-
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) |
|---|---|---|---|---|---|---|
| Operating Expenses | $7.66M | $6.72M | $4.68M | $4.99M | $7.39M | $4.70M |
| Research & Development | $4.58M | $3.97M | $1.98M | $1.37M | $4.45M | $2.22M |
| Operating Income | $-7.66M | $-6.72M | $-4.68M | $-4.99M | $-7.39M | $-4.70M |
| Interest Income | $84.54K | $104.06K | $150.22K | $185.85K | $256.68K | $306.92K |
| Other Income/Expense | $84.54K | $104.06K | $150.22K | $185.85K | $256.68K | $306.92K |
| Income Before Tax | $-7.58M | $-6.61M | $-4.53M | $-4.80M | $-7.14M | $-4.40M |
| Income Tax Expense | $7.72K | $8.91K | $9.82K | $10.79K | $11.14K | $10.27K |
| Net Income | $-7.59M | $-6.62M | $-4.54M | $-4.81M | $-7.15M | $-4.39M |
| Basic EPS | -0.24 | -0.22 | -0.15 | -0.16 | -0.24 | -0.15 |
| Diluted EPS | -0.24 | -0.22 | -0.15 | -0.16 | -0.24 | -0.15 |
| Basic Shares Outstanding | 31.9M | 30.0M | 29.7M | 426K | 29.4M | 28.8M |
| Diluted Shares Outstanding | 31.9M | 30.0M | 29.7M | 426K | 29.4M | 28.8M |
| 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) |
|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $15.95M | $11.64M | $15.92M | $17.68M | $19.69M | $23.98M |
| Other Current Assets | $636.97K | $687.51K | $858.14K | $541.51K | $1.09M | $1.38M |
| Total Current Assets | $16.58M | $12.33M | $16.78M | $20.20M | $22.76M | $27.33M |
| Property Plant & Equipment | $2.36M | $2.23M | $2.12M | $1.74M | $1.36M | $454.03K |
| Other Non-current Assets | $20.42K | $20.42K | $20.42K | $20.42K | $20.42K | $20.42K |
| Total Assets | $20.08M | $15.64M | $19.89M | $22.95M | $25.14M | $28.84M |
| Total Current Liabilities | $10.85M | $10.01M | $9.31M | $8.69M | $6.56M | $3.90M |
| Total Liabilities | $11.82M | $10.98M | $10.30M | $9.70M | $7.59M | $4.94M |
| Common Stock | $3.31K | $2.85K | $2.79K | $2.76K | $2.76K | $2.75K |
| Retained Earnings | $-93.78M | $-86.19M | $-79.57M | $-75.02M | $-70.21M | $-63.06M |
| Treasury Stock | - | - | - | $99.96K | $99.96K | $99.96K |
| Total Stockholders Equity | $8.26M | $4.65M | $9.59M | $13.25M | $17.55M | $23.89M |
| Total Liabilities & Equity | $20.08M | $15.64M | $19.89M | $22.95M | $25.14M | $28.84M |
| 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) |
|---|---|---|---|---|---|---|
| Net Income | $-7.59M | $-11.17M | $-4.54M | $-4.81M | $-16.80M | $-9.65M |
| Stock-based Compensation | $1.87M | $1.40M | $868.36K | $705.65K | $2.31M | $1.58M |
| Operating Cash Flow | $-12.90M | $-6.99M | $-1.69M | $-1.48M | $-13.12M | $-9.08M |
| Capital Expenditure | $567.80K | $195.34K | $67.71K | $507.15K | $670.53K | $398.99K |
| Investing Cash Flow | $-567.80K | $-195.34K | $-67.71K | $-507.15K | $-670.53K | $-398.99K |
| Stock Issued | $11.88M | $1.10M | - | - | $15.95M | $15.95M |
| Financing Cash Flow | $11.72M | $1.11M | - | - | $15.95M | $15.95M |
| Net Change in Cash | $-1.73M | $-6.04M | $-1.76M | $-2.01M | $2.18M | $6.47M |
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.