$1.76
−11.56%Income statement
| Metric | TTM | 2026 | 2025 | 2024 | 2023 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 13.3M | 13.3M | 8.4M | 2.6M | 3.5M |
| Cost of Revenue | 11.6M | 11.6M | 6.9M | 2.1M | 2.8M |
| Gross Profit | 1.8M | 1.8M | 1.5M | 510.3K | 688.0K |
| Operating Expenses | |||||
| R&D Expense | 1.6M | 1.6M | 157.3K | 19.2K | 29.9K |
| SG&A Expense | 18.3M | 18.3M | 6.1M | 2.8M | 3.3M |
| General & Admin Expense | 18.3M | 18.3M | 6.1M | 2.8M | 3.3M |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 1.5M | 1.5M | — | — | — |
| Total Operating Expenses | 21.4M | 21.4M | 6.2M | 2.8M | 3.3M |
| Cost and Expenses | 33.0M | 33.0M | 13.1M | 5.0M | 6.1M |
| Operating Income (EBIT) | (19.7M) | (19.7M) | (4.7M) | (2.3M) | (2.6M) |
| Non-Operating | |||||
| Interest Income | 137.8K | 137.8K | 2.0K | 33.6K | — |
| Interest Expense | 667.7K | 667.7K | 320.4K | — | 4.1K |
| Net Interest Income | (530.0K) | (530.0K) | (318.4K) | 33.6K | (4.1K) |
| Other Non-Op Income/Expense | (1.8M) | (1.8M) | (318.4K) | 33.6K | (4.1K) |
| Non-Operating Income (excl Interest) | 350.8K | — | (2.0K) | (33.6K) | — |
| EBT (Pre-Tax Income) | (21.5M) | (21.5M) | (5.0M) | (2.3M) | (2.6M) |
| Income Tax Expense | — | — | — | — | — |
| Bottom Line | |||||
| Net Income | (21.5M) | (21.5M) | (5.0M) | (2.3M) | (2.6M) |
| Earnings from Cont. Ops | (21.5M) | (21.5M) | (5.0M) | (2.3M) | (2.6M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (21.5M) | (21.5M) | (5.0M) | (2.3M) | (2.6M) |
| Per Share | |||||
| Basic EPS | ($0.51) | ($0.55) | ($0.15) | ($0.07) | ($0.08) |
| Diluted EPS | ($0.51) | ($0.55) | ($0.15) | ($0.07) | ($0.08) |
| Revenue Per Share | $0.28 | $0.34 | $0.25 | $0.08 | $0.11 |
| Shares | |||||
| Basic Shares Outstanding | 47.9M | 39.3M | 33.6M | 33.2M | 32.0M |
| Diluted Shares Outstanding | 47.9M | 39.3M | 33.6M | 33.2M | 32.0M |
| Profitability Metrics | |||||
| EBITDA | (18.2M) | (19.1M) | (4.6M) | (1.9M) | (1.1M) |
| D&A | 615.1K | 615.1K | 80.6K | 432.4K | 1.5M |
| EBIT | (20.0M) | (19.7M) | (4.7M) | (2.3M) | (2.6M) |
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 Jun 1, 2026