$2.07M
Revenue
$-3.28M
Net Income
95.01%
Gross Margin
-
Op. Margin
$-3.00M
Free Cash Flow
| 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) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $2.07M | $2.07M | $3.01M | $5.72M | $5.86M | $9.20M | $6.13M | $4.02M | $2.26M | $2.10M |
| Revenue Growth % | 0.0% | -31.3% | -47.4% | -2.3% | -36.3% | 50.0% | 52.6% | 77.9% | 7.4% | nan% |
| Cost of Revenue | $103.14K | $103.14K | $96.24K | $142.50K | $463.16K | $606.52K | $146.46K | - | - | - |
| Gross Profit | $1.96M | $1.96M | $2.91M | $5.58M | $5.40M | $8.59M | $5.99M | - | - | - |
| Gross Margin % | 95.0% | 95.0% | 96.8% | 97.5% | 92.1% | 93.4% | 97.6% | nan% | nan% | nan% |
| Operating Expenses | - | $4.18M | $7.69M | - | $14.52M | $14.24M | $9.20M | $7.23M | $5.23M | $3.89M |
| Selling General & Admin | $2.04M | $2.04M | $3.04M | $3.62M | $4.58M | $4.93M | $3.06M | $2.92M | - | - |
| Operating Income | - | $-2.11M | $-4.68M | $-4.15M | $-8.66M | $-5.04M | $-3.07M | $-3.21M | $-2.97M | $-1.79M |
| Operating Margin % | nan% | -102.3% | -155.5% | -72.6% | -147.8% | -54.8% | -50.1% | -79.8% | -131.6% | -85.2% |
| Interest Expense | $35.09K | $15.35K | $26.32K | $21.04K | $5.92K | $232.00 | $203.40K | $244.09K | $193.11K | $99.67K |
| Other Income/Expense | $-1.17M | $-1.17M | $-1.45M | $537.76K | $-22.82K | $-5.37M | $-2.68M | $-2.32M | $-2.82M | $-789.67K |
| Income Before Tax | - | - | $-6.13M | $-3.61M | $-8.07M | $-10.41M | $-5.76M | $-5.53M | $-5.79M | $-2.58M |
| Net Income | $-3.28M | $-3.28M | $-6.13M | $-1.01M | $-8.82M | $-10.41M | $-5.76M | $-5.53M | $-5.79M | $-2.58M |
| Net Margin % | -158.8% | -158.8% | -203.8% | -17.7% | -150.5% | -113.2% | -93.8% | -137.6% | -256.3% | -122.7% |
| Basic EPS | nan | -1.16 | -0.02 | 0.00 | -0.04 | -0.05 | -0.04 | -0.06 | -0.07 | -0.04 |
| Diluted EPS | nan | -1.16 | -0.02 | 0.00 | -0.04 | -0.05 | -0.04 | -0.06 | -0.07 | -0.04 |
| Basic Shares Outstanding | - | 2.8M | 281.5M | 262.9M | 243.4M | 227.8M | 142.8M | 99.1M | 78.8M | 69.6M |
| Diluted Shares Outstanding | - | 2.8M | 281.5M | 262.9M | 243.4M | 227.8M | 142.8M | 99.1M | 78.8M | 69.6M |
| 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) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $37.14K | $76.24K | $247.22K | - | $3.29M | $162.18K | $110.44K | $135.78K | $50.01K |
| Accounts Receivable | - | - | $20.86K | $72.28K | $86.29K | $87.15K | $83.25K | $114.88K | $113.35K |
| Inventory | $17.96K | $44.69K | $133.22K | $192.83K | $134.93K | $95.20K | $70.46K | - | - |
| Other Current Assets | $32.94K | $56.72K | $50.10K | $92.94K | $137.63K | $59.00K | $138.53K | - | - |
| Total Current Assets | $1.55M | $1.64M | $656.16K | $2.14M | $3.65M | $403.54K | $402.68K | $375.23K | $366.87K |
| Property Plant & Equipment | $74.70K | $176.58K | $290.75K | $413.12K | $350.48K | $437.29K | $513.79K | $42.60K | $63.38K |
| Goodwill | - | - | - | $319.96K | $1.15M | $1.15M | $71.87K | - | - |
| Intangible Assets | - | - | $883.85K | $1.11M | $3.81M | - | - | - | - |
| Total Assets | $1.70M | $2.22M | $4.28M | $4.58M | $10.69M | $8.03M | $2.55M | $427.36K | $439.78K |
| Accrued Liabilities | $177.20K | $90.46K | - | - | - | - | - | - | - |
| Deferred Revenue | $25.92K | $232.54K | $271.77K | $574.85K | $72.84K | $89.42K | - | - | - |
| Other Current Liabilities | - | - | $2.19K | $130.07K | - | - | - | - | - |
| Total Current Liabilities | $7.01M | $4.69M | $2.41M | $3.47M | $1.92M | $4.88M | $5.31M | $3.36M | $2.47M |
| Long-term Debt | - | - | - | $45.00K | $101.25K | - | - | - | - |
| Total Liabilities | $7.46M | $5.35M | $3.48M | $4.27M | $3.49M | $6.68M | $5.39M | $3.36M | $2.49M |
| Common Stock | $288.00 | $28.20K | $27.60K | $25.59K | $23.79K | $18.80K | $10.99K | $8.52K | $7.23K |
| Retained Earnings | $-50.54M | $-48.16M | $-42.03M | $-41.02M | $-32.21M | $-21.78M | $-16.03M | $-10.50M | $-4.71M |
| Total Stockholders Equity | $-5.76M | $-3.13M | $804.73K | $314.45K | $7.20M | $1.35M | $-2.84M | $-2.93M | $-2.05M |
| Total Liabilities & Equity | $1.70M | $2.22M | $4.28M | $4.58M | $10.69M | $8.03M | $2.55M | $427.36K | $439.78K |
| 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) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-3.28M | $-3.28M | $-6.13M | $-1.01M | $-8.82M | $-10.41M | $-5.76M | $-5.53M | $-5.79M | $-2.58M |
| Depreciation & Amortization | $185.16K | $101.87K | $282.95K | $352.03K | $829.48K | $827.70K | $247.37K | $73.39K | $23.78K | $23.61K |
| Stock-based Compensation | $178.14K | $158.62K | $210.33K | - | $100.00K | - | - | - | - | - |
| Change in Receivables | - | - | $-20.86K | $-28.92K | $-36.51K | $-866.00 | $-86.30K | $-31.63K | $1.53K | $-33.52K |
| Change in Inventory | $-56.25K | $-26.72K | $-88.54K | $-59.61K | $44.63K | $39.73K | $24.74K | $-1.65K | - | - |
| Operating Cash Flow | $-3.00M | $-1.71M | $-3.49M | $-4.14M | $-4.36M | $-3.77M | $-2.12M | $-2.36M | $-2.36M | $-1.62M |
| Capital Expenditure | - | - | $2.60K | $1.50K | $23.56K | $19.25K | $25.00K | $10.06K | $3.00K | $16.15K |
| Acquisitions | - | - | - | - | $313.80K | - | - | $465.00K | - | - |
| Investing Cash Flow | - | $125.00K | $422.40K | $3.51M | $-544.75K | $-341.36K | $1.81M | $-475.06K | $-3.00K | $-16.15K |
| Stock Issued | $50.00K | $30.00K | $405.00K | $850.00K | $956.79K | $6.95M | $1.19M | $1.66M | $2.63M | $848.64K |
| Stock Repurchased | - | - | - | - | - | $7.70K | - | $1.20K | - | - |
| Financing Cash Flow | $2.72M | $1.55M | $2.90M | $824.09K | $1.68M | $7.24M | $356.80K | $2.81M | $2.44M | $1.63M |
| Net Change in Cash | - | - | - | - | $-3.23M | $3.13M | $51.74K | $-25.34K | $85.77K | $-8.71K |
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.