| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | $6M | $7M | 4.0% | -6.1% |
| Op. Income | $4M | $4M | $4M | -3.3% | -16.8% |
| Gross Margin | 78.3% | 80.6% | 86.0% | -2.3pp | -7.7pp |
| Net Margin | 52.2% | 58.6% | 59.6% | -6.4pp | -7.4pp |
| EPS (Diluted) | $0.68 | $0.74 | $0.83 | -8.1% | -18.1% |
| Free Cash Flow | $3M | $4M | $2M | -34.1% | 41.5% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $5M |
| R&D Expenses | $873.5K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $436.9K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $4M |
| Interest Income | $484.3K |
| Interest Expense | $0 |
| Other Income/Expenses | $487.4K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $834.7K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $89.1K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $5M |
| R&D Expenses | $873.5K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $436.9K |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $3M |
| OPERATING INCOME | $4M |
| Interest Income | $484.3K |
| Interest Expense | $0 |
| Other Income/Expenses | $487.4K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $834.7K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $89.1K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $89.1K |
| Stock-Based Compensation | $66.3K |
| Deferred Income Tax | $745.9K |
| Other Non-Cash Items | $22.6K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$70.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $13M |
| Net Receivables | $2M |
| Inventory | $7M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $29M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $28M |
| Tax Assets | $1M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $33M |
| TOTAL ASSETS | $61M |
| Account Payables | $229.5K |
| Short-Term Debt | $155.8K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $970.7K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $806.5K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $48.4K |
| Additional Paid-In Capital | $20M |
| Retained Earnings | $40M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $90.2K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $60M |
| Minority Interest | $0 |
| TOTAL EQUITY | $60M |
| TOTAL LIABILITIES & EQUITY | $61M |
| Total Debt | $962.3K |
| Net Debt | -$4M |
