| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29M | $26M | $32M | 13.6% | -8.1% |
| Op. Income | $2M | -$1M | $887.0K | 239.1% | 126.3% |
| Gross Margin | 75.5% | 70.9% | 74.5% | 4.6pp | 1.0pp |
| Net Margin | 6.6% | -16.8% | -1.0% | 23.4pp | 7.6pp |
| EPS (Diluted) | $1.01 | $-2.27 | $-0.17 | 144.5% | 694.1% |
| Free Cash Flow | $2M | -$4M | $3M | 148.3% | -38.1% |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $104.0K |
| Other Income/Expenses | $507.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $590.0K |
| 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 | $261.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $20M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $104.0K |
| Other Income/Expenses | $507.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $590.0K |
| 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 | $261.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $261.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3.0K |
| Other Non-Cash Items | -$213.0K |
| Change in Working Capital | $443.0K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$548.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$548.0K |
| Net Debt Issuance | -$157.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $84.0K |
| NET CASH FROM FINANCING | -$73.0K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $770.0K |
| Inventory | $11M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $21M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $237.0K |
| Long-Term Investments | $2M |
| Tax Assets | $2M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $34M |
| Account Payables | $4M |
| Short-Term Debt | $2M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $20M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $27M |
| Common Stock | $0 |
| Additional Paid-In Capital | $33M |
| Retained Earnings | -$3M |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $34M |
| Total Debt | $8M |
| Net Debt | $407.0K |
