-
Revenue
$-12.20M
Net Income
-
Gross Margin
-
Op. Margin
$-5.95M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
|---|---|---|---|
| Cost of Revenue | $15.59M | $15.59M | $24.76M |
| Gross Profit | $-3.10M | $-3.10M | $-1.40M |
| Operating Expenses | $6.15M | $6.15M | $6.13M |
| Operating Income | $-9.25M | $-9.25M | $-7.52M |
| Interest Expense | - | $715.45K | $6.52M |
| Other Income/Expense | $-2.95M | $-2.95M | $-7.21M |
| Income Tax Expense | - | - | - |
| Net Income | $-12.20M | $-12.20M | $-14.73M |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
|---|---|---|
| Cash & Cash Equivalents | $35.37K | $385.12K |
| Accounts Receivable | $4.69K | $1.12M |
| Inventory | $678.37K | $3.15M |
| Other Current Assets | $609.26K | $339.12K |
| Total Current Assets | $1.33M | $5.00M |
| Property Plant & Equipment | $5.09M | $6.16M |
| Goodwill | $3.21M | $3.21M |
| Total Assets | $19.21M | $26.95M |
| Total Current Liabilities | $15.12M | $12.40M |
| Total Liabilities | $16.03M | $15.45M |
| Common Stock | $2.59K | $1.90K |
| Retained Earnings | $-36.17M | $-23.97M |
| Total Stockholders Equity | $3.19M | $11.50M |
| Total Liabilities & Equity | $19.21M | $26.95M |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
|---|---|---|---|
| Net Income | $-12.20M | $-12.20M | $-14.73M |
| Depreciation & Amortization | $9.82K | $9.82K | $5.89K |
| Stock-based Compensation | $738.01K | $659.13K | $632.21K |
| Deferred Income Tax | - | - | - |
| Change in Receivables | $-986.32K | $-1.12M | $-2.39M |
| Change in Inventory | $-4.67M | $-2.47M | $712.05K |
| Operating Cash Flow | $-5.74M | $-3.27M | $-7.49M |
| Capital Expenditure | $208.90K | $133.64K | $789.76K |
| Investing Cash Flow | $-1.07M | $-368.06K | $-1.48M |
| Stock Issued | $374.00 | $374.00 | $11.34M |
| Financing Cash Flow | $-116.27K | $1.13M | $7.62M |
| Net Change in Cash | $-7.15M | $-2.51M | $-1.37M |
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 | |
| Cost of Revenue | $2.39M | - | $14.11M | - |
| Gross Profit | $-1.05M | - | $-1.89M | - |
| Operating Expenses | $1.50M | - | $5.06M | - |
| Operating Income | $-2.55M | - | $-6.96M | - |
| Interest Expense | - | - | $685.88K | - |
| Other Income/Expense | $-1.24M | - | $-2.38M | - |
| Income Tax Expense | - | - | - | - |
| Net Income | $-3.79M | $-3.56M | $-9.33M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $362.52K | $385.12K |
| Accounts Receivable | $204.47K | $1.12M |
| Inventory | $1.35M | $3.15M |
| Other Current Assets | $732.73K | $339.12K |
| Total Current Assets | $2.65M | $5.00M |
| Property Plant & Equipment | $5.36M | $6.16M |
| Goodwill | $3.21M | $3.21M |
| Total Assets | $20.85M | $26.95M |
| Total Current Liabilities | $12.56M | $12.40M |
| Total Liabilities | $15.39M | $15.45M |
| Common Stock | $2.35K | $1.90K |
| Retained Earnings | $-33.30M | $-23.97M |
| Total Stockholders Equity | $5.46M | $11.50M |
| Total Liabilities & Equity | $20.85M | $26.95M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-3.79M | $-3.56M | $-9.33M | - |
| Depreciation & Amortization | $2.57K | - | $7.51K | - |
| Stock-based Compensation | $237.06K | $189.79K | $546.42K | - |
| Change in Receivables | - | - | $-919.43K | - |
| Change in Inventory | - | - | $-1.80M | - |
| Operating Cash Flow | $-1.25M | - | $-1.98M | - |
| Capital Expenditure | - | - | $94.30K | - |
| Investing Cash Flow | - | - | $-465.59K | - |
| Stock Issued | - | - | - | - |
| Financing Cash Flow | - | - | $316.23K | - |
| Net Change in Cash | - | - | $-2.13M | - |
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.