$264.97M
Revenue
$-10.67M
Net Income
72.38%
Gross Margin
-1.22%
Op. Margin
$45.16M
Free Cash Flow
| Breakdown | Q1 2026 (Dec 31, 2025) |
Q4 2025 (Sep 30, 2025) |
Q3 2025 (Jun 30, 2025) |
Q2 2025 (Mar 31, 2025) |
Q1 2025 (Dec 31, 2024) |
|---|---|---|---|---|---|
| Total Revenue | $81.00M | $68.31M | $58.29M | $57.38M | $61.38M |
| Revenue Growth % (YoY) | 32.0% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $22.77M | $20.41M | $14.87M | $15.14M | $17.77M |
| Gross Profit | $58.22M | $47.91M | $43.42M | $42.24M | $43.61M |
| Gross Margin % | 71.9% | 70.1% | 74.5% | 73.6% | 71.1% |
| Operating Income | $1.02M | $-1.45M | $-1.82M | $-999.00K | $448.00K |
| Operating Margin % | 1.3% | -2.1% | -3.1% | -1.7% | 0.7% |
| Interest Expense | $1.43M | $1.10M | $4.81M | $3.40M | $1.63M |
| Interest Income | $61.00K | $84.00K | $101.00K | $128.00K | $154.00K |
| Income Before Tax | $-689.00K | $-3.29M | $-2.99M | $-3.01M | $-1.05M |
| Income Tax Expense | $25.00K | $142.00K | $35.00K | $35.00K | $30.00K |
| Net Income | $-1.05M | $-3.55M | $-3.02M | $-3.04M | $-1.08M |
| Net Margin % | -1.3% | -5.2% | -5.2% | -5.3% | -1.8% |
| Basic EPS | -0.02 | -0.07 | -0.07 | -0.07 | -0.03 |
| Diluted EPS | -0.02 | -0.07 | -0.07 | -0.07 | -0.03 |
| Basic Shares Outstanding | 44K | 51 | 43K | 43K | 43K |
| Diluted Shares Outstanding | 44K | 51 | 43K | 43K | 43K |
| Breakdown | Q1 2026 (Dec 31, 2025) |
Q4 2025 (Sep 30, 2025) |
Q3 2025 (Jun 30, 2025) |
Q2 2025 (Mar 31, 2025) |
Q1 2025 (Dec 31, 2024) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $10.54M | $12.92M | $11.25M | $17.14M | $15.45M |
| Accounts Receivable | $34.92M | $34.70M | $27.01M | $29.48M | $27.64M |
| Inventory | $26.92M | $25.64M | $24.00M | $22.83M | $20.07M |
| Other Current Assets | $5.72M | $5.10M | $6.43M | $5.51M | $6.50M |
| Total Current Assets | $78.11M | $78.35M | $68.69M | $74.97M | $69.66M |
| Property Plant & Equipment | $45.87M | $46.06M | $36.43M | $36.01M | $36.75M |
| Goodwill | $61.56M | $61.56M | $50.73M | $50.73M | $50.73M |
| Intangible Assets | $75.89M | $77.56M | $63.41M | $64.92M | $66.44M |
| Other Non-current Assets | $391.00K | $384.00K | $348.00K | $340.00K | $345.00K |
| Total Assets | $280.66M | $283.29M | $236.09M | $244.65M | $242.82M |
| Accounts Payable | $38.55M | - | - | - | - |
| Total Current Liabilities | $75.24M | $74.71M | $59.84M | $61.34M | $57.08M |
| Long-term Debt | $84.00M | - | - | - | - |
| Deferred Tax Liabilities | $287.00K | $287.00K | $208.00K | $206.00K | $204.00K |
| Total Liabilities | $167.66M | $171.19M | $133.56M | $141.07M | $136.50M |
| Retained Earnings | $-182.32M | $-181.27M | $-177.72M | $-174.70M | $-171.66M |
| Total Stockholders Equity | $112.99M | $112.10M | $102.54M | $103.57M | $106.31M |
| Total Liabilities & Equity | $280.66M | $283.29M | $236.09M | $244.65M | $242.82M |
| Breakdown | Q1 2026 (Dec 31, 2025) |
Q4 2025 (Sep 30, 2025) |
Q3 2025 (Jun 30, 2025) |
Q2 2025 (Mar 31, 2025) |
Q1 2025 (Dec 31, 2024) |
|---|---|---|---|---|---|
| Net Income | $-1.05M | $-3.55M | $-3.02M | $-3.04M | $-1.08M |
| Depreciation & Amortization | $12.55M | $11.87M | $33.61M | $22.37M | $10.99M |
| Stock-based Compensation | $982.00K | $1.41M | $2.62M | $505.00K | $207.00K |
| Deferred Income Tax | - | $79.00K | $6.00K | $4.00K | $2.00K |
| Change in Receivables | $223.00K | $-468.00K | $-2.11M | $365.00K | $-1.48M |
| Change in Inventory | $1.28M | $-726.00K | $3.14M | $1.98M | $-786.00K |
| Operating Cash Flow | $8.94M | $9.78M | $27.91M | $18.25M | $9.30M |
| Capital Expenditure | $2.07M | $1.82M | $10.53M | $5.29M | $3.68M |
| Investing Cash Flow | $-1.95M | $-23.33M | $-9.61M | $-5.22M | $-3.65M |
| Financing Cash Flow | $-9.44M | $15.24M | $-23.00M | $-11.22M | $-5.52M |
| Net Change in Cash | $-2.37M | - | $-4.92M | $971.00K | $-723.00K |
SEC Filing Format - Data shown as it appears in the Q1 2026 (10-Q) filing
Period ended: Dec 31, 2025
Condensed Consolidated Statements of Operations
| Description | Dec 31, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Total Revenue | $81.00M | $61.38M |
| Cost of Revenue | $22.77M | $17.77M |
| Operating Income | $1.02M | $448.00K |
| Interest Expense | $1.43M | $1.31M |
| Interest Income | $61.00K | $154.00K |
| Income Before Tax | $-689.00K | $-1.05M |
| Income Tax Expense | $25.00K | $30.00K |
| Net Income | $-1.05M | $-1.08M |
| Basic EPS | -0.02 | -0.03 |
| Diluted EPS | -0.02 | -0.03 |
Condensed Consolidated Balance Sheets
| Description | Dec 31, 2025 | Sep 30, 2025 |
|---|---|---|
| Cash & Cash Equivalents | $10.54M | $12.92M |
| Accounts Receivable | $34.92M | $34.70M |
| Inventory | $26.92M | $25.64M |
| Other Current Assets | $5.72M | $5.10M |
| Total Current Assets | $78.11M | $78.35M |
| Property Plant & Equipment | $45.87M | $46.06M |
| Goodwill | $61.56M | $61.56M |
| Intangible Assets | $75.89M | $77.56M |
| Other Non-current Assets | $391.00K | $384.00K |
| Total Assets | $280.66M | $283.29M |
| Accounts Payable | $38.55M | $38.43M |
| Total Current Liabilities | $75.24M | $74.71M |
| Long-term Debt | $84.00M | - |
| Deferred Tax Liabilities | $287.00K | $287.00K |
| Total Liabilities | $167.66M | $171.19M |
| Retained Earnings | $-182.32M | $-181.27M |
| Total Stockholders Equity | $112.99M | $112.10M |
| Total Liabilities & Equity | $280.66M | $283.29M |
Condensed Consolidated Statements of Cash Flows
| Description | Dec 31, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Net Income | $-1.05M | $-1.08M |
| Depreciation & Amortization | $12.55M | $10.99M |
| Stock-based Compensation | $982.00K | $207.00K |
| Deferred Income Tax | - | $2.00K |
| Change in Receivables | $223.00K | $-1.48M |
| Change in Inventory | $1.28M | $-786.00K |
| Operating Cash Flow | $8.94M | $9.30M |
| Capital Expenditure | $2.07M | $3.68M |
| Investing Cash Flow | $-1.95M | $-3.65M |
| Financing Cash Flow | $-9.44M | $-5.52M |
| Net Change in Cash | $-2.37M | $-723.00K |
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.