| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10M | $9M | $11M | 2.9% | -10.1% |
| Op. Income | -$635.0K | -$495.0K | -$421.0K | -28.3% | -50.8% |
| Gross Margin | 72.9% | 73.7% | 74.2% | -0.8pp | -1.3pp |
| Net Margin | -6.0% | -4.5% | 1.6% | -1.5pp | -7.7pp |
| EPS (Diluted) | $-0.05 | $-0.04 | $0.02 | -36.3% | -434.0% |
| Free Cash Flow | $178.0K | $70.0K | $68.0K | 154.3% | 161.8% |
| Item | Amount |
|---|---|
| REVENUE | $10M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $4M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $10M |
| OPERATING INCOME | -$635.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $222.0K |
| INCOME BEFORE TAX | -$413.0K |
| Income Tax Expense | $175.0K |
| Net Income from Continuing Ops | -$588.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$588.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$588.0K |
| D&A | $0 |
| EBIT | -$413.0K |
| EBITDA | -$413.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$588.0K |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$37.0K |
| Other Non-Cash Items | $281.0K |
| Change in Working Capital | $527.0K |
| OPERATING CASH FLOW | $183.0K |
| Capital Expenditure | -$5.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $178.0K |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $22M |
| Net Receivables | $0 |
| Inventory | $2M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $34M |
| PP&E (Net) | $2M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $7.0K |
| Tax Assets | $289.0K |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $38M |
| Account Payables | $555.0K |
| Short-Term Debt | $869.0K |
| Deferred Revenue | $6M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $14M |
| Long-Term Debt | $1M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $180.0K |
| Other Non-Current Liabilities | -$1M |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $85M |
| Retained Earnings | -$36M |
| Treasury Stock | -$24M |
| Accum. Other Comp. Income | -$784.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23M |
| Minority Interest | $0 |
| TOTAL EQUITY | $23M |
| TOTAL LIABILITIES & EQUITY | $38M |
| Total Debt | $3M |
| Net Debt | -$4M |
