| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $883.0K | $1M | — | -29.2% | — |
| Op. Income | -$5M | -$4M | — | -22.3% | — |
| Gross Margin | -13.9% | 58.9% | — | -72.8pp | — |
| Net Margin | -774.5% | -358.6% | — | -415.9pp | — |
| EPS (Diluted) | $-1.60 | $-1.10 | — | -45.5% | — |
| Free Cash Flow | -$22M | -$247.0K | -$4M | -8613.8% | -411.7% |
| Item | Amount |
|---|---|
| REVENUE | $883.0K |
| Cost of Revenue | $1M |
| GROSS PROFIT | -$123.0K |
| R&D Expenses | $6.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $527.5K |
| Operating Expenses | $5M |
| Cost & Expenses | $6M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | -$157.0K |
| Net Income from Continuing Ops | -$7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $1M |
| EBIT | -$5M |
| EBITDA | -$4M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $431.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$18M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | -$22M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$920.0K |
| NET CASH FROM INVESTING | -$920.0K |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | -$22M |
| Net Change in Cash | $236.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $405.0K |
| Short-Term Investments | $0 |
| Net Receivables | $3M |
| Inventory | $266.0K |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $2M |
| Goodwill | $4M |
| Intangible Assets | $8M |
| Long-Term Investments | $44M |
| Tax Assets | $0 |
| Other Non-Current Assets | $142.0K |
| TOTAL NON-CURRENT ASSETS | $58M |
| TOTAL ASSETS | $66M |
| Account Payables | $42M |
| Short-Term Debt | $7M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $55M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $589.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $59M |
| Common Stock | $29.0K |
| Additional Paid-In Capital | $122M |
| Retained Earnings | -$66M |
| Treasury Stock | -$50M |
| Accum. Other Comp. Income | -$198.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7M |
| Minority Interest | $0 |
| TOTAL EQUITY | $7M |
| TOTAL LIABILITIES & EQUITY | $66M |
| Total Debt | $8M |
| Net Debt | $7M |
