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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 11 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)
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)
+ Total Revenue $498.27K $170.97K $23.73K $1.30K $2.70K - $19.00 - - - -
Revenue Growth % (YoY) 18327.2% nan% 124805.3% nan% nan% nan% nan% nan% nan% nan% nan%
Operating Expenses $1.81M $1.15M $1.42M $900.70K $908.57K $854.50K $1.04M $830.99K $873.62K $768.60K $1.54M
Research & Development $274.02K $243.02K $220.99K $312.16K $252.66K $249.34K $182.33K $285.24K $258.40K $267.62K $104.55K
+ Operating Income $-1.31M $-982.69K $-1.39M $-899.39K $-905.87K $-854.50K $-1.04M $-830.74K $-873.62K $-768.60K $-1.54M
Operating Margin % -263.9% -574.8% -5864.2% -68971.9% -33501.1% nan% -5493889.5% nan% nan% nan% 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 $131.69K $29.77K $16.56K $14.56K $6.30K
+ Net Income $-1.00M $-749.39K $-1.19M $-832.40K $-864.41K $-809.24K $-912.14K $-800.96K $-857.06K $-754.04K $-1.54M
Net Margin % -201.0% -438.3% -5021.9% -63834.7% -31967.8% nan% -4800763.2% nan% nan% nan% nan%
Basic EPS -0.14 -0.11 -0.17 0.03 -0.61 -0.72 -0.91 -3.63 -0.07 -0.06 -0.14
Diluted EPS -0.14 -0.11 -0.17 0.03 -0.61 -0.72 -0.91 -3.63 -0.07 -0.06 -0.14
Basic Shares Outstanding 7.1M 7.1M 7.0M 448K 1.4M 1.1M 1.0M -10.8M 12.1M 12.1M 11.3M
Diluted Shares Outstanding 7.1M 7.1M 7.0M 448K 1.4M 1.1M 1.0M -10.8M 12.1M 12.1M 11.3M
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)
Cash & Cash Equivalents $914.18K $1.72M $2.57M $14.40M - $2.37M $3.31M $1.02M $764.98K $1.69M $2.21M
Short-term Investments - - - - - - $2.09M $2.59M $3.57M $3.53M $3.51M
Accounts Receivable $44.87K $9.37K $4.87K - - - $10.00 $8.00 - - -
Other Current Assets $193.28K $242.89K $274.59K $63.61K $86.61K $216.83K $360.91K $25.13K $79.72K $116.61K $165.52K
Total Current Assets $13.42M $14.50M $15.17M $16.83M $6.93M $4.89M $5.77M $3.64M $4.42M $5.33M $5.89M
Property Plant & Equipment $102.04K $93.83K $83.39K $70.37K $56.38K $63.07K $67.73K $52.61K $23.94K - -
Intangible Assets $763.23K $808.13K $853.03K $125.00K $132.50K $140.00K $147.50K - - - $55.51K
Total Assets $14.29M $15.40M $16.10M $17.02M $7.12M $5.09M $5.98M $3.70M $4.44M $5.33M $5.94M
Accounts Payable $213.51K $250.72K $321.67K $338.79K $329.29K $297.66K $393.15K $215.88K $179.85K $182.43K $125.61K
Accrued Liabilities $211.41K $254.17K $179.07K $61.59K $73.24K $94.45K $120.62K $54.15K $21.65K $94.55K $23.66K
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 $513.77K $270.04K $201.50K $276.98K $149.28K
Total Liabilities $451.87K $505.45K $500.75K $401.51K $404.91K $392.11K $513.77K $270.04K $201.50K $276.98K $149.28K
Common Stock $712.00 $712.00 $712.00 $692.00 $189.00 $120.00 $109.00 $99.00 $1.20K $1.21K $1.21K
Retained Earnings $-11.74M $-10.74M $-9.99M $-8.80M $-7.97M $-7.10M $-6.29M $-5.38M $-4.58M $-3.72M $-2.97M
Total Stockholders Equity $14.10M $15.02M $15.65M $16.63M $6.71M $4.70M $5.47M $3.43M $4.24M $5.06M $5.79M
Total Liabilities & Equity $14.29M $15.40M $16.10M $17.02M $7.12M $5.09M $5.98M $3.70M $4.44M $5.33M $5.94M
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)
Net Income $-1.00M $-749.39K $-1.19M $-832.40K $-2.59M $-1.72M $-912.14K $-800.96K $-3.15M $-2.29M $-1.54M
Stock-based Compensation $96.87K $63.35K $32.88K $35.25K $84.19K $49.24K $15.81K $21.93K $914.43K $892.50K $870.57K
Change in Receivables $44.87K $9.37K $4.87K - $-8.00 $-8.00 $2.00 - - - -
Change in Payables $-125.28K $-88.07K $-17.12K $9.50K $113.41K $81.78K $177.27K $36.04K $-65.97K $-62.58K $-119.40K
Operating Cash Flow $-3.12M $-2.01M $-1.30M $-768.23K $-2.51M $-1.84M $-1.10M $-672.89K $-2.31M $-1.43M $-933.86K
Purchases of Investments - - - - - $200.00K - - - - -
Investing Cash Flow $-10.36M $-10.66M $-10.53M $-774.87K $842.60K $147.60K $349.60K $982.65K $-3.52M $-3.49M $-3.49M
Stock Issued - - - $8.05M $159.06K $159.06K $159.06K - $5.96M $5.96M $5.96M
Stock Repurchased - - - - $19.60K $19.60K $19.60K $50.03K $49.71K $24.24K -
Financing Cash Flow - - - $10.71M $5.87M $3.04M $3.04M $-50.03K $5.91M $5.93M $5.96M
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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