$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) |
FY 2020 (Sep 30, 2020) |
FY 2019 (Sep 30, 2019) |
FY 2018 (Sep 30, 2018) |
FY 2017 (Sep 30, 2017) |
FY 2016 (Sep 30, 2016) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $15.51M | $15.38M | $15.36M | $15.88M | $16.82M | $13.26M | $10.91M | $9.95M | $13.57M | $16.29M | $15.89M |
| Revenue Growth % | 0.8% | 0.2% | -3.3% | -5.6% | 26.8% | 21.6% | 9.6% | -26.7% | -16.7% | 2.5% | nan% |
| Cost of Revenue | $5.21M | $5.14M | $4.92M | $5.01M | $5.12M | $4.53M | $4.51M | $5.36M | $6.75M | $7.16M | $7.28M |
| Gross Profit | $10.29M | $10.24M | $10.43M | $10.87M | $11.70M | $8.73M | $6.40M | $4.59M | $6.82M | $9.13M | $8.61M |
| Gross Margin % | 66.4% | 66.6% | 67.9% | 68.4% | 69.6% | 65.8% | 58.7% | 46.1% | 50.3% | 56.1% | 54.2% |
| Operating Expenses | $12.38M | $12.67M | $12.45M | $20.79M | $13.60M | $9.91M | $8.04M | $15.66M | $13.81M | $10.52M | $12.16M |
| Research & Development | $3.74M | $4.02M | $4.16M | $3.68M | $3.22M | $2.39M | $1.64M | $2.19M | $1.60M | $1.59M | $1.58M |
| Operating Income | $-2.09M | $-2.43M | $-2.02M | $-9.91M | $-1.90M | $-1.18M | $-1.64M | $-11.07M | $-6.99M | $-1.39M | $-3.54M |
| Operating Margin % | -13.5% | -15.8% | -13.1% | -62.4% | -11.3% | -8.9% | -15.1% | -111.2% | -51.5% | -8.5% | -22.3% |
| Interest Expense | $24.00K | $17.00K | $29.00K | $51.00K | $38.00K | $7.00K | - | $88.00K | $250.00K | $128.00K | $469.00K |
| Income Before Tax | $-2.01M | $-2.56M | $-2.00M | $-9.53M | $2.17M | $-7.86M | $337.00K | $-9.47M | $-7.22M | $-1.59M | $-7.87M |
| Income Tax Expense | $-39.00K | $-39.00K | $-43.00K | $-94.00K | $30.00K | $-1.17M | $11.00K | $4.00K | $-3.00K | $16.00K | $-47.00K |
| Net Income | $-1.97M | $-2.52M | $-1.96M | $-9.44M | $2.15M | $-6.69M | $326.00K | $-9.47M | $-7.22M | $-1.60M | $-7.82M |
| Net Margin % | -12.7% | -16.4% | -12.8% | -59.4% | 12.8% | -50.4% | 3.0% | -95.2% | -53.2% | -9.8% | -49.2% |
| Basic EPS | -0.20 | -0.25 | -0.19 | -0.91 | 0.21 | -1.47 | -0.59 | -8.16 | -89.05 | nan | nan |
| Diluted EPS | -0.20 | -0.25 | -0.19 | -0.91 | 0.20 | -1.47 | -0.59 | -8.16 | -89.05 | nan | nan |
| Basic Shares Outstanding | 12.0M | 11.2M | 10.4M | 10.4M | 10.2M | 5.9M | 3.6M | 1.2M | 85K | - | - |
| Diluted Shares Outstanding | 12.0M | 11.2M | 10.4M | 10.4M | 10.4M | 5.9M | 3.6M | 1.2M | 85K | - | - |
| 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) |
FY 2020 (Sep 30, 2020) |
FY 2019 (Sep 30, 2019) |
FY 2018 (Sep 30, 2018) |
FY 2017 (Sep 30, 2017) |
FY 2016 (Sep 30, 2016) |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $1.63M | $1.39M | $2.38M | $2.86M | $8.85M | $861.00K | $296.00K | $644.00K | $748.00K | $661.00K |
| Accounts Receivable | $1.54M | $1.29M | $1.00M | $1.18M | $1.37M | $665.00K | $979.00K | $1.72M | - | - |
| Other Current Assets | - | - | - | - | $17.00K | $111.00K | $49.00K | $21.00K | $352.00K | $381.00K |
| Total Current Assets | $3.48M | $2.95M | $3.66M | $4.28M | $10.42M | $1.91M | $1.68M | $2.84M | $4.13M | $3.59M |
| Property Plant & Equipment | $46.00K | $74.00K | $151.00K | $268.00K | $252.00K | $238.00K | $299.00K | $80.00K | $209.00K | $512.00K |
| Goodwill | $8.47M | $8.47M | $8.47M | $15.98M | $15.98M | $5.56M | $5.56M | $7.78M | $12.64M | $12.64M |
| Intangible Assets | $3.18M | $3.91M | $4.89M | $6.27M | $7.75M | $2.62M | $3.51M | $20.00K | $263.00K | $548.00K |
| Other Non-current Assets | $24.00K | $42.00K | $73.00K | $123.00K | $76.00K | $49.00K | $115.00K | $280.00K | $334.00K | $436.00K |
| Total Assets | $15.33M | $15.60M | $17.63M | $27.51M | $34.97M | $10.66M | $11.15M | $11.00M | $17.57M | $17.73M |
| Accounts Payable | $1.68M | $1.11M | $1.25M | $972.00K | $974.00K | $1.31M | $1.74M | $1.58M | $1.24M | $1.28M |
| Accrued Liabilities | $819.00K | $988.00K | $995.00K | $995.00K | $908.00K | $599.00K | $835.00K | $580.00K | $920.00K | $946.00K |
| Deferred Revenue | $2.26M | $2.19M | $2.08M | $1.94M | $2.10M | $1.51M | $1.26M | $594.00K | $1.47M | $1.36M |
| Total Current Liabilities | $4.98M | $4.73M | $4.75M | $4.79M | $8.34M | $3.60M | $3.84M | $3.77M | $3.63M | $3.71M |
| Long-term Debt | - | - | - | - | - | - | - | $2.57M | $2.50M | $2.12M |
| Other Non-current Liabilities | $431.00K | $520.00K | $572.00K | $646.00K | $774.00K | $15.00K | $8.00K | $234.00K | $172.00K | $400.00K |
| Total Liabilities | $5.76M | $5.60M | $6.17M | $7.16M | $17.39M | $6.30M | $7.36M | $6.58M | $6.30M | $6.23M |
| Common Stock | $12.00K | $10.00K | $10.00K | $10.00K | $10.00K | $4.00K | $3.00K | $5.00K | $4.00K | $19.00K |
| Retained Earnings | $-94.06M | $-91.54M | $-89.58M | $-80.14M | $-82.29M | $-73.58M | $-71.49M | $-61.78M | $-54.25M | $-52.37M |
| Total Stockholders Equity | $9.57M | $10.01M | $11.46M | $20.35M | $17.58M | $4.36M | $3.80M | $4.42M | $11.27M | $11.50M |
| Total Liabilities & Equity | $15.33M | $15.60M | $17.63M | $27.51M | $34.97M | $10.66M | $11.15M | $11.00M | $17.57M | $17.73M |
| 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) |
FY 2020 (Sep 30, 2020) |
FY 2019 (Sep 30, 2019) |
FY 2018 (Sep 30, 2018) |
FY 2017 (Sep 30, 2017) |
FY 2016 (Sep 30, 2016) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-1.97M | $-2.52M | $-1.96M | $-9.44M | $2.15M | $-6.69M | $326.00K | $-9.47M | $-7.22M | $-1.60M | $-7.82M |
| Depreciation & Amortization | $774.00K | $779.00K | $1.09M | $1.53M | $1.60M | $1.20M | $968.00K | $620.00K | $356.00K | $582.00K | $1.31M |
| Stock-based Compensation | $874.00K | $582.00K | $558.00K | $571.00K | $478.00K | $607.00K | $194.00K | $249.00K | $492.00K | $559.00K | $320.00K |
| 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 | $-498.00K | $-4.20M | $-1.11M | $-940.00K | $-2.68M |
| Capital Expenditure | $32.00K | $18.00K | $29.00K | $25.00K | $117.00K | $79.00K | - | $20.00K | $35.00K | $47.00K | $23.00K |
| Acquisitions | - | - | - | - | - | $4.41M | - | - | - | - | - |
| Investing Cash Flow | - | - | - | $-25.00K | $-195.00K | $-4.52M | - | $-5.70M | $-50.00K | $-93.00K | $-165.00K |
| Debt Repayment | $418.00K | $226.00K | $209.00K | $399.00K | $611.00K | $603.00K | - | $922.00K | $78.00K | - | - |
| Stock Issued | - | $1.98M | - | - | - | - | - | $4.76M | - | $852.00K | $3.71M |
| Financing Cash Flow | - | $1.36M | $-209.00K | $-649.00K | $-5.48M | $13.47M | $1.05M | $9.55M | $1.06M | $1.12M | $3.17M |
| Net Change in Cash | $1.45M | $236.00K | $-987.00K | $-479.00K | $-6.00M | $7.99M | $565.00K | $-348.00K | $-104.00K | $87.00K | $324.00K |
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.