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$83.46M
Revenue
-
Net Income
-
Gross Margin
-
Op. Margin
-
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 13 annual reports available (2011 - 2024)
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
+ Total Revenue $83.46M $68.63M $38.96M $44.11M $10.05M -
Revenue Growth % 21.6% 76.2% -11.7% 338.9% nan% nan%
Cost of Revenue $195.38M $184.84M $21.10M $30.90M $7.66M -
+ Gross Profit - - $17.86M $13.21M $2.39M -
Gross Margin % nan% nan% 45.8% 29.9% 23.7% nan%
Operating Expenses - - $15.97M $17.05M $3.34M $472.96K
+ Operating Income - - $1.89M $-3.84M $-959.00K $-472.96K
Operating Margin % nan% nan% 4.9% -8.7% -9.5% nan%
Interest Expense - - $103.63K $43.28K $29.08K $11.20K
Income Before Tax - - $1.84M $-3.82M $-988.08K $-461.52K
Income Tax Expense $12.18K $7.77K $8.79K - - -
+ Net Income - - $2.09M $-3.77M $-967.68K $-461.52K
Net Margin % nan% nan% 5.4% -8.5% -9.6% nan%
Breakdown FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
Cash & Cash Equivalents - $3.16M $2.68M $4.92M $14.47K
Accounts Receivable $5.32M $1.34M $1.06M $842.92K -
Inventory $161.75K $67.57K $108.22K $255.29K -
Total Current Assets - $7.28M $7.56M $9.80M $14.47K
Goodwill $36.37M $72.67M $71.66M $71.66M -
Other Non-current Assets - $236.48K $515.56K $586.92K $50.79K
Total Assets - $81.95M $81.18M $83.88M $80.85K
Accounts Payable - $5.08M $6.80M $6.20M $1.16M
Accrued Liabilities - $2.70M $2.78M $2.86M -
Other Current Liabilities - $188.21K $347.65K $400.01K $50.79K
Total Current Liabilities - $13.28M $13.37M $12.60M $2.49M
Total Liabilities - $13.34M $14.25M $13.27M $2.49M
Common Stock - $2.63M $2.63M $2.63M $1.15M
Retained Earnings $-47.74M $-11.95M $-14.03M $-10.27M $-9.30M
Total Stockholders Equity $31.21M $69.19M $67.09M $70.71M $-2.41M
Total Liabilities & Equity - $81.95M $81.18M $83.88M $80.85K
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
Net Income - - $2.09M $-3.77M $-967.68K $-461.52K
Depreciation & Amortization - - $105.15K $185.10K $67.62K $980.00
Change in Receivables - - $276.62K $218.78K $135.40K -
Change in Inventory - - $-40.65K $-147.07K $44.31K -
Change in Payables - - $-1.73M $604.90K $-1.36M $4.52K
Operating Cash Flow - - $-656.67K $-3.39M $-5.82M $-447.68K
Capital Expenditure - - $177.84K $51.52K $22.45K -
Investing Cash Flow - - $460.06K $303.24K $-732.95K -
Stock Issued - - - - $12.97M -
Financing Cash Flow - - $1.26M $24.17K $11.65M $375.79K
Net Change in Cash - - $1.09M $-2.84M $4.91M $-70.16K
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 $22.01M - $65.39M -
Cost of Revenue $14.38M - $44.55M -
Gross Profit $7.63M - $20.84M -
Operating Expenses $7.39M - $20.37M -
Operating Income $238.71K - $466.78K -
Interest Expense - - $12.36K -
Other Income/Expense $111.76K - $100.39K -
Income Tax Expense $5.18K - $5.18K -
Net Income $460.10K - $1.07M -
Diluted Shares Outstanding $263.34M - $263.34M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $5.80M $4.91M
Accounts Receivable $10.04M $5.32M
Inventory $253.15K $161.75K
Total Current Assets $21.69M $16.43M
Goodwill $36.37M $36.37M
Other Non-current Assets $748.59K $1.07M
Total Assets $60.56M $55.55M
Accounts Payable $7.45M $11.20M
Accrued Liabilities $2.41M $2.47M
Other Current Liabilities $440.62K $447.86K
Total Current Liabilities $28.51M $23.72M
Total Liabilities $28.81M $24.34M
Common Stock $2.63M $2.63M
Retained Earnings $-46.66M $-47.74M
Total Stockholders Equity $34.45M $33.40M
Total Liabilities & Equity $60.56M $55.55M
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $460.10K - $1.07M -
Depreciation & Amortization $64.28K - $185.40K -
Change in Receivables - - $4.71M -
Change in Inventory - - $91.40K -
Change in Payables - - $-3.76M -
Operating Cash Flow - - $2.16M -
Capital Expenditure - - $132.88K -
Investing Cash Flow - - $-422.18K -
Financing Cash Flow - - $-832.42K -
Net Change in Cash - - $881.10K -

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.

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