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$21.09M
Revenue
$74.87K
Net Income
3.66%
Gross Margin
0.36%
Op. Margin
$439.18K
Free Cash Flow
Financial Statements Annual (10-K)
Showing 2 of 2 annual reports available (2024 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
+ Total Revenue $21.09M $20.99M $7.62M
Revenue Growth % 0.5% 175.7% nan%
Cost of Revenue $20.22M $20.22M $6.14M
+ Gross Profit $773.02K $773.02K $1.47M
Gross Margin % 3.7% 3.7% 19.3%
Operating Expenses $696.59K $696.59K $380.96K
+ Operating Income $76.43K $76.43K $1.09M
Operating Margin % 0.4% 0.4% 14.3%
Interest Expense $4.54K $2.53K $3.02K
Other Income/Expense - $37.32K $1.74K
Income Before Tax $126.21K $126.21K $1.09M
Income Tax Expense $51.33K $51.33K $309.35K
+ Net Income $74.87K $74.87K $778.24K
Net Margin % 0.4% 0.4% 10.2%
Basic EPS 0.00 0.00 0.05
Diluted EPS nan 0.00 0.05
Basic Shares Outstanding - 15.2M 14.4M
Diluted Shares Outstanding - 15.2M 14.4M
Breakdown FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
Cash & Cash Equivalents $7.02M $1.67M
Accounts Receivable $109.97K $18.16K
Other Current Assets $18.27K $27.98K
Total Current Assets $7.15M $3.32M
Property Plant & Equipment $335.54K $70.77K
Intangible Assets $564.75K $1.45K
Total Assets $10.02M $3.43M
Accounts Payable $93.73K $21.30K
Accrued Liabilities $50.61K $502.94K
Other Current Liabilities $1.87M $830.07K
Total Current Liabilities $2.08M $944.45K
Total Liabilities $2.38M $979.83K
Common Stock $16.23K $14.51K
Retained Earnings $1.23M $1.16M
Total Stockholders Equity $7.64M $2.45M
Total Liabilities & Equity $10.02M $3.43M
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
Net Income $155.50K $74.87K $778.24K
Depreciation & Amortization - $47.00K $18.76K
Deferred Income Tax - $51.33K $309.35K
Change in Receivables $1.89M $91.81K $8.68K
Change in Payables $29.84K $72.44K $4.60K
Operating Cash Flow $439.18K $524.43K $-4.84K
Purchases of Investments $685.44K $274.72K -
Investing Cash Flow $-1.07M $-927.73K $-3.51K
Stock Issued - $6.20M $980.00K
Financing Cash Flow $5.77M $5.75M $1.03M
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 $5.41M $234.88K $15.82M $585.53K
Cost of Revenue $5.20M $1.55M $15.34M $4.53M
Gross Profit $206.10K $504.63K $577.56K $887.79K
Operating Expenses $196.67K $102.76K $431.04K $343.36K
Operating Income $9.42K $401.87K $146.52K $544.43K
Interest Expense $616.00 $741.00 $1.95K $2.31K
Other Income/Expense - $1.04K $1.00 $1.55K
Income Before Tax $8.73K $401.89K $141.67K $543.19K
Income Tax Expense $9.04K $117.78K $46.93K $167.91K
Net Income $-305.00 $284.11K $94.74K $375.29K
Basic EPS 0.00 0.02 0.01 0.03
Basic Shares Outstanding $15.78M $14.48M $14.88M $14.25M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $3.66M $1.67M
Accounts Receivable $11.09K $18.16K
Other Current Assets $2.69M $27.98K
Total Current Assets $6.36M $3.32M
Property Plant & Equipment $354.18K $70.77K
Intangible Assets $2.87K $1.45K
Total Assets $8.62M $3.43M
Accounts Payable $90.78K $21.30K
Other Current Liabilities $890.24K $830.07K
Total Current Liabilities $1.10M $944.45K
Total Liabilities $1.42M $979.83K
Common Stock $16.23K $14.51K
Retained Earnings $1.25M $1.16M
Total Stockholders Equity $7.20M $2.45M
Total Liabilities & Equity $8.62M $3.43M
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $-305.00 $284.11K $94.74K $375.29K
Change in Receivables - - $-7.08K $1.44M
Change in Payables - - $69.47K $20.91K
Operating Cash Flow - - $-2.30M $-1.01M
Purchases of Investments - - $274.72K -
Investing Cash Flow - - $-307.73K $-2.46K
Stock Issued - - $4.66M $980.00K
Financing Cash Flow - - $4.60M $1.07M

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.

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