$179.14M
Revenue
$-5.38M
Net Income
56.80%
Gross Margin
-1.62%
Op. Margin
$39.31M
Free Cash Flow
| Breakdown | TTM (Sep 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Oct 31, 2023) |
FY 2022 (Oct 31, 2022) |
FY 2020 (Jan 31, 2021) |
FY 2019 (Jul 31, 2019) |
|---|---|---|---|---|---|---|
| Total Revenue | $179.14M | $151.12M | $44.17M | $36.03M | $2.97M | $452.77K |
| Revenue Growth % | 18.5% | 242.1% | 22.6% | 1111.6% | 556.9% | nan% |
| Cost of Revenue | $77.39M | $62.54M | $34.31M | $26.87M | $2.00M | $-22.00K |
| Gross Profit | $101.75M | $88.57M | $9.87M | $9.16M | $3.22M | $2.86M |
| Gross Margin % | 56.8% | 58.6% | 22.3% | 25.4% | 108.4% | 631.7% |
| Operating Expenses | - | - | $10.40M | $8.97M | $2.82M | $1.05M |
| Research & Development | - | - | - | $23.09K | $47.56K | - |
| Selling General & Admin | $104.65M | $85.83M | - | - | - | - |
| Operating Income | $-2.90M | $2.74M | $-526.25K | $192.49K | $399.32K | $1.81M |
| Operating Margin % | -1.6% | 1.8% | -1.2% | 0.5% | 13.4% | 400.3% |
| Interest Expense | $6.16M | $3.52M | $12.40K | - | $11.85K | $-45.35K |
| Other Income/Expense | $-2.45M | $-1.54M | $36.80K | $270.58K | $-1.25K | $-42.42K |
| Income Before Tax | $-5.35M | $1.21M | $-489.44K | $463.08K | $398.08K | - |
| Income Tax Expense | $303.54K | $2.62M | $683.31K | $419.05K | - | - |
| Net Income | $-5.38M | $-1.48M | $-1.17M | $-250.04K | $398.08K | $1.77M |
| Net Margin % | -3.0% | -1.0% | -2.7% | -0.7% | 13.4% | 390.9% |
| Basic EPS | -0.05 | -0.01 | -0.03 | -0.01 | 0.02 | 0.00 |
| Diluted EPS | -0.05 | -0.01 | -0.03 | -0.01 | 0.01 | 0.00 |
| Basic Shares Outstanding | 139.8M | 113.5M | 35.4M | 28.0M | 20.0M | 2.81B |
| Diluted Shares Outstanding | 142.8M | 113.5M | 35.4M | 28.0M | 31.6M | 4.14B |
| Breakdown | FY 2024 (Dec 31, 2024) |
FY 2023 (Oct 31, 2023) |
FY 2022 (Oct 31, 2022) |
FY 2020 (Jan 31, 2021) |
FY 2019 (Jul 31, 2019) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | - | - | $14.95M | $11.71M | $1.73M |
| Accounts Receivable | $6.06M | $3.55M | $2.64M | $1.04M | $264.56K |
| Inventory | $3.94M | $1.71M | $1.15M | - | - |
| Other Current Assets | $2.58M | - | - | - | - |
| Total Current Assets | $45.07M | $22.85M | $19.29M | $13.81M | $3.01M |
| Property Plant & Equipment | $27.43M | $46.45K | $72.41K | - | - |
| Goodwill | - | $10.38M | $10.45M | - | - |
| Intangible Assets | - | $2.25M | $2.61M | - | - |
| Other Non-current Assets | $9.36K | - | - | - | - |
| Total Assets | $213.72M | $35.58M | $32.57M | $13.81M | $3.01M |
| Deferred Revenue | $1.10M | - | - | - | - |
| Other Current Liabilities | $1.09M | - | - | - | - |
| Total Current Liabilities | $63.55M | $4.48M | $2.72M | $552.61K | $1.83M |
| Long-term Debt | $14.36M | - | - | - | - |
| Other Non-current Liabilities | $6.66M | - | - | - | - |
| Total Liabilities | $104.77M | $4.48M | $2.77M | $552.61K | $1.97M |
| Common Stock | $1.29K | $362.00 | $282.00 | $227.00 | $28.45K |
| Retained Earnings | $57.05M | $-25.85M | $-24.67M | $-25.07M | $-26.44M |
| Total Stockholders Equity | $105.07M | $31.10M | $29.80M | $13.26M | $1.03M |
| Total Liabilities & Equity | $213.72M | $35.58M | $32.57M | $13.81M | $3.01M |
| Breakdown | TTM (Sep 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Oct 31, 2023) |
FY 2022 (Oct 31, 2022) |
FY 2020 (Jan 31, 2021) |
FY 2019 (Jul 31, 2019) |
|---|---|---|---|---|---|---|
| Net Income | $-5.38M | $-1.48M | $-1.17M | $-250.04K | $398.08K | $1.77M |
| Depreciation & Amortization | - | - | $439.93K | $384.59K | - | - |
| Stock-based Compensation | - | - | $2.18M | $2.66M | $1.63M | $206.84K |
| Change in Receivables | - | - | $3.12M | $-916.39K | $-249.07K | $-423.11K |
| Change in Inventory | - | - | $514.86K | $-417.89K | - | - |
| Operating Cash Flow | $51.61M | $23.92M | $2.21M | $2.77M | $1.88M | $1.45M |
| Capital Expenditure | $12.29M | $7.16M | $12.46K | $36.76K | - | - |
| Acquisitions | - | - | - | $4.02M | - | - |
| Investing Cash Flow | $-48.08M | $-37.43M | $-95.96K | $-4.41M | $192.00 | - |
| Debt Repayment | $39.98M | $3.68M | - | - | - | - |
| Stock Issued | - | - | - | - | $8.47M | - |
| Stock Repurchased | - | $123.10K | $32.32K | - | - | - |
| Dividends Paid | - | $769.53K | - | - | - | - |
| Financing Cash Flow | $-41.43M | $27.71M | $-32.32K | $32.00K | $7.97M | $-167.42K |
| Net Change in Cash | $-24.82M | $9.72M | $2.15M | $-1.85M | $9.85M | $1.28M |
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 | $47.32M | $40.99M | $133.28M | $105.26M |
| Cost of Revenue | $20.93M | $18.59M | $58.33M | $43.48M |
| Gross Profit | $26.39M | $22.40M | $74.96M | $61.78M |
| Selling General & Admin | $26.77M | $23.38M | $77.76M | $58.94M |
| Operating Income | $-387.62K | $-976.38K | $-2.80M | $2.84M |
| Interest Expense | $510.64K | $790.19K | $3.46M | $827.05K |
| Other Income/Expense | $1.00M | $-455.12K | $-421.86K | $496.96K |
| Income Before Tax | $615.44K | $-1.43M | $-3.22M | $3.34M |
| Income Tax Expense | $201.64K | $1.86M | $355.96K | $2.67M |
| Net Income | $566.01K | $-3.41M | $-3.25M | $650.10K |
| Basic EPS | 0.00 | -0.03 | -0.02 | 0.01 |
| Diluted EPS | 0.00 | -0.03 | -0.02 | 0.01 |
| Basic Shares Outstanding | $139.77M | $121.51M | $136.52M | $108.57M |
| Diluted Shares Outstanding | $142.76M | $121.51M | $136.52M | $115.02M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Accounts Receivable | $7.25M | $6.06M |
| Inventory | $5.68M | $3.94M |
| Other Current Assets | $2.12M | $2.58M |
| Total Current Assets | $39.15M | $45.07M |
| Property Plant & Equipment | $28.87M | $27.43M |
| Other Non-current Assets | $9.10K | $9.36K |
| Total Assets | $209.78M | $213.72M |
| Deferred Revenue | $1.07M | $1.10M |
| Other Current Liabilities | $1.16M | $1.09M |
| Total Current Liabilities | $64.41M | $63.55M |
| Long-term Debt | $8.75M | $14.36M |
| Other Non-current Liabilities | $5.78M | $6.66M |
| Total Liabilities | $82.68M | $104.77M |
| Common Stock | $1.41K | $1.29K |
| Retained Earnings | $53.73M | $57.05M |
| Total Stockholders Equity | $123.54M | $105.07M |
| Total Liabilities & Equity | $209.78M | $213.72M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $566.01K | $-3.41M | $-3.25M | $650.10K |
| Change in Receivables | - | - | $1.41M | $2.03M |
| Change in Inventory | - | - | $1.43M | $1.13M |
| Operating Cash Flow | - | - | $17.15M | $7.32M |
| Capital Expenditure | - | - | $4.42M | $3.98M |
| Investing Cash Flow | - | - | $-15.11M | $-21.71M |
| Debt Repayment | - | - | $17.99M | $1.17M |
| Stock Repurchased | - | - | - | $1.67K |
| Financing Cash Flow | - | - | $-17.12M | $32.72M |
| Net Change in Cash | - | - | $-8.08M | $18.00M |
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.