$79.36M
Revenue
$-30.33M
Net Income
34.00%
Gross Margin
-35.90%
Op. Margin
$12.58M
Free Cash Flow
| Breakdown | TTM (Sep 30, 2025) |
FY 2025 (Sep 30, 2025) |
FY 2024 (Sep 30, 2024) |
FY 2023 (Sep 30, 2023) |
FY 2022 (Sep 30, 2022) |
FY 2021 (Sep 30, 2021) |
|---|---|---|---|---|---|---|
| Total Revenue | $79.36M | $79.36M | $101.21M | $113.31M | $106.30M | $85.20M |
| Revenue Growth % | 0.0% | -21.6% | -10.7% | 6.6% | 24.8% | nan% |
| Cost of Revenue | $52.38M | $52.38M | $64.13M | $73.12M | $66.79M | $50.67M |
| Gross Profit | $26.98M | $26.98M | $36.23M | $35.55M | $39.51M | $34.53M |
| Gross Margin % | 34.0% | 34.0% | 35.8% | 31.4% | 37.2% | 40.5% |
| Selling General & Admin | $28.95M | $28.95M | $33.81M | $42.00M | $28.30M | $24.74M |
| Operating Income | $-28.49M | $-28.49M | $-6.73M | $-14.97M | $17.29M | $3.73M |
| Operating Margin % | -35.9% | -35.9% | -6.6% | -13.2% | 16.3% | 4.4% |
| Interest Expense | $25.00K | $26.00K | $557.00K | $520.00K | $164.00K | $239.00K |
| Interest Income | $240.00K | $239.00K | $57.00K | $366.00K | $210.00K | $53.00K |
| Other Income/Expense | $83.00K | $84.00K | $63.00K | $31.00K | $1.50M | $-291.00K |
| Income Before Tax | $-27.99M | $-27.99M | $-7.51M | $-15.18M | $18.79M | $3.43M |
| Income Tax Expense | $2.33M | $2.33M | $975.00K | $-2.60M | $1.42M | $1.93M |
| Net Income | $-30.33M | $-30.33M | $-8.49M | $-12.58M | $17.37M | $1.51M |
| Net Margin % | -38.2% | -38.2% | -8.4% | -11.1% | 16.3% | 1.8% |
| Basic EPS | -2.12 | -2.12 | -0.60 | -0.89 | 1.24 | 0.11 |
| Diluted EPS | -2.12 | -2.12 | -0.60 | -0.89 | 1.22 | 0.11 |
| Basic Shares Outstanding | 14.3M | 14.3M | 14.2M | 14.1M | 14.0M | 14.2M |
| Diluted Shares Outstanding | 14.3M | 14.3M | 14.2M | 14.1M | 14.2M | 14.3M |
| Breakdown | FY 2025 (Sep 30, 2025) |
FY 2024 (Sep 30, 2024) |
FY 2023 (Sep 30, 2023) |
FY 2022 (Sep 30, 2022) |
FY 2021 (Sep 30, 2021) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $17.90M | $11.09M | $13.13M | $46.87M | $32.84M |
| Accounts Receivable | $19.88M | $21.99M | $26.47M | $25.01M | $22.50M |
| Inventory | $18.74M | $26.87M | $34.84M | $25.49M | $22.07M |
| Other Current Assets | $3.57M | $4.30M | $6.11M | $5.56M | $2.41M |
| Total Current Assets | $60.18M | $64.38M | $81.19M | $102.94M | $80.87M |
| Property Plant & Equipment | $10.23M | $11.65M | $9.70M | $6.55M | $14.08M |
| Goodwill | $908.00K | $21.26M | $27.63M | $11.17M | $11.17M |
| Intangible Assets | $1.09M | $4.00M | $6.11M | $758.00K | $858.00K |
| Other Non-current Assets | $1.15M | $884.00K | $1.07M | $783.00K | $661.00K |
| Total Assets | $92.87M | $118.95M | $137.02M | $133.53M | $116.91M |
| Accounts Payable | $7.74M | $5.36M | $10.81M | $7.30M | $8.23M |
| Accrued Liabilities | $726.00K | $477.00K | $1.55M | $900.00K | $903.00K |
| Deferred Revenue | $6.46M | $8.96M | $8.02M | $7.23M | $1.62M |
| Total Current Liabilities | $20.48M | $19.60M | $29.72M | $22.63M | $15.11M |
| Long-term Debt | $168.00K | $189.00K | $8.42M | $220.00K | $4.40M |
| Other Non-current Liabilities | $859.00K | $57.00K | $47.00K | $76.00K | $102.00K |
| Total Liabilities | $39.49M | $36.59M | $48.66M | $35.17M | $31.28M |
| Common Stock | $144.00K | $143.00K | $142.00K | $140.00K | $143.00K |
| Retained Earnings | $-75.86M | $-45.53M | $-37.05M | $-24.46M | $-40.90M |
| Total Stockholders Equity | $53.38M | $82.36M | $88.36M | $98.37M | $85.63M |
| Total Liabilities & Equity | $92.87M | $118.95M | $137.02M | $133.53M | $116.91M |
| Breakdown | TTM (Sep 30, 2025) |
FY 2025 (Sep 30, 2025) |
FY 2024 (Sep 30, 2024) |
FY 2023 (Sep 30, 2023) |
FY 2022 (Sep 30, 2022) |
FY 2021 (Sep 30, 2021) |
|---|---|---|---|---|---|---|
| Net Income | $-30.33M | $-30.33M | $-8.49M | $-12.58M | $17.37M | $1.51M |
| Depreciation & Amortization | $5.07M | $2.74M | $3.03M | $5.01M | $1.73M | $1.40M |
| Stock-based Compensation | $2.19M | $1.23M | $1.53M | $1.27M | $543.00K | $401.00K |
| Change in Receivables | $-8.96M | $-2.08M | $-4.47M | $-4.41M | $2.48M | $11.02M |
| Change in Inventory | $-1.74M | $-1.68M | $-5.13M | $6.29M | $3.68M | $5.18M |
| Change in Payables | $3.59M | $2.24M | $-4.94M | $1.46M | $-1.08M | $5.47M |
| Operating Cash Flow | $13.82M | $7.88M | $9.84M | $-7.70M | $5.20M | $-5.96M |
| Capital Expenditure | $1.25M | $950.00K | $4.88M | $2.90M | $1.14M | $3.01M |
| Acquisitions | - | - | - | $34.94M | - | $5.08M |
| Investing Cash Flow | $-1.21M | $-912.00K | $-2.18M | $-37.83M | $18.77M | $-8.09M |
| Debt Repayment | $164.00K | $93.00K | $10.67M | $1.50M | $4.87M | $380.00K |
| Stock Repurchased | - | - | - | - | $4.12M | - |
| Financing Cash Flow | $499.00K | $270.00K | $-10.63M | $11.74M | $-8.27M | $1.17M |
| Net Change in Cash | $11.29M | $6.82M | $-2.05M | $-33.74M | $14.04M | $-12.23M |
SEC Filing Format - Data shown as it appears in the Q1 2025 (10-Q) filing
Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Total Revenue | - | $24.39M |
| Cost of Revenue | - | $15.02M |
| Gross Profit | - | $9.36M |
| Selling General & Admin | - | $8.05M |
| Operating Income | - | $339.00K |
| Interest Expense | - | $7.00K |
| Interest Income | - | $5.00K |
| Other Income/Expense | - | $19.00K |
| Income Before Tax | - | $757.00K |
| Income Tax Expense | - | $445.00K |
| Net Income | - | $312.00K |
| Basic EPS | - | 0.02 |
| Diluted EPS | - | 0.02 |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Prior Year |
|---|---|---|
| Cash & Cash Equivalents | $17.90M | - |
| Accounts Receivable | $19.88M | - |
| Inventory | $18.74M | - |
| Other Current Assets | $3.57M | - |
| Total Current Assets | $60.18M | - |
| Property Plant & Equipment | $10.23M | - |
| Goodwill | $908.00K | - |
| Intangible Assets | $1.09M | - |
| Other Non-current Assets | $1.15M | - |
| Total Assets | $92.87M | - |
| Accounts Payable | $7.74M | - |
| Accrued Liabilities | $726.00K | - |
| Deferred Revenue | $6.46M | - |
| Total Current Liabilities | $20.48M | - |
| Long-term Debt | $168.00K | - |
| Other Non-current Liabilities | $859.00K | - |
| Total Liabilities | $39.49M | - |
| Common Stock | $144.00K | - |
| Retained Earnings | $-75.86M | - |
| Total Stockholders Equity | $53.38M | - |
| Total Liabilities & Equity | $92.87M | - |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Net Income | - | $312.00K |
| Depreciation & Amortization | - | $752.00K |
| Stock-based Compensation | - | $333.00K |
| Change in Receivables | - | $-1.15M |
| Change in Inventory | - | $-624.00K |
| Change in Payables | - | $1.61M |
| Operating Cash Flow | - | $2.87M |
| Capital Expenditure | - | $143.00K |
| Investing Cash Flow | - | $-143.00K |
| Debt Repayment | - | $24.00K |
| Financing Cash Flow | - | $126.00K |
| Net Change in Cash | - | $2.13M |
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.