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Financial Statements Quarterly (10-Q)
Showing 11 of 17 quarterly reports available
Breakdown Q1 2026
(Sep 30, 2025)
Q1 2025
(Jun 30, 2025)
Q4 2025
(Jun 30, 2025)
Q3 2025
(Mar 31, 2025)
Q2 2024
(Dec 31, 2024)
Q4 2024
(Jun 30, 2024)
Q3 2024
(Mar 31, 2024)
Q1 2024
(Sep 30, 2023)
Q4 2023
(Jun 30, 2023)
Q3 2023
(Mar 31, 2023)
Q2 2023
(Dec 31, 2022)
+ Total Revenue - - - - - - - - $7.00K $54.00K $14.00K
Revenue Growth % (YoY) nan% nan% nan% nan% -100.0% -100.0% -100.0% nan% nan% nan% nan%
Operating Expenses $9.80M $5.79M $17.18M $10.19M $6.93M $5.55M $4.14M $5.87M $4.56M $4.39M $5.62M
Research & Development $3.37M $3.58M $3.69M $5.98M $5.10M $3.51M $2.57M $4.43M $3.19M $3.17M $3.76M
+ Operating Income $-9.80M $-5.79M $-17.18M $-10.19M $-6.93M $-5.55M $-4.14M $-5.87M $-4.55M $-4.34M $-5.61M
Operating Margin % nan% nan% nan% nan% nan% nan% nan% nan% -65000.0% -8038.9% -40071.4%
Other Income/Expense $-84.00K $35.00K $-126.00K - $-16.00K $-154.00K $-16.00K $-18.00K $-80.00K - $50.00K
+ Net Income $-8.96M $-5.06M $-16.15M $-9.35M $-6.80M $-4.72M $-4.28M $-5.95M $-4.66M $-4.40M $-5.41M
Net Margin % nan% nan% nan% nan% nan% nan% nan% nan% -66585.7% -8142.6% -38650.0%
Basic EPS -0.22 -0.48 -0.42 -0.24 -2.64 1.44 -1.64 -2.76 -13.45 -0.16 -0.20
Diluted EPS -0.22 -0.48 -0.42 -0.24 -2.64 1.44 -1.64 -2.76 -13.45 -0.16 -0.20
Basic Shares Outstanding 41.5M 10.6M 1.6M 38.6M 2.6M 1.6M 2.6M 2.2M -20.7M 28.0M 27.6M
Diluted Shares Outstanding 41.5M 10.6M 1.6M 38.6M 2.6M 1.6M 2.6M 2.2M -20.7M 28.0M 27.6M
Breakdown Q1 2026
(Sep 30, 2025)
Q1 2025
(Jun 30, 2025)
Q4 2025
(Jun 30, 2025)
Q3 2025
(Mar 31, 2025)
Q2 2024
(Dec 31, 2024)
Q4 2024
(Jun 30, 2024)
Q3 2024
(Mar 31, 2024)
Q1 2024
(Sep 30, 2023)
Q4 2023
(Jun 30, 2023)
Q3 2023
(Mar 31, 2023)
Q2 2023
(Dec 31, 2022)
Cash & Cash Equivalents $94.48M $67.84M $97.74M $103.58M $20.37M $50.87M - $25.86M $2.48M $6.55M $10.54M
Other Current Assets $480.00K $628.00K $628.00K $361.00K $355.00K $516.00K $157.00K $482.00K $1.18M $774.00K $356.00K
Total Current Assets $95.08M $68.33M $98.52M $104.01M $20.80M $51.67M $14.37M $26.41M $3.73M $7.39M $10.97M
Property Plant & Equipment $118.00K $154.00K $131.00K $145.00K $51.00K $179.00K $204.00K $68.00K $87.00K $106.00K $139.00K
Other Non-current Assets - $28.00K - - - - - - - $105.00K $116.00K
Total Assets $96.03M $68.77M $99.59M $105.21M $21.35M $52.21M $15.00M $27.05M $4.46M $8.22M $11.90M
Total Current Liabilities $2.02M $4.55M $1.80M $7.03M $5.75M $4.92M $3.44M $4.53M $3.98M $3.15M $2.49M
Total Liabilities $2.43M $4.59M $2.30M $7.64M $5.88M $4.96M $3.50M $4.75M $4.26M $3.51M $2.91M
Common Stock $2.00K $1.00K $2.00K $2.00K - $1.00K - - - $3.00K $3.00K
Retained Earnings $-237.14M $-195.32M $-228.18M $-212.03M $-180.64M $-190.26M $-184.92M $-173.84M $-167.89M $-163.23M $-158.83M
Total Stockholders Equity $93.60M $64.18M $97.30M $97.57M $15.47M $47.25M $11.50M $22.31M $202.00K $4.71M $8.99M
Total Liabilities & Equity $96.03M $68.77M $99.59M $105.21M $21.35M $52.21M $15.00M $27.05M $4.46M $8.22M $11.90M
Breakdown Q1 2026
(Sep 30, 2025)
Q1 2025
(Jun 30, 2025)
Q4 2025
(Jun 30, 2025)
Q3 2025
(Mar 31, 2025)
Q2 2024
(Dec 31, 2024)
Q4 2024
(Jun 30, 2024)
Q3 2024
(Mar 31, 2024)
Q1 2024
(Sep 30, 2023)
Q4 2023
(Jun 30, 2023)
Q3 2023
(Mar 31, 2023)
Q2 2023
(Dec 31, 2022)
Net Income $-8.96M $-5.06M $-16.15M $-9.35M $-6.80M $-4.72M $-4.28M $-5.95M $-4.66M $-14.90M $-10.50M
Depreciation & Amortization $13.00K $25.00K $14.00K $13.00K $36.00K $26.00K $25.00K $19.00K $21.00K $115.00K $41.00K
Stock-based Compensation $5.18M $435.00K $13.45M $3.98M $184.00K $454.00K $376.00K $91.00K $127.00K $325.00K $254.00K
Operating Cash Flow $-3.35M $-4.59M $-8.21M $-15.38M $-9.94M $-3.29M $-16.11M $-4.58M $-4.09M $-13.92M $-9.89M
Capital Expenditure - - - $18.00K $12.00K - $179.00K - $1.00K - -
Investing Cash Flow - - - $-18.00K - - $-179.00K - - - -
Financing Cash Flow - $21.66M $2.54M $67.94M $27.96M $40.07M $27.96M $27.92M - $16.02M $16.02M
Net Change in Cash $-3.27M $16.98M $-5.79M $52.72M $17.90M $36.77M $11.67M $23.39M $-4.08M $2.49M $6.47M
SEC Filing Format - Data shown as it appears in the Q1 2026 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025
Current Prior Year
Total Revenue - -
Operating Expenses $9.80M $5.79M
Research & Development $3.37M $3.58M
Operating Income $-9.80M $-5.79M
Other Income/Expense $-84.00K $35.00K
Net Income $-8.96M $-5.06M
Basic EPS -0.22 -0.18
Diluted EPS -0.22 -0.18
Basic Shares Outstanding $41.52M $27.88M
Diluted Shares Outstanding $41.52M $27.88M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Jun 30, 2025
Cash & Cash Equivalents $94.48M $97.74M
Other Current Assets $480.00K $628.00K
Total Current Assets $95.08M $98.52M
Property Plant & Equipment $118.00K $131.00K
Total Assets $96.03M $99.59M
Total Current Liabilities $2.02M $1.80M
Total Liabilities $2.43M $2.30M
Common Stock $2.00K $2.00K
Retained Earnings $-237.14M $-228.18M
Total Stockholders Equity $93.60M $97.30M
Total Liabilities & Equity $96.03M $99.59M
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025
Current Prior Year
Net Income $-8.96M $-5.06M
Depreciation & Amortization $13.00K $25.00K
Stock-based Compensation $5.18M $435.00K
Operating Cash Flow $-3.35M $-4.59M
Investing Cash Flow - -
Financing Cash Flow - $21.66M
Net Change in Cash $-3.27M $16.98M

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.

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