$1.19M
Revenue
$-20.52M
Net Income
53.85%
Gross Margin
-1379.08%
Op. Margin
$-8.26M
Free Cash Flow
| Breakdown | TTM (Sep 30, 2025) |
FY 2022 (Dec 31, 2022) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
|---|---|---|---|---|
| Total Revenue | $1.19M | $6.78M | - | - |
| Revenue Growth % | -82.5% | nan% | nan% | nan% |
| Cost of Revenue | $547.11K | $4.31M | - | - |
| Gross Profit | $638.33K | $2.47M | - | - |
| Gross Margin % | 53.8% | 36.4% | nan% | nan% |
| Operating Expenses | $16.99M | $58.26M | $1.10M | $699.33K |
| Operating Income | $-16.35M | $-55.79M | $-1.10M | $-699.33K |
| Operating Margin % | -1379.1% | -823.0% | nan% | nan% |
| Interest Expense | - | $483.58K | - | - |
| Interest Income | - | - | $4.32M | $2.47M |
| Other Income/Expense | $64.21K | $-3.72M | $4.32M | $2.48M |
| Income Before Tax | $-20.88M | $-60.28M | $3.22M | $1.78M |
| Income Tax Expense | - | $104.36K | $690.82K | $374.64K |
| Net Income | $-20.52M | $-60.00M | $2.53M | $1.40M |
| Net Margin % | -1731.2% | -885.1% | nan% | nan% |
| Basic EPS | -4.45 | -1.19 | nan | nan |
| Diluted Shares Outstanding | 3.7M | 50.4M | - | - |
| Breakdown | FY 2022 (Dec 31, 2022) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
|---|---|---|---|
| Cash & Cash Equivalents | $102.77K | $55.46K | $1.26M |
| Accounts Receivable | $208.65K | - | - |
| Other Current Assets | $718.55K | - | - |
| Total Current Assets | $20.44M | $158.38K | $1.32M |
| Property Plant & Equipment | $108.08K | - | - |
| Goodwill | $19.59M | - | - |
| Intangible Assets | $23.98M | - | - |
| Total Assets | $79.38M | $74.54M | $209.07M |
| Deferred Revenue | $464.29K | - | - |
| Other Current Liabilities | $625.03K | - | - |
| Total Current Liabilities | $17.56M | $1.02M | $958.31K |
| Total Liabilities | $17.56M | $6.05M | $5.99M |
| Common Stock | $50.54K | $7.15K | $7.07K |
| Retained Earnings | $-208.19M | $3.93M | $1.40M |
| Total Stockholders Equity | $59.42M | $5.00M | $5.00M |
| Total Liabilities & Equity | $79.38M | $74.54M | $209.07M |
| Breakdown | TTM (Sep 30, 2025) |
FY 2022 (Dec 31, 2022) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
|---|---|---|---|---|
| Net Income | $-27.12M | $-60.00M | $2.53M | $1.40M |
| Depreciation & Amortization | $10.82M | $5.60M | - | - |
| Stock-based Compensation | - | $27.95M | - | - |
| Deferred Income Tax | - | - | $-851.00 | $851.00 |
| Change in Receivables | $725.37K | $129.47K | - | - |
| Operating Cash Flow | $-8.26M | $-31.27M | $-1.53M | $-603.66K |
| Capital Expenditure | - | $127.27K | - | - |
| Purchases of Investments | - | - | $500.00K | $205.28M |
| Investing Cash Flow | - | $-1.25M | $137.70M | $-205.28M |
| Stock Issued | - | - | - | $196.22M |
| Financing Cash Flow | $12.58M | $-15.66K | $-137.38M | $206.99M |
| Net Change in Cash | $106.94K | $-32.54M | $-1.20M | $1.11M |
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 | $137.68K | - | $553.29K | - |
| Cost of Revenue | $204.87K | - | $530.07K | - |
| Gross Profit | $-67.19K | - | $23.22K | - |
| Operating Expenses | $4.49M | - | $12.01M | - |
| Operating Income | $-4.56M | - | $-11.98M | - |
| Interest Expense | - | - | - | - |
| Other Income/Expense | $19.34K | - | $107.95K | - |
| Income Before Tax | $-4.60M | - | $-11.88M | - |
| Income Tax Expense | $4.37K | - | $12.66K | - |
| Net Income | $-4.44M | - | $-11.73M | - |
| Basic EPS | -1.19 | - | -3.86 | - |
| Diluted EPS | -1.19 | - | -3.86 | - |
| Basic Shares Outstanding | $3.73M | - | $3.04M | - |
| Diluted Shares Outstanding | $3.73M | - | $3.04M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $320.64K | $68.03K |
| Accounts Receivable | $762.12K | $494.13K |
| Other Current Assets | $3.23M | $880.96K |
| Total Current Assets | $18.73M | $15.89M |
| Property Plant & Equipment | $1.83K | $12.12K |
| Goodwill | $9.06M | $9.06M |
| Intangible Assets | $30.51M | $12.57M |
| Other Non-current Assets | $12.88M | $12.91M |
| Total Assets | $73.43M | $52.94M |
| Deferred Revenue | $169.64K | $250.00K |
| Other Current Liabilities | $2.07M | $2.42M |
| Total Current Liabilities | $29.95M | $30.40M |
| Total Liabilities | $29.95M | $30.40M |
| Common Stock | $4.39K | $18.33K |
| Retained Earnings | $-275.44M | $-263.47M |
| Total Stockholders Equity | $32.89M | $20.48M |
| Total Liabilities & Equity | $73.43M | $52.94M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-4.44M | - | $-11.73M | - |
| Depreciation & Amortization | $1.18M | - | $3.29M | - |
| Change in Receivables | - | - | $267.99K | - |
| Operating Cash Flow | - | - | $-6.39M | - |
| Purchases of Investments | - | - | - | - |
| Investing Cash Flow | - | - | $-2.10M | - |
| Stock Issued | - | - | $4.48M | - |
| Stock Repurchased | - | - | $177.10K | - |
| Financing Cash Flow | - | - | $8.81M | - |
| Net Change in Cash | - | - | $260.17K | - |
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.