$1.27M
Revenue
$-12.27M
Net Income
46.62%
Gross Margin
-910.90%
Op. Margin
$-7.55M
Free Cash Flow
| 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 | $101.42K | $92.75K | $184.80K | $887.78K | $330.76K | $642.99K |
| Revenue Growth % (YoY) | -69.3% | -85.6% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $67.83K | $61.20K | $123.24K | $423.93K | $196.52K | $458.37K |
| Gross Profit | $33.59K | $31.56K | $61.57K | $463.85K | $134.23K | $184.62K |
| Gross Margin % | 33.1% | 34.0% | 33.3% | 52.2% | 40.6% | 28.7% |
| Operating Expenses | $4.24M | $1.95M | $4.07M | $1.87M | $3.68M | $1.31M |
| Research & Development | $109.76K | $17.88K | - | $4.43K | - | - |
| Selling General & Admin | $602.72K | $370.80K | $355.86K | $401.69K | $418.37K | $249.50K |
| Operating Income | $-4.21M | $-1.92M | $-4.01M | $-1.40M | $-3.54M | $-1.12M |
| Operating Margin % | -4148.6% | -2073.6% | -2167.6% | -157.9% | -1070.9% | -174.6% |
| Interest Expense | $8.19K | $4.94K | $1.65K | $-4.49K | $97.80K | $4.56K |
| Interest Income | - | $7.80K | $12.70K | $19.97K | $10.08K | - |
| Other Income/Expense | $-802.72K | $8.79K | $40.67K | $18.01K | $-143.38K | $-92.12K |
| Net Income | $-5.01M | $-1.91M | $-3.97M | $-1.38M | $-3.69M | $-1.21M |
| Net Margin % | -4940.1% | -2064.1% | -2145.5% | -155.9% | -1114.3% | -188.9% |
| Basic EPS | -0.29 | -0.13 | -0.27 | -0.06 | -0.34 | -0.14 |
| Diluted EPS | -0.29 | -0.13 | -0.27 | -0.06 | -0.34 | -0.14 |
| Basic Shares Outstanding | 17.1M | 15.2M | 14.7M | 1.1M | 10.8M | 8.9M |
| Diluted Shares Outstanding | 17.1M | 15.2M | 14.7M | 1.1M | 10.8M | 8.9M |
| 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 | $7.60M | $805.60K | $912.22K | $1.97M | $2.33M | $175.95K |
| Accounts Receivable | - | - | - | - | $221.47K | $41.38K |
| Inventory | $493.55K | $306.29K | $313.72K | $342.06K | $375.27K | $364.57K |
| Other Current Assets | $291.34K | $181.40K | $243.93K | $313.66K | $418.18K | $194.50K |
| Total Current Assets | $8.42M | $1.33M | $1.49M | $2.75M | $3.35M | $776.40K |
| Property Plant & Equipment | $281.65K | $296.93K | $314.10K | $314.88K | $323.83K | $339.17K |
| Goodwill | - | $684.87K | $684.87K | $684.87K | $684.87K | $684.87K |
| Intangible Assets | $903.70K | $1.12M | $1.11M | $1.09M | $988.15K | $1.07M |
| Total Assets | $9.70M | $3.54M | $3.69M | $4.95M | $5.48M | $3.02M |
| Accounts Payable | $261.11K | $168.69K | $226.06K | $119.81K | $233.74K | $227.29K |
| Accrued Liabilities | $260.47K | $129.31K | $123.58K | $90.26K | $244.78K | $224.82K |
| Deferred Revenue | $73.01K | $45.40K | $26.74K | $83.77K | $70.29K | $77.41K |
| Other Current Liabilities | $432.73K | $384.88K | $428.23K | $421.62K | - | - |
| Total Current Liabilities | $1.11M | $809.91K | $872.02K | $893.93K | $1.05M | $2.28M |
| Total Liabilities | $1.26M | $972.10K | $1.04M | $1.08M | $1.24M | $2.49M |
| Common Stock | $1.89K | $1.54K | $1.52K | $1.45K | $1.37K | $911.00 |
| Retained Earnings | $-25.14M | $-20.13M | $-18.22M | $-14.25M | $-12.87M | $-9.18M |
| Total Stockholders Equity | $8.44M | $2.57M | $2.64M | $3.87M | $4.23M | $531.38K |
| Total Liabilities & Equity | $9.70M | $3.54M | $3.69M | $4.95M | $5.48M | $3.02M |
| 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 | $-5.01M | $-5.88M | $-3.97M | $-1.38M | $-3.69M | $-2.36M |
| Depreciation & Amortization | $92.45K | $109.94K | $103.37K | $118.45K | $99.58K | $123.05K |
| Stock-based Compensation | - | - | - | - | $2.95M | - |
| Change in Receivables | $-83.29K | $-85.13K | $-107.90K | $-97.78K | $58.14K | $-121.95K |
| Change in Inventory | $151.49K | $-35.77K | $-28.34K | $-33.21K | $16.11K | $5.41K |
| Change in Payables | $141.30K | $48.88K | $106.25K | $-113.93K | $64.66K | $58.21K |
| Operating Cash Flow | $-3.55M | $-1.95M | $-941.75K | $-1.03M | $-3.07M | $-1.16M |
| Capital Expenditure | $26.04K | $21.03K | $18.25K | $10.00K | $53.80K | $50.91K |
| Investing Cash Flow | $-233.58K | $-225.88K | $-123.36K | $-209.99K | $-226.40K | $-223.51K |
| Stock Issued | $6.77M | - | - | - | $4.18M | - |
| Financing Cash Flow | $9.41M | $1.05M | $6.61K | $876.32K | $4.92M | $855.57K |
| Net Change in Cash | $5.63M | $-1.13M | $-1.06M | $-364.00K | $1.63M | $-527.41K |
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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.