$6.63M
Revenue
$-5.24M
Net Income
2.41%
Gross Margin
-88.64%
Op. Margin
$-6.24M
Free Cash Flow
| Breakdown | Q3 2025 (Dec 31, 2025) |
Q2 2026 (Sep 30, 2025) |
Q1 2026 (Jun 30, 2025) |
Q4 2024 (Mar 31, 2025) |
Q3 2024 (Dec 31, 2024) |
Q2 2024 (Sep 30, 2024) |
Q1 2024 (Jun 30, 2024) |
Q2 2023 (Sep 30, 2023) |
Q1 2023 (Jun 30, 2023) |
Q4 2022 (Mar 31, 2024) |
Q3 2022 (Dec 31, 2022) |
Q2 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.89M | $1.22M | $1.68M | $1.85M | $4.00M | $2.74M | $2.20M | $2.44M | $1.81M | $3.76M | $1.93M | $2.30M |
| Revenue Growth % (YoY) | -52.8% | nan% | nan% | nan% | nan% | 12.3% | 21.5% | 6.0% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $1.69M | $1.22M | $1.66M | $1.90M | $3.51M | $2.47M | $2.00M | $2.04M | $1.47M | $3.96M | $1.36M | $1.31M |
| Gross Profit | $206.00K | $-1.00K | $11.00K | $-56.00K | $491.00K | $272.00K | $194.00K | $398.00K | $339.00K | $-193.00K | $571.00K | $991.00K |
| Gross Margin % | 10.9% | -0.1% | 0.7% | -3.0% | 12.3% | 9.9% | 8.8% | 16.3% | 18.7% | -5.1% | 29.6% | 43.1% |
| Operating Expenses | $2.72M | $2.41M | $2.98M | $4.39M | $4.74M | $3.85M | $3.42M | $3.10M | $2.67M | $5.23M | $2.41M | $2.60M |
| Selling General & Admin | $1.03M | $1.20M | $1.32M | $2.49M | $1.22M | $1.39M | $1.42M | $1.06M | $1.20M | $1.28M | $1.05M | $1.29M |
| Operating Income | $-826.00K | $-1.20M | $-1.31M | $-2.54M | $-733.00K | $-1.12M | $-1.22M | $-666.00K | $-859.00K | $-1.47M | $-480.00K | $-300.00K |
| Operating Margin % | -43.7% | -98.4% | -78.1% | -137.8% | -18.3% | -40.8% | -55.6% | -27.3% | -47.5% | -39.1% | -24.8% | -13.0% |
| Interest Expense | $12.00K | $7.00K | $3.00K | $3.00K | $6.00K | $3.00K | - | $3.00K | $2.00K | $-3.00K | $8.00K | $6.00K |
| Income Before Tax | $-694.00K | $-1.04M | $-1.14M | $-2.36M | $-527.00K | $-881.00K | $-959.00K | $2.72M | $-565.00K | $2.33M | $-241.00K | $-153.00K |
| Income Tax Expense | - | - | - | - | - | - | $3.00K | $88.00K | - | $90.00K | - | - |
| Net Income | $-694.00K | $-1.04M | $-1.14M | $-2.36M | $-527.00K | $-881.00K | $-962.00K | $2.63M | $-565.00K | $2.24M | $-241.00K | $-153.00K |
| Net Margin % | -36.7% | -85.8% | -68.1% | -127.9% | -13.2% | -32.2% | -43.8% | 108.1% | -31.2% | 59.4% | -12.5% | -6.7% |
| Basic EPS | -0.03 | -0.05 | -0.05 | -0.11 | -0.03 | -0.04 | -0.05 | 0.13 | -0.03 | 0.11 | -0.01 | -0.01 |
| Diluted EPS | -0.03 | -0.05 | -0.05 | -0.11 | -0.03 | -0.04 | -0.05 | 0.13 | -0.03 | 0.11 | -0.01 | -0.01 |
| Basic Shares Outstanding | 21.0M | 21.0M | 21.0M | - | 21.0M | 21.0M | 21.0M | 21.0M | 21.0M | -348 | 21.0M | 21.0M |
| Diluted Shares Outstanding | 21.0M | 21.0M | 21.0M | - | 21.0M | 21.0M | 21.0M | 21.0M | 21.0M | -348 | 21.0M | 21.0M |
| Breakdown | Q3 2025 (Dec 31, 2025) |
Q2 2026 (Sep 30, 2025) |
Q1 2026 (Jun 30, 2025) |
Q4 2024 (Mar 31, 2025) |
Q3 2024 (Dec 31, 2024) |
Q2 2024 (Sep 30, 2024) |
Q1 2024 (Jun 30, 2024) |
Q2 2023 (Sep 30, 2023) |
Q1 2023 (Jun 30, 2023) |
Q4 2022 (Mar 31, 2024) |
Q3 2022 (Dec 31, 2022) |
Q2 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $4.19M | $956.00K | $1.66M | $1.19M | $689.00K | $464.00K | $2.84M | $20.87M | $24.67M | $19.89M | $27.29M | $27.77M |
| Short-term Investments | $9.08M | $12.54M | $13.88M | $14.87M | $15.76M | $16.28M | $16.04M | - | - | - | - | - |
| Accounts Receivable | $1.46M | $1.20M | $1.33M | $1.50M | $3.51M | $2.11M | $1.73M | $1.83M | $1.19M | $1.34M | $927.00K | $1.07M |
| Other Current Assets | $245.00K | $362.00K | $330.00K | $247.00K | $281.00K | $410.00K | $651.00K | $414.00K | $296.00K | $274.00K | $254.00K | $445.00K |
| Total Current Assets | $19.58M | $20.10M | $22.63M | $22.79M | $25.56M | $25.73M | $27.87M | $29.25M | $30.23M | $28.60M | $31.66M | $31.96M |
| Property Plant & Equipment | $149.00K | $170.00K | $191.00K | $211.00K | $232.00K | $245.00K | $258.00K | $76.00K | $47.00K | $95.00K | $2.00K | $2.00K |
| Other Non-current Assets | $76.00K | $76.00K | $76.00K | $76.00K | $77.00K | $84.00K | $84.00K | $84.00K | $84.00K | $84.00K | $90.00K | $90.00K |
| Total Assets | $20.15M | $20.72M | $23.31M | $23.53M | $26.35M | $26.57M | $28.46M | $29.78M | $30.53M | $29.07M | $31.99M | $32.35M |
| Deferred Revenue | - | $32.00K | $64.00K | $96.00K | $127.00K | $149.00K | $170.00K | - | - | $191.00K | $182.00K | $113.00K |
| Total Current Liabilities | $1.33M | $1.17M | $2.67M | $1.71M | $2.13M | $1.78M | $2.33M | $1.37M | $4.41M | $1.97M | $5.34M | $5.42M |
| Total Liabilities | $1.53M | $1.41M | $2.95M | $2.04M | $2.50M | $2.19M | $3.19M | $2.25M | $5.64M | $2.84M | $6.64M | $6.76M |
| Common Stock | $529.00K | $529.00K | $529.00K | $529.00K | $529.00K | $529.00K | $529.00K | $529.00K | $529.00K | $529.00K | $529.00K | $529.00K |
| Retained Earnings | $-31.81M | $-31.12M | $-30.08M | $-28.94M | $-26.57M | $-26.05M | $-25.17M | $-22.90M | $-25.54M | $-24.20M | $-25.08M | $-24.84M |
| Treasury Stock | $33.20M | $33.20M | $33.20M | $33.20M | $33.20M | $33.20M | $33.20M | $33.20M | $33.20M | $33.20M | $33.20M | $33.20M |
| Total Stockholders Equity | $18.62M | $19.31M | $20.35M | $21.49M | $23.86M | $24.38M | $25.26M | $27.53M | $24.89M | $26.23M | $25.35M | $25.59M |
| Total Liabilities & Equity | $20.15M | $20.72M | $23.31M | $23.53M | $26.35M | $26.57M | $28.46M | $29.78M | $30.53M | $29.07M | $31.99M | $32.35M |
| Breakdown | Q3 2025 (Dec 31, 2025) |
Q2 2026 (Sep 30, 2025) |
Q1 2026 (Jun 30, 2025) |
Q4 2024 (Mar 31, 2025) |
Q3 2024 (Dec 31, 2024) |
Q2 2024 (Sep 30, 2024) |
Q1 2024 (Jun 30, 2024) |
Q2 2023 (Sep 30, 2023) |
Q1 2023 (Jun 30, 2023) |
Q4 2022 (Mar 31, 2024) |
Q3 2022 (Dec 31, 2022) |
Q2 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-694.00K | $-1.04M | $-1.14M | $-2.36M | $-527.00K | $-1.84M | $-962.00K | $2.63M | $-565.00K | $2.24M | $-241.00K | $-1.23M |
| Depreciation & Amortization | $62.00K | $41.00K | $20.00K | $21.00K | $58.00K | $37.00K | $17.00K | $10.00K | $4.00K | - | - | - |
| Change in Receivables | $-43.00K | $-296.00K | $-172.00K | $-907.00K | $2.17M | $769.00K | $382.00K | $711.00K | $46.00K | $506.00K | $-328.00K | $-248.00K |
| Change in Inventory | $-495.00K | $73.00K | $318.00K | $-248.00K | $-1.80M | $-825.00K | $-833.00K | $1.93M | $-106.00K | $2.91M | $233.00K | $447.00K |
| Operating Cash Flow | $-2.78M | $-2.55M | $-514.00K | $-391.00K | $-3.26M | $-2.97M | $-840.00K | $-4.31M | $-547.00K | $-6.98M | $1.72M | $2.20M |
| Capital Expenditure | - | - | - | - | $195.00K | $187.00K | $180.00K | $85.00K | $50.00K | $119.00K | - | - |
| Investing Cash Flow | $5.79M | $2.32M | $983.00K | $888.00K | $-15.95M | $-16.46M | $-16.21M | $-85.00K | $-50.00K | $-119.00K | - | - |
| Financing Cash Flow | $-1.00K | $-1.00K | - | - | $6.00K | $7.00K | $7.00K | - | - | $-1.00K | - | - |
| Net Change in Cash | $3.01M | $-230.00K | $469.00K | $497.00K | $-19.20M | $-19.43M | $-17.05M | $-4.40M | $-597.00K | $-7.10M | $1.72M | $2.20M |
SEC Filing Format - Data shown as it appears in the Q3 2025 (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 | $1.89M | - | $4.78M | - |
| Cost of Revenue | $1.69M | - | $4.57M | - |
| Operating Expenses | $2.72M | - | $8.11M | - |
| Selling General & Admin | $1.03M | - | $3.55M | - |
| Operating Income | $-826.00K | - | $-3.33M | - |
| Interest Expense | - | - | $12.00K | - |
| Income Before Tax | $-694.00K | - | $-2.88M | - |
| Income Tax Expense | - | - | - | - |
| Net Income | $-694.00K | $-881.00K | $-2.88M | - |
| Basic EPS | -0.03 | - | -0.14 | - |
| Diluted EPS | -0.03 | - | -0.14 | - |
Condensed Consolidated Balance Sheets
| Description | Dec 31, 2025 | Mar 31, 2025 |
|---|---|---|
| Cash & Cash Equivalents | $4.19M | $1.19M |
| Short-term Investments | $9.08M | $14.87M |
| Accounts Receivable | $1.46M | $1.50M |
| Other Current Assets | $245.00K | $247.00K |
| Total Current Assets | $19.58M | $22.79M |
| Property Plant & Equipment | $149.00K | $211.00K |
| Other Non-current Assets | $76.00K | $76.00K |
| Total Assets | $20.15M | $23.53M |
| Deferred Revenue | - | $96.00K |
| Total Current Liabilities | $1.33M | $1.71M |
| Total Liabilities | $1.53M | $2.04M |
| Common Stock | $529.00K | $529.00K |
| Retained Earnings | $-31.81M | $-28.94M |
| Treasury Stock | $33.20M | $33.20M |
| Total Stockholders Equity | $18.62M | $21.49M |
| Total Liabilities & Equity | $20.15M | $23.53M |
Condensed Consolidated Statements of Cash Flows
| Description | Dec 31, 2025 | Dec 31, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-694.00K | $-881.00K | $-2.88M | - |
| Depreciation & Amortization | - | - | $62.00K | - |
| Change in Receivables | - | - | $-43.00K | - |
| Change in Inventory | - | - | $-495.00K | - |
| Operating Cash Flow | - | - | $-2.78M | - |
| Investing Cash Flow | - | - | $5.79M | - |
| Financing Cash Flow | - | - | $-1.00K | - |
| Net Change in Cash | - | - | $3.01M | - |
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.