$33.04M
Revenue
$-1.13M
Net Income
18.02%
Gross Margin
-1.53%
Op. Margin
$-7.72M
Free Cash Flow
| Breakdown | Q3 2026 (Dec 31, 2025) |
Q2 2026 (Sep 30, 2025) |
Q1 2026 (Jun 30, 2025) |
Q4 2025 (Mar 31, 2025) |
Q3 2025 (Dec 31, 2024) |
Q2 2025 (Sep 30, 2024) |
|---|---|---|---|---|---|---|
| Total Revenue | $7.09M | $9.09M | $7.38M | $9.48M | $7.62M | $8.95M |
| Revenue Growth % (YoY) | -6.9% | 1.6% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $6.71M | $6.63M | $6.35M | $7.39M | $6.63M | $7.93M |
| Gross Profit | $381.00K | $2.46M | $1.03M | $2.08M | $991.00K | $1.01M |
| Gross Margin % | 5.4% | 27.1% | 14.0% | 22.0% | 13.0% | 11.3% |
| Selling General & Admin | $1.73M | $1.52M | $1.49M | $1.72M | $1.69M | $1.50M |
| Operating Income | $-1.35M | $942.00K | $-463.00K | $367.00K | $-696.00K | $-488.00K |
| Operating Margin % | -19.1% | 10.4% | -6.3% | 3.9% | -9.1% | -5.5% |
| Interest Expense | $294.00K | $190.00K | $110.00K | $114.00K | $324.00K | $207.00K |
| Other Income/Expense | $2.00K | $1.00K | $1.00K | $-108.00K | $-103.00K | $-113.00K |
| Income Before Tax | $-1.47M | $825.00K | $-597.00K | $110.00K | $-799.00K | $-601.00K |
| Income Tax Expense | - | - | - | - | - | - |
| Net Income | $-1.47M | $825.00K | $-597.00K | $112.00K | $-799.00K | $-601.00K |
| Net Margin % | -20.8% | 9.1% | -8.1% | 1.2% | -10.5% | -6.7% |
| Basic EPS | -0.15 | 0.08 | -0.06 | 0.01 | -0.08 | -0.06 |
| Diluted EPS | -0.15 | 0.08 | -0.06 | 0.01 | -0.08 | -0.06 |
| Basic Shares Outstanding | 10.0M | 9.9M | 9.8M | 70K | 9.6M | 9.6M |
| Diluted Shares Outstanding | 10.0M | 10.2M | 9.8M | 70K | 9.6M | 9.6M |
| Breakdown | Q3 2026 (Dec 31, 2025) |
Q2 2026 (Sep 30, 2025) |
Q1 2026 (Jun 30, 2025) |
Q4 2025 (Mar 31, 2025) |
Q3 2025 (Dec 31, 2024) |
Q2 2025 (Sep 30, 2024) |
|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $50.00K | $220.00K | $143.00K | $195.00K | $165.00K | $132.00K |
| Accounts Receivable | $2.66M | $3.10M | $2.79M | $2.19M | $1.97M | $2.39M |
| Other Current Assets | $515.00K | $552.00K | $405.00K | $490.00K | $375.00K | $459.00K |
| Total Current Assets | $17.56M | $17.73M | $15.64M | $15.35M | $14.13M | $15.88M |
| Property Plant & Equipment | $11.37M | $12.09M | $12.30M | $13.79M | $13.46M | $14.38M |
| Other Non-current Assets | $122.00K | $122.00K | $122.00K | $122.00K | $121.00K | $122.00K |
| Total Assets | $32.80M | $33.84M | $32.14M | $33.53M | $32.16M | $35.01M |
| Accounts Payable | $2.25M | $3.12M | $2.62M | $2.44M | $1.83M | $3.15M |
| Accrued Liabilities | $3.59M | $3.27M | $3.69M | $3.69M | $3.34M | $3.94M |
| Deferred Revenue | $3.15M | $1.44M | $1.96M | $1.04M | $2.67M | $2.52M |
| Total Current Liabilities | $18.05M | $17.44M | $16.39M | $16.92M | $15.88M | $17.41M |
| Long-term Debt | - | - | - | $3.00K | $19.00K | - |
| Other Non-current Liabilities | $3.70M | $4.05M | $4.10M | $4.23M | $4.32M | $4.69M |
| Total Liabilities | $24.82M | $24.74M | $23.93M | $24.79M | $24.06M | $26.13M |
| Common Stock | $1.00K | $1.00K | $1.00K | $1.00K | $1.00K | $1.00K |
| Retained Earnings | $-11.39M | $-9.92M | $-10.74M | $-10.15M | $-10.26M | $-9.46M |
| Total Stockholders Equity | $7.98M | $9.11M | $8.21M | $8.74M | $8.10M | $8.88M |
| Total Liabilities & Equity | $32.80M | $33.84M | $32.14M | $33.53M | $32.16M | $35.01M |
| Breakdown | Q3 2026 (Dec 31, 2025) |
Q2 2026 (Sep 30, 2025) |
Q1 2026 (Jun 30, 2025) |
Q4 2025 (Mar 31, 2025) |
Q3 2025 (Dec 31, 2024) |
Q2 2025 (Sep 30, 2024) |
|---|---|---|---|---|---|---|
| Net Income | $-1.47M | $825.00K | $-597.00K | $112.00K | $-799.00K | $-601.00K |
| Depreciation & Amortization | $2.10M | $1.40M | $701.00K | $703.00K | $2.09M | $1.39M |
| Stock-based Compensation | $522.00K | $139.00K | $69.00K | $63.00K | $40.00K | $18.00K |
| Change in Receivables | $411.00K | $910.00K | $602.00K | $191.00K | $-401.00K | $16.00K |
| Change in Inventory | $41.00K | $840.00K | $337.00K | $-318.00K | $-50.00K | $110.00K |
| Change in Payables | $-191.00K | $685.00K | $178.00K | $604.00K | $425.00K | $1.74M |
| Operating Cash Flow | $-253.00K | $-436.00K | $646.00K | $396.00K | $-995.00K | $-425.00K |
| Capital Expenditure | $3.25M | $2.25M | $1.25M | $1.33M | $2.80M | $1.62M |
| Investing Cash Flow | $878.00K | $662.00K | $976.00K | $-851.00K | $-230.00K | $-622.00K |
| Debt Repayment | $508.00K | $336.00K | $169.00K | $173.00K | $481.00K | $309.00K |
| Financing Cash Flow | $-770.00K | $-201.00K | $-1.67M | $485.00K | $1.25M | $1.04M |
| Net Change in Cash | $-145.00K | $25.00K | $-52.00K | $30.00K | $27.00K | $-6.00K |
SEC Filing Format - Data shown as it appears in the Q3 2026 (10-Q) filing
Period ended: Dec 31, 2025
Condensed Consolidated Statements of Operations
| Description | Dec 31, 2025 | Dec 31, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $7.09M | - | $23.56M | - |
| Cost of Revenue | $6.71M | - | $19.69M | - |
| Gross Profit | $381.00K | - | $3.87M | - |
| Selling General & Admin | $1.73M | - | $4.74M | - |
| Operating Income | $-1.35M | - | $-873.00K | - |
| Interest Expense | $121.00K | - | $294.00K | - |
| Other Income/Expense | $-121.00K | - | $2.00K | - |
| Income Before Tax | $-1.47M | - | $-1.25M | - |
| Net Income | $-1.47M | $-601.00K | $-1.25M | - |
| Basic EPS | -0.15 | - | -0.13 | - |
| Diluted EPS | -0.15 | - | -0.13 | - |
Condensed Consolidated Balance Sheets
| Description | Dec 31, 2025 | Mar 31, 2025 |
|---|---|---|
| Cash & Cash Equivalents | $50.00K | $195.00K |
| Accounts Receivable | $2.66M | $2.19M |
| Other Current Assets | $515.00K | $490.00K |
| Total Current Assets | $17.56M | $15.35M |
| Property Plant & Equipment | $11.37M | $13.79M |
| Other Non-current Assets | $122.00K | $122.00K |
| Total Assets | $32.80M | $33.53M |
| Accounts Payable | $2.25M | $2.44M |
| Accrued Liabilities | $3.59M | $3.69M |
| Deferred Revenue | $3.15M | $1.04M |
| Total Current Liabilities | $18.05M | $16.92M |
| Long-term Debt | - | $3.00K |
| Other Non-current Liabilities | $3.70M | $4.23M |
| Total Liabilities | $24.82M | $24.79M |
| Common Stock | $1.00K | $1.00K |
| Retained Earnings | $-11.39M | $-10.15M |
| Total Stockholders Equity | $7.98M | $8.74M |
| Total Liabilities & Equity | $32.80M | $33.53M |
Condensed Consolidated Statements of Cash Flows
| Description | Dec 31, 2025 | Dec 31, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-1.47M | $-601.00K | $-1.25M | - |
| Depreciation & Amortization | $694.00K | - | $2.10M | - |
| Stock-based Compensation | - | - | $522.00K | - |
| Change in Receivables | - | - | $411.00K | - |
| Change in Inventory | - | - | $41.00K | - |
| Change in Payables | - | - | $-191.00K | - |
| Operating Cash Flow | - | - | $-253.00K | - |
| Capital Expenditure | - | - | $3.25M | - |
| Investing Cash Flow | - | - | $878.00K | - |
| Debt Repayment | - | - | $508.00K | - |
| Financing Cash Flow | - | - | $-770.00K | - |
| Net Change in Cash | - | - | $-145.00K | - |
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.