| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $58M | $68M | — | -13.8% | — |
| Op. Income | $4M | $3M | — | 18.2% | — |
| Gross Margin | 81.0% | 80.5% | — | 0.5pp | — |
| Net Margin | 5.9% | 3.8% | — | 2.2pp | — |
| EPS (Diluted) | $0.26 | $0.19 | — | 36.8% | — |
| Free Cash Flow | $2M | $9M | — | -78.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $58M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $26M |
| Operating Expenses | $43M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $4M |
| Interest Income | $131.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $127.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $710.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $803.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $58M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $26M |
| Operating Expenses | $43M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $4M |
| Interest Income | $131.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $127.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $710.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $803.0K |
| EBIT | $4M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $803.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $367.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$331.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$331.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $1M |
| Common Dividends Paid | -$503.0K |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $874.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $17M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $46M |
| PP&E (Net) | $16M |
| Goodwill | $0 |
| Intangible Assets | $257.0K |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $645.0K |
| TOTAL NON-CURRENT ASSETS | $23M |
| TOTAL ASSETS | $69M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $28M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $206.0K |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $39M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $138M |
| Retained Earnings | -$106M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $30M |
| Minority Interest | $0 |
| TOTAL EQUITY | $30M |
| TOTAL LIABILITIES & EQUITY | $69M |
| Total Debt | $13M |
| Net Debt | -$9M |
