| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $21M | $19M | 7.0% | 17.0% |
| Op. Income | $7M | $7M | $6M | 3.8% | 22.3% |
| Gross Margin | 75.1% | 77.8% | 76.1% | -2.7pp | -1.1pp |
| Net Margin | 28.4% | 26.3% | 26.5% | 2.1pp | 1.8pp |
| EPS (Diluted) | $0.50 | $0.43 | $0.40 | 16.3% | 25.0% |
| Free Cash Flow | $5M | $6M | $3M | -7.0% | 85.7% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $17M |
| R&D Expenses | $799.0K |
| Selling & Marketing | $5M |
| General & Administrative | $5M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $697.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $1M |
| 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 | $614.0K |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $17M |
| R&D Expenses | $799.0K |
| Selling & Marketing | $5M |
| General & Administrative | $5M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $697.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $1M |
| 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 | $614.0K |
| EBIT | $7M |
| EBITDA | $8M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $380.7K |
| Stock-Based Compensation | $696.2K |
| Deferred Income Tax | $133.5K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$482.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$122.2K |
| NET CASH FROM INVESTING | -$416.4K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $0 |
| Net Receivables | $14M |
| Inventory | $12M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $81M |
| PP&E (Net) | $24M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $94.0K |
| Other Non-Current Assets | $239.0K |
| TOTAL NON-CURRENT ASSETS | $28M |
| TOTAL ASSETS | $109M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $457.0K |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $14M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $30M |
| Retained Earnings | $64M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $95M |
| Minority Interest | $0 |
| TOTAL EQUITY | $95M |
| TOTAL LIABILITIES & EQUITY | $109M |
| Total Debt | $0 |
| Net Debt | -$51M |
