| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $63M | $56M | $58M | 13.9% | 9.5% |
| Op. Income | $3M | $3M | $625.0K | 22.7% | 407.3% |
| Gross Margin | 62.5% | 66.9% | 58.7% | -4.4pp | 3.8pp |
| Net Margin | 5.3% | 5.1% | 0.8% | 0.1pp | 4.5pp |
| EPS (Diluted) | $0.36 | $0.32 | $0.05 | 12.5% | 634.7% |
| Free Cash Flow | $6M | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $40M |
| R&D Expenses | $3M |
| Selling & Marketing | $27M |
| General & Administrative | $5M |
| SG&A Expenses | $32M |
| Other Expenses | $2M |
| Operating Expenses | $36M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $3M |
| Interest Income | $1.0K |
| Interest Expense | $4.0K |
| Other Income/Expenses | $198.9K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $46.2K |
| 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 | $323.4K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $40M |
| R&D Expenses | $3M |
| Selling & Marketing | $27M |
| General & Administrative | $5M |
| SG&A Expenses | $32M |
| Other Expenses | $2M |
| Operating Expenses | $36M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $3M |
| Interest Income | $1.0K |
| Interest Expense | $4.0K |
| Other Income/Expenses | $198.9K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $46.2K |
| 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 | $323.4K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $5.0K |
| Deferred Income Tax | -$107.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$42.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $54.0K |
| NET CASH FROM INVESTING | $12.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$724.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$724.0K |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $5M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $34M |
| PP&E (Net) | $7M |
| Goodwill | $28M |
| Intangible Assets | $2M |
| Long-Term Investments | $77.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $434.0K |
| TOTAL NON-CURRENT ASSETS | $38M |
| TOTAL ASSETS | $72M |
| Account Payables | $12M |
| Short-Term Debt | $4M |
| Deferred Revenue | $9M |
| Other Current Liabilities | $49M |
| TOTAL CURRENT LIABILITIES | $74M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $107.0K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $76M |
| Common Stock | $17.0K |
| Additional Paid-In Capital | $281M |
| Retained Earnings | -$254M |
| Treasury Stock | -$29M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$4M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$4M |
| TOTAL LIABILITIES & EQUITY | $72M |
| Total Debt | $5M |
| Net Debt | -$21M |
