| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $22M | $22M | -6.2% | -6.0% |
| Op. Income | $27.0K | $650.0K | $938.0K | -95.8% | -97.1% |
| Gross Margin | 68.0% | 70.2% | 69.3% | -2.2pp | -1.3pp |
| Net Margin | 0.3% | 3.0% | 6.7% | -2.7pp | -6.4pp |
| EPS (Diluted) | $0.00 | $0.02 | $0.05 | -90.0% | -95.1% |
| Free Cash Flow | $2M | $6M | $2M | -66.5% | 21.5% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $14M |
| R&D Expenses | $8M |
| Selling & Marketing | $5M |
| General & Administrative | $2M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $27.0K |
| Interest Income | $597.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $293.0K |
| INCOME BEFORE TAX | $320.0K |
| Income Tax Expense | $254.0K |
| Net Income from Continuing Ops | $66.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66.0K |
| D&A | $88.0K |
| EBIT | $27.0K |
| EBITDA | $115.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $14M |
| R&D Expenses | $8M |
| Selling & Marketing | $5M |
| General & Administrative | $2M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $27.0K |
| Interest Income | $597.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $293.0K |
| INCOME BEFORE TAX | $320.0K |
| Income Tax Expense | $254.0K |
| Net Income from Continuing Ops | $66.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66.0K |
| D&A | $88.0K |
| EBIT | $27.0K |
| EBITDA | $115.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $66.0K |
| Depreciation & Amortization | $708.0K |
| Stock-Based Compensation | $699.0K |
| Deferred Income Tax | -$209.0K |
| Other Non-Cash Items | -$9.0K |
| Change in Working Capital | $955.0K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$104.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$104.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $31.0K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $69M |
| Short-Term Investments | $0 |
| Net Receivables | $12M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $86M |
| PP&E (Net) | $4M |
| Goodwill | $13M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $20M |
| TOTAL ASSETS | $106M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $35M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $50M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $899.0K |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $55M |
| Common Stock | $33.0K |
| Additional Paid-In Capital | $410M |
| Retained Earnings | -$322M |
| Treasury Stock | -$35M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | -$21.0K |
| TOTAL STOCKHOLDERS' EQUITY | $52M |
| Minority Interest | $0 |
| TOTAL EQUITY | $52M |
| TOTAL LIABILITIES & EQUITY | $106M |
| Total Debt | $4M |
| Net Debt | -$65M |
