$54.90M
Revenue
$2.74M
Net Income
79.55%
Gross Margin
-1.66%
Op. Margin
$-7.37M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
|---|---|---|---|---|---|---|
| Total Revenue | $54.90M | $54.90M | $52.16M | $117.70M | $80.86M | $58.68M |
| Revenue Growth % | 0.0% | 5.2% | -55.7% | 45.6% | 37.8% | nan% |
| Cost of Revenue | $11.23M | $11.23M | $11.52M | $10.55M | $8.51M | $6.51M |
| Gross Profit | $43.67M | $43.67M | $40.65M | $107.15M | $72.35M | $52.18M |
| Gross Margin % | 79.6% | 79.6% | 77.9% | 91.0% | 89.5% | 88.9% |
| Selling General & Admin | $44.58M | $44.58M | $42.47M | $106.59M | $66.97M | $46.73M |
| Operating Income | $-913.38K | $-913.38K | $-1.89M | $-2.07M | $5.35M | $5.49M |
| Operating Margin % | -1.7% | -1.7% | -3.6% | -1.8% | 6.6% | 9.4% |
| Interest Expense | $88.33K | $50.69K | $69.44K | $173.06K | - | - |
| Other Income/Expense | $683.87K | $683.87K | $280.29K | $3.71M | $-69.88K | $-79.48K |
| Income Before Tax | $-229.50K | $-229.50K | $-1.61M | $1.64M | $5.28M | $5.41M |
| Income Tax Expense | $38.65K | $38.65K | $5.61K | $11.39M | $-1.29M | $-7.75M |
| Net Income | $2.74M | $2.91M | $-5.80M | $-9.75M | $6.58M | $13.17M |
| Net Margin % | 5.0% | 5.3% | -11.1% | -8.3% | 8.1% | 22.4% |
| Basic EPS | 0.18 | 0.19 | -0.57 | -0.66 | 0.46 | 0.94 |
| Diluted EPS | 0.18 | 0.19 | -0.56 | -0.65 | 0.44 | 0.90 |
| Basic Shares Outstanding | -148K | 15.1M | 14.9M | 14.7M | 14.3M | 14.0M |
| Diluted Shares Outstanding | -162K | 15.2M | 15.1M | 14.9M | 14.9M | 14.6M |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $23.60M | $25.05M | $18.15M | $19.53M | $20.55M |
| Accounts Receivable | $2.85M | $2.59M | $2.58M | $3.70M | $1.85M |
| Other Current Assets | $1.74M | $1.79M | $2.44M | $2.28M | $1.57M |
| Total Current Assets | $52.09M | $74.58M | $44.34M | $26.89M | $25.13M |
| Property Plant & Equipment | $3.16M | $3.21M | $3.81M | - | $8.75M |
| Goodwill | - | - | $7.35M | $5.09M | $4.63M |
| Intangible Assets | - | - | $5.02M | $5.40M | $2.87M |
| Total Assets | $60.97M | $83.15M | $87.15M | $85.45M | $65.73M |
| Accounts Payable | $1.59M | $1.75M | $1.63M | $1.71M | $1.56M |
| Accrued Liabilities | $1.50M | $1.51M | $1.96M | $1.81M | $770.22K |
| Deferred Revenue | $2.52M | $2.55M | $2.52M | $3.19M | $3.00M |
| Other Current Liabilities | $611.23K | $603.25K | $483.25K | $539.50K | $707.09K |
| Total Current Liabilities | $32.82M | $49.04M | $33.57M | $21.44M | $18.69M |
| Deferred Tax Liabilities | - | - | - | - | - |
| Other Non-current Liabilities | - | - | $1.24M | $27.23K | $27.23K |
| Total Liabilities | $45.89M | $62.48M | $62.38M | $55.88M | $44.98M |
| Common Stock | $15.47K | $15.19K | $14.78K | $14.45K | $14.17K |
| Retained Earnings | $-24.80M | $-27.70M | $-21.91M | $-13.52M | $-20.47M |
| Treasury Stock | - | - | - | $850.84K | $143.11K |
| Total Stockholders Equity | $15.05M | $20.65M | $24.75M | $29.54M | $20.75M |
| Total Liabilities & Equity | $60.97M | $83.15M | $87.15M | $85.45M | $65.73M |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
|---|---|---|---|---|---|---|
| Net Income | $3.71M | $2.91M | $-5.80M | $-9.75M | $6.58M | $13.17M |
| Depreciation & Amortization | $2.91M | $1.71M | $4.72M | $8.58M | $6.09M | $2.73M |
| Stock-based Compensation | $2.22M | $1.30M | $1.68M | $1.74M | $1.06M | $885.98K |
| Deferred Income Tax | - | - | $-57.15K | - | $-1.25M | $-8.10M |
| Change in Receivables | $-4.56M | $-1.53M | $1.65M | $-192.35K | $1.64M | $-794.59K |
| Change in Payables | $-963.76K | $-391.13K | $68.26K | $-1.38M | $-14.37K | $-90.43K |
| Operating Cash Flow | $-4.69M | $1.84M | $9.42M | $14.68M | $15.23M | $11.18M |
| Capital Expenditure | $2.67M | $1.50M | $1.19M | $5.00M | $6.99M | $3.16M |
| Acquisitions | - | - | - | - | $5.77M | $534.00K |
| Investing Cash Flow | $12.92M | $6.27M | $-631.55K | $-6.19M | $-14.14M | $-4.60M |
| Stock Repurchased | $11.33M | $11.31M | - | $3.83K | $707.73K | $32.07K |
| Financing Cash Flow | $-8.02M | $-9.81M | $-2.00M | $174.12K | $-2.00M | $5.60M |
| Net Change in Cash | $209.47K | $-1.69M | $6.78M | $8.66M | $-907.29K | $12.18M |
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 | $13.38M | - | $39.73M | - |
| Cost of Revenue | $2.66M | - | $8.41M | - |
| Selling General & Admin | $10.56M | - | $32.97M | - |
| Operating Income | $160.91K | - | $-1.66M | - |
| Interest Expense | - | - | $37.92K | - |
| Other Income/Expense | $139.80K | - | $485.64K | - |
| Income Before Tax | $300.72K | - | $-1.17M | - |
| Income Tax Expense | $10.35K | - | $35.14K | - |
| Net Income | $855.01K | $-3.60M | $1.92M | - |
| Basic EPS | 0.06 | - | 0.12 | - |
| Diluted EPS | 0.06 | - | 0.12 | - |
| Basic Shares Outstanding | $15.34M | - | $15.28M | - |
| Diluted Shares Outstanding | $15.40M | - | $15.35M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $29.70M | $25.05M |
| Accounts Receivable | $2.90M | $2.59M |
| Other Current Assets | $2.06M | $1.79M |
| Total Current Assets | $60.50M | $74.58M |
| Property Plant & Equipment | $3.04M | $3.21M |
| Total Assets | $69.39M | $83.15M |
| Accounts Payable | $1.20M | $1.75M |
| Accrued Liabilities | $761.20K | $1.51M |
| Deferred Revenue | $2.52M | $2.55M |
| Other Current Liabilities | $777.59K | $603.25K |
| Total Current Liabilities | $33.05M | $49.04M |
| Total Liabilities | $46.66M | $62.48M |
| Common Stock | $15.43K | $15.19K |
| Retained Earnings | $-25.79M | $-27.70M |
| Total Stockholders Equity | $22.70M | $20.65M |
| Total Liabilities & Equity | $69.39M | $83.15M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $855.01K | $-3.60M | $1.92M | - |
| Depreciation & Amortization | $446.74K | - | $1.27M | - |
| Stock-based Compensation | - | - | $971.14K | - |
| Change in Receivables | - | - | $-1.46M | - |
| Change in Payables | - | - | $-649.90K | - |
| Operating Cash Flow | - | - | $-1.06M | - |
| Capital Expenditure | - | - | $1.15M | - |
| Investing Cash Flow | - | - | $6.62M | - |
| Stock Repurchased | - | - | $2.29M | - |
| Financing Cash Flow | - | - | $-848.23K | - |
| Net Change in Cash | - | - | $4.72M | - |
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.