Income Statement
Balance Sheet
Cash Flow
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Total Revenue | 5.3M | 2.2M | 2.6M | 3.7M | 2.8M | -- |
| Operating Revenue | 5.3M | 2.2M | 2.6M | 3.7M | 2.8M | -- |
| Cost Of Revenue | 1.4M | 593,000 | 768,000 | 1.2M | 1.0M | -- |
| Gross Profit | 3.9M | 1.6M | 1.9M | 2.5M | 1.8M | -- |
| Selling General And Administration | 7.4M | 9.3M | 8.2M | 6.6M | 6.6M | -- |
| General And Administrative Expense | 7.4M | -- | -- | -- | 6.6M | 2.1M |
| Research And Development | 5.4M | 6.1M | 4.8M | 4.7M | 4.2M | -- |
| Operating Expense | 12.8M | 15.4M | 13.0M | 11.3M | 10.8M | -- |
| Operating Income | -8.9M | -13.8M | -11.2M | -8.8M | -9.0M | -- |
| EBIT | -8.9M | -13.8M | -11.2M | -8.8M | -9.0M | -- |
| Interest Expense | -- | -- | -- | -- | 199,000 | -- |
| Interest Expense Non Operating | -- | -- | -- | -- | 199,000 | -- |
| Net Interest Income | 122,000 | 343,000 | 445,000 | -621,000 | 220,000 | -- |
| Other Income Expense | 935,000 | -2.2M | 38,000 | -- | -410,000 | 520,000 |
| Gain On Sale Of Security | 935,000 | -2.2M | 38,000 | -- | -410,000 | 520,000 |
| Pretax Income | -7.9M | -15.6M | -10.7M | -5.6M | -9.2M | -- |
| Tax Provision | 121,000 | 64,000 | 41,000 | -238,000 | 177,000 | -- |
| Tax Effect Of Unusual Items | 140,250 | -325,200 | 5,700 | 0.00 | -61,500 | -- |
| Net Income From Continuing And Discontinued Operation | -8.0M | -15.7M | -10.7M | -5.3M | -9.4M | -- |
| Net Income From Continuing Operation Net Minority Interest | -8.0M | -15.7M | -10.7M | -5.3M | -9.4M | -- |
| Net Income Including Noncontrolling Interests | -8.0M | -15.7M | -10.7M | -5.3M | -9.4M | -- |
| Net Income Common Stockholders | -8.0M | -15.7M | -10.7M | -5.3M | -9.4M | -- |
| Net Income | -8.0M | -15.7M | -10.7M | -5.3M | -9.4M | -- |
| EBITDA | -8.8M | -13.7M | -11.0M | -8.7M | -8.8M | -- |
| Normalized EBITDA | -9.7M | -11.5M | -11.0M | -8.7M | -8.4M | -- |
| Reconciled Depreciation | 147,000 | 141,000 | 163,000 | 76,000 | 214,000 | -- |
| Basic EPS | -0.26 | -0.52 | -0.36 | -0.20 | -0.38 | -- |
| Diluted EPS | -0.26 | -0.52 | -0.36 | -0.20 | -0.38 | -- |
| Basic Average Shares | 30.1M | 30.1M | 30.0M | 25.8M | 24.5M | -- |
| Diluted Average Shares | 30.1M | 30.1M | 30.0M | 25.8M | 24.5M | -- |
| Total Unusual Items | 935,000 | -2.2M | 38,000 | -- | -410,000 | 520,000 |
| Total Unusual Items Excluding Goodwill | 935,000 | -2.2M | 38,000 | -- | -410,000 | 520,000 |
| Tax Rate For Calcs | 0.15 | 0.15 | 0.15 | 0.04 | 0.15 | -- |
| Normalized Income | -8.8M | -13.9M | -10.8M | -5.3M | -9.0M | -- |
| Diluted NI Availto Com Stockholders | -8.0M | -15.7M | -10.7M | -5.3M | -9.4M | -- |
| Net Income Continuous Operations | -8.0M | -15.7M | -10.7M | -5.3M | -9.4M | -- |
| Net Non Operating Interest Income Expense | 122,000 | 343,000 | 445,000 | -621,000 | 220,000 | -- |
| Other Gand A | 7.4M | -- | -- | -- | 6.6M | 2.1M |
| Reconciled Cost Of Revenue | 1.4M | 593,000 | 768,000 | 1.2M | 1.0M | -- |
| Selling And Marketing Expense | -- | -- | -- | -- | 2.9M | 3.0M |
| Total Expenses | 14.2M | 16.0M | 13.8M | 12.5M | 11.8M | -- |
| Total Operating Income As Reported | -8.9M | -13.8M | -11.2M | -8.8M | -9.0M | -- |
| Total Other Finance Cost | -122,000 | -343,000 | -445,000 | -- | -220,000 | -422,000 |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Cash And Cash Equivalents | 24.8M | 35.2M | 46.4M | 54.9M | 27.1M | -- |
| Cash Cash Equivalents And Short Term Investments | 24.8M | 35.2M | 46.4M | 54.9M | 27.1M | -- |
| Cash Financial | 24.8M | 35.2M | 46.4M | 54.9M | 27.1M | -- |
| Accounts Receivable | 7.5M | 4.1M | 4.8M | 6.6M | 7.0M | -- |
| Receivables | 8.2M | 4.9M | 6.0M | 7.0M | 7.0M | -- |
| Inventory | 8.3M | 8.4M | 6.8M | 5.8M | 6.4M | -- |
| Prepaid Assets | 195,000 | 365,000 | 718,000 | 1.3M | 296,000 | -- |
| Current Assets | 41.5M | 48.8M | 59.9M | 69.1M | 40.9M | -- |
| Gross PPE | 2.2M | 2.5M | 2.6M | 3.2M | 1.0M | -- |
| Accumulated Depreciation | -1.6M | -1.9M | -1.9M | -2.4M | -- | -- |
| Net PPE | 578,000 | 581,000 | 651,000 | 821,010 | 1.0M | -- |
| Goodwill And Other Intangible Assets | 123,000 | 175,000 | 214,000 | 261,000 | 329,000 | -- |
| Other Intangible Assets | 123,000 | 175,000 | 214,000 | 261,000 | 329,000 | -- |
| Total Non Current Assets | 781,000 | 857,000 | 952,000 | 1.2M | 1.4M | -- |
| Total Assets | 42.3M | 49.7M | 60.9M | 70.2M | 42.2M | -- |
| Current Debt | 4.5M | -- | -- | 1.7M | 2.2M | 2.0M |
| Current Debt And Capital Lease Obligation | 4.8M | 279,000 | 261,000 | 2.0M | 2.5M | -- |
| Accounts Payable | 717,000 | 949,000 | 1.0M | 1.3M | 3.4M | -- |
| Payables | 775,000 | 949,000 | 1.0M | 1.3M | 3.4M | -- |
| Payables And Accrued Expenses | 1.4M | 1.5M | 2.0M | 3.1M | 3.4M | -- |
| Current Accrued Expenses | 630,000 | 509,000 | 955,000 | 1.8M | -- | -- |
| Current Deferred Revenue | 434,000 | 694,000 | 636,000 | 419,000 | 801,000 | -- |
| Other Current Liabilities | 1.1M | 1.3M | 423,000 | 325,000 | -- | -- |
| Current Liabilities | 9.9M | 5.7M | 5.3M | 6.6M | 6.7M | -- |
| Long Term Debt | -- | 4.5M | 4.5M | 2.9M | 3.4M | 3.9M |
| Long Term Debt And Capital Lease Obligation | 0.00 | 4.5M | 4.6M | 3.1M | 3.8M | -- |
| Long Term Capital Lease Obligation | 0.00 | 72,000 | 136,000 | 203,000 | 365,000 | -- |
| Other Non Current Liabilities | 76,000 | 77,000 | 72,000 | 71,000 | -- | -- |
| Total Non Current Liabilities Net Minority Interest | 224,000 | 4.7M | 4.8M | 3.2M | 4.5M | -- |
| Total Liabilities Net Minority Interest | 10.2M | 10.4M | 10.1M | 9.8M | 11.2M | -- |
| Common Stock | 282.8M | 281.6M | 281.6M | 281.6M | 235.7M | -- |
| Capital Stock | 282.8M | 281.6M | 281.6M | 281.6M | 235.7M | -- |
| Additional Paid In Capital | 24.2M | 23.6M | 22.2M | 21.3M | 19.4M | -- |
| Retained Earnings | -279.6M | -271.6M | -255.9M | -245.2M | -240.4M | -- |
| Gains Losses Not Affecting Retained Earnings | 4.8M | 5.6M | 2.8M | 2.7M | 16.4M | -- |
| Other Equity Adjustments | 4.8M | 5.6M | 2.8M | 2.7M | 16.4M | -- |
| Common Stock Equity | 32.1M | 39.3M | 50.8M | 60.4M | 31.1M | -- |
| Stockholders Equity | 32.1M | 39.3M | 50.8M | 60.4M | 31.1M | -- |
| Total Equity Gross Minority Interest | 32.1M | 39.3M | 50.8M | 60.4M | 31.1M | -- |
| Total Capitalization | 32.1M | 43.7M | 55.3M | 63.3M | 34.5M | -- |
| Net Tangible Assets | 32.0M | 39.1M | 50.6M | 60.2M | 30.7M | -- |
| Tangible Book Value | 32.0M | 39.1M | 50.6M | 60.2M | 30.7M | -- |
| Working Capital | 31.6M | 43.1M | 54.6M | 62.5M | 34.2M | -- |
| Invested Capital | 36.6M | 43.7M | 55.3M | 65.1M | 36.7M | -- |
| Total Debt | 4.8M | 4.8M | 4.9M | 5.1M | 6.2M | -- |
| Share Issued | 30.2M | 30.1M | 30.1M | 30.0M | 24.7M | -- |
| Ordinary Shares Number | 30.2M | 30.1M | 30.1M | 30.0M | 24.7M | -- |
| Allowance For Doubtful Accounts Receivable | -- | -- | -- | -158,000 | -- | -- |
| Capital Lease Obligations | 277,000 | 351,000 | 397,000 | 460,000 | 630,000 | -- |
| Current Capital Lease Obligation | 277,000 | 279,000 | 261,000 | 257,000 | 265,000 | -- |
| Current Deferred Liabilities | 434,000 | 694,000 | 636,000 | 419,000 | 801,000 | -- |
| Finished Goods | 5.8M | 5.6M | 4.6M | 3.8M | -- | -- |
| Gross Accounts Receivable | 7.5M | 4.1M | 4.8M | 6.6M | -- | -- |
| Income Tax Payable | 58,000 | -- | -- | -- | 15,000 | -- |
| Leases | 542,000 | 542,000 | 542,000 | 542,000 | -- | -- |
| Non Current Deferred Assets | 80,000 | 101,000 | 87,000 | 87,000 | -- | -- |
| Non Current Deferred Liabilities | 148,000 | 74,000 | 85,000 | 49,000 | 731,000 | -- |
| Non Current Deferred Revenue | 148,000 | 74,000 | 85,000 | 49,000 | 672,000 | -- |
| Non Current Deferred Taxes Assets | 80,000 | 101,000 | 87,000 | 87,000 | -- | -- |
| Non Current Deferred Taxes Liabilities | -- | -- | -- | 0.00 | 59,000 | 59,000 |
| Other Current Borrowings | 4.5M | -- | -- | 1.7M | 2.2M | 2.0M |
| Other Properties | 1.6M | 1.9M | 2.0M | 2.7M | 1.0M | -- |
| Other Receivables | 498,000 | 758,000 | 740,000 | 310,000 | -- | -- |
| Pensionand Other Post Retirement Benefit Plans Current | 2.2M | 2.0M | 2.0M | 706,000 | -- | -- |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 | -- | -- |
| Raw Materials | 2.5M | 2.7M | 2.2M | 2.0M | -- | -- |
| Receivables Adjustments Allowances | -624,000 | -531,000 | -105,000 | -158,000 | -- | -- |
| Taxes Receivable | 746,000 | 557,000 | 499,000 | 308,000 | -- | -- |
| Total Tax Payable | 58,000 | -- | -- | -- | 15,000 | -- |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | -9.6M | -13.7M | -8.3M | -5.6M | -6.8M | -- |
| Cash Flow From Continuing Operating Activities | -9.6M | -13.7M | -8.3M | -5.6M | -6.8M | -- |
| Depreciation And Amortization | 147,000 | 141,000 | 163,000 | 76,000 | 214,000 | -- |
| Depreciation Amortization Depletion | 147,000 | 141,000 | 163,000 | 76,000 | 214,000 | -- |
| Stock Based Compensation | 1.7M | 1.5M | 989,000 | 442,000 | 604,000 | -- |
| Change In Working Capital | -3.5M | 366,000 | 1.2M | -766,000 | 1.7M | -- |
| Change In Receivables | -3.4M | 1.4M | 1.1M | -124,000 | 297,000 | -- |
| Change In Inventory | 130,000 | -1.7M | -984,000 | 475,000 | 344,000 | -- |
| Change In Payables And Accrued Expense | -149,000 | 245,000 | 300,000 | 639,000 | 690,000 | -- |
| Change In Payable | -149,000 | 245,000 | 300,000 | 639,000 | 690,000 | -- |
| Change In Other Working Capital | -192,000 | 51,000 | 252,000 | -647,000 | 47,000 | -- |
| Other Non Cash Items | -2,000 | -7,000 | 39,000 | -60,000 | 60,000 | -- |
| Repayment Of Debt | 0.00 | 0.00 | -290,000 | -523,000 | -592,000 | -- |
| Net Issuance Payments Of Debt | 0.00 | 0.00 | -290,000 | -523,000 | -592,000 | -- |
| Issuance Of Capital Stock | 0.00 | 0.00 | 0.00 | 39.2M | 0.00 | -- |
| Net Common Stock Issuance | 0.00 | 0.00 | 0.00 | 39.2M | 0.00 | -- |
| Financing Cash Flow | 0.00 | 0.00 | -290,000 | 35.7M | -592,000 | -- |
| Cash Flow From Continuing Financing Activities | 0.00 | 0.00 | -290,000 | 35.7M | -592,000 | -- |
| Effect Of Exchange Rate Changes | -755,000 | 2.5M | 94,000 | -2.2M | 462,000 | -- |
| Changes In Cash | -9.6M | -13.7M | -8.6M | 30.0M | -7.4M | -- |
| Beginning Cash Position | 35.2M | 46.4M | 54.9M | 27.1M | 34.1M | -- |
| End Cash Position | 24.8M | 35.2M | 46.4M | 54.9M | 27.1M | -- |
| Free Cash Flow | -9.6M | -13.7M | -8.3M | -5.6M | -6.8M | -- |
| Income Tax Paid Supplemental Data | 35,000 | 54,000 | 11,000 | -- | 38,000 | 160,000 |
| Interest Paid Supplemental Data | 112,000 | 83,000 | 56,000 | -- | 133,000 | 148,000 |
| Amortization Cash Flow | 54,000 | 39,000 | 47,000 | 78,000 | 50,000 | -- |
| Amortization Of Intangibles | 54,000 | 39,000 | 47,000 | 78,000 | 50,000 | -- |
| Change In Account Payable | -207,000 | 245,000 | 300,000 | 653,000 | 676,000 | -- |
| Change In Income Tax Payable | -- | -- | 0.00 | -14,000 | 14,000 | -14,000 |
| Change In Prepaid Assets | 116,000 | 450,000 | 592,000 | -1.1M | 283,000 | -- |
| Change In Tax Payable | -- | -- | 0.00 | -14,000 | 14,000 | -14,000 |
| Common Stock Issuance | 0.00 | 0.00 | 0.00 | 39.2M | 0.00 | -- |
| Depreciation | 93,000 | 102,000 | 116,000 | -2,000 | 164,000 | -- |
| Long Term Debt Payments | 0.00 | 0.00 | -290,000 | -523,000 | -592,000 | -- |
| Net Income From Continuing Operations | -8.0M | -15.7M | -10.7M | -5.3M | -9.4M | -- |
| Net Long Term Debt Issuance | 0.00 | 0.00 | -290,000 | -523,000 | -592,000 | -- |
| Net Other Financing Charges | -- | -- | -- | -3.0M | 0.00 | 0.00 |
| Proceeds From Stock Option Exercised | 0.00 | -- | -- | 44,000 | 0.00 | 1,000 |