| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $26M | — | 10.2% | — |
| Op. Income | $6M | $6M | — | -10.4% | — |
| Gross Margin | 61.6% | 63.8% | — | -2.3pp | — |
| Net Margin | 15.3% | 18.6% | — | -3.3pp | — |
| EPS (Diluted) | $0.30 | $0.33 | — | -9.1% | — |
| Free Cash Flow | -$12M | $840.0K | — | -1546.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $7M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $6M |
| Interest Income | $22M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $2M |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $17M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $7M |
| SG&A Expenses | $8M |
| Other Expenses | $4M |
| Operating Expenses | $12M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $6M |
| Interest Income | $22M |
| Interest Expense | $9M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $2M |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $523.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$22M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | -$12M |
| Capital Expenditure | $51.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | -$86M |
| NET CASH FROM INVESTING | -$88M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $60M |
| NET CASH FROM FINANCING | $60M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | -$40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $86M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$1.0B |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $0 |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $26M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $80M |
| Retained Earnings | $78M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $206.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $158M |
| Minority Interest | $0 |
| TOTAL EQUITY | $158M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $6M |
| Net Debt | $954.0K |
