| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $11M | $9M | 1.7% | 19.7% |
| Op. Income | $2M | $2M | $1M | 8.2% | 59.2% |
| Gross Margin | 30.1% | 28.5% | 25.5% | 1.6pp | 4.6pp |
| Net Margin | 9.1% | 13.6% | 10.7% | -4.5pp | -1.7pp |
| EPS (Diluted) | $0.15 | $0.22 | $0.15 | -31.8% | 0.0% |
| Free Cash Flow | $2M | $1M | $525.0K | 10.1% | 189.9% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $2M |
| Interest Income | $35.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$769.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $273.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $129.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $9M |
| OPERATING INCOME | $2M |
| Interest Income | $35.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$769.0K |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $273.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $129.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $129.0K |
| Stock-Based Compensation | $136.0K |
| Deferred Income Tax | -$347.0K |
| Other Non-Cash Items | $808.0K |
| Change in Working Capital | -$188.0K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$41.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$41.0K |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$4.0K |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $14M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $26M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $23.0K |
| TOTAL NON-CURRENT ASSETS | $4M |
| TOTAL ASSETS | $30M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $234.0K |
| Other Current Liabilities | $620.0K |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $6M |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $22M |
| Retained Earnings | $2M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24M |
| Minority Interest | $0 |
| TOTAL EQUITY | $24M |
| TOTAL LIABILITIES & EQUITY | $30M |
| Total Debt | $2M |
| Net Debt | -$5M |
