| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $55M | $58M | $49M | -5.7% | 12.6% |
| Op. Income | $2M | $4M | $3M | -47.0% | -26.2% |
| Gross Margin | 79.9% | 81.0% | 79.5% | -1.1pp | 0.4pp |
| Net Margin | 3.6% | 5.9% | 2.7% | -2.4pp | 0.9pp |
| EPS (Diluted) | $0.15 | $0.26 | $0.10 | -42.3% | 50.0% |
| Free Cash Flow | $835.0K | $2M | $2M | -56.0% | -63.8% |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $23M |
| Operating Expenses | $42M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $2M |
| Interest Income | $111.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $248.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $437.0K |
| 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 | $750.0K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $55M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $44M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $23M |
| Operating Expenses | $42M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $2M |
| Interest Income | $111.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $248.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $437.0K |
| 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 | $750.0K |
| EBIT | $2M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $750.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $917.0K |
| Other Non-Cash Items | $380.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$199.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$199.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$562.0K |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $835.0K |
| Net Change in Cash | -$2M |
| 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 |
