Income Statement
| Line Item | 2026-03-31 | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.6M | — | -5.5% |
| Cost of Revenue | $4.3M | — | -24.9% |
| Gross Profit | $2.4M | — | +78.4% |
| SG&A Expense | $7.6M | — | +76.2% |
| Operating Income | -$5.4M | — | -71.4% |
| Interest Expense | $53K | — | — |
| Pre-tax Income | -$11.0M | — | -140.0% |
| Net Income | -$11.2M | — | -137.4% |
| EPS (Basic) | -$1.51 | — | -51.0% |
| EPS (Diluted) | -$1.51 | — | -51.0% |
Balance Sheet
| Line Item | 2026-03-31 | Q/Q | Y/Y |
|---|---|---|---|
| Cash & Equivalents | $16.8M | +542.0% | +360.3% |
| Short-term Investments | $7K | +0.0% | -99.9% |
| Accounts Receivable | $1.3M | -15.6% | -12.1% |
| Inventory | $453K | -11.0% | -14.8% |
| Current Assets | $19.7M | +234.1% | +33.1% |
| Total Assets | $25.0M | +122.8% | +0.7% |
| Current Liabilities | $8.4M | -34.9% | -5.3% |
| Total Liabilities | $14.9M | -37.3% | -30.3% |
| Stockholders' Equity | $389K | +101.7% | +106.7% |
Cash Flow
| Line Item | 2026-03-31 | Q/Q | Y/Y |
|---|---|---|---|
| Operating Cash Flow | -$4.6M | — | -10.1% |
| Capital Expenditures | $390K | — | -8.0% |
| Investing Cash Flow | -$390K | — | +17.0% |
| Financing Cash Flow | $19.2M | — | +412.5% |
| Free Cash Flow | -$5.0M | — | -8.5% |