| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $27M | $30M | $34M | -8.1% | -19.2% |
| Op. Income | $1M | $2M | $2M | -46.4% | -40.5% |
| Gross Margin | 66.9% | 68.3% | 67.2% | -1.5pp | -0.4pp |
| Net Margin | 8.1% | 10.5% | 11.4% | -2.4pp | -3.3pp |
| EPS (Diluted) | $0.21 | $0.29 | $0.37 | -27.5% | -42.0% |
| Item | Amount |
|---|---|
| REVENUE | $27M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $18M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $1 |
| Operating Expenses | $17M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $76.9K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $0 |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $27M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $18M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $11M |
| Other Expenses | $1 |
| Operating Expenses | $17M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $76.9K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $0 |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $168M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $3M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $190M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $10M |
| TOTAL ASSETS | $200M |
| Account Payables | $4M |
| Short-Term Debt | $316.7K |
| Deferred Revenue | $32M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $53M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $55M |
| Common Stock | $27.2K |
| Additional Paid-In Capital | $140M |
| Retained Earnings | $8M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | $4M |
| Other Equity | $1 |
| TOTAL STOCKHOLDERS' EQUITY | $146M |
| Minority Interest | $0 |
| TOTAL EQUITY | $146M |
| TOTAL LIABILITIES & EQUITY | $200M |
| Total Debt | $2M |
| Net Debt | -$167M |
