$178.00K
Revenue
$-2.21M
Net Income
62.92%
Gross Margin
-1233.71%
Op. Margin
$-1.94M
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 | $60.00K | $117.00K | - | $1.00K | - | - |
| Revenue Growth % (YoY) | nan% | nan% | nan% | nan% | nan% | nan% |
| Cost of Revenue | $25.00K | $38.00K | - | $3.00K | - | - |
| Gross Profit | $35.00K | $79.00K | - | $-2.00K | - | - |
| Gross Margin % | 58.3% | 67.5% | nan% | -200.0% | nan% | nan% |
| Operating Expenses | $520.00K | $842.00K | $414.00K | $532.00K | $561.00K | $655.00K |
| Research & Development | $136.00K | $133.00K | $74.00K | $140.00K | $111.00K | $222.00K |
| Operating Income | $-485.00K | $-763.00K | $-414.00K | $-534.00K | $-561.00K | $-655.00K |
| Operating Margin % | -808.3% | -652.1% | nan% | -53400.0% | nan% | nan% |
| Interest Expense | $129.00K | $157.00K | $147.00K | $134.00K | $108.00K | $75.00K |
| Other Income/Expense | $-257.00K | $64.00K | $98.00K | $209.00K | $-93.00K | $-54.00K |
| Income Before Tax | $-742.00K | $-811.00K | $-427.00K | $-652.00K | $-654.00K | $-709.00K |
| Income Tax Expense | - | - | - | - | - | - |
| Net Income | $-742.00K | $-811.00K | $-427.00 | $-652.00K | $-654.00K | $-709.00K |
| Net Margin % | -1236.7% | -693.2% | nan% | -65200.0% | nan% | nan% |
| Basic EPS | -0.01 | -0.01 | -0.01 | -0.02 | -0.01 | -0.01 |
| Diluted EPS | -0.01 | -0.01 | -0.01 | -0.02 | -0.01 | -0.01 |
| Basic Shares Outstanding | 81.7M | - | - | - | 57.0M | - |
| Diluted Shares Outstanding | 81.7M | 78.8M | 68.3M | 1.4M | 57.0M | 56.0M |
| 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) |
|---|---|---|---|---|---|---|
| Accounts Receivable | $6.00K | $8.00K | $2.00K | $3.00K | $2.00K | $2.00K |
| Inventory | $583.00K | $595.00K | $633.00K | $633.00K | $636.00K | $632.00K |
| Other Current Assets | $123.00K | $23.00K | $61.00K | $173.00K | $211.00K | $112.00K |
| Total Current Assets | $799.00K | $811.00K | $811.00K | $1.20M | $1.04M | $1.02M |
| Property Plant & Equipment | $18.00K | $18.00K | $21.00K | $23.00K | $25.00K | $28.00K |
| Other Non-current Assets | $17.00K | $17.00K | $17.00K | $17.00K | $17.00K | $17.00K |
| Total Assets | $903.00K | $940.00K | $967.00K | $1.38M | $1.25M | $1.25M |
| Accounts Payable | $2.38M | $2.25M | $2.15M | $2.09M | $2.10M | $2.14M |
| Accrued Liabilities | $952.00K | $1.12M | $1.06M | $1.01M | $923.00K | $840.00K |
| Deferred Revenue | $689.00K | $679.00K | $670.00K | $849.00K | $748.00K | $748.00K |
| Total Current Liabilities | $6.47M | $6.38M | $5.90M | $6.16M | $6.03M | $5.73M |
| Total Liabilities | $6.55M | $6.41M | $6.00M | $6.27M | $6.17M | $5.92M |
| Common Stock | $3.47M | $3.46M | $3.46M | $3.45M | $3.45M | $3.44M |
| Retained Earnings | $-155.81M | $-155.03M | $-154.17M | $-153.71M | $-153.01M | $-152.32M |
| Treasury Stock | - | - | $132.00K | $132.00K | $132.00K | $132.00K |
| Total Stockholders Equity | $-5.65M | $-5.47M | $-5.03K | $-4.89M | $-4.92M | $-4.67M |
| Total Liabilities & Equity | $903.00K | $940.00K | $967.00K | $1.38M | $1.25M | $1.25M |
| 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 | $-742.00K | $-811.00K | $-427.00 | $-652.00K | $-1.76M | $-1.11M |
| Stock-based Compensation | $352.00K | $330.00K | $19.00 | $-13.00K | $133.00K | $60.00K |
| Change in Receivables | $7.00K | $7.00K | $-1.00K | $-2.00K | $-4.00K | $-4.00K |
| Change in Inventory | $-50.00K | $-38.00K | - | $-3.00K | $4.00K | - |
| Operating Cash Flow | $-777.00K | $-500.00K | $-331.00K | $-332.00K | $-787.00K | $-314.00K |
| Capital Expenditure | $2.00K | - | - | - | - | - |
| Investing Cash Flow | $-2.00K | - | - | - | - | - |
| Stock Issued | - | - | - | - | $300.00K | - |
| Financing Cash Flow | $478.00K | $297.00K | $58.00K | $526.00K | $390.00K | $-2.00K |
| Net Change in Cash | - | - | $-273.00K | - | - | - |
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 | $60.00K | - | $177.00K | $6.00K |
| Cost of Revenue | $25.00K | - | $64.00K | $2.00K |
| Gross Profit | $35.00K | - | $113.00K | $4.00K |
| Operating Expenses | $520.00K | $561.00K | $1.77M | $1.58M |
| Research & Development | $136.00K | $111.00K | $342.00K | $386.00K |
| Operating Income | $-485.00K | $-561.00K | $-1.66M | $-1.57M |
| Interest Expense | $129.00K | $108.00K | $433.00K | $247.00K |
| Other Income/Expense | $-257.00K | $-93.00K | $-316.00K | $-191.00K |
| Income Before Tax | $-742.00K | $-654.00K | $-1.98M | $-1.76M |
| Income Tax Expense | - | - | - | - |
| Net Income | $-742.00K | $-654.00K | $-1.98M | $-1.76M |
| Basic EPS | -0.01 | -0.01 | -0.03 | -0.03 |
| Diluted EPS | -0.01 | -0.01 | -0.03 | -0.03 |
| Basic Shares Outstanding | $81.69M | $57.04M | $76.35M | $55.93M |
| Diluted Shares Outstanding | $81.69M | $57.04M | $76.35M | $55.93M |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Accounts Receivable | $6.00K | $3.00K |
| Inventory | $583.00K | $633.00K |
| Other Current Assets | $123.00K | $173.00K |
| Total Current Assets | $799.00K | $1.20M |
| Property Plant & Equipment | $18.00K | $23.00K |
| Other Non-current Assets | $17.00K | $17.00K |
| Total Assets | $903.00K | $1.38M |
| Accounts Payable | $2.38M | $2.09M |
| Accrued Liabilities | $952.00K | $1.01M |
| Deferred Revenue | $689.00K | $849.00K |
| Total Current Liabilities | $6.47M | $6.16M |
| Total Liabilities | $6.55M | $6.27M |
| Common Stock | $3.47M | $3.45M |
| Retained Earnings | $-155.81M | $-153.71M |
| Total Stockholders Equity | $-5.65M | $-4.89M |
| Total Liabilities & Equity | $903.00K | $1.38M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-742.00K | $-654.00K | $-1.98M | $-1.76M |
| Stock-based Compensation | - | - | $352.00K | $133.00K |
| Change in Receivables | - | - | $7.00K | $-4.00K |
| Change in Inventory | - | - | $-50.00K | $4.00K |
| Operating Cash Flow | - | - | $-777.00K | $-787.00K |
| Capital Expenditure | - | - | $2.00K | - |
| Investing Cash Flow | - | - | $-2.00K | - |
| Financing Cash Flow | - | - | $478.00K | $390.00K |
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.