-
Revenue
-
Net Income
-
Gross Margin
-
Op. Margin
-
Free Cash Flow
| Breakdown | Q1 2026 (Sep 30, 2025) |
Q1 2025 (Jun 30, 2025) |
Q4 2025 (Jun 30, 2025) |
Q3 2025 (Mar 31, 2025) |
Q2 2025 (Dec 31, 2024) |
|---|---|---|---|---|---|
| Total Revenue | - | - | - | - | - |
| Revenue Growth % (YoY) | nan% | nan% | nan% | nan% | nan% |
| Operating Expenses | $8.21M | $6.98M | $8.52M | $8.80M | $15.01M |
| Research & Development | $191.00K | - | $824.46K | $1.98M | $3.23M |
| Operating Income | $-8.21M | $-6.98M | $-8.52M | $-8.80M | $-15.01M |
| Operating Margin % | nan% | nan% | nan% | nan% | nan% |
| Interest Expense | - | - | $63.67K | $317.37K | $93.53K |
| Other Income/Expense | - | $-319.51K | $572.90K | $435.14K | $37.17K |
| Net Income | $-8.18M | $-5.89M | $-10.18M | $-6.66M | $-14.17M |
| Net Margin % | nan% | nan% | nan% | nan% | nan% |
| Basic EPS | -0.47 | -0.42 | -0.65 | -0.46 | -0.99 |
| Diluted EPS | -0.47 | -0.42 | -0.65 | -0.46 | -0.99 |
| Basic Shares Outstanding | 17.5M | 14.1M | 325K | 14.5M | 14.3M |
| Diluted Shares Outstanding | 17.5M | 14.1M | 325K | 14.5M | 14.3M |
| Breakdown | Q1 2026 (Sep 30, 2025) |
Q1 2025 (Jun 30, 2025) |
Q4 2025 (Jun 30, 2025) |
Q3 2025 (Mar 31, 2025) |
Q2 2025 (Dec 31, 2024) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $39.56M | $39.44M | $39.44M | $25.64M | $59.44M |
| Other Current Assets | $2.70M | $1.90M | $1.90M | $2.94M | $2.19M |
| Total Current Assets | $46.46M | $56.70M | $56.70M | $37.95M | $67.31M |
| Property Plant & Equipment | $348.00K | $308.00K | $307.74K | $236.00K | $222.90K |
| Total Assets | $484.16M | $446.46M | $446.46M | $381.52M | $362.92M |
| Accounts Payable | - | $5.71M | - | - | - |
| Total Current Liabilities | $50.32M | $36.60M | $36.61M | $34.38M | $38.05M |
| Other Non-current Liabilities | $68.00K | $57.00K | $57.43K | $73.25K | $103.98K |
| Total Liabilities | $68.80M | $57.01M | $57.01M | $56.19M | $53.87M |
| Common Stock | $18.00K | $17.00K | $16.72K | $14.54K | $14.54K |
| Retained Earnings | $-175.46M | $-167.28M | $-167.28M | $-157.10M | $-150.44M |
| Total Stockholders Equity | $295.15M | $287.72M | $287.72M | $239.85M | $243.88M |
| Total Liabilities & Equity | $484.16M | $446.46M | $446.46M | $381.52M | $362.92M |
| Breakdown | Q1 2026 (Sep 30, 2025) |
Q1 2025 (Jun 30, 2025) |
Q4 2025 (Jun 30, 2025) |
Q3 2025 (Mar 31, 2025) |
Q2 2025 (Dec 31, 2024) |
|---|---|---|---|---|---|
| Net Income | $-8.18M | $-5.89M | $-10.18M | $-26.72M | $-14.17M |
| Depreciation & Amortization | $2.00K | $30.68K | $1.31K | $84.63K | $61.41K |
| Stock-based Compensation | $215.00K | $1.13M | $1.33M | $3.03M | $1.83M |
| Operating Cash Flow | $-13.80M | $-4.15M | $-6.43M | $-23.20M | $-8.90M |
| Investing Cash Flow | $-28.43M | $-14.50M | $-25.09M | $-73.68M | $-35.81M |
| Stock Issued | $10.97M | - | $46.09M | - | - |
| Financing Cash Flow | $37.94M | $16.74M | $52.71M | $48.34M | $31.36M |
SEC Filing Format - Data shown as it appears in the Q1 2026 (10-Q) filing
Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Total Revenue | - | - |
| Operating Expenses | $8.21M | $6.98M |
| Research & Development | $191.00K | - |
| Operating Income | $-8.21M | $-6.98M |
| Other Income/Expense | - | $-320.00K |
| Net Income | $-8.18M | $-5.89M |
| Basic EPS | -0.47 | -0.42 |
| Diluted EPS | -0.47 | -0.42 |
| Basic Shares Outstanding | $17.53M | $14.12M |
| Diluted Shares Outstanding | $17.53M | $14.12M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|
| Cash & Cash Equivalents | $39.56M | $39.44M |
| Other Current Assets | $2.70M | $1.90M |
| Total Current Assets | $46.46M | $56.70M |
| Property Plant & Equipment | $348.00K | $308.00K |
| Total Assets | $484.16M | $446.46M |
| Total Current Liabilities | $50.32M | $36.60M |
| Other Non-current Liabilities | $68.00K | $57.00K |
| Total Liabilities | $68.80M | $57.01M |
| Common Stock | $18.00K | $17.00K |
| Retained Earnings | $-175.46M | $-167.28M |
| Total Stockholders Equity | $295.15M | $287.72M |
| Total Liabilities & Equity | $484.16M | $446.46M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Net Income | $-8.18M | $-5.89M |
| Depreciation & Amortization | $2.00K | $31.00K |
| Stock-based Compensation | $215.00K | $1.13M |
| Operating Cash Flow | $-13.80M | $-4.15M |
| Investing Cash Flow | $-28.43M | $-14.50M |
| Stock Issued | $10.97M | - |
| Financing Cash Flow | $37.94M | $16.74M |
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.