$11.66M
Revenue
$-2.88M
Net Income
38.30%
Gross Margin
-25.54%
Op. Margin
$-3.66M
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) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $2.93M | $2.88M | $2.81M | $3.04M | $2.94M | $1.44M | $1.27M | $1.08M | $1.22M | $1.17M | $620.00K | $524.00K | $568.00K |
| Revenue Growth % (YoY) | -0.2% | 100.3% | 121.6% | 181.1% | 140.8% | 23.4% | 104.2% | 106.5% | 115.0% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $1.69M | $1.63M | $1.62M | $2.26M | $1.66M | $1.03M | $989.00K | $924.00K | $877.00K | $992.00K | $677.00K | $488.00K | $420.00K |
| Gross Profit | $1.24M | $1.26M | $1.19M | $779.00K | $1.28M | $410.00K | $277.00K | $158.00K | $344.00K | $175.00K | $-57.00K | $36.00K | $148.00K |
| Gross Margin % | 42.4% | 43.6% | 42.3% | 25.6% | 43.6% | 28.5% | 21.9% | 14.6% | 28.2% | 15.0% | -9.2% | 6.9% | 26.1% |
| Operating Expenses | $1.97M | $1.89M | $1.97M | $1.62M | $2.07M | $1.46M | $1.15M | $1.38M | $956.00K | $937.00K | $826.00K | $817.00K | $1.19M |
| Research & Development | $7.00K | - | $1.00K | - | - | $76.00K | $2.00K | $13.00K | $6.00K | $55.00K | $29.00K | $39.00K | $193.00K |
| Selling General & Admin | $1.96M | $1.89M | $1.96M | $1.62M | $2.07M | $1.39M | $1.15M | $1.36M | $950.00K | $882.00K | $797.00K | $778.00K | $992.00K |
| Operating Income | $-725.00K | $-636.00K | $-777.00K | $-841.00K | $-788.00K | $-1.05M | $-871.00K | $-1.22M | $-612.00K | $-762.00K | $-883.00K | $-781.00K | $-1.04M |
| Operating Margin % | -24.7% | -22.1% | -27.7% | -27.7% | -26.8% | -73.2% | -68.8% | -112.7% | -50.1% | -65.3% | -142.4% | -149.0% | -182.6% |
| Interest Expense | $54.00K | $18.00K | $18.00K | $14.00K | $65.00K | $27.00K | $15.00K | $2.00K | $3.00K | $9.00K | - | $2.00K | - |
| Other Income/Expense | $78.00K | $-4.00K | $99.00K | $17.00K | $34.00K | $75.00K | $-34.00K | $32.00K | $60.00K | $120.00K | $76.00K | $133.00K | $-190.00K |
| Income Before Tax | $-647.00K | $-640.00K | $-678.00K | $-824.00K | $-754.00K | $-979.00K | $-905.00K | $-1.19M | $-552.00K | $-642.00K | $-807.00K | $-648.00K | $-1.23M |
| Net Income | $-653.00K | $-665.00K | $-712.00K | $-850.00K | $-693.00K | $-885.00K | $-853.00K | $-1.10M | $-550.00K | $-695.00K | $-814.00K | $-648.00K | $-1.23M |
| Net Margin % | -22.3% | -23.1% | -25.4% | -28.0% | -23.6% | -61.5% | -67.4% | -101.5% | -45.0% | -59.6% | -131.3% | -123.7% | -216.0% |
| Basic EPS | -0.08 | -0.09 | -0.09 | -0.11 | -0.11 | -0.14 | -0.14 | -0.20 | -0.10 | -0.12 | -0.15 | -0.11 | -0.22 |
| Diluted EPS | -0.08 | -0.09 | -0.09 | -0.11 | -0.11 | -0.14 | -0.14 | -0.20 | -0.10 | -0.12 | -0.15 | -0.11 | -0.22 |
| Basic Shares Outstanding | 8.0M | 7.7M | 7.6M | 237K | 6.6M | 6.3M | 6.0M | 17K | 5.7M | 5.66B | 5.59B | -5.57B | 5.57B |
| Diluted Shares Outstanding | 8.0M | 7.7M | 7.6M | 237K | 6.6M | 6.3M | 6.0M | 17K | 5.7M | 5.66B | 5.59B | -5.57B | 5.57B |
| 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) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $938.00K | $725.00K | $1.19M | $1.81M | $1.06M | $1.07M | $2.42M | $2.70M | $3.27M | $3.69M | $787.00K | $1.10M | $1.43M |
| Short-term Investments | - | - | - | - | - | - | - | - | - | $612.00K | $5.02M | $5.51M | $5.99M |
| Accounts Receivable | $839.00K | $753.00K | $926.00K | $933.00K | $894.00K | $605.00K | $739.00K | $633.00K | $1.16M | $950.00K | $380.00K | $222.00K | $265.00K |
| Inventory | $2.02M | $1.82M | $1.85M | $1.75M | $1.78M | $1.45M | $1.37M | $1.32M | $1.09M | $1.08M | $968.00K | $502.00K | $399.00K |
| Other Current Assets | $886.00K | $863.00K | $776.00K | $623.00K | $879.00K | $468.00K | $336.00K | $400.00K | $367.00K | $366.00K | $129.00K | $172.00K | $239.00K |
| Total Current Assets | $5.60M | $4.16M | $4.74M | $5.11M | $4.61M | $3.59M | $4.86M | $5.05M | $5.88M | $6.70M | $7.28M | $7.50M | $8.31M |
| Property Plant & Equipment | $2.00M | $2.07M | $2.13M | $2.21M | $2.22M | $2.37M | $2.19M | $1.50M | $1.74M | $1.41M | $1.28M | $721.00K | $737.00K |
| Goodwill | $1.13M | $1.13M | $1.13M | $1.13M | $1.12M | $1.13M | $1.13M | $1.13M | $311.00K | $311.00K | $311.00K | $311.00K | $311.00K |
| Intangible Assets | $712.00K | $744.00K | $775.00K | $807.00K | $839.00K | $855.00K | $302.00K | $326.00K | $12.00K | $13.00K | $16.00K | $20.00K | $23.00K |
| Other Non-current Assets | $95.00K | $95.00K | $95.00K | $95.00K | $95.00K | $95.00K | $95.00K | $95.00K | $95.00K | $95.00K | $95.00K | $63.00K | $63.00K |
| Total Assets | $11.62M | $9.71M | $10.44M | $10.98M | $10.57M | $9.78M | $10.38M | $9.96M | $9.95M | $10.50M | $11.01M | $10.36M | $11.23M |
| Accounts Payable | - | - | - | - | $1.50M | $1.25M | $1.05M | $1.23M | $1.07M | $1.06M | $987.00K | $265.00K | $358.00K |
| Total Current Liabilities | $3.31M | $2.40M | $2.52M | $2.47M | $3.05M | $2.63M | $2.48M | $2.55M | $1.64M | $1.67M | $1.52M | $859.00K | $1.11M |
| Total Liabilities | $6.04M | $4.66M | $4.87M | $4.90M | $5.59M | $5.25M | $5.18M | $4.79M | $3.69M | $3.76M | $3.65M | $2.72M | $3.02M |
| Common Stock | $8.00K | $8.00K | $8.00K | $8.00K | $7.00K | $6.00K | $6.00K | $6.00K | $6.00K | $6.00K | $6.00K | $6.00K | $6.00K |
| Retained Earnings | $-20.03M | $-19.37M | $-18.71M | $-18.00M | $-17.15M | $-16.45M | $-15.57M | $-14.71M | $-13.62M | $-13.07M | $-12.37M | $-11.56M | $-10.91M |
| Total Stockholders Equity | $5.19M | $4.67M | $5.21M | $5.75M | $4.69M | $4.17M | $4.79M | $4.70M | $5.70M | $6.18M | $6.85M | $7.64M | $8.22M |
| Total Liabilities & Equity | $11.62M | $9.71M | $10.44M | $10.98M | $10.57M | $9.78M | $10.38M | $9.96M | $9.95M | $10.50M | $11.01M | $10.36M | $11.23M |
| 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) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-653.00K | $-665.00K | $-712.00K | $-850.00K | $-693.00K | $-885.00K | $-853.00K | $-1.10M | $-550.00K | $-695.00K | $-814.00K | $-648.00K | $-4.10M |
| Depreciation & Amortization | $338.00K | $225.00K | $114.00K | $108.00K | $328.00K | $144.00K | $62.00K | $123.00K | $103.00K | $68.00K | $31.00K | $28.00K | $84.00K |
| Stock-based Compensation | $498.00K | $293.00K | $166.00K | $96.00K | $271.00K | $118.00K | $54.00K | $97.00K | $120.00K | $53.00K | $24.00K | $67.00K | $231.00K |
| Change in Receivables | $-94.00K | $-180.00K | $-7.00K | $39.00K | $261.00K | $-28.00K | $106.00K | $-525.00K | $936.00K | $728.00K | $158.00K | $-43.00K | $56.00K |
| Change in Inventory | $268.00K | $70.00K | $95.00K | $-27.00K | $459.00K | $127.00K | $50.00K | $172.00K | $588.00K | $577.00K | $466.00K | $103.00K | $108.00K |
| Change in Payables | $34.00K | $65.00K | $219.00K | $-90.00K | $272.00K | $12.00K | $-180.00K | $160.00K | $808.00K | $793.00K | $722.00K | $-93.00K | $104.00K |
| Operating Cash Flow | $-1.59M | $-807.00K | $-400.00K | $-859.00K | $-3.01M | $-1.79M | $-1.09M | $-587.00K | $-2.65M | $-1.93M | $-709.00K | $-649.00K | $-2.34M |
| Capital Expenditure | $28.00K | $20.00K | - | $69.00K | $374.00K | $361.00K | $152.00K | $85.00K | $611.00K | $253.00K | $88.00K | $8.00K | $88.00K |
| Acquisitions | - | - | - | - | $400.00K | $400.00K | - | - | - | - | - | - | - |
| Purchases of Investments | - | - | - | - | - | - | - | - | - | - | - | $19.00K | $6.98M |
| Investing Cash Flow | $-28.00K | $-20.00K | - | $-63.00K | $-712.00K | $-704.00K | $-118.00K | $-273.00K | $4.73M | $4.52M | $397.00K | $473.00K | $-6.07M |
| Financing Cash Flow | $1.67M | $-255.00K | $-215.00K | $1.67M | $2.08M | $865.00K | $929.00K | $294.00K | $85.00K | $-3.00K | $-2.00K | $-150.00K | $-3.51M |
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 | $2.93M | - | $8.62M | - |
| Cost of Revenue | $1.69M | - | $4.93M | - |
| Gross Profit | $1.24M | - | $3.69M | - |
| Operating Expenses | $1.97M | - | $5.83M | - |
| Research & Development | $7.00K | - | $8.00K | - |
| Selling General & Admin | $1.96M | - | $5.82M | - |
| Operating Income | $-725.00K | - | $-2.14M | - |
| Interest Expense | - | - | $54.00K | - |
| Other Income/Expense | $78.00K | - | $173.00K | - |
| Income Before Tax | $-647.00K | - | $-1.97M | - |
| Income Tax Expense | - | - | - | - |
| Net Income | $-653.00K | $-979.00K | $-2.03M | - |
| Basic EPS | -0.08 | - | -0.26 | - |
| Diluted EPS | -0.08 | - | -0.26 | - |
| Basic Shares Outstanding | $7.97M | - | $7.76M | - |
| Diluted Shares Outstanding | $7.97M | - | $7.76M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $938.00K | $1.81M |
| Accounts Receivable | $839.00K | $933.00K |
| Inventory | $2.02M | $1.75M |
| Other Current Assets | $886.00K | $623.00K |
| Total Current Assets | $5.60M | $5.11M |
| Property Plant & Equipment | $2.00M | $2.21M |
| Goodwill | $1.13M | $1.13M |
| Intangible Assets | $712.00K | $807.00K |
| Other Non-current Assets | $95.00K | $95.00K |
| Total Assets | $11.62M | $10.98M |
| Total Current Liabilities | $3.31M | $2.47M |
| Total Liabilities | $6.04M | $4.90M |
| Common Stock | $8.00K | $8.00K |
| Retained Earnings | $-20.03M | $-18.00M |
| Total Stockholders Equity | $5.19M | $5.75M |
| Total Liabilities & Equity | $11.62M | $10.98M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-653.00K | $-979.00K | $-2.03M | - |
| Depreciation & Amortization | - | - | $338.00K | - |
| Stock-based Compensation | - | - | $498.00K | - |
| Change in Receivables | - | - | $-94.00K | - |
| Change in Inventory | - | - | $268.00K | - |
| Change in Payables | - | - | $34.00K | - |
| Operating Cash Flow | - | - | $-1.59M | - |
| Capital Expenditure | - | - | $28.00K | - |
| Investing Cash Flow | - | - | $-28.00K | - |
| Financing Cash Flow | - | - | $1.67M | - |
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.