| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $21M | $22M | 10.6% | 3.4% |
| Op. Income | $3M | $27.0K | $1M | 11925.9% | 172.4% |
| Gross Margin | 72.7% | 68.0% | 69.3% | 4.7pp | 3.4pp |
| Net Margin | 132.8% | 0.3% | 6.7% | 132.5pp | 126.1pp |
| EPS (Diluted) | $1.11 | $0.00 | $0.05 | 48160.9% | 2217.3% |
| Free Cash Flow | -$5M | $2M | -$5M | -315.5% | 12.2% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $17M |
| R&D Expenses | $7M |
| Selling & Marketing | $5M |
| General & Administrative | $2M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $3M |
| Interest Income | $440.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $50.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | -$28M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $77.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $17M |
| R&D Expenses | $7M |
| Selling & Marketing | $5M |
| General & Administrative | $2M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $3M |
| Interest Income | $440.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $50.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | -$28M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $77.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $338.0K |
| Stock-Based Compensation | $496.0K |
| Deferred Income Tax | -$27M |
| Other Non-Cash Items | $390.0K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$213.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$213.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $476.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $63M |
| Short-Term Investments | $0 |
| Net Receivables | $33M |
| Inventory | $0 |
| Other Current Assets | $886.0K |
| TOTAL CURRENT ASSETS | $99M |
| PP&E (Net) | $4M |
| Goodwill | $13M |
| Intangible Assets | $0 |
| Long-Term Investments | $55.0K |
| Tax Assets | $29M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $49M |
| TOTAL ASSETS | $148M |
| Account Payables | $3M |
| Short-Term Debt | $1M |
| Deferred Revenue | $49M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $62M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $325.0K |
| Other Non-Current Liabilities | $908.0K |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $68M |
| Common Stock | $33.0K |
| Additional Paid-In Capital | $411M |
| Retained Earnings | -$291M |
| Treasury Stock | -$39M |
| Accum. Other Comp. Income | -$336.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $81M |
| Minority Interest | $0 |
| TOTAL EQUITY | $81M |
| TOTAL LIABILITIES & EQUITY | $148M |
| Total Debt | $4M |
| Net Debt | -$59M |
