| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $7M | $7M | 5.5% | 14.1% |
| Op. Income | $1M | $1M | $1M | 32.3% | 23.8% |
| Gross Margin | 70.6% | 69.3% | 68.5% | 1.3pp | 2.1pp |
| Net Margin | 14.9% | 11.8% | 13.8% | 3.1pp | 1.1pp |
| EPS (Diluted) | $0.31 | $0.23 | $0.25 | 34.8% | 24.0% |
| Free Cash Flow | $2M | $888.0K | -$1M | 150.8% | 250.5% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $2M |
| Operating Expenses | $4M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $1M |
| Interest Income | $7M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $300.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $0 |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $2M |
| Operating Expenses | $4M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $1M |
| Interest Income | $7M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $300.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $0 |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $259.0K |
| Stock-Based Compensation | $247.0K |
| Deferred Income Tax | $19.0K |
| Other Non-Cash Items | -$308.0K |
| Change in Working Capital | $895.0K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$60.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$988.0K |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | -$194.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $32M |
| NET CASH FROM FINANCING | $24M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $59M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $70M |
| PP&E (Net) | $13M |
| Goodwill | $0 |
| Intangible Assets | $410.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$410.0K |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $536M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $448M |
| TOTAL NON-CURRENT LIABILITIES | $448M |
| TOTAL LIABILITIES | $448M |
| Common Stock | -$3M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $54M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $40M |
| TOTAL STOCKHOLDERS' EQUITY | $88M |
| Minority Interest | $0 |
| TOTAL EQUITY | $88M |
| TOTAL LIABILITIES & EQUITY | $536M |
| Total Debt | $0 |
| Net Debt | -$8M |
