$1.98M
Revenue
$-1.12M
Net Income
83.05%
Gross Margin
-48.42%
Op. Margin
$2.29M
Free Cash Flow
| Breakdown | TTM (Sep 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
|---|---|---|---|---|---|---|
| Total Revenue | $1.98M | $639.89K | $26.11M | $50.62M | $47.99M | $37.61M |
| Revenue Growth % | 210.2% | -97.5% | -48.4% | 5.5% | 27.6% | nan% |
| Cost of Revenue | $336.42K | $432.63K | $25.64M | $38.70M | $34.38M | $26.71M |
| Gross Profit | $1.65M | $207.26K | $470.89K | $11.93M | $13.61M | $10.91M |
| Gross Margin % | 83.0% | 32.4% | 1.8% | 23.6% | 28.4% | 29.0% |
| Operating Expenses | $2.61M | $4.44M | $17.68M | $26.97M | $18.43M | $14.13M |
| Research & Development | - | $113.29K | $3.45M | $5.82M | $3.83M | $2.24M |
| Operating Income | $-960.98K | $-4.24M | $-17.21M | $-15.05M | $-4.82M | $-3.22M |
| Operating Margin % | -48.4% | -661.9% | -65.9% | -29.7% | -10.0% | -8.6% |
| Interest Expense | - | - | $385.95K | $394.62K | $48.55K | $48.40K |
| Interest Income | - | $82.00 | $2.55K | $457.00 | $1.08K | $13.97K |
| Other Income/Expense | - | - | $-1.32K | $2.30K | $-21.36K | $4.72K |
| Income Before Tax | $-978.73K | $-4.24M | $-17.59M | $-15.44M | $-3.83M | $-3.25M |
| Income Tax Expense | - | $11.22K | $42.62K | $112.35K | $26.72K | $24.86K |
| Net Income | $-1.12M | $-4.22M | $-17.63M | $-15.55M | $-3.86M | $-3.28M |
| Net Margin % | -56.4% | -660.2% | -67.5% | -30.7% | -8.0% | -8.7% |
| Basic EPS | -0.06 | -1.34 | -9.08 | -0.34 | nan | nan |
| Diluted EPS | -0.06 | -1.34 | -9.08 | -8.38 | nan | nan |
| Basic Shares Outstanding | 6.3M | 3.2M | 1.9M | 46.4M | - | - |
| Diluted Shares Outstanding | 6.3M | 3.2M | 1.9M | 1.9M | - | - |
| Breakdown | FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $30.16K | $709.32K | $530.11K | $771.76K | $1.22M |
| Accounts Receivable | - | $701.38K | $2.76M | $9.20M | $4.07M |
| Inventory | - | $9.95M | $25.42M | $16.50M | $7.44M |
| Other Current Assets | $134.76K | $35.77K | $360.74K | $399.12K | $267.91K |
| Total Current Assets | $164.92K | $11.40M | $29.56M | $27.68M | $13.15M |
| Property Plant & Equipment | $119.87K | $432.50K | $636.97K | $455.07K | $303.10K |
| Goodwill | - | - | - | $58.87K | - |
| Intangible Assets | - | $33.25K | $73.30K | $388.63K | - |
| Other Non-current Assets | $22.25K | $472.59K | $511.80K | $942.40K | $349.33K |
| Total Assets | $307.04K | $12.36M | $30.96M | $29.61M | $13.90M |
| Accounts Payable | $143.41K | $11.14M | $2.84M | $11.74M | $5.02M |
| Accrued Liabilities | $293.61K | $1.08M | $4.44M | $7.47M | $2.67M |
| Deferred Revenue | - | - | $633.54K | - | - |
| Total Current Liabilities | $437.03K | $12.24M | $13.82M | $21.78M | $7.79M |
| Long-term Debt | - | - | - | $15.24K | - |
| Total Liabilities | - | $12.24M | $14.62M | $21.82M | $7.79M |
| Common Stock | $490.14K | $479.33K | $469.49K | $350.75K | $209.30K |
| Retained Earnings | $-96.69M | $-92.47M | $-74.83M | $-57.09M | $-40.60M |
| Total Stockholders Equity | $-129.99K | $115.92K | $16.34M | $7.79M | $6.11M |
| Total Liabilities & Equity | $307.04K | $12.36M | $30.96M | $29.61M | $13.90M |
| Breakdown | TTM (Sep 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
|---|---|---|---|---|---|---|
| Net Income | $-1.49M | $-4.22M | $-17.63M | $-15.55M | $-3.86M | $-3.28M |
| Depreciation & Amortization | $403.98K | $347.67K | $612.14K | $837.23K | $235.77K | $315.46K |
| Stock-based Compensation | - | $897.16K | $279.39K | $1.17M | $440.86K | $505.19K |
| Change in Receivables | - | $-1.01M | $-1.88M | $-2.22M | $4.97M | $1.57M |
| Change in Inventory | - | $-404.30K | $-15.46M | $-6.69M | $8.87M | $-468.34K |
| Change in Payables | $-346.90K | $-3.25M | $8.31M | $-9.62M | - | - |
| Operating Cash Flow | $2.29M | $-3.77M | $4.85M | $-12.17M | $-7.09M | $-1.54M |
| Capital Expenditure | - | - | $162.27K | $276.67K | $302.52K | $174.25K |
| Investing Cash Flow | - | $11.64K | $-381.87K | $-695.02K | $-578.09K | $-484.25K |
| Financing Cash Flow | $8.77M | $3.08M | $-4.79M | $824.75K | $7.88M | $3.26M |
| Net Change in Cash | - | - | - | - | $204.86K | $1.24M |
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 | $1.94M | - | $1.98M | - |
| Cost of Revenue | $291.74K | - | $336.42K | - |
| Gross Profit | $1.65M | - | $1.65M | - |
| Operating Expenses | $1.75M | - | $2.76M | - |
| Research & Development | - | - | $47.42K | - |
| Operating Income | $-100.61K | - | $-1.11M | - |
| Interest Expense | $3.25K | - | $8.67K | - |
| Other Income/Expense | $-12.19K | - | $-17.75K | - |
| Income Before Tax | $-112.80K | - | $-1.13M | - |
| Income Tax Expense | $140.19K | - | $140.19K | - |
| Net Income | $-252.99K | $-487.91K | $-1.27M | - |
| Basic EPS | -0.04 | - | -0.25 | - |
| Diluted EPS | -0.04 | - | -0.25 | - |
| Basic Shares Outstanding | $6.30M | - | $5.04M | - |
| Diluted Shares Outstanding | $6.30M | - | $5.04M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $5.91M | $30.16K |
| Accounts Receivable | $187.35K | - |
| Other Current Assets | $205.94K | $134.76K |
| Total Current Assets | $6.73M | $164.92K |
| Property Plant & Equipment | $322.80K | $119.87K |
| Other Non-current Assets | $89.72K | $22.25K |
| Total Assets | $8.51M | $307.04K |
| Accounts Payable | $146.95K | $143.41K |
| Total Current Liabilities | $4.60M | $437.03K |
| Total Liabilities | $4.60M | $437.03K |
| Common Stock | $62.96K | $37.14K |
| Retained Earnings | $-97.96M | $-96.69M |
| Total Stockholders Equity | $3.91M | $-129.99K |
| Total Liabilities & Equity | $8.51M | $307.04K |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-252.99K | $-487.91K | $-1.27M | - |
| Depreciation & Amortization | - | - | $224.79K | - |
| Stock-based Compensation | - | - | $76.67K | - |
| Change in Receivables | - | - | $187.35K | - |
| Change in Inventory | - | - | - | - |
| Change in Payables | - | - | $3.53K | - |
| Operating Cash Flow | - | - | $2.48M | - |
| Capital Expenditure | - | - | $6.09K | - |
| Investing Cash Flow | - | - | $-906.10K | - |
| Stock Issued | - | - | $4.00M | - |
| Financing Cash Flow | - | - | $4.30M | - |
| Net Change in Cash | - | - | $5.88M | - |
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.