| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15M | $15M | $13M | -1.1% | 14.8% |
| Op. Income | $3M | $4M | $2M | -8.0% | 58.5% |
| Gross Margin | 59.6% | 62.0% | 56.9% | -2.4pp | 2.7pp |
| Net Margin | 16.9% | 18.1% | 13.3% | -1.2pp | 3.6pp |
| EPS (Diluted) | $0.40 | $0.43 | $0.27 | -7.0% | 48.1% |
| Free Cash Flow | $2M | $2M | $2M | -3.0% | 43.0% |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $114.0K |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | $2M |
| Operating Expenses | $5M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $3M |
| Interest Income | $14M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| 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 | $233.0K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $15M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $9M |
| R&D Expenses | $0 |
| Selling & Marketing | $114.0K |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | $2M |
| Operating Expenses | $5M |
| Cost & Expenses | $11M |
| OPERATING INCOME | $3M |
| Interest Income | $14M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3M |
| 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 | $233.0K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $233.0K |
| Stock-Based Compensation | $203.0K |
| Deferred Income Tax | -$244.0K |
| Other Non-Cash Items | -$80.0K |
| Change in Working Capital | -$327.0K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$45.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | -$35M |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | -$349.0K |
| Common Dividends Paid | -$378.0K |
| Other Financing Activities | -$38M |
| NET CASH FROM FINANCING | -$36M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$66M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $18M |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $30M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $909M |
| Tax Assets | $0 |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $957M |
| TOTAL ASSETS | $987M |
| Account Payables | $748.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $820M |
| TOTAL CURRENT LIABILITIES | $821M |
| Long-Term Debt | $36M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $50M |
| TOTAL LIABILITIES | $871M |
| Common Stock | $71.0K |
| Additional Paid-In Capital | $64M |
| Retained Earnings | $65M |
| Treasury Stock | -$8M |
| Accum. Other Comp. Income | -$810.0K |
| Other Equity | -$3M |
| TOTAL STOCKHOLDERS' EQUITY | $116M |
| Minority Interest | $0 |
| TOTAL EQUITY | $116M |
| TOTAL LIABILITIES & EQUITY | $987M |
| Total Debt | $36M |
| Net Debt | $29M |
