$6.40M
Revenue
$-3.40M
Net Income
22.80%
Gross Margin
-52.78%
Op. Margin
$-4.58M
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 | $1.65M | $1.53M | $1.47M | $1.74M | $2.40M | $1.53M |
| Revenue Growth % (YoY) | -31.1% | -0.4% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $1.13M | $1.08M | $1.19M | $1.53M | $1.99M | $1.03M |
| Gross Profit | $517.28K | $444.77K | $288.21K | $208.09K | $410.48K | $501.18K |
| Gross Margin % | 31.3% | 29.1% | 19.5% | 11.9% | 17.1% | 32.7% |
| Operating Expenses | $731.58K | $977.13K | $1.12M | $2.00M | $1.01M | $1.02M |
| Research & Development | $25.75K | $51.50K | $33.00K | $24.00K | - | - |
| Selling General & Admin | $705.83K | $925.63K | $1.09M | $1.64M | $1.01M | $1.02M |
| Operating Income | $-214.30K | $-532.36K | $-835.56K | $-1.79M | $-601.84K | $-514.19K |
| Operating Margin % | -13.0% | -34.8% | -56.7% | -103.0% | -25.1% | -33.5% |
| Interest Expense | $14.73K | $6.06K | $6.06K | $-39.00 | $15.36K | $9.51K |
| Interest Income | $5.26K | $10.28K | $15.26K | $20.81K | $24.90K | $15.42K |
| Other Income/Expense | $-22.00 | $-275.00 | $32.42K | $166.00 | $8.37K | $471.00 |
| Income Before Tax | $-220.64K | $-534.47K | $-793.67K | $-1.78M | $-574.47K | $-503.52K |
| Income Tax Expense | $665.00 | $29.78K | - | $-79.00 | $-132.00 | $1.25K |
| Net Income | $-221.30K | $-564.25K | $-793.67K | $-1.82M | $-555.01K | $-494.28K |
| Net Margin % | -13.4% | -36.9% | -53.8% | -104.7% | -23.1% | -32.2% |
| Basic EPS | -0.07 | -0.20 | -0.28 | -0.76 | -0.26 | -0.03 |
| Diluted EPS | -0.07 | -0.20 | -0.28 | -0.76 | -0.26 | -0.03 |
| Basic Shares Outstanding | 3.0M | 2.8M | 2.8M | 148K | 2.1M | 16.2M |
| Diluted Shares Outstanding | 3.0M | 2.8M | 2.8M | 148K | 2.1M | 16.2M |
| 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 | $3.30M | $1.59M | $2.49M | $2.63M | $3.60M | $2.86M |
| Accounts Receivable | $1.32M | $1.37M | $819.75K | $1.28M | $2.16M | $1.06M |
| Inventory | $247.52K | $274.93K | $217.63K | $148.12K | $1.30M | $770.01K |
| Other Current Assets | $340.59K | $328.68K | $296.80K | $435.05K | $548.31K | $517.15K |
| Total Current Assets | $5.48M | $4.08M | $4.21M | $5.03M | $7.63M | $5.33M |
| Property Plant & Equipment | $53.20K | $60.72K | $64.60K | $68.68K | $76.99K | $1.18M |
| Intangible Assets | - | - | - | - | $1.13M | - |
| Other Non-current Assets | $84.70K | $78.19K | $71.72K | $84.42K | $219.28K | $248.19K |
| Total Assets | $5.78M | $4.39M | $4.53M | $5.18M | $9.06M | $6.76M |
| Short-term Debt | $164.13K | $529.52K | $464.93K | $427.02K | $283.47K | $276.89K |
| Total Current Liabilities | $1.58M | $2.40M | $2.34M | $2.30M | $3.11M | $2.08M |
| Long-term Debt | $306.38K | $365.35K | $340.83K | $376.19K | $419.96K | $440.97K |
| Total Liabilities | $2.01M | $2.91M | $2.83M | - | $3.53M | $2.52M |
| Common Stock | $45.00 | $29.00 | $28.00 | $28.00 | $24.00 | $163.00 |
| Retained Earnings | $-54.76M | $-54.53M | $-53.97M | $-53.18M | $-50.10M | $-49.54M |
| Total Stockholders Equity | $3.77M | $1.48M | $1.70M | $2.51M | $5.53M | $4.24M |
| Total Liabilities & Equity | $5.78M | $4.39M | $4.53M | $5.18M | $9.06M | $6.76M |
| 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 | $-221.30K | $-564.25K | $-793.67K | $-1.82M | $-2.16M | $-1.60M |
| Depreciation & Amortization | $16.06K | $13.34K | $7.29K | $8.00K | - | $15.81K |
| Stock-based Compensation | - | - | - | $97.00K | $25.60K | $25.60K |
| Change in Receivables | $46.45K | $88.82K | $-457.88K | $-875.65K | $1.87M | $807.85K |
| Change in Inventory | $99.40K | $126.81K | $69.51K | $-1.15M | $971.62K | $466.94K |
| Operating Cash Flow | $-1.78M | $-1.46M | $-125.97K | $-1.22M | $-3.20M | $-2.00M |
| Capital Expenditure | - | - | - | $-7.00 | $2.62K | $302.73K |
| Investing Cash Flow | - | $-1.20K | $109.00 | $339.36K | $-341.96K | $-302.73K |
| Stock Issued | $2.71M | $223.59K | - | $-146.80K | $1.83M | $-3.69K |
| Financing Cash Flow | $2.38M | $318.83K | $839.00 | $-58.66K | $2.32M | $518.08K |
| Net Change in Cash | $672.98K | $-1.03M | $-139.21K | $-956.55K | $-1.25M | $-1.90M |
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 | $1.65M | - | $4.65M | - |
| Cost of Revenue | $1.13M | - | $3.40M | - |
| Gross Profit | $517.28K | - | $1.25M | - |
| Operating Expenses | $731.58K | - | $2.83M | - |
| Research & Development | $25.75K | - | $110.25K | - |
| Selling General & Admin | $705.83K | - | $2.72M | - |
| Operating Income | $-214.30K | - | $-1.58M | - |
| Interest Expense | $11.57K | - | $14.73K | - |
| Interest Income | $5.26K | - | $30.80K | - |
| Other Income/Expense | $-22.00 | - | $32.12K | - |
| Income Before Tax | $-220.64K | - | $-1.55M | - |
| Income Tax Expense | $665.00 | - | $30.44K | - |
| Net Income | $-221.30K | $-598.98K | $-1.58M | - |
| Basic EPS | -0.07 | - | -0.54 | - |
| Diluted EPS | -0.07 | - | -0.54 | - |
| Basic Shares Outstanding | $3.05M | - | $2.90M | - |
| Diluted Shares Outstanding | $3.05M | - | $2.90M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $3.30M | $2.63M |
| Accounts Receivable | $1.32M | $1.28M |
| Inventory | $247.52K | $148.12K |
| Other Current Assets | $340.59K | $435.05K |
| Total Current Assets | $5.48M | $5.03M |
| Property Plant & Equipment | $53.20K | $68.68K |
| Other Non-current Assets | $84.70K | $84.42K |
| Total Assets | $5.78M | $5.18M |
| Short-term Debt | $164.13K | $427.02K |
| Total Current Liabilities | $1.58M | $2.30M |
| Long-term Debt | $306.38K | $376.19K |
| Total Liabilities | $2.01M | $2.67M |
| Common Stock | $45.00 | $28.00 |
| Retained Earnings | $-54.76M | $-53.18M |
| Total Stockholders Equity | $3.77M | $2.51M |
| Total Liabilities & Equity | $5.78M | $5.18M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-221.30K | $-598.98K | $-1.58M | - |
| Depreciation & Amortization | - | - | $16.06K | - |
| Change in Receivables | - | - | $46.45K | - |
| Change in Inventory | - | - | $99.40K | - |
| Operating Cash Flow | - | - | $-1.78M | - |
| Investing Cash Flow | - | - | - | - |
| Stock Issued | - | - | $2.71M | - |
| Financing Cash Flow | - | - | $2.38M | - |
| Net Change in Cash | - | - | $672.98K | - |
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.