| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19M | $18M | $16M | 2.6% | 15.9% |
| Op. Income | $3M | $2M | $1M | 11.2% | 105.0% |
| Gross Margin | 76.8% | 76.3% | 74.6% | 0.6pp | 2.3pp |
| Net Margin | 19.3% | 18.9% | 13.8% | 0.4pp | 5.5pp |
| EPS (Diluted) | $0.21 | $0.21 | $0.14 | 0.0% | 50.0% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $14M |
| R&D Expenses | $5M |
| Selling & Marketing | $5M |
| General & Administrative | $2M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $251.0K |
| 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 | $169.8K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $14M |
| R&D Expenses | $5M |
| Selling & Marketing | $5M |
| General & Administrative | $2M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $16M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $251.0K |
| 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 | $169.8K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $79M |
| Net Receivables | $20M |
| Inventory | $318.0K |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $133M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $145M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $23M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $31M |
| Common Stock | $809.0K |
| Additional Paid-In Capital | $167M |
| Retained Earnings | -$51M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $114M |
| Minority Interest | $0 |
| TOTAL EQUITY | $114M |
| TOTAL LIABILITIES & EQUITY | $145M |
| Total Debt | $3M |
| Net Debt | -$27M |
