$19.46M
Revenue
$-10.58M
Net Income
-
Gross Margin
-23.38%
Op. Margin
$1.52M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Total Revenue | $19.46M | $19.46M | $11.56M | $10.91M | $20.96M | $12.44M |
| Revenue Growth % | -0.0% | 68.2% | 6.0% | -47.9% | 68.4% | nan% |
| Cost of Revenue | - | - | $2.58M | $2.13M | $2.57M | $2.10M |
| Gross Profit | - | - | $8.98M | $8.79M | $18.39M | $10.34M |
| Gross Margin % | nan% | nan% | 77.7% | 80.5% | 87.7% | 83.1% |
| Operating Income | $-4.55M | $-4.55M | $-7.35M | $-3.35M | $9.61M | $1.64M |
| Operating Margin % | -23.4% | -23.4% | -63.6% | -30.6% | 45.8% | 13.2% |
| Interest Expense | - | - | - | - | - | $9.00K |
| Other Income/Expense | $1.11M | $1.11M | $924.00K | $707.00K | $71.00K | $13.00K |
| Net Income | $-10.58M | $-10.58M | $-7.39M | $-3.08M | $1.79M | $-3.42M |
| Net Margin % | -54.4% | -54.4% | -63.9% | -28.2% | 8.5% | -27.5% |
| Basic EPS | -0.54 | -0.54 | -0.38 | -150.00 | 0.09 | -0.18 |
| Diluted EPS | nan | nan | -0.38 | -0.15 | nan | nan |
| Basic Shares Outstanding | - | 19.7M | 19.6M | - | - | - |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $5.29M | $6.83M | $5.70M | $8.50M | $5.60M |
| Accounts Receivable | $1.37M | $5.02M | $1.17M | $892.00K | $1.10M |
| Other Current Assets | $608.00K | $507.00K | $467.00K | $368.00K | $333.00K |
| Total Current Assets | $9.10M | $15.13M | $10.00M | $15.22M | $10.18M |
| Property Plant & Equipment | $18.24M | $17.40M | $16.06M | $15.88M | $17.00M |
| Other Non-current Assets | $20.62M | $17.61M | $16.16M | $11.31M | $10.74M |
| Total Assets | $47.97M | $50.14M | $42.22M | $42.41M | $37.92M |
| Deferred Revenue | $833.00K | $833.00K | $217.00K | $227.00K | $217.00K |
| Other Current Liabilities | $786.00K | $730.00K | $465.00K | $480.00K | $509.00K |
| Total Current Liabilities | $7.36M | $11.20M | $2.48M | $2.31M | $2.40M |
| Other Non-current Liabilities | - | $24.00K | $14.00K | $30.00K | $53.00K |
| Total Liabilities | $14.90M | $16.96M | $7.52M | $8.63M | $14.33M |
| Common Stock | $87.58M | $85.88M | $84.68M | $83.39M | $82.38M |
| Retained Earnings | $-71.59M | $-61.01M | $-53.62M | $-50.54M | $-52.32M |
| Total Stockholders Equity | $33.06M | $33.18M | $34.70M | $33.77M | $23.59M |
| Total Liabilities & Equity | $47.97M | $50.14M | $42.22M | $42.41M | $37.92M |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Net Income | $-10.58M | $-10.58M | $-7.39M | $-3.08M | $1.79M | $-3.42M |
| Depreciation & Amortization | - | $1.14M | $723.00K | $785.00K | $1.12M | $1.30M |
| Change in Receivables | - | $-3.00M | $4.08M | $416.00K | $-183.00K | $-191.00K |
| Change in Payables | - | $936.00K | $873.00K | $102.00K | $9.00K | $-319.00K |
| Operating Cash Flow | $1.52M | $2.08M | $370.00K | $-1.37M | $6.26M | $1.39M |
| Capital Expenditure | - | $2.56M | $1.87M | $618.00K | - | $29.00K |
| Investing Cash Flow | $-1.44M | $-3.38M | $-2.10M | $-864.00K | $-3.02M | $4.10M |
| Debt Repayment | $471.00K | $151.00K | $21.00K | - | - | $800.00K |
| Financing Cash Flow | $-873.00K | $-240.00K | $2.87M | $-574.00K | $-335.00K | $-760.00K |
| Net Change in Cash | $-792.00K | $-1.54M | $1.14M | $-2.81M | $2.91M | $4.73M |
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 | $4.53M | $3.03M | $14.93M | $8.15M |
| Operating Income | $-360.00K | $-2.23M | $-2.85M | $-5.52M |
| Other Income/Expense | $71.00K | $75.00K | $525.00K | $271.00K |
| Net Income | $240.00K | $-2.24M | $-9.40M | $-5.48M |
| Basic EPS | 0.01 | -0.11 | -0.48 | -0.28 |
| Diluted EPS | - | - | -0.48 | -0.27 |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $4.93M | $6.83M |
| Accounts Receivable | $2.41M | $5.02M |
| Other Current Assets | $1.06M | $507.00K |
| Total Current Assets | $10.12M | $15.13M |
| Property Plant & Equipment | $17.53M | $17.40M |
| Other Non-current Assets | $18.19M | $17.61M |
| Total Assets | $45.84M | $50.14M |
| Deferred Revenue | $904.00K | $833.00K |
| Other Current Liabilities | $564.00K | $730.00K |
| Total Current Liabilities | $7.35M | $11.20M |
| Other Non-current Liabilities | $125.00K | $24.00K |
| Total Liabilities | $12.12M | $16.96M |
| Common Stock | $87.32M | $85.88M |
| Retained Earnings | $-70.41M | $-61.01M |
| Total Stockholders Equity | $33.72M | $33.18M |
| Total Liabilities & Equity | $45.84M | $50.14M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $240.00K | $-2.24M | $-9.40M | $-5.48M |
| Operating Cash Flow | - | - | $-1.65M | $147.00K |
| Investing Cash Flow | - | - | $90.00K | $-2.62M |
| Debt Repayment | - | - | $130.00K | - |
| Financing Cash Flow | - | - | $-353.00K | $2.91M |
| Net Change in Cash | - | - | $-1.91M | $438.00K |
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.