$18.34M
Revenue
$-11.31M
Net Income
68.67%
Gross Margin
-25.56%
Op. Margin
$-1.98M
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) |
|---|---|---|---|---|---|---|
| Total Revenue | $18.34M | $11.56M | $10.91M | $20.96M | $12.44M | $7.54M |
| Revenue Growth % | 58.6% | 6.0% | -47.9% | 68.4% | 65.0% | nan% |
| Cost of Revenue | $5.75M | $2.58M | $2.13M | $2.57M | $2.10M | $1.79M |
| Gross Profit | $12.60M | $8.98M | $8.79M | $18.39M | $10.34M | $5.75M |
| Gross Margin % | 68.7% | 77.7% | 80.5% | 87.7% | 83.1% | 76.2% |
| Operating Income | $-4.69M | $-7.35M | $-3.35M | $9.61M | $1.64M | $-2.55M |
| Operating Margin % | -25.6% | -63.6% | -30.6% | 45.8% | 13.2% | -33.8% |
| Interest Expense | - | - | - | - | $9.00K | $21.00K |
| Other Income/Expense | $1.18M | $924.00K | $707.00K | $71.00K | $13.00K | $894.00K |
| Net Income | $-11.31M | $-7.39M | $-3.08M | $1.79M | $-3.42M | $-2.60M |
| Net Margin % | -61.6% | -63.9% | -28.2% | 8.5% | -27.5% | -34.5% |
| Basic EPS | -0.58 | -0.38 | -150.00 | 0.09 | -0.18 | nan |
| Diluted EPS | nan | -0.38 | -0.15 | nan | nan | nan |
| 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) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $6.83M | $5.70M | $8.50M | $5.60M | $869.00K |
| Accounts Receivable | $5.02M | $1.17M | $892.00K | $1.10M | $1.36M |
| Other Current Assets | $507.00K | $467.00K | $368.00K | $333.00K | $80.00K |
| Total Current Assets | $15.13M | $10.00M | $15.22M | $10.18M | $9.75M |
| Property Plant & Equipment | $17.40M | $16.06M | $15.88M | $17.00M | $18.51M |
| Other Non-current Assets | $17.61M | $16.16M | $11.31M | $10.74M | $10.21M |
| Total Assets | $50.14M | $42.22M | $42.41M | $37.92M | $38.47M |
| Deferred Revenue | $833.00K | $217.00K | $227.00K | $217.00K | $260.00K |
| Other Current Liabilities | $730.00K | $465.00K | $480.00K | $509.00K | $453.00K |
| Total Current Liabilities | $11.20M | $2.48M | $2.31M | $2.40M | $2.95M |
| Other Non-current Liabilities | $24.00K | $14.00K | $30.00K | $53.00K | $83.00K |
| Total Liabilities | $16.96M | $7.52M | $8.63M | $14.33M | $18.40M |
| Common Stock | $85.88M | $84.68M | $83.39M | $82.38M | $81.48M |
| Retained Earnings | $-61.01M | $-53.62M | $-50.54M | $-52.32M | $-48.90M |
| Total Stockholders Equity | $33.18M | $34.70M | $33.77M | $23.59M | $20.07M |
| Total Liabilities & Equity | $50.14M | $42.22M | $42.41M | $37.92M | $38.47M |
| 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) |
|---|---|---|---|---|---|---|
| Net Income | $-11.31M | $-7.39M | $-3.08M | $1.79M | $-3.42M | $-2.60M |
| Depreciation & Amortization | - | $723.00K | $785.00K | $1.12M | $1.30M | $1.40M |
| Change in Receivables | - | $4.08M | $416.00K | $-183.00K | $-191.00K | $388.00K |
| Change in Payables | - | $873.00K | $102.00K | $9.00K | $-319.00K | $-457.00K |
| Operating Cash Flow | $-1.98M | $370.00K | $-1.37M | $6.26M | $1.39M | $2.20M |
| Capital Expenditure | - | $1.87M | $618.00K | - | $29.00K | $81.00K |
| Investing Cash Flow | $2.54M | $-2.10M | $-864.00K | $-3.02M | $4.10M | $-517.00K |
| Debt Repayment | $471.00K | $21.00K | - | - | $800.00K | $2.23M |
| Financing Cash Flow | $-1.03M | $2.87M | $-574.00K | $-335.00K | $-760.00K | $-1.50M |
| Net Change in Cash | $-464.00K | $1.14M | $-2.81M | $2.91M | $4.73M | $186.00K |
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 | $4.53M | $3.03M | $14.93M | $8.15M |
| Operating Income | $-360.00K | $-2.23M | $-2.85M | $-5.52M |
| Other Income/Expense | $71.00K | $75.00K | $525.00K | $271.00K |
| Net Income | $240.00K | $-2.24M | $-9.40M | $-5.48M |
| Basic EPS | 0.01 | -0.11 | -0.48 | -0.28 |
| Diluted EPS | - | - | -0.48 | -0.27 |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $4.93M | $6.83M |
| Accounts Receivable | $2.41M | $5.02M |
| Other Current Assets | $1.06M | $507.00K |
| Total Current Assets | $10.12M | $15.13M |
| Property Plant & Equipment | $17.53M | $17.40M |
| Other Non-current Assets | $18.19M | $17.61M |
| Total Assets | $45.84M | $50.14M |
| Deferred Revenue | $904.00K | $833.00K |
| Other Current Liabilities | $564.00K | $730.00K |
| Total Current Liabilities | $7.35M | $11.20M |
| Other Non-current Liabilities | $125.00K | $24.00K |
| Total Liabilities | $12.12M | $16.96M |
| Common Stock | $87.32M | $85.88M |
| Retained Earnings | $-70.41M | $-61.01M |
| Total Stockholders Equity | $33.72M | $33.18M |
| Total Liabilities & Equity | $45.84M | $50.14M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $240.00K | $-2.24M | $-9.40M | $-5.48M |
| Operating Cash Flow | - | - | $-1.65M | $147.00K |
| Investing Cash Flow | - | - | $90.00K | $-2.62M |
| Debt Repayment | - | - | $130.00K | - |
| Financing Cash Flow | - | - | $-353.00K | $2.91M |
| Net Change in Cash | - | - | $-1.91M | $438.00K |
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.