-
Revenue
$-20.70M
Net Income
-
Gross Margin
-
Op. Margin
$-26.38M
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 | $19.51M | $15.42M | $5.26M | $3.16M | - |
| Research & Development | $4.83M | $3.38M | $90.00K | $37.00K | - |
| Operating Income | $-19.51M | $-15.42M | $-5.26M | $-1.20M | - |
| Interest Expense | - | $80.00K | $124.00K | - | - |
| Interest Income | - | - | $15.00K | $1.98M | - |
| Other Income/Expense | $28.00K | $-890.00K | $4.92M | $-1.73M | - |
| Income Before Tax | - | - | - | $773.50K | - |
| Income Tax Expense | - | - | - | $374.86K | - |
| Net Income | $-20.70M | $-17.80M | $-535.00K | $398.64K | - |
| Basic EPS | -40.27 | -20.53 | -0.01 | -0.13 | - |
| Diluted EPS | -40.27 | -20.53 | -0.09 | -0.13 | - |
| Basic Shares Outstanding | 541K | 867K | 67.0M | 37.4M | - |
| Diluted Shares Outstanding | 541K | 867K | 67.9M | 37.4M | - |
| Breakdown | FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
|---|---|---|---|---|
| Cash & Cash Equivalents | $554.00K | $4.23M | $345.78K | $48.55K |
| Other Current Assets | $2.16M | $1.50M | - | - |
| Total Current Assets | $2.71M | $5.73M | $646.64K | $104.16K |
| Property Plant & Equipment | $40.00K | - | - | - |
| Intangible Assets | - | - | $5.00K | - |
| Total Assets | $4.19M | $7.22M | $137.52M | $213.12K |
| Accounts Payable | $1.43M | $215.00K | - | - |
| Accrued Liabilities | - | - | $43.11K | $15.45K |
| Total Current Liabilities | $10.74M | $1.80M | $417.98K | $192.51K |
| Total Liabilities | $10.99M | $7.68M | $5.05M | $192.51K |
| Common Stock | $14.00K | $7.00K | $6.00K | - |
| Retained Earnings | $-29.10M | $-11.30M | $-4.30M | $-4.38K |
| Total Stockholders Equity | $-6.79M | $-457.00K | $-4.30M | $20.62K |
| Total Liabilities & Equity | $4.19M | $7.22M | $137.52M | $213.12K |
| 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 | $-25.45M | $-17.80M | $-535.00K | $398.64K | - |
| Stock-based Compensation | $2.96M | $1.63M | $199.00K | - | - |
| Change in Payables | $-2.22M | $1.23M | $215.00K | - | - |
| Operating Cash Flow | $-25.57M | $-9.68M | $-7.72M | $-1.31M | - |
| Capital Expenditure | $807.00K | $51.00K | - | - | - |
| Purchases of Investments | - | - | - | $134.90M | - |
| Investing Cash Flow | $-1.73M | $-43.00K | $725.00K | $-134.90M | - |
| Stock Issued | - | $3.33M | $150.00K | - | - |
| Financing Cash Flow | $35.50M | $6.07M | $10.93M | $136.50M | - |
| Net Change in Cash | $8.12M | $-3.67M | $4.23M | $297.22K | - |
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 | $7.03M | $5.81M | $15.60M | $11.91M |
| Research & Development | $1.53M | $3.09M | $4.31M | $3.25M |
| Operating Income | $-7.03M | $-5.81M | $-15.60M | $-11.91M |
| Interest Expense | - | - | - | $80.00K |
| Other Income/Expense | $-44.00K | $-341.00K | $-2.04M | $-2.95M |
| Net Income | $-7.12M | $-6.46M | $-17.90M | $-15.40M |
| Basic EPS | -13.16 | -889.58 | -74.92 | -2359.18 |
| Diluted EPS | -13.16 | -889.58 | -74.92 | -2359.18 |
| Basic Shares Outstanding | $540.84K | $7.26K | $238.92K | $6.53K |
| Diluted Shares Outstanding | $540.84K | $7.26K | $238.92K | $6.53K |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $3.84M | $554.00K |
| Other Current Assets | $1.19M | $1.78M |
| Total Current Assets | $7.09M | $2.71M |
| Property Plant & Equipment | $325.00K | $40.00K |
| Total Assets | $8.55M | $4.19M |
| Accounts Payable | $613.00K | $1.43M |
| Total Current Liabilities | $4.26M | $10.74M |
| Total Liabilities | $4.27M | $10.99M |
| Common Stock | - | - |
| Retained Earnings | $-47.00M | $-29.10M |
| Total Stockholders Equity | $4.28M | $-6.79M |
| Total Liabilities & Equity | $8.55M | $4.19M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-7.12M | $-6.46M | $-17.90M | $-15.40M |
| Stock-based Compensation | - | - | $1.97M | $1.27M |
| Change in Payables | - | - | $-840.00K | $1.64M |
| Operating Cash Flow | - | - | $-10.92M | $-5.87M |
| Capital Expenditure | - | - | $398.00K | $51.00K |
| Investing Cash Flow | - | - | $-1.40M | $-128.00K |
| Stock Issued | - | - | $17.96M | - |
| Financing Cash Flow | - | - | $15.68M | $1.86M |
| Net Change in Cash | - | - | $3.28M | $-4.16M |
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.