| Metric | Q3 2026 | Q2 2026 | Q3 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17M | $17M | $19M | -1.4% | -10.8% |
| Op. Income | $1M | $2M | $3M | -25.8% | -63.4% |
| Gross Margin | 39.2% | 38.2% | 43.8% | 1.1pp | -4.5pp |
| Net Margin | 9.3% | 10.5% | 81.4% | -1.2pp | -72.1pp |
| EPS (Diluted) | $0.16 | $0.18 | $1.60 | -11.1% | -90.0% |
| Free Cash Flow | -$2M | -$1M | -$4M | -100.9% | 42.3% |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $7M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | -$4M |
| Operating Expenses | $5M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $1M |
| Interest Income | $191.0K |
| Interest Expense | $21.0K |
| Other Income/Expenses | $170.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | -$127.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $0 |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $17M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $7M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | -$4M |
| Operating Expenses | $5M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $1M |
| Interest Income | $191.0K |
| Interest Expense | $21.0K |
| Other Income/Expenses | $170.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | -$127.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $0 |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$865.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$865.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$616.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$616.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $86.0K |
| Short-Term Investments | $0 |
| Net Receivables | $25M |
| Inventory | $26M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $53M |
| PP&E (Net) | $15M |
| Goodwill | $617.0K |
| Intangible Assets | $0 |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $42M |
| TOTAL ASSETS | $94M |
| Account Payables | $3M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $34M |
| Common Stock | $10M |
| Additional Paid-In Capital | $44M |
| Retained Earnings | $8M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $60M |
| Minority Interest | $0 |
| TOTAL EQUITY | $60M |
| TOTAL LIABILITIES & EQUITY | $94M |
| Total Debt | $8M |
| Net Debt | $8M |
