$39.77M
Revenue
$-33.06M
Net Income
45.31%
Gross Margin
3.93%
Op. Margin
$1.57M
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 | $13.56M | $12.81M | $10.08M | $3.32M | $4.76M | $15.50M | $14.91M | $15.11M | $18.78M | $19.39M | $15.40M | $9.49M | $14.47M |
| Revenue Growth % (YoY) | 185.0% | -17.4% | -32.4% | -78.0% | -74.7% | -20.1% | -3.2% | 59.2% | 29.8% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $6.90M | $6.13M | $4.87M | $3.85M | $2.00M | $8.76M | $9.33M | $-25.14M | $10.74M | $12.47M | $9.57M | $8.12M | $-9.60M |
| Gross Profit | $6.67M | $6.68M | $5.21M | $-533.56K | $2.76M | $6.74M | $5.59M | $40.25M | $8.04M | $6.92M | $5.84M | $1.37M | $24.07M |
| Gross Margin % | 49.1% | 52.2% | 51.7% | -16.1% | 57.9% | 43.5% | 37.5% | 266.4% | 42.8% | 35.7% | 37.9% | 14.5% | 166.3% |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | $14.13M | $15.98M |
| Operating Income | $2.63M | $2.47M | $-98.62K | $-3.44M | $-3.41M | $-2.54M | $-3.11M | $-18.24M | $-787.12K | $-832.10K | $-77.83K | $-4.64M | $-1.51M |
| Operating Margin % | 19.4% | 19.3% | -1.0% | -103.6% | -71.7% | -16.4% | -20.9% | -120.7% | -4.2% | -4.3% | -0.5% | -48.9% | -10.4% |
| Interest Expense | $54.93K | $17.29K | $9.27K | $189.61K | $4.40M | $1.43M | $1.32M | $1.70M | $5.70M | $2.23M | $1.82M | $880.12K | $1.88M |
| Other Income/Expense | $-89.88K | $9.60K | $727.00 | $13.46K | $-1.29M | $47.77K | $-19.93K | $-78.16K | $-187.20K | $18.80K | $33.17K | $-14.88K | $-4.06M |
| Income Before Tax | $33.20M | $24.52M | $-299.37K | $-87.24M | $-5.91M | $-5.15M | $-11.06M | $-22.69M | $-6.26M | - | - | $-5.52M | $-5.57M |
| Income Tax Expense | $579.00K | $840.00K | $-72.00K | $49.00K | $-357.00K | $-243.25K | $98.00K | $133.85K | $-403.31K | $931.32K | $-270.00K | $-266.00K | $-1.09M |
| Net Income | $32.28M | $22.60M | $-403.10K | $-87.54M | $2.81M | $-4.88M | $-10.40M | $-21.52M | $-5.83M | $-3.77M | $1.05M | $-5.07M | $-4.07M |
| Net Margin % | 238.0% | 176.5% | -4.0% | -2637.0% | 59.1% | -31.5% | -69.7% | -142.4% | -31.0% | -19.4% | 6.8% | -53.4% | -28.1% |
| Basic EPS | 0.87 | 0.71 | -0.02 | 355.44 | 61.95 | -9.40 | -4.38 | -76.09 | -3.01 | -0.76 | nan | -0.28 | -4.51 |
| Diluted EPS | 0.09 | 0.15 | -0.02 | 355.44 | 0.21 | -9.40 | -4.38 | -76.09 | -3.01 | -0.76 | -0.20 | -0.28 | -4.51 |
| Basic Shares Outstanding | 37.1M | 31.9M | 26.3M | 2.6M | 45K | 520K | 2.4M | -444K | 2.0M | 5.9M | - | 568K | 3.0M |
| Diluted Shares Outstanding | 357.7M | 156.3M | 26.3M | 2.6M | 13.3M | 520K | 2.4M | -444K | 2.0M | 5.9M | 4.4M | 568K | 3.0M |
| 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 | $2.19M | $1.03M | $1.11M | $2.50M | $1.52M | $800.99K | $577.61K | $766.41K | $2.06M | $559.65K | $2.30M | $1.08M | $1.58M |
| Accounts Receivable | $7.01M | $9.16M | $5.15M | $5.83M | $1.83M | $7.63M | $6.13M | $7.55M | $7.77M | $8.72M | $7.48M | $5.22M | $5.34M |
| Inventory | $17.61K | $11.83K | $11.83K | $474.65K | $684.89K | $6.73M | $7.68M | $9.00M | $13.96M | $13.14M | $14.03M | $4.18M | $4.76M |
| Other Current Assets | $595.45K | $637.72K | $451.88K | $568.52K | $703.06K | $1.20M | $1.55M | $1.04M | $1.27M | $1.66M | $399.12K | $379.88K | $128.46K |
| Total Current Assets | $15.99M | $14.83M | $11.74M | $12.63M | $13.49M | $16.43M | $16.00M | $18.71M | $25.37M | $24.42M | $24.55M | $11.23M | $12.94M |
| Property Plant & Equipment | $866.98K | $968.50K | $1.02M | $1.12M | $743.24K | $1.35M | $1.58M | $1.90M | $2.21M | $2.19M | $2.29M | $1.89M | $2.05M |
| Goodwill | $5.31M | $5.31M | $5.31M | $5.31M | - | $9.05M | $9.81M | $9.81M | $19.45M | $19.45M | $19.45M | $19.45M | $19.45M |
| Intangible Assets | $11.80M | $12.04M | $12.28M | $12.52M | $2.02M | $4.13M | $4.78M | $4.97M | $9.20M | $9.56M | $9.93M | $9.99M | $10.35M |
| Long-term Investments | - | - | - | - | - | - | $153.74K | - | - | - | - | - | - |
| Other Non-current Assets | - | - | - | - | - | - | - | - | $153.74K | $157.00K | $157.00K | $82.20K | - |
| Total Assets | $35.91M | $34.85M | $32.31M | $33.65M | $16.90M | $34.42M | $35.88M | $39.37M | $60.70M | $58.28M | $59.04M | $45.48M | $47.92M |
| Deferred Revenue | $476.16K | $1.03M | $1.08M | $1.20M | $427.89K | $2.14M | $2.74M | $5.45M | $1.91M | $2.90M | $1.96M | $3.06M | - |
| Other Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | $582.34K |
| Total Current Liabilities | $70.38M | $102.17M | $122.76M | $124.56M | $19.34M | $38.52M | $33.14M | $28.14M | $24.75M | $28.07M | $25.79M | $14.16M | $11.11M |
| Total Liabilities | $76.71M | $107.95M | $127.87M | $130.11M | $43.17M | $64.95M | $64.15M | $59.41M | $58.21M | $57.01M | $53.76M | $42.59M | $39.57M |
| Common Stock | $38.21K | $32.30K | $26.54K | $25.40K | $46.00 | $614.00 | $4.50K | $916.00 | $3.09K | $7.02K | $4.66K | $4.08K | $4.08K |
| Retained Earnings | $-120.84M | $-153.04M | $-175.57M | $-175.10M | $-87.49M | $-90.24M | $-85.36M | $-74.84M | $-53.26M | $-47.27M | $-42.80M | $-41.92M | $-36.65M |
| Total Stockholders Equity | $-38.84M | $-71.18M | $-93.70M | $-94.62M | $-24.47M | $-29.22M | $-27.00M | $-18.73M | $2.49M | $1.24M | $5.06M | $2.60M | $7.87M |
| Total Liabilities & Equity | $35.91M | $34.85M | $32.31M | $33.65M | $16.90M | $34.42M | $35.88M | $39.37M | $60.70M | $58.28M | $59.04M | $45.48M | $47.92M |
| 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 | $32.28M | $22.20M | $-403.10K | $-87.54M | $-12.46M | $-15.28M | $-10.40M | $-21.52M | $-8.49M | $-2.66M | $1.05M | $-5.07M | $-4.07M |
| Depreciation & Amortization | $1.07M | $703.45K | $351.39K | $148.33K | $507.32K | $845.93K | $424.46K | $422.31K | $1.82M | $1.19M | $573.61K | $510.35K | $1.53M |
| Deferred Income Tax | $53.00K | $-506.00K | $-368.00K | $-24.00K | $-49.00K | $-84.00K | - | $205.00K | - | - | - | - | - |
| Change in Receivables | $1.65M | $3.80M | $-211.86K | $-547.44K | $130.48K | $166.00K | $-1.33M | $-200.74K | $676.18K | - | - | $-120.45K | $1.96M |
| Change in Inventory | $-924.00 | $-6.70K | $-6.70K | $-86.87K | $-710.13K | $-826.33K | $118.77K | $-651.20K | $-104.18K | $-968.90K | $-117.41K | $-534.58K | $-670.70K |
| Operating Cash Flow | $2.99M | $954.62K | $755.75K | $-3.14M | $-9.48M | $-3.91M | $-3.54M | $-1.84M | $-5.70M | $-2.55M | $-1.85M | $-154.19K | $-3.98M |
| Capital Expenditure | $109.34K | $89.98K | $18.24K | - | - | - | - | $10.68K | $230.15K | $224.78K | $63.44K | $747.00 | $255.93K |
| Acquisitions | - | - | - | - | - | - | - | $-19.02K | $3.67M | $3.67M | $3.67M | - | - |
| Purchases of Investments | - | - | - | - | - | - | - | - | - | $404.00 | $302.00 | $354.00 | $527.00 |
| Investing Cash Flow | $-896.08K | $-880.52K | $43.76K | $-16.61M | $17.50M | - | - | $7.64K | $-3.90M | $-3.90M | $-3.73M | $18.53K | $-178.94K |
| Stock Issued | - | - | - | - | - | - | - | - | - | $3.55M | $3.55M | - | $5.15M |
| Dividends Paid | - | - | - | - | - | - | - | - | - | - | - | - | $1.09M |
| Financing Cash Flow | $-3.23M | $-2.37M | $-2.16M | $13.20M | $2.03M | $3.96M | $3.37M | $545.00K | $10.58M | $5.92M | $6.80M | $-369.48K | $4.36M |
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 | $13.56M | - | $36.45M | - |
| Cost of Revenue | $6.90M | - | $17.90M | - |
| Operating Income | $2.63M | - | $5.00M | - |
| Interest Expense | $1.09M | - | $54.93K | - |
| Other Income/Expense | $-89.88K | - | $-79.56K | - |
| Income Before Tax | $33.20M | - | $57.42M | - |
| Income Tax Expense | $579.00K | - | $1.35M | - |
| Net Income | $32.28M | $-4.91M | $54.48M | - |
| Basic EPS | 0.87 | - | 1.70 | - |
| Diluted EPS | 0.09 | - | 0.16 | - |
| Basic Shares Outstanding | $37.12M | - | $31.83M | - |
| Diluted Shares Outstanding | $357.66M | - | $349.89M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $2.19M | $2.46M |
| Accounts Receivable | $7.01M | $5.36M |
| Inventory | $17.61K | $18.53K |
| Other Current Assets | $595.45K | $478.39K |
| Total Current Assets | $15.99M | $12.63M |
| Property Plant & Equipment | $866.98K | $1.12M |
| Goodwill | $5.31M | $5.31M |
| Intangible Assets | $11.80M | $12.52M |
| Total Assets | $35.91M | $33.65M |
| Deferred Revenue | $476.16K | $1.20M |
| Total Current Liabilities | $70.38M | $124.56M |
| Total Liabilities | $76.71M | $130.11M |
| Common Stock | $38.21K | $25.40K |
| Retained Earnings | $-120.84M | $-175.10M |
| Total Stockholders Equity | $-38.84M | $-94.62M |
| Total Liabilities & Equity | $35.91M | $33.65M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $32.28M | $-4.91M | $54.48M | - |
| Depreciation & Amortization | $362.67K | - | $1.07M | - |
| Deferred Income Tax | - | - | $53.00K | - |
| Change in Receivables | - | - | $1.65M | - |
| Change in Inventory | - | - | $-924.00 | - |
| Operating Cash Flow | - | - | $2.99M | - |
| Capital Expenditure | - | - | $109.34K | - |
| Investing Cash Flow | - | - | $-896.08K | - |
| Financing Cash Flow | - | - | $-3.23M | - |
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.