$96.97M
Revenue
$-35.51M
Net Income
16.37%
Gross Margin
-35.89%
Op. Margin
$-14.89M
Free Cash Flow
| Breakdown | Q2 2026 (Dec 31, 2025) |
Q1 2026 (Sep 30, 2025) |
Q4 2025 (Jun 30, 2025) |
Q3 2025 (Mar 31, 2025) |
Q2 2025 (Dec 31, 2024) |
Q1 2025 (Sep 30, 2024) |
|---|---|---|---|---|---|---|
| Total Revenue | $20.29M | $30.35M | $20.14M | $26.19M | $41.83M | $39.34M |
| Revenue Growth % (YoY) | -51.5% | -22.8% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $16.81M | $25.20M | $17.66M | $21.41M | $34.11M | $31.66M |
| Gross Profit | $3.47M | $5.15M | $2.48M | $4.78M | $7.72M | $7.67M |
| Gross Margin % | 17.1% | 17.0% | 12.3% | 18.2% | 18.5% | 19.5% |
| Operating Expenses | $10.35M | $7.84M | $17.12M | $15.36M | $15.08M | $12.94M |
| Operating Income | $-6.87M | $-2.70M | $-14.64M | $-10.59M | $-7.36M | $-5.26M |
| Operating Margin % | -33.9% | -8.9% | -72.7% | -40.4% | -17.6% | -13.4% |
| Interest Expense | $212.37K | $112.18K | $90.10K | $60.18K | $24.54K | $11.46K |
| Interest Income | $104.92K | $95.47K | - | - | $59.76K | $86.00 |
| Other Income/Expense | $83.57K | $-70.58K | $-139.18K | $-86.24K | $6.86K | $6.93K |
| Income Before Tax | $-6.50M | $-2.77M | $-14.68M | $-10.68M | $-7.54M | $-5.14M |
| Income Tax Expense | $106.59K | $486.07K | $109.93K | $176.99K | $460.03K | $456.75K |
| Net Income | $-6.60M | $-3.26M | $-14.79M | $-10.86M | $-8.00M | $-5.60M |
| Net Margin % | -32.5% | -10.7% | -73.4% | -41.5% | -19.1% | -14.2% |
| Basic EPS | -0.12 | -0.06 | -0.26 | -0.19 | -0.14 | -0.10 |
| Diluted EPS | -0.12 | -0.06 | -0.26 | -0.19 | -0.14 | -0.10 |
| Basic Shares Outstanding | 57.3M | 57.3M | 101K | 57.0M | 56.7M | 56.6M |
| Diluted Shares Outstanding | 57.3M | 57.3M | 101K | 57.0M | 56.7M | 56.6M |
| Breakdown | Q2 2026 (Dec 31, 2025) |
Q1 2026 (Sep 30, 2025) |
Q4 2025 (Jun 30, 2025) |
Q3 2025 (Mar 31, 2025) |
Q2 2025 (Dec 31, 2024) |
Q1 2025 (Sep 30, 2024) |
|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $17.57M | $22.66M | $24.35M | $23.52M | $34.37M | $37.73M |
| Accounts Receivable | $37.88M | $44.52M | $39.66M | $60.43M | $67.70M | $62.36M |
| Inventory | $5.04M | $6.16M | $6.65M | $7.83M | $7.90M | $6.99M |
| Other Current Assets | $3.12M | $1.73M | $2.24M | $2.18M | $2.32M | $1.41M |
| Total Current Assets | $63.65M | $75.13M | $72.91M | $94.03M | $112.32M | $108.51M |
| Property Plant & Equipment | $2.60M | $2.73M | $2.95M | $2.19M | $2.37M | $2.66M |
| Intangible Assets | $2.47M | $2.34M | $2.23M | $2.10M | $2.12M | $2.02M |
| Other Non-current Assets | $210.62K | $210.62K | $210.62K | $215.61K | $215.61K | $291.70K |
| Total Assets | $84.40M | $96.45M | $102.22M | $115.73M | $132.04M | $128.95M |
| Accounts Payable | $3.14M | $4.65M | $4.17M | $4.67M | $5.16M | $4.34M |
| Accrued Liabilities | $990.21K | - | - | - | - | - |
| Deferred Revenue | $4.97M | $2.96M | $4.86M | $1.56M | $1.88M | $2.25M |
| Total Current Liabilities | $60.19M | $65.81M | $72.54M | $96.18M | $106.24M | $96.37M |
| Total Liabilities | $92.06M | $98.22M | $101.61M | $100.94M | $107.81M | $98.24M |
| Common Stock | $5.73K | $5.73K | $5.72K | $5.71K | $5.67K | $5.66K |
| Retained Earnings | $-57.93M | $-51.32M | $-48.07M | $-33.28M | $-22.42M | $-14.42M |
| Treasury Stock | - | - | - | $60.49K | - | - |
| Total Stockholders Equity | $-7.66M | $-1.77M | $604.69K | $14.79M | $24.23M | $30.71M |
| Total Liabilities & Equity | $84.40M | $96.45M | $102.22M | $115.73M | $132.04M | $128.95M |
| Breakdown | Q2 2026 (Dec 31, 2025) |
Q1 2026 (Sep 30, 2025) |
Q4 2025 (Jun 30, 2025) |
Q3 2025 (Mar 31, 2025) |
Q2 2025 (Dec 31, 2024) |
Q1 2025 (Sep 30, 2024) |
|---|---|---|---|---|---|---|
| Net Income | $-6.60M | $-3.26M | $-14.79M | $-10.86M | $-13.59M | $-5.60M |
| Depreciation & Amortization | $481.24K | $253.41K | $220.20K | $592.28K | $393.32K | $204.81K |
| Stock-based Compensation | $1.76M | $938.15K | $692.53K | $4.92M | $3.45M | $2.01M |
| Change in Receivables | $-3.18M | $-744.25K | $-4.75M | $14.08M | $15.25M | $5.73M |
| Change in Inventory | $-73.12K | $-62.40K | $-447.88K | $1.49M | $1.67M | $700.32K |
| Change in Payables | $-7.01M | $-496.69K | $-195.90K | $10.96M | $20.71M | $9.52M |
| Operating Cash Flow | $-5.15M | $-1.18M | $4.70M | $-12.07M | $428.11K | $3.61M |
| Capital Expenditure | $76.88K | $7.50K | $959.75K | $140.96K | $322.76K | $268.78K |
| Purchases of Investments | $533.31K | - | - | - | - | - |
| Investing Cash Flow | $-903.03K | $-140.04K | $-3.51M | $-1.69M | $-1.10M | $-925.20K |
| Stock Repurchased | $45.00K | - | - | $60.49K | - | - |
| Financing Cash Flow | $-683.01K | $-319.00K | $-425.71K | $2.28M | - | - |
SEC Filing Format - Data shown as it appears in the Q2 2026 (10-Q) filing
Period ended: Dec 31, 2025
Condensed Consolidated Statements of Operations
| Description | Dec 31, 2025 | Dec 31, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $20.29M | - | $50.64M | - |
| Cost of Revenue | $16.81M | - | $42.02M | - |
| Gross Profit | $3.47M | - | $8.62M | - |
| Operating Expenses | $10.35M | - | $18.19M | - |
| Operating Income | $-6.87M | - | $-9.57M | - |
| Interest Expense | $100.19K | - | $212.37K | - |
| Interest Income | $104.92K | - | $200.39K | - |
| Other Income/Expense | $83.57K | - | $12.99K | - |
| Income Before Tax | $-6.50M | - | $-9.27M | - |
| Income Tax Expense | $106.59K | - | $592.65K | - |
| Net Income | $-6.60M | - | $-9.86M | - |
| Basic EPS | -0.12 | - | -0.17 | - |
| Diluted EPS | -0.12 | - | -0.17 | - |
Condensed Consolidated Balance Sheets
| Description | Dec 31, 2025 | Jun 30, 2025 |
|---|---|---|
| Cash & Cash Equivalents | $17.57M | $24.35M |
| Accounts Receivable | $37.88M | $39.66M |
| Inventory | $5.04M | $6.65M |
| Other Current Assets | $3.12M | $2.24M |
| Total Current Assets | $63.65M | $72.91M |
| Property Plant & Equipment | $2.60M | $2.95M |
| Intangible Assets | $2.47M | $2.23M |
| Other Non-current Assets | $210.62K | $210.62K |
| Total Assets | $84.40M | $102.22M |
| Accounts Payable | $3.14M | $4.17M |
| Accrued Liabilities | $990.21K | $1.18M |
| Deferred Revenue | $4.97M | $4.86M |
| Total Current Liabilities | $60.19M | $72.54M |
| Total Liabilities | $92.06M | $101.61M |
| Common Stock | $5.73K | $5.72K |
| Retained Earnings | $-57.93M | $-48.07M |
| Total Stockholders Equity | $-7.66M | $604.69K |
| Total Liabilities & Equity | $84.40M | $102.22M |
Condensed Consolidated Statements of Cash Flows
| Description | Dec 31, 2025 | Dec 31, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-6.60M | - | $-9.86M | - |
| Depreciation & Amortization | - | - | $481.24K | - |
| Stock-based Compensation | - | - | $1.76M | - |
| Change in Receivables | - | - | $-3.18M | - |
| Change in Inventory | - | - | $-73.12K | - |
| Change in Payables | - | - | $-7.01M | - |
| Operating Cash Flow | - | - | $-5.15M | - |
| Capital Expenditure | - | - | $76.88K | - |
| Purchases of Investments | - | - | $533.31K | - |
| Investing Cash Flow | - | - | $-903.03K | - |
| Stock Repurchased | - | - | $45.00K | - |
| Financing Cash Flow | - | - | $-683.01K | - |
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.