| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $23M | $20M | 1.3% | 19.6% |
| Op. Income | $2M | $5M | $371.0K | -65.0% | 331.3% |
| Gross Margin | 94.7% | 84.3% | 82.3% | 10.4pp | 12.4pp |
| Net Margin | 12.0% | 18.3% | 4.4% | -6.2pp | 7.6pp |
| EPS (Diluted) | $0.20 | $0.29 | $-0.43 | -31.0% | 146.5% |
| Free Cash Flow | $7M | $7M | $4M | -9.9% | 49.4% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $10M |
| SG&A Expenses | $15M |
| Other Expenses | $5M |
| Operating Expenses | $21M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $2M |
| Interest Income | $387.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $387.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$828.0K |
| 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 | $5M |
| EBIT | $875.0K |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $10M |
| SG&A Expenses | $15M |
| Other Expenses | $5M |
| Operating Expenses | $21M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $2M |
| Interest Income | $387.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $387.0K |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$828.0K |
| 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 | $5M |
| EBIT | $875.0K |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $479.0K |
| Change in Working Capital | $364.0K |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$124.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$262.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $0 |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $57M |
| PP&E (Net) | $3M |
| Goodwill | $5M |
| Intangible Assets | $39M |
| Long-Term Investments | $880.0K |
| Tax Assets | $7M |
| Other Non-Current Assets | $69.0K |
| TOTAL NON-CURRENT ASSETS | $55M |
| TOTAL ASSETS | $112M |
| Account Payables | $2M |
| Short-Term Debt | $396.0K |
| Deferred Revenue | $1M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $820.0K |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $11M |
| Common Stock | $14.0K |
| Additional Paid-In Capital | $89M |
| Retained Earnings | $12M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $101M |
| Minority Interest | $0 |
| TOTAL EQUITY | $101M |
| TOTAL LIABILITIES & EQUITY | $112M |
| Total Debt | $3M |
| Net Debt | -$41M |
