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$86.53K
Revenue
$-520.85K
Net Income
-23.72%
Gross Margin
-699.40%
Op. Margin
$-1.06M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 6 of 6 annual reports available (2019 - 2024)
Breakdown TTM
(Sep 30, 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)
+ Total Revenue $86.53K $125.19K $166.40K $286.05K $2.13M $234.67K -
Revenue Growth % -30.9% -24.8% -41.8% -86.6% 807.8% nan% nan%
Cost of Revenue $107.06K $138.05K $108.72K $44.66K $61.93K $102.76K $163.31K
+ Gross Profit $-20.53K $-12.85K $-99.08K - - $131.91K $37.07K
Gross Margin % -23.7% -10.3% -59.5% nan% nan% 56.2% nan%
Operating Expenses $584.68K $607.97K $809.93K $1.46M $1.83M $878.05K -
Selling General & Admin - - $112.41K $136.19K $154.76K $128.02K -
+ Operating Income $-605.21K $-620.82K $-909.02K $-1.17M $298.34K $-637.18K $-809.94K
Operating Margin % -699.4% -495.9% -546.3% -410.2% 14.0% -271.5% nan%
Interest Expense - $6.00 - $82.58K $29.60K $46.66K $39.76K
Other Income/Expense $84.36K $35.49K $1.89K $-75.55K $-22.35K $-40.47K -
Income Before Tax $-520.85K $-585.33K $-907.13K $-1.25M $275.99K $-683.84K $-849.70K
Income Tax Expense - - - $4.58K $21.35K - -
+ Net Income $-520.85K $-585.33K $-907.13K $-1.25M $254.64K $-683.84K $-849.70K
Net Margin % -601.9% -467.5% -545.2% -438.2% 12.0% -291.4% nan%
Basic EPS nan 0.00 -0.01 -0.01 0.00 nan nan
Diluted EPS nan 0.00 -0.01 -0.01 nan nan nan
Basic Shares Outstanding 120.0M 120.0M 120.0M 120.0M 120.0M - -
Diluted Shares Outstanding 120.0M 120.0M 120.0M 120.0M - - -
Breakdown 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)
Cash & Cash Equivalents $193.43K $266.54K $454.98K $559.12K $824.73K $1.11M
Total Current Assets $223.88K $297.52K $502.59K $953.58K $1.53M $1.20M
Property Plant & Equipment - - $1.12K $11.32K $22.13K $31.82K
Total Assets $223.88K $319.12K $685.24K $1.32M $1.56M $1.28M
Accounts Payable $16.04K $13.53K $20.59K $28.64K $18.53K $14.25K
Deferred Revenue - - $2.84K $111.39K $1.59M -
Total Current Liabilities $3.79M $3.45M $2.96M $2.44M $3.13M $2.05M
Total Liabilities $3.84M $3.45M $2.96M $2.60M $3.13M $2.05M
Common Stock $12.00K $12.00K $12.00K $12.00K $12.00K $12.00K
Retained Earnings $-5.32M $-4.74M $-3.83M $-2.58M $-2.83M $-2.15M
Total Stockholders Equity $-3.62M $-3.13M $-2.28M $-1.29M $-1.57M $-771.84K
Total Liabilities & Equity $223.88K $319.12K $685.24K $1.32M $1.56M $1.28M
Breakdown TTM
(Sep 30, 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)
Net Income $-520.85K $-585.33K $-907.13K $-1.25M $254.64K $-683.84K $-849.70K
Change in Receivables - - - - - - $-44.95K
Change in Payables $21.66K $2.93K $-6.54K $-5.90K $9.45K $4.28K $4.18K
Operating Cash Flow $-1.06M $-620.93K $-1.10M $-1.13M $-1.44M $996.95K $-297.63K
Capital Expenditure - - - - - $1.35K $37.46K
Investing Cash Flow - - - - - $-1.35K $-37.46K
Financing Cash Flow $1.10M $535.02K $938.28K $1.01M $1.17M $-1.16M $650.20K
Net Change in Cash $-5.52K $-73.11K $-188.44K $-104.14K $-265.61K $-281.69K $310.80K
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 $27.89K - $67.04K -
Cost of Revenue $24.65K - $73.42K -
Gross Profit $3.24K - $-6.38K -
Operating Expenses $126.14K - $410.41K -
Operating Income $-122.90K - $-416.80K -
Interest Expense - - - -
Other Income/Expense $53.73K - $84.35K -
Income Before Tax $-69.17K - $-332.45K -
Income Tax Expense - - - -
Net Income $-69.17K $-157.14K $-332.45K -
Basic Shares Outstanding $119.96M - $119.96M -
Diluted Shares Outstanding $119.96M - $119.96M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $174.15K $193.43K
Total Current Assets $194.98K $223.88K
Property Plant & Equipment - -
Total Assets $194.98K $223.88K
Accounts Payable $23.95K $16.04K
Total Current Liabilities $79.26K $95.40K
Total Liabilities $4.24M $3.84M
Common Stock $12.00K $12.00K
Retained Earnings $-5.66M $-5.32M
Total Stockholders Equity $-4.05M $-3.62M
Total Liabilities & Equity $194.98K $223.88K
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $-69.17K $-157.14K $-332.45K -
Change in Payables - - $7.41K -
Operating Cash Flow - - $-340.38K -
Financing Cash Flow - - $372.42K -
Net Change in Cash - - $-19.28K -

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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