| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $245.1K | 7.2% | 469.8% |
| Op. Income | -$35.9K | -$98.4K | -$22.5K | 63.5% | -59.2% |
| Gross Margin | 13.9% | 10.1% | 99.5% | 3.8pp | -85.6pp |
| Net Margin | -29.3% | -16.0% | -13.0% | -13.3pp | -16.3pp |
| EPS (Diluted) | $-0.03 | $-0.01 | $-0.00 | -105.7% | -1271.4% |
| Free Cash Flow | $1.0K | $21.9K | -$211.1K | -95.3% | 100.5% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $194.7K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $201.4K |
| SG&A Expenses | $201.4K |
| Other Expenses | $29.2K |
| Operating Expenses | $230.6K |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$35.9K |
| Interest Income | $36.1K |
| Interest Expense | $0 |
| Other Income/Expenses | -$373.6K |
| INCOME BEFORE TAX | -$409.5K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$409.5K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$409.5K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$409.5K |
| D&A | $35.0K |
| EBIT | -$409.5K |
| EBITDA | -$374.5K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$409.5K |
| Depreciation & Amortization | $35.4K |
| Stock-Based Compensation | $6.9K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $497.8K |
| Change in Working Capital | -$84.5K |
| OPERATING CASH FLOW | $46.0K |
| Capital Expenditure | -$45.0K |
| Acquisitions (Net) | -$2.6K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$45.7K |
| NET CASH FROM INVESTING | -$48.3K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$37.9K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$37.9K |
| FREE CASH FLOW | $1.0K |
| Net Change in Cash | -$40.1K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $133.1K |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2M |
| PP&E (Net) | $301.8K |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $10M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $17M |
| Account Payables | $2M |
| Short-Term Debt | $37.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $285.9K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $682.9K |
| TOTAL NON-CURRENT LIABILITIES | $991.3K |
| TOTAL LIABILITIES | $3M |
| Common Stock | $1.5K |
| Additional Paid-In Capital | $11M |
| Retained Earnings | $504.7K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$112.2K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14M |
| Minority Interest | $0 |
| TOTAL EQUITY | $14M |
| TOTAL LIABILITIES & EQUITY | $17M |
| Total Debt | $345.4K |
| Net Debt | $212.3K |
