-
Revenue
$-5.44M
Net Income
-
Gross Margin
-
Op. Margin
$-13.64M
Free Cash Flow
| Breakdown | TTM (Sep 30, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | - | $43.00K | $420.00K | - | - | - | $150.00K | - | $843.00K | $1.94M | $1.73M |
| Revenue Growth % | nan% | -89.8% | nan% | nan% | nan% | nan% | nan% | -100.0% | -56.6% | 12.1% | nan% |
| Operating Expenses | $9.25M | $12.05M | $25.87M | $22.94M | $10.64M | $9.68M | $9.70M | $9.49M | $14.99M | $18.11M | $24.17M |
| Research & Development | $1.77M | $6.66M | $19.16M | $15.48M | $4.76M | $4.66M | $4.33M | $4.24M | $9.48M | $12.38M | $18.28M |
| Selling General & Admin | - | $5.39M | $6.72M | $7.46M | $5.88M | $5.02M | $5.37M | $5.25M | $5.52M | $5.73M | $5.89M |
| Operating Income | $-9.17M | $-12.00M | $-25.45M | $-22.94M | $-10.64M | $-9.68M | $-9.55M | $-9.49M | $-14.15M | $-16.17M | $-22.44M |
| Operating Margin % | nan% | -27916.3% | -6060.2% | nan% | nan% | nan% | -6365.3% | nan% | -1678.5% | -831.8% | -1293.9% |
| Interest Expense | - | - | - | - | - | - | $331.00K | $118.00K | - | - | - |
| Interest Income | - | $12.00K | $266.00K | $16.00K | $42.00K | $224.00K | $331.00K | $118.00K | $37.00K | $9.00K | $6.00K |
| Other Income/Expense | $21.00K | $52.00K | $50.00K | $204.00K | $955.00K | $556.00K | $923.00K | $1.03M | $376.00K | $-316.00K | $-212.00K |
| Income Before Tax | $-4.24M | $-11.99M | $-25.55M | $-22.73M | $-9.68M | $-9.13M | $-8.62M | $-8.46M | $-13.77M | $-16.49M | $-22.65M |
| Income Tax Expense | - | $-782.00K | $-3.00M | $-3.85M | $-1.24M | $-1.30M | $-1.34M | $-993.00K | $-1.98M | $-2.14M | $-3.24M |
| Net Income | $-5.44M | $-11.21M | $-22.55M | $-18.89M | $-8.45M | $-7.83M | $-7.29M | $-7.47M | $-11.79M | $-14.34M | $-19.39M |
| Net Margin % | nan% | -26074.4% | -5370.2% | nan% | nan% | nan% | -4858.7% | nan% | -1398.7% | -737.8% | -1118.1% |
| Basic EPS | 485.63 | -2.09 | -26.75 | -2.14 | -3.42 | nan | nan | nan | nan | nan | nan |
| Diluted EPS | 485.63 | -2.09 | -26.75 | -2.14 | -3.42 | nan | nan | nan | nan | nan | nan |
| Basic Shares Outstanding | 1.9M | - | - | 8.9M | 3.6M | - | - | - | - | - | - |
| Diluted Shares Outstanding | 1.9M | - | - | 8.9M | 3.6M | - | - | - | - | - | - |
| Breakdown | 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) |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $3.14M | $3.38M | $36.56M | $33.41M | $11.88M | $17.50M | $23.91M | $16.52M | $20.44M | $24.19M |
| Other Current Assets | $537.00K | $4.07M | $4.38M | $2.06M | $2.13M | $2.28M | $2.06M | $3.10M | $4.05M | $4.64M |
| Total Current Assets | $3.67M | $7.44M | $40.94M | $35.47M | $14.02M | $19.79M | $25.97M | $19.62M | $24.57M | $29.00M |
| Property Plant & Equipment | $3.00K | $9.00K | $64.00K | $106.00K | $27.00K | $36.00K | $29.00K | $45.00K | $198.00K | $387.00K |
| Total Assets | $4.09M | $8.80M | $42.59M | $36.80M | $15.31M | $19.82M | $26.00M | $19.66M | $24.76M | $29.39M |
| Accounts Payable | $4.60M | $3.54M | $2.12M | $514.00K | $890.00K | $2.72M | $1.56M | $2.50M | $1.94M | $2.79M |
| Accrued Liabilities | $1.67M | $4.62M | $3.18M | $1.97M | $1.53M | $1.73M | $2.56M | $2.76M | $3.74M | $4.63M |
| Other Current Liabilities | - | - | - | - | - | $100.00K | $124.00K | - | - | - |
| Total Current Liabilities | $6.27M | $8.16M | $5.29M | $2.49M | $2.42M | $4.45M | $4.11M | $5.26M | $5.75M | $7.49M |
| Other Non-current Liabilities | - | - | - | - | - | $100.00K | $124.00K | $130.00K | $176.00K | $206.00K |
| Total Liabilities | $6.27M | $8.20M | $5.32M | $3.54M | $3.61M | $4.55M | $4.24M | $5.39M | $5.93M | $7.70M |
| Common Stock | $9.00K | $1.00K | $10.00K | $6.00K | $17.00K | $12.00K | $12.00K | $4.00K | $35.00K | $23.00K |
| Retained Earnings | $-439.49M | $-428.28M | $-384.96M | $-366.07M | $-357.63M | $-349.80M | $-342.51M | $-335.04M | $-323.16M | $-308.82M |
| Total Stockholders Equity | $-2.17M | $607.00K | $37.26M | $33.26M | $11.70M | $15.27M | $21.77M | $14.27M | $18.84M | $21.69M |
| Total Liabilities & Equity | $4.09M | $8.80M | $42.59M | $36.80M | $15.31M | $19.82M | $26.00M | $19.66M | $24.76M | $29.39M |
| Breakdown | TTM (Sep 30, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-5.44M | $-11.21M | $-22.55M | $-18.89M | $-8.45M | $-7.83M | $-7.29M | $-7.47M | $-11.79M | $-14.34M | $-19.39M |
| Stock-based Compensation | $5.11M | $592.00K | $1.47M | $1.16M | $430.00K | $466.00K | $331.00K | $266.00K | $782.00K | $745.00K | $1.22M |
| Operating Cash Flow | $-13.64M | $-7.99M | $-16.11M | $-18.54M | $-7.93M | $-9.45M | $-6.70M | $-7.48M | - | - | - |
| Capital Expenditure | - | - | $6.00K | $27.00K | $96.00K | $10.00K | $39.00K | $13.00K | $3.00K | $34.00K | $309.00K |
| Investing Cash Flow | - | - | $-6.00K | $-27.00K | $-96.00K | $28.00K | $-39.00K | $-13.00K | - | - | - |
| Stock Issued | - | - | - | - | $29.70M | $4.05M | $630.00K | $14.75M | $6.79M | $11.06M | $12.42M |
| Financing Cash Flow | $16.31M | $7.82M | $848.00K | $21.74M | $29.50M | $3.85M | $429.00K | $14.75M | - | - | - |
| Net Change in Cash | $2.31M | $-241.00K | $-14.97M | $3.15M | $21.52M | $-5.62M | $-6.41M | $7.39M | $-3.92M | $-3.75M | $-6.96M |
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 | $81.00K | - | $81.00K | - |
| Cost of Revenue | $64.00K | - | $64.00K | - |
| Operating Expenses | $1.07M | - | $7.43M | - |
| Research & Development | $5.00K | - | $895.00K | - |
| Operating Income | $-992.00K | - | $-7.34M | - |
| Interest Expense | - | - | $6.00K | - |
| Other Income/Expense | $9.00K | - | $21.00K | - |
| Income Before Tax | $-988.00K | - | $-2.38M | - |
| Income Tax Expense | - | - | $2.00K | - |
| Net Income | $-988.00K | $-3.26M | $-2.39M | - |
| Basic EPS | -1.31 | - | -2.86 | - |
| Diluted EPS | -1.31 | - | -2.86 | - |
| Basic Shares Outstanding | $1.91M | - | $1.37M | - |
| Diluted Shares Outstanding | $1.91M | - | $1.37M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $3.84M | $3.14M |
| Accounts Receivable | $725.00K | - |
| Inventory | $1.37M | - |
| Other Current Assets | $513.00K | $537.00K |
| Total Current Assets | $6.44M | $3.67M |
| Property Plant & Equipment | $129.00K | $3.00K |
| Goodwill | $1.57M | - |
| Total Assets | $8.16M | $4.09M |
| Accounts Payable | $468.00K | $4.60M |
| Accrued Liabilities | $534.00K | $1.67M |
| Total Current Liabilities | $1.00M | $6.27M |
| Total Liabilities | $1.06M | $6.27M |
| Common Stock | $3.00K | - |
| Retained Earnings | $-444.26M | $-439.49M |
| Total Stockholders Equity | $7.10M | $-2.17M |
| Total Liabilities & Equity | $8.16M | $4.09M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-988.00K | $-3.26M | $-2.39M | - |
| Stock-based Compensation | - | - | $1.68M | - |
| Change in Receivables | - | - | $725.00K | - |
| Change in Inventory | - | - | $1.37M | - |
| Operating Cash Flow | - | - | $-4.74M | - |
| Investing Cash Flow | - | - | - | - |
| Financing Cash Flow | - | - | $5.52M | - |
| Net Change in Cash | - | - | $701.00K | - |
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.