| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $35M | $36M | $35M | -3.5% | -0.2% |
| Op. Income | $14M | $14M | $15M | -0.2% | -3.8% |
| Gross Margin | 69.6% | 68.3% | 69.5% | 1.3pp | 0.1pp |
| Net Margin | 31.1% | 30.2% | 32.0% | 0.9pp | -0.9pp |
| EPS (Diluted) | $1.12 | $1.13 | $1.16 | -0.9% | -3.4% |
| Free Cash Flow | $3M | $16M | $12M | -82.9% | -76.1% |
| Item | Amount |
|---|---|
| REVENUE | $35M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $289.0K |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $14M |
| Interest Income | $33M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $289.0K |
| EBIT | $14M |
| EBITDA | $14M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $35M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $289.0K |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $14M |
| Interest Income | $33M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $289.0K |
| EBIT | $14M |
| EBITDA | $14M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $165.0K |
| Stock-Based Compensation | $806.0K |
| Deferred Income Tax | -$369.0K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $789.0K |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$63M |
| NET CASH FROM INVESTING | -$67M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$251.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $64M |
| NET CASH FROM FINANCING | $61M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $245M |
| Short-Term Investments | $10M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $44M |
| TOTAL CURRENT ASSETS | $299M |
| PP&E (Net) | $22M |
| Goodwill | $11M |
| Intangible Assets | $752.0K |
| Long-Term Investments | $55M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$55M |
| TOTAL NON-CURRENT ASSETS | $34M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $594.0K |
| TOTAL CURRENT LIABILITIES | $594.0K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.7B |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $95.0K |
| Additional Paid-In Capital | $104M |
| Retained Earnings | $150M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $251M |
| Minority Interest | $0 |
| TOTAL EQUITY | $251M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $0 |
| Net Debt | -$245M |
