| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $131M | $154M | $155M | -14.7% | -15.4% |
| Op. Income | $2M | $2M | -$14M | -16.3% | 112.7% |
| Gross Margin | 12.9% | 13.5% | 5.7% | -0.6pp | 7.2pp |
| Net Margin | 1.3% | 3.6% | 0.3% | -2.3pp | 0.9pp |
| EPS (Diluted) | $0.05 | $0.18 | $0.02 | -70.4% | 236.4% |
| Item | Amount |
|---|---|
| REVENUE | $131M |
| Cost of Revenue | $114M |
| GROSS PROFIT | $17M |
| R&D Expenses | $4M |
| Selling & Marketing | $8M |
| General & Administrative | $5M |
| SG&A Expenses | $13M |
| Other Expenses | -$1M |
| Operating Expenses | $15M |
| Cost & Expenses | $130M |
| OPERATING INCOME | $2M |
| Interest Income | $372.1K |
| Interest Expense | $0 |
| Other Income/Expenses | $885.6K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $973.4K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $0 |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $131M |
| Cost of Revenue | $114M |
| GROSS PROFIT | $17M |
| R&D Expenses | $4M |
| Selling & Marketing | $8M |
| General & Administrative | $5M |
| SG&A Expenses | $13M |
| Other Expenses | -$1M |
| Operating Expenses | $15M |
| Cost & Expenses | $130M |
| OPERATING INCOME | $2M |
| Interest Income | $372.1K |
| Interest Expense | $0 |
| Other Income/Expenses | $885.6K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $973.4K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $0 |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $227M |
| Short-Term Investments | $80M |
| Net Receivables | $21M |
| Inventory | $0 |
| Other Current Assets | $33M |
| TOTAL CURRENT ASSETS | $364M |
| PP&E (Net) | $767.3K |
| Goodwill | $0 |
| Intangible Assets | $6M |
| Long-Term Investments | $73M |
| Tax Assets | $0 |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $90M |
| TOTAL ASSETS | $454M |
| Account Payables | $75M |
| Short-Term Debt | $0 |
| Deferred Revenue | $35M |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $161M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $285.5K |
| TOTAL LIABILITIES | $161M |
| Common Stock | $2.9K |
| Additional Paid-In Capital | $784M |
| Retained Earnings | -$558M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $68M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $293M |
| Minority Interest | $0 |
| TOTAL EQUITY | $293M |
| TOTAL LIABILITIES & EQUITY | $454M |
| Total Debt | $1M |
| Net Debt | -$225M |
