$1.19M
Revenue
$-20.52M
Net Income
53.85%
Gross Margin
-1379.08%
Op. Margin
$-8.26M
Free Cash Flow
| Breakdown | Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q3 2024 (Sep 30, 2024) |
Q2 2023 (Jun 30, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|
| Total Revenue | $137.68K | $191.76K | $200.66K | $655.34K | $551.72K | $711.48K |
| Revenue Growth % (YoY) | -31.4% | nan% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $204.87K | $162.73K | $83.83K | $95.68K | $77.50K | $271.26K |
| Gross Profit | $-67.19K | $29.03K | $116.83K | $559.66K | $474.21K | $440.21K |
| Gross Margin % | -48.8% | 15.1% | 58.2% | 85.4% | 86.0% | 61.9% |
| Operating Expenses | $4.49M | $3.98M | $3.75M | $4.77M | $3.92M | $6.51M |
| Operating Income | $-4.56M | $-3.95M | $-3.63M | $-4.22M | $-3.44M | $-6.07M |
| Operating Margin % | -3308.9% | -2058.5% | -1808.9% | -643.2% | -624.3% | -852.5% |
| Other Income/Expense | $19.34K | $24.03K | $20.43K | $399.00 | $225.01K | $-5.01K |
| Income Before Tax | $-4.60M | $-3.99M | $-8.03M | $-4.26M | $-3.91M | $-6.07M |
| Income Tax Expense | $4.37K | $4.15K | $12.81K | - | $34.26K | $23.36K |
| Net Income | $-4.44M | $-3.88M | $-7.98M | $-4.22M | $-3.89M | $-6.00M |
| Net Margin % | -3226.2% | -2022.3% | -3979.4% | -643.6% | -705.1% | -843.6% |
| Basic EPS | -1.19 | -0.13 | -1.46 | -1.67 | -0.08 | -0.12 |
| Diluted EPS | -1.19 | -0.13 | -1.46 | -1.67 | nan | nan |
| Basic Shares Outstanding | 3.7M | 29.0M | 5.5M | 2.5M | - | - |
| Diluted Shares Outstanding | 3.7M | 29.0M | 5.5M | 2.5M | 98K | 50.4M |
| Breakdown | Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q3 2024 (Sep 30, 2024) |
Q2 2023 (Jun 30, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $320.64K | $262.57K | $60.47K | $54.36K | $102.77K | $119.36K |
| Accounts Receivable | $762.12K | $580.45K | $434.46K | $169.48K | $208.65K | $231.63K |
| Other Current Assets | $3.23M | $1.89M | $770.67K | $760.18K | $718.55K | $279.17K |
| Total Current Assets | $18.73M | $17.19M | $20.51M | $20.38M | $20.44M | $50.29M |
| Property Plant & Equipment | $1.83K | $2.66K | $13.82K | $73.58K | $108.08K | $122.64K |
| Goodwill | $9.06M | $9.06M | $7.75M | $19.59M | $19.59M | $19.59M |
| Intangible Assets | $30.51M | $11.68M | $14.99M | $21.22M | $23.98M | $25.42M |
| Other Non-current Assets | $12.88M | $12.88M | $12.88M | - | - | - |
| Total Assets | $73.43M | $53.07M | $58.40M | $76.40M | $79.38M | $110.68M |
| Deferred Revenue | $169.64K | $196.43K | $276.79K | $410.71K | $464.29K | $491.07K |
| Other Current Liabilities | $2.07M | $4.16M | $2.02M | $1.24M | $625.03K | - |
| Total Current Liabilities | $29.95M | $32.40M | $30.73M | $21.63M | $17.56M | $14.91M |
| Total Liabilities | $29.95M | $32.40M | $30.73M | $21.63M | $17.56M | $44.91M |
| Common Stock | $4.39K | $32.43K | $10.12K | $2.53K | $50.54K | $50.54K |
| Retained Earnings | $-275.44M | $-270.88M | $-254.88M | $-215.67M | $-208.19M | $-204.30M |
| Total Stockholders Equity | $32.89M | $19.83M | $25.68M | $52.51M | $59.42M | $63.31M |
| Total Liabilities & Equity | $73.43M | $53.07M | $58.40M | $76.40M | $79.38M | $110.68M |
| Breakdown | Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q3 2024 (Sep 30, 2024) |
Q2 2023 (Jun 30, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
|---|---|---|---|---|---|---|
| Net Income | $-4.44M | $-7.22M | $-7.98M | $-7.48M | $-3.89M | $-56.11M |
| Depreciation & Amortization | $3.29M | $908.04K | $3.82M | $2.80M | $1.45M | $4.15M |
| Stock-based Compensation | - | - | - | $716.70K | - | $27.95M |
| Change in Receivables | $267.99K | $86.32K | $410.22K | $-39.16K | $-22.99K | $152.45K |
| Operating Cash Flow | $-6.39M | $-2.24M | $952.75K | $-575.96K | $-30.47M | $-800.01K |
| Investing Cash Flow | $-2.10M | $-608.31K | $-884.91K | - | $-3.19K | $-1.25M |
| Stock Issued | $4.48M | $1.53M | - | - | - | - |
| Stock Repurchased | $177.10K | $261.39K | - | - | - | - |
| Financing Cash Flow | $8.81M | $3.12M | $-31.56K | $675.91K | $463.43K | $-479.10K |
| Net Change in Cash | $260.17K | $194.53K | $-299.36K | $-48.41K | $-30.02M | $-2.52M |
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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.