| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28.7K | $35.3K | — | -18.8% | — |
| Op. Income | -$1M | -$2M | — | 23.5% | — |
| Gross Margin | -5.6% | -35.1% | — | 29.5pp | — |
| Net Margin | -4065.6% | -4261.7% | — | 196.1pp | — |
| EPS (Diluted) | $-1.60 | $-2.00 | — | 20.0% | — |
| Free Cash Flow | -$1M | -$1M | — | 25.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $28.7K |
| Cost of Revenue | $30.3K |
| GROSS PROFIT | -$1.6K |
| R&D Expenses | $288.1K |
| Selling & Marketing | $2.4K |
| General & Administrative | $763.3K |
| SG&A Expenses | $765.7K |
| Other Expenses | $125.0K |
| Operating Expenses | $1M |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $14.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $6.3K |
| EBIT | -$1M |
| EBITDA | -$1M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $6.3K |
| Stock-Based Compensation | $129.5K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4.1K |
| Change in Working Capital | -$26.1K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$2.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2.2K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$75.8K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $365.4K |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$700.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $410.9K |
| Short-Term Investments | $43.5K |
| Net Receivables | $7.1K |
| Inventory | $138.4K |
| Other Current Assets | $63.2K |
| TOTAL CURRENT ASSETS | $771.1K |
| PP&E (Net) | $109.4K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $109.4K |
| TOTAL ASSETS | $880.4K |
| Account Payables | $685.1K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $705.6K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $705.6K |
| Common Stock | $7.4K |
| Additional Paid-In Capital | $30M |
| Retained Earnings | -$30M |
| Treasury Stock | -$249.7K |
| Accum. Other Comp. Income | $17.8K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $174.8K |
| Minority Interest | $0 |
| TOTAL EQUITY | $174.8K |
| TOTAL LIABILITIES & EQUITY | $880.4K |
| Total Debt | $20.5K |
| Net Debt | -$390.4K |
