$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) |
|---|---|---|---|---|---|---|---|
| Total Revenue | $9.03M | $5.86M | $7.51M | $7.02M | $7.00M | $8.33M | $7.36M |
| Revenue Growth % (YoY) | 28.9% | -29.7% | 2.1% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $4.72M | $6.49M | $7.16M | $6.34M | $8.09M | $10.04M | $8.47M |
| Gross Profit | $4.30M | $-635.00K | $349.00K | $681.00K | $-1.08M | $-1.70M | $-1.12M |
| Gross Margin % | 47.7% | -10.8% | 4.6% | 9.7% | -15.5% | -20.4% | -15.2% |
| Operating Expenses | $9.64M | $50.07M | $22.96M | $15.71M | $20.57M | $16.22M | $16.17M |
| Research & Development | $2.69M | $7.26M | $5.97M | $6.41M | $10.35M | $8.16M | $7.35M |
| Operating Income | $-5.34M | $-50.70M | $-22.61M | $-15.02M | $-21.65M | $-17.93M | $-17.28M |
| Operating Margin % | -59.1% | -866.0% | -301.0% | -214.1% | -309.3% | -215.1% | -234.9% |
| Other Income/Expense | $-4.00K | - | $-5.00K | $1.00K | $-3.00K | $2.00K | $-627.00K |
| Income Before Tax | $-6.42M | $-108.80M | $-23.31M | $-15.71M | $-20.13M | $-17.79M | $-17.91M |
| Income Tax Expense | $1.00K | $1.00K | $2.00K | $2.00K | $1.00K | $-28.00K | $-2.36M |
| Net Income | $-6.42M | $-108.80M | $-23.31M | $-15.71M | $-20.13M | $-17.77M | $-15.54M |
| Net Margin % | -71.1% | -1858.3% | -310.4% | -223.9% | -287.5% | -213.2% | -211.3% |
| Basic EPS | -0.04 | -1.14 | -0.26 | -0.21 | -0.28 | -0.25 | -0.23 |
| Diluted EPS | -0.04 | -1.14 | -0.26 | -0.21 | -0.28 | -0.17 | -0.29 |
| Basic Shares Outstanding | 154.4M | 10.2M | 91.3M | 73.1M | 72.3M | 2.7M | 68.2M |
| Diluted Shares Outstanding | 154.4M | 10.2M | 91.3M | 73.1M | 72.3M | 2.7M | 68.2M |
| 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) |
|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $12.06M | $24.45M | $15.20M | - | $25.79M | $43.10M | $52.75M |
| Accounts Receivable | $3.83M | $3.91M | $4.45M | $4.81M | $3.94M | $4.75M | $4.25M |
| Inventory | $3.17M | $2.22M | $5.10M | $5.48M | $6.18M | $7.55M | $7.56M |
| Other Current Assets | $3.45M | $2.99M | $3.81M | $2.86M | $2.67M | $4.44M | $3.67M |
| Total Current Assets | $25.71M | $36.77M | $28.56M | $26.02M | $38.58M | $59.84M | $68.22M |
| Property Plant & Equipment | $12.37M | $12.90M | $53.20M | $56.20M | $58.14M | $57.83M | $57.31M |
| Goodwill | $6.51M | $6.51M | $6.51M | $14.56M | $14.56M | $14.56M | $14.53M |
| Intangible Assets | $11.91M | $12.56M | $13.22M | $13.88M | $14.53M | $15.24M | $15.89M |
| Other Non-current Assets | $71.00K | $71.00K | $71.00K | $74.00K | $73.00K | $72.00K | $71.00K |
| Total Assets | $57.37M | $69.74M | $102.60M | $111.88M | $127.15M | $148.92M | $157.50M |
| Deferred Revenue | $301.00K | $131.00K | $95.00K | $56.00K | $312.00K | $105.00K | $114.00K |
| Total Current Liabilities | $80.09M | $84.37M | $18.23M | $14.28M | $15.90M | $17.57M | $11.81M |
| Deferred Tax Liabilities | - | - | - | - | - | $43.35M | $43.70M |
| 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 |
| Common Stock | $154.00K | $123.00K | $99.00K | $75.00K | $72.00K | $72.00K | $72.00K |
| Retained Earnings | $-444.93M | $-438.51M | $-329.70M | $-306.40M | $-290.69M | $-270.36M | $-252.59M |
| Total Stockholders Equity | $-65.22M | $-57.09M | $41.91M | $53.77M | $67.79M | $86.24M | $100.46M |
| Total Liabilities & Equity | $57.37M | $69.74M | $102.60M | $111.88M | $127.15M | $148.92M | $157.50M |
| 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) |
|---|---|---|---|---|---|---|---|
| Net Income | $-6.42M | $-108.80M | $-59.15M | $-35.84M | $-20.13M | $-17.77M | $-15.54M |
| Depreciation & Amortization | $1.20M | $3.27M | $9.49M | $6.24M | $3.02M | $3.06M | $8.19M |
| Stock-based Compensation | $-1.70M | $-296.00K | $3.14M | $316.00K | $1.88M | $1.95M | $7.45M |
| Deferred Income Tax | - | - | - | - | - | $-29.00K | $-2.37M |
| Change in Receivables | $4.04M | $-536.00K | $-105.00K | $256.00K | $-610.00K | $506.00K | $-427.00K |
| Change in Inventory | $945.00K | $-2.88M | $-2.44M | $-2.07M | $-1.37M | $-10.00K | $3.46M |
| Operating Cash Flow | $-12.20M | $-8.11M | $-32.24M | $-24.45M | $-13.11M | $-8.70M | $-36.12M |
| 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 |
| Stock Issued | - | $1.93M | $10.41M | - | - | - | $32.03M |
| Financing Cash Flow | - | $17.22M | $10.46M | $52.00K | - | $272.00K | $32.31M |
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.