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$694.28K
Revenue
$-3.78M
Net Income
-
Gross Margin
-660.91%
Op. Margin
$-7.20M
Free Cash Flow
Financial Statements Quarterly (10-Q)
Showing 6 of 9 quarterly reports available
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)
+ Total Revenue $498.27K $170.97K $23.73K $1.30K $2.70K -
Revenue Growth % (YoY) 18327.2% nan% nan% nan% nan% nan%
Operating Expenses $1.81M $1.15M $1.42M $900.70K $908.57K $854.50K
Research & Development $274.02K $243.02K $220.99K $312.16K $252.66K $249.34K
+ Operating Income $-1.31M $-982.69K $-1.39M $-899.39K $-905.87K $-854.50K
Operating Margin % -263.9% -574.8% -5864.2% -68971.9% -33501.1% nan%
Interest Income $156.03K $146.90K $148.19K - $39.41K $45.27K
Other Income/Expense $173.88K $158.12K $159.63K $60.90K $41.46K $45.27K
+ Net Income $-1.00M $-749.39K $-1.19M $-832.40K $-864.41K $-809.24K
Net Margin % -201.0% -438.3% -5021.9% -63834.7% -31967.8% nan%
Basic EPS -0.14 -0.11 -0.17 0.03 -0.61 -0.72
Diluted EPS -0.14 -0.11 -0.17 0.03 -0.61 -0.72
Basic Shares Outstanding 7.1M 7.1M 7.0M 448K 1.4M 1.1M
Diluted Shares Outstanding 7.1M 7.1M 7.0M 448K 1.4M 1.1M
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 $914.18K $1.72M $2.57M $14.40M - $2.37M
Accounts Receivable $44.87K $9.37K $4.87K - - -
Other Current Assets $193.28K $242.89K $274.59K $63.61K $86.61K $216.83K
Total Current Assets $13.42M $14.50M $15.17M $16.83M $6.93M $4.89M
Property Plant & Equipment $102.04K $93.83K $83.39K $70.37K $56.38K $63.07K
Intangible Assets $763.23K $808.13K $853.03K $125.00K $132.50K $140.00K
Total Assets $14.29M $15.40M $16.10M $17.02M $7.12M $5.09M
Accounts Payable $213.51K $250.72K $321.67K $338.79K $329.29K $297.66K
Accrued Liabilities $211.41K $254.17K $179.07K $61.59K $73.24K $94.45K
Deferred Revenue $26.96K $566.00 $4.00 $1.13K $2.38K -
Total Current Liabilities $451.87K $505.45K $500.75K $401.51K $404.91K $392.11K
Total Liabilities $451.87K $505.45K $500.75K $401.51K $404.91K $392.11K
Common Stock $712.00 $712.00 $712.00 $692.00 $189.00 $120.00
Retained Earnings $-11.74M $-10.74M $-9.99M $-8.80M $-7.97M $-7.10M
Total Stockholders Equity $14.10M $15.02M $15.65M $16.63M $6.71M $4.70M
Total Liabilities & Equity $14.29M $15.40M $16.10M $17.02M $7.12M $5.09M
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 $-1.00M $-749.39K $-1.19M $-832.40K $-2.59M $-1.72M
Stock-based Compensation $96.87K $63.35K $32.88K $35.25K $84.19K $49.24K
Change in Receivables $44.87K $9.37K $4.87K - $-8.00 $-8.00
Change in Payables $-125.28K $-88.07K $-17.12K $9.50K $113.41K $81.78K
Operating Cash Flow $-3.12M $-2.01M $-1.30M $-768.23K $-2.51M $-1.84M
Purchases of Investments - - - - - $200.00K
Investing Cash Flow $-10.36M $-10.66M $-10.53M $-774.87K $842.60K $147.60K
Stock Issued - - - $8.05M $159.06K $159.06K
Stock Repurchased - - - - $19.60K $19.60K
Financing Cash Flow - - - $10.71M $5.87M $3.04M
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 $498.27K - $692.97K -
Operating Expenses $1.81M - $4.38M -
Research & Development $274.02K - $738.03K -
Operating Income $-1.31M - $-3.69M -
Interest Expense - - - -
Interest Income $156.03K - $451.12K -
Other Income/Expense $173.88K - $491.64K -
Net Income $-1.00M $-809.24K $-2.94M -
Basic EPS -0.14 - -0.42 -
Diluted EPS -0.14 - -0.42 -
Basic Shares Outstanding $7.12M - $7.08M -
Diluted Shares Outstanding $7.12M - $7.08M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $914.18K $14.40M
Accounts Receivable $44.87K -
Other Current Assets $193.28K $63.61K
Total Current Assets $13.42M $16.83M
Property Plant & Equipment $102.04K $70.37K
Intangible Assets $763.23K $125.00K
Total Assets $14.29M $17.02M
Accounts Payable $213.51K $338.79K
Accrued Liabilities $211.41K $61.59K
Deferred Revenue $26.96K $1.13K
Total Current Liabilities $451.87K $401.51K
Total Liabilities $451.87K $401.51K
Common Stock $712.00 $692.00
Retained Earnings $-11.74M $-8.80M
Total Stockholders Equity $14.10M $16.63M
Total Liabilities & Equity $14.29M $17.02M
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $-1.00M $-809.24K $-2.94M -
Stock-based Compensation - - $96.87K -
Change in Receivables - - $44.87K -
Change in Payables - - $-125.28K -
Operating Cash Flow - - $-3.12M -
Investing Cash Flow - - $-10.36M -
Stock Issued - - - -
Financing Cash Flow - - - -

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.

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