$1.27M
Revenue
$-12.27M
Net Income
46.62%
Gross Margin
-910.90%
Op. Margin
$-7.55M
Free Cash Flow
| Breakdown | TTM (Sep 30, 2025) |
FY 2024 (Dec 31, 2024) |
|---|---|---|
| Total Revenue | $1.27M | $2.17M |
| Revenue Growth % | -41.6% | nan% |
| Cost of Revenue | $676.19K | $1.26M |
| Gross Profit | $590.56K | $906.15K |
| Gross Margin % | 46.6% | 41.8% |
| Operating Expenses | $12.13M | $8.06M |
| Research & Development | - | $90.37K |
| Selling General & Admin | $1.73M | $1.25M |
| Operating Income | $-11.54M | $-7.15M |
| Operating Margin % | -910.9% | -329.7% |
| Interest Expense | $10.28K | $93.31K |
| Interest Income | - | $30.06K |
| Other Income/Expense | $-735.25K | $-276.46K |
| Net Income | $-12.27M | $-7.43M |
| Net Margin % | -968.9% | -342.5% |
| Basic EPS | -0.75 | -0.70 |
| Diluted EPS | -0.75 | -0.70 |
| Basic Shares Outstanding | 17.1M | 10.6M |
| Diluted Shares Outstanding | 17.1M | 10.6M |
| Breakdown | FY 2024 (Dec 31, 2024) |
|---|---|
| Cash & Cash Equivalents | $1.97M |
| Inventory | $342.06K |
| Other Current Assets | $313.66K |
| Total Current Assets | $2.75M |
| Property Plant & Equipment | $314.88K |
| Goodwill | $684.87K |
| Intangible Assets | $1.09M |
| Total Assets | $4.95M |
| Accounts Payable | $119.81K |
| Accrued Liabilities | $90.26K |
| Deferred Revenue | $83.77K |
| Other Current Liabilities | $421.62K |
| Total Current Liabilities | $893.93K |
| Total Liabilities | $1.08M |
| Common Stock | $1.45K |
| Retained Earnings | $-14.25M |
| Total Stockholders Equity | $3.87M |
| Total Liabilities & Equity | $4.95M |
| Breakdown | TTM (Sep 30, 2025) |
FY 2024 (Dec 31, 2024) |
|---|---|---|
| Net Income | $-16.24M | $-7.43M |
| Depreciation & Amortization | $424.21K | $341.08K |
| Change in Receivables | $-374.10K | $-39.64K |
| Change in Inventory | $54.16K | $-17.10K |
| Change in Payables | $182.50K | $-49.27K |
| Operating Cash Flow | $-7.47M | $-4.10M |
| Capital Expenditure | $75.32K | $63.80K |
| Investing Cash Flow | $-792.81K | $-436.39K |
| Stock Issued | - | $4.18M |
| Financing Cash Flow | $11.34M | $5.80M |
| Net Change in Cash | $3.07M | $1.27M |
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 | $101.42K | $330.76K | $378.98K | $1.28M |
| Cost of Revenue | $67.83K | $196.52K | $252.26K | $839.10K |
| Gross Profit | $33.59K | $134.23K | $126.72K | $442.30K |
| Operating Expenses | $4.24M | $3.68M | $10.26M | $6.19M |
| Research & Development | $109.76K | - | $127.64K | $85.94K |
| Selling General & Admin | $602.72K | $418.37K | $1.33M | $853.08K |
| Operating Income | $-4.21M | $-3.54M | $-10.14M | $-5.75M |
| Interest Expense | $3.25K | $153.46K | $8.19K | $97.80K |
| Interest Income | - | $10.08K | $51.91K | $10.08K |
| Other Income/Expense | $-802.72K | $-143.38K | $-753.26K | $-294.47K |
| Net Income | $-5.01M | $-3.69M | $-10.89M | $-6.04M |
| Basic EPS | -0.29 | -0.34 | -0.69 | -0.64 |
| Diluted EPS | -0.29 | -0.34 | -0.69 | -0.64 |
| Basic Shares Outstanding | $17.09M | $10.78M | $15.69M | $9.48M |
| Diluted Shares Outstanding | $17.09M | $10.78M | $15.69M | $9.48M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $7.60M | $1.97M |
| Inventory | $493.55K | $342.06K |
| Other Current Assets | $291.34K | $313.66K |
| Total Current Assets | $8.42M | $2.75M |
| Property Plant & Equipment | $281.65K | $314.88K |
| Goodwill | - | $684.87K |
| Intangible Assets | $903.70K | $1.09M |
| Total Assets | $9.70M | $4.95M |
| Accounts Payable | $261.11K | $119.81K |
| Accrued Liabilities | $260.47K | $90.26K |
| Deferred Revenue | $73.01K | $83.77K |
| Other Current Liabilities | $432.73K | $421.62K |
| Total Current Liabilities | $1.11M | $893.93K |
| Total Liabilities | $1.26M | $1.08M |
| Common Stock | $1.89K | $1.45K |
| Retained Earnings | $-25.14M | $-14.25M |
| Total Stockholders Equity | $8.44M | $3.87M |
| Total Liabilities & Equity | $9.70M | $4.95M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-5.01M | $-3.69M | $-10.89M | $-6.04M |
| Depreciation & Amortization | $92.45K | $99.58K | $305.76K | $222.63K |
| Change in Receivables | - | - | $-83.29K | $58.14K |
| Change in Inventory | - | - | $151.49K | $16.11K |
| Change in Payables | - | - | $141.30K | $64.66K |
| Operating Cash Flow | - | - | $-3.55M | $-3.07M |
| Capital Expenditure | - | - | $26.04K | $53.80K |
| Investing Cash Flow | - | - | $-233.58K | $-226.40K |
| Stock Issued | - | - | $6.77M | $4.18M |
| Financing Cash Flow | - | - | $9.41M | $4.92M |
| Net Change in Cash | - | - | $5.63M | $1.63M |
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.