-
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) |
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) |
Q1 2023 (Sep 30, 2022) |
Q4 2022 (Jun 30, 2022) |
Q3 2022 (Mar 31, 2022) |
Q2 2022 (Dec 31, 2021) |
Q1 2022 (Sep 30, 2021) |
Q4 2021 (Jun 30, 2021) |
Q3 2021 (Mar 31, 2021) |
Q2 2021 (Dec 31, 2020) |
Q1 2021 (Sep 30, 2020) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | - | - | - | - | - | - | - | - | $7.00K | $54.00K | $14.00K | - | - | $48.00K | $25.00K | - | $2.00K | $1.00K | $1.00K | $55.00K |
| Revenue Growth % (YoY) | nan% | nan% | nan% | nan% | -100.0% | -100.0% | -100.0% | nan% | nan% | 12.5% | -44.0% | nan% | -100.0% | 4700.0% | 2400.0% | -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 | $4.58M | $4.74M | $3.51M | $4.86M | $4.82M | $3.86M | $3.79M | $3.26M | $2.75M |
| Research & Development | $3.37M | $3.58M | $3.69M | $5.98M | $5.10M | $3.51M | $2.57M | $4.43M | $3.19M | $3.17M | $3.76M | $2.66M | $3.18M | $2.17M | $3.15M | $2.78M | $2.32M | $2.76M | $1.17M | $774.00K |
| Operating Income | $-9.80M | $-5.79M | $-17.18M | $-10.19M | $-6.93M | $-5.55M | $-4.14M | $-5.87M | $-4.55M | $-4.34M | $-5.61M | $-4.58M | $-4.74M | $-3.46M | $-4.83M | $-4.82M | $-3.85M | $-3.79M | $-3.26M | $-2.69M |
| Operating Margin % | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | -65000.0% | -8038.9% | -40071.4% | nan% | nan% | -7208.3% | -19340.0% | nan% | -192750.0% | -379300.0% | -325900.0% | -4890.9% |
| Other Income/Expense | $-84.00K | $35.00K | $-126.00K | - | $-16.00K | $-154.00K | $-16.00K | $-18.00K | $-80.00K | - | $50.00K | $-513.00K | $-50.00K | $-29.00K | - | $-223.00K | - | $37.00K | $10.00K | $27.00K |
| Net Income | $-8.96M | $-5.06M | $-16.15M | $-9.35M | $-6.80M | $-4.72M | $-4.28M | $-5.95M | $-4.66M | $-4.40M | $-5.41M | $-5.09M | $-5.07M | $-3.27M | $-4.82M | $-5.04M | $-4.00M | $-3.91M | $-3.25M | $-2.72M |
| Net Margin % | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | -66585.7% | -8142.6% | -38650.0% | nan% | nan% | -6822.9% | -19284.0% | nan% | -200150.0% | -390900.0% | -325200.0% | -4941.8% |
| Basic EPS | -0.22 | -0.48 | -0.42 | -0.24 | -2.64 | 1.44 | -1.64 | -2.76 | -13.45 | -0.16 | -0.20 | -0.47 | -0.62 | nan | nan | nan | nan | nan | nan | nan |
| Diluted EPS | -0.22 | -0.48 | -0.42 | -0.24 | -2.64 | 1.44 | -1.64 | -2.76 | -13.45 | -0.16 | -0.20 | -0.47 | -0.62 | nan | nan | nan | nan | nan | nan | nan |
| 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 | 10.9M | - | - | - | - | - | - | - | - |
| 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 | 10.9M | - | - | - | - | - | - | - | - |
| 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) |
Q1 2023 (Sep 30, 2022) |
Q4 2022 (Jun 30, 2022) |
Q3 2022 (Mar 31, 2022) |
Q2 2022 (Dec 31, 2021) |
Q1 2022 (Sep 30, 2021) |
Q4 2021 (Jun 30, 2021) |
Q3 2021 (Mar 31, 2021) |
Q2 2021 (Dec 31, 2020) |
Q1 2021 (Sep 30, 2020) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $94.48M | $67.84M | $97.74M | $103.58M | $20.37M | $50.87M | - | $25.86M | $2.48M | $6.55M | $10.54M | $16.53M | $4.06M | $8.63M | $12.33M | $15.73M | $19.77M | $11.99M | $14.01M | $7.45M |
| 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 | $531.00K | $741.00K | $206.00K | $338.00K | $642.00K | $814.00K | $409.00K | $352.00K | $588.00K |
| 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 | $17.08M | $4.82M | $8.84M | $12.67M | $16.37M | $20.61M | $12.41M | $14.38M | $8.06M |
| 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 | $179.00K | $222.00K | $214.00K | $268.00K | $323.00K | $375.00K | $563.00K | $610.00K | $503.00K |
| Other Non-current Assets | - | $28.00K | - | - | - | - | - | - | - | $105.00K | $116.00K | $119.00K | $135.00K | $156.00K | $161.00K | $169.00K | $185.00K | $197.00K | $210.00K | - |
| Total Assets | $96.03M | $68.77M | $99.59M | $105.21M | $21.35M | $52.21M | $15.00M | $27.05M | $4.46M | $8.22M | $11.90M | $18.11M | $5.97M | $10.06M | $14.01M | $17.84M | $21.38M | $13.43M | $15.51M | $8.92M |
| 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 | $3.01M | $2.53M | $1.91M | $2.48M | $1.60M | $1.37M | $2.44M | $779.00K | $1.02M |
| Total Liabilities | $2.43M | $4.59M | $2.30M | $7.64M | $5.88M | $4.96M | $3.50M | $4.75M | $4.26M | $3.51M | $2.91M | $3.50M | $3.09M | $2.54M | $3.18M | $2.36M | $1.37M | $2.50M | $887.00K | $1.18M |
| Common Stock | $2.00K | $1.00K | $2.00K | $2.00K | - | $1.00K | - | - | - | $3.00K | $3.00K | $3.00K | $1.00K | $1.00K | $1.00K | $1.00K | $1.00K | $5.00K | $4.00K | $1.00K |
| Retained Earnings | $-237.14M | $-195.32M | $-228.18M | $-212.03M | $-180.64M | $-190.26M | $-184.92M | $-173.84M | $-167.89M | $-163.23M | $-158.83M | $-153.42M | $-148.33M | $-143.26M | $-139.99M | $-135.16M | $-130.12M | $-126.12M | $-122.21M | $-119.34M |
| 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 | $14.61M | $2.88M | $7.52M | $10.84M | $15.47M | $20.01M | $10.93M | $14.62M | $7.74M |
| 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 | $18.11M | $5.97M | $10.06M | $14.01M | $17.84M | $21.38M | $13.43M | $15.51M | $8.92M |
| 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) |
Q1 2023 (Sep 30, 2022) |
Q4 2022 (Jun 30, 2022) |
Q3 2022 (Mar 31, 2022) |
Q2 2022 (Dec 31, 2021) |
Q1 2022 (Sep 30, 2021) |
Q4 2021 (Jun 30, 2021) |
Q3 2021 (Mar 31, 2021) |
Q2 2021 (Dec 31, 2020) |
Q1 2021 (Sep 30, 2020) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-8.96M | $-5.06M | $-16.15M | $-9.35M | $-6.80M | $-4.72M | $-4.28M | $-5.95M | $-4.66M | $-14.90M | $-10.50M | $-5.09M | $-5.07M | $-3.27M | $-9.87M | $-5.04M | $-4.00M | $-3.91M | $-3.25M | $-2.72M |
| Depreciation & Amortization | $13.00K | $25.00K | $14.00K | $13.00K | $36.00K | $26.00K | $25.00K | $19.00K | $21.00K | $115.00K | $41.00K | $42.00K | $6.00K | $161.00K | $107.00K | $52.00K | $52.00K | $179.00K | $112.00K | $45.00K |
| 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 | $302.00K | $168.00K | $702.00K | $510.00K | $271.00K | $279.00K | $355.00K | $120.00K | $38.00K |
| 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 | $-4.04M | $-4.86M | $-11.04M | $-7.62M | $-4.28M | $-5.16M | $-7.67M | $-5.69M | $-2.36M |
| Capital Expenditure | - | - | - | $18.00K | $12.00K | - | $179.00K | - | $1.00K | - | - | - | $13.00K | - | - | - | $-141.00K | $362.00K | $347.00K | $173.00K |
| Investing Cash Flow | - | - | - | $-18.00K | - | - | $-179.00K | - | - | - | - | - | $-13.00K | - | - | - | $141.00K | $-362.00K | $-347.00K | $-173.00K |
| Stock Issued | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $14.25M | $11.50M | $11.49M | - |
| Financing Cash Flow | - | $21.66M | $2.54M | $67.94M | $27.96M | $40.07M | $27.96M | $27.92M | - | $16.02M | $16.02M | $16.02M | - | - | - | - | $12.67M | $9.85M | $9.85M | - |
| 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 | $12.47M | $-4.57M | $-11.14M | $-7.44M | $-4.04M | $7.78M | $2.19M | $4.21M | - |
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.