$29.41M
Revenue
$-154.24M
Net Income
15.97%
Gross Margin
-318.51%
Op. Margin
$-76.99M
Free Cash Flow
| Breakdown | Q1 2025 (Sep 30, 2024) |
Q4 2024 (Jun 30, 2024) |
Q3 2024 (Mar 31, 2024) |
Q2 2024 (Dec 31, 2023) |
Q1 2024 (Sep 30, 2023) |
Q4 2023 (Jun 30, 2023) |
Q3 2023 (Mar 31, 2023) |
Q2 2023 (Dec 31, 2022) |
Q1 2023 (Sep 30, 2022) |
Q4 2022 (Jun 30, 2022) |
Q3 2022 (Mar 31, 2022) |
Q2 2022 (Dec 31, 2021) |
Q1 2022 (Sep 30, 2021) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $9.03M | $5.86M | $7.51M | $7.02M | $7.00M | $8.33M | $7.36M | $5.87M | $5.57M | $5.20M | $4.61M | $3.67M | $1.87M |
| Revenue Growth % (YoY) | 28.9% | -29.7% | 2.1% | 19.6% | 25.8% | 60.1% | 59.7% | 59.7% | 198.0% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $4.72M | $6.49M | $7.16M | $6.34M | $8.09M | $10.04M | $8.47M | $5.27M | $6.45M | $6.67M | $5.37M | $4.55M | $2.90M |
| Gross Profit | $4.30M | $-635.00K | $349.00K | $681.00K | $-1.08M | $-1.70M | $-1.12M | $591.00K | $-887.00K | $-1.46M | $-763.00K | $-877.00K | $-1.03M |
| Gross Margin % | 47.7% | -10.8% | 4.6% | 9.7% | -15.5% | -20.4% | -15.2% | 10.1% | -15.9% | -28.1% | -16.6% | -23.9% | -55.4% |
| Operating Expenses | $9.64M | $50.07M | $22.96M | $15.71M | $20.57M | $16.22M | $16.17M | $13.48M | $17.08M | $16.20M | $14.04M | $14.34M | $11.85M |
| Research & Development | $2.69M | $7.26M | $5.97M | $6.41M | $10.35M | $8.16M | $7.35M | $7.64M | $10.10M | $10.23M | $8.31M | $9.19M | $7.97M |
| Operating Income | $-5.34M | $-50.70M | $-22.61M | $-15.02M | $-21.65M | $-17.93M | $-17.28M | $-12.89M | $-17.97M | $-17.66M | $-14.80M | $-15.21M | $-12.88M |
| Operating Margin % | -59.1% | -866.0% | -301.0% | -214.1% | -309.3% | -215.1% | -234.9% | -219.8% | -322.8% | -339.3% | -321.2% | -414.4% | -689.7% |
| Other Income/Expense | $-4.00K | - | $-5.00K | $1.00K | $-3.00K | $2.00K | $-627.00K | $1.74M | $-1.18M | - | $-155.00K | $28.00K | - |
| Income Before Tax | $-6.42M | $-108.80M | $-23.31M | $-15.71M | $-20.13M | $-17.79M | $-17.91M | $-11.15M | - | $-18.04M | - | - | - |
| Income Tax Expense | $1.00K | $1.00K | $2.00K | $2.00K | $1.00K | $-28.00K | $-2.36M | $1.00K | $-57.00K | $-1.76M | - | - | - |
| Net Income | $-6.42M | $-108.80M | $-23.31M | $-15.71M | $-20.13M | $-17.77M | $-15.54M | $-11.16M | $-19.09M | $-16.11M | $-14.82M | $-15.24M | $-12.85M |
| Net Margin % | -71.1% | -1858.3% | -310.4% | -223.9% | -287.5% | -213.2% | -211.3% | -190.2% | -343.0% | -309.5% | -321.8% | -415.2% | -687.8% |
| Basic EPS | -0.04 | -1.14 | -0.26 | -0.21 | -0.28 | -0.25 | -0.23 | -0.19 | -0.33 | -0.29 | -0.27 | nan | nan |
| Diluted EPS | -0.04 | -1.14 | -0.26 | -0.21 | -0.28 | -0.17 | -0.29 | -0.19 | -0.33 | -0.28 | nan | nan | nan |
| Basic Shares Outstanding | 154.4M | 10.2M | 91.3M | 73.1M | 72.3M | 2.7M | 68.2M | 57.6M | 57.2M | 844K | 55.2M | - | - |
| Diluted Shares Outstanding | 154.4M | 10.2M | 91.3M | 73.1M | 72.3M | 2.7M | 68.2M | 57.6M | 57.2M | 844K | - | - | - |
| Breakdown | Q1 2025 (Sep 30, 2024) |
Q4 2024 (Jun 30, 2024) |
Q3 2024 (Mar 31, 2024) |
Q2 2024 (Dec 31, 2023) |
Q1 2024 (Sep 30, 2023) |
Q4 2023 (Jun 30, 2023) |
Q3 2023 (Mar 31, 2023) |
Q2 2023 (Dec 31, 2022) |
Q1 2023 (Sep 30, 2022) |
Q4 2022 (Jun 30, 2022) |
Q3 2022 (Mar 31, 2022) |
Q2 2022 (Dec 31, 2021) |
Q1 2022 (Sep 30, 2021) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $12.06M | $24.45M | $15.20M | - | $25.79M | $43.10M | $52.75M | $46.57M | $60.66M | $80.48M | $55.87M | $67.47M | $75.68M |
| Accounts Receivable | $3.83M | $3.91M | $4.45M | $4.81M | $3.94M | $4.75M | $4.25M | $3.17M | $2.98M | $3.79M | $3.09M | $2.50M | $1.35M |
| Inventory | $3.17M | $2.22M | $5.10M | $5.48M | $6.18M | $7.55M | $7.56M | $5.81M | $4.53M | $4.09M | $3.43M | $2.29M | $2.06M |
| Other Current Assets | $3.45M | $2.99M | $3.81M | $2.86M | $2.67M | $4.44M | $3.67M | $4.77M | $4.52M | $3.36M | $3.88M | $3.16M | $3.54M |
| Total Current Assets | $25.71M | $36.77M | $28.56M | $26.02M | $38.58M | $59.84M | $68.22M | $60.31M | $72.68M | $91.73M | $66.27M | $75.41M | $82.63M |
| Property Plant & Equipment | $12.37M | $12.90M | $53.20M | $56.20M | $58.14M | $57.83M | $57.31M | $54.47M | $54.19M | $51.16M | $48.04M | $40.25M | $36.91M |
| Goodwill | $6.51M | $6.51M | $6.51M | $14.56M | $14.56M | $14.56M | $14.53M | $8.05M | $8.05M | $8.05M | $8.05M | $7.83M | - |
| Intangible Assets | $11.91M | $12.56M | $13.22M | $13.88M | $14.53M | $15.24M | $15.89M | $8.27M | $8.64M | $8.99M | $9.35M | $10.17M | $564.00K |
| Other Non-current Assets | $71.00K | $71.00K | $71.00K | $74.00K | $73.00K | $72.00K | $71.00K | $71.00K | $71.00K | $279.00K | $60.00K | $60.00K | $11.00K |
| Total Assets | $57.37M | $69.74M | $102.60M | $111.88M | $127.15M | $148.92M | $157.50M | $132.26M | $144.66M | $161.34M | $132.09M | $134.11M | $120.52M |
| Deferred Revenue | $301.00K | $131.00K | $95.00K | $56.00K | $312.00K | $105.00K | $114.00K | $60.00K | $147.00K | $286.00K | $115.00K | $101.00K | - |
| Total Current Liabilities | $80.09M | $84.37M | $18.23M | $14.28M | $15.90M | $17.57M | $11.81M | $8.78M | $12.65M | $12.66M | $11.18M | $7.11M | $7.88M |
| Deferred Tax Liabilities | - | - | - | - | - | $43.35M | $43.70M | $43.18M | $43.85M | $43.73M | $1.80M | $2.04M | - |
| Other Non-current Liabilities | $117.00K | $117.00K | $117.00K | $117.00K | - | $117.00K | - | - | - | - | - | - | - |
| Total Liabilities | $122.59M | $126.83M | $60.69M | $58.11M | $59.35M | $62.68M | $57.05M | $53.18M | $57.98M | $57.91M | $13.65M | $10.44M | $8.13M |
| Common Stock | $154.00K | $123.00K | $99.00K | $75.00K | $72.00K | $72.00K | $72.00K | $58.00K | $57.00K | $57.00K | $56.00K | $55.00K | $52.00K |
| Retained Earnings | $-444.93M | $-438.51M | $-329.70M | $-306.40M | $-290.69M | $-270.36M | $-252.59M | $-237.04M | $-225.89M | $-206.80M | $-190.57M | $-175.88M | $-160.62M |
| Total Stockholders Equity | $-65.22M | $-57.09M | $41.91M | $53.77M | $67.79M | $86.24M | $100.46M | $79.08M | $86.69M | $103.43M | $111.04M | $116.14M | $112.40M |
| Total Liabilities & Equity | $57.37M | $69.74M | $102.60M | $111.88M | $127.15M | $148.92M | $157.50M | $132.26M | $144.66M | $161.34M | $132.09M | $134.11M | $120.52M |
| Breakdown | Q1 2025 (Sep 30, 2024) |
Q4 2024 (Jun 30, 2024) |
Q3 2024 (Mar 31, 2024) |
Q2 2024 (Dec 31, 2023) |
Q1 2024 (Sep 30, 2023) |
Q4 2023 (Jun 30, 2023) |
Q3 2023 (Mar 31, 2023) |
Q2 2023 (Dec 31, 2022) |
Q1 2023 (Sep 30, 2022) |
Q4 2022 (Jun 30, 2022) |
Q3 2022 (Mar 31, 2022) |
Q2 2022 (Dec 31, 2021) |
Q1 2022 (Sep 30, 2021) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-6.42M | $-108.80M | $-59.15M | $-35.84M | $-20.13M | $-17.77M | $-15.54M | $-11.16M | $-19.09M | $-16.11M | $-14.82M | $-28.09M | $-12.85M |
| Depreciation & Amortization | $1.20M | $3.27M | $9.49M | $6.24M | $3.02M | $3.06M | $8.19M | $5.09M | $2.45M | $2.36M | $5.49M | $3.17M | $1.47M |
| Stock-based Compensation | $-1.70M | $-296.00K | $3.14M | $316.00K | $1.88M | $1.95M | $7.45M | $4.24M | $2.35M | $2.49M | $7.75M | $5.25M | $2.35M |
| Deferred Income Tax | - | - | - | - | - | $-29.00K | $-2.37M | - | - | - | - | - | - |
| Change in Receivables | $4.04M | $-536.00K | $-105.00K | $256.00K | $-610.00K | $506.00K | $-427.00K | $-622.00K | $-817.00K | $703.00K | $936.00K | $349.00K | $182.00K |
| Change in Inventory | $945.00K | $-2.88M | $-2.44M | $-2.07M | $-1.37M | $-10.00K | $3.46M | $1.71M | $431.00K | $665.00K | $1.84M | $698.00K | $668.00K |
| Operating Cash Flow | $-12.20M | $-8.11M | $-32.24M | $-24.45M | $-13.11M | $-8.70M | $-36.12M | $-26.22M | $-14.99M | $-11.92M | $-33.27M | $-23.54M | $-12.69M |
| Capital Expenditure | - | $-133.00K | $6.12M | $5.83M | $4.21M | $1.22M | - | - | - | - | - | - | - |
| Acquisitions | - | - | - | - | - | - | $13.88M | - | - | - | - | - | - |
| Investing Cash Flow | $-185.00K | $133.00K | $-6.12M | $-5.83M | $-4.21M | $-1.22M | $-23.93M | $-7.99M | $-4.83M | $-9.39M | $-25.56M | $-16.61M | $-5.44M |
| Stock Issued | - | $1.93M | $10.41M | - | - | - | $32.03M | - | - | $1.95M | $25.63M | $18.79M | $5.43M |
| Financing Cash Flow | - | $17.22M | $10.46M | $52.00K | - | $272.00K | $32.31M | $289.00K | - | $45.92M | $26.38M | $19.30M | $5.49M |
SEC Filing Format - Data shown as it appears in the Q1 2025 (10-Q) filing
Period ended: Sep 30, 2024
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2024 | |
|---|---|---|
| Current | Prior Year | |
| Total Revenue | $9.03M | $7.00M |
| Cost of Revenue | $4.72M | $8.09M |
| Gross Profit | $4.30M | $-1.08M |
| Operating Expenses | $9.64M | $20.57M |
| Research & Development | $2.69M | $10.35M |
| Operating Income | $-5.34M | $-21.65M |
| Other Income/Expense | $-4.00K | $-3.00K |
| Income Before Tax | $-6.42M | $-20.13M |
| Income Tax Expense | $1.00K | $1.00K |
| Net Income | $-6.42M | $-20.13M |
| Basic EPS | -0.04 | -0.28 |
| Diluted EPS | -0.04 | -0.28 |
| Basic Shares Outstanding | $154.43M | $72.31M |
| Diluted Shares Outstanding | $154.43M | $72.31M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2024 | Jun 30, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $12.06M | $24.45M |
| Accounts Receivable | $3.83M | $3.91M |
| Inventory | $3.17M | $2.22M |
| Other Current Assets | $3.45M | $2.99M |
| Total Current Assets | $25.71M | $36.77M |
| Property Plant & Equipment | $12.37M | $12.90M |
| Goodwill | $6.51M | $6.51M |
| Intangible Assets | $11.91M | $12.56M |
| Other Non-current Assets | $71.00K | $71.00K |
| Total Assets | $57.37M | $69.74M |
| Deferred Revenue | $301.00K | $131.00K |
| Total Current Liabilities | $80.09M | $84.37M |
| Other Non-current Liabilities | $117.00K | $117.00K |
| Total Liabilities | $122.59M | $126.83M |
| Common Stock | $154.00K | $123.00K |
| Retained Earnings | $-444.93M | $-438.51M |
| Total Stockholders Equity | $-65.22M | $-57.09M |
| Total Liabilities & Equity | $57.37M | $69.74M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2024 | |
|---|---|---|
| Current | Prior Year | |
| Net Income | $-6.42M | $-20.13M |
| Depreciation & Amortization | $1.20M | $3.02M |
| Stock-based Compensation | $-1.70M | $1.88M |
| Change in Receivables | $4.04M | $-610.00K |
| Change in Inventory | $945.00K | $-1.37M |
| Operating Cash Flow | $-12.20M | $-13.11M |
| Investing Cash Flow | $-185.00K | $-4.21M |
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.