| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $4M | $4M | 9.8% | 4.2% |
| Op. Income | $87.0K | -$375.0K | $79.0K | 123.2% | 10.1% |
| Gross Margin | 74.4% | 70.2% | 71.8% | 4.2pp | 2.6pp |
| Net Margin | 2.8% | -5.2% | 3.0% | 8.0pp | -0.2pp |
| EPS (Diluted) | $0.04 | $-0.07 | $0.04 | 158.5% | -3.8% |
| Free Cash Flow | -$735.0K | -$240.0K | $513.0K | -206.3% | -243.3% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $45.0K |
| General & Administrative | $478.0K |
| SG&A Expenses | $523.0K |
| Other Expenses | $3M |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $87.0K |
| Interest Income | $4M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $87.0K |
| Income Tax Expense | -$38.0K |
| Net Income from Continuing Ops | $125.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $125.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $125.0K |
| D&A | $92.0K |
| EBIT | $87.0K |
| EBITDA | $179.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $45.0K |
| General & Administrative | $478.0K |
| SG&A Expenses | $523.0K |
| Other Expenses | $3M |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $87.0K |
| Interest Income | $4M |
| Interest Expense | $1M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $87.0K |
| Income Tax Expense | -$38.0K |
| Net Income from Continuing Ops | $125.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $125.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $125.0K |
| D&A | $92.0K |
| EBIT | $87.0K |
| EBITDA | $179.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $125.0K |
| Depreciation & Amortization | $92.0K |
| Stock-Based Compensation | $17.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $10.0K |
| OPERATING CASH FLOW | -$862.0K |
| Capital Expenditure | $127.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | -$13M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $12M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$735.0K |
| Net Change in Cash | -$441.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $104M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | -$10M |
| TOTAL CURRENT ASSETS | $108M |
| PP&E (Net) | $2M |
| Goodwill | $317.0K |
| Intangible Assets | $0 |
| Long-Term Investments | $213M |
| Tax Assets | $7M |
| Other Non-Current Assets | -$213M |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $352M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $329M |
| TOTAL CURRENT LIABILITIES | $329M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $331M |
| Common Stock | $3M |
| Additional Paid-In Capital | $11M |
| Retained Earnings | $23M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | -$84.0K |
| TOTAL STOCKHOLDERS' EQUITY | $21M |
| Minority Interest | $0 |
| TOTAL EQUITY | $21M |
| TOTAL LIABILITIES & EQUITY | $352M |
| Total Debt | $0 |
| Net Debt | -$12M |
