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Customize Items
-
Revenue
$-4.88M
Net Income
-
Gross Margin
-
Op. Margin
$-29.23M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 13 of 13 annual reports available (2012 - 2025)
Breakdown TTM
(Sep 30, 2025)
FY 2025
(Sep 30, 2025)
FY 2024
(Sep 30, 2024)
FY 2023
(Sep 30, 2023)
FY 2022
(Sep 30, 2022)
FY 2021
(Sep 30, 2021)
FY 2020
(Sep 30, 2020)
FY 2019
(Sep 30, 2019)
FY 2018
(Sep 30, 2018)
FY 2016
(Sep 30, 2016)
FY 2015
(Sep 30, 2015)
FY 2014
(Sep 30, 2014)
FY 2013
(Sep 30, 2013)
FY 2012
(Jul 31, 2012)
+ Total Revenue - $10.30M $1.93M $3.35M $3.11M $1.93M $1.40M $1.79M $1.39M $455.49K $115.02K $71.76K $122.23K -
Revenue Growth % nan% 433.5% -42.4% 7.7% 61.4% 37.3% -21.8% 29.1% 204.9% 296.0% 60.3% -41.3% nan% nan%
Cost of Revenue - $10.17M $1.90M $3.34M $3.22M $2.01M $1.64M $1.50M $1.32M $408.15K $72.07K $59.01K $155.25K -
+ Gross Profit - $125.84K $32.17K $8.82K $-110.41K $-80.09K $-238.95K $295.12K $67.22K $47.34K $42.95K $12.76K $-33.02K -
Gross Margin % nan% 1.2% 1.7% 0.3% -3.6% -4.2% -17.0% 16.5% 4.8% 10.4% 37.3% 17.8% -27.0% nan%
Operating Expenses - $4.42M $6.43M $8.88M $11.29M $18.56M $9.09M $12.40M $3.69M $1.33M $1.51M $3.15M $1.07M -
Selling General & Admin - - - - $10.62M $17.08M - - - - - - - -
+ Operating Income $-5.20M $-5.20M $-10.86M $-8.87M $-11.40M $-18.64M $-9.33M $-12.10M $-3.62M $-1.29M $-1.47M - - -
Operating Margin % nan% -50.5% -562.8% -264.9% -366.7% -967.4% -665.2% -674.9% -260.5% -282.6% -1276.2% nan% nan% nan%
Interest Expense - - $1.96K $4.94K $6.32K $14.39K $21.24K $5.27K $2.47K $3.38K - $1.50M - -
Other Income/Expense $-309.12K $-309.12K $-665.79K $-246.16K - - - - - - - - $770.00 -
Income Before Tax - $4.89M $8.97M - - - - - - - - - - -
Income Tax Expense - $3.10K - - - - - - - - - - - -
+ Net Income $-4.88M $-4.88M $-8.97M $-8.75M $-11.80M $-18.55M $-9.48M $-12.19M $-3.57M $-1.28M $-1.47M $-3.14M $-1.10M $-28.01K
Net Margin % nan% -47.4% -464.8% -261.3% -379.4% -962.9% -675.4% -679.5% -257.0% -280.0% -1277.5% -4369.6% -898.3% nan%
Basic EPS -2.87 -2.80 -83.46 -11.95 -0.61 -1.13 nan nan nan nan nan nan nan nan
Diluted EPS -2.87 -2.80 -83.46 -11.95 -21.32 nan nan nan nan nan nan nan nan nan
Basic Shares Outstanding - 1.7M 108K 732K 19.4M 16.4M - - - - - - - -
Diluted Shares Outstanding - 1.7M 108K 732K 553K - - - - - - - - -
Breakdown FY 2025
(Sep 30, 2025)
FY 2024
(Sep 30, 2024)
FY 2023
(Sep 30, 2023)
FY 2022
(Sep 30, 2022)
FY 2021
(Sep 30, 2021)
FY 2020
(Sep 30, 2020)
FY 2019
(Sep 30, 2019)
FY 2018
(Sep 30, 2018)
FY 2016
(Sep 30, 2016)
FY 2015
(Sep 30, 2015)
FY 2014
(Sep 30, 2014)
FY 2013
(Sep 30, 2013)
FY 2012
(Jul 31, 2012)
Cash & Cash Equivalents $137.29K $464.22K $982.87K $8.32M $10.82M $4.40M $1.33M $1.81M $40.61K $107.68K $238.16K $1.11M $105.00
Accounts Receivable $55.26K - $586.88K $345.26K $555.24K $195.61K $540.31K $144.63K $57.71K $18.20K $5.21K $13.20K $33.00K
Inventory $11.89M $4.55M $998.07K $948.00K $573.46K $245.37K $500.99K $134.88K $206.36K $201.76K $50.88K - -
Other Current Assets $114.30K $185.43K $418.20K $547.77K $482.29K - $372.46K $134.63K $65.73K $21.53K - - -
Total Current Assets $17.13M $5.41M $3.38M $10.16M $12.41M $5.48M $2.74M $2.25M $370.41K $349.18K $363.35K $1.28M $33.10K
Property Plant & Equipment $2.20K $2.27K $309.56K $525.08K $692.02K $1.67M $1.88M $674.39K $151.95K $192.10K $33.37K $8.66K -
Goodwill - - - - - - - $17.11K - - - - -
Intangible Assets $2.20K $80.00K $110.00K $140.00K - - - $34.42K - - - - -
Other Non-current Assets - - $79.68K $77.96K $79.82K $80.56K $634.70K $1.67K - - - - -
Total Assets $74.18M $5.59M $4.44M $11.71M $13.74M $8.18M $5.25M $2.98M $522.35K $541.28K $396.71K $1.29M $33.10K
Accounts Payable $429.32K $1.10M - $113.71K $342.79K $49.78K $341.10K $268.28K $189.32K $65.52K $43.38K $55.82K -
Short-term Debt $447.16K - - - - - - - - - - - -
Accrued Liabilities $1.03M - - $706.49K $274.01K $703.07K $480.86K - - - - - -
Other Current Liabilities $22.25M $586.17K $25.76K $39.24K $138.63K $104.53K $531.86K $160.77K $7.34K $607.00 $8.18K $9.56K -
Total Current Liabilities $27.65M $6.24M $2.56M $1.60M $1.15M $1.23M $976.92K $476.07K $945.04K $666.13K $51.56K $115.39K $21.11K
Other Non-current Liabilities - - $47.94K $66.48K $65.80K $21.71K $1.75K - - - - - -
Total Liabilities $27.65M $6.24M $2.77M $1.97M $1.53M $1.79M $1.14M $570.45K - - - - -
Common Stock $99.00 $2.00 $8.00 $236.00 $178.00 $146.00 $137.00 $396.00 $311.00 $301.00 $306.00 $380.00 $62.00
Retained Earnings $-87.23M $-82.34M $-73.37M $-64.62M $-52.82M $-34.27M $-24.80M $-12.61M $-7.26M $-5.99M $4.52M $-1.38M $-36.01K
Treasury Stock - - - - - - - - $-69.11K $-77.37K $-105.00K - -
Total Stockholders Equity $45.74M $-650.67K $1.67M $9.74M $12.21M $6.39M $4.01M $2.32M $-422.69K $-124.85K $345.15K $1.17M $11.99K
Total Liabilities & Equity $74.18M $5.59M $4.44M $11.71M $13.74M $8.18M $5.25M $2.98M $522.35K $541.28K $396.71K $1.29M $33.10K
Breakdown TTM
(Sep 30, 2025)
FY 2025
(Sep 30, 2025)
FY 2024
(Sep 30, 2024)
FY 2023
(Sep 30, 2023)
FY 2022
(Sep 30, 2022)
FY 2021
(Sep 30, 2021)
FY 2020
(Sep 30, 2020)
FY 2019
(Sep 30, 2019)
FY 2018
(Sep 30, 2018)
FY 2016
(Sep 30, 2016)
FY 2015
(Sep 30, 2015)
FY 2014
(Sep 30, 2014)
FY 2013
(Sep 30, 2013)
FY 2012
(Jul 31, 2012)
Net Income $-4.88M $-4.88M $-8.97M $-8.75M $-11.80M $-18.55M $-9.48M $-12.19M $-3.57M $-1.28M $-1.47M $-3.14M $-1.10M $-28.01K
Depreciation & Amortization $104.67K $81.46K $190.55K $220.65K $379.47K $344.67K $408.49K $452.21K $163.32K - $22.15K $3.25K $587.00 -
Stock-based Compensation - - - - - - - - - - $20.53K $33.27K - -
Change in Receivables - $40.76K $-499.58K $358.63K $-175.63K $359.63K $-333.93K $365.36K $85.04K $-39.51K $-13.00K $7.99K $-13.20K -
Change in Inventory $16.46M $8.25M $3.78M $50.08K $364.87K $328.09K $-157.84K $366.11K $-49.11K $-53.82K $-150.88K $-50.88K $11.76K -
Change in Payables - - - - $-229.84K $293.01K $-155.17K $-19.49K - $123.80K $22.14K $-12.44K $-24.06K $8.12K
Operating Cash Flow $-29.23M $-17.59M $-9.97M $-6.93M $-7.46M $-7.11M $-4.24M $-4.40M $-2.31M $-1.15M $-1.45M $-1.70M $-1.20M $-11.88K
Capital Expenditure - - $319.84K $16.24K $191.76K $115.36K $119.84K $1.47M $550.21K $-4.48K $-235.56K $27.95K $6.78K -
Acquisitions - - $200.00 - $413.07K - - - - - - $139.66K - -
Investing Cash Flow - $22.36K $-320.04K $-16.24K $-604.83K $-115.36K $-6.70K $-2.04M $-550.21K $-4.48K $-235.56K $-27.95K $-6.78K -
Stock Issued - - - - $95.26K $13.70M $7.58M $5.95M $4.54M $801.00K $737.86K $964.82K $2.10M -
Stock Repurchased - - - - - - - - - $137.70K $15.00 $-105.00K - -
Financing Cash Flow $28.51M $17.25M $9.59M $-36.03K $5.68M $13.63M $7.25M $6.00M $4.34M $1.09M $1.55M $859.82K $2.15M $11.99K
Net Change in Cash $-1.13M $-326.94K $-518.65K $-6.94M $-2.50M $6.42M $3.07M $-480.63K $1.46M $-67.06K $-130.48K $-872.50K $945.18K $105.00
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Jun 30, 2025
Condensed Consolidated Statements of Operations
Description Jun 30, 2025 Jun 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $61.58K - $84.43K -
Cost of Revenue $56.45K - $63.82K -
Gross Profit $5.13K - $20.61K -
Operating Income $-1.11M - $-3.37M -
Interest Expense - - - -
Other Income/Expense $-4.55K - $-54.87K -
Income Before Tax $-1.07M - $-2.99M -
Net Income $-1.07M $-1.65M $-2.99M -
Basic EPS -0.03 - -0.16 -
Diluted EPS -0.03 - -0.16 -
Basic Shares Outstanding $32.20M - $18.23M -
Diluted Shares Outstanding $32.20M - $18.23M -
Condensed Consolidated Balance Sheets
Description Jun 30, 2025 Sep 30, 2024
Cash & Cash Equivalents $35.96K $464.22K
Accounts Receivable $75.63K -
Inventory $11.88M $4.55M
Other Current Assets $1.25M $382.65K
Total Current Assets $13.24M $5.41M
Property Plant & Equipment $2.32K $2.27K
Intangible Assets $57.50K $80.00K
Total Assets $13.31M $5.59M
Other Current Liabilities $567.40K $586.17K
Total Current Liabilities $2.67M $6.24M
Total Liabilities $2.67M $6.24M
Common Stock $364.00 $50.00
Retained Earnings $-85.34M $-82.34M
Total Stockholders Equity $10.66M $-650.67K
Total Liabilities & Equity $13.31M $5.59M
Condensed Consolidated Statements of Cash Flows
Description Jun 30, 2025 Jun 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $-1.07M $-1.65M $-2.99M -
Depreciation & Amortization - - $23.09K -
Change in Receivables - - $62.03K -
Change in Inventory - - $7.28M -
Operating Cash Flow - - $-11.23M -
Capital Expenditure - - - -
Investing Cash Flow - - $19.69K -
Debt Repayment - - $1.49M -
Financing Cash Flow - - $10.96M -
Net Change in Cash - - $-428.26K -

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.

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