| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $132M | $131M | $166M | 0.8% | -20.2% |
| Op. Income | $1M | $2M | -$28M | -19.3% | 105.0% |
| Gross Margin | 12.8% | 12.9% | 6.1% | -0.1pp | 6.7pp |
| Net Margin | 0.1% | 1.3% | -14.4% | -1.1pp | 14.6pp |
| EPS (Diluted) | $0.01 | $0.05 | $-0.79 | -87.9% | 100.8% |
| Item | Amount |
|---|---|
| REVENUE | $132M |
| Cost of Revenue | $115M |
| GROSS PROFIT | $17M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $1 |
| Operating Expenses | $16M |
| Cost & Expenses | $131M |
| OPERATING INCOME | $1M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $10.2K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $197.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $197.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $197.6K |
| D&A | $0 |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $132M |
| Cost of Revenue | $115M |
| GROSS PROFIT | $17M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $1 |
| Operating Expenses | $16M |
| Cost & Expenses | $131M |
| OPERATING INCOME | $1M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $10.2K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $197.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $197.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $197.6K |
| D&A | $0 |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $257M |
| Short-Term Investments | $73M |
| Net Receivables | $25M |
| Inventory | $0 |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $385M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $5M |
| Long-Term Investments | $56M |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $71M |
| TOTAL ASSETS | $456M |
| Account Payables | $81M |
| Short-Term Debt | $0 |
| Deferred Revenue | $35M |
| Other Current Liabilities | $48M |
| TOTAL CURRENT LIABILITIES | $165M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $190.9K |
| TOTAL LIABILITIES | $166M |
| Common Stock | $2.9K |
| Additional Paid-In Capital | $784M |
| Retained Earnings | -$559M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $65M |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $291M |
| Minority Interest | $0 |
| TOTAL EQUITY | $291M |
| TOTAL LIABILITIES & EQUITY | $456M |
| Total Debt | $1M |
| Net Debt | -$256M |
