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-
Revenue
$-3.93M
Net Income
-
Gross Margin
-
Op. Margin
$-882.06K
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 13 annual reports available (2012 - 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 - - - - $4.73M $4.14M
Revenue Growth % nan% nan% nan% nan% 14.0% nan%
Cost of Revenue - - - - $3.29M $2.83M
+ Gross Profit - - - - $1.44M $1.32M
Gross Margin % nan% nan% nan% nan% 30.5% 31.8%
Operating Expenses $2.34M $521.11K $1.07M $745.86K $1.18M $1.28M
+ Operating Income $-2.34M $-521.11K $-1.07M $-745.86K $263.53K $36.90K
Operating Margin % nan% nan% nan% nan% 5.6% 0.9%
Interest Expense $108.57K $415.84K $277.65K $2.88M $3.45M $4.79M
Other Income/Expense $240.51K $-428.68K $12.76M - $-1.21M $21.11K
Income Before Tax $-3.93M $-949.78K $6.02M $-3.03M $-2.31M $2.34M
Income Tax Expense - - - - $529.64K -
+ Net Income $-3.93M $-949.78K $12.74M $-4.15M $-2.84M $2.34M
Net Margin % nan% nan% nan% nan% -60.1% 56.5%
Basic EPS nan nan nan -0.02 -0.02 0.03
Diluted EPS nan nan nan nan -0.02 0.00
Basic Shares Outstanding 23.1M - - 215.1M 129.3M 68.4M
Diluted Shares Outstanding 23.1M - - 215.1M 129.3M 538.9M
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 - - - $55.27K $34.36K
Short-term Investments - - - - $118.17K
Accounts Receivable - - - $12.03K $11.87K
Inventory - - - $455.44K $736.75K
Other Current Assets - $10.00K $2.72K $20.27K $22.28K
Total Current Assets - $10.00K $302.85K $543.01K $923.42K
Property Plant & Equipment - $3.26K $3.98K $431.27K $413.81K
Other Non-current Assets $531.00 $531.00 $531.00 $161.58K $163.09K
Total Assets $531.00 $23.39K $1.15M $1.17M $1.50M
Total Current Liabilities $3.35M $1.58M $29.07M $30.66M $28.99M
Total Liabilities $3.35M $2.44M $35.28M $31.45M $30.97M
Common Stock $27.00 $26.39K $2.45K $1.62K $787.00
Retained Earnings $-29.86M $-28.91M $-41.66M $-37.51M $-34.67M
Total Stockholders Equity $-3.35M $-2.42M $-34.12M $-30.27M $-29.46M
Total Liabilities & Equity $531.00 $23.39K $1.15M $1.17M $1.50M
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 $-3.93M $-949.78K $12.74M $-4.15M $-2.84M $2.34M
Depreciation & Amortization - $727.00 $725.00 $725.00 $51.24K $49.79K
Change in Receivables - - - - $735.00 $-9.22K
Change in Inventory - - - - $-398.22K $-118.32K
Operating Cash Flow $-882.06K $-127.14K $1.24M $-902.42K $-76.86K $-19.81K
Capital Expenditure - - - - $72.89K $11.82K
Purchases of Investments - - - - - $10.61K
Investing Cash Flow - - $-652.00 $-49.67K $374.25K $820.15K
Financing Cash Flow $2.18M $127.14K $-1.24M $899.54K $-276.20K $-814.40K
Net Change in Cash - $-2.00 $2.00 $-52.70K $20.91K $-13.64K
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
Operating Expenses $504.15K - $2.19M -
Operating Income $-504.15K - $-2.19M -
Interest Expense $31.66K - $64.66K -
Interest Income $4.55K - $4.55K -
Other Income/Expense $-2.13M - $96.00 -
Income Before Tax $-2.63M - $-4.01M -
Net Income $-2.63M $-502.53K $-4.01M -
Basic EPS -0.48 - -1.29 -
Diluted EPS -0.48 - -1.29 -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $1.30M -
Accounts Receivable $2.22M $2.22M
Other Current Assets $73.75K -
Total Current Assets $1.38M -
Other Non-current Assets $40.53K $531.00
Total Assets $2.99M $531.00
Accounts Payable $351.83K $518.93K
Accrued Liabilities $138.80K -
Total Current Liabilities $3.30M $3.35M
Total Liabilities $3.53M $3.35M
Common Stock $250.00 $27.00
Retained Earnings $-33.88M $-29.86M
Total Stockholders Equity $-541.62K $-3.35M
Total Liabilities & Equity $2.99M $531.00
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $-2.63M $-502.53K $-4.01M -
Operating Cash Flow - - $-680.92K -
Financing Cash Flow - - $1.98M -
Net Change in Cash - - $1.30M -

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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