$5.51M
Revenue
$-1.84M
Net Income
43.45%
Gross Margin
-22.17%
Op. Margin
$-1.35M
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 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $5.51M | $6.56M | $6.95M | $7.00M | $7.22M | $6.37M | $6.39M | $7.10M | $7.95M | $8.57M | $8.71M |
| Revenue Growth % | -16.1% | -5.6% | -0.7% | -3.1% | 13.4% | -0.3% | -10.0% | -10.7% | -7.3% | -1.7% | nan% |
| Cost of Revenue | $3.12M | $3.77M | $3.92M | $4.26M | $4.49M | $4.16M | $4.44M | $5.01M | $5.99M | $6.39M | $6.38M |
| Gross Profit | $2.39M | $2.79M | $3.04M | $2.74M | $2.73M | $2.21M | $1.95M | $2.09M | $1.95M | $2.18M | $2.33M |
| Gross Margin % | 43.4% | 42.5% | 43.7% | 39.1% | 37.9% | 34.7% | 30.5% | 29.5% | 24.6% | 25.5% | 26.7% |
| Operating Expenses | $3.61M | $3.69M | $4.94M | $5.08M | $4.14M | $2.00M | $2.34M | $2.16M | $2.41M | $2.23M | $1.89M |
| Operating Income | $-1.22M | $-896.05K | $-1.90M | $-2.34M | $-1.41M | $209.69K | $-397.94K | $-74.83K | $-455.34K | $-51.67K | $440.63K |
| Operating Margin % | -22.2% | -13.7% | -27.4% | -33.4% | -19.5% | 3.3% | -6.2% | -1.1% | -5.7% | -0.6% | 5.1% |
| Interest Expense | $575.10K | $879.68K | $1.78M | $1.16M | $281.79K | $255.94K | $247.06K | $250.17K | $246.74K | $278.33K | $309.13K |
| Interest Income | - | - | - | - | $37.00 | - | - | - | - | - | - |
| Other Income/Expense | - | - | $49.75K | $-1.22M | - | - | - | - | - | - | - |
| Net Income | $-1.84M | $-1.65M | $-1.85M | $-3.56M | $-1.57M | $37.00K | $-75.00K | $-325.00K | $-811.08K | $-498.00K | $108.50K |
| Net Margin % | -33.4% | -25.1% | -26.7% | -50.9% | -21.7% | 0.6% | -1.2% | -4.6% | -10.2% | -5.8% | 1.2% |
| Diluted EPS | -3.52 | -3.16 | -3.70 | -7.95 | nan | nan | nan | nan | nan | nan | nan |
| Basic Shares Outstanding | - | 521K | 501K | 448K | 402K | - | - | - | 26.6M | 26.0M | 26.0M |
| Diluted Shares Outstanding | 521K | 521K | 501K | 448K | 30.1M | - | - | - | 26.6M | 26.0M | 46.4M |
| Breakdown | FY 2024 (Dec 31, 2024) |
FY 2023 (Dec 31, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Cash Equivalents | $168.94K | $25.47K | $23.19K | $99.43K | $29.72K | $73.73K | $42.44K | $13.51K | $7.77K | $16.95K |
| Accounts Receivable | $392.75K | $214.22K | $406.00K | $727.30K | $286.19K | $479.29K | $243.48K | $117.01K | $359.60K | $592.04K |
| Other Current Assets | $262.05K | $138.64K | $144.22K | $218.82K | $2.91K | $4.33K | $16.08K | $34.95K | $43.65K | $22.51K |
| Total Current Assets | $823.73K | $378.33K | $573.41K | $1.05M | $318.81K | $557.35K | $301.99K | $165.47K | $411.02K | $631.50K |
| Property Plant & Equipment | $503.00 | $2.87K | $20.00K | $41.14K | $8.63K | $18.35K | $26.08K | $39.27K | $60.04K | $46.12K |
| Total Assets | $1.47M | $1.38M | $1.67M | $1.55M | $334.10K | $582.37K | $442.05K | $377.38K | $617.02K | $926.94K |
| Accounts Payable | $1.82M | $1.63M | $1.69M | $536.86K | $367.54K | $864.93K | $346.70K | $501.59K | $341.98K | $316.87K |
| Deferred Revenue | $346.65K | $405.00K | $550.52K | $497.73K | - | - | - | - | - | - |
| Total Current Liabilities | $9.61M | $8.92M | $6.61M | $4.11M | $2.91M | $3.22M | $2.75M | $2.07M | $1.44M | $1.57M |
| Long-term Debt | $925.47K | $1.07M | $515.00K | $765.00K | - | - | - | - | - | - |
| Other Non-current Liabilities | - | $22.99K | $458.85K | - | - | - | - | - | - | - |
| Total Liabilities | $11.67M | $9.93M | $8.53M | $5.65M | $4.33M | $4.62M | $4.43M | $4.13M | $3.62M | $3.59M |
| Common Stock | $521.00 | $521.00 | $470.00 | $32.70K | $29.06K | $29.06K | $29.06K | $26.56K | $26.56K | $25.96K |
| Retained Earnings | $-42.53M | $-40.88M | $-39.03M | $-35.47M | $-34.62M | $-34.66M | $-34.58M | $-34.26M | $-33.45M | $-32.95M |
| Total Stockholders Equity | $-10.19M | $-8.55M | $-6.86M | $-4.10M | $-4.00M | $-4.04M | $-3.99M | $-3.76M | $-3.00M | $-2.67M |
| Total Liabilities & Equity | $1.47M | $1.38M | $1.67M | $1.55M | $334.10K | $582.37K | $442.05K | $377.38K | $617.02K | $926.94K |
| 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 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
FY 2016 (Dec 31, 2016) |
FY 2015 (Dec 31, 2015) |
FY 2014 (Dec 31, 2014) |
FY 2013 (Dec 31, 2013) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-1.84M | $-1.65M | $-1.85M | $-3.56M | $-1.57M | $37.00K | $-75.00K | $-325.00K | $-811.08K | $-498.00K | $108.50K |
| Depreciation & Amortization | $490.00K | $219.94K | $233.92K | $240.92K | $186.38K | $24.18K | $142.21K | $91.62K | $68.90K | $26.49K | $21.07K |
| Stock-based Compensation | - | $6.29K | $32.34K | $143.18K | $117.59K | $1.47K | $29.28K | $36.80K | $53.85K | $110.34K | $94.70K |
| Change in Receivables | - | - | $-195.80K | $89.18K | $217.53K | $-201.11K | $195.82K | $126.47K | $-132.59K | $-232.45K | $120.89K |
| Change in Payables | $985.76K | $193.56K | $-60.41K | $1.15M | $193.79K | $-497.39K | $518.23K | $-154.89K | $159.61K | $25.10K | $35.86K |
| Operating Cash Flow | $-1.35M | $-984.99K | $294.71K | $-1.05M | $-544.82K | $-130.12K | $-125.97K | $-378.23K | - | - | - |
| Capital Expenditure | - | $563.00 | $2.10K | $969.00 | $13.51K | $546.00 | $5.61K | $8.38K | $3.81K | $38.97K | $29.13K |
| Purchases of Investments | - | - | - | - | - | - | - | - | - | $30.00K | $155.83K |
| Investing Cash Flow | $-486.97K | $-188.55K | $1.19M | $-216.02K | $-243.03K | $-546.00 | $-5.61K | $-8.38K | - | - | - |
| Financing Cash Flow | $1.69M | $1.32M | $-1.49M | $1.19M | $854.97K | $86.65K | $162.87K | $415.54K | - | - | - |
| Net Change in Cash | - | $143.46K | $2.29K | $-76.25K | $67.12K | - | - | - | - | - | - |
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 | $834.67K | - | $3.84M | - |
| Cost of Revenue | $534.17K | - | $2.18M | - |
| Gross Profit | $300.50K | - | $1.66M | - |
| Operating Expenses | $800.80K | - | $2.49M | - |
| Operating Income | $-500.30K | - | $-832.95K | - |
| Interest Expense | - | - | $114.64K | - |
| Net Income | $-669.53K | $-381.25K | $-1.32M | - |
| Diluted EPS | -1.28 | - | -2.53 | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Accounts Receivable | $174.53K | $392.75K |
| Other Current Assets | $167.55K | $194.31K |
| Total Current Assets | $525.92K | $823.73K |
| Property Plant & Equipment | - | $503.00 |
| Total Assets | $1.15M | $1.47M |
| Accounts Payable | $2.30M | $1.82M |
| Deferred Revenue | $159.24K | $346.65K |
| Total Current Liabilities | $11.04M | $9.61M |
| Total Liabilities | $12.66M | $11.67M |
| Common Stock | $521.00 | $521.00 |
| Retained Earnings | $-43.85M | $-42.53M |
| Total Stockholders Equity | $-11.51M | $-10.19M |
| Total Liabilities & Equity | $1.15M | $1.47M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-669.53K | $-381.25K | $-1.32M | - |
| Depreciation & Amortization | - | - | $167.21K | - |
| Change in Receivables | - | - | $-218.22K | - |
| Change in Payables | - | - | $476.16K | - |
| Operating Cash Flow | - | - | $-273.57K | - |
| Investing Cash Flow | - | - | $-172.18K | - |
| Financing Cash Flow | - | - | $315.59K | - |
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.