$69.26M
Revenue
$-843.36K
Net Income
15.24%
Gross Margin
-0.25%
Op. Margin
$-11.43M
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 | $19.41M | $19.27M | $15.18M | $15.40M | $21.77M | $19.42M | $20.81M |
| Revenue Growth % (YoY) | -10.8% | -0.8% | -27.1% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $15.48M | $14.96M | $14.52M | $13.75M | $17.42M | $15.20M | $15.69M |
| Gross Profit | $3.94M | $4.31M | $663.38K | $1.65M | $4.35M | $4.22M | $5.12M |
| Gross Margin % | 20.3% | 22.3% | 4.4% | 10.7% | 20.0% | 21.7% | 24.6% |
| Selling General & Admin | $2.69M | $2.55M | $2.65M | $2.84M | $2.27M | $2.74M | $2.78M |
| Operating Income | $1.25M | $1.75M | $-1.99M | $-1.19M | $2.07M | $1.48M | $2.34M |
| Operating Margin % | 6.4% | 9.1% | -13.1% | -7.7% | 9.5% | 7.6% | 11.2% |
| Interest Expense | $674.71K | $1.26M | $864.82K | $488.37K | $495.36K | $573.37K | $587.97K |
| Other Income/Expense | - | - | $5.48K | $1.50K | - | - | - |
| Income Before Tax | $834.34K | $1.37M | $-2.27M | $-1.67M | $1.58M | $904.27K | $1.75M |
| Income Tax Expense | $142.51K | $253.34K | $-947.75K | $-348.97K | $607.82K | $154.59K | $341.57K |
| Net Income | $691.83K | $1.11M | $-1.32M | $-1.32M | $971.47K | $749.68K | $1.41M |
| Net Margin % | 3.6% | 5.8% | -8.7% | -8.6% | 4.5% | 3.9% | 6.8% |
| Basic EPS | nan | 0.09 | -0.10 | -0.10 | 0.07 | 0.06 | 0.11 |
| Diluted EPS | nan | 0.09 | -0.10 | -0.10 | 0.08 | 0.06 | 0.11 |
| Basic Shares Outstanding | 49K | 12.8M | 12.7M | 12.7M | 33K | 12.6M | 12.4M |
| Diluted Shares Outstanding | 49K | 12.8M | 12.7M | 12.7M | 59K | 12.7M | 12.6M |
| 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 | $899.20K | $546.59K | $674.48K | $1.87M | $5.49M | $1.71M | $1.94M |
| Accounts Receivable | $5.76M | $6.40M | $6.05M | $5.57M | $3.72M | $6.57M | $6.23M |
| Inventory | $800.82K | $593.61K | $1.03M | $897.52K | $918.29K | $1.05M | $1.13M |
| Other Current Assets | $2.27M | $552.59K | $541.08K | $705.68K | $634.53K | $377.86K | $563.15K |
| Total Current Assets | $43.41M | $41.79M | $39.32M | $41.12M | $43.59M | $43.37M | $44.08M |
| Property Plant & Equipment | $412.55K | $565.54K | $643.48K | $728.54K | $767.90K | $819.08K | $793.66K |
| Goodwill | $1.78M | $1.78M | $1.78M | $1.78M | $1.78M | $1.78M | $1.78M |
| Other Non-current Assets | $229.69K | $127.62K | $132.95K | $138.28K | $143.62K | $151.08K | $162.80K |
| Total Assets | $75.24M | $74.06M | $72.26M | $65.36M | $67.98M | $68.89M | $70.22M |
| Accounts Payable | $14.72M | $16.49M | $15.18M | $14.50M | $11.10M | $14.99M | $14.53M |
| Accrued Liabilities | $4.76M | $4.45M | $4.73M | $4.55M | $7.92M | $5.74M | $5.99M |
| Deferred Revenue | $1.63M | $1.99M | $1.90M | $1.96M | $2.43M | $1.39M | $2.48M |
| Total Current Liabilities | $23.02M | $25.95M | $26.26M | $26.17M | $26.47M | $27.06M | $27.85M |
| Long-term Debt | $10.00M | - | - | - | $26.48K | - | - |
| Total Liabilities | $49.44M | $49.07M | $48.48M | $40.43M | $42.05M | $43.95M | $46.10M |
| Common Stock | $13.15K | $12.99K | $12.98K | $13.01K | $12.98K | $12.93K | $12.96K |
| Retained Earnings | $-49.35M | $-50.04M | $-51.15M | $-49.83M | $-48.50M | $-49.48M | $-50.23M |
| Total Stockholders Equity | $25.81M | $24.99M | $23.77M | $24.93M | $25.93M | $24.94M | $24.12M |
| Total Liabilities & Equity | $75.24M | $74.06M | $72.26M | $65.36M | $67.98M | $68.89M | $70.22M |
| 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 | $691.83K | $1.11M | $-1.32M | $-1.32M | $971.47K | $749.68K | $1.58M |
| Depreciation & Amortization | $154.12K | $266.26K | $187.37K | $98.77K | $124.75K | $305.26K | $202.41K |
| Stock-based Compensation | $215.59K | $591.02K | $488.81K | $320.23K | $74.91K | $529.77K | $457.06K |
| Change in Receivables | $-617.21K | $2.60M | $2.25M | $1.76M | $-2.86M | $2.37M | $2.02M |
| Change in Inventory | $207.22K | $-324.68K | $106.88K | $-20.77K | $-134.00K | $-384.36K | $-304.13K |
| Operating Cash Flow | $-2.09M | $-3.11M | $-3.32M | $-2.72M | $4.40M | $-837.08K | $-1.55M |
| Capital Expenditure | $1.14K | $63.90K | $62.94K | $59.40K | $73.57K | $330.28K | $202.02K |
| Investing Cash Flow | $-1.14K | $-63.90K | $-62.94K | $-59.40K | $-73.57K | $-330.28K | $-202.02K |
| Debt Repayment | $5.45K | $21.03K | $15.66K | $7.75K | $7.58K | $36.92K | $29.50K |
| Financing Cash Flow | $2.45M | $-1.77M | $-1.44M | $-841.37K | $-540.46K | $-2.22M | $-1.40M |
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 | $19.27M | - | $49.85M | - |
| Cost of Revenue | $14.96M | - | $43.23M | - |
| Gross Profit | $4.31M | - | $6.62M | - |
| Selling General & Admin | $2.55M | - | $8.04M | - |
| Operating Income | $1.75M | - | $-1.42M | - |
| Interest Expense | $387.92K | - | $1.26M | - |
| Other Income/Expense | - | - | $6.98K | - |
| Income Before Tax | $1.37M | - | $-2.58M | - |
| Income Tax Expense | $253.34K | - | $-1.04M | - |
| Net Income | $1.11M | $1.41M | $-1.54M | - |
| Basic EPS | 0.09 | - | -0.12 | - |
| Diluted EPS | 0.09 | - | -0.12 | - |
| Basic Shares Outstanding | $12.76M | - | $12.74M | - |
| Diluted Shares Outstanding | $12.82M | - | $12.74M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $546.59K | $5.49M |
| Accounts Receivable | $6.40M | $3.72M |
| Inventory | $593.61K | $918.29K |
| Other Current Assets | $552.59K | $634.53K |
| Total Current Assets | $41.79M | $43.59M |
| Property Plant & Equipment | $565.54K | $767.90K |
| Goodwill | $1.78M | $1.78M |
| Other Non-current Assets | $127.62K | $143.62K |
| Total Assets | $74.06M | $67.98M |
| Accounts Payable | $16.49M | $11.10M |
| Accrued Liabilities | $4.45M | $7.92M |
| Deferred Revenue | $1.99M | $2.43M |
| Total Current Liabilities | $25.95M | $26.47M |
| Total Liabilities | $49.07M | $42.05M |
| Common Stock | $12.99K | $12.98K |
| Retained Earnings | $-50.04M | $-48.50M |
| Total Stockholders Equity | $24.99M | $25.93M |
| Total Liabilities & Equity | $74.06M | $67.98M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $1.11M | $1.41M | $-1.54M | - |
| Depreciation & Amortization | - | - | $266.26K | - |
| Stock-based Compensation | - | - | $591.02K | - |
| Change in Receivables | - | - | $2.60M | - |
| Change in Inventory | - | - | $-324.68K | - |
| Operating Cash Flow | - | - | $-3.11M | - |
| Capital Expenditure | - | - | $63.90K | - |
| Investing Cash Flow | - | - | $-63.90K | - |
| Debt Repayment | - | - | $21.03K | - |
| Financing Cash Flow | - | - | $-1.77M | - |
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.