| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $412.0K | $388.0K | $53.0K | 6.2% | 677.4% |
| Op. Income | -$2M | -$3M | -$3M | 15.3% | 34.5% |
| Gross Margin | 44.2% | 37.6% | 100.0% | 6.5pp | -55.8pp |
| Net Margin | -601.9% | -680.2% | -7141.5% | 78.2pp | 6539.6pp |
| EPS (Diluted) | $-0.20 | $-0.20 | $-0.45 | 0.0% | 55.6% |
| Free Cash Flow | -$2M | -$2M | -$1M | -16.1% | -40.8% |
| Item | Amount |
|---|---|
| REVENUE | $412.0K |
| Cost of Revenue | $230.0K |
| GROSS PROFIT | $182.0K |
| R&D Expenses | $456.0K |
| Selling & Marketing | $128.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | -$152.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $30.0K |
| Interest Expense | $6.0K |
| Other Income/Expenses | -$229.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $1.0K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $9.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $52.0K |
| Stock-Based Compensation | $242.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $67.0K |
| Change in Working Capital | $314.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$23.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$23.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $250.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $194.0K |
| Inventory | $108.0K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $146.0K |
| Goodwill | $5M |
| Intangible Assets | $861.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $268.0K |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $10M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $228.0K |
| Other Current Liabilities | $478.0K |
| TOTAL CURRENT LIABILITIES | $3M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $21.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $21.0K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $119M |
| Retained Earnings | -$112M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8M |
| Minority Interest | $0 |
| TOTAL EQUITY | $8M |
| TOTAL LIABILITIES & EQUITY | $10M |
| Total Debt | $0 |
| Net Debt | -$3M |
