| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | $25M | $25M | -0.6% | 0.3% |
| Op. Income | $5M | $7M | $5M | -28.1% | -10.1% |
| Gross Margin | 72.6% | 76.4% | 70.9% | -3.8pp | 1.7pp |
| Net Margin | 14.8% | 20.6% | 16.0% | -5.8pp | -1.1pp |
| EPS (Diluted) | $0.67 | $0.94 | $0.72 | -28.7% | -6.9% |
| Free Cash Flow | $4M | $5M | $5M | -18.5% | -6.7% |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $266.0K |
| General & Administrative | $7M |
| SG&A Expenses | $8M |
| Other Expenses | $6M |
| Operating Expenses | $13M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $5M |
| Interest Income | $21M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $735.0K |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $18M |
| R&D Expenses | $0 |
| Selling & Marketing | $266.0K |
| General & Administrative | $7M |
| SG&A Expenses | $8M |
| Other Expenses | $6M |
| Operating Expenses | $13M |
| Cost & Expenses | $20M |
| OPERATING INCOME | $5M |
| Interest Income | $21M |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $735.0K |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $735.0K |
| Stock-Based Compensation | $53.0K |
| Deferred Income Tax | -$475.0K |
| Other Non-Cash Items | $767.0K |
| Change in Working Capital | -$84.0K |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$314.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$26M |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $39M |
| NET CASH FROM FINANCING | $38M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $117M |
| Short-Term Investments | $377M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $494M |
| PP&E (Net) | $18M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $49M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.6B |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $15M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $36M |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $47M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $130M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $2M |
| TOTAL STOCKHOLDERS' EQUITY | $149M |
| Minority Interest | $0 |
| TOTAL EQUITY | $149M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $19M |
| Net Debt | -$98M |
