$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) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2021) |
Q3 2021 (Sep 30, 2021) |
Q2 2021 (Jun 30, 2021) |
Q1 2021 (Mar 31, 2021) |
Q4 2020 (Dec 31, 2020) |
Q3 2020 (Sep 30, 2020) |
Q2 2020 (Jun 30, 2020) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $7.13M | $5.27M | $4.13M | $3.62M | $-7.53M | $5.24M | $5.29M | $4.17M | $4.96M | $3.64M | $4.08M | $3.68M | $4.36M | $4.60M | $4.71M | $3.59M | $2.57M | $3.17M | $1.13M |
| Revenue Growth % (YoY) | 194.7% | 0.5% | -22.0% | -13.1% | -251.8% | 43.7% | 29.8% | 13.3% | 13.8% | -20.8% | -13.4% | 2.5% | 69.5% | 45.0% | 315.3% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $6.12M | $4.89M | $4.47M | $3.65M | $-13.15M | $8.60M | $8.06M | $6.79M | $8.32M | $6.95M | $9.70M | $6.94M | $9.94M | $8.54M | $7.49M | $6.96M | $4.89M | $5.14M | $2.66M |
| Gross Profit | $1.00M | $372.00K | $-343.00K | $-30.00K | $5.61M | $-3.36M | $-2.77M | $-2.62M | $10.28M | - | - | - | - | - | - | - | - | - | - |
| Gross Margin % | 14.1% | 7.1% | -8.3% | -0.8% | -74.5% | -64.1% | -52.4% | -62.8% | 207.1% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% |
| Operating Expenses | $1.29M | $-117.00K | $-644.00K | $545.00K | $-30.07M | $9.58M | $14.40M | - | $-74.93M | - | - | - | - | - | - | - | - | - | - |
| Research & Development | - | - | - | - | $-14.23M | $4.79M | $6.80M | $6.12M | $6.27M | $5.95M | $7.93M | $8.00M | $8.84M | $9.30M | $9.17M | $9.37M | $8.96M | $8.34M | $8.18M |
| Selling General & Admin | $2.56M | $2.32M | $2.23M | $3.34M | $-12.21M | $7.43M | $9.28M | $9.56M | $9.45M | $9.68M | $14.14M | $14.38M | $15.87M | $15.80M | $15.60M | $16.25M | $15.16M | $15.83M | $9.12M |
| Operating Income | $-281.00K | $489.00K | $301.00K | $-575.00K | $35.69M | $-12.94M | $-17.17M | $-17.31M | $16.82M | $-20.46M | $14.93M | $-38.63M | $-29.90M | $-27.09M | $-27.30M | $-27.83M | $-28.01M | $-26.26M | $-19.46M |
| Operating Margin % | -3.9% | 9.3% | 7.3% | -15.9% | -473.8% | -247.0% | -324.7% | -415.0% | 339.1% | -561.5% | 366.2% | -1049.4% | -685.5% | -588.8% | -579.7% | -775.1% | -1088.0% | -827.7% | -1716.5% |
| Interest Expense | $1.15M | $3.39M | $2.56M | $1.48M | $1.54M | $1.41M | $1.40M | $1.31M | $1.34M | $1.11M | $1.29M | $1.41M | $1.39M | $1.44M | $1.46M | $1.39M | $1.42M | $1.37M | $1.37M |
| 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 | $992.00K | $-1.63M | $36.00K | $-9.21M | $-1.39M | $-1.36M | $-1.42M | $-1.43M | $-1.35M | $-1.37M | $-5.03M | $-3.73M |
| Income Before Tax | $-1.31M | $-816.00K | $-362.00K | $-2.06M | $35.97M | $-13.16M | $-18.35M | $-16.32M | $15.19M | $-20.43M | $5.72M | $-40.02M | $-31.26M | $-28.51M | $-28.73M | $-29.18M | $-29.38M | - | - |
| Income Tax Expense | - | - | - | - | $-12.00K | $75.00K | - | - | $82.00K | - | - | - | - | - | - | - | $23.00K | - | - |
| Net Income | $-1.41M | $-5.61M | $-914.00K | $-1.62M | $-33.77M | $-13.24M | $-18.35M | $-16.32M | $15.11M | $-20.43M | $5.72M | $-40.02M | $-31.26M | $-28.51M | $-28.73M | $-29.18M | $-29.40M | $-31.29M | $-23.19M |
| Net Margin % | -19.7% | -106.5% | -22.1% | -44.7% | 448.3% | -252.7% | -346.9% | -391.2% | 304.5% | -560.5% | 140.3% | -1087.1% | -716.7% | -619.7% | -610.0% | -812.6% | -1142.3% | -986.1% | -2045.2% |
| Basic EPS | -0.05 | -0.19 | -0.03 | -0.06 | -1.16 | -0.45 | -0.63 | -0.57 | 0.53 | -0.72 | 0.16 | -1.42 | -1.12 | -0.94 | -1.02 | nan | 3.42 | nan | nan |
| Diluted EPS | -0.05 | -0.19 | -0.03 | -0.06 | -1.16 | -0.45 | -0.63 | -0.57 | 0.53 | -0.72 | 0.16 | -1.42 | -1.12 | -0.94 | -1.02 | nan | 3.42 | nan | nan |
| Basic Shares Outstanding | - | 29.8M | 29.7M | 29.7M | 71K | 29.3M | 29.0M | 28.8M | 50K | 28.4M | 28.3M | 28.1M | -236K | 30.5M | 28.2M | - | 5.5M | - | - |
| Diluted Shares Outstanding | - | 29.8M | 29.7M | 29.7M | 71K | 29.3M | 29.0M | 28.8M | 50K | 28.4M | 28.3M | 28.1M | -236K | 30.5M | 28.2M | - | 5.5M | - | - |
| 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) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2021) |
Q3 2021 (Sep 30, 2021) |
Q2 2021 (Jun 30, 2021) |
Q1 2021 (Mar 31, 2021) |
Q4 2020 (Dec 31, 2020) |
Q3 2020 (Sep 30, 2020) |
Q2 2020 (Jun 30, 2020) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $14.02M | $12.60M | $13.33M | $18.46M | $19.17M | $24.10M | $23.05M | $22.74M | $25.58M | $28.00M | $46.57M | $12.32M | $24.07M | $58.49M | $7.13M | $8.63M | $25.23M | $58.30M | $24.30M |
| Short-term Investments | - | - | - | - | - | - | - | - | $44.86M | - | - | - | $76.70M | - | - | $86.89M | $105.84M | $99.74M | $5.04M |
| Accounts Receivable | $7.88M | $9.97M | $9.23M | $7.75M | $11.35M | $8.95M | $7.67M | $5.34M | $21.09M | $3.21M | $2.60M | $2.98M | $3.63M | $4.19M | $3.36M | $2.48M | $2.16M | $1.89M | $860.00K |
| Inventory | $1.79M | $4.19M | $5.21M | $5.89M | $4.28M | $15.73M | $15.67M | $14.94M | $13.33M | $14.60M | $15.31M | $17.62M | $16.41M | $14.96M | $14.66M | $13.84M | $12.96M | $10.93M | $12.27M |
| Other Current Assets | $641.00K | $403.00K | $507.00K | $572.00K | $678.00K | $2.47M | $2.44M | $2.23M | $2.54M | $9.63M | $9.03M | $9.06M | $5.33M | $6.04M | $2.86M | $4.12M | $5.05M | $4.63M | $1.32M |
| Total Current Assets | $25.58M | $27.16M | $28.46M | $34.40M | $46.25M | $72.64M | $87.30M | $101.79M | $117.87M | $93.89M | $116.05M | $104.42M | $126.29M | $155.80M | $102.05M | $116.11M | $151.39M | $175.65M | $46.44M |
| Property Plant & Equipment | $517.00K | $736.00K | $808.00K | $844.00K | $825.00K | $6.61M | $7.25M | $8.14M | $9.22M | $10.09M | $11.37M | $12.96M | $13.67M | $14.60M | $15.34M | $14.65M | $12.36M | $9.94M | $7.58M |
| Goodwill | - | - | - | - | - | - | - | - | - | - | - | - | $12.03M | $12.03M | $12.03M | $12.03M | $12.03M | $12.03M | $12.03M |
| Intangible Assets | - | - | - | - | - | $1.43M | $1.48M | $1.53M | $1.58M | $1.63M | $1.68M | $4.85M | $5.01M | $5.17M | $5.33M | $5.49M | $5.65M | $3.78M | $3.89M |
| Long-term Investments | - | - | - | - | - | - | - | - | - | - | - | - | $7.12M | - | - | $11.22M | $8.73M | $8.79M | - |
| Other Non-current Assets | $94.00K | $94.00K | $94.00K | $94.00K | $94.00K | $688.00K | $731.00K | $822.00K | $897.00K | $986.00K | $1.04M | $1.03M | $1.15M | $1.09M | $1.01M | $967.00K | $717.00K | $482.00K | $87.00K |
| Total Assets | $28.65M | $32.17M | $35.47M | $41.67M | $53.96M | $84.73M | $100.30M | $116.00M | $133.44M | $114.63M | $138.33M | $131.64M | $169.79M | $197.42M | $140.59M | $161.95M | $192.53M | $212.51M | $72.03M |
| Accounts Payable | $1.28M | $1.71M | $1.68M | $3.17M | $2.76M | $4.75M | $5.49M | $5.57M | $4.72M | $4.64M | $7.97M | $4.78M | $7.52M | $6.42M | $5.79M | $6.11M | $8.27M | $4.72M | $9.08M |
| Accrued Liabilities | $3.01M | $1.70M | $1.61M | $2.06M | $2.89M | $7.44M | $9.76M | $7.30M | $9.69M | $8.92M | $9.14M | $10.63M | $9.10M | $9.40M | $8.91M | $8.81M | $7.31M | $6.50M | $7.04M |
| Total Current Liabilities | $12.44M | $14.66M | $12.38M | $9.87M | $18.94M | $14.77M | $18.22M | $17.11M | $19.87M | $18.32M | $22.73M | $17.31M | $18.51M | $18.18M | $17.86M | $18.47M | $21.91M | $16.13M | $31.29M |
| Long-term Debt | $25.56M | $25.27M | $25.13M | $32.80M | $32.65M | $34.76M | $34.63M | $34.53M | $34.43M | $34.31M | $34.20M | $40.79M | $40.41M | $40.04M | $39.68M | $39.34M | $39.01M | $38.76M | $38.56M |
| Other Non-current Liabilities | - | - | - | - | - | $32.00K | $20.00K | $11.00K | $12.00K | $10.00K | $5.00K | $2.00K | $50.00K | $18.00K | - | - | - | $8.00K | - |
| Total Liabilities | $40.24M | $42.47M | $40.28M | $45.69M | $54.84M | $53.02M | $56.55M | $55.53M | $58.42M | $56.85M | $61.68M | $62.88M | $64.07M | $63.74M | $64.74M | $61.69M | $65.95M | $59.87M | $75.44M |
| Common Stock | $30.00K | $30.00K | $30.00K | $30.00K | $29.00K | $29.00K | $29.00K | $29.00K | $29.00K | $28.00K | $28.00K | $28.00K | $28.00K | $28.00K | $28.00K | $28.00K | $28.00K | $28.00K | $1.00K |
| Retained Earnings | $-609.52M | $-608.12M | $-602.51M | $-601.60M | $-599.98M | $-566.21M | $-552.98M | $-534.63M | $-518.31M | $-533.42M | $-513.00M | $-518.72M | $-478.70M | $-447.43M | $-418.92M | $-390.20M | $-361.01M | $-331.61M | $-300.32M |
| Total Stockholders Equity | $-11.59M | $-10.30M | $-4.80M | $-4.02M | $-879.00K | $31.71M | $43.74M | $60.47M | $75.02M | $57.78M | $76.65M | $68.76M | $105.73M | $133.69M | $75.86M | $100.26M | $126.58M | $152.64M | $-263.97M |
| Total Liabilities & Equity | $28.65M | $32.17M | $35.47M | $41.67M | $53.96M | $84.73M | $100.30M | $116.00M | $133.44M | $114.63M | $138.33M | $131.64M | $169.79M | $197.42M | $140.59M | $161.95M | $192.53M | $212.51M | $72.03M |
| 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) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
Q4 2021 (Dec 31, 2021) |
Q3 2021 (Sep 30, 2021) |
Q2 2021 (Jun 30, 2021) |
Q1 2021 (Mar 31, 2021) |
Q4 2020 (Dec 31, 2020) |
Q3 2020 (Sep 30, 2020) |
Q2 2020 (Jun 30, 2020) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-1.41M | $-5.61M | $-914.00K | $-1.62M | $-33.77M | $-47.90M | $-34.66M | $-16.32M | $15.11M | $-54.72M | $-34.30M | $-40.02M | $-31.26M | $-86.42M | $-57.91M | $-29.18M | $-29.40M | $-31.29M | $-41.29M |
| Stock-based Compensation | - | $459.00K | $331.00K | $202.00K | $-1.88M | $4.92M | $3.64M | $1.90M | $1.89M | $7.50M | $5.61M | $3.03M | $3.49M | $10.26M | $6.69M | $2.91M | $2.83M | $9.27M | $2.90M |
| Change in Receivables | $549.00K | $3.50M | $2.32M | $819.00K | $2.32M | $-1.24M | $204.00K | $11.00K | $872.00K | $-420.00K | $-1.04M | $-655.00K | $-557.00K | $2.03M | $1.20M | $317.00K | $267.00K | $1.63M | $597.00K |
| Change in Inventory | $-2.40M | $-87.00K | $935.00K | $1.61M | $83.00K | $2.40M | $2.34M | $1.61M | $-1.27M | $-1.81M | $-1.10M | $1.21M | $1.87M | $2.00M | $1.71M | $879.00K | $2.03M | $1.86M | $3.62M |
| Change in Payables | $-435.00K | $-1.05M | $-1.08M | $404.00K | $290.00K | $-2.00K | $824.00K | $873.00K | $77.00K | $-2.93M | $236.00K | $-2.64M | $942.00K | $-1.81M | $-2.73M | $-2.09M | $1.53M | $753.00K | $5.29M |
| Operating Cash Flow | $-4.06M | $-27.60M | $-23.90M | $-16.93M | $-18.01M | $-45.10M | $-31.10M | $-16.52M | $-12.98M | $-72.05M | $-48.22M | $-27.61M | $-22.58M | $-77.10M | $-49.91M | $-26.27M | $-24.13M | $-61.04M | $-34.76M |
| Capital Expenditure | $-36.00K | $148.00K | $143.00K | $105.00K | $-1.18M | $1.39M | $984.00K | $232.00K | $1.51M | $2.47M | $1.72M | $1.09M | $3.39M | $6.59M | $5.84M | $3.69M | $3.40M | $7.82M | $4.45M |
| Sales of Investments | - | $2.75M | $2.75M | $1.75M | $11.75M | $70.25M | $48.25M | $26.50M | $15.00M | $59.64M | $27.79M | $14.59M | $9.20M | $98.51M | $44.41M | $25.00M | - | $45.00M | $40.00M |
| Investing Cash Flow | $5.47M | $16.68M | $13.70M | $9.23M | $11.22M | $47.34M | $30.39M | $15.25M | $12.22M | $92.53M | $86.68M | $16.00M | $-11.42M | $30.49M | $34.02M | $12.17M | $-9.57M | $-54.26M | $52.65M |
| Debt Repayment | - | $2.62M | $2.62M | - | - | - | - | - | - | $44.55M | $44.55M | - | - | - | - | - | - | - | - |
| Stock Issued | - | - | - | - | - | - | - | - | - | - | - | - | $-7.00K | $82.66M | - | - | - | - | - |
| Stock Repurchased | - | - | - | - | $-275.00K | $275.00K | $263.00K | $217.00K | $49.00K | - | - | - | - | - | - | - | - | - | - |
| Financing Cash Flow | $-225.00K | $-2.67M | $-2.67M | $-42.00K | $-495.00K | $-2.17M | $-234.00K | $-213.00K | $-15.00K | $-12.10M | $-11.64M | $-42.00K | $-514.00K | $80.08M | $-2.15M | $-2.38M | $433.00K | $164.00M | $-3.12M |
| Net Change in Cash | $1.42M | $-13.61M | $-12.87M | $-7.74M | $-4.92M | $-233.00K | $-1.29M | $-1.47M | $-805.00K | $7.93M | $26.50M | $-11.75M | $-34.42M | $33.26M | $-18.11M | $-16.60M | $-33.07M | $48.85M | $14.84M |
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.