| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $9M | $9M | -11.6% | -8.6% |
| Op. Income | -$330.4K | $737.8K | -$9M | -144.8% | 96.5% |
| Gross Margin | 48.6% | 50.3% | 41.0% | -1.8pp | 7.6pp |
| Net Margin | 1.8% | 13.2% | -99.3% | -11.4pp | 101.1pp |
| EPS (Diluted) | $0.01 | $0.07 | $-0.52 | -88.2% | 101.5% |
| Free Cash Flow | $1M | -$999.0K | -$1M | 222.1% | 185.4% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $4M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | $150.7K |
| Operating Expenses | $4M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$330.4K |
| Interest Income | $0 |
| Interest Expense | $1.7K |
| Other Income/Expenses | $478.2K |
| INCOME BEFORE TAX | $147.7K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $147.7K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $147.7K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $147.7K |
| D&A | $150.7K |
| EBIT | $149.4K |
| EBITDA | $300.1K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $147.7K |
| Depreciation & Amortization | $150.7K |
| Stock-Based Compensation | $445.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $90.0K |
| Change in Working Capital | $355.9K |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | $29.7K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $23.8K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$186.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$189.0K |
| NET CASH FROM FINANCING | -$233.3K |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $747.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $51M |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $9.7K |
| TOTAL CURRENT ASSETS | $56M |
| PP&E (Net) | $37.4K |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $58M |
| Account Payables | $1M |
| Short-Term Debt | $18.9K |
| Deferred Revenue | $4M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $8M |
| Common Stock | $1.8K |
| Additional Paid-In Capital | $155M |
| Retained Earnings | -$103M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$50.3K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $50M |
| Minority Interest | $0 |
| TOTAL EQUITY | $50M |
| TOTAL LIABILITIES & EQUITY | $58M |
| Total Debt | $18.9K |
| Net Debt | -$51M |
