$78.94M
Revenue
$-10.95M
Net Income
5.69%
Gross Margin
-12.57%
Op. Margin
$187.82K
Free Cash Flow
| Breakdown | TTM (Sep 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $78.94M | $75.84M | $86.55M | $100.35M | $160.88M | $117.61M | $86.75M | $117.02M | $134.74M | $135.30M | $137.04M |
| Revenue Growth % | 4.1% | -12.4% | -13.8% | -37.6% | 36.8% | 35.6% | -25.9% | -13.2% | -0.4% | -1.3% | nan% |
| Cost of Revenue | $74.45M | $69.15M | $85.55M | $95.60M | - | - | - | $97.07M | $109.21M | $107.44M | $114.26M |
| Gross Profit | $4.49M | $6.69M | $999.88K | $4.75M | $11.02M | $13.68M | $5.82M | $19.96M | $25.53M | $27.86M | $22.78M |
| Gross Margin % | 5.7% | 8.8% | 1.2% | 4.7% | 6.8% | 11.6% | 6.7% | 17.1% | 18.9% | 20.6% | 16.6% |
| Selling General & Admin | $14.32M | $14.80M | $9.08M | $10.06M | $9.56M | $9.78M | $13.10M | $11.31M | $12.40M | $9.66M | $4.86M |
| Operating Income | $-9.93M | $-8.21M | $-9.58M | $-5.30M | $1.46M | $3.90M | $-11.18M | $4.68M | $12.95M | $18.20M | $17.41M |
| Operating Margin % | -12.6% | -10.8% | -11.1% | -5.3% | 0.9% | 3.3% | -12.9% | 4.0% | 9.6% | 13.4% | 12.7% |
| Interest Expense | $2.26M | $1.81M | $984.52K | $1.03M | $1.12M | $926.37K | $1.49M | $2.43M | $2.62M | $3.16M | $1.45M |
| Interest Income | $6.59K | $14.79K | $315.10K | $24.26K | $38.77K | $64.72K | $36.63K | $34.59K | $96.98K | $70.32K | $149.78K |
| Income Before Tax | $-10.52M | $-8.96M | $-9.60M | $-4.86M | - | $3.30M | $-12.40M | $2.32M | $10.43M | $15.67M | $16.14M |
| Income Tax Expense | - | $879.19K | $346.95K | $11.71M | $5.55M | $1.08M | $-1.85M | $662.83K | $3.11M | $4.12M | $4.43M |
| Net Income | $-10.95M | $-9.84M | $-9.95M | $-16.57M | $905.53K | $2.22M | $-10.55M | $1.66M | $7.31M | $11.54M | $11.71M |
| Net Margin % | -13.9% | -13.0% | -11.5% | -16.5% | 0.6% | 1.9% | -12.2% | 1.4% | 5.4% | 8.5% | 8.5% |
| Basic EPS | -1.02 | -0.98 | -0.99 | -1.66 | 0.10 | nan | nan | nan | 0.34 | 0.57 | 0.61 |
| Diluted EPS | -1.02 | -0.98 | -0.99 | -1.66 | 0.10 | nan | nan | nan | 0.34 | 0.57 | 0.61 |
| Basic Shares Outstanding | 13.6M | 10.1M | 10.1M | 10.0M | 9.1M | - | - | - | 21.4M | 20.3M | 19.3M |
| Diluted Shares Outstanding | 13.6M | 10.1M | 10.1M | 10.0M | 9.1M | - | - | - | 21.4M | 20.3M | 19.3M |
| Breakdown | FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $5.92M | $3.92M | $9.52M | $11.20M | $5.84M | $12.12M | $2.90M | $2.33M | $2.64M | $3.89M |
| Accounts Receivable | $287.58K | $575.53K | - | $4.87M | $3.12M | $2.88M | $1.84M | $3.89M | $1.90M | $3.73M |
| Inventory | $2.35M | $3.56M | $2.87M | $5.84M | $1.61M | $2.92M | $8.47M | $5.63M | $9.21M | $7.14M |
| Other Current Assets | $17.95M | $18.98M | $27.21M | $25.80M | $11.61M | $6.24M | $651.52K | $455.89K | $1.81M | $2.92M |
| Total Current Assets | $28.46M | $28.36M | $47.17M | $55.52M | $24.04M | $24.16M | $19.99M | $14.48M | $26.34M | $26.55M |
| Property Plant & Equipment | $146.91M | $163.97M | $151.57M | $126.59M | $151.62M | $167.83M | $189.39M | $187.69M | $206.19M | $208.21M |
| Total Assets | $177.55M | $194.74M | $204.45M | $241.54M | $190.20M | $203.08M | $218.99M | $208.38M | $238.63M | $239.77M |
| Accounts Payable | $1.00 | $4.99K | $5.03K | $10.26K | $250.49K | $629.05K | $422.70K | $559.95K | $253.43K | - |
| Short-term Debt | $4.45M | $423.57K | - | - | - | - | - | - | - | - |
| Total Current Liabilities | $20.15M | $21.42M | $17.64M | $20.43M | $16.84M | $29.63M | $21.76M | $20.59M | $40.24M | $44.47M |
| Long-term Debt | $1.11M | $4.50M | $4.20M | - | - | - | - | - | $3.22M | $4.09M |
| Total Liabilities | $21.50M | $26.41M | $23.12M | $25.79M | $24.20M | $36.53M | $33.66M | $35.62M | $62.82M | $64.82M |
| Common Stock | $10.07K | $10.07K | $10.07K | $99.05K | $22.68K | $22.36K | $21.45K | $21.45K | $20.32K | $20.32K |
| Retained Earnings | $73.79M | $83.63M | $93.58M | - | - | - | - | - | - | - |
| Total Stockholders Equity | $156.05M | $168.34M | $181.32M | $215.75M | $166.00M | $166.55M | $185.33M | $172.76M | $175.81M | $174.95M |
| Total Liabilities & Equity | $177.55M | $194.74M | $204.45M | $241.54M | $190.20M | $203.08M | $218.99M | $208.38M | $238.63M | $239.77M |
| Breakdown | TTM (Sep 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-10.95M | $-9.84M | $-9.95M | $-16.57M | $905.53K | $2.22M | $-10.55M | $1.66M | $7.31M | $11.54M | $11.71M |
| Depreciation & Amortization | $25.18M | $14.22M | $14.23M | $14.79M | $15.36M | $15.30M | $14.29M | $14.63M | $15.29M | $13.40M | $8.29M |
| Stock-based Compensation | - | - | - | $156.00K | - | - | $470.36K | - | $1.42M | - | - |
| Deferred Income Tax | - | - | - | $10.26M | $2.73M | $-2.37M | $-2.09M | $-3.01M | $-1.96M | $-1.20M | $398.38K |
| Change in Receivables | $3.87M | $-240.35K | $-280.97K | $-3.75M | $2.43M | $-294.88K | $1.18M | $-2.27M | $2.25M | $-1.71M | $413.16K |
| Change in Inventory | $3.89M | $-432.19K | $736.27K | $-2.55M | $4.53M | $1.21M | $-5.32M | $2.42M | $-3.11M | $2.58M | $-4.26M |
| Change in Payables | - | - | $50.00 | $-4.50K | - | $-372.73K | $234.45K | $-166.46K | $336.51K | $263.72K | $-921.58K |
| Operating Cash Flow | $270.52K | $6.30M | $12.87M | $10.72M | $-2.44M | $7.53M | $9.79M | $18.15M | $15.28M | $21.20M | $32.31M |
| Capital Expenditure | $82.70K | $329.61K | $22.29M | $4.53M | $25.07M | - | $2.20M | $9.38M | $11.59M | $19.33M | $39.21M |
| Acquisitions | - | - | - | $6.36M | - | - | - | - | - | - | - |
| Investing Cash Flow | $-78.50K | $-329.61K | $-22.24M | $-10.90M | $-25.07M | $-7.87M | $-2.20M | $-9.32M | $-11.55M | $-19.33M | $-36.28M |
| Stock Issued | - | - | - | - | - | $-1.45M | - | - | - | - | $2.31M |
| Financing Cash Flow | $2.74M | $-3.26M | $4.41M | $-879.60K | $34.19M | $-5.77M | $-3.17M | $-8.62M | $-3.68M | $-2.80M | $4.73M |
| Net Change in Cash | $2.91M | $2.56M | $-5.13M | $-1.68M | $7.06M | $-6.28M | $3.10M | $563.14K | $-309.27K | $-1.25M | $760.31K |
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 | $25.60M | $25.08M | $61.29M | $58.20M |
| Cost of Revenue | $23.58M | $23.16M | $57.91M | $52.61M |
| Gross Profit | $2.02M | $1.92M | $3.38M | $5.58M |
| Selling General & Admin | $3.02M | $3.38M | $9.52M | $10.00M |
| Operating Income | $-992.63K | $-1.46M | $-6.13M | $-4.42M |
| Interest Expense | $150.70K | $171.43K | $434.71K | $382.49K |
| Interest Income | $1.15K | $7.31K | $4.10K | $12.30K |
| Income Before Tax | $-1.14M | $-1.63M | $-6.55M | $-5.00M |
| Income Tax Expense | $306.36K | $345.71K | $353.19K | $799.27K |
| Net Income | $-1.45M | $-1.97M | $-6.90M | $-5.80M |
| Basic EPS | -0.11 | -0.20 | -0.51 | -0.58 |
| Diluted EPS | -0.11 | -0.20 | -0.51 | -0.58 |
| Basic Shares Outstanding | $13.62M | $10.07M | $13.62M | $10.07M |
| Diluted Shares Outstanding | $13.62M | $10.07M | $13.62M | $10.07M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $8.07M | $5.92M |
| Accounts Receivable | $2.08M | $287.58K |
| Inventory | $3.90M | $2.35M |
| Other Current Assets | $19.65M | $17.95M |
| Total Current Assets | $35.76M | $28.46M |
| Property Plant & Equipment | $137.90M | $146.91M |
| Total Assets | $175.70M | $177.55M |
| Accounts Payable | - | $1.00 |
| Short-term Debt | $5.09M | $4.45M |
| Deferred Revenue | $11.91K | $11.77K |
| Total Current Liabilities | $18.67M | $20.15M |
| Long-term Debt | $4.73M | $1.11M |
| Total Liabilities | $23.65M | $21.50M |
| Common Stock | $16.96K | $10.07K |
| Retained Earnings | $66.88M | $73.79M |
| Total Stockholders Equity | $152.05M | $156.05M |
| Total Liabilities & Equity | $175.70M | $177.55M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-1.45M | $-1.97M | $-6.90M | $-5.80M |
| Depreciation & Amortization | - | - | $10.66M | $10.35M |
| Deferred Income Tax | - | - | - | - |
| Change in Receivables | - | - | $1.81M | $1.16M |
| Change in Inventory | - | - | $1.48M | $2.11M |
| Change in Payables | - | - | $-1.00 | $-4.98K |
| Operating Cash Flow | - | - | $388.45K | $2.83M |
| Capital Expenditure | - | - | $29.98K | $315.15K |
| Investing Cash Flow | - | - | $-25.79K | $-315.15K |
| Financing Cash Flow | - | - | $1.65M | $-2.11M |
| Net Change in Cash | - | - | $2.17M | $500.99K |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.