| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $4M | $2M | -1.9% | 44.6% |
| Op. Income | -$3M | -$1M | -$1M | -90.7% | -122.0% |
| Gross Margin | 17.7% | 13.9% | 29.9% | 3.8pp | -12.2pp |
| Net Margin | -54.6% | -38.4% | -51.8% | -16.2pp | -2.9pp |
| EPS (Diluted) | $-5394.86 | $-3872.07 | $-3293.20 | -39.3% | -63.8% |
| Free Cash Flow | -$3M | -$3M | $715.0K | -5.5% | -489.2% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $618.0K |
| R&D Expenses | $59.0K |
| Selling & Marketing | $1M |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $43.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $32.0K |
| Other Income/Expenses | $685.0K |
| 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 | $63.0K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$5.4K |
| EPS Diluted | -$5.4K |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $63.0K |
| Stock-Based Compensation | $415.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$104.0K |
| Change in Working Capital | $34.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$683.0K |
| NET CASH FROM INVESTING | -$686.0K |
| Net Debt Issuance | $423.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$467.0K |
| NET CASH FROM FINANCING | $584.0K |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $197.0K |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $5.0K |
| Goodwill | $6M |
| Intangible Assets | $191.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $14M |
| Account Payables | $1M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $452.0K |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $5M |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $37M |
| Retained Earnings | -$39M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $3M |
| TOTAL STOCKHOLDERS' EQUITY | $9M |
| Minority Interest | -$18.0K |
| TOTAL EQUITY | $9M |
| TOTAL LIABILITIES & EQUITY | $14M |
| Total Debt | $2M |
| Net Debt | -$99.0K |
