-
Revenue
$-23.56M
Net Income
-
Gross Margin
-
Op. Margin
$-24.39M
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) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Expenses | $7.66M | $6.72M | $4.68M | $4.99M | $7.39M | $4.70M | $5.59M | $5.38M | $4.52M | $3.72M | $2.52M | $3.79M | $1.53M |
| Research & Development | $4.58M | $3.97M | $1.98M | $1.37M | $4.45M | $2.22M | $3.25M | $3.10M | $2.11M | $2.21M | $1.32M | $2.26M | $695.94K |
| Operating Income | $-7.66M | $-6.72M | $-4.68M | $-4.99M | $-7.39M | $-4.70M | $-5.59M | $-5.38M | $-4.52M | $-3.72M | $-2.52M | $-3.79M | $-1.53M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Income | $84.54K | $104.06K | $150.22K | $185.85K | $256.68K | $306.92K | $267.91K | $228.57K | $186.69K | $128.85K | $27.89K | - | - |
| Other Income/Expense | $84.54K | $104.06K | $150.22K | $185.85K | $256.68K | $306.92K | $267.91K | $228.57K | $186.69K | $128.85K | $27.89K | - | - |
| Income Before Tax | $-7.58M | $-6.61M | $-4.53M | $-4.80M | $-7.14M | $-4.40M | $-5.32M | $-5.15M | $-4.34M | $-3.59M | $-2.49M | $-3.79M | $-1.53M |
| Income Tax Expense | $7.72K | $8.91K | $9.82K | $10.79K | $11.14K | $10.27K | $8.84K | $8.09K | $6.81K | $6.35K | $5.17K | $5.26K | $1.67K |
| Net Income | $-7.59M | $-6.62M | $-4.54M | $-4.81M | $-7.15M | $-4.39M | $-5.26M | $-5.09M | $-4.28M | $-3.58M | $-2.48M | $-3.80M | $-1.54M |
| Basic EPS | -0.24 | -0.22 | -0.15 | -0.16 | -0.24 | -0.15 | -0.22 | -0.24 | -0.23 | -0.24 | -0.18 | -0.27 | -0.11 |
| Diluted EPS | -0.24 | -0.22 | -0.15 | -0.16 | -0.24 | -0.15 | -0.22 | -0.24 | -0.23 | -0.24 | nan | -0.27 | nan |
| Basic Shares Outstanding | 31.9M | 30.0M | 29.7M | 426K | 29.4M | 28.8M | 23.4M | 1.5M | 18.6M | 15.0M | 13.9M | 8K | 13.9M |
| Diluted Shares Outstanding | 31.9M | 30.0M | 29.7M | 426K | 29.4M | 28.8M | 23.4M | 1.5M | 18.6M | 15.0M | - | 8K | - |
| 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $15.95M | $11.64M | $15.92M | $17.68M | $19.69M | $23.98M | $29.32M | $17.51M | $19.58M | $12.65M | $11.46M | $13.44M | $16.92M |
| Other Current Assets | $636.97K | $687.51K | $858.14K | $541.51K | $1.09M | $1.38M | $1.57M | $1.11M | $2.10M | $2.56M | $1.25M | $1.21M | $292.05K |
| Total Current Assets | $16.58M | $12.33M | $16.78M | $20.20M | $22.76M | $27.33M | $32.92M | $19.79M | $22.33M | $15.51M | $13.03M | $14.90M | $17.39M |
| Property Plant & Equipment | $2.36M | $2.23M | $2.12M | $1.74M | $1.36M | $454.03K | $360.83K | $50.18K | $40.08K | $2.55K | $3.06K | $3.56K | $4.13K |
| Other Non-current Assets | $20.42K | $20.42K | $20.42K | $20.42K | $20.42K | $20.42K | $20.42K | - | $103.19K | $56.72K | $175.13K | $6.72K | - |
| Total Assets | $20.08M | $15.64M | $19.89M | $22.95M | $25.14M | $28.84M | $34.35M | $19.93M | $22.47M | $15.57M | $13.21M | $14.91M | $17.40M |
| Total Current Liabilities | $10.85M | $10.01M | $9.31M | $8.69M | $6.56M | $3.90M | $5.66M | $3.72M | $2.83M | $2.40M | $1.47M | $1.27M | $646.46K |
| Total Liabilities | $11.82M | $10.98M | $10.30M | $9.70M | $7.59M | $4.94M | $6.72M | $3.72M | $2.83M | $2.40M | $1.47M | $1.75M | $646.46K |
| Common Stock | $3.31K | $2.85K | $2.79K | $2.76K | $2.76K | $2.75K | $2.65K | $2.00K | $1.97K | $1.63K | $1.40K | $1.40K | $1.40K |
| Retained Earnings | $-93.78M | $-86.19M | $-79.57M | $-75.02M | $-70.21M | $-63.06M | $-58.67M | $-53.41M | $-48.32M | $-44.04M | $-40.46M | $-37.99M | $-34.19M |
| Treasury Stock | - | - | - | $99.96K | $99.96K | $99.96K | $99.96K | $99.96K | $99.96K | $99.96K | $99.96K | $99.96K | $55.96K |
| Total Stockholders Equity | $8.26M | $4.65M | $9.59M | $13.25M | $17.55M | $23.89M | $27.92M | $16.41M | $19.77M | $13.23M | $11.77M | $13.16M | $16.75M |
| Total Liabilities & Equity | $20.08M | $15.64M | $19.89M | $22.95M | $25.14M | $28.84M | $34.35M | $19.93M | $22.47M | $15.57M | $13.21M | $14.91M | $17.40M |
| 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-7.59M | $-11.17M | $-4.54M | $-4.81M | $-16.80M | $-9.65M | $-5.26M | $-5.09M | $-10.34M | $-3.58M | $-2.48M | $-3.80M | $-1.54M |
| Stock-based Compensation | $1.87M | $1.40M | $868.36K | $705.65K | $2.31M | $1.58M | $943.26K | $1.05M | $1.51M | $777.58K | $329.92K | $230.09K | $293.98K |
| Operating Cash Flow | $-12.90M | $-6.99M | $-1.69M | $-1.48M | $-13.12M | $-9.08M | $-3.83M | $-2.68M | $-8.69M | $-5.61M | $-2.09M | $-3.90M | $-3.50M |
| Capital Expenditure | $567.80K | $195.34K | $67.71K | $507.15K | $670.53K | $398.99K | $301.91K | $13.18K | $38.91K | - | - | - | - |
| Investing Cash Flow | $-567.80K | $-195.34K | $-67.71K | $-507.15K | $-670.53K | $-398.99K | $-301.91K | $-13.18K | $-38.91K | - | - | - | - |
| Stock Issued | $11.88M | $1.10M | - | - | $15.95M | $15.95M | $15.95M | $584.07K | $14.94M | $4.81M | $103.92K | - | $2.91M |
| Stock Repurchased | - | - | - | - | - | - | - | - | - | - | - | $44.00K | $55.96K |
| Financing Cash Flow | $11.72M | $1.11M | - | - | $15.95M | $15.95M | $15.95M | $586.69K | $14.88M | $4.81M | $118.92K | $424.28K | $2.81M |
| Net Change in Cash | $-1.73M | $-6.04M | $-1.76M | $-2.01M | $2.18M | $6.47M | $11.81M | $-2.07M | $6.15M | $-783.19K | $-1.97M | $-3.48M | $-727.96K |
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 | |
| Operating Expenses | $7.66M | - | $19.06M | - |
| Research & Development | $4.58M | - | $10.53M | - |
| Operating Income | $-7.66M | - | $-19.06M | - |
| Interest Income | $84.54K | - | $338.81K | - |
| Other Income/Expense | $84.54K | - | $338.81K | - |
| Income Before Tax | $-7.58M | - | $-18.72M | - |
| Income Tax Expense | $7.72K | - | $26.46K | - |
| Net Income | $-7.59M | $-4.41M | $-18.75M | - |
| Basic EPS | -0.24 | - | -0.61 | - |
| Diluted EPS | -0.24 | - | -0.61 | - |
| Basic Shares Outstanding | $31.93M | - | $30.55M | - |
| Diluted Shares Outstanding | $31.93M | - | $30.55M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $15.95M | $17.68M |
| Other Current Assets | $636.97K | $541.51K |
| Total Current Assets | $16.58M | $20.20M |
| Property Plant & Equipment | $2.36M | $1.74M |
| Other Non-current Assets | $20.42K | $20.42K |
| Total Assets | $20.08M | $22.95M |
| Total Current Liabilities | $10.85M | $8.69M |
| Total Liabilities | $11.82M | $9.70M |
| Common Stock | $3.31K | $2.76K |
| Retained Earnings | $-93.78M | $-75.02M |
| Total Stockholders Equity | $8.26M | $13.25M |
| Total Liabilities & Equity | $20.08M | $22.95M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-7.59M | $-4.41M | $-18.75M | - |
| Stock-based Compensation | - | - | $1.87M | - |
| Operating Cash Flow | - | - | $-12.90M | - |
| Capital Expenditure | - | - | $567.80K | - |
| Investing Cash Flow | - | - | $-567.80K | - |
| Stock Issued | - | - | $11.88M | - |
| Financing Cash Flow | - | - | $11.72M | - |
| Net Change in Cash | - | - | $-1.73M | - |
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.