| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $115M | — | — | — | — |
| Op. Income | -$9M | — | — | — | — |
| Gross Margin | 53.8% | — | — | — | — |
| Net Margin | -8.8% | — | — | — | — |
| EPS (Diluted) | $-0.29 | — | — | — | — |
| Free Cash Flow | -$9M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $115M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $62M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $71M |
| Other Expenses | $0 |
| Operating Expenses | $71M |
| Cost & Expenses | $124M |
| OPERATING INCOME | -$9M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$10M |
| Income Tax Expense | $34.0K |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $6M |
| EBIT | -$9M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $549.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$186.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $55.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $11M |
| Common Stock Repurchased | $326.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $62.0K |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | -$9M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $7M |
| Inventory | $192M |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $229M |
| PP&E (Net) | $224M |
| Goodwill | $0 |
| Intangible Assets | $401.0K |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $239M |
| TOTAL ASSETS | $468M |
| Account Payables | $80M |
| Short-Term Debt | $65M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $178M |
| Long-Term Debt | $24M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $938.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $133M |
| TOTAL LIABILITIES | $310M |
| Common Stock | $110M |
| Additional Paid-In Capital | $110M |
| Retained Earnings | $54M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$192.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $161M |
| Minority Interest | -$3M |
| TOTAL EQUITY | $158M |
| TOTAL LIABILITIES & EQUITY | $468M |
| Total Debt | $196M |
| Net Debt | $188M |
