| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23M | $23M | $21M | -0.3% | 7.4% |
| Op. Income | $5M | $5M | $5M | 0.5% | 10.1% |
| Gross Margin | 70.6% | 71.4% | 72.6% | -0.8pp | -2.0pp |
| Net Margin | 17.0% | 17.6% | 17.0% | -0.5pp | 0.1pp |
| EPS (Diluted) | $0.63 | $0.64 | $0.55 | -1.6% | 14.5% |
| Free Cash Flow | $6M | $12M | $6M | -51.8% | 3.9% |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $122.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | -$967.0K |
| Operating Expenses | $11M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $5M |
| Interest Income | $19M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| 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 | -$834.0K |
| EBIT | $5M |
| EBITDA | $4M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $23M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $122.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | -$967.0K |
| Operating Expenses | $11M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $5M |
| Interest Income | $19M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| 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 | -$834.0K |
| EBIT | $5M |
| EBITDA | $4M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$63M |
| NET CASH FROM INVESTING | -$63M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$977.0K |
| Other Financing Activities | $45M |
| NET CASH FROM FINANCING | $41M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $72M |
| Short-Term Investments | $8M |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | -$5M |
| TOTAL CURRENT ASSETS | $79M |
| PP&E (Net) | $22M |
| Goodwill | $27M |
| Intangible Assets | $15M |
| Long-Term Investments | $1.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $236M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $2M |
| Short-Term Debt | $9M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $22M |
| Long-Term Debt | $65M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $61M |
| Additional Paid-In Capital | $15M |
| Retained Earnings | $126M |
| Treasury Stock | -$40M |
| Accum. Other Comp. Income | -$21M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $141M |
| Minority Interest | $0 |
| TOTAL EQUITY | $141M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $74M |
| Net Debt | $3M |
