| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $9M | $5M | -35.6% | 8.7% |
| Op. Income | $434.0K | $3M | -$998.0K | -85.7% | 143.5% |
| Gross Margin | 60.3% | 74.6% | 59.6% | -14.3pp | 0.7pp |
| Net Margin | 5.8% | 34.0% | -14.5% | -28.2pp | 20.3pp |
| EPS (Diluted) | $0.07 | $0.61 | $-0.15 | -89.1% | 144.5% |
| Free Cash Flow | $54.0K | $488.0K | $710.0K | -88.9% | -92.4% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $26.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $1M |
| Operating Expenses | $3M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $434.0K |
| Interest Income | $6M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $434.0K |
| Income Tax Expense | $91.0K |
| Net Income from Continuing Ops | $343.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $343.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $343.0K |
| D&A | $168.0K |
| EBIT | $434.0K |
| EBITDA | $602.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $26.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $1M |
| Operating Expenses | $3M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $434.0K |
| Interest Income | $6M |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $434.0K |
| Income Tax Expense | $91.0K |
| Net Income from Continuing Ops | $343.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $343.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $343.0K |
| D&A | $168.0K |
| EBIT | $434.0K |
| EBITDA | $602.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $343.0K |
| Depreciation & Amortization | $168.0K |
| Stock-Based Compensation | $75.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$67.0K |
| Change in Working Capital | -$402.0K |
| OPERATING CASH FLOW | $117.0K |
| Capital Expenditure | -$63.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | $8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $54.0K |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $37M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $480M |
| Tax Assets | $2M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $503M |
| TOTAL ASSETS | $540M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $396M |
| TOTAL CURRENT LIABILITIES | $396M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $408M |
| Common Stock | $55.0K |
| Additional Paid-In Capital | $53M |
| Retained Earnings | $87M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | -$4M |
| TOTAL STOCKHOLDERS' EQUITY | $131M |
| Minority Interest | $0 |
| TOTAL EQUITY | $131M |
| TOTAL LIABILITIES & EQUITY | $540M |
| Total Debt | $0 |
| Net Debt | -$34M |
