$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) |
FY 2019 (Sep 30, 2019) |
FY 2018 (Sep 30, 2018) |
FY 2017 (Sep 30, 2017) |
FY 2016 (Sep 30, 2016) |
FY 2015 (Sep 30, 2015) |
FY 2014 (Sep 30, 2014) |
FY 2013 (Sep 30, 2013) |
FY 2012 (Sep 30, 2012) |
FY 2011 (Sep 30, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $81.08M | $85.90M | $97.72M | $124.13M | $158.44M | $110.13M | $87.27M | $85.62M | $122.89M | $92.00M | $81.69M | $174.78M | $168.15M | $163.78M | $200.93M |
| Revenue Growth % | -5.6% | -12.1% | -21.3% | -21.7% | 43.9% | 26.2% | 1.9% | -30.3% | 33.6% | 12.6% | -53.3% | 3.9% | 2.7% | -18.5% | nan% |
| Cost of Revenue | $62.08M | $67.08M | $74.32M | $94.41M | $96.96M | $74.55M | $72.18M | $67.13M | $80.36M | $61.04M | $52.99M | $142.10M | $139.95M | $145.96M | $158.16M |
| Gross Profit | $19.00M | $18.82M | $23.39M | $29.72M | $61.49M | $35.58M | $15.09M | $18.49M | $42.53M | $30.95M | $28.69M | $32.67M | $28.20M | $17.83M | $42.76M |
| Gross Margin % | 23.4% | 21.9% | 23.9% | 23.9% | 38.8% | 32.3% | 17.3% | 21.6% | 34.6% | 33.6% | 35.1% | 18.7% | 16.8% | 10.9% | 21.3% |
| Operating Expenses | $42.72M | $43.37M | $72.13M | $53.87M | $42.51M | $42.62M | $51.22M | $36.80M | $34.79M | $28.02M | $33.21M | $51.78M | $27.98M | $53.45M | $75.29M |
| Research & Development | $10.94M | $12.92M | $17.91M | $18.54M | $17.45M | $20.27M | $19.44M | $15.39M | $12.54M | $9.92M | $9.12M | $19.10M | $19.97M | $22.34M | $32.85M |
| Selling General & Admin | $22.84M | $22.28M | $32.73M | $33.71M | $24.54M | $24.63M | $32.09M | $21.23M | $22.25M | $20.73M | $24.71M | $32.78M | $27.42M | $34.86M | $35.58M |
| Operating Income | $-23.72M | $-24.55M | $-48.74M | $-24.15M | $18.98M | $-7.03M | $-36.13M | $-18.31M | $7.74M | $2.94M | $-4.52M | $-19.11M | $220.00K | $-35.62M | $-32.53M |
| Operating Margin % | -29.3% | -28.6% | -49.9% | -19.5% | 12.0% | -6.4% | -41.4% | -21.4% | 6.3% | 3.2% | -5.5% | -10.9% | 0.1% | -21.8% | -16.2% |
| Interest Expense | - | $571.00K | $1.23M | $40.00K | $61.00K | $113.00K | $126.00K | $63.00K | $71.00K | $88.00K | $194.00K | $429.00K | $704.00K | $514.00K | $642.00K |
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.00K |
| Other Income/Expense | $3.60M | $3.58M | $121.00K | $171.00K | $7.23M | $94.00K | - | $110.00K | $316.00K | - | - | $51.00K | $17.00K | - | $-15.00K |
| Income Before Tax | $-27.91M | $-26.82M | $-49.37M | $-24.47M | $26.21M | $-6.94M | $-35.93M | $-17.90M | $8.38M | $2.63M | $-4.46M | $-19.23M | $5.11M | $-37.53M | $-34.22M |
| Income Tax Expense | $43.00K | $29.00K | $42.00K | $-139.00K | $572.00K | $60.00K | $54.00K | $-449.00K | $163.00K | $14.00K | $-2.19M | $-24.08M | $120.00K | $1.64M | - |
| Net Income | $-31.07M | $-31.24M | $-75.36M | $-24.33M | $25.64M | $-7.00M | $-35.98M | $-17.45M | $8.23M | $8.27M | $63.10M | $4.85M | $4.99M | $-39.17M | $-34.22M |
| Net Margin % | -38.3% | -36.4% | -77.1% | -19.6% | 16.2% | -6.4% | -41.2% | -20.4% | 6.7% | 9.0% | 77.2% | 2.8% | 3.0% | -23.9% | -17.0% |
| Basic EPS | -3.44 | -3.46 | -1.46 | -0.65 | 0.75 | -0.24 | -1.29 | -0.64 | 0.31 | 0.32 | 2.10 | 0.16 | 0.19 | -1.66 | -0.38 |
| Diluted EPS | -3.44 | -3.46 | -1.46 | -0.65 | 0.72 | -0.24 | -1.29 | -0.64 | 0.30 | 0.31 | 2.10 | 0.16 | 0.19 | -1.66 | -0.38 |
| Basic Shares Outstanding | 9.1M | 9.0M | 51.5M | 37.3M | 34.0M | 29.1M | 28.0M | 27.3M | 26.7M | 26.0M | 30.0M | 30.5M | 26.5M | 23.6M | 88.9M |
| Diluted Shares Outstanding | 9.1M | 9.0M | 51.5M | 37.3M | 35.8M | 29.1M | 28.0M | 27.3M | 27.5M | 26.5M | 30.0M | 30.8M | 26.8M | 23.6M | 88.9M |
| 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) |
FY 2019 (Sep 30, 2019) |
FY 2018 (Sep 30, 2018) |
FY 2017 (Sep 30, 2017) |
FY 2016 (Sep 30, 2016) |
FY 2015 (Sep 30, 2015) |
FY 2014 (Sep 30, 2014) |
FY 2013 (Sep 30, 2013) |
FY 2012 (Sep 30, 2012) |
FY 2011 (Sep 30, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $10.29M | $26.21M | $25.62M | $71.62M | $30.39M | $21.57M | $63.12M | $68.33M | $63.91M | $111.89M | $20.69M | $16.10M | $9.05M | $15.60M |
| Accounts Receivable | $14.34M | $15.57M | $18.07M | $31.85M | $25.32M | $18.50M | $19.27M | $22.27M | $18.43M | $17.32M | $44.86M | $41.83M | $36.94M | $34.88M |
| Inventory | $25.07M | $28.91M | $37.03M | $32.31M | - | - | - | - | - | $17.13M | $26.07M | $32.12M | $35.19M | $33.17M |
| Other Current Assets | $137.00K | $922.00K | $1.33M | $6.88M | $5.59M | $6.39M | $12.73M | $8.53M | $3.76M | $4.98M | $6.88M | $9.44M | $14.15M | $7.17M |
| Total Current Assets | $55.02M | $92.39M | $92.94M | $144.32M | $90.11M | $71.97M | $116.05M | $124.69M | $111.22M | $151.69M | $103.89M | $100.30M | $95.41M | $91.35M |
| Property Plant & Equipment | $7.87M | $15.52M | $37.87M | $22.54M | $21.05M | $37.22M | $18.22M | $16.64M | $12.21M | $8.93M | $44.99M | $49.74M | $47.90M | $46.79M |
| Goodwill | - | - | $17.89M | $69.00K | $69.00K | $69.00K | - | - | - | - | $20.38M | $20.38M | $20.38M | $20.38M |
| Intangible Assets | $10.29M | $12.24M | $14.79M | $167.00K | $202.00K | $239.00K | - | - | - | - | $1.14M | $2.16M | $3.43M | $5.87M |
| Other Non-current Assets | $2.65M | $2.20M | $2.35M | $225.00K | $242.00K | $62.00K | $199.00K | $78.00K | $251.00K | $297.00K | $766.00K | $1.13M | $2.75M | $3.54M |
| Total Assets | $93.91M | $143.91M | $189.08M | $180.81M | $126.24M | $109.56M | $135.90M | $144.08M | $127.21M | $160.91M | $191.34M | $173.71M | $169.87M | $170.30M |
| Accounts Payable | $8.56M | $9.68M | $12.73M | $16.69M | $16.48M | $10.70M | $13.00M | $11.82M | $10.57M | $7.19M | $22.29M | $19.64M | $38.81M | $26.58M |
| Accrued Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | $22.32M |
| Deferred Revenue | $1.42M | $1.63M | $5.30M | $368.00K | - | - | - | - | - | - | - | - | - | - |
| Total Current Liabilities | $18.46M | $28.79M | $29.22M | $27.82M | $29.05M | $30.72M | $27.20M | $21.64M | $18.26M | $23.69M | $72.98M | $63.10M | $91.44M | $67.06M |
| Other Non-current Liabilities | $4.66M | $8.00K | $106.00K | $794.00K | $794.00K | $207.00K | $82.00K | $29.00K | $62.00K | - | $755.00K | $981.00K | $1.00M | $4.00K |
| Total Liabilities | $43.75M | $63.62M | $70.25M | $43.35M | $52.09M | $32.82M | $29.09M | $23.31M | $19.89M | $25.46M | $79.00M | $72.53M | $100.84M | $71.86M |
| Common Stock | $825.62M | $825.12M | $787.35M | $782.27M | $744.36M | $739.93M | $734.07M | $730.91M | $725.88M | $762.00M | - | - | - | - |
| Retained Earnings | $-728.70M | $-697.46M | $-622.10M | $-597.77M | $-623.41M | $-616.41M | $-580.42M | $-562.97M | $-571.42M | $-579.69M | $-642.79M | $-647.64M | $-652.63M | $-613.46M |
| Treasury Stock | - | - | - | $47.72M | $47.72M | $47.72M | $47.72M | $47.72M | $47.72M | $47.72M | $2.07M | $2.07M | $2.07M | $2.08M |
| Total Stockholders Equity | $50.17M | $80.29M | $118.83M | $137.47M | $74.15M | $76.75M | $106.81M | $120.77M | $107.32M | $135.44M | $112.35M | $101.18M | $69.02M | $98.44M |
| Total Liabilities & Equity | $93.91M | $143.91M | $189.08M | $180.81M | $126.24M | $109.56M | $135.90M | $144.08M | $127.21M | $160.91M | $191.34M | $173.71M | $169.87M | $170.30M |
| 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) |
FY 2019 (Sep 30, 2019) |
FY 2018 (Sep 30, 2018) |
FY 2017 (Sep 30, 2017) |
FY 2016 (Sep 30, 2016) |
FY 2015 (Sep 30, 2015) |
FY 2014 (Sep 30, 2014) |
FY 2013 (Sep 30, 2013) |
FY 2012 (Sep 30, 2012) |
FY 2011 (Sep 30, 2011) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-36.75M | $-31.24M | $-75.36M | $-24.33M | $25.64M | $-7.00M | $-35.98M | $-17.45M | $8.23M | $8.27M | $63.10M | $4.85M | $4.99M | $-39.17M | $-34.22M |
| Depreciation & Amortization | $9.75M | $5.51M | $4.85M | $4.78M | $4.06M | $5.48M | $7.14M | $5.62M | $3.76M | $2.51M | $2.95M | $8.52M | $8.69M | $9.42M | $11.97M |
| Stock-based Compensation | $2.31M | $548.00K | $5.44M | $5.37M | $4.18M | $3.52M | $2.61M | $3.65M | $3.60M | $2.09M | $4.59M | $4.44M | $4.21M | $7.76M | $7.43M |
| Deferred Income Tax | - | - | - | - | - | - | - | - | - | - | $24.08M | $-24.08M | - | - | - |
| Change in Working Capital | $-7.87M | $-9.42M | $12.92M | $-15.89M | $22.94M | $3.83M | $-10.67M | $-8.18M | $4.49M | $13.54M | $8.61M | $-5.05M | $21.24M | $-1.85M | $-2.48M |
| Change in Receivables | $-3.41M | $-1.14M | $1.95M | $-19.55M | $5.35M | $7.52M | $-3.98M | $-2.37M | $3.86M | $1.17M | $-3.53M | $3.29M | $4.97M | $1.71M | $3.28M |
| Change in Inventory | $332.00K | $-3.84M | $5.99M | $-6.22M | $6.33M | $1.23M | $-6.49M | $-5.07M | $140.00K | $10.90M | $3.44M | $-5.48M | $-2.02M | $9.81M | $-883.00K |
| Change in Payables | $-2.67M | $-1.12M | $-522.00K | $-7.29M | $-420.00K | $6.17M | $-4.54M | $477.00K | $2.10M | $3.18M | $-3.23M | $3.11M | $-14.03M | $10.61M | $-404.00K |
| Operating Cash Flow | $-19.81M | $-5.31M | $-33.64M | $2.96M | $11.15M | $-3.89M | $-15.15M | $1.47M | $11.70M | $-5.55M | $-3.92M | $1.00M | $-22.11M | $-15.00M | $-6.29M |
| Capital Expenditure | $292.00K | - | $1.86M | $6.57M | $5.36M | $4.52M | $10.79M | $6.58M | $9.60M | $5.78M | $2.80M | $3.00M | $7.24M | $12.21M | $7.33M |
| Acquisitions | - | - | $-96.00K | $59.86M | - | - | $21.48M | - | - | - | - | - | - | - | $750.00K |
| Investing Cash Flow | $770.00K | $31.00K | $9.47M | $-62.70M | $-3.84M | $10.89M | $-31.80M | $-6.50M | $-9.13M | $-4.42M | $165.28M | $-3.26M | $3.83M | $5.27M | $-15.29M |
| Stock Issued | - | - | $34.25M | $29.00K | $35.94M | - | - | - | - | - | - | - | - | - | $9.65M |
| Stock Repurchased | - | - | - | - | - | - | - | - | - | - | $45.65M | - | - | - | - |
| Financing Cash Flow | $-13.41M | $-10.64M | $24.40M | $14.35M | $33.73M | $1.50M | $5.80M | $-487.00K | $1.31M | $-38.25M | $-70.27M | $6.58M | $25.28M | $3.02M | $17.89M |
| Net Change in Cash | $-32.45M | $-15.92M | $1.09M | $-45.54M | $41.14M | $8.56M | $-41.22M | $-5.56M | $3.88M | $-47.39M | $90.09M | $4.58M | $7.06M | $-6.55M | $-4.35M |
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.