$15.51M
Revenue
$-1.97M
Net Income
66.39%
Gross Margin
-13.46%
Op. Margin
$-1.37M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Sep 30, 2025) |
FY 2024 (Sep 30, 2024) |
FY 2023 (Sep 30, 2023) |
FY 2022 (Sep 30, 2022) |
FY 2021 (Sep 30, 2021) |
|---|---|---|---|---|---|---|
| Total Revenue | $15.51M | $15.38M | $15.36M | $15.88M | $16.82M | $13.26M |
| Revenue Growth % | 0.8% | 0.2% | -3.3% | -5.6% | 26.8% | nan% |
| Cost of Revenue | $5.21M | $5.14M | $4.92M | $5.01M | $5.12M | $4.53M |
| Gross Profit | $10.29M | $10.24M | $10.43M | $10.87M | $11.70M | $8.73M |
| Gross Margin % | 66.4% | 66.6% | 67.9% | 68.4% | 69.6% | 65.8% |
| Operating Expenses | $12.38M | $12.67M | $12.45M | $20.79M | $13.60M | $9.91M |
| Research & Development | $3.74M | $4.02M | $4.16M | $3.68M | $3.22M | $2.39M |
| Operating Income | $-2.09M | $-2.43M | $-2.02M | $-9.91M | $-1.90M | $-1.18M |
| Operating Margin % | -13.5% | -15.8% | -13.1% | -62.4% | -11.3% | -8.9% |
| Interest Expense | $24.00K | $17.00K | $29.00K | $51.00K | $38.00K | $7.00K |
| Income Before Tax | $-2.01M | $-2.56M | $-2.00M | $-9.53M | $2.17M | $-7.86M |
| Income Tax Expense | $-39.00K | $-39.00K | $-43.00K | $-94.00K | $30.00K | $-1.17M |
| Net Income | $-1.97M | $-2.52M | $-1.96M | $-9.44M | $2.15M | $-6.69M |
| Net Margin % | -12.7% | -16.4% | -12.8% | -59.4% | 12.8% | -50.4% |
| Basic EPS | -0.20 | -0.25 | -0.19 | -0.91 | 0.21 | -1.47 |
| Diluted EPS | -0.20 | -0.25 | -0.19 | -0.91 | 0.20 | -1.47 |
| Basic Shares Outstanding | 12.0M | 11.2M | 10.4M | 10.4M | 10.2M | 5.9M |
| Diluted Shares Outstanding | 12.0M | 11.2M | 10.4M | 10.4M | 10.4M | 5.9M |
| Breakdown | FY 2025 (Sep 30, 2025) |
FY 2024 (Sep 30, 2024) |
FY 2023 (Sep 30, 2023) |
FY 2022 (Sep 30, 2022) |
FY 2021 (Sep 30, 2021) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $1.63M | $1.39M | $2.38M | $2.86M | $8.85M |
| Accounts Receivable | $1.54M | $1.29M | $1.00M | $1.18M | $1.37M |
| Other Current Assets | - | - | - | - | $17.00K |
| Total Current Assets | $3.48M | $2.95M | $3.66M | $4.28M | $10.42M |
| Property Plant & Equipment | $46.00K | $74.00K | $151.00K | $268.00K | $252.00K |
| Goodwill | $8.47M | $8.47M | $8.47M | $15.98M | $15.98M |
| Intangible Assets | $3.18M | $3.91M | $4.89M | $6.27M | $7.75M |
| Other Non-current Assets | $24.00K | $42.00K | $73.00K | $123.00K | $76.00K |
| Total Assets | $15.33M | $15.60M | $17.63M | $27.51M | $34.97M |
| Accounts Payable | $1.68M | $1.11M | $1.25M | $972.00K | $974.00K |
| Accrued Liabilities | $819.00K | $988.00K | $995.00K | $995.00K | $908.00K |
| Deferred Revenue | $2.26M | $2.19M | $2.08M | $1.94M | $2.10M |
| Total Current Liabilities | $4.98M | $4.73M | $4.75M | $4.79M | $8.34M |
| Other Non-current Liabilities | $431.00K | $520.00K | $572.00K | $646.00K | $774.00K |
| Total Liabilities | $5.76M | $5.60M | $6.17M | $7.16M | $17.39M |
| Common Stock | $12.00K | $10.00K | $10.00K | $10.00K | $10.00K |
| Retained Earnings | $-94.06M | $-91.54M | $-89.58M | $-80.14M | $-82.29M |
| Total Stockholders Equity | $9.57M | $10.01M | $11.46M | $20.35M | $17.58M |
| Total Liabilities & Equity | $15.33M | $15.60M | $17.63M | $27.51M | $34.97M |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Sep 30, 2025) |
FY 2024 (Sep 30, 2024) |
FY 2023 (Sep 30, 2023) |
FY 2022 (Sep 30, 2022) |
FY 2021 (Sep 30, 2021) |
|---|---|---|---|---|---|---|
| Net Income | $-1.97M | $-2.52M | $-1.96M | $-9.44M | $2.15M | $-6.69M |
| Depreciation & Amortization | $774.00K | $779.00K | $1.09M | $1.53M | $1.60M | $1.20M |
| Stock-based Compensation | $874.00K | $582.00K | $558.00K | $571.00K | $478.00K | $607.00K |
| Deferred Income Tax | - | $-57.00K | $-65.00K | $-63.00K | $-45.00K | $-1.20M |
| Operating Cash Flow | $-1.34M | $-1.10M | $-765.00K | $277.00K | $-134.00K | $-989.00K |
| Capital Expenditure | $32.00K | $18.00K | $29.00K | $25.00K | $117.00K | $79.00K |
| Acquisitions | - | - | - | - | - | $4.41M |
| Investing Cash Flow | - | - | - | $-25.00K | $-195.00K | $-4.52M |
| Debt Repayment | $418.00K | $226.00K | $209.00K | $399.00K | $611.00K | $603.00K |
| Stock Issued | - | $1.98M | - | - | - | - |
| Financing Cash Flow | - | $1.36M | $-209.00K | $-649.00K | $-5.48M | $13.47M |
| Net Change in Cash | $1.45M | $236.00K | $-987.00K | $-479.00K | $-6.00M | $7.99M |
SEC Filing Format - Data shown as it appears in the Q1 2026 (10-Q) filing
Period ended: Dec 31, 2025
Condensed Consolidated Statements of Operations
| Description | Dec 31, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Total Revenue | $3.91M | $3.79M |
| Cost of Revenue | $1.32M | $1.26M |
| Gross Profit | $2.59M | $2.54M |
| Operating Expenses | $2.76M | $3.05M |
| Research & Development | $792.00K | $1.07M |
| Operating Income | $-171.00K | $-511.00K |
| Interest Expense | $4.00K | $4.00K |
| Income Before Tax | $-81.00K | $-629.00K |
| Income Tax Expense | $5.00K | $5.00K |
| Net Income | $-86.00K | $-634.00K |
| Basic EPS | -0.01 | -0.06 |
| Diluted EPS | -0.01 | -0.06 |
Condensed Consolidated Balance Sheets
| Description | Dec 31, 2025 | Sep 30, 2025 |
|---|---|---|
| Cash & Cash Equivalents | $1.48M | $1.63M |
| Accounts Receivable | $1.59M | $1.54M |
| Total Current Assets | $3.69M | $3.48M |
| Property Plant & Equipment | $46.00K | $46.00K |
| Goodwill | $8.47M | $8.47M |
| Intangible Assets | $2.99M | $3.18M |
| Other Non-current Assets | $52.00K | $24.00K |
| Total Assets | $15.74M | $15.33M |
| Accounts Payable | $1.50M | $1.68M |
| Accrued Liabilities | $1.20M | $819.00K |
| Deferred Revenue | $2.32M | $2.26M |
| Total Current Liabilities | $5.23M | $4.98M |
| Long-term Debt | $200.00K | $300.00K |
| Other Non-current Liabilities | $431.00K | $431.00K |
| Total Liabilities | $6.18M | $5.76M |
| Common Stock | $12.00K | $12.00K |
| Retained Earnings | $-94.14M | $-94.06M |
| Total Stockholders Equity | $9.55M | $9.57M |
| Total Liabilities & Equity | $15.74M | $15.33M |
Condensed Consolidated Statements of Cash Flows
| Description | Dec 31, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Net Income | $-86.00K | $-634.00K |
| Depreciation & Amortization | $190.00K | $195.00K |
| Stock-based Compensation | $78.00K | $107.00K |
| Operating Cash Flow | $-39.00K | $178.00K |
| Capital Expenditure | $7.00K | $5.00K |
| Investing Cash Flow | $-17.00K | $-5.00K |
| Debt Repayment | $91.00K | $83.00K |
| Net Change in Cash | $-145.00K | $93.00K |
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.