$15.67M
Revenue
$-16.76M
Net Income
17.42%
Gross Margin
-94.27%
Op. Margin
$-18.68M
Free Cash Flow
| Breakdown | TTM (Sep 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
|---|---|---|---|---|
| Total Revenue | $15.67M | $17.77M | $19.35M | - |
| Revenue Growth % | -11.8% | -8.2% | nan% | nan% |
| Cost of Revenue | $12.94M | $14.14M | $16.71M | - |
| Gross Profit | $2.73M | $3.63M | $2.64M | - |
| Gross Margin % | 17.4% | 20.5% | 13.7% | nan% |
| Selling General & Admin | $17.75M | $1.22M | $2.32M | - |
| Operating Income | $-14.77M | $2.42M | $-1.10M | $-2.02M |
| Operating Margin % | -94.3% | 13.6% | -5.7% | nan% |
| Interest Expense | - | - | $501.34K | - |
| Interest Income | - | $20.21K | $372.05K | $1.57M |
| Other Income/Expense | $-347.04K | $-1.19M | $-2.42M | $1.57M |
| Income Before Tax | $-16.88M | $1.23M | $-961.77K | $-450.19K |
| Income Tax Expense | - | - | $72.82K | $250.74K |
| Net Income | $-16.76M | $1.23M | $-1.03M | $-700.92K |
| Net Margin % | -107.0% | 6.9% | -5.3% | nan% |
| Basic EPS | -2.44 | 0.08 | -0.14 | nan |
| Diluted EPS | -2.39 | 0.02 | -0.14 | nan |
| Basic Shares Outstanding | 2.0M | 15.0M | 14.8M | - |
| Diluted Shares Outstanding | 2.0M | 89.5M | 14.8M | - |
| Breakdown | FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
|---|---|---|---|
| Cash & Cash Equivalents | $38.74K | $607.87K | $809.48K |
| Accounts Receivable | $10.35M | $7.09M | - |
| Other Current Assets | $99.46K | $9.34K | $268.21K |
| Total Current Assets | $10.93M | $117.95K | $1.08M |
| Property Plant & Equipment | $20.32K | $33.66K | - |
| Goodwill | $6.59M | $6.59M | - |
| Intangible Assets | $25.00K | $41.67K | - |
| Total Assets | $25.56M | $3.41M | $118.29M |
| Accounts Payable | $3.55M | $2.07M | - |
| Short-term Debt | - | $204.22K | - |
| Accrued Liabilities | $3.60M | $2.16M | - |
| Deferred Revenue | - | $253.90K | - |
| Total Current Liabilities | $18.74M | $14.11M | - |
| Total Liabilities | $20.18M | $3.31M | $1.24M |
| Common Stock | $1.06K | $324.00 | $324.00 |
| Retained Earnings | $-3.20M | $-3.20M | $-1.86M |
| Total Stockholders Equity | $3.47M | $-3.20M | $-256.39K |
| Total Liabilities & Equity | $25.56M | $3.41M | $118.29M |
| Breakdown | TTM (Sep 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
|---|---|---|---|---|
| Net Income | $-27.01M | $1.23M | $-1.03M | $-700.92K |
| Stock-based Compensation | $22.88M | $10.00K | $327.50K | - |
| Change in Payables | - | $908.85K | $3.11M | - |
| Operating Cash Flow | $-18.68M | $-1.37M | $-940.73K | $-1.32M |
| Capital Expenditure | - | - | $12.77K | - |
| Investing Cash Flow | $3.70M | $-885.07K | $114.27M | $-115.62M |
| Stock Issued | - | - | - | $-80.00K |
| Stock Repurchased | - | - | $114.33M | - |
| Financing Cash Flow | $21.19M | $1.69M | $-114.13M | $117.75M |
| Net Change in Cash | $6.78M | $-567.08K | $511.68K | $805.57K |
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 | $3.83M | - | $11.59M | - |
| Cost of Revenue | $3.56M | - | $10.41M | - |
| Gross Profit | $270.48K | - | $1.18M | - |
| Operating Expenses | $4.80M | - | $19.58M | - |
| Selling General & Admin | $2.72M | - | $5.24M | - |
| Operating Income | $-4.53M | - | $-18.39M | - |
| Interest Expense | $712.37K | - | $1.51M | - |
| Other Income/Expense | $-14.76K | - | $-129.47K | - |
| Income Before Tax | $-3.24M | - | $-18.78M | - |
| Income Tax Expense | - | - | - | - |
| Net Income | $-3.12M | $306.09K | $-18.56M | - |
| Basic EPS | -1.59 | - | -14.82 | - |
| Diluted EPS | -1.59 | - | -14.75 | - |
| Basic Shares Outstanding | $1.97M | - | $1.25M | - |
| Diluted Shares Outstanding | $1.97M | - | $1.26M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $3.65M | $38.74K |
| Accounts Receivable | $3.10M | $10.35M |
| Other Current Assets | $57.14K | $99.46K |
| Total Current Assets | $7.04M | $10.93M |
| Property Plant & Equipment | - | $20.32K |
| Goodwill | $20.84M | $6.59M |
| Intangible Assets | - | $25.00K |
| Total Assets | $32.31M | $25.56M |
| Accounts Payable | $2.51M | $3.58M |
| Accrued Liabilities | $4.05M | $3.60M |
| Total Current Liabilities | $16.60M | $18.74M |
| Total Liabilities | $16.90M | $20.18M |
| Common Stock | $266.00 | - |
| Retained Earnings | $-21.77M | $-3.20M |
| Total Stockholders Equity | $19.09M | $3.47M |
| Total Liabilities & Equity | $32.31M | $25.56M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-3.12M | $306.09K | $-18.56M | - |
| Stock-based Compensation | - | - | $3.09M | - |
| Operating Cash Flow | - | - | $-8.77M | - |
| Capital Expenditure | - | - | $268.00K | - |
| Investing Cash Flow | - | - | $1.60M | - |
| Stock Repurchased | - | - | $1.00M | - |
| Financing Cash Flow | - | - | $10.78M | - |
| Net Change in Cash | - | - | $3.61M | - |
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.