| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $101.4K | $92.8K | $330.8K | 9.3% | -69.3% |
| Op. Income | -$4M | -$2M | -$4M | -118.8% | -18.8% |
| Gross Margin | 33.1% | 34.0% | 40.6% | -0.9pp | -7.5pp |
| Net Margin | -4940.1% | -2064.1% | -1114.3% | -2876.0pp | -3825.9pp |
| EPS (Diluted) | $-0.29 | $-0.13 | $-0.34 | -123.1% | 14.7% |
| Free Cash Flow | -$2M | -$1M | -$2M | -43.9% | 16.1% |
| Item | Amount |
|---|---|
| REVENUE | $101.4K |
| Cost of Revenue | $67.8K |
| GROSS PROFIT | $33.6K |
| R&D Expenses | $109.8K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $602.7K |
| Other Expenses | $4M |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $3.3K |
| Other Income/Expenses | -$802.7K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $74.9K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $92.5K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$100.7K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$5.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7.7K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $72.1K |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $40.4K |
| Inventory | $493.5K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $359.6K |
| Goodwill | $0 |
| Intangible Assets | $903.7K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9.8K |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $10M |
| Account Payables | $261.1K |
| Short-Term Debt | $432.7K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $73.0K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $146.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $147.7K |
| TOTAL LIABILITIES | $1M |
| Common Stock | $1.9K |
| Additional Paid-In Capital | $34M |
| Retained Earnings | -$25M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8M |
| Minority Interest | $0 |
| TOTAL EQUITY | $8M |
| TOTAL LIABILITIES & EQUITY | $10M |
| Total Debt | $653.9K |
| Net Debt | -$7M |
