$2.98M
Revenue
$-2.68M
Net Income
-
Gross Margin
-95.23%
Op. Margin
$-4.67M
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 | $766.30K | $1.03M | $589.90K | $593.26K | $648.82K | $614.24K | $726.40K |
| Revenue Growth % (YoY) | 18.1% | 67.2% | -18.8% | nan% | nan% | nan% | nan% |
| Operating Expenses | $1.39M | $1.57M | $1.31M | $1.54M | $1.75M | $1.11M | $2.06M |
| Research & Development | $773.42K | $756.48K | $656.56K | $879.03K | $1.04M | $367.99K | $933.77K |
| Operating Income | $-623.03K | $-544.73K | $-724.41K | $-942.41K | $-1.10M | $-499.47K | $-1.34M |
| Operating Margin % | -81.3% | -53.0% | -122.8% | -158.9% | -169.4% | -81.3% | -184.1% |
| Interest Expense | - | - | - | - | - | - | - |
| Other Income/Expense | $159.00 | $4.01K | $1.48K | $78.00 | $-7.24K | $1.50K | $-21.00 |
| Net Income | $-579.08K | $-509.94K | $-688.70K | $-903.14K | $-1.05M | $-436.67K | $-1.27M |
| Net Margin % | -75.6% | -49.7% | -116.7% | -152.2% | -162.5% | -71.1% | -175.4% |
| Basic EPS | nan | -0.33 | -0.45 | -0.59 | -0.68 | -0.28 | -0.83 |
| Diluted EPS | nan | -0.33 | -0.45 | -0.59 | -0.68 | -0.28 | -0.83 |
| Basic Shares Outstanding | 159K | 1.5M | 1.5M | 1.5M | 269 | 1.5M | 1.5M |
| Diluted Shares Outstanding | 159K | 1.5M | 1.5M | 1.5M | 269 | 1.5M | 1.5M |
| 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 | - | - | - | $5.16M | $6.17M | $6.84M | $7.30M |
| Other Current Assets | $166.29K | $946.36K | $573.85K | $313.62K | $421.95K | $188.09K | $716.38K |
| Total Current Assets | $8.05M | $5.07M | $5.35M | $5.48M | $6.59M | $7.03M | $8.01M |
| Other Non-current Assets | $313.92K | - | - | $313.92K | $313.92K | $1.02M | $1.02M |
| Total Assets | $8.36M | $5.07M | $5.35M | $5.79M | $6.90M | $8.05M | $9.03M |
| Accounts Payable | $258.11K | $578.25K | $346.83K | $240.29K | $283.62K | $243.34K | $283.59K |
| Accrued Liabilities | $709.92K | - | - | - | $610.65K | - | - |
| Total Current Liabilities | $968.02K | $1.11M | $903.43K | $667.93K | $894.26K | $1.01M | $1.59M |
| Total Liabilities | $968.02K | $1.11M | $903.43K | $667.93K | $894.26K | $1.01M | $1.59M |
| Common Stock | $2.29K | $1.54K | $1.54K | $1.54K | $1.54K | $1.54K | $1.54K |
| Retained Earnings | $-199.88M | $-199.30M | $-198.79M | $-198.10M | $-197.19M | $-196.14M | $-195.70M |
| Total Stockholders Equity | $7.40M | $3.96M | $4.45M | $5.12M | $6.01M | $7.04M | $7.45M |
| Total Liabilities & Equity | $8.36M | $5.07M | $5.35M | $5.79M | $6.90M | $8.05M | $9.03M |
| 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 | $-579.08K | $-509.94K | $-688.70K | $-903.14K | $-1.05M | $-2.91M | $-1.27M |
| Stock-based Compensation | - | - | - | - | - | - | $42.10K |
| Operating Cash Flow | $-242.68K | $-2.04M | $-1.39M | $-1.00M | $-673.99K | $-2.14M | $-1.68M |
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 | $1.03M | $614.24K | $2.21M | $1.85M |
| Operating Expenses | $1.57M | $1.11M | $4.42M | $4.96M |
| Research & Development | $756.48K | $367.99K | $2.29M | $2.25M |
| Operating Income | $-544.73K | $-499.47K | $-2.21M | $-3.11M |
| Interest Expense | - | - | - | - |
| Other Income/Expense | $4.01K | $1.50K | $5.57K | $1.53K |
| Net Income | $-509.94K | $-436.67K | $-2.10M | $-2.91M |
| Basic EPS | -0.33 | -0.28 | -1.36 | -1.89 |
| Diluted EPS | -0.33 | -0.28 | -1.36 | -1.89 |
| Basic Shares Outstanding | $1.54M | $1.54M | $1.54M | $1.54M |
| Diluted Shares Outstanding | $1.54M | $1.54M | $1.54M | $1.54M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Other Current Assets | $946.36K | $421.95K |
| Total Current Assets | $5.07M | $6.59M |
| Other Non-current Assets | - | $313.92K |
| Total Assets | $5.07M | $6.90M |
| Accounts Payable | $578.25K | $283.62K |
| Total Current Liabilities | $1.11M | $894.26K |
| Total Liabilities | $1.11M | $894.26K |
| Common Stock | $1.54K | $1.54K |
| Retained Earnings | $-199.30M | $-197.19M |
| Total Stockholders Equity | $3.96M | $6.01M |
| Total Liabilities & Equity | $5.07M | $6.90M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-509.94K | $-436.67K | $-2.10M | $-2.91M |
| Operating Cash Flow | - | - | $-2.04M | $-2.14M |
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.