$28.08M
Revenue
$-1.79M
Net Income
23.25%
Gross Margin
-1.84%
Op. Margin
$-350.63K
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Total Revenue | $28.08M | $28.08M | $28.45M | $29.44M | $27.84M | - |
| Revenue Growth % | 0.0% | -1.3% | -3.4% | 5.8% | nan% | - |
| Cost of Revenue | $21.55M | $21.55M | $22.75M | $21.52M | $21.71M | - |
| Gross Profit | $6.53M | $6.53M | $5.70M | $7.92M | $6.13M | - |
| Gross Margin % | 23.3% | 23.3% | 20.0% | 26.9% | 22.0% | - |
| Operating Expenses | - | - | - | - | $787.64K | - |
| Research & Development | - | $600.00K | $1.00M | - | - | - |
| Operating Income | $-517.60K | $-517.60K | $-2.58M | $1.54M | $-787.64K | - |
| Operating Margin % | -1.8% | -1.8% | -9.1% | 5.2% | -2.8% | - |
| Interest Expense | $1.37M | $756.52K | $738.01K | $652.78K | $319.06K | - |
| Other Income/Expense | $-39.88K | $-39.88K | $346.83K | $-283.85K | $-61.16K | - |
| Income Before Tax | $-1.35M | $-1.35M | $-2.99M | $1.26M | $1.29M | - |
| Income Tax Expense | - | $439.94K | $-514.83K | $-719.17K | $445.79K | - |
| Net Income | $-1.79M | $-1.79M | $-2.48M | $1.98M | $847.62K | - |
| Net Margin % | -6.4% | -6.4% | -8.7% | 6.7% | 3.0% | - |
| Basic EPS | nan | -0.05 | -0.07 | 0.06 | -0.01 | - |
| Diluted EPS | nan | -0.05 | -0.07 | 0.06 | -0.01 | - |
| Basic Shares Outstanding | - | 36.9M | 36.7M | 32.4M | 31.6M | - |
| Diluted Shares Outstanding | - | 36.9M | 36.7M | 32.4M | 31.6M | - |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $358.87K | $598.79K | $2.16M | $117.51K | $494.60K |
| Accounts Receivable | $3.70M | $3.20M | $6.80M | $5.93M | $5.17M |
| Inventory | $7.88M | $6.95M | $5.83M | $3.63M | - |
| Total Current Assets | $15.14M | $13.90M | $15.15M | $260.70K | $666.51K |
| Property Plant & Equipment | $9.17M | $11.67M | $11.10M | $11.62M | - |
| Intangible Assets | - | - | $295.00K | - | - |
| Long-term Investments | - | - | - | $14.01M | $146.63M |
| Total Assets | $24.31M | $26.01M | $26.55M | $14.27M | $147.43M |
| Accounts Payable | $2.69M | $2.71M | $3.04M | $117.07K | $204.09K |
| Accrued Liabilities | $683.40K | $814.60K | $1.07M | $539.97K | - |
| Deferred Revenue | $66.42K | $36.51K | - | $348.10K | - |
| Total Current Liabilities | $11.23M | $10.57M | $11.38M | $117.07K | $204.09K |
| Long-term Debt | $2.63M | $3.08M | $2.02M | $1.91M | - |
| Deferred Tax Liabilities | - | - | $74.89K | $1.27M | - |
| Total Liabilities | $14.77M | $14.97M | $13.48M | $617.07K | $5.24M |
| Common Stock | $3.69K | $3.67K | $3.67K | $3.16K | - |
| Retained Earnings | $6.86M | $8.65M | $11.13M | $-265.62K | $-4.43M |
| Total Stockholders Equity | $9.54M | $11.03M | $13.06M | $-265.14K | $-4.43M |
| Total Liabilities & Equity | $24.31M | $26.01M | $26.55M | $14.27M | $147.43M |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Net Income | $-1.79M | $-1.79M | $-2.48M | $1.98M | $847.62K | - |
| Depreciation & Amortization | $4.71M | $2.61M | $2.77M | $2.77M | $3.14M | - |
| Stock-based Compensation | - | $300.00K | $450.00K | - | - | - |
| Deferred Income Tax | - | $439.94K | $-514.83K | $-1.20M | $-507.91K | - |
| Change in Receivables | $1.46M | $518.43K | $-1.18M | $848.52K | $756.52K | - |
| Change in Inventory | $2.72M | $1.01M | $1.31M | $2.33M | $-1.27M | - |
| Change in Payables | - | - | - | - | $-20.59K | - |
| Operating Cash Flow | $1.11M | $672.63K | $-942.83K | $2.79M | $-644.47K | - |
| Capital Expenditure | $1.46M | $644.29K | $1.24M | $1.92M | $1.24M | - |
| Investing Cash Flow | $-1.46M | $-644.29K | $-930.87K | $-1.92M | - | - |
| Debt Repayment | $2.08M | $1.74M | $420.80K | $2.91M | $917.40K | - |
| Financing Cash Flow | $-258.88K | $-268.26K | $314.24K | $761.02K | $267.38K | - |
| Net Change in Cash | $-609.50K | $-239.92K | $-1.56M | $1.63M | $-377.09K | - |
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 | $6.95M | - | $20.58M | - |
| Cost of Revenue | $6.10M | - | $15.82M | - |
| Gross Profit | $854.36K | - | $4.76M | - |
| Operating Income | $-1.22M | - | $-836.40K | - |
| Interest Expense | - | - | $622.20K | - |
| Other Income/Expense | $-210.53K | - | $-603.40K | - |
| Income Before Tax | $-1.43M | - | $-1.44M | - |
| Income Tax Expense | - | - | $9.59K | - |
| Net Income | $-1.43M | $281.84K | $-1.45M | - |
| Basic EPS | -0.04 | - | -0.04 | - |
| Diluted EPS | -0.04 | - | -0.04 | - |
| Basic Shares Outstanding | $36.92M | - | $36.92M | - |
| Diluted Shares Outstanding | $36.92M | - | $36.92M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $577.92K | $598.79K |
| Accounts Receivable | $5.82M | $5.74M |
| Inventory | $7.92M | $6.95M |
| Total Current Assets | $14.57M | $13.90M |
| Property Plant & Equipment | $9.74M | $11.67M |
| Total Assets | $24.58M | $26.01M |
| Accounts Payable | $2.36M | $2.71M |
| Accrued Liabilities | $1.02M | $814.60K |
| Deferred Revenue | $20.36K | $36.51K |
| Total Current Liabilities | $11.96M | $10.57M |
| Total Liabilities | $14.77M | $14.97M |
| Retained Earnings | $7.20M | $8.65M |
| Total Stockholders Equity | $9.81M | $11.03M |
| Total Liabilities & Equity | $24.58M | $26.01M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-1.43M | $281.84K | $-1.45M | - |
| Depreciation & Amortization | - | - | $2.03M | - |
| Stock-based Compensation | - | - | $225.00K | - |
| Deferred Income Tax | - | - | - | - |
| Change in Receivables | - | - | $103.31K | - |
| Change in Inventory | - | - | $962.15K | - |
| Operating Cash Flow | - | - | $676.53K | - |
| Capital Expenditure | - | - | $643.81K | - |
| Investing Cash Flow | - | - | $-643.81K | - |
| Debt Repayment | - | - | $346.46K | - |
| Financing Cash Flow | - | - | $-53.58K | - |
| Net Change in Cash | - | - | $-20.86K | - |
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.