$353.72K
Revenue
$-43.09M
Net Income
-
Gross Margin
-3797.12%
Op. Margin
$-14.75M
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 | $353.72K | $353.72K | $768.68K | $803.80K | $1.33M | $921.24K |
| Revenue Growth % | 0.0% | -54.0% | -4.4% | -39.8% | 44.9% | nan% |
| Operating Expenses | $13.78M | $13.78M | $12.77M | $11.14M | $18.38M | $15.87M |
| Selling General & Admin | $10.98M | $10.98M | $9.67M | $6.84M | $8.49M | $6.32M |
| Operating Income | $-13.43M | $-13.43M | $-12.00M | $-10.34M | $-17.04M | $-14.95M |
| Operating Margin % | -3797.1% | -3797.1% | -1561.8% | -1286.1% | -1277.0% | -1622.9% |
| Interest Expense | - | - | $430.28K | $5.04M | $14.09M | $10.83M |
| Interest Income | $119.36K | $119.36K | $169.36K | $412.62K | $96.48K | $4.04K |
| Other Income/Expense | $-1.18M | $-1.18M | $1.14M | $-1.52M | $-164.61K | $4.06M |
| Income Before Tax | $-48.47M | $-48.47M | $6.25M | $-3.88M | $-30.88M | $-16.13M |
| Income Tax Expense | - | - | - | - | - | - |
| Net Income | $-43.09M | $-43.09M | $15.66M | $5.35M | $-23.14M | $-9.96M |
| Net Margin % | -12180.6% | -12180.6% | 2037.0% | 665.1% | -1733.8% | -1080.8% |
| Basic EPS | nan | -1.10 | 0.75 | 0.27 | -1.34 | -0.75 |
| Diluted EPS | nan | -1.10 | 0.07 | 0.27 | -1.34 | -0.75 |
| Basic Shares Outstanding | 5.4M | 39.3M | 21.0M | 19.9M | 17.3M | 13.3M |
| Diluted Shares Outstanding | 5.4M | 39.3M | 28.4M | 20.1M | 17.3M | 13.3M |
| 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 | $3.52M | $4.79M | $4.02M | $1.44M | $2.27M |
| Accounts Receivable | $67.32K | $285.76K | $110.32K | $7.51K | $268.87K |
| Other Current Assets | $772.62K | $683.63K | $743.44K | $947.43K | $776.63K |
| Total Current Assets | $4.36M | $5.76M | $4.88M | $3.98M | $3.32M |
| Property Plant & Equipment | $474.82K | $534.02K | $524.66K | $3.05M | $479.14K |
| Other Non-current Assets | $34.30K | $34.30K | $34.30K | $34.30K | $34.30K |
| Total Assets | $15.84M | $18.49M | $22.75M | $13.28M | $8.91M |
| Accounts Payable | $770.75K | $748.40K | $345.38K | $2.29M | $1.82M |
| Accrued Liabilities | $9.85M | $8.63M | - | - | - |
| Total Current Liabilities | $11.68M | $22.47M | $31.47M | $64.69M | $52.61M |
| Total Liabilities | $91.38M | $97.58M | $108.66M | $89.83M | $71.40M |
| Common Stock | $5.58K | $2.88K | $2.04K | $1.95K | $1.43K |
| Retained Earnings | $-323.52M | $-280.44M | $-296.10M | $-298.23M | $-275.09M |
| Total Stockholders Equity | $-37.65M | $-16.24M | $-32.48M | $-32.35M | $-26.03M |
| Total Liabilities & Equity | $15.84M | $18.49M | $22.75M | $13.28M | $8.91M |
| 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 | $-43.09M | $-43.09M | $15.66M | $5.35M | $-23.14M | $-9.96M |
| Stock-based Compensation | $359.33K | $222.10K | $2.01M | $585.65K | $1.81M | $1.25M |
| Change in Receivables | $-655.03K | $-218.13K | $175.44K | $103.90K | $241.71K | $108.61K |
| Change in Payables | $-89.45K | $26.93K | $372.21K | $-1.68M | $5.97M | $6.29M |
| Operating Cash Flow | $-14.74M | $-8.85M | $642.34K | $-10.17M | $-9.25M | $-5.43M |
| Capital Expenditure | $16.10K | $16.10K | $84.35K | $1.35M | $1.35M | $19.14K |
| Investing Cash Flow | $-173.61K | $-173.61K | $-84.35K | $-1.03M | $-2.35M | $322.99K |
| Debt Repayment | $1.28M | $816.44K | $3.00M | $11.48M | $5.55M | $355.27K |
| Stock Issued | - | $7.67M | $3.90M | $239.30K | $16.51M | - |
| Financing Cash Flow | $10.06M | $7.75M | $212.03K | $13.78M | $10.77M | $1.21M |
| Net Change in Cash | $-4.85M | $-1.28M | $770.02K | $2.58M | $-831.33K | $-3.89M |
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 | $60.98K | $213.90K | $330.98K | $632.53K |
| Operating Expenses | $2.19M | $3.08M | $9.06M | $11.23M |
| Selling General & Admin | $1.38M | $1.73M | $6.98M | $7.97M |
| Operating Income | $-2.13M | $-2.87M | $-8.73M | $-10.60M |
| Interest Expense | $1.35M | $1.67M | - | $430.28K |
| Interest Income | $4.81K | $108.05K | $111.57K | $115.77K |
| Other Income/Expense | $-188.97K | $431.61K | $-1.04M | $1.02M |
| Income Before Tax | $-13.51M | $16.24M | $-31.06M | $13.43M |
| Income Tax Expense | - | - | - | - |
| Net Income | $-13.07M | $18.69M | $-25.68M | $20.66M |
| Basic EPS | -0.31 | 0.90 | -0.76 | 1.01 |
| Diluted EPS | -0.31 | 0.13 | -0.76 | -0.11 |
| Basic Shares Outstanding | $41.58M | $20.67M | $33.86M | $20.52M |
| Diluted Shares Outstanding | $41.58M | $25.22M | $33.86M | $25.91M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $5.82M | $4.79M |
| Accounts Receivable | $67.32K | $285.76K |
| Other Current Assets | $321.43K | $683.63K |
| Total Current Assets | $6.20M | $5.76M |
| Property Plant & Equipment | $479.10K | $534.02K |
| Other Non-current Assets | $34.30K | $34.30K |
| Total Assets | $17.74M | $18.49M |
| Accounts Payable | $507.41K | $748.40K |
| Total Current Liabilities | $16.41M | $22.47M |
| Total Liabilities | $101.04M | $97.58M |
| Common Stock | $5.04K | $2.88K |
| Retained Earnings | $-306.12M | $-280.44M |
| Total Stockholders Equity | $-45.40M | $-16.24M |
| Total Liabilities & Equity | $17.74M | $18.49M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-13.07M | $18.69M | $-25.68M | $20.66M |
| Stock-based Compensation | - | - | $137.23K | $1.67M |
| Change in Receivables | - | - | $-218.13K | $-26.20K |
| Change in Payables | - | - | $-240.53K | $30.32K |
| Operating Cash Flow | - | - | $-6.03M | $2.41M |
| Capital Expenditure | - | - | $1.59K | $88.38K |
| Investing Cash Flow | - | - | $-159.09K | $-88.38K |
| Debt Repayment | - | - | $465.14K | $3.47M |
| Stock Issued | - | - | $7.67M | - |
| Financing Cash Flow | - | - | $7.21M | $-3.49M |
| Net Change in Cash | - | - | $1.02M | $-1.16M |
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.