$11.54M
Revenue
$-5.51M
Net Income
62.47%
Gross Margin
9.54%
Op. Margin
-
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2022 (Dec 31, 2022) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
|---|---|---|---|---|---|---|
| Total Revenue | $11.54M | $11.54M | $8.27M | $12.00M | $1.15M | $1.39M |
| Revenue Growth % | 0.0% | 39.5% | -31.1% | 943.1% | -17.2% | nan% |
| Cost of Revenue | $4.33M | $4.33M | $3.84M | $4.46M | $404.48K | $862.82K |
| Gross Profit | $7.21M | $7.21M | $4.43M | $7.54M | $353.18K | $391.87K |
| Gross Margin % | 62.5% | 62.5% | 53.5% | 62.8% | 30.7% | 28.2% |
| Operating Expenses | $6.11M | $6.11M | $4.62M | $5.85M | $2.51M | $4.30M |
| Selling General & Admin | $5.33M | $5.33M | $4.06M | $3.73M | - | - |
| Operating Income | $1.10M | $1.10M | $-193.50K | $1.69M | $-2.16M | $-3.91M |
| Operating Margin % | 9.5% | 9.5% | -2.3% | 14.1% | -187.8% | -281.4% |
| Interest Expense | $21.42K | $9.41K | $126.73K | - | $48.79K | $32.10K |
| Other Income/Expense | $-1.02M | $-22.15K | $-5.36K | $-7.16M | $-94.88K | $-34.05K |
| Income Before Tax | $-5.75M | $-5.75M | $-3.19M | $-5.47M | - | - |
| Income Tax Expense | - | - | - | - | - | - |
| Net Income | $-5.51M | $-5.51M | $-3.30M | $-5.43M | $-2.25M | $-3.94M |
| Net Margin % | -47.7% | -47.7% | -39.9% | -45.3% | -196.0% | -283.9% |
| Basic EPS | nan | nan | nan | nan | -0.17 | -0.52 |
| Basic Shares Outstanding | -11.0M | 6.9M | 11.4M | 436.6M | - | - |
| Diluted Shares Outstanding | -9.4M | 8.5M | 11.4M | - | - | - |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2022 (Dec 31, 2022) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $318.54K | $1.19M | $226.80K | $62.95K | $31.56K |
| Accounts Receivable | $22.07M | $15.93M | $6.60M | $32.01K | $54.00 |
| Inventory | - | - | - | $42.23K | - |
| Other Current Assets | $203.88K | $89.90K | $5.00K | $36.99K | $21.02K |
| Total Current Assets | $22.59M | $17.21M | $6.84M | $174.18K | $52.64K |
| Property Plant & Equipment | $2.95K | $21.20K | $55.44K | $736.67K | $540.02K |
| Goodwill | $5.67M | $5.67M | $5.67M | $932.53K | - |
| Total Assets | $29.09M | $23.93M | $13.35M | $2.47M | $1.21M |
| Accounts Payable | $1.09M | $684.32K | - | $65.90K | $29.08K |
| Accrued Liabilities | - | - | - | $949.98K | $584.80K |
| Total Current Liabilities | $25.83M | $15.89M | $9.97M | $4.07M | $1.82M |
| Long-term Debt | $18.56M | - | - | - | - |
| Total Liabilities | $26.01M | $16.32M | $10.20M | - | $1.82M |
| Common Stock | $13.70K | $15.30K | $789.70K | $25.22K | $9.41K |
| Retained Earnings | $-79.49M | $-72.95M | $-70.86M | $-45.46M | $-43.21M |
| Total Stockholders Equity | $-2.47M | $2.69M | $-1.47M | $-1.60M | $-610.49K |
| Total Liabilities & Equity | $29.09M | $23.93M | $13.35M | $2.47M | $1.21M |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2022 (Dec 31, 2022) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
|---|---|---|---|---|---|---|
| Net Income | $-5.51M | $-5.51M | $-3.30M | $-5.43M | $-2.25M | $-3.94M |
| Depreciation & Amortization | $13.14K | $5.65K | $13.46K | $23.13K | $174.86K | $84.75K |
| Stock-based Compensation | $754.48K | $754.48K | $544.73K | - | $1.02M | $3.14M |
| Change in Receivables | $11.45M | $6.40M | $4.55M | $598.38K | $-56.03K | $-3.73K |
| Change in Inventory | - | - | - | - | $8.21K | - |
| Change in Payables | - | - | - | - | $-23.78K | $-44.07K |
| Capital Expenditure | - | - | - | - | $18.66K | $109.46K |
| Acquisitions | - | - | - | - | - | - |
| Investing Cash Flow | - | - | - | - | - | - |
| Debt Repayment | $15.35K | $8.77K | $6.74K | - | - | - |
| Dividends Paid | $150.00K | $50.00K | $100.00K | - | - | - |
| Financing Cash Flow | $4.68M | $1.98M | $6.07M | $788.79K | - | - |
| Net Change in Cash | - | - | - | - | $-8.64K | $-14.75K |
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 | $3.06M | - | $8.76M | - |
| Cost of Revenue | $1.15M | - | $3.32M | - |
| Gross Profit | $1.91M | - | $5.45M | - |
| Operating Expenses | $1.27M | - | $3.65M | - |
| Selling General & Admin | $1.22M | - | $3.49M | - |
| Operating Income | $643.28K | - | $1.80M | - |
| Interest Expense | $1.77M | - | $8.07K | - |
| Other Income/Expense | $-20.55K | - | $-22.15K | - |
| Income Before Tax | $-1.14M | - | $-2.82M | - |
| Net Income | $-1.14M | $-131.59K | $-2.82M | - |
| Basic Shares Outstanding | $19.76M | - | $17.90M | - |
| Diluted Shares Outstanding | $19.76M | - | $17.90M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $232.03K | $1.19M |
| Accounts Receivable | $20.70M | $15.93M |
| Other Current Assets | $112.51K | $89.90K |
| Total Current Assets | $21.04M | $17.21M |
| Property Plant & Equipment | $3.71K | $21.20K |
| Goodwill | $5.67M | $5.67M |
| Total Assets | $27.61M | $23.93M |
| Total Current Liabilities | $22.38M | $15.89M |
| Total Liabilities | $22.60M | $16.32M |
| Common Stock | $19.91K | $15.30K |
| Retained Earnings | $-76.53M | $-72.95M |
| Total Stockholders Equity | $-364.43K | $2.69M |
| Total Liabilities & Equity | $27.61M | $23.93M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-1.14M | $-131.59K | $-2.82M | - |
| Depreciation & Amortization | - | - | $4.89K | - |
| Stock-based Compensation | $41.19K | - | $138.69K | - |
| Change in Receivables | - | - | $4.88M | - |
| Debt Repayment | - | - | $6.58K | - |
| Dividends Paid | - | - | $50.00K | - |
| Financing Cash Flow | - | - | $1.51M | - |
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.