| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $1M | $440.0K | 23.3% | 306.4% |
| Op. Income | -$2M | -$2M | -$1M | 8.9% | -54.3% |
| Gross Margin | 2.0% | 49.7% | 49.5% | -47.7pp | -47.6pp |
| Net Margin | -102.6% | -142.4% | -283.0% | 39.9pp | 180.4pp |
| EPS (Diluted) | $-0.11 | $-0.14 | $-0.09 | 21.4% | -29.0% |
| Free Cash Flow | -$1M | -$1M | $32.0K | 9.7% | -4215.6% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $35.0K |
| R&D Expenses | $452.0K |
| Selling & Marketing | $375.0K |
| General & Administrative | $586.0K |
| SG&A Expenses | $961.0K |
| Other Expenses | $431.2K |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$2M |
| Interest Income | $56.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$30.0K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $3.0K |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $29.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $29.0K |
| Stock-Based Compensation | $514.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.0K |
| Change in Working Capital | $34.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$59.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$59.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$156.0K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $874.0K |
| Inventory | $304.0K |
| Other Current Assets | $186.0K |
| TOTAL CURRENT ASSETS | $10M |
| PP&E (Net) | $305.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $305.0K |
| TOTAL ASSETS | $10M |
| Account Payables | $531.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $590.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $60M |
| Retained Earnings | -$51M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | $0 |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $10M |
| Total Debt | $0 |
| Net Debt | -$8M |
