$19.19M
Revenue
$-2.04M
Net Income
62.37%
Gross Margin
-11.27%
Op. Margin
-
Free Cash Flow
| Breakdown | TTM (Sep 30, 2025) |
FY 2025 (Sep 30, 2025) |
FY 2024 (Sep 30, 2024) |
FY 2023 (Sep 30, 2023) |
FY 2022 (Sep 30, 2022) |
FY 2021 (Sep 30, 2021) |
|---|---|---|---|---|---|---|
| Total Revenue | $19.19M | $19.19M | $19.48M | $24.16M | $35.40M | $44.48M |
| Revenue Growth % | 0.0% | -1.5% | -19.3% | -31.8% | -20.4% | nan% |
| Cost of Revenue | $7.22M | $7.22M | $7.49M | $9.18M | $13.07M | $14.50M |
| Gross Profit | $11.97M | $11.97M | $12.00M | $14.98M | $22.34M | $29.99M |
| Gross Margin % | 62.4% | 62.4% | 61.6% | 62.0% | 63.1% | 67.4% |
| Operating Expenses | - | - | - | - | - | $49.60M |
| Operating Income | $-2.16M | $-2.16M | $-3.32M | $-22.49M | $-78.27M | $-19.62M |
| Operating Margin % | -11.3% | -11.3% | -17.0% | -93.1% | -221.1% | -44.1% |
| Interest Expense | - | - | $74.64K | $6.40K | $2.36K | $2.36K |
| Other Income/Expense | - | - | - | - | $239.25K | $29.48K |
| Income Before Tax | $-2.04M | $-2.04M | $-3.70M | $-22.94M | $-70.08M | $-24.29M |
| Income Tax Expense | - | - | - | - | - | $-895.00K |
| Net Income | $-2.04M | $-2.04M | $-3.70M | $-22.94M | $-70.08M | $-23.39M |
| Net Margin % | -10.6% | -10.6% | -19.0% | -95.0% | -198.0% | -52.6% |
| Basic EPS | -1.86 | -1.09 | -1.79 | -13.32 | -1.24 | -0.47 |
| Diluted EPS | nan | nan | nan | -13.32 | -1.24 | -0.47 |
| Basic Shares Outstanding | 4.6M | 4.0M | 4.3M | 2.0M | 59.8M | 54.9M |
| Diluted Shares Outstanding | - | - | - | 2.0M | 59.8M | 54.9M |
| Breakdown | FY 2025 (Sep 30, 2025) |
FY 2024 (Sep 30, 2024) |
FY 2023 (Sep 30, 2023) |
FY 2022 (Sep 30, 2022) |
FY 2021 (Sep 30, 2021) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $2.26M | $2.45M | $1.80M | $6.72M | $26.41M |
| Short-term Investments | - | - | - | - | $33.35K |
| Other Current Assets | $277.15K | $406.67K | $750.38K | $701.95K | $1.15M |
| Total Current Assets | $6.55M | $6.39M | $8.07M | $16.01M | $36.50M |
| Property Plant & Equipment | $277.38K | $454.27K | $716.58K | $823.31K | $2.56M |
| Goodwill | - | - | - | - | $56.67M |
| Intangible Assets | $2.12M | $2.89M | $3.22M | $17.83M | $23.00M |
| Total Assets | $10.42M | $10.58M | $16.20M | $40.79M | $124.88M |
| Accounts Payable | $1.17M | $1.54M | $1.91M | $2.04M | $2.98M |
| Accrued Liabilities | $735.67K | $632.67K | $1.48M | $2.06M | $2.73M |
| Deferred Revenue | $506.29K | $503.25K | $185.25K | - | - |
| Total Current Liabilities | $3.19M | $8.62M | $4.67M | $5.29M | $6.92M |
| Long-term Debt | - | - | $9.00 | $125.49K | $108.98K |
| Total Liabilities | $3.19M | $8.62M | $7.16M | $9.37M | $21.74M |
| Common Stock | $8.92K | $3.94K | $2.96K | $60.67K | $57.78K |
| Retained Earnings | $-179.44M | $-182.07M | $-174.36M | $-147.42M | $-73.34M |
| Total Stockholders Equity | $7.23M | $1.96M | $9.03M | $31.42M | $103.14M |
| Total Liabilities & Equity | $10.42M | $10.58M | $16.20M | $40.79M | $124.88M |
| Breakdown | TTM (Sep 30, 2025) |
FY 2025 (Sep 30, 2025) |
FY 2024 (Sep 30, 2024) |
FY 2023 (Sep 30, 2023) |
FY 2022 (Sep 30, 2022) |
FY 2021 (Sep 30, 2021) |
|---|---|---|---|---|---|---|
| Net Income | $-2.49M | $-2.04M | $-3.70M | $-22.94M | $-70.08M | $-23.39M |
| Depreciation & Amortization | - | - | - | - | - | $1.02M |
| Stock-based Compensation | - | - | - | - | - | $1.30M |
| Change in Receivables | $795.91K | $439.56K | $-232.18K | $-278.48K | $-65.54K | $183.74K |
| Change in Inventory | $781.39K | $732.92K | $-766.47K | $-27.44K | $112.19K | $1.01M |
| Operating Cash Flow | - | $-1.45M | $-352.79K | $-4.30M | $-14.97M | $-14.09M |
| Capital Expenditure | $528.45K | $184.17K | $190.01K | $297.55K | $688.68K | $342.01K |
| Investing Cash Flow | $-528.45K | $-184.17K | $-290.01K | $702.45K | $-688.68K | $-2.55M |
| Stock Issued | - | - | $50.00K | $2.48M | - | - |
| Dividends Paid | - | - | - | - | - | $2.55M |
| Financing Cash Flow | $1.45M | $1.45M | $1.30M | $-1.32M | $-4.04M | $28.23M |
| Net Change in Cash | - | - | - | - | - | $11.59M |
SEC Filing Format - Data shown as it appears in the Q1 2025 (10-Q) filing
Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Total Revenue | - | $5.11M |
| Cost of Revenue | - | $1.71M |
| Gross Profit | - | $3.40M |
| Operating Income | - | $-86.27K |
| Income Before Tax | - | $15.10K |
| Net Income | - | $15.10K |
| Basic EPS | - | -1.73 |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Prior Year |
|---|---|---|
| Cash & Cash Equivalents | $2.26M | - |
| Accounts Receivable | $786.45K | - |
| Inventory | $2.95M | - |
| Other Current Assets | $277.15K | - |
| Total Current Assets | $6.55M | - |
| Property Plant & Equipment | $277.38K | - |
| Intangible Assets | $2.12M | - |
| Total Assets | $10.42M | - |
| Accounts Payable | $1.17M | - |
| Accrued Liabilities | $735.67K | - |
| Deferred Revenue | $506.29K | - |
| Total Current Liabilities | $3.19M | - |
| Total Liabilities | $3.19M | - |
| Common Stock | $8.92K | - |
| Retained Earnings | $-179.44M | - |
| Total Stockholders Equity | $7.23M | - |
| Total Liabilities & Equity | $10.42M | - |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | |
|---|---|---|
| Current | Prior Year | |
| Net Income | - | $15.10K |
| Change in Receivables | - | $288.94K |
| Change in Inventory | - | $-249.05K |
| Operating Cash Flow | - | $-317.95K |
| Capital Expenditure | - | $164.39K |
| Investing Cash Flow | - | $-164.39K |
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.