$2.43M
Revenue
$-4.43M
Net Income
47.96%
Gross Margin
-165.69%
Op. Margin
$-5.50M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Total Revenue | $2.43M | $2.43M | $2.57M | $3.11M | $4.96M | $6.11M |
| Revenue Growth % | 0.0% | -5.3% | -17.4% | -37.4% | -18.9% | nan% |
| Cost of Revenue | $1.27M | $1.27M | $1.44M | $1.67M | $2.08M | $1.85M |
| Gross Profit | $1.17M | $1.17M | $1.13M | $1.44M | $2.88M | $4.26M |
| Gross Margin % | 48.0% | 48.0% | 44.0% | 46.4% | 58.0% | 69.7% |
| Operating Expenses | $5.19M | $5.19M | $4.44M | $6.74M | $7.42M | $6.54M |
| Operating Income | $-4.03M | $-4.03M | $-3.31M | $-5.30M | $-4.55M | $-2.28M |
| Operating Margin % | -165.7% | -165.7% | -128.9% | -170.6% | -91.7% | -37.3% |
| Interest Expense | $1.63K | $1.59K | $264.00 | $552.00 | $103.47K | $139.37K |
| Other Income/Expense | $-397.83K | $-397.83K | $-162.16K | $633.22K | $-473.86K | $-337.90K |
| Income Before Tax | $-4.43M | $-4.43M | $-3.47M | $-4.66M | $-5.02M | $-2.62M |
| Income Tax Expense | - | - | - | - | - | - |
| Net Income | $-4.43M | $-4.43M | $-3.47M | $-4.66M | $-5.02M | $-2.62M |
| Net Margin % | -182.1% | -182.1% | -135.2% | -150.2% | -101.2% | -42.8% |
| Basic EPS | -1.17 | -1.17 | -1.03 | -1.45 | -0.38 | -0.27 |
| Basic Shares Outstanding | - | 3.8M | 3.4M | 3.2M | 3.3M | - |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $39.16K | $17.04K | $472.70K | $425.58K | $2.43M |
| Short-term Investments | - | - | $2.96K | $3.22M | $8.02M |
| Accounts Receivable | $20.15K | $7.22K | $18.21K | $59.61K | $18.59K |
| Inventory | $3.46K | $3.46K | $3.46K | $15.46K | $13.57K |
| Total Current Assets | $69.74K | $1.17M | $1.01M | $3.91M | $10.70M |
| Long-term Investments | $8.39M | $8.42M | $8.42M | - | - |
| Total Assets | $8.69M | $9.89M | $9.83M | $4.34M | $11.15M |
| Accounts Payable | $1.46M | $1.63M | $842.40K | $730.10K | $585.62K |
| Deferred Revenue | $726.21K | $928.20K | $1.30M | $1.02M | $1.30M |
| Other Current Liabilities | - | - | - | - | - |
| Total Current Liabilities | $2.87M | $4.27M | $2.23M | $1.85M | $2.93M |
| Common Stock | $4.31K | $3.54K | $3.22K | $13.19K | $13.10K |
| Retained Earnings | $-27.38M | $-22.96M | $-19.48M | $-14.82M | $-9.80M |
| Treasury Stock | $40.00 | - | $27.65K | $1.10M | - |
| Total Stockholders Equity | $5.66M | $5.39M | $7.30M | $2.18M | $7.82M |
| Total Liabilities & Equity | $8.69M | $9.89M | $9.83M | $4.34M | $11.15M |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Net Income | $-5.26M | $-4.43M | $-3.47M | $-4.66M | $-5.02M | $-2.62M |
| Depreciation & Amortization | $10.77K | $5.36K | $16.03K | $43.41K | $22.73K | $19.72K |
| Stock-based Compensation | $1.66M | $1.37M | $368.66K | $1.45M | $482.46K | $684.52K |
| Change in Receivables | $6.69K | $12.93K | $-10.99K | $-41.40K | $41.03K | $595.00 |
| Change in Inventory | - | - | - | $-12.00K | $1.90K | $-4.09K |
| Change in Payables | $223.20K | $-198.14K | $667.23K | $124.56K | $144.48K | $233.07K |
| Operating Cash Flow | $-5.50M | $-3.16M | $-705.73K | $-3.17M | $-4.29M | $-672.49K |
| Capital Expenditure | - | - | - | $2.60K | $65.94K | $63.91K |
| Purchases of Investments | - | - | $9.27K | $11.29M | $25.54M | $8.00M |
| Investing Cash Flow | - | - | $-1.10M | $3.27M | $4.40M | $-8.07M |
| Stock Issued | - | $1.49M | $1.20M | - | - | $10.66M |
| Financing Cash Flow | $5.74M | $3.18M | $1.35M | $-56.38K | $-2.12M | $10.19M |
| Net Change in Cash | $241.56K | $22.12K | $-455.66K | $47.12K | $-2.00M | $1.45M |
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 | $697.00K | - | $1.80M | - |
| Cost of Revenue | $322.90K | - | $1.02M | - |
| Gross Profit | $374.09K | - | $785.39K | - |
| Operating Expenses | $812.98K | - | $3.26M | - |
| Operating Income | $-438.89K | - | $-2.47M | - |
| Interest Expense | - | - | $1.59K | - |
| Other Income/Expense | $-281.72K | - | $-349.00K | - |
| Income Before Tax | $-720.61K | - | $-2.82M | - |
| Income Tax Expense | - | - | - | - |
| Net Income | $-720.61K | $-877.94K | $-2.82M | - |
| Basic EPS | -0.19 | - | -0.77 | - |
| Basic Shares Outstanding | $3.78M | - | $3.66M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $93.19K | $17.04K |
| Accounts Receivable | $13.68K | $7.22K |
| Inventory | $3.46K | $3.46K |
| Total Current Assets | $154.41K | $1.17M |
| Long-term Investments | $8.42M | $8.42M |
| Total Assets | $8.82M | $9.89M |
| Accounts Payable | $1.58M | $1.63M |
| Deferred Revenue | $515.55K | $928.20K |
| Total Current Liabilities | $3.86M | $4.27M |
| Common Stock | $3.96K | $3.54K |
| Retained Earnings | $-25.78M | $-22.96M |
| Treasury Stock | $40.00 | - |
| Total Stockholders Equity | $4.78M | $5.39M |
| Total Liabilities & Equity | $8.82M | $9.89M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-720.61K | $-877.94K | $-2.82M | - |
| Depreciation & Amortization | $1.24K | - | $4.74K | - |
| Stock-based Compensation | - | - | $279.99K | - |
| Change in Receivables | - | - | $6.46K | - |
| Change in Payables | - | - | $-77.69K | - |
| Operating Cash Flow | - | - | $-2.65M | - |
| Purchases of Investments | - | - | - | - |
| Investing Cash Flow | - | - | - | - |
| Stock Issued | - | - | $1.04M | - |
| Financing Cash Flow | - | - | $2.73M | - |
| Net Change in Cash | - | - | $76.15K | - |
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.