$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) |
|---|---|---|---|---|---|---|
| Total Revenue | $1.89M | $1.22M | $1.68M | $1.85M | $4.00M | $2.74M |
| Revenue Growth % (YoY) | -52.8% | nan% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $1.69M | $1.22M | $1.66M | $1.90M | $3.51M | $2.47M |
| Gross Profit | $206.00K | $-1.00K | $11.00K | $-56.00K | $491.00K | $272.00K |
| Gross Margin % | 10.9% | -0.1% | 0.7% | -3.0% | 12.3% | 9.9% |
| Operating Expenses | $2.72M | $2.41M | $2.98M | $4.39M | $4.74M | $3.85M |
| Selling General & Admin | $1.03M | $1.20M | $1.32M | $2.49M | $1.22M | $1.39M |
| Operating Income | $-826.00K | $-1.20M | $-1.31M | $-2.54M | $-733.00K | $-1.12M |
| Operating Margin % | -43.7% | -98.4% | -78.1% | -137.8% | -18.3% | -40.8% |
| Interest Expense | $12.00K | $7.00K | $3.00K | $3.00K | $6.00K | $3.00K |
| Income Before Tax | $-694.00K | $-1.04M | $-1.14M | $-2.36M | $-527.00K | $-881.00K |
| Income Tax Expense | - | - | - | - | - | - |
| Net Income | $-694.00K | $-1.04M | $-1.14M | $-2.36M | $-527.00K | $-881.00K |
| Net Margin % | -36.7% | -85.8% | -68.1% | -127.9% | -13.2% | -32.2% |
| Basic EPS | -0.03 | -0.05 | -0.05 | -0.11 | -0.03 | -0.04 |
| Diluted EPS | -0.03 | -0.05 | -0.05 | -0.11 | -0.03 | -0.04 |
| Basic Shares Outstanding | 21.0M | 21.0M | 21.0M | - | 21.0M | 21.0M |
| Diluted Shares Outstanding | 21.0M | 21.0M | 21.0M | - | 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) |
|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $4.19M | $956.00K | $1.66M | $1.19M | $689.00K | $464.00K |
| Short-term Investments | $9.08M | $12.54M | $13.88M | $14.87M | $15.76M | $16.28M |
| Accounts Receivable | $1.46M | $1.20M | $1.33M | $1.50M | $3.51M | $2.11M |
| Other Current Assets | $245.00K | $362.00K | $330.00K | $247.00K | $281.00K | $410.00K |
| Total Current Assets | $19.58M | $20.10M | $22.63M | $22.79M | $25.56M | $25.73M |
| Property Plant & Equipment | $149.00K | $170.00K | $191.00K | $211.00K | $232.00K | $245.00K |
| Other Non-current Assets | $76.00K | $76.00K | $76.00K | $76.00K | $77.00K | $84.00K |
| Total Assets | $20.15M | $20.72M | $23.31M | $23.53M | $26.35M | $26.57M |
| Deferred Revenue | - | $32.00K | $64.00K | $96.00K | $127.00K | $149.00K |
| Total Current Liabilities | $1.33M | $1.17M | $2.67M | $1.71M | $2.13M | $1.78M |
| Total Liabilities | $1.53M | $1.41M | $2.95M | $2.04M | $2.50M | $2.19M |
| Common Stock | $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 |
| Treasury Stock | $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 |
| Total Liabilities & Equity | $20.15M | $20.72M | $23.31M | $23.53M | $26.35M | $26.57M |
| 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) |
|---|---|---|---|---|---|---|
| Net Income | $-694.00K | $-1.04M | $-1.14M | $-2.36M | $-527.00K | $-1.84M |
| Depreciation & Amortization | $62.00K | $41.00K | $20.00K | $21.00K | $58.00K | $37.00K |
| Change in Receivables | $-43.00K | $-296.00K | $-172.00K | $-907.00K | $2.17M | $769.00K |
| Change in Inventory | $-495.00K | $73.00K | $318.00K | $-248.00K | $-1.80M | $-825.00K |
| Operating Cash Flow | $-2.78M | $-2.55M | $-514.00K | $-391.00K | $-3.26M | $-2.97M |
| Capital Expenditure | - | - | - | - | $195.00K | $187.00K |
| Investing Cash Flow | $5.79M | $2.32M | $983.00K | $888.00K | $-15.95M | $-16.46M |
| Financing Cash Flow | $-1.00K | $-1.00K | - | - | $6.00K | $7.00K |
| Net Change in Cash | $3.01M | $-230.00K | $469.00K | $497.00K | $-19.20M | $-19.43M |
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.