$81.08M
Revenue
$-31.07M
Net Income
23.44%
Gross Margin
-29.25%
Op. Margin
$-20.10M
Free Cash Flow
| Breakdown | TTM (Dec 31, 2024) |
FY 2024 (Sep 30, 2024) |
FY 2023 (Sep 30, 2023) |
FY 2022 (Sep 30, 2022) |
FY 2021 (Sep 30, 2021) |
FY 2020 (Sep 30, 2020) |
|---|---|---|---|---|---|---|
| Total Revenue | $81.08M | $85.90M | $97.72M | $124.13M | $158.44M | $110.13M |
| Revenue Growth % | -5.6% | -12.1% | -21.3% | -21.7% | 43.9% | nan% |
| Cost of Revenue | $62.08M | $67.08M | $74.32M | $94.41M | $96.96M | $74.55M |
| Gross Profit | $19.00M | $18.82M | $23.39M | $29.72M | $61.49M | $35.58M |
| Gross Margin % | 23.4% | 21.9% | 23.9% | 23.9% | 38.8% | 32.3% |
| Operating Expenses | $42.72M | $43.37M | $72.13M | $53.87M | $42.51M | $42.62M |
| Research & Development | $10.94M | $12.92M | $17.91M | $18.54M | $17.45M | $20.27M |
| Selling General & Admin | $22.84M | $22.28M | $32.73M | $33.71M | $24.54M | $24.63M |
| Operating Income | $-23.72M | $-24.55M | $-48.74M | $-24.15M | $18.98M | $-7.03M |
| Operating Margin % | -29.3% | -28.6% | -49.9% | -19.5% | 12.0% | -6.4% |
| Interest Expense | - | $571.00K | $1.23M | $40.00K | $61.00K | $113.00K |
| Other Income/Expense | $3.60M | $3.58M | $121.00K | $171.00K | $7.23M | $94.00K |
| Income Before Tax | $-27.91M | $-26.82M | $-49.37M | $-24.47M | $26.21M | $-6.94M |
| Income Tax Expense | $43.00K | $29.00K | $42.00K | $-139.00K | $572.00K | $60.00K |
| Net Income | $-31.07M | $-31.24M | $-75.36M | $-24.33M | $25.64M | $-7.00M |
| Net Margin % | -38.3% | -36.4% | -77.1% | -19.6% | 16.2% | -6.4% |
| Basic EPS | -3.44 | -3.46 | -1.46 | -0.65 | 0.75 | -0.24 |
| Diluted EPS | -3.44 | -3.46 | -1.46 | -0.65 | 0.72 | -0.24 |
| Basic Shares Outstanding | 9.1M | 9.0M | 51.5M | 37.3M | 34.0M | 29.1M |
| Diluted Shares Outstanding | 9.1M | 9.0M | 51.5M | 37.3M | 35.8M | 29.1M |
| Breakdown | FY 2024 (Sep 30, 2024) |
FY 2023 (Sep 30, 2023) |
FY 2022 (Sep 30, 2022) |
FY 2021 (Sep 30, 2021) |
FY 2020 (Sep 30, 2020) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $10.29M | $26.21M | $25.62M | $71.62M | $30.39M |
| Accounts Receivable | $14.34M | $15.57M | $18.07M | $31.85M | $25.32M |
| Inventory | $25.07M | $28.91M | $37.03M | $32.31M | - |
| Other Current Assets | $137.00K | $922.00K | $1.33M | $6.88M | $5.59M |
| Total Current Assets | $55.02M | $92.39M | $92.94M | $144.32M | $90.11M |
| Property Plant & Equipment | $7.87M | $15.52M | $37.87M | $22.54M | $21.05M |
| Goodwill | - | - | $17.89M | $69.00K | $69.00K |
| Intangible Assets | $10.29M | $12.24M | $14.79M | $167.00K | $202.00K |
| Other Non-current Assets | $2.65M | $2.20M | $2.35M | $225.00K | $242.00K |
| Total Assets | $93.91M | $143.91M | $189.08M | $180.81M | $126.24M |
| Accounts Payable | $8.56M | $9.68M | $12.73M | $16.69M | $16.48M |
| Deferred Revenue | $1.42M | $1.63M | $5.30M | $368.00K | - |
| Total Current Liabilities | $18.46M | $28.79M | $29.22M | $27.82M | $29.05M |
| Other Non-current Liabilities | $4.66M | $8.00K | $106.00K | $794.00K | $794.00K |
| Total Liabilities | $43.75M | $63.62M | $70.25M | $43.35M | $52.09M |
| Common Stock | $825.62M | $825.12M | $787.35M | $782.27M | $744.36M |
| Retained Earnings | $-728.70M | $-697.46M | $-622.10M | $-597.77M | $-623.41M |
| Treasury Stock | - | - | - | $47.72M | $47.72M |
| Total Stockholders Equity | $50.17M | $80.29M | $118.83M | $137.47M | $74.15M |
| Total Liabilities & Equity | $93.91M | $143.91M | $189.08M | $180.81M | $126.24M |
| Breakdown | TTM (Dec 31, 2024) |
FY 2024 (Sep 30, 2024) |
FY 2023 (Sep 30, 2023) |
FY 2022 (Sep 30, 2022) |
FY 2021 (Sep 30, 2021) |
FY 2020 (Sep 30, 2020) |
|---|---|---|---|---|---|---|
| Net Income | $-36.75M | $-31.24M | $-75.36M | $-24.33M | $25.64M | $-7.00M |
| Depreciation & Amortization | $9.75M | $5.51M | $4.85M | $4.78M | $4.06M | $5.48M |
| Stock-based Compensation | $2.31M | $548.00K | $5.44M | $5.37M | $4.18M | $3.52M |
| Change in Working Capital | $-7.87M | $-9.42M | $12.92M | $-15.89M | $22.94M | $3.83M |
| Change in Receivables | $-3.41M | $-1.14M | $1.95M | $-19.55M | $5.35M | $7.52M |
| Change in Inventory | $332.00K | $-3.84M | $5.99M | $-6.22M | $6.33M | $1.23M |
| Change in Payables | $-2.67M | $-1.12M | $-522.00K | $-7.29M | $-420.00K | $6.17M |
| Operating Cash Flow | $-19.81M | $-5.31M | $-33.64M | $2.96M | $11.15M | $-3.89M |
| Capital Expenditure | $292.00K | - | $1.86M | $6.57M | $5.36M | $4.52M |
| Acquisitions | - | - | $-96.00K | $59.86M | - | - |
| Investing Cash Flow | $770.00K | $31.00K | $9.47M | $-62.70M | $-3.84M | $10.89M |
| Stock Issued | - | - | $34.25M | $29.00K | $35.94M | - |
| Financing Cash Flow | $-13.41M | $-10.64M | $24.40M | $14.35M | $33.73M | $1.50M |
| Net Change in Cash | $-32.45M | $-15.92M | $1.09M | $-45.54M | $41.14M | $8.56M |
SEC Filing Format - Data shown as it appears in the Q1 2025 (10-Q) filing
Period ended: Dec 31, 2024
Condensed Consolidated Statements of Operations
| Description | Dec 31, 2024 | |
|---|---|---|
| Current | Prior Year | |
| Total Revenue | $19.30M | $24.12M |
| Cost of Revenue | $13.04M | $18.04M |
| Gross Profit | $6.27M | $6.09M |
| Operating Expenses | $9.75M | $10.40M |
| Research & Development | $1.63M | $3.61M |
| Selling General & Admin | $7.17M | $6.61M |
| Operating Income | $-3.48M | $-4.31M |
| Interest Expense | - | $274.00K |
| Other Income/Expense | $7.00K | $-16.00K |
| Income Before Tax | $-5.42M | $-4.33M |
| Income Tax Expense | $42.00K | $28.00K |
| Net Income | $-5.51M | $-5.68M |
| Basic EPS | -0.61 | -0.64 |
| Diluted EPS | -0.61 | -0.64 |
| Basic Shares Outstanding | $9.07M | $8.90M |
| Diluted Shares Outstanding | $9.07M | $8.90M |
Condensed Consolidated Balance Sheets
| Description | Dec 31, 2024 | Sep 30, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $8.48M | $10.29M |
| Accounts Receivable | $14.65M | $14.34M |
| Inventory | $26.02M | $25.07M |
| Other Current Assets | $128.00K | $137.00K |
| Total Current Assets | $53.94M | $55.02M |
| Property Plant & Equipment | $7.30M | $7.87M |
| Intangible Assets | $9.81M | $10.29M |
| Other Non-current Assets | $2.66M | $2.65M |
| Total Assets | $91.07M | $93.91M |
| Accounts Payable | $8.04M | $8.56M |
| Deferred Revenue | $2.48M | $1.42M |
| Total Current Liabilities | $19.06M | $18.46M |
| Total Liabilities | $45.91M | $43.75M |
| Common Stock | $826.13M | $825.62M |
| Retained Earnings | $-734.21M | $-728.70M |
| Total Stockholders Equity | $45.16M | $50.17M |
| Total Liabilities & Equity | $91.07M | $93.91M |
Condensed Consolidated Statements of Cash Flows
| Description | Dec 31, 2024 | |
|---|---|---|
| Current | Prior Year | |
| Net Income | $-5.51M | $-5.68M |
| Depreciation & Amortization | $1.07M | $1.46M |
| Stock-based Compensation | $506.00K | $848.00K |
| Change in Working Capital | $-139.00K | $-39.00K |
| Change in Receivables | $-298.00K | $238.00K |
| Change in Inventory | $953.00K | $3.05M |
| Change in Payables | $-483.00K | $2.89M |
| Operating Cash Flow | $-1.81M | $-4.35M |
| Capital Expenditure | - | $214.00K |
| Investing Cash Flow | - | $818.00K |
| Financing Cash Flow | - | $-2.00M |
| Net Change in Cash | $-1.81M | $-5.53M |
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.