| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $8M | $9M | 5.5% | -3.2% |
| Op. Income | $3M | $3M | $3M | 5.8% | 2.6% |
| Gross Margin | 84.9% | 68.9% | 54.0% | 16.0pp | 31.0pp |
| Net Margin | 28.5% | 26.3% | 26.5% | 2.2pp | 2.0pp |
| EPS (Diluted) | $0.31 | $0.27 | $-0.62 | 14.8% | 150.0% |
| Free Cash Flow | $4M | $4M | $3M | -8.3% | 8.6% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $3M |
| Operating Expenses | $4M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $3M |
| Interest Income | $696.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $121.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $714.0K |
| 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 | $86.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $3M |
| Operating Expenses | $4M |
| Cost & Expenses | $5M |
| OPERATING INCOME | $3M |
| Interest Income | $696.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $121.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $714.0K |
| 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 | $86.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $86.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $386.0K |
| Change in Working Capital | $903.0K |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$175.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$176.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$459.0K |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $72M |
| Short-Term Investments | $12.0K |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $77M |
| PP&E (Net) | $1M |
| Goodwill | $83M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $549.0K |
| Other Non-Current Assets | -$367.0K |
| TOTAL NON-CURRENT ASSETS | $84M |
| TOTAL ASSETS | $160M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $6M |
| Long-Term Debt | $40M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $17M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $57M |
| TOTAL LIABILITIES | $63M |
| Common Stock | $23M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $74M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $98M |
| Minority Interest | $0 |
| TOTAL EQUITY | $98M |
| TOTAL LIABILITIES & EQUITY | $161M |
| Total Debt | $41M |
| Net Debt | -$32M |
