| Metric | Q1 2026 | Q4 2025 | Q1 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4M | $3M | $3M | 32.0% | 27.1% |
| Op. Income | -$46.0K | -$439.2K | -$637.1K | 89.5% | 92.8% |
| Gross Margin | 40.0% | 36.0% | 36.6% | 4.0pp | 3.4pp |
| Net Margin | 6.0% | -7.5% | -13.1% | 13.5pp | 19.1pp |
| EPS (Diluted) | $0.03 | $-0.02 | $-0.05 | 203.2% | 156.8% |
| Free Cash Flow | $761.5K | -$541.8K | -$155.6K | 240.5% | 589.3% |
| Item | Amount |
|---|---|
| REVENUE | $4M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$46.0K |
| Interest Income | $293.1K |
| Interest Expense | $599 |
| Other Income/Expenses | $292.5K |
| INCOME BEFORE TAX | $246.5K |
| Income Tax Expense | $2.8K |
| Net Income from Continuing Ops | $243.7K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $243.7K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $243.7K |
| D&A | $70.1K |
| EBIT | $247.1K |
| EBITDA | $317.2K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $243.7K |
| Depreciation & Amortization | $70.1K |
| Stock-Based Compensation | $1.5K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$94.1K |
| Change in Working Capital | $541.5K |
| OPERATING CASH FLOW | $762.6K |
| Capital Expenditure | -$1.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$999.7K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$51.3K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$2.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2.4K |
| FREE CASH FLOW | $761.5K |
| Net Change in Cash | -$291.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $14M |
| Net Receivables | $1M |
| Inventory | $5M |
| Other Current Assets | $465.3K |
| TOTAL CURRENT ASSETS | $23M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $38M |
| Account Payables | $978.5K |
| Short-Term Debt | $0 |
| Deferred Revenue | $247.9K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $135.8K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $7M |
| Common Stock | $47.3K |
| Additional Paid-In Capital | $14M |
| Retained Earnings | $17M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31M |
| Minority Interest | $0 |
| TOTAL EQUITY | $31M |
| TOTAL LIABILITIES & EQUITY | $38M |
| Total Debt | $3M |
| Net Debt | -$6.7K |
