| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $10M | $11M | -3.4% | -11.4% |
| Op. Income | -$495.0K | -$333.0K | -$275.0K | -48.6% | -80.0% |
| Gross Margin | 73.7% | 73.9% | 74.1% | -0.2pp | -0.4pp |
| Net Margin | -4.5% | 0.2% | 0.3% | -4.7pp | -4.9pp |
| EPS (Diluted) | $-0.04 | $0.00 | $0.00 | -2984.6% | -1350.0% |
| Free Cash Flow | $70.0K | -$6M | -$443.0K | 101.2% | 115.8% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $4M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$495.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $206.0K |
| INCOME BEFORE TAX | -$289.0K |
| Income Tax Expense | $142.0K |
| Net Income from Continuing Ops | -$431.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$431.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$431.0K |
| D&A | $28.0K |
| EBIT | -$289.0K |
| EBITDA | -$261.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$431.0K |
| Depreciation & Amortization | $28.0K |
| Stock-Based Compensation | $35.0K |
| Deferred Income Tax | $142.0K |
| Other Non-Cash Items | $176.0K |
| Change in Working Capital | $163.0K |
| OPERATING CASH FLOW | $113.0K |
| Capital Expenditure | -$43.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $70.0K |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $18M |
| Net Receivables | $0 |
| Inventory | $2M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $38M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $35.0K |
| Tax Assets | $246.0K |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $42M |
| Account Payables | $1M |
| Short-Term Debt | $991.0K |
| Deferred Revenue | $6M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $173.0K |
| Other Non-Current Liabilities | -$1M |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $16M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $85M |
| Retained Earnings | -$34M |
| Treasury Stock | -$24M |
| Accum. Other Comp. Income | -$925.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26M |
| Minority Interest | $0 |
| TOTAL EQUITY | $26M |
| TOTAL LIABILITIES & EQUITY | $42M |
| Total Debt | $3M |
| Net Debt | -$11M |
