$37.73K
Revenue
$-10.58M
Net Income
-60.11%
Gross Margin
-28978.98%
Op. Margin
$-15.80M
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 | - | $24.45K | $1.27K | $12.00K | $5.41K | $554.00 | $1.33K |
| Revenue Growth % (YoY) | -100.0% | 4313.4% | -4.2% | nan% | nan% | nan% | nan% |
| Cost of Revenue | - | $26.07K | $3.48K | $30.86K | $5.93K | $1.51K | $17.47K |
| Gross Profit | - | $-1.62K | $-2.20K | $-18.86K | $-518.00 | $-957.00 | $-16.14K |
| Gross Margin % | nan% | -6.6% | -172.7% | -157.1% | -9.6% | -172.7% | -1212.8% |
| Operating Expenses | $1.95M | $3.02M | $3.14M | $2.81M | $2.76M | $2.90M | $2.87M |
| Research & Development | $786.04K | $1.79M | $1.90M | $1.57M | $1.59M | $1.68M | $1.56M |
| Operating Income | $-1.95M | $-3.02M | $-3.14M | $-2.82M | $-2.76M | $-2.90M | $-2.89M |
| Operating Margin % | nan% | -12353.0% | -246313.2% | -23534.4% | -51009.2% | -523399.1% | -216830.4% |
| Net Income | $-1.90M | $-2.94M | $-3.04M | $-2.70M | $-2.60M | $-2.69M | $-2.66M |
| Net Margin % | nan% | -12027.2% | -238177.6% | -22519.6% | -47998.8% | -485622.4% | -200004.9% |
| Basic EPS | nan | -0.32 | -0.33 | -0.30 | -0.29 | -0.31 | -0.31 |
| Basic Shares Outstanding | 11K | 9.2M | 9.1M | 9.1M | 295K | 8.8M | 8.5M |
| 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 | $6.13M | $8.39M | $11.11M | $13.70M | $15.84M | $18.66M | $20.06M |
| Accounts Receivable | $24.00K | $31.50K | $8.18K | $8.54K | $692.00 | $1.33K | $1.33K |
| Inventory | $9.70K | $65.09K | $77.39K | $89.34K | $96.41K | $60.13K | $79.66K |
| Other Current Assets | $57.26K | $184.23K | $233.53K | $313.03K | $34.23K | $303.92K | $317.19K |
| Total Current Assets | $6.54M | $8.67M | $11.42M | $14.11M | $16.30M | $19.02M | $20.46M |
| Property Plant & Equipment | $376.72K | $408.68K | $382.45K | $389.58K | $415.23K | $447.19K | $351.53K |
| Intangible Assets | $2.69M | $2.68M | $2.68M | $2.62M | $2.61M | $2.61M | $2.59M |
| Other Non-current Assets | $44.46K | $44.46K | $17.79K | $18.57K | $19.35K | $20.13K | $18.73K |
| Total Assets | $10.05M | $12.23M | $14.95M | $17.59M | $19.83M | $22.60M | $23.42M |
| Accounts Payable | $408.40K | $229.20K | $152.72K | $155.71K | $104.12K | $76.05K | $230.63K |
| Accrued Liabilities | $471.33K | $568.67K | $663.64K | $455.22K | $374.01K | $750.44K | $649.19K |
| Total Current Liabilities | $973.16K | $888.52K | $904.27K | $696.20K | $560.81K | $906.64K | $879.82K |
| Other Non-current Liabilities | $886.54K | $929.25K | $946.96K | $989.67K | $1.01M | $1.05M | $1.07M |
| Total Liabilities | $2.17M | $2.15M | $2.21M | $2.07M | $1.97M | $2.38M | $1.95M |
| Common Stock | $8.54K | $8.51K | $8.50K | $8.35K | $8.34K | $8.14K | $7.70K |
| Retained Earnings | $-118.05M | $-116.15M | $-113.21M | $-110.17M | $-107.47M | $-104.87M | $-102.18M |
| Total Stockholders Equity | $7.88M | $10.07M | $12.74M | $15.53M | $17.86M | $20.22M | $21.47M |
| Total Liabilities & Equity | $10.05M | $12.23M | $14.95M | $17.59M | $19.83M | $22.60M | $23.42M |
| 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 | $-1.90M | $-2.94M | $-3.04M | $-2.70M | $-2.60M | $-2.69M | $-5.13M |
| Depreciation & Amortization | $95.09K | $276.33K | $182.11K | $90.48K | $90.11K | $250.94K | $163.87K |
| Stock-based Compensation | $-268.67K | $997.84K | $714.62K | $384.60K | $432.45K | $1.16M | $745.60K |
| Change in Receivables | $-7.50K | $30.81K | $7.48K | $7.84K | $-634.00 | $-68.67K | $-68.67K |
| Change in Inventory | $-19.40K | $-31.32K | $-19.02K | $-7.07K | $36.28K | $-21.32K | $-1.79K |
| Change in Payables | $179.20K | $125.08K | $48.60K | $51.59K | $28.06K | $-329.05K | $-174.46K |
| Operating Cash Flow | $-2.16M | $-6.97M | $-4.43M | $-2.07M | $-2.55M | $-6.19M | $-3.97M |
| Capital Expenditure | $8.15K | $111.33K | $41.13K | $11.32K | $3.81K | $193.46K | $64.04K |
| Investing Cash Flow | $-72.76K | $-376.74K | $-220.34K | $-69.88K | $-61.33K | $-445.10K | $-239.00K |
| Stock Issued | - | - | - | - | - | $15.72M | $15.72M |
| Financing Cash Flow | $-30.10K | $-98.72K | $-91.66K | $-9.35K | $-201.87K | $16.82M | $15.80M |
| Net Change in Cash | $-2.27M | $-7.45M | $-4.74M | $-2.15M | $-2.81M | $10.18M | $11.59M |
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 | $24.45K | - | $37.73K | - |
| Cost of Revenue | $26.07K | - | $60.41K | - |
| Gross Profit | $-1.62K | - | $-22.68K | - |
| Operating Expenses | $3.02M | - | $8.96M | - |
| Research & Development | $1.79M | - | $5.26M | - |
| Operating Income | $-3.02M | - | $-8.99M | - |
| Net Income | $-2.94M | $-2.66M | $-8.68M | - |
| Basic EPS | -0.32 | - | -0.95 | - |
| Basic Shares Outstanding | $9.15M | - | $9.12M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $8.39M | $15.84M |
| Accounts Receivable | $31.50K | $692.00 |
| Inventory | $65.09K | $96.41K |
| Other Current Assets | $184.23K | $356.66K |
| Total Current Assets | $8.67M | $16.30M |
| Property Plant & Equipment | $408.68K | $415.23K |
| Intangible Assets | $2.68M | $2.61M |
| Other Non-current Assets | $44.46K | $19.35K |
| Total Assets | $12.23M | $19.83M |
| Accounts Payable | $229.20K | $104.12K |
| Accrued Liabilities | $568.67K | $374.01K |
| Total Current Liabilities | $888.52K | $560.81K |
| Other Non-current Liabilities | $929.25K | $1.01M |
| Total Liabilities | $2.15M | $1.97M |
| Common Stock | $8.51K | $8.34K |
| Retained Earnings | $-116.15M | $-107.47M |
| Total Stockholders Equity | $10.07M | $17.86M |
| Total Liabilities & Equity | $12.23M | $19.83M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-2.94M | $-2.66M | $-8.68M | - |
| Depreciation & Amortization | - | - | $276.33K | - |
| Stock-based Compensation | - | - | $997.84K | - |
| Change in Receivables | - | - | $30.81K | - |
| Change in Inventory | - | - | $-31.32K | - |
| Change in Payables | - | - | $125.08K | - |
| Operating Cash Flow | - | - | $-6.97M | - |
| Capital Expenditure | - | - | $111.33K | - |
| Investing Cash Flow | - | - | $-376.74K | - |
| Stock Issued | - | - | - | - |
| Financing Cash Flow | - | - | $-98.72K | - |
| Net Change in Cash | - | - | $-7.45M | - |
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.