| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $20M | $18M | 3.9% | 15.7% |
| Op. Income | $7M | $7M | $6M | 0.7% | 18.0% |
| Gross Margin | 77.8% | 78.2% | 77.4% | -0.4pp | 0.4pp |
| Net Margin | 26.3% | 28.3% | 27.6% | -2.0pp | -1.3pp |
| EPS (Diluted) | $0.43 | $0.45 | $0.40 | -4.4% | 7.5% |
| Free Cash Flow | $6M | $5M | $5M | 18.8% | 14.6% |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $16M |
| R&D Expenses | $674.4K |
| Selling & Marketing | $5M |
| General & Administrative | $4M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $464.0K |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $383.7K |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $16M |
| R&D Expenses | $674.4K |
| Selling & Marketing | $5M |
| General & Administrative | $4M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $464.0K |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $383.7K |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $383.7K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $134.9K |
| Other Non-Cash Items | $668.0K |
| Change in Working Capital | $222.8K |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$29.6K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $57M |
| Short-Term Investments | $0 |
| Net Receivables | $14M |
| Inventory | $12M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $85M |
| PP&E (Net) | $24M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $214.4K |
| TOTAL NON-CURRENT ASSETS | $30M |
| TOTAL ASSETS | $115M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $137.0K |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $16M |
| Common Stock | $1.3K |
| Additional Paid-In Capital | $32M |
| Retained Earnings | $66M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $98M |
| Minority Interest | $0 |
| TOTAL EQUITY | $98M |
| TOTAL LIABILITIES & EQUITY | $115M |
| Total Debt | $0 |
| Net Debt | -$57M |
