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-
Revenue
$-3.93M
Net Income
-
Gross Margin
-
Op. Margin
$-882.06K
Free Cash Flow
Financial Statements Annual (10-K)
Showing 9 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)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
+ Total Revenue - - - - $4.73M $4.14M - - - -
Revenue Growth % nan% nan% nan% nan% 14.0% nan% nan% nan% nan% nan%
Cost of Revenue - - - - $3.29M $2.83M $3.74M $3.75M - -
+ Gross Profit - - - - $1.44M $1.32M - - - -
Gross Margin % nan% nan% nan% nan% 30.5% 31.8% nan% nan% nan% nan%
Operating Expenses $2.34M $521.11K $1.07M $745.86K $1.18M $1.28M $5.81M $5.32M $8.92M $3.21M
+ Operating Income $-2.34M $-521.11K $-1.07M $-745.86K $263.53K $36.90K $-1.85M $-1.69M $-2.97M $-3.21M
Operating Margin % nan% nan% nan% nan% 5.6% 0.9% nan% nan% nan% nan%
Interest Expense $108.57K $415.84K $277.65K $2.88M $3.45M $4.79M $1.06M $381.93K $312.88K $72.41K
Other Income/Expense $240.51K $-428.68K $12.76M - $-1.21M $21.11K $4.94K $-1.70M $20.33M $-1.37M
Income Before Tax $-3.93M $-949.78K $6.02M $-3.03M $-2.31M $2.34M $-5.63M $-3.38M $17.35M $-4.58M
Income Tax Expense - - - - $529.64K - - - - -
+ Net Income $-3.93M $-949.78K $12.74M $-4.15M $-2.84M $2.34M $-5.63M $-3.38M $17.35M $-4.58M
Net Margin % nan% nan% nan% nan% -60.1% 56.5% nan% nan% nan% nan%
Basic EPS nan nan nan -0.02 -0.02 0.03 -0.11 -0.07 0.35 -0.61
Diluted EPS nan nan nan nan -0.02 0.00 -0.11 -0.07 0.35 -0.61
Basic Shares Outstanding 23.1M - - 215.1M 129.3M 68.4M 53.5M 51.6M 49.1M 44.4M
Diluted Shares Outstanding 23.1M - - 215.1M 129.3M 538.9M 53.5M 51.6M 49.1M 44.4M
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)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
Cash & Cash Equivalents - - - $55.27K $34.36K $50.86K $51.80K $194.65K -
Short-term Investments - - - - $118.17K - - - -
Accounts Receivable - - - $12.03K $11.87K $5.55K $170.00 $4.71K $8.39K
Inventory - - - $455.44K $736.75K $570.61K $1.43M $1.48M $969.99K
Other Current Assets - $10.00K $2.72K $20.27K $22.28K $26.38K $46.44K $24.75K $194.86K
Total Current Assets - $10.00K $302.85K $543.01K $923.42K $653.39K $1.53M $1.71M $194.86K
Property Plant & Equipment - $3.26K $3.98K $431.27K $413.81K $664.04K $882.06K $1.24M $1.76M
Other Non-current Assets $531.00 $531.00 $531.00 $161.58K $163.09K $36.86K $25.59K - -
Total Assets $531.00 $23.39K $1.15M $1.17M $1.50M $1.35M $2.44M $2.98M $194.86K
Accounts Payable - - - - - - - - $309.08K
Accrued Liabilities - - - - - - - - $4.88M
Total Current Liabilities $3.35M $1.58M $29.07M $30.66M $28.99M $19.10M $15.04M $12.67M $17.96M
Total Liabilities $3.35M $2.44M $35.28M $31.45M $30.97M $19.44M $15.39M $12.93M $1.79M
Common Stock $27.00 $26.39K $2.45K $1.62K $787.00 $541.00 $522.00 $512.00 $202.00
Retained Earnings $-29.86M $-28.91M $-41.66M $-37.51M $-34.67M $-22.01M $-16.38M $-13.00M $-10.66M
Total Stockholders Equity $-3.35M $-2.42M $-34.12M $-30.27M $-29.46M $-18.08M $-12.95M $-9.94M $-1.60M
Total Liabilities & Equity $531.00 $23.39K $1.15M $1.17M $1.50M $1.35M $2.44M $2.98M $194.86K
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)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
Net Income $-3.93M $-949.78K $12.74M $-4.15M $-2.84M $2.34M $-5.63M $-3.38M $17.35M $-4.58M
Depreciation & Amortization - $727.00 $725.00 $725.00 $51.24K $49.79K $225.40K $639.10K $799.47K $362.17K
Change in Receivables - - - - $735.00 $-9.22K - - - -
Change in Inventory - - - - $-398.22K $-118.32K $-839.69K $-82.65K $137.50K $-733.90K
Change in Payables - - - - - - - - - $-29.13K
Operating Cash Flow $-882.06K $-127.14K $1.24M $-902.42K $-76.86K $-19.81K $-175.03K $-39.92K $945.59K $-506.39K
Capital Expenditure - - - - $72.89K $11.82K $30.50K $287.50K $311.55K $-53.53K
Purchases of Investments - - - - - $10.61K - - - -
Investing Cash Flow - - $-652.00 $-49.67K $374.25K $820.15K $-30.50K $-287.50K $-893.24K -
Debt Repayment - - - - - - - - - $5.00K
Stock Issued - - - - - - $42.00K $49.00K - -
Financing Cash Flow $2.18M $127.14K $-1.24M $899.54K $-276.20K $-814.40K $199.65K $184.61K $5.41K $500.70K
Net Change in Cash - $-2.00 $2.00 $-52.70K $20.91K $-13.64K $-945.00 $-142.85K $57.01K $-5.70K
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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