| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $92M | — | $67M | — | 37.5% |
| Op. Income | $615.9K | — | -$4M | — | 116.8% |
| Gross Margin | 33.8% | — | 33.7% | — | 0.1pp |
| Net Margin | -1.8% | — | -3.0% | — | 1.2pp |
| EPS (Diluted) | $-0.58 | — | $-1.05 | — | 44.9% |
| Item | Amount |
|---|---|
| REVENUE | $92M |
| Cost of Revenue | $61M |
| GROSS PROFIT | $31M |
| R&D Expenses | $18M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $91M |
| OPERATING INCOME | $615.9K |
| Interest Income | $0 |
| Interest Expense | $213.8K |
| Other Income/Expenses | -$949.7K |
| INCOME BEFORE TAX | -$333.8K |
| Income Tax Expense | $1M |
| 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 | $0 |
| EBIT | $615.9K |
| EBITDA | $615.9K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $688.7K |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $41.2K |
| TOTAL CURRENT ASSETS | $32M |
| PP&E (Net) | $22M |
| Goodwill | $0 |
| Intangible Assets | $5M |
| Long-Term Investments | $3M |
| Tax Assets | $3M |
| Other Non-Current Assets | $14.9K |
| TOTAL NON-CURRENT ASSETS | $33M |
| TOTAL ASSETS | $65M |
| Account Payables | $5M |
| Short-Term Debt | $14M |
| Deferred Revenue | $395.5K |
| Other Current Liabilities | $873.0K |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $20M |
| Common Stock | $429 |
| Additional Paid-In Capital | $26M |
| Retained Earnings | $15M |
| Treasury Stock | -$122.5K |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $45M |
| Minority Interest | $403.3K |
| TOTAL EQUITY | $45M |
| TOTAL LIABILITIES & EQUITY | $65M |
| Total Debt | $14M |
| Net Debt | $9M |
