| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19M | $33M | $17M | -42.2% | 15.7% |
| Op. Income | $2M | $411.8K | $1M | 337.9% | 36.2% |
| Gross Margin | 31.6% | 26.2% | 30.4% | 5.4pp | 1.3pp |
| Net Margin | 5.6% | 1.0% | 7.0% | 4.7pp | -1.4pp |
| EPS (Diluted) | $0.04 | $0.01 | $0.04 | 230.5% | -7.0% |
| Free Cash Flow | $79.1K | $2M | $660.7K | -95.2% | -88.0% |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | -$1M |
| Operating Expenses | $4M |
| Cost & Expenses | $17M |
| OPERATING INCOME | $2M |
| Interest Income | $15.7K |
| Interest Expense | $25.9K |
| Other Income/Expenses | $48.6K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $768.1K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $185.2K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $6M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | -$1M |
| Operating Expenses | $4M |
| Cost & Expenses | $17M |
| OPERATING INCOME | $2M |
| Interest Income | $15.7K |
| Interest Expense | $25.9K |
| Other Income/Expenses | $48.6K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $768.1K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $185.2K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $185.2K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $208.8K |
| Other Non-Cash Items | $198.9K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $87.3K |
| Capital Expenditure | -$8.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5.2K |
| NET CASH FROM INVESTING | -$8.2K |
| Net Debt Issuance | -$394.7K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$69.2K |
| NET CASH FROM FINANCING | -$463.9K |
| FREE CASH FLOW | $79.1K |
| Net Change in Cash | -$384.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $31.8K |
| Net Receivables | $3M |
| Inventory | $130.0K |
| Other Current Assets | $362.7K |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $5M |
| Goodwill | $175.4K |
| Intangible Assets | $175.3K |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $30M |
| Account Payables | $715.7K |
| Short-Term Debt | $6M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $983.0K |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $478.7K |
| Deferred Revenue NC | $90.9K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $192.2K |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $22M |
| Common Stock | $504.3K |
| Additional Paid-In Capital | $5M |
| Retained Earnings | $3M |
| Treasury Stock | -$626.6K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8M |
| Minority Interest | $0 |
| TOTAL EQUITY | $8M |
| TOTAL LIABILITIES & EQUITY | $30M |
| Total Debt | $11M |
| Net Debt | -$5M |
