$11.06M
Revenue
$-22.01M
Net Income
-
Gross Margin
-123.75%
Op. Margin
$-3.00M
Free Cash Flow
| Breakdown | Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
|---|---|---|---|---|---|---|
| Total Revenue | $2.72M | $2.28M | $2.73M | $3.33M | $6.28M | $7.33M |
| Revenue Growth % (YoY) | -56.7% | -68.9% | nan% | nan% | nan% | nan% |
| Research & Development | $115.00K | $125.00K | $147.00K | $279.00K | $338.00K | $532.00K |
| Operating Income | $-3.63M | $-4.92M | $-969.00K | $-4.16M | $-906.00K | $-5.48M |
| Operating Margin % | -133.7% | -215.7% | -35.5% | -125.1% | -14.4% | -74.7% |
| Interest Expense | $92.00K | $124.00K | $141.00K | $114.00K | $173.00K | $184.00K |
| Other Income/Expense | $-668.00K | $-7.62M | $-2.90M | $-9.00K | $152.00K | - |
| Income Before Tax | $-4.30M | $-12.54M | $-3.87M | $-4.17M | $-754.00K | $-8.22M |
| Income Tax Expense | $-348.00K | $-125.00K | $-28.00K | $-131.00K | $-59.00K | $-24.00K |
| Net Income | $-3.39M | $-11.66M | $-3.67M | $-3.29M | $-590.00K | $-7.18M |
| Net Margin % | -124.9% | -511.1% | -134.2% | -98.9% | -9.4% | -97.9% |
| Basic EPS | 0.32 | 1.61 | nan | 3.21 | -0.03 | -0.48 |
| Diluted EPS | 0.32 | 1.61 | 0.68 | 3.21 | -0.03 | -0.48 |
| Basic Shares Outstanding | 10.5M | 7.2M | 5.4M | -12.3M | 20.4M | 15.1M |
| Diluted Shares Outstanding | 10.5M | 7.2M | 5.4M | -12.3M | 20.4M | 15.1M |
| Breakdown | Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $2.17M | $1.99M | $181.00K | $624.00K | $1.41M | $609.00K |
| Accounts Receivable | $1.33M | $1.05M | $1.04M | $1.83M | $6.09M | $6.07M |
| Other Current Assets | $405.00K | $933.00K | $1.22M | $1.26M | $1.43M | $773.00K |
| Total Current Assets | $4.10M | $4.14M | $6.51M | $7.75M | $12.89M | $11.36M |
| Property Plant & Equipment | $81.00K | $108.00K | $129.00K | $27.00K | $36.00K | $40.00K |
| Goodwill | $6.21M | $6.55M | $9.70M | $4.58M | $7.51M | $7.51M |
| Intangible Assets | $6.46M | $9.26M | $10.02M | $9.55M | $10.27M | $11.00M |
| Total Assets | $16.88M | $20.10M | $26.41M | $22.07M | $30.80M | $30.01M |
| Accounts Payable | $4.74M | $5.53M | $4.96M | $5.93M | $9.97M | $8.80M |
| Short-term Debt | $1.32M | $3.15M | $2.93M | $2.31M | $2.60M | $2.36M |
| Other Current Liabilities | $845.00K | - | - | - | - | - |
| Total Current Liabilities | $8.55M | $12.66M | $15.36M | $12.93M | $16.93M | $15.50M |
| Long-term Debt | $781.00K | - | - | $496.00K | $1.08M | $1.67M |
| Deferred Tax Liabilities | $743.00K | $1.11M | $1.22M | $1.14M | $1.22M | $1.31M |
| Common Stock | $4.00K | $4.00K | $3.00K | $3.00K | $3.00K | $3.00K |
| Retained Earnings | $-45.48M | $-42.09M | $-26.38M | $-22.71M | $-19.43M | $-18.84M |
| Total Stockholders Equity | $5.55M | $4.52M | $7.26M | $5.77M | $9.04M | $7.07M |
| Total Liabilities & Equity | $16.88M | $20.10M | $26.41M | $22.07M | $30.80M | $30.01M |
| Breakdown | Q3 2025 (Sep 30, 2025) |
Q2 2025 (Jun 30, 2025) |
Q1 2025 (Mar 31, 2025) |
Q4 2024 (Dec 31, 2024) |
Q3 2024 (Sep 30, 2024) |
Q2 2024 (Jun 30, 2024) |
|---|---|---|---|---|---|---|
| Net Income | $-3.39M | $-11.66M | $-3.67M | $-3.29M | $-590.00K | $-8.18M |
| Depreciation & Amortization | $791.00K | $781.00K | $719.00K | $730.00K | $2.28M | $1.55M |
| Stock-based Compensation | - | $75.00K | $3.00K | $-22.00K | $90.00K | $29.00K |
| Deferred Income Tax | - | - | - | - | $-70.00K | $-159.00K |
| Change in Receivables | $278.00K | $-783.00K | $-795.00K | $-4.26M | $18.00K | $-931.00K |
| Change in Payables | $-795.00K | $574.00K | $-966.00K | $-4.04M | $-2.35M | $-3.52M |
| Operating Cash Flow | $-1.72M | $-427.00K | $-409.00K | $-447.00K | $1.99M | $1.35M |
| Acquisitions | - | - | $-12.00K | - | - | - |
| Investing Cash Flow | - | - | $12.00K | - | - | - |
| Debt Repayment | $2.23M | $1.33M | $658.00K | - | $510.00K | $320.00K |
| Stock Issued | - | - | - | - | - | $237.00K |
| Financing Cash Flow | $1.93M | $2.30M | $-45.00K | $-317.00K | $-2.47M | $-2.07M |
| Net Change in Cash | $210.00K | $1.48M | $-442.00K | $-765.00K | $-476.00K | $-1.27M |
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 | $2.72M | $6.28M | $7.73M | $23.62M |
| Research & Development | $115.00K | $338.00K | $387.00K | $1.60M |
| Operating Income | $-3.63M | $-906.00K | $-9.52M | $-7.40M |
| Interest Expense | $92.00K | $173.00K | $357.00K | $562.00K |
| Other Income/Expense | $-668.00K | $152.00K | $-11.19M | $-2.75M |
| Income Before Tax | $-4.30M | $-754.00K | $-20.72M | $-10.15M |
| Income Tax Expense | $-348.00K | $-59.00K | $-501.00K | $-82.00K |
| Net Income | $-3.39M | $-590.00K | $-18.72M | $-8.77M |
| Basic EPS | 0.32 | 0.12 | 2.42 | 2.09 |
| Diluted EPS | 0.32 | 0.12 | 2.42 | 2.09 |
| Basic Shares Outstanding | $10.50M | $5.10M | $7.73M | $4.20M |
| Diluted Shares Outstanding | $10.50M | $5.10M | $7.73M | $4.20M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $2.17M | $624.00K |
| Accounts Receivable | $1.33M | $1.83M |
| Other Current Assets | $405.00K | $1.26M |
| Total Current Assets | $4.10M | $7.75M |
| Property Plant & Equipment | $81.00K | $27.00K |
| Goodwill | $6.21M | $4.58M |
| Intangible Assets | $6.46M | $9.55M |
| Total Assets | $16.88M | $21.97M |
| Accounts Payable | $4.74M | $5.93M |
| Short-term Debt | $1.32M | $2.31M |
| Other Current Liabilities | $845.00K | $812.00K |
| Total Current Liabilities | $8.55M | $12.93M |
| Long-term Debt | $781.00K | $496.00K |
| Deferred Tax Liabilities | $743.00K | $1.03M |
| Common Stock | $4.00K | $3.00K |
| Retained Earnings | $-45.48M | $-22.71M |
| Total Stockholders Equity | $5.55M | $5.77M |
| Total Liabilities & Equity | $16.88M | $21.97M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-3.39M | $-590.00K | $-18.72M | $-8.77M |
| Depreciation & Amortization | $791.00K | $727.00K | $2.29M | $2.28M |
| Stock-based Compensation | - | $61.00K | $78.00K | $90.00K |
| Change in Receivables | $278.00K | $18.00K | $-505.00K | $-5.27M |
| Change in Payables | $-795.00K | $1.17M | $-1.19M | $-2.35M |
| Operating Cash Flow | $-1.72M | $534.00K | $-2.55M | $1.99M |
| Investing Cash Flow | - | - | $12.00K | - |
| Debt Repayment | $2.23M | $190.00K | $3.56M | $510.00K |
| Financing Cash Flow | $1.93M | $262.00K | $4.23M | $-2.47M |
| Net Change in Cash | $210.00K | $796.00K | $1.69M | $-476.00K |
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.