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$18.11M
Revenue
$497.69K
Net Income
6.41%
Gross Margin
3.82%
Op. Margin
$-1.38M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 1 of 1 annual reports available (2024 - 2024)
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Dec 31, 2024)
+ Total Revenue $18.11M $7.62M
Revenue Growth % 137.8% nan%
Cost of Revenue $16.95M $6.14M
+ Gross Profit $1.16M $1.47M
Gross Margin % 6.4% 19.3%
Operating Expenses $468.63K $380.96K
+ Operating Income $691.51K $1.09M
Operating Margin % 3.8% 14.3%
Interest Expense $4.76K $3.12K
Other Income/Expense - $1.74K
Income Before Tax $686.06K $1.09M
Income Tax Expense $188.38K $309.35K
+ Net Income $497.69K $778.24K
Net Margin % 2.7% 10.2%
Basic EPS 0.03 0.05
Basic Shares Outstanding 15.8M 14.4M
Breakdown FY 2024
(Dec 31, 2024)
Cash & Cash Equivalents $1.67M
Accounts Receivable $18.16K
Total Current Assets $3.32M
Property Plant & Equipment $70.77K
Intangible Assets $1.45K
Total Assets $3.43M
Accounts Payable $21.30K
Other Current Liabilities $830.07K
Total Current Liabilities $944.45K
Total Liabilities $979.83K
Common Stock $14.51K
Retained Earnings $1.16M
Total Stockholders Equity $2.45M
Total Liabilities & Equity $3.43M
Breakdown TTM
(Sep 30, 2025)
FY 2024
(Dec 31, 2024)
Net Income $578.32K $778.24K
Change in Receivables $354.76K $8.68K
Change in Payables $10.56K $4.60K
Operating Cash Flow $-1.38M $-4.84K
Investing Cash Flow $-447.43K $-3.51K
Financing Cash Flow $4.57M $1.03M
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 $5.41M $234.88K $15.82M $585.53K
Cost of Revenue $5.20M $1.55M $15.34M $4.53M
Gross Profit $206.10K $504.63K $577.56K $887.79K
Operating Expenses $196.67K $102.76K $431.04K $343.36K
Operating Income $9.42K $401.87K $146.52K $544.43K
Interest Expense $616.00 $741.00 $1.95K $2.31K
Other Income/Expense - $1.04K $1.00 $1.55K
Income Before Tax $8.73K $401.89K $141.67K $543.19K
Income Tax Expense $9.04K $117.78K $46.93K $167.91K
Net Income $-305.00 $284.11K $94.74K $375.29K
Basic EPS 0.00 0.02 0.01 0.03
Basic Shares Outstanding $15.78M $14.48M $14.88M $14.25M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $3.66M $1.67M
Accounts Receivable $11.09K $18.16K
Other Current Assets $2.69M $27.98K
Total Current Assets $6.36M $3.32M
Property Plant & Equipment $354.18K $70.77K
Intangible Assets $2.87K $1.45K
Total Assets $8.62M $3.43M
Accounts Payable $90.78K $21.30K
Other Current Liabilities $890.24K $830.07K
Total Current Liabilities $1.10M $944.45K
Total Liabilities $1.42M $979.83K
Common Stock $16.23K $14.51K
Retained Earnings $1.25M $1.16M
Total Stockholders Equity $7.20M $2.45M
Total Liabilities & Equity $8.62M $3.43M
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $-305.00 $284.11K $94.74K $375.29K
Change in Receivables - - $-7.08K $1.44M
Change in Payables - - $69.47K $20.91K
Operating Cash Flow - - $-2.30M $-1.01M
Purchases of Investments - - $274.72K -
Investing Cash Flow - - $-307.73K $-2.46K
Stock Issued - - $4.66M $980.00K
Financing Cash Flow - - $4.60M $1.07M

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.

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