$60.07M
Revenue
$-20.32M
Net Income
36.75%
Gross Margin
-18.44%
Op. Margin
$-9.99M
Free Cash Flow
| Breakdown | TTM (Sep 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $60.07M | $56.86M | $79.63M | $27.52M | $7.01M | $8.08M | $65.76M | $82.32M | $99.35M | $107.67M | $119.07M | $131.32M | $104.25M | $143.78M |
| Revenue Growth % | 5.6% | -28.6% | 189.3% | 292.6% | -13.2% | -87.7% | -20.1% | -17.1% | -7.7% | -9.6% | -9.3% | 26.0% | -27.5% | nan% |
| Cost of Revenue | $37.99M | $36.44M | $51.94M | $20.14M | $4.58M | $5.76M | $44.46M | $61.49M | $72.77M | $76.12M | $76.91M | $86.42M | $62.75M | $84.88M |
| Gross Profit | $22.08M | $20.43M | $27.70M | $7.38M | $2.43M | $2.32M | $21.31M | $20.84M | $26.58M | - | - | - | - | - |
| Gross Margin % | 36.7% | 35.9% | 34.8% | 26.8% | 34.7% | 28.7% | 32.4% | 25.3% | 26.8% | nan% | nan% | nan% | nan% | nan% |
| Operating Expenses | $33.15M | $32.74M | $35.16M | $17.83M | $10.61M | $7.94M | $27.87M | $32.60M | $31.04M | $118.18M | $115.78M | $130.16M | $100.85M | $126.26M |
| Selling General & Admin | $27.11M | $27.05M | $29.07M | $12.21M | $7.13M | $7.05M | $27.50M | $28.70M | $35.19M | $40.83M | $38.63M | $36.74M | $38.10M | $40.11M |
| Operating Income | $-11.08M | $-12.32M | $-7.47M | $-10.45M | $-8.17M | $-5.62M | $-6.56M | $-11.76M | $-4.46M | $-10.51M | $3.29M | $1.16M | $3.40M | $17.51M |
| Operating Margin % | -18.4% | -21.7% | -9.4% | -38.0% | -116.6% | -69.6% | -10.0% | -14.3% | -4.5% | -9.8% | 2.8% | 0.9% | 3.3% | 12.2% |
| Interest Expense | $3.87M | $1.60M | $2.66M | $976.61K | $8.02K | $28.51K | $38.35K | $71.43K | $119.63K | $120.44K | $79.84K | $106.10K | $136.25K | $165.51K |
| Other Income/Expense | $-9.16M | $-3.50M | $646.15K | $7.18M | $17.76K | $932.10K | $171.65K | $-95.31K | $-3.40M | $104.15K | $-111.69K | $-53.24K | $1.56K | $105.07K |
| Income Before Tax | $-20.24M | $-15.81M | $-6.82M | $-3.27M | $-8.15M | $-4.69M | $-6.39M | $-11.86M | $-7.86M | $-10.40M | $3.18M | $1.10M | $3.40M | $17.62M |
| Income Tax Expense | $80.31K | $34.82K | $119.18K | $12.24K | $24.57K | $14.57K | $405.27K | $-34.50K | $256.95K | $-753.41K | $1.22M | $2.06M | $1.16M | $7.82M |
| Net Income | $-20.32M | $-15.85M | $-8.13M | $-10.35M | $2.97M | $-171.66K | $-6.79M | $-11.83M | $-8.11M | $-9.65M | $1.96M | $-957.89K | $2.24M | $9.80M |
| Net Margin % | -33.8% | -27.9% | -10.2% | -37.6% | 42.4% | -2.1% | -10.3% | -14.4% | -8.2% | -9.0% | 1.6% | -0.7% | 2.1% | 6.8% |
| Basic EPS | -32.30 | -50.58 | -0.81 | -4.04 | 0.31 | -0.02 | -0.75 | -1.32 | -0.92 | -1.11 | 0.23 | -0.11 | 0.26 | 1.16 |
| Diluted EPS | -32.30 | -50.58 | -0.81 | -4.04 | 0.31 | -0.02 | -0.75 | -1.32 | -0.92 | -1.11 | 0.23 | -0.11 | 0.26 | 1.15 |
| Basic Shares Outstanding | 3.4M | 542K | 10.0M | 6.7M | 9.5M | 9.3M | 9.1M | 8.9M | 8.8M | 8.7M | 8.6M | 8.5M | 8.5M | 8.4M |
| Diluted Shares Outstanding | 3.4M | 542K | 10.0M | 6.7M | 9.7M | 9.3M | 9.1M | 8.9M | 8.8M | 8.7M | 8.6M | 8.5M | 8.5M | 8.5M |
| Breakdown | FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $839.27K | $3.58M | $2.19M | $3.49M | $12.79M | $11.06M | $12.45M | $10.44M | $9.81M | $13.74M | $20.06M | $17.87M | $22.52M |
| Short-term Investments | - | - | $2.67M | $135.24K | $2.76M | - | $5.54M | $5.81M | $5.23M | $4.60M | $5.74M | $12.70M | $18.64M |
| Accounts Receivable | $4.88M | $5.01M | $5.56M | $1.80M | $4.40M | $13.40M | $12.18M | $14.55M | $17.85M | $13.84M | $22.90M | $14.68M | $14.46M |
| Inventory | $2.71M | $3.58M | $6.05M | $194.51K | $136.26K | $16.18M | $13.98M | $22.20M | $24.99M | $31.11M | $29.11M | $33.75M | $25.99M |
| Other Current Assets | $198.72K | $376.05K | $634.36K | $901.75K | $556.95K | $1.55M | $810.53K | $967.33K | $1.04M | $1.05M | $716.78K | $783.35K | $999.86K |
| Total Current Assets | $11.11M | $15.78M | $25.96M | $6.53M | $35.76M | $42.34M | $45.47M | $55.37M | $61.89M | $69.91M | $83.67M | $85.92M | $89.95M |
| Property Plant & Equipment | $1.24M | $1.51M | $1.19M | $140.76K | $304.76K | $10.96M | $12.62M | $15.72M | $17.47M | $18.15M | $14.94M | $14.47M | $14.02M |
| Goodwill | $17.44M | $20.55M | $20.55M | $2.09M | $2.09M | - | - | $1.46M | $1.46M | - | - | $5.96M | $5.99M |
| Intangible Assets | $12.22M | $15.81M | $20.55M | $2.33M | $2.78M | - | - | - | - | - | - | - | - |
| Long-term Investments | - | - | - | - | - | - | - | - | $6.29M | $11.54M | $3.92M | $5.38M | $4.88M |
| Other Non-current Assets | $33.36M | $40.88M | $47.54M | $13.41M | $19.49M | $23.83K | $55.11K | $2.08M | $8.56M | $12.23M | $4.92M | $12.14M | $12.69M |
| Total Assets | $45.71M | $58.17M | $74.70M | $20.07M | $55.56M | $53.32M | $58.15M | $73.18M | $87.92M | $100.29M | $103.53M | $112.53M | $116.66M |
| Accounts Payable | $8.03M | $7.68M | $7.59M | $798.46K | $709.28K | $5.39M | $4.55M | $6.95M | $8.37M | $5.18M | $4.89M | $9.24M | $4.40M |
| Deferred Revenue | $444.31K | $440.09K | $2.71M | $635.89K | $456.91K | - | - | - | - | - | - | - | - |
| Other Current Liabilities | $1.06M | $867.73K | $1.24M | - | - | - | - | - | - | - | - | - | - |
| Total Current Liabilities | $27.16M | $22.37M | $25.93M | $2.61M | $7.44M | $11.64M | $8.96M | $11.37M | $15.44M | $12.99M | $13.07M | $15.24M | $15.39M |
| Deferred Tax Liabilities | - | $41.58K | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock | $93.43K | $512.33K | $495.78K | $486.03K | $466.10K | $457.92K | $448.69K | $443.87K | $437.73K | $432.74K | $427.67K | $423.75K | $423.34K |
| Retained Earnings | $-42.90M | $-27.08M | $-19.09M | $-28.35M | $4.14M | $-734.00K | $7.33M | $20.60M | $32.28M | $47.69M | $51.32M | $57.76M | $61.47M |
| Total Stockholders Equity | $8.55M | $20.44M | $27.22M | $17.02M | $47.49M | $41.65M | $49.17M | $61.63M | $72.18M | $86.02M | $88.62M | $94.00M | $97.53M |
| Total Liabilities & Equity | $45.71M | $58.17M | $74.70M | $20.07M | $55.56M | $53.32M | $58.15M | $73.18M | $87.92M | $100.29M | $103.53M | $112.53M | $116.66M |
| Breakdown | TTM (Sep 30, 2025) |
FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
FY 2012 (Dec 31, 2012) |
FY 2011 (Dec 31, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-20.32M | $-15.85M | $-8.13M | $-10.35M | $2.97M | $-171.66K | $-6.79M | $-11.83M | $-8.11M | $-9.65M | $1.96M | $-957.89K | $2.24M | $9.80M |
| Depreciation & Amortization | $4.54M | $3.15M | $5.14M | $3.23M | $821.98K | $808.04K | $2.21M | $3.19M | $3.68M | $3.31M | $2.48M | $2.18M | $2.13M | $2.10M |
| Stock-based Compensation | $201.47K | $29.00K | $1.21M | $309.20K | $559.40K | $463.27K | $190.72K | $417.49K | $631.88K | $898.76K | $784.78K | $-80.89K | $302.96K | $448.90K |
| Deferred Income Tax | - | $-41.58K | $41.58K | - | - | $9.53K | $19.07K | $-91.13K | $-8.46K | $2.22M | $790.40K | $-317.73K | $-631.63K | $1.70M |
| Change in Receivables | $-1.70M | $-5.97K | $-623.98K | $899.80K | $-2.56M | $3.88M | $1.24M | $-2.39M | $-3.25M | $3.98M | $-9.06M | $8.21M | $189.78K | $-3.27M |
| Change in Inventory | $-240.50K | $-853.52K | $-2.48M | $-392.66K | $58.24K | $-14.11K | $2.25M | $-8.27M | $-2.68M | $-6.10M | $2.04M | $-4.65M | $7.71M | $602.41K |
| Change in Payables | $-1.25M | $355.51K | $83.08K | $-706.35K | $89.23K | $283.69K | $944.05K | $-2.50M | $-1.18M | $2.94M | $105.60K | $-4.34M | $4.82M | $-1.03M |
| Operating Cash Flow | $-9.99M | $-6.30M | $-667.18K | $-7.58M | $-4.61M | $-4.68M | $-4.72M | $3.65M | - | - | - | - | $200.17K | $14.07M |
| Capital Expenditure | - | $32.78K | $655.69K | $116.91K | $34.84K | $169.10K | $763.63K | $773.37K | $2.29M | $2.39M | $5.58M | $2.70M | $2.61M | $2.76M |
| Acquisitions | - | - | - | $10.99M | - | $4.80M | - | - | - | $917.36K | - | - | - | $3.14M |
| Purchases of Investments | - | - | - | - | - | $18.67M | $6.58M | $6.04M | - | - | $12.68M | $4.40M | $15.01M | $20.88M |
| Investing Cash Flow | - | $-26.67K | $3.57M | $-3.10M | $30.54M | $3.93M | $4.81M | $-293.51K | - | - | - | - | $3.04M | $-3.12M |
| Stock Issued | - | - | - | - | - | - | - | - | - | $145.52K | $246.12K | $310.86K | $297.66K | $257.25K |
| Stock Repurchased | - | $6.10K | $38.40K | - | $4.81M | $354.90K | - | - | - | - | - | - | $757.95K | - |
| Dividends Paid | - | - | - | - | $34.04M | $563.88K | $1.49M | $1.46M | $4.63M | $5.62M | $5.57M | $4.10M | $6.73M | $5.06M |
| Financing Cash Flow | $16.47M | $2.08M | $-2.76M | $15.91M | $-35.59M | $-799.87K | $-1.42M | $-1.36M | - | - | - | - | $-7.92M | $-5.18M |
| Net Change in Cash | $6.45M | $-4.24M | $139.87K | $5.24M | $-9.60M | $-1.52M | - | $2.01M | $630.54K | $-3.92M | $-6.32M | $2.19M | $-4.65M | $5.73M |
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 | $18.99M | - | $44.69M | - |
| Cost of Revenue | $11.78M | - | $28.21M | - |
| Gross Profit | $7.21M | - | $16.48M | - |
| Operating Expenses | $7.46M | - | $21.06M | - |
| Selling General & Admin | $6.90M | - | $19.38M | - |
| Operating Income | $-245.73K | - | $-4.58M | - |
| Interest Expense | $143.42K | - | $1.27M | - |
| Other Income/Expense | $-130.56K | - | $-8.87M | - |
| Income Before Tax | $-376.30K | - | $-13.45M | - |
| Income Tax Expense | $16.68K | - | $45.53K | - |
| Net Income | $-392.98K | - | $-13.50M | - |
| Basic EPS | -0.12 | - | -6.19 | - |
| Diluted EPS | -0.12 | - | -6.19 | - |
| Basic Shares Outstanding | $3.41M | - | $2.18M | - |
| Diluted Shares Outstanding | $3.41M | - | $2.18M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $5.41M | $839.27K |
| Accounts Receivable | $4.92M | $4.88M |
| Inventory | $3.01M | $2.71M |
| Other Current Assets | $612.25K | $198.72K |
| Total Current Assets | $17.17M | $11.11M |
| Property Plant & Equipment | $1.05M | $1.24M |
| Goodwill | $17.44M | $17.44M |
| Intangible Assets | $10.54M | $12.22M |
| Other Non-current Assets | $31.39M | $33.36M |
| Total Assets | $49.61M | $45.71M |
| Accounts Payable | $7.29M | $8.03M |
| Deferred Revenue | $1.89M | $444.31K |
| Other Current Liabilities | $1.48M | $1.06M |
| Total Current Liabilities | $19.03M | $27.16M |
| Common Stock | $170.33K | $467.00 |
| Retained Earnings | $-56.40M | $-42.90M |
| Total Stockholders Equity | $21.73M | $8.55M |
| Total Liabilities & Equity | $49.61M | $45.71M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-392.98K | - | $-13.50M | - |
| Depreciation & Amortization | - | - | $1.88M | - |
| Stock-based Compensation | - | - | $72.17K | - |
| Change in Receivables | - | - | $81.53K | - |
| Change in Inventory | - | - | $300.51K | - |
| Change in Payables | - | - | $395.28K | - |
| Operating Cash Flow | - | - | $-1.15M | - |
| Capital Expenditure | - | - | $17.79K | - |
| Investing Cash Flow | - | - | $-17.79K | - |
| Financing Cash Flow | - | - | $5.72M | - |
| Net Change in Cash | - | - | $4.55M | - |
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.