$356.11K
Revenue
$-32.96M
Net Income
-
Gross Margin
-6078.50%
Op. Margin
$-45.71M
Free Cash Flow
| Breakdown | Q3 2025 (Sep 30, 2025) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q3 2021 (Sep 30, 2021) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $50.16K | $235.44K | $4.09K | $66.40K | $5.83M | $1.98M | $8.87M | $4.68M | $9.51M | $16.20M | $9.08M | $2.81M |
| Revenue Growth % (YoY) | -78.7% | -96.0% | -99.8% | -98.6% | -38.7% | -87.8% | -2.3% | nan% | 238.0% | nan% | nan% | nan% |
| Cost of Revenue | $44.36K | - | - | - | - | - | - | - | - | $3.29K | $2.89M | $3.07M |
| Gross Profit | $5.80K | - | - | - | - | - | - | - | - | $16.20M | $6.19M | $-254.92K |
| Gross Margin % | 11.6% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | 100.0% | 68.2% | -9.1% |
| Operating Expenses | $4.36M | $8.49M | $6.23M | $2.92M | $4.74M | $9.01M | $11.50M | $15.93M | $14.14M | $-20.33M | $-13.06M | $10.66M |
| Operating Income | $-4.31M | $-8.26M | $-6.23M | $-2.85M | $1.09M | $-7.03M | $-2.64M | $-11.25M | $-4.63M | $-4.13M | $-3.98M | $-7.84M |
| Operating Margin % | -8590.8% | -3507.6% | -152122.5% | -4289.9% | 18.7% | -355.0% | -29.7% | -240.1% | -48.7% | -25.5% | -43.9% | -278.7% |
| Interest Expense | $1.98M | $774.48K | $418.49K | $293.45K | $299.76K | $167.82K | $575.96K | $457.13K | $64.09K | $274.64K | $383.70K | $1.10M |
| Other Income/Expense | $266.96K | $-963.90K | $-371.33K | $-535.75K | $150.00K | $260.00K | $93.00K | $17.85M | $36.22K | $1.69M | $1.23M | $-1.07M |
| Net Income | $-6.30M | $-9.22M | $-6.60M | $-10.84M | $3.48M | $-999.92K | $-3.10M | $9.02M | $-5.23M | $-2.44M | $-2.75M | $-8.91M |
| Net Margin % | -12564.1% | -3917.0% | -161190.5% | -16321.2% | 59.8% | -50.5% | -35.0% | 192.6% | -55.0% | -15.1% | -30.3% | -316.8% |
| Diluted EPS | -0.07 | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan |
| Diluted Shares Outstanding | 84.3M | - | - | - | - | - | - | - | - | - | - | - |
| Breakdown | Q3 2025 (Sep 30, 2025) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q3 2021 (Sep 30, 2021) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $2.08M | $840.33K | $554.42K | - | - | - | - | - | $3.77M | $4.89M | $6.30M | $20.13M |
| Short-term Investments | - | $151.33K | - | $30.30M | - | - | - | - | - | - | - | - |
| Accounts Receivable | $18.23K | - | - | - | $4.39M | - | $1.69M | $660.75K | $5.67M | $5.35M | $2.86M | $2.11M |
| Inventory | $1.08M | $2.03M | $2.03M | $54.00K | $2.17M | $711.23K | $2.96M | $446.69K | $730.02K | - | $1.24M | $1.66K |
| Other Current Assets | $1.17M | $1.87M | $1.87M | $1.87M | - | - | - | $786.58K | - | - | - | - |
| Total Current Assets | $8.79M | $5.71M | $4.45M | $34.89M | $12.35M | $6.39M | $5.75M | $10.76M | $11.22M | $9.98M | $10.89M | $21.50M |
| Property Plant & Equipment | $15.57M | $17.49M | - | $15.34M | $11.69M | $9.03M | $9.30M | $9.11M | $15.06M | - | $22.70M | $23.02M |
| Long-term Investments | - | - | - | $18.78M | $19.48M | - | - | $18.78M | - | - | - | - |
| Other Non-current Assets | - | - | - | - | $91.33M | $93.69M | $43.75M | - | - | - | - | $30.40M |
| Total Assets | $201.20M | $211.60M | $195.52M | $91.75M | $102.92M | $100.08M | $49.50M | $55.92M | $37.31M | $37.68M | $38.56M | $51.90M |
| Accounts Payable | $5.82M | - | - | - | $4.33M | - | - | - | $3.32M | - | - | - |
| Short-term Debt | - | - | - | $804.66K | $804.66K | $818.69K | - | $1.92M | - | - | - | - |
| Accrued Liabilities | $368.24K | $514.84K | $495.92K | $512.56K | $142.88K | $142.88K | $110.70K | $106.89K | $42.01K | $38.19K | $1.00M | $427.82K |
| Other Current Liabilities | $141.20K | $147.06K | $200.00K | $200.00K | - | - | - | - | - | - | - | - |
| Total Current Liabilities | $83.62M | $24.61M | $19.27M | $18.07M | $16.21M | $16.20M | $21.84M | $27.44M | $20.69M | $9.85M | $21.84M | $27.94M |
| Long-term Debt | $965.29K | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-current Liabilities | - | - | - | - | - | - | - | - | - | - | - | $21.19M |
| Total Liabilities | $296.20M | $265.99M | $241.14M | $91.52M | $88.22M | $89.34M | $42.15M | $55.63M | $46.39M | $42.37M | $42.21M | $49.13M |
| Common Stock | $8.45K | $7.74K | $7.74K | $7.63K | $7.63K | $7.62K | $7.62K | $6.68K | $6.68K | $6.66K | $6.62K | $6.08K |
| Retained Earnings | $-287.52M | $-234.60M | $-226.10M | $-178.69M | $-163.85M | $-167.33M | $-170.34M | $-167.24M | $-176.20M | $-170.97M | $-168.54M | $-155.36M |
| Total Stockholders Equity | $-93.43M | $-51.83M | $-44.08M | $223.84K | $14.70M | $10.74M | $7.35M | $284.70K | $-9.01M | $-4.70M | $-3.65M | $2.77M |
| Total Liabilities & Equity | $201.20M | $212.60M | $195.52M | $91.75M | $102.92M | $100.08M | $49.50M | $55.92M | $37.31M | $37.68M | $38.56M | $51.90M |
| Breakdown | Q3 2025 (Sep 30, 2025) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q3 2021 (Sep 30, 2021) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-6.30M | $-9.22M | $13.55M | $-10.84M | $3.48M | $-999.92K | $-3.10M | $9.02M | $-10.47M | $-5.20M | $-2.75M | $-8.91M |
| Depreciation & Amortization | - | - | - | - | - | - | $13.34K | $298.88K | $1.86M | $1.26M | - | $1.36M |
| Stock-based Compensation | $1.83M | - | - | - | - | - | - | - | - | - | - | - |
| Change in Receivables | $11.56K | - | - | $5.15M | $-4.49M | $334.48K | $1.03M | $-5.01M | $2.50M | $-2.18M | $319.31K | $-1.84M |
| Change in Inventory | $118.30K | $-1.98M | $-1.98M | $2.11M | $-1.72M | $264.54K | $2.51M | $-283.33K | $730.02K | - | $1.24M | $148.84K |
| Change in Payables | $1.64M | $-1.61M | $-1.85M | $2.21M | $-332.84K | - | - | $2.16M | $269.56K | $-229.53K | $-393.87K | $-2.71M |
| Operating Cash Flow | $-10.69M | $-16.32M | $-13.22M | $-5.49M | $-9.03M | $-5.90M | $-7.34M | $17.96M | $-11.88M | $-7.95M | $-5.73M | $-17.44M |
| Capital Expenditure | - | $166.23K | $648.80K | - | $3.53M | - | $508.93K | - | - | - | - | - |
| Purchases of Investments | - | - | - | - | - | - | - | - | $1.24M | - | - | - |
| Investing Cash Flow | $3.93M | $1.76M | $-248.80K | $-26.60M | $-2.23M | $1.17M | $967.34K | $-11.12M | $3.48M | $-929.57K | $-792.02K | $-5.08M |
| Debt Repayment | - | - | - | $-2.00 | $1.11M | $1.10M | - | $610.60K | $1.60M | $1.28M | $39.56K | - |
| Stock Issued | - | - | - | - | - | - | - | - | - | - | - | $29.22M |
| Financing Cash Flow | $9.34M | $145.34M | $146.34M | $-7.60M | $44.98M | $45.27M | $-2.19M | $-704.03K | $672.42K | $1.19M | $241.32K | $31.45M |
| Net Change in Cash | - | - | - | - | - | $40.54M | $-8.57M | - | - | $-7.69M | $-6.28M | $8.93M |
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 | $50.16K | - | $95.35K | - |
| Cost of Revenue | $44.36K | - | $482.49K | - |
| Operating Expenses | $4.36M | - | $16.15M | - |
| Operating Income | $-4.31M | - | $-16.06M | - |
| Interest Expense | $1.98M | - | $5.80M | - |
| Other Income/Expense | $-1.99M | - | $266.96K | - |
| Net Income | $-6.30M | - | $-21.62M | - |
| Diluted EPS | -0.07 | - | -0.26 | - |
| Diluted Shares Outstanding | $84.31M | - | $82.18M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $2.08M | $604.49K |
| Short-term Investments | - | $587.36K |
| Accounts Receivable | $18.23K | $6.67K |
| Inventory | $1.08M | $959.99K |
| Other Current Assets | $1.17M | $1.15M |
| Total Current Assets | $8.79M | $11.33M |
| Property Plant & Equipment | $15.57M | $18.30M |
| Total Assets | $201.20M | $205.87M |
| Accounts Payable | $5.82M | $9.01M |
| Accrued Liabilities | $368.24K | $606.94K |
| Other Current Liabilities | $141.20K | $100.00K |
| Total Current Liabilities | $83.62M | $84.80M |
| Long-term Debt | $965.29K | - |
| Total Liabilities | $296.20M | $286.92M |
| Common Stock | $8.45K | $7.80K |
| Retained Earnings | $-287.52M | $-265.91M |
| Total Stockholders Equity | $-93.43M | $-79.49M |
| Total Liabilities & Equity | $201.20M | $205.87M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-6.30M | - | $-21.62M | - |
| Stock-based Compensation | - | - | $1.83M | - |
| Change in Receivables | - | - | $11.56K | - |
| Change in Inventory | - | - | $118.30K | - |
| Change in Payables | - | - | $1.64M | - |
| Operating Cash Flow | - | - | $-10.69M | - |
| Investing Cash Flow | - | - | $3.93M | - |
| Financing Cash Flow | - | - | $9.34M | - |
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.