$112.00K
Revenue
$-15.75M
Net Income
-
Gross Margin
-13006.25%
Op. Margin
$-19.18M
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 | $112.00K | $170.00K | $202.00K | $141.00K | $135.00K | $163.00K |
| Revenue Growth % | -34.1% | -15.8% | 43.3% | 4.4% | -17.2% | nan% |
| Operating Expenses | $14.68M | $19.94M | $32.12M | $20.06M | $18.97M | $15.31M |
| Research & Development | $4.53M | $6.20M | $10.94M | $6.99M | $7.67M | $5.72M |
| Operating Income | $-14.57M | $-19.77M | $-31.92M | $-19.92M | $-18.84M | $-15.15M |
| Operating Margin % | -13006.2% | -11630.6% | -15800.0% | -14129.8% | -13954.1% | -9295.7% |
| Interest Expense | $553.00K | $585.00K | - | - | $67.00K | $672.00K |
| Other Income/Expense | - | $5.19M | $1.07M | $629.00K | - | - |
| Net Income | $-15.75M | $-17.32M | $-28.96M | $-19.45M | $-19.13M | $-14.40M |
| Net Margin % | -14062.5% | -10188.2% | -14337.6% | -13790.8% | -14168.1% | -8834.4% |
| Basic EPS | -2.26 | -0.31 | -0.60 | -0.40 | -0.40 | nan |
| Diluted EPS | -2.26 | -0.31 | -0.60 | -0.40 | nan | nan |
| Basic Shares Outstanding | 2.1M | 56.0M | 48.6M | - | - | - |
| Diluted Shares Outstanding | 2.1M | 56.0M | 48.6M | 48.0M | - | - |
| 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 | $1.70M | $5.44M | $27.05M | $32.09M | $38.50M |
| Short-term Investments | $2.28M | $7.63M | $7.14M | $16.18M | - |
| Accounts Receivable | - | $1.18M | $1.68M | - | $34.00K |
| Other Current Assets | $199.00K | $302.00K | $455.00K | $304.00K | $184.00K |
| Total Current Assets | $4.18M | $14.56M | $36.32M | $50.21M | $40.31M |
| Property Plant & Equipment | $108.00K | $127.00K | $195.00K | $4.05M | $6.47M |
| Intangible Assets | $2.59M | $2.31M | $1.94M | $1.97M | $1.50M |
| Long-term Investments | - | - | - | - | $15.38M |
| Other Non-current Assets | $1.11M | $1.69M | $1.20M | $1.32M | $748.00K |
| Total Assets | $8.61M | $19.38M | $40.49M | $57.70M | $64.58M |
| Accounts Payable | $6.38M | $6.44M | $377.00K | $198.00K | $383.00K |
| Accrued Liabilities | $606.00K | $1.99M | $806.00K | $438.00K | $442.00K |
| Total Current Liabilities | $9.54M | $8.65M | $1.36M | $673.00K | $1.10M |
| Long-term Debt | - | - | - | - | $1.88M |
| Total Liabilities | $9.93M | $9.15M | $2.02M | - | - |
| Common Stock | $66.00K | $49.00K | $48.00K | $48.00K | $42.00K |
| Retained Earnings | $-426.83M | $-409.51M | $-380.55M | $-361.10M | $-341.97M |
| Total Stockholders Equity | $-1.32M | $10.23M | $38.47M | $56.88M | $61.29M |
| Total Liabilities & Equity | $8.61M | $19.38M | $40.49M | $57.70M | $64.58M |
| 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 | $-19.45M | $-17.32M | $-28.96M | $-19.45M | $-19.13M | $-14.40M |
| Stock-based Compensation | $376.00K | $686.00K | $243.00K | $954.00K | $1.57M | $1.04M |
| Change in Receivables | - | $-1.18M | $-492.00K | - | $-34.00K | $40.00K |
| Change in Payables | $-62.00K | $-60.00K | $6.07M | $179.00K | $-185.00K | $-89.00K |
| Operating Cash Flow | $-19.18M | $-14.89M | $-21.27M | $-16.11M | $-13.96M | $-10.37M |
| Capital Expenditure | - | $18.00K | - | $86.00K | $41.00K | $22.00K |
| Purchases of Investments | $476.00K | $361.00K | $1.59M | $2.72M | $22.54M | $18.61M |
| Investing Cash Flow | $8.20M | $4.71M | $-832.00K | $10.99M | $-631.00K | $-9.16M |
| Debt Repayment | - | - | - | - | $122.00K | $355.00K |
| Stock Issued | - | - | - | - | $13.04M | $61.25M |
| Financing Cash Flow | $10.38M | $6.44M | $485.00K | $80.00K | $8.19M | $56.56M |
| Net Change in Cash | $-596.00K | $-3.74M | $-21.61M | $-5.04M | $-6.41M | $37.03M |
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 | $26.00K | - | $67.00K | - |
| Operating Expenses | $2.47M | - | $8.78M | - |
| Research & Development | $607.00K | - | $2.86M | - |
| Operating Income | $-2.45M | - | $-8.71M | - |
| Interest Expense | $148.00K | - | $421.00K | - |
| Net Income | $-3.28M | $-1.84M | $-9.78M | - |
| Basic EPS | 1.57 | - | -8.18 | - |
| Diluted EPS | 1.57 | - | -8.18 | - |
| Basic Shares Outstanding | $2.09M | - | $1.20M | - |
| Diluted Shares Outstanding | $2.09M | - | $1.20M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
| Cash & Cash Equivalents | $2.35M | $1.70M |
| Short-term Investments | $62.00K | $2.28M |
| Other Current Assets | $166.00K | $199.00K |
| Total Current Assets | $2.58M | $4.18M |
| Property Plant & Equipment | $80.00K | $108.00K |
| Intangible Assets | $2.04M | $2.59M |
| Other Non-current Assets | $362.00K | $1.11M |
| Total Assets | $5.49M | $8.61M |
| Accounts Payable | $1.25M | $6.38M |
| Accrued Liabilities | $679.00K | $606.00K |
| Total Current Liabilities | $4.04M | $9.54M |
| Total Liabilities | $11.57M | $9.93M |
| Common Stock | $3.00K | $1.00K |
| Retained Earnings | $-436.61M | $-426.83M |
| Total Stockholders Equity | $-6.08M | $-1.32M |
| Total Liabilities & Equity | $5.49M | $8.61M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2025 | Sep 30, 2025 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-3.28M | $-1.84M | $-9.78M | - |
| Stock-based Compensation | - | - | $60.00K | - |
| Change in Receivables | - | - | - | - |
| Change in Payables | - | - | $-1.66M | - |
| Operating Cash Flow | - | - | $-8.97M | - |
| Capital Expenditure | - | - | - | - |
| Purchases of Investments | - | - | $91.00K | - |
| Investing Cash Flow | - | - | $1.95M | - |
| Debt Repayment | - | - | $660.00K | - |
| Financing Cash Flow | - | - | $7.67M | - |
| Net Change in Cash | - | - | $646.00K | - |
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.