| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13M | $13M | $13M | 1.8% | 2.9% |
| Op. Income | $5M | $4M | $5M | 31.5% | -1.2% |
| Gross Margin | 83.6% | 74.7% | 83.4% | 9.0pp | 0.3pp |
| Net Margin | 28.2% | 22.0% | 29.6% | 6.2pp | -1.3pp |
| EPS (Diluted) | $0.38 | $0.29 | $0.35 | 31.0% | 8.6% |
| Free Cash Flow | $8M | $3M | $6M | 227.3% | 41.4% |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $11M |
| R&D Expenses | $0 |
| Selling & Marketing | $5.0K |
| General & Administrative | $239.0K |
| SG&A Expenses | $244.0K |
| Other Expenses | $6M |
| Operating Expenses | $6M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $5M |
| Interest Income | $13M |
| Interest Expense | $3M |
| Other Income/Expenses | -$8.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $251.0K |
| EBIT | $5M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $13M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $11M |
| R&D Expenses | $0 |
| Selling & Marketing | $5.0K |
| General & Administrative | $239.0K |
| SG&A Expenses | $244.0K |
| Other Expenses | $6M |
| Operating Expenses | $6M |
| Cost & Expenses | $8M |
| OPERATING INCOME | $5M |
| Interest Income | $13M |
| Interest Expense | $3M |
| Other Income/Expenses | -$8.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $251.0K |
| EBIT | $5M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $251.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$16.0K |
| Other Non-Cash Items | -$625.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$13.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $64M |
| Short-Term Investments | $34M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $44M |
| PP&E (Net) | $13M |
| Goodwill | $14M |
| Intangible Assets | $696.0K |
| Long-Term Investments | $755M |
| Tax Assets | $9M |
| Other Non-Current Assets | -$755M |
| TOTAL NON-CURRENT ASSETS | $37M |
| TOTAL ASSETS | $909M |
| Account Payables | $0 |
| Short-Term Debt | $248.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $664M |
| TOTAL CURRENT LIABILITIES | $664M |
| Long-Term Debt | $35M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $55M |
| TOTAL LIABILITIES | $719M |
| Common Stock | $95.0K |
| Additional Paid-In Capital | $80M |
| Retained Earnings | $118M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | -$7M |
| TOTAL STOCKHOLDERS' EQUITY | $190M |
| Minority Interest | $0 |
| TOTAL EQUITY | $190M |
| TOTAL LIABILITIES & EQUITY | $909M |
| Total Debt | $35M |
| Net Debt | -$29M |
