$15.67M
Revenue
$-16.76M
Net Income
17.42%
Gross Margin
-94.27%
Op. Margin
$-18.68M
Free Cash Flow
| Breakdown | Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $3.83M | $3.89M | $3.87M | $4.08M | - | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % (YoY) | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $3.56M | $3.65M | $3.19M | $2.53M | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | $270.48K | $235.94K | $677.76K | $1.55M | - | - | - | - | - | - | - | - | - | - | - |
| Gross Margin % | 7.1% | 6.1% | 17.5% | 37.9% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% |
| Operating Expenses | $4.80M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling General & Admin | $2.72M | $4.00M | $10.78M | $255.63K | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $-4.53M | $-3.77M | $-10.10M | $3.62M | $-375.00K | $-576.48K | $-256.74K | $-286.59K | $-246.96K | $-198.71K | $-366.47K | $-325.00K | $-279.15K | $-881.76K | $-530.69K |
| Operating Margin % | -118.2% | -96.9% | -260.9% | 88.9% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% |
| Interest Expense | $712.37K | $615.39K | $178.89K | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Income/Expense | $-14.76K | $-962.00 | $-150.98K | $-180.33K | - | - | - | - | - | - | - | $950.47K | $516.30K | $159.36K | $-59.72K |
| Income Before Tax | $-3.24M | $-5.29M | $-10.25M | $1.90M | $-375.00K | $-703.70K | $408.38K | $-268.82K | $-243.62K | $-315.12K | $-134.21K | $536.90K | - | - | - |
| Income Tax Expense | - | - | - | - | - | - | - | $7.99K | $10.01K | $17.42K | $37.40K | $162.17K | - | - | - |
| Net Income | $-3.12M | $-5.29M | $-10.25M | $1.90M | $-375.00K | $-703.70K | $408.38K | $-276.81K | $-253.63K | $-332.54K | $-171.61K | $374.73K | $237.15K | $-722.40K | $-590.41K |
| Net Margin % | -81.5% | -136.1% | -264.8% | 46.6% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% | nan% |
| Basic EPS | -1.59 | -0.15 | -0.56 | -0.14 | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan |
| Diluted EPS | -1.59 | -0.15 | -0.56 | -0.09 | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan | nan |
| Basic Shares Outstanding | 2.0M | 34.8M | 18.3M | 14.5M | - | - | - | - | - | - | - | - | - | - | 9.7M |
| Diluted Shares Outstanding | 2.0M | 34.9M | 18.3M | 88.4M | - | - | - | - | - | - | - | - | - | - | 9.7M |
| Breakdown | Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $3.65M | $1.01M | $2.27M | $38.74K | - | - | - | $607.87K | $302.58K | $258.55K | $386.31K | $809.48K | $475.81K | $618.56K | $800.73K |
| Accounts Receivable | $3.10M | $4.12M | $3.94M | $10.35M | - | - | - | $7.09M | - | - | - | - | - | - | - |
| Other Current Assets | $57.14K | $54.26K | $110.88K | $99.46K | $20.25K | $40.50K | - | $9.34K | $103.71K | $188.07K | $272.44K | $268.21K | $283.08K | $297.96K | $312.83K |
| Total Current Assets | $7.04M | $5.59M | $6.72M | $10.93M | $313.72K | $148.97K | $108.47K | $117.95K | $406.29K | $446.63K | $658.75K | $1.08M | $758.89K | $916.52K | $1.11M |
| Property Plant & Equipment | - | $16.83K | $18.61K | $20.32K | - | - | - | $33.66K | - | - | - | - | - | - | - |
| Goodwill | $20.84M | $20.79M | $20.54M | $6.59M | - | - | - | $6.59M | - | - | - | - | - | - | - |
| Intangible Assets | - | $7.92K | $16.67K | $25.00K | - | - | - | $41.67K | - | - | - | - | - | - | - |
| Total Assets | $32.31M | $30.74M | $31.53M | $25.56M | $2.91M | $2.75M | $3.08M | $3.41M | $3.66M | $8.54M | $8.63M | $118.29M | $117.61M | $117.31M | $117.41M |
| Accounts Payable | $2.51M | $5.09M | $5.67M | $3.55M | - | - | - | $2.07M | - | - | - | - | - | - | - |
| Short-term Debt | - | - | - | - | - | $569.17K | $307.97K | $204.22K | $201.69K | - | - | - | - | - | - |
| Accrued Liabilities | $4.05M | $3.85M | $4.23M | $3.60M | - | - | - | $2.16M | - | - | - | - | - | - | - |
| Deferred Revenue | - | - | - | - | - | - | - | $253.90K | - | - | - | - | - | - | - |
| Other Current Liabilities | - | - | - | - | $76.00K | - | - | - | - | - | - | - | - | - | - |
| Total Current Liabilities | $16.60M | $19.99M | $21.83M | $18.74M | - | - | - | $14.11M | - | - | - | - | $941.45K | $877.53K | $259.68K |
| Total Liabilities | $16.90M | $20.29M | $22.13M | $20.18M | $3.98M | $3.44M | $2.89M | $3.31M | $3.28M | $2.97M | $2.72M | $1.24M | $941.45K | $877.53K | $259.68K |
| Common Stock | $266.00 | $4.04K | $3.21K | $1.06K | $324.00 | $324.00 | $324.00 | $324.00 | $324.00 | $324.00 | $324.00 | $324.00 | $323.00 | $324.00 | $324.00 |
| Retained Earnings | $-21.77M | $-18.65M | $-13.46M | $-3.20M | $-3.86M | $-3.49M | $-2.78M | $-3.20M | $-2.89M | $-2.55M | $-2.12M | $-1.86M | $-1.46M | $-1.32M | $-601.78K |
| Total Stockholders Equity | $19.09M | $14.01M | $12.86M | $3.47M | $-3.74M | $-3.37M | $-2.78M | $-3.20M | $-2.89M | $-2.55M | $-2.12M | $-256.39K | $141.48K | $281.70K | $1.00M |
| Total Liabilities & Equity | $32.31M | $30.74M | $31.53M | $25.56M | $2.91M | $2.75M | $3.08M | $3.41M | $3.66M | $8.54M | $8.63M | $118.29M | $117.61M | $117.31M | $117.41M |
| Breakdown | Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
Q1 2024 (Mar 31, 2024) |
Q4 2023 (Dec 31, 2023) |
Q3 2023 (Sep 30, 2023) |
Q2 2023 (Jun 30, 2023) |
Q1 2023 (Mar 31, 2023) |
Q4 2022 (Dec 31, 2022) |
Q3 2022 (Sep 30, 2022) |
Q2 2022 (Jun 30, 2022) |
Q1 2022 (Mar 31, 2022) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-3.12M | $-15.54M | $-10.25M | $1.90M | $-670.33K | $-295.32K | $408.38K | $-276.81K | $-757.78K | $-504.15K | $-171.61K | $374.73K | $237.15K | $-722.40K | $-590.41K |
| Stock-based Compensation | $3.09M | $10.53M | $9.25M | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Cash Flow | $-8.77M | $-6.30M | $-2.75M | $-859.64K | $-511.64K | $-420.87K | $-107.64K | $-293.93K | $-646.80K | $-490.93K | $-393.18K | $-191.33K | $-1.13M | $-984.35K | $-802.19K |
| Capital Expenditure | $268.00K | $174.00K | $70.00K | - | - | - | - | - | - | - | - | - | - | - | - |
| Investing Cash Flow | $1.60M | $1.70M | $1.80M | $-1.39M | $508.50K | $693.46K | $327.38K | - | $114.27M | $109.38M | $109.41M | $525.00K | $-116.15M | $-116.15M | $-116.15M |
| Stock Issued | - | $-1.00M | $-1.00M | - | - | - | - | - | - | - | - | - | - | - | - |
| Stock Repurchased | $1.00M | - | - | - | $620.64K | $620.64K | $327.38K | - | $114.33M | $109.44M | $109.44M | - | - | - | - |
| Financing Cash Flow | $10.78M | $5.58M | $3.17M | $1.65M | $39.63K | $-266.37K | $-227.38K | - | $-114.13M | $-109.44M | $-109.44M | - | $117.75M | $117.75M | $117.75M |
| Net Change in Cash | $3.61M | $973.05K | $2.23M | $-34.91K | - | - | - | $1.02M | $-506.90K | $-550.93K | $-423.18K | $333.67K | $471.90K | $614.65K | $796.81K |
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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.