| Metric | Q3 2026 | Q2 2026 | Q3 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $7M | $8M | 10.6% | -4.4% |
| Op. Income | $82.0K | -$479.0K | -$700.0K | 117.1% | 111.7% |
| Gross Margin | 34.0% | 23.6% | 15.6% | 10.4pp | 18.4pp |
| Net Margin | -2.1% | -9.7% | -10.7% | 7.6pp | 8.7pp |
| EPS (Diluted) | $-0.02 | $-0.09 | $-0.11 | 76.5% | 81.8% |
| Free Cash Flow | -$1M | -$544.0K | -$3M | -134.9% | 53.2% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $242.0K |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $1M |
| Operating Expenses | $2M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $82.0K |
| Interest Income | $6.0K |
| Interest Expense | $249.0K |
| Other Income/Expenses | -$237.0K |
| INCOME BEFORE TAX | -$155.0K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$155.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$155.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$155.0K |
| D&A | $0 |
| EBIT | $82.0K |
| EBITDA | $82.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$155.0K |
| Depreciation & Amortization | $345.0K |
| Stock-Based Compensation | $35.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$156.0K |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$38.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$98.0K |
| NET CASH FROM INVESTING | -$136.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $641.0K |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $4M |
| Other Current Assets | $494.0K |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $10M |
| Goodwill | $576.0K |
| Intangible Assets | $190.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $647.0K |
| TOTAL NON-CURRENT ASSETS | $12M |
| TOTAL ASSETS | $21M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $103.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $9M |
| Deferred Revenue NC | $497.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $15M |
| Common Stock | $8.0K |
| Additional Paid-In Capital | $13M |
| Retained Earnings | -$7M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6M |
| Minority Interest | $0 |
| TOTAL EQUITY | $6M |
| TOTAL LIABILITIES & EQUITY | $21M |
| Total Debt | $9M |
| Net Debt | $9M |
