-
Revenue
$-6.50M
Net Income
-
Gross Margin
-
Op. Margin
$-10.55M
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) |
|---|---|---|---|---|---|
| Total Revenue | - | $116.67K | - | $65.00K | $10.00K |
| Revenue Growth % | nan% | nan% | nan% | 550.0% | nan% |
| Cost of Revenue | - | $94.78K | - | $5.20K | $800.00 |
| Gross Profit | - | $21.89K | - | $59.80K | $9.20K |
| Gross Margin % | nan% | 18.8% | nan% | 92.0% | 92.0% |
| Operating Expenses | $6.62M | $6.62M | $7.24M | $5.43M | $2.47M |
| Research & Development | $1.80M | $1.80M | $2.22M | $1.43M | $609.27K |
| Operating Income | $-6.59M | $-6.59M | $-7.24M | $-5.37M | $-2.46M |
| Operating Margin % | nan% | -5652.4% | nan% | -8257.7% | -24558.0% |
| Interest Expense | $10.11K | $5.63K | $18.16K | $79.09K | $347.14K |
| Other Income/Expense | $96.57K | $96.57K | $242.74K | $11.65K | $459.00 |
| Net Income | $-6.50M | $-6.50M | $-6.99M | $-5.36M | $-2.80M |
| Net Margin % | nan% | -5569.6% | nan% | -8239.8% | -28024.9% |
| Basic EPS | nan | -0.63 | -0.85 | -0.89 | -0.70 |
| Diluted EPS | nan | -0.63 | -0.85 | -0.89 | -0.70 |
| Basic Shares Outstanding | - | 10.3M | 8.2M | 6.0M | 4.0M |
| Diluted Shares Outstanding | - | 10.3M | 8.2M | 6.0M | 4.0M |
| Breakdown | FY 2025 (Dec 31, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
|---|---|---|---|---|
| Cash & Cash Equivalents | $2.18M | $5.44M | $2.62M | $57.67K |
| Other Current Assets | $400.45K | $111.60K | - | - |
| Total Current Assets | $2.58M | $5.55M | $2.77M | $72.67K |
| Property Plant & Equipment | $2.52K | $4.25K | $5.97K | $7.70K |
| Long-term Investments | $117.00K | - | - | - |
| Total Assets | $2.81M | $5.55M | $2.78M | $80.37K |
| Accounts Payable | $168.15K | $435.93K | $103.66K | $543.99K |
| Accrued Liabilities | $503.87K | $152.16K | $80.69K | $416.07K |
| Deferred Revenue | - | - | - | $32.00K |
| Total Current Liabilities | $672.02K | $588.09K | $184.35K | $3.14M |
| Total Liabilities | $672.02K | $588.09K | $184.35K | $3.14M |
| Common Stock | $114.00 | $91.00 | $61.00 | $40.00 |
| Retained Earnings | $-23.29M | $-16.79M | $-9.75M | $-4.40M |
| Total Stockholders Equity | $2.14M | $4.96M | $2.59M | $-3.06M |
| Total Liabilities & Equity | $2.81M | $5.55M | $2.78M | $80.37K |
| 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) |
|---|---|---|---|---|---|
| Net Income | $-8.52M | $-6.50M | $-6.99M | $-5.36M | $-2.80M |
| Stock-based Compensation | $1.79M | $1.01M | $943.65K | $631.53K | $340.15K |
| Change in Payables | $-747.32K | $-267.78K | $332.28K | $-440.34K | $475.40K |
| Operating Cash Flow | $-10.55M | $-5.52M | $-5.61M | $-6.00M | $-910.89K |
| Capital Expenditure | - | - | - | - | $8.74K |
| Investing Cash Flow | - | - | - | - | $-8.74K |
| Stock Issued | - | $2.47M | - | $7.29M | - |
| Financing Cash Flow | $2.91M | $2.37M | $8.42M | $8.57M | $967.29K |
| Net Change in Cash | $-7.64M | $-3.15M | $2.81M | $2.57M | $47.66K |
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 | $83.41K | - | $116.67K | - |
| Cost of Revenue | $68.04K | - | $94.78K | - |
| Gross Profit | $15.37K | - | $21.89K | - |
| Operating Expenses | $1.59M | - | $5.12M | - |
| Research & Development | $345.99K | - | $1.40M | - |
| Operating Income | $-1.57M | - | $-5.10M | - |
| Interest Expense | $1.54K | - | $5.01K | - |
| Other Income/Expense | $18.07K | - | $78.08K | - |
| Net Income | $-1.55M | $-1.61M | $-5.02M | - |
| Basic EPS | -0.15 | - | -0.51 | - |
| Diluted EPS | -0.15 | - | -0.51 | - |
| Basic Shares Outstanding | $10.38M | - | $9.93M | - |
| Diluted Shares Outstanding | $10.38M | - | $9.93M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $1.99M | $5.44M |
| Accounts Receivable | $58.34K | - |
| Other Current Assets | $487.02K | $111.60K |
| Total Current Assets | $2.54M | $5.55M |
| Property Plant & Equipment | $2.96K | $4.25K |
| Total Assets | $2.70M | $5.55M |
| Accounts Payable | $168.21K | $435.93K |
| Short-term Debt | $55.61K | - |
| Accrued Liabilities | $534.88K | $152.16K |
| Total Current Liabilities | $758.70K | $588.09K |
| Total Liabilities | $758.70K | $588.09K |
| Common Stock | $104.00 | $91.00 |
| Retained Earnings | $-21.81M | $-16.79M |
| Total Stockholders Equity | $1.94M | $4.96M |
| Total Liabilities & Equity | $2.70M | $5.55M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-1.55M | $-1.61M | $-5.02M | - |
| Stock-based Compensation | - | - | $856.42K | - |
| Change in Receivables | - | - | $58.34K | - |
| Change in Payables | - | - | $-267.72K | - |
| Operating Cash Flow | - | - | $-4.34M | - |
| Investing Cash Flow | - | - | - | - |
| Stock Issued | - | - | $941.39K | - |
| Financing Cash Flow | - | - | $997.00K | - |
| Net Change in Cash | - | - | $-3.34M | - |
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.