-
Revenue
-
Net Income
-
Gross Margin
-
Op. Margin
-
Free Cash Flow
| 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) |
|---|---|---|---|---|---|
| Total Revenue | - | - | - | - | - |
| Revenue Growth % (YoY) | nan% | nan% | nan% | nan% | nan% |
| Operating Expenses | $9.80M | $5.79M | $17.18M | $10.19M | $8.61M |
| Research & Development | $3.37M | $3.58M | $3.69M | $5.98M | $5.07M |
| Operating Income | $-9.80M | $-5.79M | $-17.18M | $-10.19M | $-8.61M |
| Operating Margin % | nan% | nan% | nan% | nan% | nan% |
| Other Income/Expense | $-84.00K | $35.00K | $-126.00K | - | $-40.00K |
| Net Income | $-8.96M | $-5.06M | $-16.15M | $-9.35M | $-7.36M |
| Net Margin % | nan% | nan% | nan% | nan% | nan% |
| Basic EPS | -0.22 | -0.48 | -0.42 | -0.24 | -0.33 |
| Diluted EPS | -0.22 | -0.48 | -0.42 | -0.24 | -0.33 |
| Basic Shares Outstanding | 41.5M | 10.6M | 1.6M | 38.6M | 22.1M |
| Diluted Shares Outstanding | 41.5M | 10.6M | 1.6M | 38.6M | 22.1M |
| 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) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $94.48M | $67.84M | $97.74M | $103.58M | $78.28M |
| Other Current Assets | $480.00K | $628.00K | $628.00K | $361.00K | $366.00K |
| Total Current Assets | $95.08M | $68.33M | $98.52M | $104.01M | $78.71M |
| Property Plant & Equipment | $118.00K | $154.00K | $131.00K | $145.00K | $151.00K |
| Other Non-current Assets | - | $28.00K | - | - | - |
| Total Assets | $96.03M | $68.77M | $99.59M | $105.21M | $79.07M |
| Total Current Liabilities | $2.02M | $4.55M | $1.80M | $7.03M | $3.09M |
| Total Liabilities | $2.43M | $4.59M | $2.30M | $7.64M | $3.13M |
| Common Stock | $2.00K | $1.00K | $2.00K | $2.00K | $2.00K |
| Retained Earnings | $-237.14M | $-195.32M | $-228.18M | $-212.03M | $-202.68M |
| Total Stockholders Equity | $93.60M | $64.18M | $97.30M | $97.57M | $75.94M |
| Total Liabilities & Equity | $96.03M | $68.77M | $99.59M | $105.21M | $79.07M |
| 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) |
|---|---|---|---|---|---|
| Net Income | $-8.96M | $-5.06M | $-16.15M | $-9.35M | $-7.36M |
| Depreciation & Amortization | $13.00K | $25.00K | $14.00K | $13.00K | $39.00K |
| Stock-based Compensation | $5.18M | $435.00K | $13.45M | $3.98M | $1.38M |
| Operating Cash Flow | $-3.35M | $-4.59M | $-8.21M | $-15.38M | $-12.29M |
| Capital Expenditure | - | - | - | $18.00K | $12.00K |
| Investing Cash Flow | - | - | - | $-18.00K | $-12.00K |
| Financing Cash Flow | - | $21.66M | $2.54M | $67.94M | $39.53M |
| Net Change in Cash | $-3.27M | $16.98M | $-5.79M | $52.72M | $27.42M |
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.