| Income Statement (Quarterly) | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 |
| Cost of Revenue | 776,000 | 724,000 | 1,015,000 | 1,617,000 |
| Gross Profit | -776,000 | -724,000 | -1,015,000 | -1,617,000 |
| Operating Expenses | ||||
| R&D Expenses | 0 | 0 | 0 | 0 |
| SG&A Expenses | 2,195,000 | 2,376,000 | 2,797,000 | 2,748,000 |
| Operating Expenses | 2,490,000 | 7,959,000 | 5,667,000 | 3,594,000 |
| Operating Income | -7,031,000 | -8,683,000 | -6,682,000 | -5,211,000 |
| Interest Expense | 245,000 | 403,000 | 301,000 | 83,000 |
| Income Before Tax | -6,768,000 | -8,315,000 | -7,443,000 | -5,210,000 |
| Income Tax Expense | 2,000 | 0 | 0 | 0 |
| Net Income | -6,770,000 | -8,315,000 | -7,443,000 | -5,210,000 |
| Per Share | ||||
| EPS | -7.44 | -10.30 | -10.40 | -7.64 |
| EPS Diluted | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Statement (Annual) | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Revenue | 0 | 25,000 | 4,000 |
| Cost of Revenue | 7,213,000 | 6,282,000 | 3,959,000 |
| Gross Profit | -7,213,000 | -6,257,000 | -3,955,000 |
| Operating Expenses | |||
| R&D Expenses | 0 | 0 | 0 |
| SG&A Expenses | 11,967,000 | 11,638,000 | 9,815,000 |
| Operating Expenses | 13,554,000 | 18,207,000 | 11,628,000 |
| Operating Income | -23,847,000 | -24,464,000 | -15,583,000 |
| Interest Expense | 574,000 | 621,000 | 125,000 |
| Income Before Tax | -24,552,000 | -23,938,000 | -15,429,000 |
| Income Tax Expense | 3,000 | 0 | 2,000 |
| Net Income | -24,555,000 | -23,938,000 | -15,431,000 |
| Per Share | |||
| EPS | -38.25 | -5.10 | -0.20 |
| EPS Diluted | 0.00 | 0.00 | 0.00 |
| Balance Sheet (Quarterly) | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Assets | |||
| Cash and Cash Equivalents | 4,079,000 | 16,522,000 | 7,082,000 |
| Short Term Investments | 0 | 0 | 0 |
| Net Receivables | 100,000 | 667,000 | 15,539,000 |
| Inventory | 251,000 | 929,000 | 278,000 |
| Total Current Assets | 4,644,000 | 18,299,000 | 23,209,000 |
| Property Plant Equipment | 17,015,000 | 10,569,000 | 7,806,000 |
| Goodwill and Intangibles | 146,000 | 281,000 | 461,000 |
| Total Assets | 26,365,000 | 33,600,000 | 33,502,000 |
| Liabilities | |||
| Account Payables | 1,227,000 | 1,836,000 | 1,075,000 |
| Short Term Debt | 3,825,000 | 310,000 | 6,206,000 |
| Total Current Liabilities | 8,182,000 | 4,613,000 | 12,311,000 |
| Long Term Debt | 446,000 | 2,923,000 | 0 |
| Total Liabilities | 10,121,000 | 7,536,000 | 12,586,000 |
| Shareholders Equity | |||
| Retained Earnings | -247,770,000 | -223,215,000 | -199,277,000 |
| Total Shareholders Equity | 16,244,000 | 26,064,000 | 20,916,000 |
| Balance Sheet (Annual) | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Assets | |||
| Cash and Cash Equivalents | 4,079,000 | 16,522,000 | 7,082,000 |
| Short Term Investments | 0 | 0 | 0 |
| Net Receivables | 100,000 | 667,000 | 15,539,000 |
| Inventory | 251,000 | 929,000 | 278,000 |
| Total Current Assets | 4,644,000 | 18,299,000 | 23,209,000 |
| Property Plant Equipment | 17,015,000 | 10,569,000 | 7,806,000 |
| Goodwill and Intangibles | 146,000 | 281,000 | 461,000 |
| Total Assets | 26,365,000 | 33,600,000 | 33,502,000 |
| Liabilities | |||
| Account Payables | 1,227,000 | 1,836,000 | 1,075,000 |
| Short Term Debt | 3,825,000 | 310,000 | 6,206,000 |
| Total Current Liabilities | 8,182,000 | 4,613,000 | 12,311,000 |
| Long Term Debt | 446,000 | 2,923,000 | 0 |
| Total Liabilities | 10,121,000 | 7,536,000 | 12,586,000 |
| Shareholders Equity | |||
| Retained Earnings | -247,770,000 | -223,215,000 | -199,277,000 |
| Total Shareholders Equity | 16,244,000 | 26,064,000 | 20,916,000 |
| Cash Flow Statement (Quarterly) | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | -24,555,000 | -23,938,000 | -15,431,000 |
| Depreciation & Amortization | 1,274,000 | 1,271,000 | 1,061,000 |
| Stock Based Compensation | 2,737,000 | 2,534,000 | 2,295,000 |
| Change in Working Capital | 2,209,000 | 11,556,000 | 1,010,999 |
| Operating Cash Flow | -13,632,000 | -3,193,000 | -10,148,000 |
| Investing Activities | |||
| Capital Expenditure | -7,921,000 | -9,883,000 | -4,771,000 |
| Investments | -12,158,000 | -9,883,000 | -4,771,000 |
| Investing Cash Flow | -11,636,000 | -9,813,000 | -3,420,000 |
| Financing Activities | |||
| Debt Repayment | 1,428,000 | -3,069,000 | -5,886,000 |
| Common Stock Issued/Repurchased | 12,320,000 | 26,733,000 | 6,627,000 |
| Dividends Paid | 0 | 0 | 0 |
| Financing Cash Flow | 12,825,000 | 22,446,000 | 12,513,000 |
| Summary | |||
| Free Cash Flow | -21,553,000 | -13,076,000 | -14,919,000 |
| Net Change in Cash | -12,443,000 | 9,440,000 | -1,055,000 |
| Cash Flow Statement (Annual) | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | -24,555,000 | -23,938,000 | -15,431,000 |
| Depreciation & Amortization | 1,274,000 | 1,271,000 | 1,061,000 |
| Stock Based Compensation | 2,737,000 | 2,534,000 | 2,295,000 |
| Change in Working Capital | 2,209,000 | 11,556,000 | 1,010,999 |
| Operating Cash Flow | -13,632,000 | -3,193,000 | -10,148,000 |
| Investing Activities | |||
| Capital Expenditure | -7,921,000 | -9,883,000 | -4,771,000 |
| Investments | -12,158,000 | -9,883,000 | -4,771,000 |
| Investing Cash Flow | -11,636,000 | -9,813,000 | -3,420,000 |
| Financing Activities | |||
| Debt Repayment | 1,428,000 | -3,069,000 | -5,886,000 |
| Common Stock Issued/Repurchased | 12,320,000 | 26,733,000 | 6,627,000 |
| Dividends Paid | 0 | 0 | 0 |
| Financing Cash Flow | 12,825,000 | 22,446,000 | 12,513,000 |
| Summary | |||
| Free Cash Flow | -21,553,000 | -13,076,000 | -14,919,000 |
| Net Change in Cash | -12,443,000 | 9,440,000 | -1,055,000 |