$15.51M
Revenue
$-1.97M
Net Income
66.39%
Gross Margin
-13.46%
Op. Margin
$-1.37M
Free Cash Flow
| Breakdown | Q1 2026 (Dec 31, 2025) |
Q4 2025 (Sep 30, 2025) |
Q3 2025 (Jun 30, 2025) |
Q2 2025 (Mar 31, 2025) |
Q1 2025 (Dec 31, 2024) |
Q4 2024 (Sep 30, 2024) |
Q3 2024 (Jun 30, 2024) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $3.91M | $3.87M | $3.85M | $3.88M | $3.79M | $3.86M | $3.94M |
| Revenue Growth % (YoY) | 3.2% | 0.2% | -2.3% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $1.32M | $1.33M | $1.30M | $1.26M | $1.26M | $1.21M | $1.23M |
| Gross Profit | $2.59M | $2.54M | $2.55M | $2.62M | $2.54M | $2.65M | $2.71M |
| Gross Margin % | 66.1% | 65.7% | 66.3% | 67.5% | 66.9% | 68.7% | 68.8% |
| Operating Expenses | $2.76M | $3.02M | $3.24M | $3.36M | $3.05M | $3.13M | $3.09M |
| Research & Development | $792.00K | $880.00K | $961.00K | $1.11M | $1.07M | $1.02M | $1.01M |
| Operating Income | $-171.00K | $-482.00K | $-689.00K | $-745.00K | $-511.00K | $-482.00K | $-383.00K |
| Operating Margin % | -4.4% | -12.5% | -17.9% | -19.2% | -13.5% | -12.5% | -9.7% |
| Interest Expense | $4.00K | $10.00K | $7.00K | $3.00K | $4.00K | $4.00K | $25.00K |
| Income Before Tax | $-81.00K | $-419.00K | $-784.00K | $-725.00K | $-629.00K | $-490.00K | $-300.00K |
| Income Tax Expense | $5.00K | $-54.00K | $5.00K | $5.00K | $5.00K | $-58.00K | $5.00K |
| Net Income | $-86.00K | $-365.00K | $-789.00K | $-730.00K | $-634.00K | $-432.00K | $-305.00K |
| Net Margin % | -2.2% | -9.4% | -20.5% | -18.8% | -16.7% | -11.2% | -7.7% |
| Basic EPS | -0.01 | -0.02 | -0.07 | -0.10 | -0.06 | -0.04 | -0.03 |
| Diluted EPS | -0.01 | -0.02 | -0.07 | -0.10 | -0.06 | -0.04 | -0.03 |
| Basic Shares Outstanding | 12.0M | 271K | 11.9M | 10.5M | 10.4M | - | 10.4M |
| Diluted Shares Outstanding | 12.0M | 271K | 11.9M | 10.5M | 10.4M | -13K | 10.4M |
| Breakdown | Q1 2026 (Dec 31, 2025) |
Q4 2025 (Sep 30, 2025) |
Q3 2025 (Jun 30, 2025) |
Q2 2025 (Mar 31, 2025) |
Q1 2025 (Dec 31, 2024) |
Q4 2024 (Sep 30, 2024) |
Q3 2024 (Jun 30, 2024) |
|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $1.48M | $1.63M | $2.10M | $2.75M | $1.48M | $1.39M | $1.20M |
| Accounts Receivable | $1.59M | $1.54M | $1.40M | $1.40M | $1.17M | $1.29M | $1.53M |
| Total Current Assets | $3.69M | $3.48M | $4.08M | $4.73M | $3.13M | $2.95M | $3.06M |
| Property Plant & Equipment | $46.00K | $46.00K | $46.00K | $53.00K | $65.00K | $74.00K | $87.00K |
| Goodwill | $8.47M | $8.47M | $8.47M | $8.47M | $8.47M | $8.47M | $8.47M |
| Intangible Assets | $2.99M | $3.18M | $3.36M | $3.54M | $3.72M | $3.91M | $4.09M |
| Other Non-current Assets | $52.00K | $24.00K | $24.00K | $25.00K | $39.00K | $42.00K | $48.00K |
| Total Assets | $15.74M | $15.33M | $16.15M | $17.02M | $15.54M | $15.60M | $15.96M |
| Accounts Payable | $1.50M | $1.68M | $1.68M | $1.81M | $1.77M | $1.11M | $1.13M |
| Accrued Liabilities | $1.20M | $819.00K | $1.19M | $1.22M | $1.16M | $988.00K | $931.00K |
| Deferred Revenue | $2.32M | $2.26M | $2.18M | $2.14M | $1.82M | $2.19M | $2.17M |
| Total Current Liabilities | $5.23M | $4.98M | $5.29M | $5.47M | $5.08M | $4.73M | $4.60M |
| Long-term Debt | $200.00K | - | - | - | - | - | - |
| Other Non-current Liabilities | $431.00K | $431.00K | $481.00K | $471.00K | $493.00K | $520.00K | $575.00K |
| Total Liabilities | $6.18M | $5.76M | $6.20M | $6.43M | $6.00M | $5.60M | $5.63M |
| Common Stock | $12.00K | $12.00K | $12.00K | $12.00K | $10.00K | $10.00K | $10.00K |
| Retained Earnings | $-94.14M | $-94.06M | $-93.69M | $-92.90M | $-92.17M | $-91.54M | $-91.11M |
| Total Stockholders Equity | $9.55M | $9.57M | $9.95M | $10.59M | $9.55M | $10.01M | $10.34M |
| Total Liabilities & Equity | $15.74M | $15.33M | $16.15M | $17.02M | $15.54M | $15.60M | $15.96M |
| Breakdown | Q1 2026 (Dec 31, 2025) |
Q4 2025 (Sep 30, 2025) |
Q3 2025 (Jun 30, 2025) |
Q2 2025 (Mar 31, 2025) |
Q1 2025 (Dec 31, 2024) |
Q4 2024 (Sep 30, 2024) |
Q3 2024 (Jun 30, 2024) |
|---|---|---|---|---|---|---|---|
| Net Income | $-86.00K | $-365.00K | $-789.00K | $-730.00K | $-634.00K | $-432.00K | $-1.53M |
| Depreciation & Amortization | $190.00K | $194.00K | $195.00K | $195.00K | $195.00K | $201.00K | $885.00K |
| Stock-based Compensation | $78.00K | $94.00K | $488.00K | $214.00K | $107.00K | $137.00K | $421.00K |
| Operating Cash Flow | $-39.00K | $-345.00K | $-759.00K | $-194.00K | $178.00K | $217.00K | $-982.00K |
| Capital Expenditure | $7.00K | $6.00K | $12.00K | $7.00K | $5.00K | $5.00K | $24.00K |
| Investing Cash Flow | $-17.00K | - | - | - | - | - | - |
| Debt Repayment | $91.00K | $29.00K | $197.00K | $101.00K | $83.00K | $20.00K | $189.00K |
| Stock Issued | - | - | $1.98M | $1.98M | - | - | - |
| Financing Cash Flow | - | $-115.00K | $1.48M | $1.57M | - | $-20.00K | $-189.00K |
| Net Change in Cash | $-145.00K | $-477.00K | $713.00K | $1.36M | $93.00K | $190.00K | $-1.18M |
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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.