$106.00K
Revenue
$-17.86M
Net Income
-
Gross Margin
-18211.32%
Op. Margin
$-26.07M
Free Cash Flow
| Breakdown | TTM (Sep 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $106.00K | $5.00K | $7.00K | $48.00K | $302.64M | $85.00K | $63.00K | $1.55M | $1.55M | - | - |
| Revenue Growth % | 2020.0% | -28.6% | -85.4% | -100.0% | 355942.4% | 34.9% | -95.9% | -0.2% | nan% | nan% | nan% |
| Operating Expenses | $19.41M | $20.40M | $31.45M | $22.12M | $144.74M | $19.75M | $25.52M | $18.87M | $30.05M | $30.73M | $13.41M |
| Research & Development | $5.99M | $6.04M | $9.71M | $6.41M | $8.83M | $3.85M | $4.82M | $2.67M | $2.50M | $2.28M | $2.00M |
| Selling General & Admin | $12.92M | $14.36M | $21.74M | $15.72M | $45.81M | $15.90M | $20.70M | $16.19M | $26.67M | $23.19M | $28.31M |
| Operating Income | $-19.30M | $-20.40M | $-31.45M | $-22.08M | $157.89M | $-19.66M | $-25.46M | $-17.32M | $-28.50M | $-29.18M | $-12.16M |
| Operating Margin % | -18211.3% | -407940.0% | -449214.3% | -45991.7% | 52.2% | -23135.3% | -40407.9% | -1119.7% | -1839.0% | nan% | nan% |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - |
| Other Income/Expense | - | - | - | - | - | - | - | $46.00K | $69.00K | $68.00K | $40.00K |
| Income Before Tax | $-17.86M | $-18.17M | $-27.95M | $-20.23M | $307.45M | $-19.57M | $-25.40M | $-17.27M | $-28.44M | $-29.23M | $-9.89M |
| Income Tax Expense | $2.00K | $3.00K | $-79.00K | $16.03M | $27.02M | $-393.00K | $3.00K | $3.00K | $133.00K | $8.00K | $15.00K |
| Net Income | $-17.86M | $-18.18M | $-27.87M | $-36.26M | $280.43M | $-19.18M | $-25.41M | $-17.28M | $-28.57M | $-29.23M | $-9.90M |
| Net Margin % | -16851.9% | -363500.0% | -398157.1% | -75541.7% | 92.7% | -22564.7% | -40327.0% | -1116.9% | -1843.2% | nan% | nan% |
| Basic EPS | -4.91 | -5.05 | -7.79 | -0.51 | 3.96 | -0.28 | nan | nan | nan | nan | nan |
| Diluted EPS | -4.91 | -5.05 | -7.79 | -0.51 | 3.92 | -0.28 | nan | nan | nan | nan | nan |
| Basic Shares Outstanding | 3.7M | 4K | 4K | 71.3M | 70.9M | 68.6M | - | - | - | - | - |
| Diluted Shares Outstanding | 3.7M | 4K | 4K | 71.3M | 71.6M | 68.6M | - | - | - | - | - |
| Breakdown | FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
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) |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $23.30M | $26.29M | $86.56M | $192.91M | $3.13M | $7.61M | $3.13M | $6.63M | $8.73M | $18.66M |
| Accounts Receivable | - | $2.00K | $14.00K | $8.00K | $5.00K | $6.00K | - | - | - | - |
| Other Current Assets | $122.00K | $282.00K | $224.00K | $263.00K | $237.00K | $718.00K | $591.00K | $588.00K | $685.00K | $653.00K |
| Total Current Assets | $38.20M | $53.83M | $152.26M | $224.43M | $5.77M | $10.14M | $5.18M | $16.46M | $19.36M | $41.88M |
| Property Plant & Equipment | $67.00K | $67.00K | $11.00K | $11.00K | $16.00K | $9.00K | $7.00K | $33.00K | $48.00K | $64.00K |
| Total Assets | $49.61M | $60.41M | $152.97M | $234.79M | $7.50M | $11.75M | $7.17M | $18.87M | $22.17M | $45.09M |
| Deferred Revenue | - | - | - | - | - | - | $1.50M | $1.50M | $1.50M | $1.50M |
| Other Current Liabilities | $6.60M | $498.00K | $47.00K | $44.00K | $193.00K | $140.00K | - | - | - | - |
| Total Current Liabilities | $7.20M | $1.25M | $731.00K | $10.36M | $1.83M | $1.86M | $4.48M | $5.22M | $5.58M | $11.96M |
| Other Non-current Liabilities | $2.79M | $3.15M | - | - | $44.00K | - | $140.00K | - | - | - |
| Total Liabilities | $9.99M | $4.40M | $731.00K | $10.36M | $1.87M | $1.86M | $5.62M | $7.72M | $7.08M | - |
| Common Stock | - | - | $7.00K | $7.00K | $7.00K | $7.00K | $6.00K | $6.00K | $5.00K | $5.00K |
| Retained Earnings | $-204.67M | $-186.50M | $-87.19M | $-8.01M | $-217.60M | $-198.42M | $-175.52M | $-158.24M | $-129.67M | $-100.44M |
| Total Stockholders Equity | $39.62M | $56.01M | $152.24M | $224.44M | $5.63M | $9.89M | $1.55M | $11.15M | $15.10M | $32.63M |
| Total Liabilities & Equity | $49.61M | $60.41M | $152.97M | $234.79M | $7.50M | $11.75M | $7.17M | $18.87M | $22.17M | $45.09M |
| Breakdown | TTM (Sep 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-21.54M | $-18.18M | $-27.87M | $-36.26M | $280.43M | $-19.18M | $-25.41M | $-17.28M | $-28.57M | $-29.23M | $-9.90M |
| Depreciation & Amortization | - | - | - | - | - | - | - | - | - | $26.00K | $25.00K |
| Stock-based Compensation | - | - | - | - | - | - | - | - | - | $7.28M | $8.19M |
| Change in Receivables | $68.00K | $-1.00K | $3.00K | $-3.00K | $3.00K | $-1.00K | $6.00K | - | - | - | - |
| Change in Payables | - | - | - | - | - | $296.00K | $636.00K | $-1.39M | $-477.00K | $-1.04M | - |
| Operating Cash Flow | $-26.07M | $-15.33M | $-24.77M | $-16.89M | $281.39M | $-15.08M | $-22.30M | $-14.94M | $-21.92M | $-26.36M | - |
| Capital Expenditure | - | $22.00K | $65.00K | - | - | $14.00K | - | - | $13.00K | $10.00K | $35.00K |
| Investing Cash Flow | $12.14M | $12.46M | $35.94M | $-38.53M | $-25.95M | $-606.00K | $-370.00K | $7.79M | $700.00K | $12.60M | - |
| Stock Issued | - | - | - | - | $4.49M | $10.54M | $27.05M | $3.68M | $19.20M | $3.28M | - |
| Dividends Paid | - | - | $71.43M | - | $70.84M | - | - | - | - | - | - |
| Financing Cash Flow | $-146.00K | $-129.00K | $-71.44M | $-29.00K | $-65.66M | $11.21M | $27.14M | $3.66M | $19.12M | $3.82M | - |
| Net Change in Cash | - | - | - | - | - | - | $4.48M | $-3.49M | $-2.10M | $-9.93M | $-515.00K |
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 | $58.00K | $2.00K | $106.00K | $5.00K |
| Operating Expenses | $4.70M | $4.39M | $12.74M | $13.73M |
| Research & Development | $1.14M | $1.18M | $3.62M | $3.67M |
| Selling General & Admin | $3.06M | $3.21M | $8.62M | $10.07M |
| Operating Income | $-4.64M | $-4.39M | $-12.63M | $-13.73M |
| Income Before Tax | $-4.35M | $-3.84M | $-11.65M | $-11.96M |
| Income Tax Expense | - | - | $2.00K | $3.00K |
| Net Income | $-4.35M | $-3.84M | $-11.65M | $-11.96M |
| Basic EPS | -1.18 | -1.07 | -3.17 | -3.32 |
| Diluted EPS | -1.18 | -1.07 | -3.17 | -3.32 |
| Basic Shares Outstanding | $3.67M | $3.60M | $3.67M | $3.60M |
| Diluted Shares Outstanding | $3.67M | $3.60M | $3.67M | $3.60M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $17.13M | $23.30M |
| Accounts Receivable | $19.00K | - |
| Other Current Assets | $223.00K | $122.00K |
| Total Current Assets | $28.43M | $38.20M |
| Property Plant & Equipment | $68.00K | $67.00K |
| Total Assets | $37.98M | $49.61M |
| Other Current Liabilities | $1.31M | $6.60M |
| Total Current Liabilities | $2.07M | $7.20M |
| Other Non-current Liabilities | $6.62M | $2.79M |
| Total Liabilities | $8.69M | $9.99M |
| Common Stock | - | - |
| Retained Earnings | $-216.32M | $-204.67M |
| Total Stockholders Equity | $29.29M | $39.62M |
| Total Liabilities & Equity | $37.98M | $49.61M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-4.35M | $-3.84M | $-11.65M | $-11.96M |
| Change in Receivables | - | - | $19.00K | $-2.00K |
| Change in Payables | - | - | $41.00K | $-160.00K |
| Operating Cash Flow | - | - | $-9.84M | $-9.82M |
| Capital Expenditure | - | - | $17.00K | $11.00K |
| Investing Cash Flow | - | - | $3.69M | $8.67M |
| Financing Cash Flow | - | - | $-19.00K | $-9.00K |
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.