| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $2M | $618.7K | 132.9% | 647.6% |
| Op. Income | $72M | $17M | -$454.1K | 319.3% | 15974.9% |
| Gross Margin | 98.1% | 98.6% | 98.8% | -0.5pp | -0.7pp |
| Net Margin | 1211.4% | 777.0% | -76.2% | 434.3pp | 1287.5pp |
| EPS (Diluted) | $1.83 | $0.84 | $-0.05 | 117.9% | 3908.4% |
| Free Cash Flow | -$5M | -$1M | -$412.0K | -291.4% | -1109.7% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $88.0K |
| GROSS PROFIT | $5M |
| R&D Expenses | $269.0K |
| Selling & Marketing | $668.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | -$72M |
| Operating Expenses | -$68M |
| Cost & Expenses | -$67M |
| OPERATING INCOME | $72M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $352.0K |
| EBIT | $77M |
| EBITDA | $77M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $88.0K |
| GROSS PROFIT | $5M |
| R&D Expenses | $269.0K |
| Selling & Marketing | $668.0K |
| General & Administrative | $4M |
| SG&A Expenses | $4M |
| Other Expenses | -$72M |
| Operating Expenses | -$68M |
| Cost & Expenses | -$67M |
| OPERATING INCOME | $72M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $352.0K |
| EBIT | $77M |
| EBITDA | $77M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $56M |
| Depreciation & Amortization | $352.0K |
| Stock-Based Compensation | $331.0K |
| Deferred Income Tax | $18M |
| Other Non-Cash Items | -$79M |
| Change in Working Capital | -$38.0K |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$175M |
| NET CASH FROM INVESTING | -$175M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$97M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $186M |
| NET CASH FROM FINANCING | $186M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $1M |
| Net Receivables | $52.0K |
| Inventory | $0 |
| Other Current Assets | $164M |
| TOTAL CURRENT ASSETS | $174M |
| PP&E (Net) | $0 |
| Goodwill | $607.0K |
| Intangible Assets | $305M |
| Long-Term Investments | $301M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$301M |
| TOTAL NON-CURRENT ASSETS | $306M |
| TOTAL ASSETS | $480M |
| Account Payables | $0 |
| Short-Term Debt | $267.0K |
| Deferred Revenue | $115.0K |
| Other Current Liabilities | $85M |
| TOTAL CURRENT LIABILITIES | $86M |
| Long-Term Debt | $131M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $19M |
| Other Non-Current Liabilities | $115.0K |
| TOTAL NON-CURRENT LIABILITIES | $151M |
| TOTAL LIABILITIES | $236M |
| Common Stock | $0 |
| Additional Paid-In Capital | $182M |
| Retained Earnings | $61M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $244M |
| Minority Interest | $0 |
| TOTAL EQUITY | $244M |
| TOTAL LIABILITIES & EQUITY | $480M |
| Total Debt | $132M |
| Net Debt | $123M |
