| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $9M | $7M | 48.0% | 80.3% |
| Op. Income | -$137.0K | -$20.0K | $1M | -585.0% | -112.8% |
| Gross Margin | 55.6% | 61.7% | 71.8% | -6.1pp | -16.2pp |
| Net Margin | 0.4% | 3.3% | 59.1% | -2.9pp | -58.7pp |
| EPS (Diluted) | $0.01 | $0.04 | $0.62 | -85.7% | -99.0% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $7M |
| R&D Expenses | $3M |
| Selling & Marketing | $3M |
| General & Administrative | $2M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$137.0K |
| Interest Income | $339.6K |
| Interest Expense | $0 |
| Other Income/Expenses | $338.0K |
| INCOME BEFORE TAX | $201.0K |
| Income Tax Expense | $148.0K |
| Net Income from Continuing Ops | $53.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53.0K |
| D&A | $19.5K |
| EBIT | -$137.0K |
| EBITDA | -$117.5K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $53.0K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $24M |
| PP&E (Net) | $3M |
| Goodwill | $4M |
| Intangible Assets | $704.0K |
| Long-Term Investments | $10M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $19M |
| TOTAL ASSETS | $43M |
| Account Payables | $566.0K |
| Short-Term Debt | $138.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $12M |
| Common Stock | $0 |
| Additional Paid-In Capital | $114M |
| Retained Earnings | -$96M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31M |
| Minority Interest | $0 |
| TOTAL EQUITY | $31M |
| TOTAL LIABILITIES & EQUITY | $43M |
| Total Debt | $3M |
| Net Debt | -$11M |
