$50.98M
Revenue
$3.59M
Net Income
27.42%
Gross Margin
11.20%
Op. Margin
$-10.20M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $50.98M | $50.98M | $45.36M | $60.55M | $25.79M | $26.18M | $26.17M | $23.66M | $20.13M | $23.78M | $17.43M | $14.19M | $8.89M | $14.13M | $17.24M |
| Revenue Growth % | 0.0% | 12.4% | -25.1% | 134.7% | -1.5% | 0.1% | 10.6% | 17.6% | -15.4% | 36.4% | 22.9% | 59.5% | -37.1% | -18.0% | nan% |
| Cost of Revenue | $37.00M | $37.00M | $14.13M | $20.73M | $7.43M | $9.11M | $7.74M | $4.05M | $4.71M | $7.13M | $3.41M | $4.63M | $2.71M | - | - |
| Gross Profit | $13.98M | $13.98M | $31.23M | $39.81M | $18.36M | $17.07M | $18.43M | $19.62M | $15.42M | $16.65M | $14.02M | $9.55M | $6.19M | - | - |
| Gross Margin % | 27.4% | 27.4% | 68.9% | 65.8% | 71.2% | 65.2% | 70.4% | 82.9% | 76.6% | 70.0% | 80.4% | 67.4% | 69.6% | nan% | nan% |
| Operating Expenses | $45.39M | $45.39M | $38.98M | $47.28M | $22.70M | $23.92M | $24.49M | $19.59M | $19.77M | - | $28.07M | $16.23M | $13.03M | $18.60M | $14.84M |
| Selling General & Admin | $24.97M | $24.97M | $24.27M | $26.04M | $14.81M | $14.45M | $15.87M | $15.22M | $13.60M | $12.01M | $12.77M | $10.99M | $9.66M | $10.34M | $4.41M |
| Operating Income | $5.71M | $5.71M | $9.07M | $14.32M | $3.01M | $6.06M | $3.05M | $4.08M | $364.00K | $190.00K | $-10.35M | $-1.90M | $-2.94M | $-2.45M | $4.58M |
| Operating Margin % | 11.2% | 11.2% | 20.0% | 23.7% | 11.7% | 23.1% | 11.7% | 17.2% | 1.8% | 0.8% | -59.4% | -13.4% | -33.0% | -17.4% | 26.6% |
| Interest Expense | $113.00K | $43.00K | $91.00K | $411.00K | $22.00K | $43.00K | $74.00K | $249.00K | $3.00K | $182.00K | $349.00K | $495.00K | $388.00K | $256.00K | $245.00K |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | $119.00K | $297.00K | $52.00K | - | $64.00K | $30.00K |
| Income Before Tax | $5.84M | $5.84M | $8.97M | $13.99M | $2.99M | $6.01M | $2.99M | $4.02M | $-669.00K | $35.00K | $-10.41M | $-1.79M | $-3.37M | $-2.68M | $4.37M |
| Income Tax Expense | $758.00K | $2.26M | $3.79M | $1.52M | $-61.00K | $-3.64M | $-913.00K | $270.00K | $-420.00K | $21.00K | $15.00K | $24.72M | $3.03M | $-978.00K | $-26.32M |
| Net Income | $3.59M | $3.59M | $5.18M | $12.47M | $3.05M | $9.66M | $3.90M | $3.75M | $-249.00K | $14.00K | $-10.42M | $-26.51M | $-6.40M | $-1.81M | $30.71M |
| Net Margin % | 7.0% | 7.0% | 11.4% | 20.6% | 11.8% | 36.9% | 14.9% | 15.9% | -1.2% | 0.1% | -59.8% | -186.9% | -71.9% | -12.8% | 178.2% |
| Basic EPS | nan | 0.10 | 0.14 | 0.34 | 0.09 | 0.32 | 0.14 | 0.13 | -0.01 | 0.00 | -0.37 | nan | nan | -0.06 | 1.14 |
| Diluted EPS | nan | 0.10 | 0.14 | 0.33 | 0.08 | 0.30 | 0.13 | 0.13 | -0.01 | 0.00 | -0.37 | nan | nan | -0.06 | 1.13 |
| Basic Shares Outstanding | -751K | 34.8M | 36.4M | 36.7M | 35.5M | 30.2M | 28.7M | 28.6M | 28.5M | 28.4M | 28.3M | - | - | 28K | 27K |
| Diluted Shares Outstanding | -821K | 35.4M | 37.1M | 37.6M | 36.9M | 32.7M | 29.3M | 28.9M | 28.5M | 28.4M | 28.3M | - | - | 28K | 27K |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $20.52M | $21.75M | $12.28M | $13.62M | $23.39M | $2.73M | $4.27M | $2.11M | $2.53M | $2.78M | $3.63M | $3.21M | $4.31M | $6.67M |
| Accounts Receivable | $1.86M | $1.56M | $1.91M | $2.73M | $1.50M | $1.86M | $400.00K | $384.00K | - | - | - | - | - | $917.00K |
| Inventory | $5.93M | $5.35M | $5.07M | $3.22M | $235.00K | $104.00K | $2.40M | $170.00K | $263.00K | $395.00K | $139.00K | $578.00K | $820.00K | $1.01M |
| Other Current Assets | $756.00K | $1.06M | $448.00K | $1.46M | $498.00K | $784.00K | $607.00K | $357.00K | $393.00K | $449.00K | $587.00K | $479.00K | $312.00K | $148.00K |
| Total Current Assets | $33.59M | $33.13M | $26.29M | $23.28M | $26.95M | $6.77M | $7.68M | $3.02M | $4.43M | $4.26M | $7.58M | $7.32M | $12.95M | $11.83M |
| Property Plant & Equipment | $10.88M | $1.64M | $1.71M | $1.47M | $130.00K | $221.00K | $175.00K | $145.00K | $156.00K | $110.00K | $150.00K | $32.00K | $52.00K | $19.00K |
| Goodwill | $7.45M | $7.45M | $7.45M | $7.45M | $5.58M | $5.58M | $6.16M | $6.16M | $6.16M | $6.16M | $8.85M | $5.30M | $5.30M | $573.00K |
| Intangible Assets | $3.10M | $3.36M | $3.75M | $4.57M | $3.12M | - | - | - | $4.12M | $4.38M | $7.66M | $4.81M | $5.26M | - |
| Other Non-current Assets | $1.54M | $64.00K | $67.00K | $49.00K | $250.00K | $212.00K | $224.00K | $250.00K | $275.00K | $156.00K | $186.00K | - | - | - |
| Total Assets | $88.44M | $81.31M | $83.17M | $50.46M | $44.55M | $21.92M | $20.63M | $13.45M | $15.14M | $18.80M | $31.87M | $49.99M | $61.31M | $47.15M |
| Short-term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.09M |
| Other Current Liabilities | $948.00K | $550.00K | - | - | - | $3.00K | $892.00K | $133.00K | $199.00K | $97.00K | - | - | - | - |
| Total Current Liabilities | $15.54M | $14.60M | $14.73M | $14.22M | $13.99M | $9.09M | $10.17M | $8.66M | $8.57M | $9.36M | $11.46M | $10.50M | - | - |
| Other Non-current Liabilities | $1.03M | - | - | - | - | - | $1.84M | - | - | - | - | - | - | - |
| Total Liabilities | $21.46M | $16.11M | $22.09M | $17.82M | $14.61M | $10.07M | $13.03M | $9.96M | $11.65M | $15.41M | $18.39M | $10.50M | $15.30M | $4.21M |
| Common Stock | $376.00K | $374.00K | $372.00K | $366.00K | $353.00K | $293.00K | $293.00K | $285.00K | $285.00K | $285.00K | $282.00K | $282.00K | $290.00K | $271.00K |
| Retained Earnings | $-224.26M | $-227.84M | $-233.03M | $-260.76M | $-263.82M | $-273.47M | $-277.37M | $-281.12M | $-280.88M | $-280.89M | $-270.47M | $-243.95M | $-237.56M | $-235.75M |
| Treasury Stock | $5.62M | $2.99M | $794.00K | - | - | - | - | - | - | - | - | - | - | - |
| Total Stockholders Equity | $66.98M | $65.20M | $61.08M | $32.64M | $29.94M | $11.85M | $7.60M | $3.49M | $3.49M | $3.39M | $13.48M | $39.50M | $46.01M | $42.94M |
| Total Liabilities & Equity | $88.44M | $81.31M | $83.17M | $50.46M | $44.55M | $21.92M | $20.63M | $13.45M | $15.14M | $18.80M | $31.87M | $49.99M | $61.31M | $47.15M |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $3.59M | $3.59M | $5.18M | $12.47M | $3.05M | $9.66M | $3.90M | $3.75M | $-249.00K | $14.00K | $-10.42M | $-26.51M | $-6.40M | $-1.81M | $30.71M |
| Depreciation & Amortization | $472.00K | $472.00K | $591.00K | $514.00K | $460.00K | $362.00K | $305.00K | $319.00K | $313.00K | $316.00K | $575.00K | $566.00K | $472.00K | $407.00K | $2.00K |
| Stock-based Compensation | $1.69M | $900.00K | $1.25M | $776.00K | $408.00K | $353.00K | $283.00K | $289.00K | $246.00K | $99.00K | $358.00K | $484.00K | $532.00K | $1.65M | $296.00K |
| Deferred Income Tax | $2.45M | $1.61M | $3.11M | $418.00K | $-86.00K | $-4.03M | $-956.00K | $72.00K | - | - | - | - | - | - | $-26.36M |
| Change in Receivables | $1.03M | $322.00K | $-351.00K | $931.00K | $826.00K | $-363.00K | $1.46M | $16.00K | $-863.00K | $601.00K | $-216.00K | $-619.00K | $602.00K | $-728.00K | $362.00K |
| Change in Inventory | $594.00K | $583.00K | $274.00K | $455.00K | $2.49M | $131.00K | $-2.30M | $2.23M | $-93.00K | $-3.85M | $211.00K | $-9.00K | $-242.00K | $4.33M | $-1.02M |
| Operating Cash Flow | $13.25M | $6.14M | $7.75M | $13.02M | $-2.63M | $9.15M | $794.00K | $7.47M | $1.18M | - | - | $-357.00K | $2.26M | $-4.80M | $4.05M |
| Capital Expenditure | $23.45M | $8.47M | $137.00K | $257.00K | $1.43M | $7.00K | $116.00K | $99.00K | $44.00K | $99.00K | $9.00K | $127.00K | $10.00K | $28.00K | - |
| Acquisitions | - | - | - | - | $4.32M | - | - | - | - | - | - | $1.36M | - | $2.34M | $175.00K |
| Investing Cash Flow | $-27.45M | $-9.39M | $10.87M | $-15.87M | $-10.20M | $4.51M | $-1.16M | $-2.85M | $-44.00K | - | - | $-1.05M | $773.00K | $-2.14M | $-213.00K |
| Stock Issued | - | - | - | - | - | $7.54M | - | - | - | - | - | - | - | - | $1.82M |
| Stock Repurchased | $6.30M | $2.63M | $2.20M | $400.00K | - | - | - | - | - | - | - | - | - | - | - |
| Financing Cash Flow | $8.11M | $2.03M | $-9.15M | $2.46M | $3.06M | $7.00M | $-1.18M | $-2.46M | $-1.56M | - | - | $1.83M | $-4.13M | $4.58M | $226.00K |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | $420.00K | $-1.10M | $-2.36M | $4.06M |
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 | $11.36M | - | $39.12M | - |
| Operating Expenses | $10.15M | - | $34.40M | - |
| Selling General & Admin | $5.97M | - | $18.64M | - |
| Operating Income | $1.30M | - | $4.94M | - |
| Interest Expense | - | - | $37.00K | - |
| Income Before Tax | $1.33M | - | $5.04M | - |
| Income Tax Expense | $-750.00K | - | $1.76M | - |
| Net Income | $585.00K | $2.50M | $3.29M | - |
| Basic EPS | 0.02 | - | 0.09 | - |
| Diluted EPS | 0.02 | - | 0.09 | - |
| Basic Shares Outstanding | $34.55M | - | $35.59M | - |
| Diluted Shares Outstanding | $35.21M | - | $36.26M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $19.43M | $21.75M |
| Accounts Receivable | $1.84M | $1.56M |
| Inventory | $5.61M | $5.35M |
| Other Current Assets | $762.00K | $1.06M |
| Total Current Assets | $31.80M | $33.13M |
| Property Plant & Equipment | $9.49M | $1.64M |
| Goodwill | $7.45M | $7.45M |
| Intangible Assets | $3.16M | $3.36M |
| Other Non-current Assets | $1.59M | $64.00K |
| Total Assets | $86.51M | $81.31M |
| Total Current Liabilities | $13.89M | $14.60M |
| Other Non-current Liabilities | $1.05M | - |
| Total Liabilities | $20.01M | $16.11M |
| Common Stock | $376.00K | $374.00K |
| Retained Earnings | $-224.56M | $-227.84M |
| Treasury Stock | $5.62M | $2.99M |
| Total Stockholders Equity | $66.50M | $65.20M |
| Total Liabilities & Equity | $86.51M | $81.31M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $585.00K | $2.50M | $3.29M | - |
| Depreciation & Amortization | $120.00K | - | $356.00K | - |
| Stock-based Compensation | - | - | $713.00K | - |
| Deferred Income Tax | - | - | $1.18M | - |
| Change in Receivables | - | - | $282.00K | - |
| Change in Inventory | - | - | $263.00K | - |
| Operating Cash Flow | - | - | $4.56M | - |
| Capital Expenditure | - | - | $7.86M | - |
| Investing Cash Flow | - | - | $-8.92M | - |
| Stock Repurchased | - | - | $2.63M | - |
| Financing Cash Flow | - | - | $2.05M | - |
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.