$16.55M
Revenue
$-7.34M
Net Income
3.01%
Gross Margin
-44.58%
Op. Margin
$-5.87M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
|---|---|---|---|
| Total Revenue | $16.55M | $16.55M | $16.04M |
| Revenue Growth % | 0.0% | 3.2% | nan% |
| Cost of Revenue | $16.05M | $16.05M | $13.70M |
| Gross Profit | $497.73K | $497.73K | $2.34M |
| Gross Margin % | 3.0% | 3.0% | 14.6% |
| Operating Expenses | $23.93M | $23.93M | $16.69M |
| Selling General & Admin | - | $7.88M | $2.30M |
| Operating Income | $-7.38M | $-7.38M | $-645.75K |
| Operating Margin % | -44.6% | -44.6% | -4.0% |
| Interest Expense | $47.27K | $39.23K | $5.85K |
| Interest Income | $381.29K | $381.29K | - |
| Other Income/Expense | $17.79K | $17.79K | $862.36K |
| Income Before Tax | $-7.36M | $-7.36M | $65.45K |
| Income Tax Expense | - | $-15.16K | $-109.42K |
| Net Income | $-7.34M | $-7.34M | $174.87K |
| Net Margin % | -44.4% | -44.4% | 1.1% |
| Basic EPS | nan | -0.41 | 0.01 |
| Diluted EPS | nan | -0.41 | 0.01 |
| Basic Shares Outstanding | 495K | 17.9M | 15.0M |
| Diluted Shares Outstanding | 495K | 17.9M | 15.0M |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
|---|---|---|
| Cash & Cash Equivalents | $1.20M | $557.62K |
| Accounts Receivable | $1.40M | $1.20M |
| Other Current Assets | $75.00K | - |
| Total Current Assets | $5.22M | $2.25M |
| Property Plant & Equipment | $1.21M | $1.19M |
| Intangible Assets | $470.52K | $739.40K |
| Total Assets | $11.00M | $4.99M |
| Accounts Payable | $423.49K | $339.45K |
| Deferred Revenue | $23.09K | - |
| Total Current Liabilities | $1.62M | $1.78M |
| Long-term Debt | $1.04M | - |
| Deferred Tax Liabilities | - | $187.11K |
| Total Liabilities | $2.37M | $2.44M |
| Common Stock | $1.97K | $1.50K |
| Retained Earnings | $-4.94M | $2.40M |
| Total Stockholders Equity | $8.62M | $2.54M |
| Total Liabilities & Equity | $11.00M | $4.99M |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
|---|---|---|---|
| Net Income | $-7.87M | $-7.34M | $174.87K |
| Depreciation & Amortization | $667.62K | $339.89K | $96.98K |
| Stock-based Compensation | - | $5.36M | $207.02K |
| Deferred Income Tax | - | $-187.11K | $-195.11K |
| Change in Receivables | $7.49K | $199.42K | $385.75K |
| Operating Cash Flow | $-3.81M | $-1.78M | $-593.73K |
| Capital Expenditure | $2.06M | $355.37K | $1.20M |
| Investing Cash Flow | $-18.96M | $-5.86M | $-1.21M |
| Stock Issued | $25.38M | $8.46M | - |
| Financing Cash Flow | $25.52M | $8.28M | $907.36K |
| Net Change in Cash | - | - | $-898.36K |
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 | $4.49M | $3.74M | $12.28M | $12.17M |
| Cost of Revenue | $3.12M | $3.28M | $9.95M | $10.38M |
| Operating Expenses | $8.72M | $4.17M | $18.50M | $12.25M |
| Operating Income | $-4.23M | $-435.15K | $-6.23M | $-81.15K |
| Interest Expense | $31.82K | $56.69K | $8.30K | $4.11K |
| Interest Income | $114.91K | - | $288.11K | - |
| Other Income/Expense | $83.09K | $407.76K | $4.17K | $405.02K |
| Income Before Tax | $-4.15M | $-27.38K | $-6.22M | $323.87K |
| Income Tax Expense | - | $138.00 | $-15.16K | $96.18K |
| Net Income | $-4.15M | $-27.52K | $-6.21M | $227.69K |
| Basic EPS | -0.23 | 0.00 | -0.36 | 0.02 |
| Diluted EPS | -0.23 | 0.00 | -0.36 | 0.02 |
| Basic Shares Outstanding | $17.83M | $15.00M | $17.43M | $15.00M |
| Diluted Shares Outstanding | $17.83M | $15.00M | $17.43M | $15.00M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $463.35K | $557.62K |
| Accounts Receivable | $1.51M | $1.20M |
| Other Current Assets | $286.75K | - |
| Total Current Assets | $2.42M | $2.25M |
| Property Plant & Equipment | $1.84M | $1.19M |
| Intangible Assets | $537.74K | $739.40K |
| Total Assets | $10.71M | $4.99M |
| Deferred Revenue | - | $142.09K |
| Other Current Liabilities | $84.49K | $1.10M |
| Total Current Liabilities | $938.17K | $1.78M |
| Deferred Tax Liabilities | - | $187.11K |
| Total Liabilities | $1.55M | $2.44M |
| Common Stock | $1.94K | $1.50K |
| Retained Earnings | $-3.81M | $2.40M |
| Total Stockholders Equity | $9.16M | $2.54M |
| Total Liabilities & Equity | $10.71M | $4.99M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-4.15M | $-27.52K | $-6.21M | $227.69K |
| Depreciation & Amortization | - | - | $367.10K | $46.86K |
| Stock-based Compensation | $3.78M | - | $4.77M | - |
| Deferred Income Tax | - | $40.05K | $-187.11K | $96.18K |
| Change in Receivables | - | - | $309.45K | $140.24K |
| Operating Cash Flow | - | - | $-1.58M | $-812.82K |
| Capital Expenditure | - | - | $1.01M | $39.35K |
| Investing Cash Flow | - | - | $-6.26M | $164.66K |
| Stock Issued | - | - | $8.46M | - |
| Financing Cash Flow | - | - | $7.75M | $417.87K |
| Net Change in Cash | - | - | $-94.27K | $-230.29K |
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.