$124.00K
Revenue
$-10.78M
Net Income
-
Gross Margin
-8729.03%
Op. Margin
$-11.57M
Free Cash Flow
| Breakdown | 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 | - | - | $42.00K | $82.00K | $42.00K | $57.00K |
| Revenue Growth % (YoY) | -100.0% | -100.0% | nan% | nan% | nan% | nan% |
| Cost of Revenue | - | - | $42.00K | $82.00K | $42.00K | $48.00K |
| Gross Profit | - | - | - | - | - | $9.00K |
| Gross Margin % | nan% | nan% | 0.0% | 0.0% | 0.0% | 15.8% |
| Operating Expenses | $3.26M | $2.67M | $2.56M | $2.34M | $3.02M | $2.17M |
| Research & Development | $1.64M | $1.52M | $1.12M | $1.20M | $1.48M | $1.09M |
| Operating Income | $-3.26M | $-2.67M | $-2.56M | $-2.34M | $-3.02M | $-2.17M |
| Operating Margin % | nan% | nan% | -6102.4% | -2850.0% | -7192.9% | -3798.2% |
| Other Income/Expense | $56.00K | $12.00K | $-4.00K | $-7.00K | - | $20.00K |
| Income Before Tax | - | - | - | $-2.34M | $-3.02M | - |
| Income Tax Expense | - | - | - | $14.00K | - | - |
| Net Income | $-3.20M | $-2.66M | $-2.57M | $-2.36M | $-3.02M | $-2.15M |
| Net Margin % | nan% | nan% | -6111.9% | -2875.6% | -7192.9% | -3763.2% |
| Basic EPS | 0.07 | 0.06 | 0.06 | 0.06 | 0.08 | 0.06 |
| Diluted EPS | 0.07 | 0.06 | 0.06 | 0.06 | 0.08 | 0.06 |
| Basic Shares Outstanding | 47.1M | 46.8M | 43.4M | 487K | 37.6M | 37.1M |
| Diluted Shares Outstanding | 47.1M | 46.8M | 43.4M | 487K | 37.6M | 37.1M |
| Breakdown | 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 | $8.57M | $10.86M | $12.57M | $8.66M | $6.92M | $9.06M |
| Accounts Receivable | - | - | $126.00K | $126.00K | $42.00K | $57.00K |
| Other Current Assets | $405.00K | $438.00K | $519.00K | $186.00K | $383.00K | $482.00K |
| Total Current Assets | $17.01M | $19.31M | $21.22M | $8.97M | $7.34M | $9.60M |
| Property Plant & Equipment | $114.00K | $79.00K | $57.00K | $57.00K | $65.00K | $76.00K |
| Total Assets | $17.41M | $19.67M | $21.60M | $9.39M | $7.74M | $10.04M |
| Accounts Payable | $216.00K | $383.00K | $134.00K | $132.00K | $184.00K | $69.00K |
| Total Current Liabilities | $1.57M | $1.84M | $1.62M | $1.18M | $1.11M | $1.29M |
| Total Liabilities | $2.17M | $2.41M | $2.22M | $1.31M | $1.29M | $1.50M |
| Common Stock | $1.00K | $1.00K | $1.00K | $1.00K | $1.00K | $1.00K |
| Retained Earnings | $-122.35M | $-119.15M | $-116.49M | $-113.93M | $-111.57M | $-108.55M |
| Total Stockholders Equity | $15.23M | $17.26M | $19.38M | $8.08M | $6.45M | $8.53M |
| Total Liabilities & Equity | $17.41M | $19.67M | $21.60M | $9.39M | $7.74M | $10.04M |
| Breakdown | 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 | $-3.20M | $-5.22M | $-2.57M | $-2.36M | $-7.18M | $-2.15M |
| Stock-based Compensation | $2.04M | $1.11M | $604.00K | $566.00K | $1.99M | $1.06M |
| Deferred Income Tax | - | - | - | $14.00K | - | - |
| Change in Receivables | $-126.00K | $-126.00K | - | $84.00K | $42.00K | $57.00K |
| Change in Payables | $84.00K | $251.00K | $2.00K | $-52.00K | $101.00K | $-14.00K |
| Operating Cash Flow | $-5.54M | $-3.04M | $-1.40M | $-1.47M | $-5.35M | $-3.20M |
| Capital Expenditure | $80.00K | $37.00K | $8.00K | $3.00K | - | - |
| Investing Cash Flow | $-80.00K | $-37.00K | $-8.00K | $-3.00K | - | - |
| Stock Issued | $6.25M | $6.18M | $6.18M | $3.36M | $601.00K | $601.00K |
| Financing Cash Flow | $13.54M | $13.29M | $13.34M | $3.22M | $1.26M | $1.25M |
| Net Change in Cash | - | $10.21M | $11.93M | $1.75M | $-4.09M | $-1.95M |
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 | - | $42.00K | $42.00K | $99.00K |
| Cost of Revenue | - | $42.00K | $42.00K | $90.00K |
| Gross Profit | - | - | - | $9.00K |
| Operating Expenses | $3.26M | $3.02M | $8.49M | $7.26M |
| Research & Development | $1.64M | $1.48M | $4.29M | $3.30M |
| Operating Income | $-3.26M | $-3.02M | $-8.49M | $-7.25M |
| Other Income/Expense | $56.00K | - | $64.00K | $65.00K |
| Net Income | $-3.20M | $-3.02M | $-8.42M | $-7.18M |
| Basic EPS | 0.07 | 0.08 | 0.18 | 0.19 |
| Diluted EPS | 0.07 | 0.08 | 0.18 | 0.19 |
| Basic Shares Outstanding | $47.09M | $37.64M | $45.83M | $37.16M |
| Diluted Shares Outstanding | $47.09M | $37.64M | $45.83M | $37.16M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $8.57M | $8.66M |
| Accounts Receivable | - | $126.00K |
| Other Current Assets | $405.00K | $186.00K |
| Total Current Assets | $17.01M | $8.97M |
| Property Plant & Equipment | $114.00K | $57.00K |
| Total Assets | $17.41M | $9.39M |
| Accounts Payable | $216.00K | $132.00K |
| Total Current Liabilities | $1.57M | $1.18M |
| Total Liabilities | $2.17M | $1.31M |
| Common Stock | $1.00K | $1.00K |
| Retained Earnings | $-122.35M | $-113.93M |
| Total Stockholders Equity | $15.23M | $8.08M |
| Total Liabilities & Equity | $17.41M | $9.39M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-3.20M | $-3.02M | $-8.42M | $-7.18M |
| Stock-based Compensation | - | - | $2.04M | $1.99M |
| Change in Receivables | - | - | $-126.00K | $133.00K |
| Change in Payables | - | - | $84.00K | $101.00K |
| Operating Cash Flow | - | - | $-5.54M | $-5.35M |
| Capital Expenditure | - | - | $80.00K | - |
| Investing Cash Flow | - | - | $-80.00K | - |
| Stock Issued | - | - | $6.25M | $620.00K |
| Financing Cash Flow | - | - | $13.54M | $1.26M |
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.