| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18M | $17M | $16M | 9.4% | 16.1% |
| Op. Income | $6M | $12M | $5M | -54.8% | 15.0% |
| Gross Margin | 79.1% | 69.1% | 65.1% | 10.0pp | 14.0pp |
| Net Margin | 25.4% | 73.9% | 26.1% | -48.5pp | -0.7pp |
| EPS (Diluted) | $0.83 | $0.84 | $0.73 | -1.2% | 13.7% |
| Free Cash Flow | $6M | $5M | $5M | 23.6% | 23.0% |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $3M |
| Operating Expenses | $9M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $6M |
| Interest Income | $16M |
| Interest Expense | $5.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $947.7K |
| 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 | $263.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $18M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $3M |
| Operating Expenses | $9M |
| Cost & Expenses | $13M |
| OPERATING INCOME | $6M |
| Interest Income | $16M |
| Interest Expense | $5.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $947.7K |
| 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 | $263.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$595.0K |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | $425.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $62M |
| NET CASH FROM FINANCING | $56M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $67M |
