$12.43M
Revenue
$-6.99M
Net Income
-
Gross Margin
-72.50%
Op. Margin
$-3.58M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
|---|---|---|---|---|---|---|
| Total Revenue | $12.43M | $12.43M | $14.05M | $13.73M | $9.71M | $7.30M |
| Revenue Growth % | 0.0% | -11.6% | 2.3% | 41.4% | 33.1% | nan% |
| Operating Expenses | $21.44M | $21.44M | $21.75M | $27.61M | $12.62M | $10.92M |
| Operating Income | $-9.01M | $-9.01M | $-7.70M | $-13.88M | $-2.91M | $-3.64M |
| Operating Margin % | -72.5% | -72.5% | -54.8% | -101.1% | -30.0% | -49.9% |
| Interest Expense | - | $1.04M | $1.58M | $1.61M | $456.48K | $80.83K |
| Other Income/Expense | $-54.90K | $-54.90K | $51.34K | $6.53K | $-18.19M | $-54.59K |
| Income Before Tax | - | $-6.99M | $-9.07M | - | - | - |
| Net Income | $-6.99M | $-6.99M | $-9.07M | $-12.01M | $-21.10M | $-3.70M |
| Net Margin % | -56.2% | -56.2% | -64.5% | -87.5% | -217.3% | -50.7% |
| Basic EPS | nan | -1.28 | -9.01 | -5.16 | nan | nan |
| Diluted EPS | nan | -1.28 | -9.01 | -5.16 | nan | nan |
| Basic Shares Outstanding | 1.6M | 5.5M | 1.0M | 2.8M | - | - |
| Diluted Shares Outstanding | 1.6M | 5.5M | 1.0M | 2.8M | - | - |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $1.32M | $372.69K | $1.33M | $4.14M | $45.21K |
| Accounts Receivable | - | - | - | $1.02M | $236.65K |
| Other Current Assets | $766.99K | $681.45K | $333.76K | $2.33M | $38.08K |
| Total Current Assets | $4.27M | $3.99M | $4.38M | $7.98M | $810.09K |
| Property Plant & Equipment | $77.20K | $133.91K | $140.00K | $130.36K | $375.95K |
| Goodwill | $4.79M | $6.69M | $6.69M | $10.05M | $9.27M |
| Intangible Assets | $3.39M | $5.42M | $11.04M | $7.08M | $5.98M |
| Other Non-current Assets | $18.49K | $21.79K | $20.29K | $16.79K | $1.80K |
| Total Assets | $13.55M | $17.32M | $23.02M | $27.68M | $17.92M |
| Accounts Payable | $496.65K | $936.95K | - | - | - |
| Short-term Debt | $58.94K | $58.83K | $56.20K | - | - |
| Accrued Liabilities | $49.81K | $83.98K | - | - | - |
| Total Current Liabilities | $2.40M | $3.57M | $3.19M | $44.98M | $6.88M |
| Long-term Debt | $5.10M | $11.06M | $11.03M | $7.09M | $7.89M |
| Other Non-current Liabilities | - | $326.00 | - | - | - |
| Total Liabilities | $7.12M | $14.32M | $15.87M | $53.74M | $17.81M |
| Common Stock | $915.39K | $193.48K | $409.51K | $940.83K | $363.52K |
| Retained Earnings | $-55.06M | $-48.07M | $-39.00M | $-33.46M | $-12.48M |
| Total Stockholders Equity | $6.43M | $3.00M | $7.15M | $-26.07M | $114.39K |
| Total Liabilities & Equity | $13.55M | $17.32M | $23.02M | $27.68M | $17.92M |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
|---|---|---|---|---|---|---|
| Net Income | $-6.99M | $-6.99M | $-9.07M | $-12.01M | $-21.10M | $-3.70M |
| Depreciation & Amortization | $2.40M | $1.33M | $1.79M | $2.61M | $1.61M | $1.33M |
| Stock-based Compensation | $5.80M | $4.83M | $533.63K | $875.11K | $749.13K | $1.47M |
| Change in Receivables | $-1.51M | $-515.10K | $161.45K | $304.54K | $162.23K | $132.83K |
| Operating Cash Flow | $-3.55M | $-3.09M | $-2.52M | $-847.97K | $-2.25M | $-468.46K |
| Capital Expenditure | $30.75K | $15.90K | $24.26K | $22.86K | $71.11K | - |
| Acquisitions | - | - | - | - | $1.61M | $596.19K |
| Purchases of Investments | - | - | - | - | - | $1.35M |
| Investing Cash Flow | $5.29M | $5.33M | $-83.23K | $710.19K | $-2.30M | $-1.95M |
| Debt Repayment | $7.14M | $5.99M | $1.40M | $1.09M | - | $165.00K |
| Stock Issued | - | - | - | $1.03M | $10.50M | $1.20M |
| Dividends Paid | - | $388.38K | - | - | - | - |
| Financing Cash Flow | $790.45K | $-1.30M | $1.66M | $966.92K | $8.64M | $3.12M |
| Net Change in Cash | $2.52M | $933.66K | $-941.22K | $829.14K | $4.09M | $38.00K |
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 | $2.50M | - | $9.82M | - |
| Operating Expenses | $6.41M | - | $17.51M | - |
| Operating Income | $-3.91M | - | $-7.69M | - |
| Other Income/Expense | $-16.47K | - | $-41.07K | - |
| Net Income | $-1.16M | $-1.49M | $-5.60M | - |
| Basic EPS | -0.20 | - | -1.44 | - |
| Diluted EPS | -0.20 | - | -1.44 | - |
| Basic Shares Outstanding | $5.83M | - | $3.89M | - |
| Diluted Shares Outstanding | $5.83M | - | $3.89M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $2.58M | $372.69K |
| Other Current Assets | $690.77K | $681.45K |
| Total Current Assets | $5.02M | $3.99M |
| Property Plant & Equipment | $111.29K | $133.91K |
| Goodwill | $5.56M | $6.69M |
| Intangible Assets | $3.74M | $5.42M |
| Other Non-current Assets | $20.29K | $21.79K |
| Total Assets | $15.66M | $17.32M |
| Short-term Debt | $106.41K | $58.83K |
| Total Current Liabilities | $3.42M | $3.57M |
| Long-term Debt | $4.65M | $9.47M |
| Other Non-current Liabilities | $326.00 | $326.00 |
| Total Liabilities | $8.91M | $14.32M |
| Common Stock | $806.26K | $193.48K |
| Retained Earnings | $-53.68M | $-48.07M |
| Total Stockholders Equity | $6.74M | $3.00M |
| Total Liabilities & Equity | $15.66M | $17.32M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-1.16M | $-1.49M | $-5.60M | - |
| Depreciation & Amortization | $313.69K | - | $1.02M | - |
| Stock-based Compensation | $2.74M | - | $4.59M | - |
| Change in Receivables | - | - | $-596.34K | - |
| Operating Cash Flow | - | - | $-1.47M | - |
| Capital Expenditure | - | - | $15.90K | - |
| Investing Cash Flow | - | - | $4.29M | - |
| Debt Repayment | - | - | $5.91M | - |
| Financing Cash Flow | - | - | $-1.11M | - |
| Net Change in Cash | - | - | $1.71M | - |
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.