| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $230M | $197M | $211M | 16.9% | 9.1% |
| Op. Income | $7M | -$7M | $1M | 194.8% | 478.6% |
| Gross Margin | 37.8% | 36.5% | 39.7% | 1.2pp | -1.9pp |
| Net Margin | 3.2% | -3.5% | -6.7% | 6.7pp | 9.9pp |
| EPS (Diluted) | $0.88 | $-0.86 | $-1.71 | 202.3% | 151.5% |
| Item | Amount |
|---|---|
| REVENUE | $230M |
| Cost of Revenue | $143M |
| GROSS PROFIT | $87M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $80M |
| Other Expenses | $0 |
| Operating Expenses | $80M |
| Cost & Expenses | $223M |
| OPERATING INCOME | $7M |
| Interest Income | $605.0K |
| Interest Expense | $87.0K |
| Other Income/Expenses | $748.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $296.0K |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $5M |
| EBIT | $7M |
| EBITDA | $12M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $230M |
| Cost of Revenue | $143M |
| GROSS PROFIT | $87M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $80M |
| Other Expenses | $0 |
| Operating Expenses | $80M |
| Cost & Expenses | $223M |
| OPERATING INCOME | $7M |
| Interest Income | $605.0K |
| Interest Expense | $87.0K |
| Other Income/Expenses | $748.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $296.0K |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $5M |
| EBIT | $7M |
| EBITDA | $12M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $66M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $114M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $193M |
| PP&E (Net) | $321M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$42M |
| TOTAL NON-CURRENT ASSETS | $278M |
| TOTAL ASSETS | $471M |
| Account Payables | $101M |
| Short-Term Debt | $44M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $173M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $181M |
| TOTAL LIABILITIES | $355M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $116M |
| TOTAL STOCKHOLDERS' EQUITY | $116M |
| Minority Interest | $0 |
| TOTAL EQUITY | $116M |
| TOTAL LIABILITIES & EQUITY | $471M |
| Total Debt | $223M |
| Net Debt | $157M |
