| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $2M | $2M | 3.8% | 2.9% |
| Op. Income | $193.8K | $52.6K | -$834.1K | 268.1% | 123.2% |
| Gross Margin | 67.4% | 64.5% | 67.8% | 2.9pp | -0.5pp |
| Net Margin | 5.8% | 2.1% | -25.6% | 3.8pp | 31.4pp |
| EPS (Diluted) | $0.10 | $0.04 | $-0.43 | 133.3% | 122.3% |
| Free Cash Flow | $773.2K | $105.0K | -$1M | 636.5% | 173.3% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $829.4K |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $9.1K |
| General & Administrative | $796.4K |
| SG&A Expenses | $805.5K |
| Other Expenses | $711.8K |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | $193.8K |
| Interest Income | $2M |
| Interest Expense | $871.3K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $193.8K |
| Income Tax Expense | $45.4K |
| Net Income from Continuing Ops | $148.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $148.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $148.4K |
| D&A | $72.2K |
| EBIT | $193.8K |
| EBITDA | $266.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $829.4K |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $9.1K |
| General & Administrative | $796.4K |
| SG&A Expenses | $805.5K |
| Other Expenses | $711.8K |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | $193.8K |
| Interest Income | $2M |
| Interest Expense | $871.3K |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $193.8K |
| Income Tax Expense | $45.4K |
| Net Income from Continuing Ops | $148.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $148.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $148.4K |
| D&A | $72.2K |
| EBIT | $193.8K |
| EBITDA | $266.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $148.4K |
| Depreciation & Amortization | $72.2K |
| Stock-Based Compensation | $49.4K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$123.5K |
| Change in Working Capital | $702.5K |
| OPERATING CASH FLOW | $849.0K |
| Capital Expenditure | -$75.8K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $13M |
| NET CASH FROM FINANCING | $18M |
| FREE CASH FLOW | $773.2K |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $5M |
| Net Receivables | $582.5K |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $189M |
| Tax Assets | $394.8K |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $229M |
| TOTAL ASSETS | $237M |
| Account Payables | $0 |
| Short-Term Debt | $31.8K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $186M |
| TOTAL CURRENT LIABILITIES | $186M |
| Long-Term Debt | $15M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $19M |
| TOTAL LIABILITIES | $205M |
| Common Stock | $20.9K |
| Additional Paid-In Capital | $7M |
| Retained Earnings | $26M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$576.8K |
| Other Equity | -$725.4K |
| TOTAL STOCKHOLDERS' EQUITY | $32M |
| Minority Interest | $0 |
| TOTAL EQUITY | $32M |
| TOTAL LIABILITIES & EQUITY | $237M |
| Total Debt | $15M |
| Net Debt | $13M |
