$1.36M
Revenue
$-6.54M
Net Income
27.42%
Gross Margin
-448.61%
Op. Margin
$-3.30M
Free Cash Flow
| Breakdown | FY 2024 (Dec 31, 2024) |
|---|---|
| Total Revenue | $1.36M |
| Revenue Growth % | nan% |
| Cost of Revenue | $990.00K |
| Gross Profit | $374.00K |
| Gross Margin % | 27.4% |
| Operating Expenses | $6.49M |
| Research & Development | $1.27M |
| Operating Income | $-6.12M |
| Operating Margin % | -448.6% |
| Net Income | $-6.54M |
| Net Margin % | -479.1% |
| Breakdown | FY 2024 (Dec 31, 2024) |
|---|---|
| Cash & Cash Equivalents | $52.00K |
| Accounts Receivable | $196.00K |
| Inventory | $249.00K |
| Other Current Assets | $38.00K |
| Total Current Assets | $535.00K |
| Property Plant & Equipment | $80.00K |
| Intangible Assets | - |
| Total Assets | $615.00K |
| Accounts Payable | $629.00K |
| Accrued Liabilities | - |
| Deferred Revenue | $489.00K |
| Total Current Liabilities | $1.12M |
| Total Liabilities | $1.12M |
| Retained Earnings | $-40.86M |
| Total Stockholders Equity | $-503.00K |
| Total Liabilities & Equity | $615.00K |
| Breakdown | FY 2024 (Dec 31, 2024) |
|---|---|
| Net Income | $-6.54M |
| Depreciation & Amortization | $72.00K |
| Stock-based Compensation | $2.04M |
| Change in Receivables | $-155.00K |
| Change in Payables | $601.00K |
| Operating Cash Flow | $-3.28M |
| Capital Expenditure | $27.00K |
| Investing Cash Flow | $-27.00K |
| Financing Cash Flow | $-685.00K |
| Net Change in Cash | $-3.99M |
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 | $1.45M | $390.00K | $3.28M | $924.00K |
| Cost of Revenue | $731.00K | $326.00K | $1.82M | $768.00K |
| Gross Profit | $720.00K | $64.00K | $1.45M | $156.00K |
| Operating Expenses | $2.70M | $1.65M | $7.79M | $5.10M |
| Research & Development | $446.00K | $327.00K | $1.43M | $1.05M |
| Operating Income | $-1.98M | $-1.58M | $-6.34M | $-4.95M |
| Net Income | $-2.06M | $-1.72M | $-6.63M | $-5.29M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $6.40M | $52.00K |
| Accounts Receivable | $1.39M | $196.00K |
| Inventory | $322.00K | $249.00K |
| Other Current Assets | $295.00K | $38.00K |
| Total Current Assets | $8.41M | $535.00K |
| Property Plant & Equipment | $276.00K | $80.00K |
| Intangible Assets | - | - |
| Total Assets | $8.69M | $615.00K |
| Accounts Payable | $199.00K | $629.00K |
| Accrued Liabilities | $174.00K | - |
| Deferred Revenue | $1.36M | $489.00K |
| Total Current Liabilities | $1.89M | $1.12M |
| Total Liabilities | $1.89M | $1.12M |
| Retained Earnings | $-47.48M | $-40.86M |
| Total Stockholders Equity | $6.79M | $-503.00K |
| Total Liabilities & Equity | $8.69M | $615.00K |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-2.06M | $-1.72M | $-6.63M | $-5.29M |
| Depreciation & Amortization | - | - | $60.00K | $55.00K |
| Stock-based Compensation | - | - | $1.81M | $1.32M |
| Change in Receivables | - | - | $1.19M | $-161.00K |
| Change in Payables | - | - | $-429.00K | $75.00K |
| Operating Cash Flow | - | - | $-5.66M | $-3.31M |
| Capital Expenditure | - | - | $256.00K | $21.00K |
| Investing Cash Flow | - | - | $-256.00K | $-21.00K |
| Stock Issued | - | - | $105.00K | $6.00K |
| Financing Cash Flow | - | - | $12.27M | $-261.00K |
| Net Change in Cash | - | - | $6.35M | $-3.60M |
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.