| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $525.9K | $452.0K | $0 | 16.4% | — |
| Op. Income | -$8M | -$1M | -$1M | -465.6% | -471.8% |
| Gross Margin | 49.4% | 47.1% | — | 2.4pp | — |
| Net Margin | -1588.0% | -1783.4% | — | 195.5pp | — |
| EPS (Diluted) | $-5.55 | $-248.40 | $-6.35 | 97.8% | 12.6% |
| Free Cash Flow | -$2M | -$2M | -$1M | -27.5% | -111.5% |
| Item | Amount |
|---|---|
| REVENUE | $525.9K |
| Cost of Revenue | $265.9K |
| GROSS PROFIT | $260.0K |
| R&D Expenses | $48.1K |
| Selling & Marketing | $45.1K |
| General & Administrative | $198.1K |
| SG&A Expenses | $243.2K |
| Other Expenses | $8M |
| Operating Expenses | $9M |
| Cost & Expenses | $9M |
| OPERATING INCOME | -$8M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $44.1K |
| INCOME BEFORE TAX | -$8M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$8M |
| D&A | $311.1K |
| EBIT | -$8M |
| EBITDA | -$8M |
| EPS | -$6 |
| EPS Diluted | -$6 |
| Item | Amount |
|---|---|
| Net Income | -$8M |
| Depreciation & Amortization | $756.2K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$56.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $222.6K |
| NET CASH FROM INVESTING | $166.5K |
| Net Debt Issuance | $75.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $709.4K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $894.7K |
| Short-Term Investments | $0 |
| Net Receivables | $187.8K |
| Inventory | $6.0K |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $3M |
| PP&E (Net) | $5M |
| Goodwill | $2M |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $50.1K |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $17M |
| Account Payables | $3M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$2M |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $41.7K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $41.7K |
| TOTAL LIABILITIES | $4M |
| Common Stock | $84M |
| Additional Paid-In Capital | $6M |
| Retained Earnings | -$77M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $44.2K |
| TOTAL STOCKHOLDERS' EQUITY | $12M |
| Minority Interest | $0 |
| TOTAL EQUITY | $12M |
| TOTAL LIABILITIES & EQUITY | $17M |
| Total Debt | $2M |
| Net Debt | $794.7K |
