| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19M | $16M | $14M | 19.6% | 38.0% |
| Op. Income | $3M | $3M | -$473.0K | 32.5% | 833.4% |
| Gross Margin | 43.8% | 48.2% | 22.6% | -4.4pp | 21.1pp |
| Net Margin | 81.4% | 16.8% | 0.9% | 64.6pp | 80.4pp |
| EPS (Diluted) | $1.60 | $0.28 | $0.01 | 471.4% | 11494.2% |
| Free Cash Flow | -$4M | $4M | $4M | -194.2% | -201.5% |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $8M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $26.0K |
| Other Income/Expenses | $112.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | -$12M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $0 |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $8M |
| R&D Expenses | $1M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $26.0K |
| Other Income/Expenses | $112.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | -$12M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $0 |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$329.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$329.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$215.0K |
| Common Dividends Paid | $162.0K |
| Other Financing Activities | -$162.0K |
| NET CASH FROM FINANCING | -$215.0K |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $18M |
| Inventory | $25M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $50M |
| PP&E (Net) | $11M |
| Goodwill | $617.0K |
| Intangible Assets | $0 |
| Long-Term Investments | $1M |
| Tax Assets | $12M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $36M |
| TOTAL ASSETS | $86M |
| Account Payables | $1M |
| Short-Term Debt | $1M |
| Deferred Revenue | $15M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $12M |
| TOTAL LIABILITIES | $35M |
| Common Stock | $10M |
| Additional Paid-In Capital | $42M |
| Retained Earnings | $462.0K |
| Treasury Stock | -$350.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $52M |
| Minority Interest | $0 |
| TOTAL EQUITY | $52M |
| TOTAL LIABILITIES & EQUITY | $86M |
| Total Debt | $5M |
| Net Debt | -$520.0K |
