$20.15M
Revenue
$-9.55M
Net Income
4.98%
Gross Margin
-0.33%
Op. Margin
$-72.85M
Free Cash Flow
| Breakdown | 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) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $7.13M | $5.27M | $4.13M | $3.62M | $-7.53M | $5.24M | $5.29M |
| Revenue Growth % (YoY) | 194.7% | 0.5% | -22.0% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $6.12M | $4.89M | $4.47M | $3.65M | $-13.15M | $8.60M | $8.06M |
| Gross Profit | $1.00M | $372.00K | $-343.00K | $-30.00K | $5.61M | $-3.36M | $-2.77M |
| Gross Margin % | 14.1% | 7.1% | -8.3% | -0.8% | -74.5% | -64.1% | -52.4% |
| Operating Expenses | $1.29M | $-117.00K | $-644.00K | $545.00K | $-30.07M | $9.58M | $14.40M |
| Research & Development | - | - | - | - | $-14.23M | $4.79M | $6.80M |
| Selling General & Admin | $2.56M | $2.32M | $2.23M | $3.34M | $-12.21M | $7.43M | $9.28M |
| Operating Income | $-281.00K | $489.00K | $301.00K | $-575.00K | $35.69M | $-12.94M | $-17.17M |
| Operating Margin % | -3.9% | 9.3% | 7.3% | -15.9% | -473.8% | -247.0% | -324.7% |
| Interest Expense | $1.15M | $3.39M | $2.56M | $1.48M | $1.54M | $1.41M | $1.40M |
| Interest Income | $122.00K | $153.00K | $207.00K | - | $365.00K | - | - |
| Other Income/Expense | $-1.03M | $-1.30M | $-663.00K | $-1.48M | $279.00K | $-226.00K | $-1.18M |
| Income Before Tax | $-1.31M | $-816.00K | $-362.00K | $-2.06M | $35.97M | $-13.16M | $-18.35M |
| Income Tax Expense | - | - | - | - | $-12.00K | $75.00K | - |
| Net Income | $-1.41M | $-5.61M | $-914.00K | $-1.62M | $-33.77M | $-13.24M | $-18.35M |
| Net Margin % | -19.7% | -106.5% | -22.1% | -44.7% | 448.3% | -252.7% | -346.9% |
| Basic EPS | -0.05 | -0.19 | -0.03 | -0.06 | -1.16 | -0.45 | -0.63 |
| Diluted EPS | -0.05 | -0.19 | -0.03 | -0.06 | -1.16 | -0.45 | -0.63 |
| Basic Shares Outstanding | - | 29.8M | 29.7M | 29.7M | 71K | 29.3M | 29.0M |
| Diluted Shares Outstanding | - | 29.8M | 29.7M | 29.7M | 71K | 29.3M | 29.0M |
| Breakdown | 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) |
|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $14.02M | $12.60M | $13.33M | $18.46M | $19.17M | $24.10M | $23.05M |
| Accounts Receivable | $7.88M | $9.97M | $9.23M | $7.75M | $11.35M | $8.95M | $7.67M |
| Inventory | $1.79M | $4.19M | $5.21M | $5.89M | $4.28M | $15.73M | $15.67M |
| Other Current Assets | $641.00K | $403.00K | $507.00K | $572.00K | $678.00K | $2.47M | $2.44M |
| Total Current Assets | $25.58M | $27.16M | $28.46M | $34.40M | $46.25M | $72.64M | $87.30M |
| Property Plant & Equipment | $517.00K | $736.00K | $808.00K | $844.00K | $825.00K | $6.61M | $7.25M |
| Intangible Assets | - | - | - | - | - | $1.43M | $1.48M |
| Other Non-current Assets | $94.00K | $94.00K | $94.00K | $94.00K | $94.00K | $688.00K | $731.00K |
| Total Assets | $28.65M | $32.17M | $35.47M | $41.67M | $53.96M | $84.73M | $100.30M |
| Accounts Payable | $1.28M | $1.71M | $1.68M | $3.17M | $2.76M | $4.75M | $5.49M |
| Accrued Liabilities | $3.01M | $1.70M | $1.61M | $2.06M | $2.89M | $7.44M | $9.76M |
| Total Current Liabilities | $12.44M | $14.66M | $12.38M | $9.87M | $18.94M | $14.77M | $18.22M |
| Long-term Debt | $25.56M | $25.27M | $25.13M | $32.80M | $32.65M | $34.76M | $34.63M |
| Other Non-current Liabilities | - | - | - | - | - | $32.00K | $20.00K |
| Total Liabilities | $40.24M | $42.47M | $40.28M | $45.69M | $54.84M | $53.02M | $56.55M |
| Common Stock | $30.00K | $30.00K | $30.00K | $30.00K | $29.00K | $29.00K | $29.00K |
| Retained Earnings | $-609.52M | $-608.12M | $-602.51M | $-601.60M | $-599.98M | $-566.21M | $-552.98M |
| Total Stockholders Equity | $-11.59M | $-10.30M | $-4.80M | $-4.02M | $-879.00K | $31.71M | $43.74M |
| Total Liabilities & Equity | $28.65M | $32.17M | $35.47M | $41.67M | $53.96M | $84.73M | $100.30M |
| Breakdown | 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) |
|---|---|---|---|---|---|---|---|
| Net Income | $-1.41M | $-5.61M | $-914.00K | $-1.62M | $-33.77M | $-47.90M | $-34.66M |
| Stock-based Compensation | - | $459.00K | $331.00K | $202.00K | $-1.88M | $4.92M | $3.64M |
| Change in Receivables | $549.00K | $3.50M | $2.32M | $819.00K | $2.32M | $-1.24M | $204.00K |
| Change in Inventory | $-2.40M | $-87.00K | $935.00K | $1.61M | $83.00K | $2.40M | $2.34M |
| Change in Payables | $-435.00K | $-1.05M | $-1.08M | $404.00K | $290.00K | $-2.00K | $824.00K |
| Operating Cash Flow | $-4.06M | $-27.60M | $-23.90M | $-16.93M | $-18.01M | $-45.10M | $-31.10M |
| Capital Expenditure | $-36.00K | $148.00K | $143.00K | $105.00K | $-1.18M | $1.39M | $984.00K |
| Sales of Investments | - | $2.75M | $2.75M | $1.75M | $11.75M | $70.25M | $48.25M |
| Investing Cash Flow | $5.47M | $16.68M | $13.70M | $9.23M | $11.22M | $47.34M | $30.39M |
| Debt Repayment | - | $2.62M | $2.62M | - | - | - | - |
| Stock Repurchased | - | - | - | - | $-275.00K | $275.00K | $263.00K |
| Financing Cash Flow | $-225.00K | $-2.67M | $-2.67M | $-42.00K | $-495.00K | $-2.17M | $-234.00K |
| Net Change in Cash | $1.42M | $-13.61M | $-12.87M | $-7.74M | $-4.92M | $-233.00K | $-1.29M |
SEC Filing Format - Data shown as it appears in the Q3 2024 (10-Q) filing
Period ended: Sep 30, 2024
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2024 | Sep 30, 2024 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $5.27M | $2.06M | $13.03M | $4.82M |
| Cost of Revenue | $4.89M | $3.15M | $13.02M | $7.83M |
| Gross Profit | $372.00K | $-1.09M | $8.00K | $-3.02M |
| Operating Expenses | $-117.00K | $602.00K | $-216.00K | $6.45M |
| Research & Development | - | $896.00K | - | $2.75M |
| Selling General & Admin | $2.32M | $2.35M | $7.88M | $9.50M |
| Operating Income | $489.00K | $-1.69M | $224.00K | $-9.47M |
| Interest Expense | $1.40M | $1.41M | $3.39M | $3.73M |
| Interest Income | $153.00K | $547.00K | $641.00K | $2.22M |
| Other Income/Expense | $-1.30M | $-226.00K | $-3.45M | $-409.00K |
| Income Before Tax | $-816.00K | $-1.92M | $-3.23M | $-9.88M |
| Net Income | $-5.61M | $-13.24M | $-8.14M | $-47.90M |
| Basic EPS | -0.19 | -0.45 | -0.27 | -1.65 |
| Diluted EPS | -0.19 | -0.45 | -0.27 | -1.65 |
| Basic Shares Outstanding | $29.80M | $29.26M | $29.77M | $29.02M |
| Diluted Shares Outstanding | $29.80M | $29.26M | $29.77M | $29.02M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2024 | Dec 31, 2023 |
|---|---|---|
| Cash & Cash Equivalents | $12.60M | $19.17M |
| Accounts Receivable | $9.97M | $11.35M |
| Inventory | $4.19M | $4.28M |
| Other Current Assets | $403.00K | $678.00K |
| Total Current Assets | $27.16M | $46.25M |
| Property Plant & Equipment | $736.00K | $825.00K |
| Other Non-current Assets | $94.00K | $94.00K |
| Total Assets | $32.17M | $53.96M |
| Accounts Payable | $1.71M | $2.76M |
| Accrued Liabilities | $1.70M | $2.89M |
| Total Current Liabilities | $14.66M | $18.94M |
| Long-term Debt | $25.27M | $32.65M |
| Total Liabilities | $42.47M | $54.84M |
| Common Stock | $30.00K | $29.00K |
| Retained Earnings | $-608.12M | $-599.98M |
| Total Stockholders Equity | $-10.30M | $-879.00K |
| Total Liabilities & Equity | $32.17M | $53.96M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2024 | Sep 30, 2024 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-5.61M | $-13.24M | $-8.14M | $-47.90M |
| Stock-based Compensation | - | - | $459.00K | $1.27M |
| Change in Receivables | - | - | $3.50M | $-3.25M |
| Change in Inventory | - | - | $-87.00K | $-11.57M |
| Change in Payables | - | - | $-1.05M | $-3.02M |
| Operating Cash Flow | - | - | $-27.60M | $-45.10M |
| Capital Expenditure | - | - | $148.00K | $1.19M |
| Sales of Investments | - | - | $2.75M | $70.25M |
| Investing Cash Flow | - | - | $16.68M | $47.34M |
| Debt Repayment | - | - | $2.62M | - |
| Stock Repurchased | - | - | - | $35.00K |
| Financing Cash Flow | - | - | $-2.67M | $-2.17M |
| Net Change in Cash | - | - | $-13.61M | $-233.00K |
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.