Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 5.7M | 6.9M | 9.6M | 6.0M | 5.0M |
| Cost of Revenue | 9.0M | 5.5M | 7.5M | 4.9M | 3.9M |
| Gross Profit | 210.7K | 1.4M | 2.1M | 1.1M | 1.1M |
| Operating Expenses | |||||
| R&D Expense | 193.4K | 129.1K | 260.7K | 257.0K | 175.8K |
| SG&A Expense | 3.7M | 1.5M | 2.1M | 2.0M | 1.6M |
| General & Admin Expense | 1.5M | 871.9K | 2.0M | 1.9M | 1.4M |
| Selling & Marketing Expense | 160.1K | 188.3K | 103.3K | 161.8K | 182.4K |
| Other Expenses | 104.4K | 1.5M | 42.0K | 341.2K | 378.1K |
| Total Operating Expenses | 4.0M | 3.1M | 2.4M | 2.6M | 2.2M |
| Cost and Expenses | 11.0M | 8.6M | 9.8M | 7.6M | 6.1M |
| Operating Income (EBIT) | (3.1M) | (1.7M) | (233.1K) | (1.6M) | (1.1M) |
| Non-Operating | |||||
| Interest Income | — | — | — | — | 20.7K |
| Interest Expense | 573.3K | 657.1K | 553.3K | 382.0K | 313.8K |
| Net Interest Income | (866.0K) | (657.1K) | (553.3K) | (382.0K) | (293.1K) |
| Other Non-Op Income/Expense | (269.0K) | (336.8K) | (873.4K) | (550.8K) | (514.7K) |
| Non-Operating Income (excl Interest) | — | — | 320.1K | 168.7K | 201.0K |
| EBT (Pre-Tax Income) | (3.3M) | (2.1M) | (1.1M) | (2.1M) | (1.6M) |
| Income Tax Expense | — | — | 2.5K | 176.9K | (88.9K) |
| Bottom Line | |||||
| Net Income | (5.0M) | (2.1M) | (1.1M) | (2.3M) | (1.5M) |
| Earnings from Cont. Ops | (3.3M) | (2.1M) | (1.1M) | (2.3M) | (1.5M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (5.0M) | (2.1M) | (1.1M) | (2.3M) | (1.5M) |
| Per Share | |||||
| Basic EPS | ($0.24) | ($0.17) | ($0.08) | ($0.16) | ($0.11) |
| Diluted EPS | ($0.24) | ($0.17) | ($0.08) | ($0.16) | ($0.11) |
| Revenue Per Share | $0.40 | $0.55 | $0.67 | $0.42 | $0.35 |
| Shares | |||||
| Basic Shares Outstanding | 14.3M | 12.6M | 14.3M | 14.3M | 14.3M |
| Diluted Shares Outstanding | 14.3M | 12.6M | 14.3M | 14.3M | 14.3M |
| Profitability Metrics | |||||
| EBITDA | (3.7M) | (1.6M) | (417.2K) | (1.4M) | (1.0M) |
| D&A | 180.6K | 148.1K | 136.0K | 310.4K | 258.9K |
| EBIT | (3.9M) | (1.8M) | (553.2K) | (1.7M) | (1.3M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Dec 1, 2025