-
Revenue
$-22.65M
Net Income
-
Gross Margin
-
Op. Margin
$-19.44M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Total Revenue | - | - | - | $25.00K | $4.00K | $173.00K |
| Revenue Growth % | nan% | nan% | -100.0% | 525.0% | -97.7% | nan% |
| Cost of Revenue | $2.41M | $2.41M | $7.21M | $6.28M | $3.96M | $7.02M |
| Gross Profit | - | - | $-7.21M | $-6.26M | $-3.96M | $-6.84M |
| Gross Margin % | nan% | nan% | nan% | -25028.0% | -98875.0% | -3956.1% |
| Operating Expenses | $23.33M | $23.33M | $23.85M | $24.49M | $15.59M | $17.64M |
| Operating Income | $-23.33M | $-23.33M | $-23.85M | $-24.46M | $-15.58M | $-17.46M |
| Operating Margin % | nan% | nan% | nan% | -97856.0% | -389575.0% | -10095.4% |
| Interest Expense | $1.12M | $528.00K | $333.00K | $621.00K | $125.00K | $21.00K |
| Other Income/Expense | $686.00K | $687.00K | $-705.00K | $526.00K | $154.00K | $-726.00K |
| Income Before Tax | - | $-22.64M | $-24.55M | $-23.94M | $-15.43M | $-18.19M |
| Income Tax Expense | - | $2.00K | $3.00K | $2.00K | $2.00K | $2.00K |
| Net Income | $-22.65M | $-22.65M | $-24.55M | $-23.94M | $-15.43M | $-18.19M |
| Net Margin % | nan% | nan% | nan% | -95752.0% | -385775.0% | -10516.2% |
| Basic EPS | nan | -15.15 | -3.83 | -0.25 | -0.20 | -0.26 |
| Basic Shares Outstanding | - | 1.5M | 6.4M | 93.9M | 75.8M | 70.0M |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $10.81M | $4.08M | $16.52M | $7.08M | $8.14M |
| Accounts Receivable | - | - | $67.00K | $12.00K | $269.00K |
| Inventory | $244.00K | $251.00K | $929.00K | $278.00K | $123.00K |
| Other Current Assets | $282.00K | $214.00K | $181.00K | $263.00K | $356.00K |
| Total Current Assets | $13.40M | $4.64M | $18.30M | $23.21M | $12.44M |
| Property Plant & Equipment | $5.76M | $16.47M | $10.35M | $7.34M | $2.37M |
| Intangible Assets | $76.00K | $146.00K | $281.00K | $461.00K | $640.00K |
| Long-term Investments | - | - | - | $2.00M | $1.50M |
| Other Non-current Assets | $462.00K | $5.10M | $4.67M | $489.00K | $796.00K |
| Total Assets | $19.71M | $26.36M | $33.60M | $33.50M | $33.27M |
| Accounts Payable | $547.00K | $1.23M | $1.84M | $1.07M | $685.00K |
| Accrued Liabilities | $3.57M | $3.13M | $2.47M | $1.78M | $3.00M |
| Total Current Liabilities | $4.43M | $8.18M | $4.61M | $12.31M | $4.08M |
| Total Liabilities | $4.94M | $10.12M | $7.54M | $12.59M | $5.74M |
| Common Stock | $3.00K | $8.00K | $108.00K | $79.00K | $70.00K |
| Retained Earnings | $-270.42M | $-247.77M | $-223.22M | $-199.28M | $-183.85M |
| Total Stockholders Equity | $14.77M | $16.24M | $26.06M | $20.92M | $27.53M |
| Total Liabilities & Equity | $19.71M | $26.36M | $33.60M | $33.50M | $33.27M |
| Breakdown | TTM (Dec 31, 2025) |
FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|---|---|
| Net Income | $-22.65M | $-22.65M | $-24.55M | $-23.94M | $-15.43M | $-18.19M |
| Stock-based Compensation | $4.02M | $2.27M | $2.74M | $2.53M | $2.25M | $2.20M |
| Change in Receivables | $128.00K | - | $-67.00K | $55.00K | $-120.00K | $237.00K |
| Change in Inventory | $-19.00K | $-7.00K | $-396.00K | $651.00K | $155.00K | $-822.00K |
| Change in Payables | $-306.00K | $-261.00K | $-21.00K | $139.00K | $22.00K | $8.00K |
| Operating Cash Flow | $-18.30M | $-10.25M | $-13.63M | $-3.19M | $-10.15M | $-7.62M |
| Capital Expenditure | $1.14M | $425.00K | $7.92M | $5.60M | $4.77M | $2.35M |
| Purchases of Investments | - | - | - | - | $500.00K | $232.00K |
| Investing Cash Flow | $7.46M | $2.90M | $-11.64M | $-9.81M | $-3.42M | $-2.23M |
| Stock Issued | - | - | $5.01M | $3.79M | $6.52M | $10.17M |
| Financing Cash Flow | $12.94M | $14.09M | $12.82M | $22.45M | $12.51M | $11.45M |
| Net Change in Cash | $2.10M | $6.73M | $-12.44M | $9.44M | $-1.05M | $1.60M |
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 | |
| Cost of Revenue | $576.00K | $1.62M | $2.08M | $6.20M |
| Operating Expenses | $3.06M | $5.21M | $18.78M | $17.16M |
| Operating Income | $-3.06M | $-5.21M | $-18.78M | $-17.16M |
| Interest Expense | $12.00K | $83.00K | $520.00K | $249.00K |
| Other Income/Expense | $-56.00K | $1.00K | $576.00K | $56.00K |
| Income Before Tax | $-3.12M | $-5.21M | $-18.20M | $-17.11M |
| Net Income | $-3.12M | $-5.21M | $-18.21M | $-17.11M |
| Basic EPS | -2.19 | -7.64 | -17.35 | -27.73 |
| Basic Shares Outstanding | $1.43M | $681.62K | $1.05M | $617.15K |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $3.59M | $4.08M |
| Inventory | $244.00K | $251.00K |
| Other Current Assets | $137.00K | $214.00K |
| Total Current Assets | $3.97M | $4.64M |
| Property Plant & Equipment | $5.91M | $16.47M |
| Intangible Assets | $93.00K | $146.00K |
| Other Non-current Assets | $533.00K | $5.10M |
| Total Assets | $10.50M | $26.36M |
| Accounts Payable | $718.00K | $1.23M |
| Accrued Liabilities | $2.51M | $3.13M |
| Total Current Liabilities | $3.46M | $8.18M |
| Total Liabilities | $3.98M | $10.12M |
| Common Stock | $2.00K | $1.00K |
| Retained Earnings | $-265.98M | $-247.77M |
| Total Stockholders Equity | $6.52M | $16.24M |
| Total Liabilities & Equity | $10.50M | $26.36M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-3.12M | $-5.21M | $-18.21M | $-17.11M |
| Stock-based Compensation | - | - | $1.50M | $2.16M |
| Change in Receivables | - | - | - | $419.00K |
| Change in Inventory | - | - | $-7.00K | $-330.00K |
| Change in Payables | - | - | $-96.00K | $-43.00K |
| Operating Cash Flow | - | - | $-7.65M | $-11.64M |
| Capital Expenditure | - | - | $421.00K | $7.45M |
| Investing Cash Flow | - | - | $4.97M | $-11.06M |
| Financing Cash Flow | - | - | $2.18M | $9.13M |
| Net Change in Cash | - | - | $-493.00K | $-13.57M |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.