| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26M | $28M | $21M | -7.9% | 20.0% |
| Op. Income | $3M | $767.9K | $2M | 258.5% | 73.0% |
| Gross Margin | 29.0% | 7.7% | 26.9% | 21.3pp | 2.1pp |
| Net Margin | 6.4% | 2.9% | 5.4% | 3.5pp | 1.0pp |
| EPS (Diluted) | $0.29 | $0.14 | $0.20 | 107.1% | 45.0% |
| Free Cash Flow | $6M | -$77.9K | -$419.8K | 8180.4% | 1599.4% |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $3M |
| Interest Income | $8 |
| Interest Expense | $65.7K |
| Other Income/Expenses | -$442.1K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $662.7K |
| 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 | $385.4K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $5M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $23M |
| OPERATING INCOME | $3M |
| Interest Income | $8 |
| Interest Expense | $65.7K |
| Other Income/Expenses | -$442.1K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $662.7K |
| 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 | $385.4K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $385.4K |
| Stock-Based Compensation | $4.0K |
| Deferred Income Tax | -$171.0K |
| Other Non-Cash Items | -$330.3K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$314.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$850.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $467.8K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $19M |
| Other Current Assets | $452.6K |
| TOTAL CURRENT ASSETS | $34M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $443.1K |
| Long-Term Investments | $889.7K |
| Tax Assets | $400.9K |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $8M |
| TOTAL ASSETS | $41M |
| Account Payables | $6M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $968.1K |
| TOTAL CURRENT LIABILITIES | $11M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $133.6K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $12M |
| Common Stock | $6.6K |
| Additional Paid-In Capital | $19M |
| Retained Earnings | $14M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29M |
| Minority Interest | $0 |
| TOTAL EQUITY | $29M |
| TOTAL LIABILITIES & EQUITY | $41M |
| Total Debt | $5M |
| Net Debt | $2M |
