$3.50M
Revenue
$-2.97M
Net Income
81.39%
Gross Margin
-77.85%
Op. Margin
$-2.52M
Free Cash Flow
| Breakdown | Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
|---|---|---|---|
| Total Revenue | $543.00K | $1.12M | $739.00K |
| Revenue Growth % (YoY) | nan% | nan% | nan% |
| Cost of Revenue | $138.00K | $175.00K | $186.00K |
| Gross Profit | $405.00K | $941.00K | $553.00K |
| Gross Margin % | 74.6% | 84.3% | 74.8% |
| Operating Expenses | $2.33M | $2.30M | $5.32M |
| Operating Income | $-1.93M | $-1.36M | $-4.76M |
| Operating Margin % | -354.9% | -121.9% | -644.4% |
| Interest Expense | $207.00K | $149.00K | $69.00K |
| Other Income/Expense | $-1.00K | $-1.34M | $-5.00K |
| Income Before Tax | $-1.99M | $-2.78M | $-4.84M |
| Net Income | $-1.99M | $-2.78M | $-4.84M |
| Net Margin % | -365.9% | -249.5% | -654.4% |
| Basic EPS | nan | -0.13 | -0.18 |
| Diluted EPS | -0.10 | -0.13 | -0.18 |
| Basic Shares Outstanding | - | 21.4M | 27.1M |
| Diluted Shares Outstanding | 20.6M | 21.4M | 27.1M |
| Breakdown | Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
|---|---|---|---|
| Cash & Cash Equivalents | $310.00K | $739.00K | $247.00K |
| Accounts Receivable | $538.00K | $233.00K | $317.00K |
| Other Current Assets | $207.00K | $260.00K | $222.00K |
| Total Current Assets | $3.16M | $3.33M | $2.89M |
| Property Plant & Equipment | $183.00K | $194.00K | $206.00K |
| Intangible Assets | $4.31M | $4.15M | $4.03M |
| Total Assets | $10.75M | $11.06M | $10.79M |
| Accounts Payable | $505.00K | $425.00K | $308.00K |
| Short-term Debt | $4.57M | $3.67M | $4.00M |
| Accrued Liabilities | $1.11M | $986.00K | $740.00K |
| Deferred Revenue | $256.00K | $97.00K | $270.00K |
| Total Current Liabilities | $6.52M | $5.25M | $5.39M |
| Total Liabilities | $6.96M | $5.72M | $5.88M |
| Common Stock | $7.00K | - | $5.00K |
| Retained Earnings | $-11.53M | $-9.54M | $-6.76M |
| Total Stockholders Equity | $3.78M | $5.34M | $4.92M |
| Total Liabilities & Equity | $10.75M | $11.06M | $10.79M |
| Breakdown | Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
|---|---|---|---|
| Net Income | $-1.99M | $-7.62M | $-4.84M |
| Depreciation & Amortization | $444.00K | $297.00K | $149.00K |
| Stock-based Compensation | $3.52M | $3.52M | $3.51M |
| Change in Receivables | $23.00K | $-282.00K | $-203.00K |
| Change in Payables | $-136.00K | $-217.00K | $-321.00K |
| Operating Cash Flow | $-9.04M | $-7.58M | $-6.79M |
| Investing Cash Flow | $-828.00K | $-530.00K | $-273.00K |
| Stock Issued | $9.33M | $8.90M | $8.90M |
| Financing Cash Flow | $10.12M | $8.80M | $7.26M |
| Net Change in Cash | $262.00K | $691.00K | $199.00K |
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-Q filings.
Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.