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Customize Items
$2.07M
Revenue
$-3.28M
Net Income
95.01%
Gross Margin
-
Op. Margin
$-3.00M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 9 annual reports available (2017 - 2025)
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 $2.07M $2.07M $3.01M $5.72M $5.86M $9.20M
Revenue Growth % 0.0% -31.3% -47.4% -2.3% -36.3% nan%
Cost of Revenue $103.14K $103.14K $96.24K $142.50K $463.16K $606.52K
+ Gross Profit $1.96M $1.96M $2.91M $5.58M $5.40M $8.59M
Gross Margin % 95.0% 95.0% 96.8% 97.5% 92.1% 93.4%
Operating Expenses - $4.18M $7.69M - $14.52M $14.24M
Selling General & Admin $2.04M $2.04M $3.04M $3.62M $4.58M $4.93M
+ Operating Income - $-2.11M $-4.68M $-4.15M $-8.66M $-5.04M
Operating Margin % nan% -102.3% -155.5% -72.6% -147.8% -54.8%
Interest Expense $35.09K $15.35K $26.32K $21.04K $5.92K $232.00
Other Income/Expense $-1.17M $-1.17M $-1.45M $537.76K $-22.82K $-5.37M
Income Before Tax - - $-6.13M $-3.61M $-8.07M $-10.41M
+ Net Income $-3.28M $-3.28M $-6.13M $-1.01M $-8.82M $-10.41M
Net Margin % -158.8% -158.8% -203.8% -17.7% -150.5% -113.2%
Basic EPS nan -1.16 -0.02 0.00 -0.04 -0.05
Diluted EPS nan -1.16 -0.02 0.00 -0.04 -0.05
Basic Shares Outstanding - 2.8M 281.5M 262.9M 243.4M 227.8M
Diluted Shares Outstanding - 2.8M 281.5M 262.9M 243.4M 227.8M
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 $37.14K $76.24K $247.22K - $3.29M
Accounts Receivable - - $20.86K $72.28K $86.29K
Inventory $17.96K $44.69K $133.22K $192.83K $134.93K
Other Current Assets $32.94K $56.72K $50.10K $92.94K $137.63K
Total Current Assets $1.55M $1.64M $656.16K $2.14M $3.65M
Property Plant & Equipment $74.70K $176.58K $290.75K $413.12K $350.48K
Goodwill - - - $319.96K $1.15M
Intangible Assets - - $883.85K $1.11M $3.81M
Total Assets $1.70M $2.22M $4.28M $4.58M $10.69M
Accrued Liabilities $177.20K $90.46K - - -
Deferred Revenue $25.92K $232.54K $271.77K $574.85K $72.84K
Other Current Liabilities - - $2.19K $130.07K -
Total Current Liabilities $7.01M $4.69M $2.41M $3.47M $1.92M
Long-term Debt - - - $45.00K $101.25K
Total Liabilities $7.46M $5.35M $3.48M $4.27M $3.49M
Common Stock $288.00 $28.20K $27.60K $25.59K $23.79K
Retained Earnings $-50.54M $-48.16M $-42.03M $-41.02M $-32.21M
Total Stockholders Equity $-5.76M $-3.13M $804.73K $314.45K $7.20M
Total Liabilities & Equity $1.70M $2.22M $4.28M $4.58M $10.69M
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 $-3.28M $-3.28M $-6.13M $-1.01M $-8.82M $-10.41M
Depreciation & Amortization $185.16K $101.87K $282.95K $352.03K $829.48K $827.70K
Stock-based Compensation $178.14K $158.62K $210.33K - $100.00K -
Change in Receivables - - $-20.86K $-28.92K $-36.51K $-866.00
Change in Inventory $-56.25K $-26.72K $-88.54K $-59.61K $44.63K $39.73K
Operating Cash Flow $-3.00M $-1.71M $-3.49M $-4.14M $-4.36M $-3.77M
Capital Expenditure - - $2.60K $1.50K $23.56K $19.25K
Acquisitions - - - - $313.80K -
Investing Cash Flow - $125.00K $422.40K $3.51M $-544.75K $-341.36K
Stock Issued $50.00K $30.00K $405.00K $850.00K $956.79K $6.95M
Stock Repurchased - - - - - $7.70K
Financing Cash Flow $2.72M $1.55M $2.90M $824.09K $1.68M $7.24M
Net Change in Cash - - - - $-3.23M $3.13M
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 $388.55K - $1.76M -
Cost of Revenue $9.42K - $43.21K -
Selling General & Admin $500.74K - $1.58M -
Interest Expense - - $15.35K -
Other Income/Expense $-322.21K - $-1.02M -
Income Tax Expense - - - -
Net Income $-851.80K $-1.54M $-2.60M -
Basic EPS -0.30 - -0.92 -
Diluted EPS -0.30 - -0.92 -
Basic Shares Outstanding $2.83M - $2.82M -
Diluted Shares Outstanding $2.83M - $2.82M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Inventory $31.98K $44.69K
Other Current Assets $36.56K $56.72K
Total Current Assets $1.54M $1.64M
Property Plant & Equipment $101.16K $176.58K
Total Assets $1.76M $2.22M
Deferred Revenue $47.73K $232.54K
Total Current Liabilities $6.74M $4.69M
Total Liabilities $7.20M $5.35M
Common Stock $285.00 $282.00
Retained Earnings $-50.77M $-48.16M
Total Stockholders Equity $-5.43M $-3.13M
Total Liabilities & Equity $1.76M $2.22M
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $-851.80K $-1.54M $-2.60M -
Depreciation & Amortization $20.16K - $75.42K -
Stock-based Compensation - - $65.41K -
Change in Receivables - - - -
Change in Inventory - - $-12.71K -
Operating Cash Flow - - $-1.29M -
Capital Expenditure - - - -
Investing Cash Flow - - - -
Stock Issued - - $10.00K -
Financing Cash Flow - - $1.23M -

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.

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