$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) |
FY 2020 (Sep 30, 2020) |
FY 2019 (Sep 30, 2019) |
FY 2018 (Sep 30, 2018) |
FY 2017 (Sep 30, 2017) |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $19.19M | $19.19M | $19.48M | $24.16M | $35.40M | $44.48M | $41.88M | $23.65M | $8.42M | $4.47M |
| Revenue Growth % | 0.0% | -1.5% | -19.3% | -31.8% | -20.4% | 6.2% | 77.1% | 180.9% | 88.2% | nan% |
| Cost of Revenue | $7.22M | $7.22M | $7.49M | $9.18M | $13.07M | $14.50M | $15.51M | $9.14M | $2.67M | $1.36M |
| Gross Profit | $11.97M | $11.97M | $12.00M | $14.98M | $22.34M | $29.99M | $26.37M | $14.51M | $5.75M | $3.12M |
| Gross Margin % | 62.4% | 62.4% | 61.6% | 62.0% | 63.1% | 67.4% | 63.0% | 61.4% | 68.3% | 69.7% |
| Operating Expenses | - | - | - | - | - | $49.60M | $43.95M | $29.31M | $5.63M | $3.36M |
| Operating Income | $-2.16M | $-2.16M | $-3.32M | $-22.49M | $-78.27M | $-19.62M | $-17.58M | $-14.80M | $46.83K | $-1.36M |
| Operating Margin % | -11.3% | -11.3% | -17.0% | -93.1% | -221.1% | -44.1% | -42.0% | -62.6% | 0.6% | -30.4% |
| Interest Expense | - | - | $74.64K | $6.40K | $2.36K | $2.36K | $33.69K | $39.30K | $955.00 | $500.63K |
| Other Income/Expense | - | - | - | - | $239.25K | $29.48K | - | - | - | - |
| Income Before Tax | $-2.04M | $-2.04M | $-3.70M | $-22.94M | $-70.08M | $-24.29M | $11.31M | $-47.79M | $-1.80M | - |
| Income Tax Expense | - | - | - | - | - | $-895.00K | $-1.35M | $-2.36M | $16.00K | $25.00K |
| Net Income | $-2.04M | $-2.04M | $-3.70M | $-22.94M | $-70.08M | $-23.39M | $12.60M | $-51.36M | $62.83K | $-1.39M |
| Net Margin % | -10.6% | -10.6% | -19.0% | -95.0% | -198.0% | -52.6% | 30.1% | -217.1% | 0.7% | -31.0% |
| Basic EPS | -1.86 | -1.09 | -1.79 | -13.32 | -1.24 | -0.47 | 0.28 | -2.82 | -0.05 | nan |
| Diluted EPS | nan | nan | nan | -13.32 | -1.24 | -0.47 | 0.28 | 0.00 | 0.00 | nan |
| Basic Shares Outstanding | 4.6M | 4.0M | 4.3M | 2.0M | 59.8M | 54.9M | 44.1M | 17.9M | 7.7M | - |
| Diluted Shares Outstanding | - | - | - | 2.0M | 59.8M | 54.9M | 45.2M | 17.9M | 7.7M | - |
| 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) |
FY 2020 (Sep 30, 2020) |
FY 2019 (Sep 30, 2019) |
FY 2018 (Sep 30, 2018) |
FY 2017 (Sep 30, 2017) |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $2.26M | $2.45M | $1.80M | $6.72M | $26.41M | $14.82M | $4.69M | $4.28M | $284.25K |
| Short-term Investments | - | - | - | - | $33.35K | $26.47K | $198.54K | $1.05M | - |
| Accounts Receivable | - | - | - | - | - | - | - | $459.00K | - |
| Inventory | - | - | - | - | - | - | - | $123.22K | $588.20K |
| 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 | $23.71M | $15.74M | $11.79M | $3.69M |
| Property Plant & Equipment | $277.38K | $454.27K | $716.58K | $823.31K | $2.56M | $3.18M | $1.72M | $53.48K | $135.48K |
| Goodwill | - | - | - | - | $56.67M | $54.67M | $54.67M | - | - |
| Intangible Assets | $2.12M | $2.89M | $3.22M | $17.83M | $23.00M | $21.64M | $21.64M | $3.17M | $3.24M |
| Total Assets | $10.42M | $10.58M | $16.20M | $40.79M | $124.88M | $110.84M | $94.52M | $15.02M | $7.07M |
| Accounts Payable | $1.17M | $1.54M | $1.91M | $2.04M | $2.98M | $2.85M | $3.02M | $473.72K | $397.60K |
| Accrued Liabilities | $735.67K | $632.67K | $1.48M | $2.06M | $2.73M | - | - | - | - |
| Deferred Revenue | $506.29K | $503.25K | $185.25K | - | - | $45.14K | - | - | - |
| Total Current Liabilities | $3.19M | $8.62M | $4.67M | $5.29M | $6.92M | $7.69M | $3.71M | $969.96K | $1.52M |
| Long-term Debt | - | - | $9.00 | $125.49K | $108.98K | $264.37K | - | - | - |
| Other Non-current Liabilities | - | - | - | - | - | $264.37K | $363.96K | $7.50K | - |
| Total Liabilities | $3.19M | $8.62M | $7.16M | $9.37M | $21.74M | $31.66M | $56.91M | $998.46K | $1.92M |
| Common Stock | $8.92K | $3.94K | $2.96K | $60.67K | $57.78K | $52.13K | $27.72K | $8.12K | $5.79K |
| Retained Earnings | $-179.44M | $-182.07M | $-174.36M | $-147.42M | $-73.34M | $-47.39M | $-59.61M | $-6.67M | $-6.26M |
| Total Stockholders Equity | $7.23M | $1.96M | $9.03M | $31.42M | $103.14M | $79.18M | $37.60M | $12.61M | $4.21M |
| Total Liabilities & Equity | $10.42M | $10.58M | $16.20M | $40.79M | $124.88M | $110.84M | $94.52M | $15.02M | $7.07M |
| 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) |
FY 2020 (Sep 30, 2020) |
FY 2019 (Sep 30, 2019) |
FY 2018 (Sep 30, 2018) |
FY 2017 (Sep 30, 2017) |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-2.49M | $-2.04M | $-3.70M | $-22.94M | $-70.08M | $-23.39M | $12.60M | $-51.36M | $62.83K | $-1.39M |
| Depreciation & Amortization | - | - | - | - | - | $1.02M | $720.75K | $289.57K | $222.55K | $71.28K |
| Stock-based Compensation | - | - | - | - | - | $1.30M | $1.90M | $2.46M | $639.63K | $56.53K |
| Change in Receivables | $795.91K | $439.56K | $-232.18K | $-278.48K | $-65.54K | $183.74K | $514.35K | $60.16K | $-499.37K | $-27.49K |
| Change in Inventory | $781.39K | $732.92K | $-766.47K | $-27.44K | $112.19K | $1.01M | $-535.15K | $-3.12M | $255.89K | $-41.22K |
| Operating Cash Flow | - | $-1.45M | $-352.79K | $-4.30M | $-14.97M | $-14.09M | $-10.66M | $15.38M | $-5.57M | $-2.33M |
| Capital Expenditure | $528.45K | $184.17K | $190.01K | $297.55K | $688.68K | $342.01K | $1.32M | $1.20M | $23.56K | $7.97K |
| Acquisitions | - | - | - | - | - | - | - | $916.55K | - | - |
| Purchases of Investments | - | - | - | - | - | - | $250.00K | - | $300.00K | - |
| Investing Cash Flow | $-528.45K | $-184.17K | $-290.01K | $702.45K | $-688.68K | $-2.55M | $-1.57M | $-2.13M | $-683.56K | $152.31K |
| Stock Issued | - | - | $50.00K | $2.48M | - | - | $16.77M | $19.01M | $10.93M | $829.50K |
| Dividends Paid | - | - | - | - | - | $2.55M | $366.85K | - | - | - |
| Financing Cash Flow | $1.45M | $1.45M | $1.30M | $-1.32M | $-4.04M | $28.23M | $22.37M | $17.92M | $10.25M | $2.43M |
| Net Change in Cash | - | - | - | - | - | $11.59M | $10.13M | $407.41K | $4.00M | $249.99K |
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.