| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $605.3K | — | 118.8% | — |
| Op. Income | -$2M | -$1M | — | -60.2% | — |
| Gross Margin | 9.2% | 30.9% | — | -21.6pp | — |
| Net Margin | -148.4% | 305.9% | — | -454.3pp | — |
| EPS (Diluted) | $-0.33 | $0.61 | — | -154.1% | — |
| Free Cash Flow | -$979.9K | $1M | -$2M | -194.8% | 38.4% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $122.3K |
| R&D Expenses | $0 |
| Selling & Marketing | $240.8K |
| General & Administrative | $1M |
| SG&A Expenses | $2M |
| Other Expenses | $654.2K |
| Operating Expenses | $2M |
| Cost & Expenses | $3M |
| OPERATING INCOME | -$2M |
| Interest Income | $121.2K |
| Interest Expense | $34.2K |
| Other Income/Expenses | $132.1K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| 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 | $40.6K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $40.6K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $677.0K |
| Change in Working Capital | $267.9K |
| OPERATING CASH FLOW | -$979.9K |
| Capital Expenditure | $5 |
| Acquisitions (Net) | -$30M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $215.4K |
| Other Investing Activities | -$109 |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $40.3K |
| NET CASH FROM FINANCING | $32M |
| FREE CASH FLOW | -$979.9K |
| Net Change in Cash | $31M |
