| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29.2K | $25.6K | $22.9K | 13.9% | 27.3% |
| Op. Income | -$5M | -$6M | -$5M | 7.6% | 2.2% |
| Gross Margin | -1762.7% | 86.5% | 94.6% | -1849.2pp | -1857.3pp |
| Net Margin | -17488.0% | -22152.4% | -23131.9% | 4664.4pp | 5643.9pp |
| EPS (Diluted) | $-0.04 | $-0.05 | $-0.04 | 11.7% | 8.7% |
| Free Cash Flow | -$3M | -$4M | -$4M | 19.3% | 25.8% |
| Item | Amount |
|---|---|
| REVENUE | $29.2K |
| Cost of Revenue | $543.3K |
| GROSS PROFIT | -$514.1K |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $5M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$5M |
| Interest Income | $193.3K |
| Interest Expense | $0 |
| Other Income/Expenses | $78.6K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $543.3K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $543.3K |
| Stock-Based Compensation | -$2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $125.2K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | $49.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $14M |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$224.2K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $14M |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $0 |
| Net Receivables | $35.8K |
| Inventory | $0 |
| Other Current Assets | $482.7K |
| TOTAL CURRENT ASSETS | $35M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $9M |
| TOTAL ASSETS | $45M |
| Account Payables | $388.5K |
| Short-Term Debt | $0 |
| Deferred Revenue | $10.7K |
| Other Current Liabilities | $151.1K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $4M |
| Common Stock | $132.7K |
| Additional Paid-In Capital | $207M |
| Retained Earnings | -$166M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$272.3K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $41M |
| Minority Interest | $0 |
| TOTAL EQUITY | $41M |
| TOTAL LIABILITIES & EQUITY | $45M |
| Total Debt | $3M |
| Net Debt | -$32M |
