$3.50M
Revenue
$-2.97M
Net Income
81.39%
Gross Margin
-77.85%
Op. Margin
$-2.52M
Free Cash Flow
| Breakdown | FY 2024 (Dec 31, 2024) |
|---|---|
| Total Revenue | $3.50M |
| Revenue Growth % | nan% |
| Cost of Revenue | $652.00K |
| Gross Profit | $2.85M |
| Gross Margin % | 81.4% |
| Operating Expenses | $5.58M |
| Operating Income | $-2.73M |
| Operating Margin % | -77.9% |
| Interest Expense | $210.00K |
| Other Income/Expense | $-30.00K |
| Income Before Tax | $-2.97M |
| Net Income | $-2.97M |
| Net Margin % | -84.7% |
| Basic EPS | -0.12 |
| Diluted EPS | -0.12 |
| Basic Shares Outstanding | 25.0M |
| Diluted Shares Outstanding | 25.0M |
| Breakdown | FY 2024 (Dec 31, 2024) |
|---|---|
| Cash & Cash Equivalents | $48.00K |
| Accounts Receivable | $515.00K |
| Other Current Assets | $1.22M |
| Total Current Assets | $1.79M |
| Property Plant & Equipment | $219.00K |
| Intangible Assets | $3.89M |
| Total Assets | $6.42M |
| Accounts Payable | $634.00K |
| Accrued Liabilities | $1.05M |
| Deferred Revenue | $147.00K |
| Total Current Liabilities | $7.52M |
| Total Liabilities | $8.02M |
| Common Stock | $5.00K |
| Retained Earnings | $-1.92M |
| Total Stockholders Equity | $-1.60M |
| Total Liabilities & Equity | $6.42M |
| Breakdown | FY 2024 (Dec 31, 2024) |
|---|---|
| Net Income | $-2.97M |
| Depreciation & Amortization | $190.00K |
| Change in Receivables | $156.00K |
| Change in Payables | $-12.00K |
| Operating Cash Flow | $-2.48M |
| Capital Expenditure | $38.00K |
| Investing Cash Flow | $-1.04M |
| Financing Cash Flow | $3.21M |
| Net Change in Cash | $-309.00K |
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 | $543.00K | $535.00K | $2.40M | $2.69M |
| Cost of Revenue | $138.00K | $109.00K | $499.00K | $534.00K |
| Gross Profit | $405.00K | $426.00K | $1.90M | $2.15M |
| Operating Expenses | $2.33M | $1.32M | $9.95M | $3.80M |
| Operating Income | $-1.93M | $-899.00K | $-8.05M | $-1.65M |
| Interest Expense | $59.00K | $62.00K | $207.00K | - |
| Other Income/Expense | $-1.00K | $-23.00K | $-1.35M | $-26.00K |
| Income Before Tax | $-1.99M | $-984.00K | $-9.61M | $-1.81M |
| Income Tax Expense | - | $-9.00K | - | $-9.00K |
| Net Income | $-1.99M | $-975.00K | $-9.61M | $-1.80M |
| Diluted EPS | -0.10 | -0.04 | -0.31 | -0.07 |
| Diluted Shares Outstanding | $20.57M | $25.00M | $31.10M | $25.00M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $310.00K | $48.00K |
| Accounts Receivable | $538.00K | $515.00K |
| Other Current Assets | $207.00K | $1.22M |
| Total Current Assets | $3.16M | $1.79M |
| Property Plant & Equipment | $183.00K | $219.00K |
| Intangible Assets | $4.31M | $3.89M |
| Total Assets | $10.75M | $6.42M |
| Accounts Payable | $505.00K | $634.00K |
| Short-term Debt | $4.57M | $5.62M |
| Accrued Liabilities | $1.11M | $1.05M |
| Deferred Revenue | $256.00K | $147.00K |
| Total Current Liabilities | $6.52M | $7.52M |
| Total Liabilities | $6.96M | $8.02M |
| Common Stock | $7.00K | $5.00K |
| Retained Earnings | $-11.53M | $-1.92M |
| Total Stockholders Equity | $3.78M | $-1.60M |
| Total Liabilities & Equity | $10.75M | $6.42M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-1.99M | $-975.00K | $-9.61M | $-1.80M |
| Depreciation & Amortization | - | - | $444.00K | $40.00K |
| Stock-based Compensation | - | - | $3.52M | - |
| Change in Receivables | - | - | $23.00K | $33.00K |
| Change in Payables | - | - | $-136.00K | $-50.00K |
| Operating Cash Flow | - | - | $-9.04M | $-1.76M |
| Capital Expenditure | - | - | - | $36.00K |
| Investing Cash Flow | - | - | $-828.00K | $-817.00K |
| Stock Issued | - | - | $9.33M | - |
| Financing Cash Flow | - | - | $10.12M | $2.48M |
| Net Change in Cash | - | - | $262.00K | $-100.00K |
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.