| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14M | $8M | $10M | 65.0% | 31.1% |
| Op. Income | -$1M | -$2M | -$2M | 30.2% | 25.6% |
| Gross Margin | 83.6% | 88.1% | 81.1% | -4.5pp | 2.6pp |
| Net Margin | -10.3% | -23.4% | -18.2% | 13.1pp | 7.9pp |
| EPS (Diluted) | $-0.09 | $-0.13 | $-0.14 | 27.4% | 32.6% |
| Free Cash Flow | $3.0K | $163.4K | $2M | -98.1% | -99.8% |
| Item | Amount |
|---|---|
| REVENUE | $14M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $11M |
| R&D Expenses | $2M |
| Selling & Marketing | $6M |
| General & Administrative | $4M |
| SG&A Expenses | $10M |
| Other Expenses | $1M |
| Operating Expenses | $13M |
| Cost & Expenses | $15M |
| OPERATING INCOME | -$1M |
| Interest Income | $92.0K |
| Interest Expense | $112.9K |
| Other Income/Expenses | -$34.2K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $23.2K |
| 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 | $2M |
| EBIT | -$1M |
| EBITDA | -$143.7K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $403.1K |
| Change in Working Capital | -$30.3K |
| OPERATING CASH FLOW | $3.0K |
| Capital Expenditure | $6 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $263.5K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$681.7K |
| FREE CASH FLOW | $3.0K |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $17M |
| Inventory | $6M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $37M |
| PP&E (Net) | $9M |
| Goodwill | $914.0K |
| Intangible Assets | $14M |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $40M |
| TOTAL ASSETS | $77M |
| Account Payables | $19M |
| Short-Term Debt | $467.8K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $37M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $52M |
| Common Stock | $52M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$27M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $25M |
| Minority Interest | -$336.1K |
| TOTAL EQUITY | $25M |
| TOTAL LIABILITIES & EQUITY | $77M |
| Total Debt | $10M |
| Net Debt | -$1M |
