| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $890.0K | $177.0K | $26.0K | 402.8% | 3323.1% |
| Op. Income | -$3M | -$2M | -$3M | -40.7% | -18.0% |
| Gross Margin | 21.8% | -131.1% | -200.0% | 152.9pp | 221.8pp |
| Net Margin | -352.8% | -418.6% | -9130.8% | 65.8pp | 8778.0pp |
| EPS (Diluted) | $-0.06 | $-0.02 | $-0.08 | -223.8% | 26.3% |
| Free Cash Flow | -$2M | -$2M | -$2M | -10.3% | 16.7% |
| Item | Amount |
|---|---|
| REVENUE | $890.0K |
| Cost of Revenue | $696.0K |
| GROSS PROFIT | $194.0K |
| R&D Expenses | $462.0K |
| Selling & Marketing | $421.0K |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | -$82.0K |
| Operating Expenses | $3M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $8.0K |
| Other Income/Expenses | $6.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $1.0K |
| 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 | $9.0K |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $9.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$43.0K |
| Change in Working Capital | -$24.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$5.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$350.0K |
| Sales/Maturities of Investments | $304.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$51.0K |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $41.0K |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $436.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $585.0K |
| Short-Term Investments | $506.0K |
| Net Receivables | $495.0K |
| Inventory | $0 |
| Other Current Assets | $509.0K |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $56.0K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $56.0K |
| TOTAL ASSETS | $2M |
| Account Payables | $0 |
| Short-Term Debt | $350.0K |
| Deferred Revenue | $389.0K |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $220.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $71.0K |
| TOTAL NON-CURRENT LIABILITIES | $291.0K |
| TOTAL LIABILITIES | $5M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $102M |
| Retained Earnings | -$104M |
| Treasury Stock | -$529.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$3M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$3M |
| TOTAL LIABILITIES & EQUITY | $2M |
| Total Debt | $570.0K |
| Net Debt | -$15.0K |
