| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $35M | $14M | $24M | 159.6% | 44.1% |
| Op. Income | -$1M | -$14M | -$9M | 90.9% | 86.4% |
| Gross Margin | 62.1% | 60.8% | 60.7% | 1.3pp | 1.4pp |
| Net Margin | 4.3% | -88.8% | -28.5% | 93.2pp | 32.9pp |
| EPS (Diluted) | $0.04 | $-0.32 | $-0.19 | 112.7% | 121.2% |
| Item | Amount |
|---|---|
| REVENUE | $35M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $22M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $0 |
| Operating Expenses | $23M |
| Cost & Expenses | $36M |
| OPERATING INCOME | -$1M |
| Interest Income | $3M |
| Interest Expense | $300.6K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $60.5K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1 |
| NET INCOME | $2M |
| Net Income Deductions | $13.8K |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $0 |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $123M |
| Net Receivables | $31M |
| Inventory | $15M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $226M |
| PP&E (Net) | $55M |
| Goodwill | $396.7K |
| Intangible Assets | $0 |
| Long-Term Investments | $11M |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $74M |
| TOTAL ASSETS | $300M |
| Account Payables | $19M |
| Short-Term Debt | $37M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $39M |
| TOTAL CURRENT LIABILITIES | $106M |
| Long-Term Debt | $12M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $843.9K |
| Other Non-Current Liabilities | $826.2K |
| TOTAL NON-CURRENT LIABILITIES | $30M |
| TOTAL LIABILITIES | $137M |
| Common Stock | $13.5K |
| Additional Paid-In Capital | $488M |
| Retained Earnings | -$324M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $863.7K |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $163M |
| Minority Interest | -$85.5K |
| TOTAL EQUITY | $163M |
| TOTAL LIABILITIES & EQUITY | $300M |
| Total Debt | $66M |
| Net Debt | $24M |
