-
Revenue
$-26.02M
Net Income
-
Gross Margin
-
Op. Margin
$-40.73M
Free Cash Flow
| Breakdown | Q2 2025 (Dec 31, 2025) |
Q1 2025 (Sep 30, 2025) |
Q4 2025 (Jun 30, 2025) |
Q3 2025 (Mar 31, 2025) |
Q2 2024 (Dec 31, 2024) |
Q1 2024 (Sep 30, 2024) |
Q4 2024 (Jun 30, 2024) |
Q3 2024 (Mar 31, 2024) |
Q2 2023 (Dec 31, 2023) |
Q1 2023 (Sep 30, 2023) |
Q4 2023 (Jun 30, 2023) |
Q3 2023 (Mar 31, 2023) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Expenses | $10.90M | $10.73M | $9.57M | $10.20M | $11.03M | $12.91M | $15.06M | $4.21M | $11.19M | $7.71M | $8.69M | $8.28M |
| Research & Development | - | - | - | - | - | - | - | - | $39.00K | $39.00K | $139.00K | $45.00K |
| Operating Income | $-10.90M | $-10.73M | $-9.57M | $-10.20M | $-11.03M | $-12.91M | $-15.06M | $-4.21M | $-11.19M | $-7.71M | $-8.69M | $-8.28M |
| Interest Expense | $5.00K | $6.00K | - | $3.00K | $1.00K | $1.00K | $1.85M | $822.00K | $1.99M | $1.79M | $1.81M | $2.24M |
| Interest Income | $26.00K | $55.00K | $35.00K | $21.00K | $25.00K | $23.00K | $37.00K | $73.00K | $465.00K | $132.00K | $233.00K | $388.00K |
| Other Income/Expense | $10.00K | $45.00K | $40.00K | $15.48M | $-3.23M | $52.00K | $-1.07M | $-21.70M | $-3.68M | $-1.66M | $-1.57M | $-1.84M |
| Income Before Tax | $-10.89M | $-10.69M | $-9.54M | $5.28M | $-14.26M | $-12.86M | $-16.12M | $-25.91M | $-14.86M | $-9.37M | $-10.25M | $-10.12M |
| Income Tax Expense | - | - | $179.00K | - | - | - | - | - | - | - | - | - |
| Net Income | $-10.89M | $-10.69M | $-9.71M | $5.28M | $-14.26M | $-12.86M | $-16.12M | $-25.91M | $-14.86M | $-9.37M | $-10.25M | $-10.12M |
| Basic EPS | -0.48 | -0.51 | 1.10 | 0.73 | -0.21 | -0.20 | -0.24 | -0.44 | -0.34 | -0.21 | -0.23 | -0.23 |
| Diluted EPS | -0.48 | -0.51 | 1.10 | -0.97 | -0.21 | -0.20 | -0.24 | -0.44 | -0.34 | -0.21 | -0.23 | -0.23 |
| Basic Shares Outstanding | 22.7M | 21.0M | 3.7M | 7.2M | 68.9M | 65.5M | 3.6M | 58.5M | 43.8M | 44.2M | 105K | 44.1M |
| Diluted Shares Outstanding | 22.7M | 21.0M | 3.7M | 10.5M | 68.9M | 65.5M | 3.6M | 58.5M | 43.8M | 44.2M | 105K | 44.1M |
| Breakdown | Q2 2025 (Dec 31, 2025) |
Q1 2025 (Sep 30, 2025) |
Q4 2025 (Jun 30, 2025) |
Q3 2025 (Mar 31, 2025) |
Q2 2024 (Dec 31, 2024) |
Q1 2024 (Sep 30, 2024) |
Q4 2024 (Jun 30, 2024) |
Q3 2024 (Mar 31, 2024) |
Q2 2023 (Dec 31, 2023) |
Q1 2023 (Sep 30, 2023) |
Q4 2023 (Jun 30, 2023) |
Q3 2023 (Mar 31, 2023) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $571.00K | $5.47M | $3.84M | $4.03M | $824.00K | $6.85M | $4.90M | $7.99M | $56.75M | $11.80M | $20.32M | $36.17M |
| Other Current Assets | - | $451.00K | $777.00K | $547.00K | $627.00K | $1.26M | $1.91M | $2.01M | $1.03M | $1.27M | $1.81M | $1.89M |
| Total Current Assets | $1.14M | $5.92M | $4.61M | $4.58M | $1.45M | $8.11M | $6.81M | $10.00M | $57.78M | $13.07M | $22.13M | $38.06M |
| Property Plant & Equipment | $45.06M | $50.56M | $53.66M | $58.66M | $63.64M | $68.62M | $73.87M | $3.00M | $3.01M | $3.06M | $3.06M | $3.08M |
| Total Assets | $58.61M | $68.72M | $70.73M | $73.41M | $74.83M | $85.77M | $89.50M | $96.96M | $117.61M | $95.74M | $100.90M | $111.63M |
| Total Current Liabilities | $5.90M | $7.42M | $6.43M | $6.15M | $9.43M | $7.51M | $9.71M | $7.27M | $12.47M | $9.22M | $8.86M | $11.47M |
| Long-term Debt | - | $11.00K | $22.00K | $33.00K | $72.84M | $72.43M | $64.83M | $63.27M | $33.08M | $40.96M | $37.67M | $36.23M |
| Total Liabilities | $6.99M | $8.52M | $7.54M | $7.15M | $83.23M | $83.68M | $78.80M | $71.50M | $46.34M | $50.98M | $47.33M | $48.47M |
| Common Stock | $235.00K | $224.00K | $200.00K | $180.00K | $689.00K | $689.00K | $633.00K | $633.00K | $439.00K | $442.00K | $441.00K | $441.00K |
| Retained Earnings | $-253.14M | $-242.25M | $-231.56M | $-221.84M | $-227.12M | $-212.86M | $-200.00M | $-183.88M | $-117.62M | $-147.36M | $-137.99M | $-127.74M |
| Total Stockholders Equity | $51.62M | $60.20M | $63.19M | $66.26M | $-8.40M | $2.09M | $10.71M | $25.46M | $71.26M | $44.76M | $53.57M | $63.16M |
| Total Liabilities & Equity | $58.61M | $68.72M | $70.73M | $73.41M | $74.83M | $85.77M | $89.50M | $96.96M | $117.61M | $95.74M | $100.90M | $111.63M |
| Breakdown | Q2 2025 (Dec 31, 2025) |
Q1 2025 (Sep 30, 2025) |
Q4 2025 (Jun 30, 2025) |
Q3 2025 (Mar 31, 2025) |
Q2 2024 (Dec 31, 2024) |
Q1 2024 (Sep 30, 2024) |
Q4 2024 (Jun 30, 2024) |
Q3 2024 (Mar 31, 2024) |
Q2 2023 (Dec 31, 2023) |
Q1 2023 (Sep 30, 2023) |
Q4 2023 (Jun 30, 2023) |
Q3 2023 (Mar 31, 2023) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-10.89M | $-10.69M | $-9.71M | $5.28M | $-27.12M | $-12.86M | $-16.12M | $-25.91M | $-10.26M | $-9.37M | $-10.25M | $-20.37M |
| Depreciation & Amortization | $10.69M | $5.31M | $4.99M | $14.96M | $9.96M | $4.97M | $5.01M | $159.00K | $79.00K | $53.00K | $52.00K | $132.00K |
| Stock-based Compensation | $620.00K | $302.00K | $258.00K | $1.84M | $1.53M | $1.35M | $1.40M | $2.09M | $3.53M | $599.00K | $702.00K | $4.25M |
| Operating Cash Flow | $-9.52M | $-4.30M | $-6.23M | $-17.41M | $-11.68M | $-6.38M | $-7.24M | $-19.64M | $-16.18M | $-6.89M | $-6.57M | $-24.13M |
| Capital Expenditure | $2.22M | $919.00K | $20.00K | $104.00K | $11.00K | $11.00K | - | $88.00K | $208.00K | $51.00K | $19.00K | $333.00K |
| Investing Cash Flow | $-2.81M | $-1.45M | $-574.00K | $-1.40M | $-781.00K | $-400.00K | $-1.31M | $-5.88M | $-16.12M | $-1.63M | $-9.27M | $-30.04M |
| Stock Issued | - | - | - | - | - | - | - | $15.79M | - | - | - | - |
| Financing Cash Flow | $9.06M | $7.38M | $6.61M | $17.94M | $8.39M | $8.73M | $5.45M | $13.18M | $57.99M | $-10.00K | $-9.00K | $59.28M |
SEC Filing Format - Data shown as it appears in the Q2 2025 (10-Q) filing
Period ended: Dec 31, 2025
Condensed Consolidated Statements of Operations
| Description | Dec 31, 2025 | Dec 31, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Operating Expenses | $10.90M | - | $21.64M | - |
| Operating Income | $-10.90M | - | $-21.64M | - |
| Interest Expense | $5.00K | - | $11.00K | - |
| Interest Income | $26.00K | - | $81.00K | - |
| Other Income/Expense | $10.00K | - | $55.00K | - |
| Income Before Tax | $-10.89M | - | $-21.59M | - |
| Net Income | $-10.89M | $-12.86M | $-21.59M | - |
| Basic EPS | -0.48 | - | -0.99 | - |
| Diluted EPS | -0.48 | - | -0.99 | - |
Condensed Consolidated Balance Sheets
| Description | Dec 31, 2025 | Jun 30, 2025 |
|---|---|---|
| Cash & Cash Equivalents | $571.00K | $3.84M |
| Total Current Assets | $1.14M | $4.61M |
| Property Plant & Equipment | $45.06M | $53.66M |
| Total Assets | $58.61M | $70.73M |
| Total Current Liabilities | $5.90M | $6.43M |
| Long-term Debt | - | $22.00K |
| Total Liabilities | $6.99M | $7.54M |
| Common Stock | $235.00K | $200.00K |
| Retained Earnings | $-253.14M | $-231.56M |
| Total Stockholders Equity | $51.62M | $63.19M |
| Total Liabilities & Equity | $58.61M | $70.73M |
Condensed Consolidated Statements of Cash Flows
| Description | Dec 31, 2025 | Dec 31, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-10.89M | $-12.86M | $-21.59M | - |
| Depreciation & Amortization | $5.38M | - | $10.69M | - |
| Stock-based Compensation | - | - | $620.00K | - |
| Operating Cash Flow | - | - | $-9.52M | - |
| Capital Expenditure | - | - | $2.22M | - |
| Investing Cash Flow | - | - | $-2.81M | - |
| Financing Cash Flow | - | - | $9.06M | - |
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.