| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18.1K | $70.6K | $36.0K | -74.3% | -49.6% |
| Op. Income | -$2M | -$2M | -$3M | -44.7% | 6.5% |
| Gross Margin | -2405.7% | 67.6% | 64.8% | -2473.4pp | -2470.5pp |
| Net Margin | -12542.3% | -2239.7% | -6794.9% | -10302.6pp | -5747.5pp |
| EPS (Diluted) | $-0.13 | $-0.10 | $-0.23 | -30.0% | 43.5% |
| Free Cash Flow | -$1M | -$917.2K | -$673.2K | -59.9% | -117.8% |
| Item | Amount |
|---|---|
| REVENUE | $18.1K |
| Cost of Revenue | $454.8K |
| GROSS PROFIT | -$436.6K |
| R&D Expenses | $226.5K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$2M |
| Interest Income | $2.3K |
| Interest Expense | $0 |
| Other Income/Expenses | $69.3K |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| 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 | $5.5K |
| EBIT | -$2M |
| EBITDA | -$2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $5.5K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$46.8K |
| Change in Working Capital | -$231.4K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$3 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $14M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | $158.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $590.1K |
| Short-Term Investments | $4M |
| Net Receivables | $7.9K |
| Inventory | $160.2K |
| Other Current Assets | $296.6K |
| TOTAL CURRENT ASSETS | $5M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $308.6K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $308.6K |
| TOTAL ASSETS | $5M |
| Account Payables | $67.5K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $84.0K |
| TOTAL CURRENT LIABILITIES | $357.5K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $357.5K |
| Common Stock | $18.2K |
| Additional Paid-In Capital | $95M |
| Retained Earnings | -$90M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$631 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5M |
| Minority Interest | $0 |
| TOTAL EQUITY | $5M |
| TOTAL LIABILITIES & EQUITY | $5M |
| Total Debt | $0 |
| Net Debt | -$590.1K |
