| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $108.9K | $104.2K | $46.1K | 4.5% | 136.1% |
| Op. Income | -$2M | -$2M | -$2M | -7.5% | -20.4% |
| Gross Margin | 34.8% | 57.5% | 65.3% | -22.7pp | -30.6pp |
| Net Margin | -2008.0% | -1914.5% | -3991.4% | -93.5pp | 1983.4pp |
| EPS (Diluted) | $-1.44 | $-1.32 | $-58.30 | -9.1% | 97.5% |
| Free Cash Flow | -$2M | -$2M | -$2M | -27.9% | -10.4% |
| Item | Amount |
|---|---|
| REVENUE | $108.9K |
| Cost of Revenue | $71.0K |
| GROSS PROFIT | $37.9K |
| R&D Expenses | $30.1K |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $115.3K |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | $9.0K |
| Other Income/Expenses | $38.5K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$4 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $98.3K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $98.3K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $158.3K |
| Change in Working Capital | -$87.3K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$38.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$38.2K |
| Net Debt Issuance | -$59.2K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $32.4K |
| Inventory | $142.2K |
| Other Current Assets | $332.7K |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $145.0K |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $27.4K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $7M |
| Account Payables | $395.0K |
| Short-Term Debt | $222.5K |
| Deferred Revenue | $10.1K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1M |
| Common Stock | $15 |
| Additional Paid-In Capital | $110M |
| Retained Earnings | -$104M |
| Treasury Stock | -$38.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | -$53.7K |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $7M |
| Total Debt | $344.1K |
| Net Debt | -$4M |
