M $28.54M $30.38M $30.11M $27.68M $25.61M $27.68M
Inventory $26.75M $29.53M $26.37M $28.15M $29.07M $27.70M $40.55M $42.77M $45.80M $49.74M $51.73M $49.16M
Total Current Assets $74.42M $92.62M $77.39M $76.46M $85.55M $88.95M $97.88M $99.91M $98.91M $96.55M $95.89M $90.05M
Property Plant & Equipment $2.11M $3.64M $2.46M $2.77M $3.15M $4.02M $4.41M $4.82M $4.93M $4.63M $4.81M $5.08M
Goodwill $31.09M $27.82M $31.09M $31.09M $30.49M $27.82M $27.82M $27.82M $27.82M $27.82M $27.86M $27.15M
Intangible Assets $3.14M $4.00M $3.74M $4.31M $4.91M $5.25M $6.56M $7.87M $9.18M $10.56M $12.03M $14.11M
Other Non-current Assets $693.00K $607.00K $624.00K $584.00K $683.00K $600.00K $586.00K $589.00K $461.00K $472.00K $485.00K $559.00K
Total Assets $119.57M $137.86M $123.72M $124.19M $134.22M $136.21M $147.39M $151.62M $152.40M $151.62M $151.49M $147.78M
Accounts Payable $9.63M $17.15M $13.26M $11.01M $15.97M $10.35M $13.85M $9.60M $9.15M $12.40M $15.19M $16.72M
Short-term Debt - $3.07M - - - - - - - - - -
Deferred Revenue - $3.30M - - - - - - - - - -
Other Current Liabilities $11.26M $11.86M $10.62M $10.59M $11.44M $10.97M $22.19M $32.09M $34.06M $28.81M $25.21M $15.32M
Total Current Liabilities $24.72M $35.51M $30.42M $28.57M $33.44M $30.16M $43.57M $47.99M $48.75M $46.39M $45.95M $39.48M
Long-term Debt $10.66M $12.41M $8.68M $9.46M $11.63M $13.22M $13.97M $14.72M $15.47M $16.22M $16.97M $17.72M
Other Non-current Liabilities $9.73M $11.01M $10.24M $10.69M $11.24M $11.48M $11.76M $12.14M $11.19M $11.46M $10.54M $11.07M
Total Liabilities $45.12M $58.93M $49.34M $48.72M $56.31M $54.85M $69.31M $74.85M $75.41M $74.07M $73.46M $68.27M
Common Stock $4.00K $4.00K $4.00K $4.00K $4.00K $4.00K $4.00K $4.00K $4.00K $4.00K $4.00K $4.00K
Retained Earnings $-235.79M $-225.52M $-234.39M $-231.76M $-227.90M $-223.02M $-223.41M $-222.98M $-220.39M $-218.50M $-216.85M $-213.79M
Total Stockholders Equity $74.45M $78.93M $74.38M $75.47M $77.91M $81.36M $78.08M $76.78M $76.99M $77.56M $78.03M $79.52M
Total Liabilities & Equity $119.57M $137.86M $123.72M $124.19M $134.22M $136.21M $147.39M $151.62M $152.40M $151.62M $151.49M $147.78M
Breakdown Q1 2026
(Sep 30, 2025)
Q1 2025
(Jun 30, 2025)
Q4 2025
(Jun 30, 2025)
Q3 2025
(Mar 31, 2025)
Q2 2025
(Dec 31, 2024)
Q4 2024
(Jun 30, 2024)
Q3 2024
(Mar 31, 2024)
Q2 2024
(Dec 31, 2023)
Q1 2024
(Sep 30, 2023)
Q4 2023
(Jun 30, 2023)
Q3 2023
(Mar 31, 2023)
Q2 2023
(Dec 31, 2022)
Net Income $-1.40M $-2.50M $-2.63M $-3.87M $-4.87M $386.00K $-423.00K $-4.48M $-1.89M $-1.65M $-3.06M $-2.61M
Depreciation & Amortization $446.00K $543.00K $466.00K $1.62M $1.12M $564.00K $1.60M $1.03M $528.00K - $1.22M $791.00K
Stock-based Compensation $1.77M $1.60M $1.50M $4.63M $1.51M $2.55M $1.87M $2.18M $1.74M $827.00K $5.38M $3.65M
Change in Receivables $-3.17M $-478.00K $1.44M $-7.63M $-1.71M $2.74M $860.00K $2.70M $2.42M $2.07M $-2.55M $-487.00K
Change in Inventory $402.00K $1.83M $-1.74M $-300.00K $400.00K $-12.73M $-8.49M $-6.46M $-3.62M $-1.95M $10.64M $7.99M
Change in Payables $-3.65M $6.79M $2.24M $650.00K $5.41M $-3.52M $1.39M $-2.83M $-3.59M $-2.79M $-5.78M $-4.42M
Operating Cash Flow $3.60M $2.66M $1.05M $6.23M $3.00M $2.27M $16.35M $11.49M $7.50M $1.19M $-956.00K $-9.95M
Capital Expenditure $74.00K $157.00K $143.00K $362.00K $241.00K $154.00K $1.32M $1.19M $486.00K $348.00K $2.33M $1.99M
Acquisitions - - - - - - - - - - $4.65M $4.65M
Investing Cash Flow $-74.00K $-157.00K $-143.00K $-6.82M $-6.70M $-154.00K $-1.32M $-1.19M $-486.00K $-348.00K $-6.97M $-6.64M
Debt Repayment $1.11M - - - - - - - - - - -
Stock Issued - $19.00K $137.00K $220.00K $220.00K $483.00K $522.00K $500.00K $93.00K $501.00K $752.00K $729.00K
Financing Cash Flow $-1.44M $-2.35M $-810.00K $-5.65M $-3.33M $-526.00K $-3.83M $-1.61M $-985.00K $-188.00K $3.50M $6.18M
SEC Filing Format - Data shown as it appears in the Q1 2026 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025
Current Prior Year
Total Revenue $29.79M $34.42M
Cost of Revenue $16.45M $19.95M
Gross Profit $13.35M $14.47M
Operating Expenses $14.87M $16.60M
Research & Development $4.60M $4.96M
Selling General & Admin $9.54M $9.50M
Operating Income $-1.53M $-2.13M
Other Income/Expense $183.00K $-37.00K
Income Before Tax $-1.36M $-2.28M
Income Tax Expense $42.00K $218.00K
Net Income $-1.40M $-2.50M
Basic EPS -0.04 -0.07
Diluted EPS -0.04 -0.07
Basic Shares Outstanding $39.19M $38.02M
Diluted Shares Outstanding $39.19M $38.02M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Jun 30, 2025
Cash & Cash Equivalents $22.19M $20.10M
Accounts Receivable $21.93M $25.09M
Inventory $26.75M $26.37M
Total Current Assets $74.42M $77.39M
Property Plant & Equipment $2.11M $2.46M
Goodwill $31.09M $31.09M
Intangible Assets $3.14M $3.74M
Other Non-current Assets $693.00K $624.00K
Total Assets $119.57M $123.72M
Accounts Payable $9.63M $13.26M
Other Current Liabilities $11.26M $10.62M
Total Current Liabilities $24.72M $30.42M
Long-term Debt $10.66M $8.68M
Other Non-current Liabilities $9.73M $10.24M
Total Liabilities $45.12M $49.34M
Common Stock $4.00K $4.00K
Retained Earnings $-235.79M $-234.39M
Total Stockholders Equity $74.45M $74.38M
Total Liabilities & Equity $119.57M $123.72M
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025
Current Prior Year
Net Income $-1.40M $-2.50M
Depreciation & Amortization $446.00K $543.00K
Stock-based Compensation $1.77M $1.60M
Change in Receivables $-3.17M $-478.00K
Change in Inventory $402.00K $1.83M
Change in Payables $-3.65M $6.79M
Operating Cash Flow $3.60M $2.66M
Capital Expenditure $74.00K $157.00K
Investing Cash Flow $-74.00K $-157.00K
Debt Repayment $1.11M $779.00K
Stock Issued - $19.00K
Financing Cash Flow $-1.44M $-2.35M

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.

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