-
Revenue
$-39.87M
Net Income
-
Gross Margin
-
Op. Margin
$-11.40M
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 | - | - | - | $13.00K | - | $13.00K | $14.00K | $12.00K | $1.00K | - | $5.00K | $135.00K | $135.00K |
| Revenue Growth % (YoY) | nan% | nan% | nan% | 8.3% | nan% | nan% | 180.0% | -91.1% | -99.3% | nan% | nan% | nan% | nan% |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | $27.00K | $30.00K |
| Gross Profit | - | - | - | - | - | - | - | $12.00K | $1.00K | - | - | $108.00K | $105.00K |
| Gross Margin % | nan% | nan% | nan% | nan% | nan% | nan% | nan% | 100.0% | 100.0% | nan% | nan% | 80.0% | 77.8% |
| Operating Expenses | $6.11M | $20.36M | $2.98M | $1.20M | $2.95M | $5.30M | $3.45M | $6.18M | $4.05M | $10.91M | $7.39M | $7.11M | $6.59M |
| Research & Development | $6.00K | $19.00K | $6.00K | $96.00K | $156.00K | $342.00K | $238.00K | $1.18M | $1.15M | $1.71M | $1.06M | $1.12M | $1.73M |
| Operating Income | $-6.11M | $-20.36M | $-2.98M | $-1.18M | $-2.95M | $-5.29M | $-3.44M | $-6.17M | $-4.05M | $-10.91M | $-7.39M | $-7.00M | $-6.49M |
| Operating Margin % | nan% | nan% | nan% | -9100.0% | nan% | -40707.7% | -24550.0% | -51391.7% | -405100.0% | nan% | -147720.0% | -5183.7% | -4804.4% |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Income/Expense | $-12.00K | $-13.00K | $-15.00K | $-15.00K | $15.00K | $-2.00K | $25.00K | $38.00K | - | $-225.00K | - | - | - |
| Income Before Tax | $-16.35M | $-20.37M | $-2.80M | $-1.10M | $-1.91M | $-3.91M | $-3.42M | $-6.13M | $-4.05M | $-11.13M | $-7.38M | $-7.00M | $-6.49M |
| Income Tax Expense | $-765.00K | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | $-15.58M | $-20.37M | $-2.81M | $-1.10M | $-1.91M | $-3.92M | $-3.40M | $-6.05M | $-4.57M | $-11.09M | $-7.33M | $-6.96M | $-6.37M |
| Net Margin % | nan% | nan% | nan% | -8453.8% | nan% | -30115.4% | -24300.0% | -50408.3% | -456700.0% | nan% | -146640.0% | -5154.1% | -4720.0% |
| Basic EPS | -0.47 | -0.74 | -0.14 | -0.03 | -0.12 | -0.30 | -0.36 | -3.62 | -0.06 | nan | nan | -5.83 | nan |
| Diluted EPS | -0.47 | -0.74 | -0.14 | -0.03 | -0.12 | -0.30 | -0.36 | -3.62 | -0.06 | nan | nan | -5.83 | nan |
| Basic Shares Outstanding | 33.4M | 27.7M | 20.8M | 1.0M | 16.2M | 12.9M | 9.9M | -61.7M | 75.4M | - | - | -36.0M | - |
| Diluted Shares Outstanding | 33.4M | 27.7M | 20.8M | 1.0M | 16.2M | 12.9M | 9.9M | -61.7M | 75.4M | - | - | -36.0M | - |
| 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 | $11.04M | $2.82M | $3.73M | $142.00K | $615.00K | $2.10M | $416.00K | $190.00K | $389.00K | $1.25M | $1.41M | $357.00K | $887.00K |
| Accounts Receivable | - | - | $109.00K | $109.00K | $81.00K | $54.00K | $14.00K | $24.00K | $14.00K | $21.00K | $17.00K | $9.00K | $5.00K |
| Inventory | - | - | - | - | - | - | - | - | $219.00K | $189.00K | $345.00K | $336.00K | $1.69M |
| Total Current Assets | $14.99M | $3.00M | $3.99M | $344.00K | $848.00K | $2.39M | $740.00K | $528.00K | $1.05M | $1.99M | $2.15M | $1.13M | $3.09M |
| Property Plant & Equipment | $38.00K | $53.00K | $68.00K | $85.00K | $111.00K | $137.00K | $182.00K | $509.00K | $593.00K | $621.00K | $630.00K | $665.00K | $685.00K |
| Goodwill | $69.89M | $58.69M | - | - | - | - | - | - | - | - | - | - | - |
| Intangible Assets | $45.41M | $47.92M | $265.00K | $269.00K | $274.00K | $279.00K | $284.00K | $288.00K | $293.00K | $298.00K | $303.00K | $307.00K | $312.00K |
| Long-term Investments | $142.00K | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-current Assets | $44.00K | $44.00K | $44.00K | $44.00K | $44.00K | - | - | $44.00K | $687.00K | $514.00K | $244.00K | $44.00K | $44.00K |
| Total Assets | $130.51M | $109.72M | $4.42M | $842.00K | $1.42M | $3.11M | $1.59M | $1.80M | $3.15M | $4.05M | $5.20M | $4.11M | $5.01M |
| Deferred Revenue | - | - | - | - | - | - | - | - | - | - | - | $5.00K | $13.00K |
| Total Current Liabilities | $125.60M | $113.20M | $1.68M | $2.26M | $1.70M | $2.98M | $5.23M | $4.58M | $3.91M | $3.33M | $2.81M | $3.26M | $2.54M |
| Deferred Tax Liabilities | $11.73M | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $137.34M | $113.20M | $1.68M | $2.26M | $1.70M | $2.99M | $5.79M | $4.68M | $4.10M | $3.61M | $3.18M | $3.71M | $3.08M |
| Common Stock | $36.00K | $31.00K | $24.00K | $17.00K | $17.00K | $15.00K | $11.00K | $9.00K | $79.00K | $73.00K | $67.00K | $55.00K | $46.00K |
| Retained Earnings | $-294.11M | $-278.53M | $-258.16M | $-255.34M | $-254.25M | $-252.33M | $-248.42M | $-245.01M | $-238.97M | $-234.40M | $-223.31M | $-215.97M | $-209.02M |
| Total Stockholders Equity | $-6.96M | $-3.62M | $2.60M | $-1.54M | $-405.00K | $-6.00K | $-4.32M | $-3.02M | $-1.16M | $242.00K | $1.98M | $313.00K | $1.82M |
| Total Liabilities & Equity | $130.51M | $109.72M | $4.42M | $842.00K | $1.42M | $3.11M | $1.59M | $1.80M | $3.15M | $4.05M | $5.20M | $4.11M | $5.01M |
| 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 | $-15.58M | $-23.18M | $-2.81M | $-1.10M | $-9.23M | $-3.92M | $-3.40M | $-6.05M | $-4.57M | $-18.43M | $-7.33M | $-6.96M | $-20.09M |
| Depreciation & Amortization | $1.49M | $554.00K | $21.00K | $30.00K | $158.00K | $49.00K | $78.00K | $93.00K | $92.00K | $92.00K | $84.00K | $83.00K | $210.00K |
| Deferred Income Tax | $-765.00K | - | - | - | - | - | - | - | - | - | - | - | - |
| Change in Receivables | - | - | - | $28.00K | $57.00K | $30.00K | $-10.00K | $10.00K | $5.00K | $12.00K | $8.00K | $4.00K | $5.00K |
| Change in Inventory | - | - | - | - | - | - | - | $449.00K | $49.00K | $19.00K | $9.00K | $-214.00K | $-70.00K |
| Change in Payables | - | - | - | - | - | - | - | - | - | $159.00K | $-355.00K | $863.00K | $-87.00K |
| Operating Cash Flow | $-7.42M | $-2.39M | $-1.11M | $-474.00K | $-4.28M | $-2.79M | $-1.31M | $-2.94M | $-14.37M | $-10.54M | $-5.65M | $-4.11M | $-17.59M |
| Capital Expenditure | - | - | - | - | - | - | - | $4.00K | $182.00K | $122.00K | $45.00K | $58.00K | $110.00K |
| Acquisitions | $-365.00K | $-366.00K | - | - | - | - | - | - | - | - | - | - | - |
| Purchases of Investments | $144.00K | - | - | - | - | - | - | - | - | - | - | - | - |
| Investing Cash Flow | $221.00K | $366.00K | - | - | - | - | - | $-4.00K | $-182.00K | $-122.00K | $-45.00K | $-58.00K | $-110.00K |
| Stock Issued | - | - | $818.00K | $1.00K | $4.21M | $4.21M | $1.04M | $2.68M | $12.62M | $9.99M | $6.75M | $2.46M | $5.82M |
| Financing Cash Flow | $18.10M | $4.70M | $4.70M | $1.00K | $4.71M | $4.71M | $1.54M | $2.75M | $14.59M | $11.56M | $6.75M | $3.64M | $6.93M |
| Net Change in Cash | $10.90M | $2.68M | - | - | - | - | - | - | - | - | - | - | - |
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 | - | - | - | - |
| Operating Expenses | $6.11M | - | $29.46M | - |
| Research & Development | $6.00K | - | $31.00K | - |
| Operating Income | $-6.11M | - | $-29.46M | - |
| Interest Expense | - | - | - | - |
| Other Income/Expense | $-12.00K | - | $-40.00K | - |
| Income Before Tax | $-16.35M | - | $-39.52M | - |
| Income Tax Expense | $-765.00K | - | $-765.00K | - |
| Net Income | $-15.58M | $-3.91M | $-38.77M | - |
| Basic EPS | -0.47 | - | -1.42 | - |
| Diluted EPS | -0.47 | - | -1.42 | - |
| Basic Shares Outstanding | $33.35M | - | $27.34M | - |
| Diluted Shares Outstanding | $33.35M | - | $27.34M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $11.04M | $142.00K |
| Accounts Receivable | - | $109.00K |
| Total Current Assets | $14.99M | $344.00K |
| Property Plant & Equipment | $38.00K | $85.00K |
| Goodwill | $69.89M | - |
| Intangible Assets | $45.41M | $269.00K |
| Long-term Investments | $142.00K | - |
| Other Non-current Assets | $44.00K | $44.00K |
| Total Assets | $130.51M | $842.00K |
| Total Current Liabilities | $125.60M | $2.26M |
| Deferred Tax Liabilities | $11.73M | - |
| Total Liabilities | $137.34M | $2.26M |
| Common Stock | $36.00K | $17.00K |
| Retained Earnings | $-294.11M | $-255.34M |
| Total Stockholders Equity | $-6.96M | $-1.54M |
| Total Liabilities & Equity | $130.51M | $842.00K |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-15.58M | $-3.91M | $-38.77M | - |
| Depreciation & Amortization | $1.49M | - | $2.06M | - |
| Deferred Income Tax | - | - | $-765.00K | - |
| Change in Receivables | - | - | - | - |
| Operating Cash Flow | - | - | $-7.42M | - |
| Acquisitions | - | - | $-365.00K | - |
| Purchases of Investments | - | - | $144.00K | - |
| Investing Cash Flow | - | - | $221.00K | - |
| Stock Issued | - | - | - | - |
| Financing Cash Flow | - | - | $18.10M | - |
| Net Change in Cash | - | - | $10.90M | - |
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.