| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $155M | $123M | $150M | 25.9% | 2.7% |
| Op. Income | $21M | $11M | $27M | 103.4% | -21.8% |
| Gross Margin | 55.2% | 53.7% | 56.6% | 1.6pp | -1.4pp |
| Net Margin | 10.6% | 6.6% | 14.4% | 4.0pp | -3.8pp |
| EPS (Diluted) | $1.26 | $0.62 | $1.62 | 103.2% | -22.2% |
| Item | Amount |
|---|---|
| REVENUE | $155M |
| Cost of Revenue | $69M |
| GROSS PROFIT | $85M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $64M |
| Other Expenses | $0 |
| Operating Expenses | $64M |
| Cost & Expenses | $133M |
| OPERATING INCOME | $21M |
| Interest Income | $174.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $173.0K |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $4M |
| EBIT | $21M |
| EBITDA | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $155M |
| Cost of Revenue | $69M |
| GROSS PROFIT | $85M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $64M |
| Other Expenses | $0 |
| Operating Expenses | $64M |
| Cost & Expenses | $133M |
| OPERATING INCOME | $21M |
| Interest Income | $174.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $173.0K |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $4M |
| EBIT | $21M |
| EBITDA | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $0 |
| Net Receivables | $21M |
| Inventory | $82M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $140M |
| PP&E (Net) | $192M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $205M |
| TOTAL ASSETS | $345M |
| Account Payables | $15M |
| Short-Term Debt | $29M |
| Deferred Revenue | $15M |
| Other Current Liabilities | $31M |
| TOTAL CURRENT LIABILITIES | $91M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $100M |
| TOTAL LIABILITIES | $190M |
| Common Stock | $128.0K |
| Additional Paid-In Capital | $61M |
| Retained Earnings | $105M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $155M |
| Minority Interest | $0 |
| TOTAL EQUITY | $155M |
| TOTAL LIABILITIES & EQUITY | $345M |
| Total Debt | $127M |
| Net Debt | $101M |
