| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $4M | $4M | 0.8% | -10.8% |
| Op. Income | $599.0K | $634.0K | $555.0K | -5.5% | 7.9% |
| Gross Margin | 73.0% | 73.7% | 65.4% | -0.7pp | 7.6pp |
| Net Margin | 12.9% | 13.8% | 10.5% | -0.9pp | 2.4pp |
| EPS (Diluted) | $0.13 | $0.14 | $0.11 | -7.1% | 18.2% |
| Free Cash Flow | $827.0K | $1M | $771.0K | -26.0% | 7.3% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $35.0K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $709.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $599.0K |
| Interest Income | $4M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $599.0K |
| Income Tax Expense | $110.0K |
| Net Income from Continuing Ops | $489.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $489.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $489.0K |
| D&A | $107.0K |
| EBIT | $599.0K |
| EBITDA | $706.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $35.0K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $709.0K |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $599.0K |
| Interest Income | $4M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $599.0K |
| Income Tax Expense | $110.0K |
| Net Income from Continuing Ops | $489.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $489.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $489.0K |
| D&A | $107.0K |
| EBIT | $599.0K |
| EBITDA | $706.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $489.0K |
| Depreciation & Amortization | $107.0K |
| Stock-Based Compensation | $239.0K |
| Deferred Income Tax | $91.0K |
| Other Non-Cash Items | -$95.0K |
| Change in Working Capital | $81.0K |
| OPERATING CASH FLOW | $912.0K |
| Capital Expenditure | -$85.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $968.0K |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | -$171.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | $827.0K |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $45M |
| Net Receivables | $861.0K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $83M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $177M |
| Tax Assets | $0 |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $201M |
| TOTAL ASSETS | $284M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $186M |
| TOTAL CURRENT LIABILITIES | $186M |
| Long-Term Debt | $15M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $202M |
| Common Stock | $41.0K |
| Additional Paid-In Capital | $38M |
| Retained Earnings | $51M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | -$5M |
| TOTAL STOCKHOLDERS' EQUITY | $82M |
| Minority Interest | $0 |
| TOTAL EQUITY | $82M |
| TOTAL LIABILITIES & EQUITY | $284M |
| Total Debt | $15M |
| Net Debt | -$23M |
