$353.72K
Revenue
$-43.09M
Net Income
-
Gross Margin
-3797.12%
Op. Margin
$-14.75M
Free Cash Flow
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $22.74K | $60.98K | $135.00K | $135.00K | $136.15K | $213.90K | $215.56K |
| Revenue Growth % (YoY) | -83.3% | -71.5% | -37.4% | nan% | nan% | nan% | nan% |
| Operating Expenses | $4.72M | $2.19M | $4.51M | $2.36M | $1.54M | $3.08M | $3.23M |
| Selling General & Admin | $4.00M | $1.38M | $3.81M | $1.79M | $1.70M | $1.73M | $2.20M |
| Operating Income | $-4.70M | $-2.13M | $-4.38M | $-2.23M | $-1.40M | $-2.87M | $-3.02M |
| Operating Margin % | -20662.5% | -3494.4% | -3241.0% | -1648.6% | -1031.0% | -1340.9% | -1399.1% |
| Interest Expense | - | - | - | - | - | $430.28K | $1.83M |
| Interest Income | $7.80K | $4.81K | $45.27K | $61.49K | $53.59K | $108.05K | $7.31K |
| Other Income/Expense | $-142.94K | $-188.97K | $-625.98K | $-223.28K | $121.96K | $431.61K | $772.62K |
| Income Before Tax | $-17.41M | $-13.51M | $-17.14M | $-415.65K | $-7.18M | $16.24M | $-3.73M |
| Income Tax Expense | - | - | - | - | - | - | - |
| Net Income | $-17.41M | $-13.07M | $-14.85M | $2.24M | $-5.00M | $18.69M | $-1.53M |
| Net Margin % | -76530.3% | -21439.5% | -10998.5% | 1660.4% | -3673.4% | 8736.9% | -708.4% |
| Basic EPS | nan | -0.31 | -0.48 | 0.08 | -0.26 | 0.90 | -0.07 |
| Diluted EPS | nan | -0.31 | -0.48 | 0.01 | 0.18 | 0.13 | -0.07 |
| Basic Shares Outstanding | 5.4M | 41.6M | 30.8M | 29.1M | 453K | 20.7M | 20.5M |
| Diluted Shares Outstanding | 5.4M | 41.6M | 30.8M | 41.6M | 2.5M | 25.2M | 20.5M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $3.52M | $5.82M | $3.55M | $2.46M | $4.79M | $2.86M | $7.58M |
| Accounts Receivable | $67.32K | $67.32K | $67.32K | $67.31K | $285.76K | $84.12K | $75.57K |
| Other Current Assets | $772.62K | $321.43K | $412.46K | $573.73K | $683.63K | $278.74K | $390.96K |
| Total Current Assets | $4.36M | $6.20M | $4.03M | $3.10M | $5.76M | $3.22M | $8.04M |
| Property Plant & Equipment | $474.82K | $479.10K | $495.30K | $513.49K | $534.02K | - | - |
| Other Non-current Assets | $34.30K | $34.30K | $34.30K | $34.30K | $34.30K | $34.30K | $34.30K |
| Total Assets | $15.84M | $17.74M | $16.57M | $15.83M | $18.49M | $21.76M | $26.28M |
| Accounts Payable | $770.75K | $507.41K | $692.98K | $778.65K | $748.40K | $406.51K | $345.95K |
| Accrued Liabilities | $9.85M | - | - | - | $8.63M | - | - |
| Total Current Liabilities | $11.68M | $16.41M | $30.97M | $23.15M | $22.47M | $30.95M | $37.79M |
| Total Liabilities | $91.38M | $101.04M | $106.84M | $95.27M | $97.58M | $98.48M | $120.20M |
| Common Stock | $5.58K | $5.04K | $3.25K | $2.92K | $2.88K | $2.09K | $2.06K |
| Retained Earnings | $-323.52M | $-306.12M | $-293.05M | $-278.20M | $-280.44M | $-275.44M | $-294.13M |
| Total Stockholders Equity | $-37.65M | $-45.40M | $-52.81M | $-13.95M | $-16.24M | $-16.06M | $-35.71M |
| Total Liabilities & Equity | $15.84M | $17.74M | $16.57M | $15.83M | $18.49M | $21.76M | $26.28M |
| Breakdown | Q4 2025 (Dec 31, 2025) |
Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
|---|---|---|---|---|---|---|---|
| Net Income | $-17.41M | $-13.07M | $-14.85M | $2.24M | $-5.00M | $18.69M | $-1.53M |
| Stock-based Compensation | $84.87K | $137.23K | $91.48K | $45.74K | $345.29K | $1.67M | $1.56M |
| Change in Receivables | $3.00 | $-218.13K | $-218.45K | $-218.46K | $201.64K | $-26.20K | $32.06K |
| Change in Payables | $267.46K | $-240.53K | $-104.86K | $-11.52K | $341.89K | $30.32K | $-30.25K |
| Operating Cash Flow | $-2.82M | $-6.03M | $-3.93M | $-1.96M | $-1.77M | $2.41M | $3.97M |
| Capital Expenditure | $14.51K | $1.59K | - | - | $-4.03K | $88.38K | $84.35K |
| Investing Cash Flow | $-14.51K | $-159.09K | - | - | $4.03K | $-88.38K | $-84.35K |
| Debt Repayment | $351.30K | $465.14K | $307.61K | $152.58K | $-465.14K | $3.47M | $310.74K |
| Stock Issued | $1.00 | $7.67M | $2.86M | - | - | - | - |
| Financing Cash Flow | $535.34K | $7.21M | $2.69M | $-376.89K | $3.70M | $-3.49M | $-327.13K |
| Net Change in Cash | $-2.30M | $1.02M | $-1.24M | $-2.33M | $1.93M | $-1.16M | $3.55M |
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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.