$331.56M
Revenue
$-8.49M
Net Income
2.78%
Gross Margin
-0.64%
Op. Margin
$-6.84M
Free Cash Flow
| Breakdown | 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 | $102.87M | $72.18M | $57.63M | $98.87M | $54.25M | $78.64M |
| Revenue Growth % (YoY) | 89.6% | -8.2% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $100.13M | $70.31M | $55.70M | $96.21M | $52.23M | $76.47M |
| Gross Profit | $2.74M | $1.87M | $1.93M | $2.66M | $2.02M | $2.16M |
| Gross Margin % | 2.7% | 2.6% | 3.4% | 2.7% | 3.7% | 2.8% |
| Operating Expenses | $3.30M | $2.53M | $2.54M | $2.96M | $2.08M | $2.51M |
| Operating Income | $-559.08K | $-656.23K | $-604.23K | $-298.11K | $-56.55K | $-342.10K |
| Operating Margin % | -0.5% | -0.9% | -1.0% | -0.3% | -0.1% | -0.4% |
| Interest Expense | $342.98K | $386.54K | $280.42K | $399.35K | $480.43K | $289.49K |
| Other Income/Expense | $-55.06K | $-68.58K | $-11.16K | $-5.74K | $-5.77K | $-443.00 |
| Income Before Tax | $-2.25M | $-2.26M | $-1.12M | $-1.60M | $-703.40K | $-1.90M |
| Income Tax Expense | $71.92K | $91.70K | $20.57K | $259.15K | $69.61K | $65.28K |
| Net Income | $-2.33M | $-2.35M | $-1.14M | $-2.67M | $-773.00K | $-1.96M |
| Net Margin % | -2.3% | -3.3% | -2.0% | -2.7% | -1.4% | -2.5% |
| Diluted EPS | -0.68 | -0.82 | -0.44 | -0.02 | -0.01 | -0.01 |
| Breakdown | 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 | $2.26M | $2.04M | $1.09M | $2.51M | $2.13M | $797.23K |
| Accounts Receivable | $23.98M | $30.63M | $21.96M | $57.16M | $14.98M | $13.77M |
| Inventory | $30.66K | $30.66K | $30.66K | $30.66K | $30.66K | $26.94K |
| Total Current Assets | $29.84M | $35.56M | $26.04M | $63.02M | $19.66M | $17.22M |
| Property Plant & Equipment | $670.64K | $609.39K | $604.30K | $561.80K | $578.73K | $583.31K |
| Goodwill | $7.96M | $6.75M | $6.75M | $6.75M | $10.68M | $10.68M |
| Intangible Assets | $7.08M | $7.20M | $7.32M | $7.44M | $99.59K | $99.59K |
| Other Non-current Assets | $1.10M | $1.05M | $1.06M | $999.08K | $992.01K | $979.69K |
| Total Assets | $46.89M | $51.41M | $42.02M | $79.01M | $32.44M | $29.99M |
| Accounts Payable | $7.94M | $9.35M | $8.84M | $2.13M | $8.76M | $7.51M |
| Total Current Liabilities | $28.74M | $36.84M | $30.28M | $63.82M | $24.07M | $22.20M |
| Total Liabilities | $29.03M | $37.12M | $30.46M | $67.11M | $24.35M | $22.41M |
| Common Stock | $3.83K | $3.50K | $2.64K | $202.98K | $186.18K | $179.56K |
| Retained Earnings | $-38.95M | $-36.41M | $-33.93M | $-32.70M | $-29.83M | $-28.90M |
| Total Stockholders Equity | $17.85M | $14.29M | $11.56M | $7.22M | $8.09M | $7.57M |
| Total Liabilities & Equity | $46.89M | $51.41M | $42.02M | $79.01M | $32.44M | $29.99M |
| Breakdown | 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 | $-2.33M | $-3.49M | $-1.14M | $-2.67M | $-3.32M | $-1.96M |
| Depreciation & Amortization | $450.14K | $288.22K | $127.00K | $395.47K | $104.06K | $68.94K |
| Stock-based Compensation | $294.34K | $55.20K | $32.81K | $113.73K | $109.48K | $77.67K |
| Change in Receivables | $-44.19M | $-33.49M | $-45.92M | $67.88M | $-11.79M | $-12.94M |
| Change in Inventory | - | - | - | $-7.07K | $3.54K | $185.00 |
| Operating Cash Flow | $-2.60M | $-1.65M | $-1.91M | $-403.65K | $-2.53M | $-3.15M |
| Capital Expenditure | $111.40K | $95.19K | $49.18K | $17.60K | $134.02K | $103.47K |
| Investing Cash Flow | $-219.33K | $-173.81K | $-58.65K | $-212.60K | $-2.95M | $-2.72M |
| Financing Cash Flow | $2.57M | $1.35M | $540.30K | $1.00M | $6.24M | $5.31M |
| Net Change in Cash | $-250.93K | $-472.07K | $-1.43M | $385.22K | $762.47K | $-565.44K |
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 | $102.87M | - | $232.68M | - |
| Cost of Revenue | $100.13M | - | $226.14M | - |
| Gross Profit | $2.74M | - | $6.55M | - |
| Operating Expenses | $3.30M | - | $8.37M | - |
| Operating Income | $-559.08K | - | $-1.82M | - |
| Interest Expense | - | - | $342.98K | - |
| Other Income/Expense | $-55.06K | - | $-134.80K | - |
| Income Before Tax | $-2.25M | - | $-5.64M | - |
| Income Tax Expense | $71.92K | - | $184.19K | - |
| Net Income | $-2.33M | $-1.96M | $-5.82M | - |
| Diluted EPS | -0.68 | - | -1.97 | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $2.26M | $2.51M |
| Accounts Receivable | $23.98M | $57.16M |
| Inventory | $30.66K | $30.66K |
| Total Current Assets | $29.84M | $63.02M |
| Property Plant & Equipment | $670.64K | $561.80K |
| Goodwill | $7.96M | $6.75M |
| Intangible Assets | $7.08M | $7.44M |
| Other Non-current Assets | $1.10M | $999.08K |
| Total Assets | $46.89M | $79.01M |
| Accounts Payable | $7.94M | $2.13M |
| Total Current Liabilities | $28.74M | $63.82M |
| Total Liabilities | $29.03M | $67.11M |
| Common Stock | $3.83K | $2.54K |
| Retained Earnings | $-38.95M | $-32.70M |
| Total Stockholders Equity | $17.85M | $11.90M |
| Total Liabilities & Equity | $46.89M | $79.01M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-2.33M | $-1.96M | $-5.82M | - |
| Depreciation & Amortization | - | - | $450.14K | - |
| Stock-based Compensation | - | - | $294.34K | - |
| Change in Receivables | - | - | $-44.19M | - |
| Change in Inventory | - | - | - | - |
| Operating Cash Flow | - | - | $-2.60M | - |
| Capital Expenditure | - | - | $111.40K | - |
| Investing Cash Flow | - | - | $-219.33K | - |
| Financing Cash Flow | - | - | $2.57M | - |
| Net Change in Cash | - | - | $-250.93K | - |
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.