Revenue Performance - Revenue for Q3 2025 was $4.49 million, a 20% increase from $3.74 million in Q3 2024[4] - Total revenue for the first nine months of 2025 was $12.28 million, consistent with $12.17 million in the prior year period[4] - Combined revenues from import and metal segments increased 37% year-over-year to $5.08 million[4] Expenses and Losses - Net loss for Q3 2025 was $(4.15) million, primarily due to non-cash stock-based compensation of $3.78 million[4] - General and administrative expenses for Q3 2025 rose 527% to $5.6 million compared to $892,709 in Q3 2024[6] Assets and Equity - Total assets grew to $10.7 million as of September 30, 2025, up from $5.0 million at December 31, 2024[8] - Shareholders' equity increased to $9.16 million, up from $2.54 million at year-end 2024[8] Strategic Focus - The company continues to invest in AI-driven logistics and proprietary software infrastructure[4] - Toppoint is focused on growth in high-margin export categories, including metals and recyclable commodities, anticipating continued progress into 2026[9] Import and Metal Segments - Import-related services surged 115% to $1.58 million, while metal shipments rose to $716,000[4]
Toppoint Holdings Inc(TOPP) - 2025 Q3 - Quarterly Results