| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $13M | $13M | 4.6% | 10.1% |
| Op. Income | $5M | $5M | $3M | -0.2% | 81.5% |
| Gross Margin | 76.3% | 83.6% | 72.1% | -7.4pp | 4.2pp |
| Net Margin | 34.7% | 28.2% | 15.5% | 6.5pp | 19.2pp |
| EPS (Diluted) | $0.56 | $0.38 | $0.18 | 47.4% | 211.1% |
| Free Cash Flow | $4M | $8M | $4M | -57.6% | -8.8% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $11M |
| R&D Expenses | $0 |
| Selling & Marketing | $23.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $2M |
| Operating Expenses | $5M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $5M |
| Interest Income | $13M |
| Interest Expense | $3M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $45.0K |
| EBIT | $5M |
| EBITDA | $5M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $11M |
| R&D Expenses | $0 |
| Selling & Marketing | $23.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | $2M |
| Operating Expenses | $5M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $5M |
| Interest Income | $13M |
| Interest Expense | $3M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $45.0K |
| EBIT | $5M |
| EBITDA | $5M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $729.0K |
| Stock-Based Compensation | -$3M |
| Deferred Income Tax | $528.0K |
| Other Non-Cash Items | $1.0K |
| Change in Working Capital | $723.0K |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | $132.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $14M |
| Sales/Maturities of Investments | -$17M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$55M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $33M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $42M |
| PP&E (Net) | $12M |
| Goodwill | $14M |
| Intangible Assets | $651.0K |
| Long-Term Investments | $763M |
| Tax Assets | $8M |
| Other Non-Current Assets | -$763M |
| TOTAL NON-CURRENT ASSETS | $35M |
| TOTAL ASSETS | $912M |
| Account Payables | $0 |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $25M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $693M |
| TOTAL NON-CURRENT LIABILITIES | $718M |
| TOTAL LIABILITIES | $728M |
| Common Stock | $88.0K |
| Additional Paid-In Capital | $69M |
| Retained Earnings | $123M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | -$7M |
| TOTAL STOCKHOLDERS' EQUITY | $184M |
| Minority Interest | $0 |
| TOTAL EQUITY | $184M |
| TOTAL LIABILITIES & EQUITY | $912M |
| Total Debt | $36M |
| Net Debt | $30M |
