$49.25M
Revenue
$-4.52M
Net Income
12.45%
Gross Margin
-12.64%
Op. Margin
$-6.57M
Free Cash Flow
| Breakdown | TTM (Sep 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $49.25M | $26.44M | $24.35M | - | - | $7.31M | $5.81M |
| Revenue Growth % | 86.3% | 8.6% | nan% | nan% | nan% | 25.9% | nan% |
| Cost of Revenue | $43.12M | $23.44M | $22.31M | - | - | $4.06M | $2.83M |
| Gross Profit | $6.13M | $3.00M | $2.04M | - | - | $3.25M | $2.98M |
| Gross Margin % | 12.5% | 11.3% | 8.4% | nan% | nan% | 44.4% | 51.3% |
| Operating Expenses | $12.36M | $6.40M | $4.47M | $21.32K | $745.64K | $8.05M | $3.97M |
| Research & Development | - | - | - | - | - | - | $64.39K |
| Selling General & Admin | - | - | - | $4.73K | $8.10K | $7.02M | $3.85M |
| Operating Income | $-6.22M | $-3.40M | $-2.43M | - | $-745.64K | $-4.80M | $-992.13K |
| Operating Margin % | -12.6% | -12.9% | -10.0% | nan% | nan% | -65.6% | -17.1% |
| Interest Expense | - | $1.50M | $22.76K | - | - | $927.05K | $465.35K |
| Other Income/Expense | $1.71M | $1.07M | $2.58M | - | - | $-674.99K | $-465.34K |
| Income Before Tax | - | - | - | - | $-745.64K | - | $-1.46M |
| Income Tax Expense | - | $3.56K | $22.76K | - | - | - | - |
| Net Income | $-4.52M | $-2.34M | $122.64K | $-21.32K | $-745.64K | $-5.47M | $-1.46M |
| Net Margin % | -9.2% | -8.8% | 0.5% | nan% | nan% | -74.9% | -25.1% |
| Basic EPS | nan | -0.02 | 0.00 | nan | nan | nan | nan |
| Diluted EPS | nan | -0.02 | 0.00 | nan | nan | nan | nan |
| Basic Shares Outstanding | 89.3M | 94.9M | 94.9M | - | - | - | - |
| Diluted Shares Outstanding | 89.3M | 94.9M | 94.9M | - | - | - | - |
| Breakdown | FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $424.59K | $2.17M | - | - | $3.05M | $893.46K |
| Accounts Receivable | $2.34M | $1.58M | - | - | $901.92K | $1.25M |
| Other Current Assets | - | - | - | - | $1.68K | $688.00 |
| Total Current Assets | $3.29M | $4.15M | - | - | $5.03M | $2.14M |
| Property Plant & Equipment | $1.18M | $574.11K | - | - | $381.85K | $365.02K |
| Goodwill | $1.80M | $1.80M | - | - | - | - |
| Other Non-current Assets | - | - | - | - | $12.66K | $8.87K |
| Total Assets | $9.82M | $6.07M | - | - | $5.43M | $2.78M |
| Accounts Payable | $1.60M | $449.92K | - | - | $154.32K | $207.74K |
| Accrued Liabilities | - | - | - | - | $414.68K | $412.19K |
| Deferred Revenue | $657.33K | $722.33K | - | - | - | - |
| Other Current Liabilities | - | - | - | - | $43.38K | - |
| Total Current Liabilities | $7.60M | $4.47M | $10.60K | $25.64K | $7.33M | $1.99M |
| Long-term Debt | - | - | - | - | $272.35K | $181.46K |
| Total Liabilities | $12.94M | $7.56M | - | $25.64K | $7.66M | $2.59M |
| Common Stock | $159.85K | $159.85K | $68.35K | $68.35K | $54.75K | $39.05K |
| Retained Earnings | $-3.28M | $-1.65M | $-10.06M | $-10.04M | - | - |
| Total Stockholders Equity | $-3.12M | $-1.49M | $-10.60K | $-25.64K | $-4.15M | $187.80K |
| Total Liabilities & Equity | $9.82M | $6.07M | - | - | $5.43M | $2.78M |
| Breakdown | TTM (Sep 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
|---|---|---|---|---|---|---|---|
| Net Income | $-4.52M | $-2.34M | $122.64K | $-21.32K | $-745.64K | $-5.47M | $-1.46M |
| Depreciation & Amortization | $588.80K | $238.07K | $110.58K | - | - | $83.90K | $50.77K |
| Stock-based Compensation | - | - | - | - | $720.00K | $639.33K | - |
| Change in Receivables | $673.33K | $752.33K | $-447.05K | - | - | $17.66K | $1.10M |
| Change in Payables | $736.97K | $1.15M | $-374.21K | - | - | $-53.42K | $53.78K |
| Operating Cash Flow | $-6.57M | $-2.61M | $-79.20K | $-21.32K | $-25.64K | $-3.37M | $-1.70M |
| Capital Expenditure | - | - | - | - | - | $10.30K | $20.98K |
| Investing Cash Flow | $-768.55K | $-839.50K | $-192.98K | - | - | $-762.44K | $-279.92K |
| Debt Repayment | - | - | - | - | - | - | $33.09K |
| Stock Issued | - | - | - | - | - | $1.24M | $730.18K |
| Stock Repurchased | - | - | - | - | - | - | $94.17K |
| Financing Cash Flow | $6.20M | $1.71M | $686.82K | $21.32K | $25.64K | $6.29M | $2.67M |
| Net Change in Cash | - | - | - | - | - | $2.16M | $694.96K |
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 | - | - | $19.95M | - |
| Cost of Revenue | - | - | $16.73M | - |
| Gross Profit | - | - | $3.21M | - |
| Operating Expenses | - | - | $4.97M | - |
| Operating Income | - | - | $-1.76M | - |
| Interest Expense | - | - | - | - |
| Other Income/Expense | - | - | $914.15K | - |
| Income Tax Expense | - | - | - | - |
| Net Income | - | - | $-845.86K | - |
| Basic EPS | - | - | -0.01 | - |
| Diluted EPS | - | - | -0.01 | - |
| Basic Shares Outstanding | - | - | $89.35M | - |
| Diluted Shares Outstanding | - | - | $89.35M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $36.02K | $424.59K |
| Accounts Receivable | $1.65M | $2.34M |
| Total Current Assets | $2.05M | $3.29M |
| Property Plant & Equipment | $1.26M | $1.18M |
| Goodwill | $1.80M | $1.80M |
| Total Assets | $8.23M | $9.82M |
| Accounts Payable | $2.34M | $1.60M |
| Deferred Revenue | - | $657.33K |
| Total Current Liabilities | $7.57M | $7.60M |
| Total Liabilities | $12.14M | $12.94M |
| Common Stock | $210.83K | $159.85K |
| Retained Earnings | $-4.12M | $-3.28M |
| Total Stockholders Equity | $-3.91M | $-3.12M |
| Total Liabilities & Equity | $8.23M | $9.82M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | - | - | $-845.86K | - |
| Depreciation & Amortization | - | - | $261.58K | - |
| Change in Receivables | - | - | $-681.08K | - |
| Change in Payables | - | - | $737.01K | - |
| Operating Cash Flow | - | - | $-751.25K | - |
| Investing Cash Flow | - | - | $-346.27K | - |
| Financing Cash Flow | - | - | $708.96K | - |
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.