| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $52M | $54M | $47M | -3.6% | 9.5% |
| Op. Income | $631.0K | $2M | -$114.0K | -71.0% | 653.5% |
| Gross Margin | 31.6% | 31.0% | 31.1% | 0.6pp | 0.5pp |
| Net Margin | 2.1% | -3.8% | -0.3% | 5.9pp | 2.3pp |
| EPS (Diluted) | $0.09 | $-0.15 | $-0.01 | 158.1% | 1124.7% |
| Free Cash Flow | -$745.0K | $4M | $6M | -118.4% | -111.9% |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $178.0K |
| Operating Expenses | $16M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $631.0K |
| Interest Income | $205.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $889.0K |
| 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 | $965.0K |
| EBIT | $809.0K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $16M |
| Other Expenses | $178.0K |
| Operating Expenses | $16M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $631.0K |
| Interest Income | $205.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $889.0K |
| 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 | $965.0K |
| EBIT | $809.0K |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $965.0K |
| Stock-Based Compensation | $319.0K |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $74.0K |
| Capital Expenditure | -$819.0K |
| Acquisitions (Net) | -$158.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$977.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$852.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$839.0K |
| FREE CASH FLOW | -$745.0K |
| Net Change in Cash | -$774.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $0 |
| Net Receivables | $24M |
| Inventory | $103M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $166M |
| PP&E (Net) | $21M |
| Goodwill | $0 |
| Intangible Assets | $345.0K |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $228.0K |
| TOTAL NON-CURRENT ASSETS | $30M |
| TOTAL ASSETS | $196M |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $593.0K |
| TOTAL CURRENT LIABILITIES | $37M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $81.0K |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $39M |
| Common Stock | $720.0K |
| Additional Paid-In Capital | $74M |
| Retained Earnings | $79M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $157M |
| Minority Interest | $0 |
| TOTAL EQUITY | $157M |
| TOTAL LIABILITIES & EQUITY | $196M |
| Total Debt | $2M |
| Net Debt | -$34M |
