$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) |
|---|---|---|---|---|---|---|
| Total Revenue | $13.56M | $12.81M | $10.08M | $3.32M | $4.76M | $15.50M |
| Revenue Growth % (YoY) | 185.0% | -17.4% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $6.90M | $6.13M | $4.87M | $3.85M | $2.00M | $8.76M |
| Gross Profit | $6.67M | $6.68M | $5.21M | $-533.56K | $2.76M | $6.74M |
| Gross Margin % | 49.1% | 52.2% | 51.7% | -16.1% | 57.9% | 43.5% |
| Operating Income | $2.63M | $2.47M | $-98.62K | $-3.44M | $-3.41M | $-2.54M |
| Operating Margin % | 19.4% | 19.3% | -1.0% | -103.6% | -71.7% | -16.4% |
| Interest Expense | $54.93K | $17.29K | $9.27K | $189.61K | $4.40M | $1.43M |
| Other Income/Expense | $-89.88K | $9.60K | $727.00 | $13.46K | $-1.29M | $47.77K |
| Income Before Tax | $33.20M | $24.52M | $-299.37K | $-87.24M | $-5.91M | $-5.15M |
| Income Tax Expense | $579.00K | $840.00K | $-72.00K | $49.00K | $-357.00K | $-243.25K |
| Net Income | $32.28M | $22.60M | $-403.10K | $-87.54M | $2.81M | $-4.88M |
| Net Margin % | 238.0% | 176.5% | -4.0% | -2637.0% | 59.1% | -31.5% |
| Basic EPS | 0.87 | 0.71 | -0.02 | 355.44 | 61.95 | -9.40 |
| Diluted EPS | 0.09 | 0.15 | -0.02 | 355.44 | 0.21 | -9.40 |
| Basic Shares Outstanding | 37.1M | 31.9M | 26.3M | 2.6M | 45K | 520K |
| Diluted Shares Outstanding | 357.7M | 156.3M | 26.3M | 2.6M | 13.3M | 520K |
| 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) |
|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $2.19M | $1.03M | $1.11M | $2.50M | $1.52M | $800.99K |
| Accounts Receivable | $7.01M | $9.16M | $5.15M | $5.83M | $1.83M | $7.63M |
| Inventory | $17.61K | $11.83K | $11.83K | $474.65K | $684.89K | $6.73M |
| Other Current Assets | $595.45K | $637.72K | $451.88K | $568.52K | $703.06K | $1.20M |
| Total Current Assets | $15.99M | $14.83M | $11.74M | $12.63M | $13.49M | $16.43M |
| Property Plant & Equipment | $866.98K | $968.50K | $1.02M | $1.12M | $743.24K | $1.35M |
| Goodwill | $5.31M | $5.31M | $5.31M | $5.31M | - | $9.05M |
| Intangible Assets | $11.80M | $12.04M | $12.28M | $12.52M | $2.02M | $4.13M |
| Total Assets | $35.91M | $34.85M | $32.31M | $33.65M | $16.90M | $34.42M |
| Deferred Revenue | $476.16K | $1.03M | $1.08M | $1.20M | $427.89K | $2.14M |
| Total Current Liabilities | $70.38M | $102.17M | $122.76M | $124.56M | $19.34M | $38.52M |
| Total Liabilities | $76.71M | $107.95M | $127.87M | $130.11M | $43.17M | $64.95M |
| Common Stock | $38.21K | $32.30K | $26.54K | $25.40K | $46.00 | $614.00 |
| Retained Earnings | $-120.84M | $-153.04M | $-175.57M | $-175.10M | $-87.49M | $-90.24M |
| Total Stockholders Equity | $-38.84M | $-71.18M | $-93.70M | $-94.62M | $-24.47M | $-29.22M |
| Total Liabilities & Equity | $35.91M | $34.85M | $32.31M | $33.65M | $16.90M | $34.42M |
| 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) |
|---|---|---|---|---|---|---|
| Net Income | $32.28M | $22.20M | $-403.10K | $-87.54M | $-12.46M | $-15.28M |
| Depreciation & Amortization | $1.07M | $703.45K | $351.39K | $148.33K | $507.32K | $845.93K |
| Deferred Income Tax | $53.00K | $-506.00K | $-368.00K | $-24.00K | $-49.00K | $-84.00K |
| Change in Receivables | $1.65M | $3.80M | $-211.86K | $-547.44K | $130.48K | $166.00K |
| Change in Inventory | $-924.00 | $-6.70K | $-6.70K | $-86.87K | $-710.13K | $-826.33K |
| Operating Cash Flow | $2.99M | $954.62K | $755.75K | $-3.14M | $-9.48M | $-3.91M |
| Capital Expenditure | $109.34K | $89.98K | $18.24K | - | - | - |
| Investing Cash Flow | $-896.08K | $-880.52K | $43.76K | $-16.61M | $17.50M | - |
| Financing Cash Flow | $-3.23M | $-2.37M | $-2.16M | $13.20M | $2.03M | $3.96M |
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.