$1.87M
Revenue
$-2.86M
Net Income
27.15%
Gross Margin
-157.38%
Op. Margin
$-4.68M
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 | $1.87M | $3.82M | $4.09M | $2.71M | $3.07M | $2.45M |
| Revenue Growth % | -51.2% | -6.5% | 51.0% | -11.7% | 25.1% | nan% |
| Cost of Revenue | $1.36M | $1.77M | $1.61M | - | - | $224.68K |
| Gross Profit | $506.55K | - | - | - | - | $2.23M |
| Gross Margin % | 27.2% | nan% | nan% | nan% | nan% | 90.8% |
| Operating Expenses | - | - | $6.59M | $5.28M | $3.09M | $1.43M |
| Operating Income | $-2.94M | $-2.59M | $-2.50M | $-2.57M | $-26.94K | $794.46K |
| Operating Margin % | -157.4% | -67.7% | -61.1% | -94.9% | -0.9% | 32.4% |
| Other Income/Expense | $158.08K | $-103.01K | $426.79K | $-3.80M | $34.02K | $563.18K |
| Income Before Tax | $-2.85M | $-2.77M | $-2.07M | $-6.37M | $7.08K | $1.36M |
| Income Tax Expense | $1.05K | $528.00 | $19.52K | $1.10K | $274.32K | $340.13K |
| Net Income | $-2.86M | $-2.77M | $-2.09M | $-6.37M | $-267.24K | $1.02M |
| Net Margin % | -153.1% | -72.4% | -51.1% | -235.2% | -8.7% | 41.5% |
| Basic EPS | nan | -0.11 | -0.08 | -0.26 | -0.01 | nan |
| Diluted EPS | nan | -0.11 | -0.08 | -0.26 | nan | nan |
| Basic Shares Outstanding | 25.0M | 25.0M | 25.0M | 25.0M | 25.0M | - |
| Diluted Shares Outstanding | 25.0M | 25.0M | 25.0M | 25.0M | - | - |
| 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 | $62.31K | $443.76K | $510.13K | $8.56M | $7.68M |
| Accounts Receivable | - | $253.59K | $562.58K | $45.92K | - |
| Inventory | $503.99K | $441.10K | $499.25K | $233.45K | $45.53K |
| Other Current Assets | $127.91K | $170.83K | $42.63K | $143.28K | $32.32K |
| Total Current Assets | $1.45M | $1.50M | $1.98M | $9.21M | $7.93M |
| Property Plant & Equipment | $1.49M | $1.68M | $1.97M | $290.15K | $67.82K |
| Intangible Assets | $4.51K | $3.92K | $1.27K | $1.94K | - |
| Total Assets | $4.41M | $4.84M | $5.05M | $11.66M | $8.09M |
| Accounts Payable | - | - | $398.47K | $406.16K | $39.12K |
| Deferred Revenue | $127.65K | $172.75K | $139.50K | - | - |
| Other Current Liabilities | - | $1.23M | $236.88K | - | - |
| Total Current Liabilities | $7.47M | $5.96M | $5.32M | $4.45M | $1.17M |
| Total Liabilities | $8.69M | $6.75M | $5.52M | $5.59M | $1.20M |
| Common Stock | $250.00 | $250.00 | $250.00 | $500.00 | $500.00 |
| Retained Earnings | $-19.99M | $-17.22M | $-15.25M | $-8.88M | $-4.96M |
| Total Stockholders Equity | $-4.28M | $-1.91M | $-466.19K | $6.07M | $6.89M |
| Total Liabilities & Equity | $4.41M | $4.84M | $5.05M | $11.66M | $8.09M |
| 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 | $-2.86M | $-2.77M | $-2.09M | $-6.37M | $-267.24K | $1.02M |
| Depreciation & Amortization | $451.83K | $321.28K | $410.69K | $185.56K | $96.11K | $43.46K |
| Stock-based Compensation | - | $301.13K | $371.54K | $371.54K | $371.54K | $371.54K |
| Deferred Income Tax | - | - | $15.15K | $1.86K | $-18.57K | - |
| Change in Receivables | $-338.29K | $-226.11K | $-564.50K | $425.96K | $7.73K | - |
| Change in Inventory | $-237.83K | $88.25K | $-36.24K | $-150.87K | $-69.74K | $-6.87K |
| Change in Payables | - | - | - | $-71.15K | $-27.34K | - |
| Operating Cash Flow | $-4.68M | $-1.63M | $-1.39M | $-1.62M | $-57.80K | $1.61M |
| Capital Expenditure | - | $241.66K | $295.49K | $156.72K | $1.34K | $2.17K |
| Investing Cash Flow | - | $-195.24K | $-302.84K | $-3.52M | $-4.43M | $4.09M |
| Financing Cash Flow | $4.08M | $1.43M | $1.56M | $-2.39M | $5.22M | $1.55M |
| Net Change in Cash | $-581.10K | $-404.66K | $-152.93K | $-7.98M | $924.16K | $7.67M |
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 | $301.98K | - | $1.16M | - |
| Cost of Revenue | $151.48K | - | $755.16K | - |
| Operating Income | $-347.21K | - | $-1.84M | - |
| Other Income/Expense | $6.75K | - | $427.70K | - |
| Income Before Tax | $-340.46K | - | $-1.41M | - |
| Income Tax Expense | $5.00 | - | $1.05K | - |
| Net Income | $-340.46K | $-176.78K | $-1.41M | - |
| Basic EPS | -0.01 | - | -0.06 | - |
| Diluted EPS | -0.01 | - | -0.06 | - |
| Basic Shares Outstanding | $25.00M | - | $25.00M | - |
| Diluted Shares Outstanding | $25.00M | - | $25.00M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $19.11K | $62.31K |
| Inventory | $437.39K | $503.99K |
| Other Current Assets | $133.08K | $127.91K |
| Total Current Assets | $1.22M | $1.45M |
| Property Plant & Equipment | $716.02K | $1.49M |
| Intangible Assets | $3.23K | $4.51K |
| Total Assets | $3.37M | $4.41M |
| Total Current Liabilities | $7.98M | $7.47M |
| Total Liabilities | $9.20M | $8.69M |
| Common Stock | $250.00 | $250.00 |
| Retained Earnings | $-21.40M | $-19.99M |
| Total Stockholders Equity | $-5.82M | $-4.28M |
| Total Liabilities & Equity | $3.37M | $4.41M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-340.46K | $-176.78K | $-1.41M | - |
| Depreciation & Amortization | - | - | $192.17K | - |
| Stock-based Compensation | - | - | - | - |
| Change in Receivables | - | - | $-48.96K | - |
| Change in Inventory | - | - | $-78.05K | - |
| Operating Cash Flow | - | - | $-1.77M | - |
| Capital Expenditure | - | - | $12.31K | - |
| Investing Cash Flow | - | - | $-12.31K | - |
| Financing Cash Flow | - | - | $1.74M | - |
| Net Change in Cash | - | - | $-43.20K | - |
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.