$46.49M
Revenue
$-4.83M
Net Income
63.68%
Gross Margin
-10.61%
Op. Margin
$-5.09M
Free Cash Flow
| Breakdown | 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 | $11.51M | $11.65M | $11.40M | $11.92M | $12.55M | $12.07M |
| Revenue Growth % (YoY) | -8.3% | -3.5% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $4.25M | $4.07M | $4.19M | $4.38M | $4.22M | $4.15M |
| Gross Profit | $7.27M | $7.59M | $7.21M | $7.54M | $8.33M | $7.92M |
| Gross Margin % | 63.1% | 65.1% | 63.3% | 63.2% | 66.4% | 65.6% |
| Operating Expenses | $12.46M | $12.19M | $13.27M | $13.51M | $13.38M | $12.80M |
| Research & Development | $2.37M | $2.50M | $2.67M | $2.84M | $3.11M | $3.22M |
| Operating Income | $-941.00K | $-536.00K | $-1.87M | $-1.59M | $-825.00K | $-722.00K |
| Operating Margin % | -8.2% | -4.6% | -16.4% | -13.3% | -6.6% | -6.0% |
| Interest Expense | $151.00K | $47.00K | $25.00K | $28.00K | $96.00K | $65.00K |
| Income Before Tax | $-993.00K | $90.00K | $-1.87M | $-1.62M | $-806.00K | $-753.00K |
| Income Tax Expense | $27.00K | $5.00K | $108.00K | $293.00K | $25.00K | $3.00K |
| Net Income | $-1.02M | $85.00K | $-1.98M | $-1.91M | $-831.00K | $-756.00K |
| Net Margin % | -8.9% | 0.7% | -17.4% | -16.0% | -6.6% | -6.3% |
| Basic EPS | -0.02 | 0.00 | -0.05 | -0.04 | -0.02 | -0.02 |
| Diluted EPS | -0.02 | 0.00 | -0.05 | -0.04 | -0.02 | -0.02 |
| Breakdown | 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 | $10.32M | $10.49M | $10.02M | $12.77M | $12.08M | $11.98M |
| Accounts Receivable | $7.40M | $7.56M | $7.58M | $7.07M | $7.76M | $7.64M |
| Other Current Assets | $2.69M | $3.04M | $2.32M | $2.44M | $1.97M | $2.87M |
| Total Current Assets | $20.40M | $21.09M | $19.93M | $22.28M | $21.81M | $22.49M |
| Property Plant & Equipment | $1.72M | $1.74M | $1.72M | $1.81M | $2.07M | $1.86M |
| Goodwill | $17.56M | $17.56M | $17.56M | $17.56M | $17.56M | $17.56M |
| Intangible Assets | - | - | - | - | $151.00K | $301.00K |
| Other Non-current Assets | $714.00K | $768.00K | $394.00K | $397.00K | $1.21M | $1.90M |
| Total Assets | $41.15M | $41.98M | $40.63M | $43.20M | $44.08M | $45.50M |
| Accounts Payable | $2.64M | $2.92M | $1.71M | $1.35M | $1.20M | $1.92M |
| Deferred Revenue | $430.00K | $806.00K | $1.29M | $1.09M | $859.00K | $1.47M |
| Total Current Liabilities | $8.06M | $8.73M | $7.96M | $9.27M | $8.66M | $9.47M |
| Deferred Tax Liabilities | $678.00K | $658.00K | $655.00K | $579.00K | $289.00K | $278.00K |
| Total Liabilities | $9.20M | $9.94M | $9.26M | $10.57M | $9.96M | $10.97M |
| Retained Earnings | $-329.10M | $-328.07M | $-328.16M | $-326.18M | $-324.27M | $-323.44M |
| Total Stockholders Equity | $31.94M | $32.04M | $31.37M | $32.63M | $34.12M | $34.53M |
| Total Liabilities & Equity | $41.15M | $41.98M | $40.63M | $43.20M | $44.08M | $45.50M |
| Breakdown | 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 | $-1.02M | $85.00K | $-1.98M | $-1.91M | $-831.00K | $-756.00K |
| Depreciation & Amortization | - | - | - | $774.00K | $1.87M | $1.15M |
| Stock-based Compensation | $1.93M | $1.01M | $455.00K | $426.00K | $1.28M | $870.00K |
| Deferred Income Tax | $99.00K | $80.00K | $76.00K | $327.00K | $3.00K | $-9.00K |
| Change in Receivables | $394.00K | $437.00K | $452.00K | $-700.00K | $231.00K | $168.00K |
| Change in Payables | $1.29M | $1.57M | $363.00K | $201.00K | $-767.00K | $389.00K |
| Operating Cash Flow | $-1.53M | $-1.82M | $-2.62M | $875.00K | $-1.98M | $-2.36M |
| Capital Expenditure | $31.00K | $31.00K | - | $165.00K | $264.00K | $81.00K |
| Investing Cash Flow | $-892.00K | $-542.00K | $-289.00K | $-165.00K | $-264.00K | $-81.00K |
| Financing Cash Flow | $-25.00K | $85.00K | $164.00K | $-21.00K | $-286.00K | $-188.00K |
| Net Change in Cash | $-2.45M | $-2.28M | $-2.75M | $689.00K | $-2.53M | $-2.63M |
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 | $11.51M | - | $34.57M | - |
| Cost of Revenue | $4.25M | - | $12.50M | - |
| Operating Expenses | $12.46M | - | $37.92M | - |
| Research & Development | $2.37M | - | $7.54M | - |
| Operating Income | $-941.00K | - | $-3.35M | - |
| Interest Expense | - | - | $151.00K | - |
| Income Before Tax | $-993.00K | - | $-2.78M | - |
| Income Tax Expense | $27.00K | - | $141.00K | - |
| Net Income | $-1.02M | $-756.00K | $-2.92M | - |
| Basic EPS | -0.02 | - | -0.07 | - |
| Diluted EPS | -0.02 | - | -0.07 | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $10.32M | $12.77M |
| Accounts Receivable | $7.40M | $7.07M |
| Other Current Assets | $2.69M | $2.44M |
| Total Current Assets | $20.40M | $22.28M |
| Property Plant & Equipment | $1.72M | $1.81M |
| Goodwill | $17.56M | $17.56M |
| Other Non-current Assets | $714.00K | $397.00K |
| Total Assets | $41.15M | $43.20M |
| Accounts Payable | $2.64M | $1.35M |
| Deferred Revenue | $430.00K | $1.09M |
| Total Current Liabilities | $8.06M | $9.27M |
| Deferred Tax Liabilities | $678.00K | $579.00K |
| Total Liabilities | $9.20M | $10.57M |
| Retained Earnings | $-329.10M | $-326.18M |
| Total Stockholders Equity | $31.94M | $32.63M |
| Total Liabilities & Equity | $41.15M | $43.20M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-1.02M | $-756.00K | $-2.92M | - |
| Stock-based Compensation | - | - | $1.93M | - |
| Deferred Income Tax | - | - | $99.00K | - |
| Change in Receivables | - | - | $394.00K | - |
| Change in Payables | - | - | $1.29M | - |
| Operating Cash Flow | - | - | $-1.53M | - |
| Capital Expenditure | - | - | $31.00K | - |
| Investing Cash Flow | - | - | $-892.00K | - |
| Financing Cash Flow | - | - | $-25.00K | - |
| Net Change in Cash | - | - | $-2.45M | - |
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.