| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | -$20M | — | $64M | — | -131.6% |
| Op. Income | -$4M | — | $246.0K | — | -1860.2% |
| Gross Margin | 34.2% | — | 33.3% | — | 0.9pp |
| Net Margin | 6.2% | — | -1.5% | — | 7.7pp |
| EPS (Diluted) | $-0.03 | — | $-0.09 | — | 66.9% |
| Free Cash Flow | $2M | — | $3M | — | -41.7% |
| Item | Amount |
|---|---|
| REVENUE | -$20M |
| Cost of Revenue | -$13M |
| GROSS PROFIT | -$7M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | -$8M |
| Operating Expenses | -$3M |
| Cost & Expenses | -$16M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | -$34.0K |
| Other Income/Expenses | $484.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | -$975.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$329.0K |
| D&A | -$1M |
| EBIT | -$4M |
| EBITDA | -$6M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $139.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$197.0K |
| Other Non-Cash Items | $42.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$16.0K |
| Acquisitions (Net) | $138.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$138.0K |
| NET CASH FROM INVESTING | -$16.0K |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$22M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $0 |
| Net Receivables | $17M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $38M |
| PP&E (Net) | $874.0K |
| Goodwill | $1M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $19M |
| TOTAL ASSETS | $58M |
| Account Payables | $503.0K |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $9M |
| Long-Term Debt | $100.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $398.0K |
| TOTAL LIABILITIES | $10M |
| Common Stock | $112.0K |
| Additional Paid-In Capital | $71M |
| Retained Earnings | -$22M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $48M |
| Minority Interest | $0 |
| TOTAL EQUITY | $48M |
| TOTAL LIABILITIES & EQUITY | $58M |
| Total Debt | $2M |
| Net Debt | -$17M |
