-
Revenue
$-23.56M
Net Income
-
Gross Margin
-
Op. Margin
$-24.39M
Free Cash Flow
| 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) |
|---|---|---|---|---|---|
| Operating Expenses | $24.05M | $22.67M | $16.14M | $8.22M | $1.35M |
| Research & Development | $11.91M | $11.29M | $8.74M | $4.20M | $126.53K |
| Operating Income | $-24.05M | $-22.67M | $-16.14M | $-8.22M | $-1.35M |
| Interest Expense | - | - | - | $497.00 | $179.85K |
| Interest Income | $524.66K | $1.02M | $572.01K | - | - |
| Other Income/Expense | $524.66K | $1.02M | $572.01K | $-497.00 | - |
| Income Before Tax | $-23.53M | $-21.66M | $-15.57M | $-8.22M | $-24.38M |
| Income Tax Expense | $37.24K | $41.04K | $26.41K | $10.27K | $6.01K |
| Net Income | $-23.56M | $-21.61M | $-15.43M | $-8.23M | $-24.38M |
| Basic EPS | -0.77 | -0.76 | -0.89 | -0.59 | -6.64 |
| Diluted EPS | -0.77 | -0.76 | -0.89 | -0.59 | nan |
| Basic Shares Outstanding | 31.9M | 28.3M | 17.3M | 13.9M | 3.7M |
| Diluted Shares Outstanding | 31.9M | 28.3M | 17.3M | 13.9M | - |
| Breakdown | FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|
| Cash & Cash Equivalents | $17.68M | $17.51M | $13.44M | $17.64M |
| Other Current Assets | $541.51K | $1.11M | $1.21M | $516.19K |
| Total Current Assets | $20.20M | $19.79M | $14.90M | $18.19M |
| Property Plant & Equipment | $1.74M | $50.18K | $3.56K | $5.70K |
| Other Non-current Assets | $20.42K | - | $6.72K | - |
| Total Assets | $22.95M | $19.93M | $14.91M | $18.19M |
| Total Current Liabilities | $8.69M | $3.72M | $1.27M | $202.04K |
| Total Liabilities | $9.70M | $3.72M | $1.75M | $202.04K |
| Common Stock | $2.76K | $2.00K | $1.40K | $1.32K |
| Retained Earnings | $-75.02M | $-53.41M | $-37.99M | $-29.76M |
| Treasury Stock | $99.96K | $99.96K | $99.96K | - |
| Total Stockholders Equity | $13.25M | $16.41M | $13.16M | $17.99M |
| Total Liabilities & Equity | $22.95M | $19.93M | $14.91M | $18.19M |
| 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) |
|---|---|---|---|---|---|
| Net Income | $-28.11M | $-21.61M | $-15.43M | $-8.23M | $-24.38M |
| Stock-based Compensation | $4.85M | $3.02M | $2.57M | $524.07K | $218.98K |
| Operating Cash Flow | $-23.06M | $-14.60M | $-11.37M | $-7.41M | $-1.59M |
| Capital Expenditure | $1.34M | $1.18M | $52.09K | - | $802.00 |
| Investing Cash Flow | $-1.34M | $-1.18M | $-52.09K | - | $-802.00 |
| Stock Issued | - | $15.95M | $15.52M | $2.91M | $18.65M |
| Stock Repurchased | - | - | - | $99.96K | - |
| Financing Cash Flow | - | $15.95M | $15.46M | $3.23M | $18.85M |
| Net Change in Cash | $-11.55M | $172.16K | $4.07M | $-4.21M | $17.25M |
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-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.