$2.38M
Revenue
$-36.84M
Net Income
22.29%
Gross Margin
-692.70%
Op. Margin
$-8.90M
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) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $436.18K | $288.21K | $687.64K | $969.38K | $69.64K | $107.04K | $198.67K | $174.71K | $28.36K | $55.59K | $2.23K | $19.03K | $41.47K |
| Revenue Growth % (YoY) | 526.3% | 169.3% | 246.1% | nan% | nan% | -38.7% | 600.6% | 817.9% | -31.6% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $346.72K | $575.60K | $371.39K | $556.97K | $215.94K | - | $89.94K | $39.88K | $4.89K | $13.85K | $95.00 | $1.80K | - |
| Gross Profit | - | - | - | - | - | - | - | $134.83K | $23.46K | $41.74K | $2.14K | $17.23K | - |
| Gross Margin % | nan% | nan% | nan% | nan% | nan% | nan% | nan% | 77.2% | 82.7% | 75.1% | 95.7% | 90.6% | nan% |
| Operating Expenses | $6.22M | $4.53M | $3.71M | $4.43M | $1.27M | $668.40K | $1.11M | $9.16M | $378.94K | $395.18K | $261.87K | $314.22K | $2.36M |
| Operating Income | $-5.78M | $-4.24M | $-3.02M | $-3.46M | $-1.20M | $-561.36K | $-907.40K | $-9.02M | $-355.47K | $-353.44K | $-259.73K | $-296.99K | $-2.32M |
| Operating Margin % | -1325.7% | -1470.3% | -438.8% | -356.8% | -1722.2% | -524.4% | -456.7% | -5163.6% | -1253.7% | -635.7% | -11641.9% | -1560.4% | -5592.4% |
| Interest Expense | $187.80K | $360.24K | $552.09K | $410.79K | $163.02K | $93.88K | - | $1.76K | $584.00 | $175.00 | $179.00 | $76.00 | - |
| Other Income/Expense | $-318.81K | $-3.69M | $-8.89M | $-7.44M | $-600.00K | $-93.88K | - | $-1.76K | $-584.00 | $-175.00 | $-179.00 | $-76.00 | - |
| Income Before Tax | $-6.10M | $-7.93M | $-11.90M | $-10.90M | $-1.80M | - | - | - | - | - | $-259.91K | $-297.06K | $-2.32M |
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | $-6.10M | $-7.93M | $-11.90M | $-10.90M | $-1.80M | $-655.24K | $-907.40K | $-9.02M | $-356.06K | $-353.61K | $-259.91K | $-297.06K | $-2.32M |
| Net Margin % | -1398.8% | -2751.2% | -1731.1% | -1124.8% | -2583.7% | -612.1% | -456.7% | -5164.6% | -1255.7% | -636.0% | -11649.9% | -1560.8% | -5597.3% |
| Basic EPS | nan | nan | nan | nan | nan | nan | nan | nan | 0.00 | 0.00 | 0.00 | 0.00 | nan |
| Diluted EPS | nan | -0.59 | -0.19 | -0.23 | -0.05 | -0.02 | nan | nan | 0.00 | 0.00 | -0.04 | 0.00 | nan |
| Basic Shares Outstanding | - | - | - | - | - | - | - | - | 97.4M | 94.2M | 10.7M | 93.9M | - |
| Diluted Shares Outstanding | 1.8M | 13.5M | 62.7M | 47.9M | -4.7M | 36.6M | - | - | 113.5M | 113.2M | 23.7M | 93.9M | - |
| 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) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $6.27M | - | - | - | $775.13K | - | - | - | - | - | - | - | $102.25K |
| Accounts Receivable | $209.05K | $508.18K | $654.00K | $745.77K | $317.45K | $429.91K | $650.87K | $182.31K | - | - | - | - | - |
| Inventory | $620.77K | $467.32K | $409.92K | $312.48K | $324.66K | $271.14K | $192.08K | $184.68K | $103.74K | $102.27K | $114.64K | $114.41K | $114.41K |
| Other Current Assets | $317.02K | $87.07K | $206.37K | $60.90K | $74.13K | - | - | - | - | - | - | - | - |
| Total Current Assets | $7.42M | $7.26M | $3.78M | $5.01M | $1.62M | $1.11M | $1.44M | $947.68K | $210.22K | $172.34K | $170.08K | $171.56K | $216.66K |
| Property Plant & Equipment | $630.28K | $664.12K | $465.51K | $339.88K | $111.37K | $5.89K | $6.37K | $5.91K | $4.02K | $4.28K | $4.55K | $5.08K | $2.57K |
| Intangible Assets | $5.33M | $3.51M | $3.58M | $3.64M | $3.70M | $3.76M | - | - | - | - | - | $4.20M | $4.20M |
| Total Assets | $14.18M | $12.26M | $8.69M | $9.05M | $5.48M | $4.95M | $5.35M | $5.30M | $4.42M | $4.40M | $4.41M | $4.43M | $4.48M |
| Deferred Revenue | $3.00K | $6.00K | $94.86K | $157.24K | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | - | - | - | - | - | - | - | $1.41M | - | - | - | - | - |
| Total Current Liabilities | $2.17M | $2.97M | $5.80M | $4.96M | $2.16M | $2.11M | $2.13M | $1.72M | $1.45M | $1.31M | $1.06M | $822.38K | $518.92K |
| Long-term Debt | - | $125.15K | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $2.92M | $3.75M | $6.50M | $4.96M | $2.16M | $2.11M | $2.14M | $1.79M | $1.45M | $1.31M | $1.06M | $822.38K | $576.91K |
| Common Stock | $1.85K | $1.77K | $6.61K | $5.24K | $3.68K | $3.68K | $3.65K | - | $9.76K | $94.25K | $93.94K | $93.94K | $93.94K |
| Retained Earnings | $-113.20M | $-107.10M | $-99.17M | $-87.27M | $-76.37M | $-74.57M | $-73.91M | $-69.11M | $-60.09M | $-59.74M | $-59.38M | $-59.12M | $-58.82M |
| Total Stockholders Equity | $11.26M | $8.51M | $2.19M | $4.09M | $3.32M | $2.83M | $3.22M | $3.50M | $2.97M | $3.08M | $3.35M | $3.61M | $3.91M |
| Total Liabilities & Equity | $14.18M | $12.26M | $8.69M | $9.05M | $5.48M | $4.95M | $5.35M | $5.30M | $4.42M | $4.40M | $4.41M | $4.43M | $4.48M |
| 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) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-6.10M | $-7.93M | $-22.81M | $-10.90M | $-1.80M | $-5.08M | $-907.40K | $-9.73M | $-356.06K | $-353.61K | $-259.91K | $-2.65M | $-2.32M |
| Depreciation & Amortization | $87.63K | $90.05K | $151.65K | $74.54K | $74.45K | $190.25K | $126.60K | $871.00 | $531.00 | $264.00 | $536.00 | $15.33K | $15.19K |
| Stock-based Compensation | $12.36M | $6.78M | $4.66M | $2.77M | $-1.00 | $1.86M | $2.06M | $8.97M | $146.85K | $86.85K | - | $2.10M | $2.10M |
| Change in Receivables | $46.82K | $190.72K | $336.54K | $428.31K | $-89.68K | $2.47K | $223.44K | $-182.31K | - | - | - | - | - |
| Change in Inventory | $132.98K | $237.96K | $180.56K | $83.12K | $53.51K | $40.95K | $-38.12K | $-70.03K | $10.91K | $12.38K | $232.00 | $114.41K | $-114.41K |
| Operating Cash Flow | $-2.48M | $-3.39M | $-1.93M | $-713.92K | $-617.84K | $-1.32M | $-768.52K | $-819.94K | $-423.89K | $-176.91K | $-201.72K | $-506.73K | $-274.27K |
| Capital Expenditure | $-27.72K | $221.67K | $167.74K | $26.99K | - | - | - | $2.23K | - | - | - | $5.35K | $2.71K |
| Investing Cash Flow | $-72.28K | $-221.67K | $-167.74K | $-26.99K | - | - | - | $-2.23K | - | - | $1.00 | $-5.35K | $-2.71K |
| Debt Repayment | $62.00K | $215.62K | $215.62K | $215.62K | $32.46K | - | - | - | - | - | - | - | - |
| Financing Cash Flow | $2.63M | $9.03M | $3.65M | $3.71M | $1.08M | $1.08M | $765.33K | $1.33M | $454.60K | $185.00K | $200.00K | $563.76K | $373.76K |
| Net Change in Cash | - | - | - | - | - | - | - | $510.43K | $30.71K | $8.10K | $-1.72K | $51.68K | $96.78K |
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 | $288.21K | - | $1.95M | - |
| Cost of Revenue | $575.60K | - | $1.50M | - |
| Operating Expenses | $4.53M | - | $12.66M | - |
| Operating Income | $-4.24M | - | $-10.71M | - |
| Interest Expense | $360.24K | - | $1.32M | - |
| Other Income/Expense | $-3.69M | - | $-20.02M | - |
| Income Before Tax | $-7.93M | - | $-30.74M | - |
| Income Tax Expense | - | - | - | - |
| Net Income | $-7.93M | $-907.40K | $-30.74M | - |
| Diluted EPS | -0.59 | - | -2.88 | - |
| Diluted Shares Outstanding | $13.52M | - | $10.67M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Accounts Receivable | $508.18K | $317.45K |
| Inventory | $467.32K | $324.66K |
| Other Current Assets | $87.07K | $74.13K |
| Total Current Assets | $7.26M | $1.62M |
| Property Plant & Equipment | $664.12K | $111.37K |
| Intangible Assets | $3.51M | $3.70M |
| Total Assets | $12.26M | $5.48M |
| Deferred Revenue | $6.00K | - |
| Total Current Liabilities | $2.97M | $2.16M |
| Long-term Debt | $125.15K | - |
| Total Liabilities | $3.75M | $2.16M |
| Common Stock | $1.77K | $614.00 |
| Retained Earnings | $-107.10M | $-76.37M |
| Total Stockholders Equity | $8.51M | $3.32M |
| Total Liabilities & Equity | $12.26M | $5.48M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-7.93M | $-907.40K | $-30.74M | - |
| Depreciation & Amortization | $90.05K | - | $241.70K | - |
| Stock-based Compensation | - | - | $6.78M | - |
| Change in Receivables | - | - | $190.72K | - |
| Change in Inventory | - | - | $237.96K | - |
| Operating Cash Flow | - | - | $-3.39M | - |
| Capital Expenditure | - | - | $221.67K | - |
| Investing Cash Flow | - | - | $-221.67K | - |
| Debt Repayment | - | - | $215.62K | - |
| Financing Cash Flow | - | - | $9.03M | - |
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.