| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $19M | — | -5.4% | — |
| Op. Income | -$2M | -$2M | — | 26.4% | — |
| Gross Margin | 78.0% | 75.1% | — | 2.9pp | — |
| Net Margin | -12.2% | -12.7% | — | 0.6pp | — |
| EPS (Diluted) | $-2.15 | $-2.28 | — | 5.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $14M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $1 |
| Operating Expenses | $16M |
| Cost & Expenses | $20M |
| OPERATING INCOME | -$2M |
| Interest Income | $216.4K |
| Interest Expense | $2.2K |
| Other Income/Expenses | -$356.2K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $126.2K |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $411.4K |
| EBIT | -$2M |
| EBITDA | -$1M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $70M |
| Short-Term Investments | $0 |
| Net Receivables | $27M |
| Inventory | $8M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $108M |
| PP&E (Net) | $11M |
| Goodwill | $41.5K |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $120M |
| Account Payables | $6M |
| Short-Term Debt | $2M |
| Deferred Revenue | $16M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $36M |
| Long-Term Debt | $248.6K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $42M |
| Common Stock | $20.6K |
| Additional Paid-In Capital | $733M |
| Retained Earnings | -$622M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | -$24M |
| Other Equity | -$2 |
| TOTAL STOCKHOLDERS' EQUITY | $78M |
| Minority Interest | $0 |
| TOTAL EQUITY | $78M |
| TOTAL LIABILITIES & EQUITY | $120M |
| Total Debt | $6M |
| Net Debt | -$64M |
