$9.18M
Revenue
$4.59M
Net Income
-3.27%
Gross Margin
-109.72%
Op. Margin
$-15.39M
Free Cash Flow
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2022) |
Q3 2021 (Sep 30, 2021) |
Q2 2021 (Jun 30, 2021) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.77M | $1.71M | $2.23M | $3.47M | $3.17M | $3.92M | $3.08M | $3.85M | $3.37M | - | - | - | - | - | - | - |
| Revenue Growth % (YoY) | -44.3% | -56.3% | -27.8% | -9.7% | nan% | 16.3% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | - | nan% | nan% |
| Cost of Revenue | $1.55M | $2.00M | $2.34M | $3.59M | $3.58M | $3.93M | $3.50M | $3.97M | $3.20M | - | - | - | - | - | - | - |
| Gross Profit | $214.18K | $-288.41K | $-110.30K | $-115.51K | $-409.38K | $-13.89K | $-417.00K | $-124.36K | $170.44K | - | - | - | - | - | - | - |
| Gross Margin % | 12.1% | -16.9% | -5.0% | -3.3% | -12.9% | -0.4% | -13.5% | -3.2% | 5.1% | nan% | nan% | nan% | nan% | - | nan% | nan% |
| Operating Expenses | $2.60M | $1.75M | $2.37M | $3.06M | $2.90M | $2.87M | $2.80M | $3.03M | $4.44M | - | - | - | - | - | - | - |
| Research & Development | $54.94K | $39.33K | $41.04K | $108.92K | $54.25K | $37.96K | $37.40K | $32.55K | $48.82K | - | - | - | - | - | - | - |
| Operating Income | $-2.38M | $-2.04M | $-2.48M | $-3.17M | $-3.31M | $-2.88M | $-3.22M | $-3.15M | $-4.27M | $-105.92K | $-363.65K | $-73.81K | $-56.16K | - | $-32.50K | - |
| Operating Margin % | -134.9% | -119.0% | -111.4% | -91.3% | -104.5% | -73.6% | -104.4% | -81.8% | -126.7% | nan% | nan% | nan% | nan% | - | nan% | nan% |
| Interest Expense | - | - | - | - | $87.74K | $79.31K | $79.31K | $79.31K | $24.09K | - | - | - | - | - | - | - |
| Other Income/Expense | $14.49M | $70.15K | $94.90K | $1.47K | $-87.69K | $56.00 | $59.00 | $-79.25K | $51.00 | - | - | - | - | - | - | - |
| Income Before Tax | $12.11M | $-1.97M | $-2.39M | $-3.17M | $-3.40M | $-2.88M | $-3.22M | $-3.23M | $-4.29M | - | - | - | - | - | - | - |
| Net Income | $12.11M | $-1.97M | $-2.39M | $-3.17M | $-3.40M | $-2.88M | $-3.22M | $-3.23M | $-4.29M | $232.33K | $-615.25K | $-501.50K | $3.36M | - | $60.25K | $-3.38K |
| Net Margin % | 685.7% | -114.9% | -107.1% | -91.2% | -107.2% | -73.6% | -104.4% | -83.9% | -127.4% | nan% | nan% | nan% | nan% | - | nan% | nan% |
| Basic EPS | nan | -0.59 | -0.92 | -1.85 | 90.67 | -43.82 | -0.25 | -0.28 | -0.61 | 0.06 | -0.15 | nan | nan | - | nan | nan |
| Diluted EPS | nan | -0.59 | -0.92 | -1.85 | 90.67 | -43.82 | -0.25 | -0.28 | -0.61 | 0.06 | nan | nan | nan | - | nan | nan |
| Basic Shares Outstanding | 367K | 3.3M | 2.6M | 1.7M | 207K | 79K | 12.9M | 11.4M | 7.0M | 4.2M | 4.2M | 14.5M | 14.5M | - | 14.5M | - |
| Diluted Shares Outstanding | 11.1M | 3.3M | 2.6M | 1.7M | 207K | 79K | 12.9M | 11.4M | 7.0M | 4.2M | 4.2M | 14.5M | 14.5M | - | 14.5M | - |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2022) |
Q3 2021 (Sep 30, 2021) |
Q2 2021 (Jun 30, 2021) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $1.82M | $3.48M | $8.27M | $12.25M | $5.87M | $311.88K | $528.12K | $595.55K | $903.91K | $19.88K | $66.39K | $418.97K | - | $211.72K | $656.56K | - |
| Accounts Receivable | $97.33K | $194.95K | $112.08K | $398.87K | $132.23K | $167.70K | $535.98K | $162.96K | $205.98K | - | - | - | - | - | - | - |
| Other Current Assets | $248.72K | $259.57K | $199.71K | $336.69K | $357.75K | $78.40K | $72.77K | $104.66K | $157.93K | - | - | $62.28K | - | - | - | - |
| Total Current Assets | $2.17M | $6.87M | $8.66M | $12.98M | $6.36M | $1.19M | $1.94M | $3.16M | $2.07M | - | - | $481.25K | $603.03K | $215.31K | $657.07K | $800.00 |
| Property Plant & Equipment | $2.50K | $3.14K | $3.78K | $4.42K | $5.05K | $5.69K | $6.33K | $6.97K | $8.24K | - | - | - | - | - | - | - |
| Intangible Assets | $86.75K | $86.75K | $86.75K | $86.75K | $86.75K | $86.75K | $20.40K | $53.58K | $85.54K | - | - | - | - | - | - | - |
| Total Assets | $25.68M | $12.89M | $14.47M | $18.46M | $10.80M | $3.36M | $4.17M | $5.56M | $4.76M | $13.18M | $13.06M | $117.21M | $117.33M | $13.05M | $117.38M | $199.04K |
| Accounts Payable | $1.62M | $903.41K | $367.36K | $551.80K | $280.45K | $1.83M | $1.52M | $1.39M | $2.88M | - | - | - | - | - | $45.83K | - |
| Accrued Liabilities | $1.15M | $1.69M | $1.36M | $2.11M | $1.66M | $3.05M | $2.75M | $2.44M | $825.59K | $410.82K | $340.15K | $14.14K | $27.74K | $97.98K | $11.20K | - |
| Deferred Revenue | $443.13K | $443.01K | $647.86K | $1.28M | $1.32M | $1.21M | $1.10M | $1.40M | $1.43M | - | - | - | - | $933.36K | - | - |
| Total Current Liabilities | $3.71M | $3.57M | $2.91M | $4.47M | $3.79M | $6.61M | $5.88M | $5.74M | $6.17M | - | $340.15K | $14.14K | $62.49K | $101.84K | $57.03K | - |
| Total Liabilities | $3.71M | $3.66M | $3.14M | $4.84M | $4.28M | $8.39M | $8.34M | $8.33M | $9.02M | $5.59M | $5.70M | $8.12M | $7.74M | $5.07M | $7.60M | - |
| Common Stock | $628.00 | $350.00 | $326.00 | $218.00 | $162.00 | $14.00 | $1.48K | $1.25K | $916.00 | - | - | - | - | - | - | - |
| Retained Earnings | $-47.96M | $-60.07M | $-58.10M | $-55.72M | $-52.55M | $-49.14M | $-45.72M | $-42.50M | $-36.11M | $-5.53M | $-5.61M | $-678.67K | $-177.17K | $-4.86M | $56.87K | $-3.38K |
| Total Stockholders Equity | $21.98M | $9.23M | $11.33M | $13.62M | $6.51M | $-5.03M | $-4.17M | $-2.77M | $-4.26M | $-5.53M | $-5.61M | $5.00M | $5.00M | $-4.86M | $5.00M | $21.62K |
| Total Liabilities & Equity | $25.68M | $12.89M | $14.47M | $18.46M | $10.80M | $3.36M | $4.17M | $5.56M | $4.76M | $13.18M | $13.06M | $117.21M | $117.33M | $13.05M | $117.38M | $199.04K |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2022) |
Q3 2021 (Sep 30, 2021) |
Q2 2021 (Jun 30, 2021) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $12.11M | $-1.97M | $-5.55M | $-3.17M | $-3.40M | $-2.88M | $-6.45M | $-3.23M | $-9.46M | $-382.92K | $-615.25K | $2.86M | $3.36M | - | $60.25K | $-3.38K |
| Depreciation & Amortization | $638.00 | $1.91K | $1.27K | $638.00 | $637.00 | $1.92K | $67.63K | $33.81K | $101.44K | - | - | - | - | - | - | - |
| Stock-based Compensation | $136.45K | $1.49M | $1.31M | $550.94K | $572.83K | $1.31M | $2.40M | $1.20M | $2.67M | - | - | - | - | - | - | - |
| Change in Receivables | $-97.62K | $62.72K | $-20.15K | $266.64K | $-35.47K | $71.16K | $439.44K | $66.42K | $-17.98K | - | - | - | - | - | - | - |
| Change in Payables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $45.83K | - |
| Operating Cash Flow | $692.11K | $-8.92M | $-4.98M | $-2.18M | $-3.39M | $-4.84M | $-4.71M | $-2.52M | $-2.74M | $-191.84K | $-145.33K | $-195.43K | $-60.02K | - | $20.85K | $-202.42K |
| Capital Expenditure | - | - | - | - | - | - | - | - | $4.34K | - | - | - | - | - | - | - |
| Purchases of Investments | - | - | - | - | - | - | - | - | $100.00K | - | - | - | - | - | - | - |
| Investing Cash Flow | $-2.85M | $-2.23M | $-1.68M | $-1.18M | $-2.40M | $-12.92K | $-13.02K | $-12.92K | $-169.53K | - | - | - | - | - | $-116.72M | - |
| Stock Issued | - | - | - | - | $10.12M | $1.73M | $1.73M | $1.11M | $1.61M | - | - | - | - | - | - | $25.00K |
| Financing Cash Flow | $499.20K | $8.75M | $9.05M | $9.73M | $11.34M | $3.06M | $3.15M | $1.03M | $2.29M | - | - | - | - | - | $117.36M | $202.42K |
| Net Change in Cash | $-1.66M | $-2.40M | $2.39M | $6.37M | $5.56M | $-1.79M | $-1.57M | $-1.50M | $-623.48K | $-191.84K | $-145.33K | $-195.43K | $-60.02K | - | $656.56K | - |
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 | $1.71M | - | $7.41M | - |
| Cost of Revenue | $2.00M | - | $7.93M | - |
| Gross Profit | $-288.41K | - | $-514.22K | - |
| Operating Expenses | $1.75M | - | $7.17M | - |
| Research & Development | $39.33K | - | $189.29K | - |
| Operating Income | $-2.04M | - | $-7.69M | - |
| Interest Expense | - | - | - | - |
| Other Income/Expense | $70.15K | - | $166.52K | - |
| Income Before Tax | $-1.97M | - | $-7.52M | - |
| Income Tax Expense | - | - | - | - |
| Net Income | $-1.97M | $-3.22M | $-7.52M | - |
| Basic EPS | -0.59 | - | -2.83 | - |
| Diluted EPS | -0.59 | - | -2.83 | - |
| Basic Shares Outstanding | $3.33M | - | $2.66M | - |
| Diluted Shares Outstanding | $3.33M | - | $2.66M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $3.48M | $5.87M |
| Accounts Receivable | $194.95K | $132.23K |
| Other Current Assets | $259.57K | $357.75K |
| Total Current Assets | $6.87M | $6.36M |
| Property Plant & Equipment | $3.14K | $5.05K |
| Intangible Assets | $86.75K | $86.75K |
| Total Assets | $12.89M | $10.80M |
| Accounts Payable | $903.41K | $280.45K |
| Accrued Liabilities | $1.69M | $1.66M |
| Deferred Revenue | $443.01K | $1.32M |
| Total Current Liabilities | $3.57M | $3.79M |
| Total Liabilities | $3.66M | $4.28M |
| Common Stock | $350.00 | $162.00 |
| Retained Earnings | $-60.07M | $-52.55M |
| Total Stockholders Equity | $9.23M | $6.51M |
| Total Liabilities & Equity | $12.89M | $10.80M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-1.97M | $-3.22M | $-7.52M | - |
| Depreciation & Amortization | - | - | $1.91K | - |
| Stock-based Compensation | - | - | $1.49M | - |
| Change in Receivables | - | - | $62.72K | - |
| Operating Cash Flow | - | - | $-8.92M | - |
| Investing Cash Flow | - | - | $-2.23M | - |
| Stock Issued | - | - | - | - |
| Financing Cash Flow | - | - | $8.75M | - |
| Net Change in Cash | - | - | $-2.40M | - |
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.