| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $93M | $89M | $95M | 5.1% | -1.5% |
| Op. Income | $7M | $2M | $4M | 284.2% | 67.9% |
| Gross Margin | 40.9% | 39.9% | 42.4% | 1.0pp | -1.5pp |
| Net Margin | 3.2% | 0.5% | 3.3% | 2.7pp | -0.1pp |
| EPS (Diluted) | $8.80 | $-0.86 | $-0.27 | 1123.3% | 3359.3% |
| Free Cash Flow | $3M | $9M | -$15M | -68.6% | 119.2% |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $38M |
| R&D Expenses | $7M |
| Selling & Marketing | $14M |
| General & Administrative | $10M |
| SG&A Expenses | $24M |
| Other Expenses | $528.0K |
| Operating Expenses | $32M |
| Cost & Expenses | $87M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $1M |
| 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 | $50M |
| D&A | $7M |
| EBIT | $7M |
| EBITDA | $13M |
| EPS | $9 |
| EPS Diluted | $9 |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $38M |
| R&D Expenses | $7M |
| Selling & Marketing | $14M |
| General & Administrative | $10M |
| SG&A Expenses | $24M |
| Other Expenses | $528.0K |
| Operating Expenses | $32M |
| Cost & Expenses | $87M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $1M |
| 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 | $50M |
| D&A | $7M |
| EBIT | $7M |
| EBITDA | $13M |
| EPS | $9 |
| EPS Diluted | $9 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | -$206.0K |
| Deferred Income Tax | $298.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$307.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$459.0K |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $0 |
| Net Receivables | $57M |
| Inventory | $0 |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $96M |
| PP&E (Net) | $52M |
| Goodwill | $249M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $311M |
| TOTAL ASSETS | $408M |
| Account Payables | $17M |
| Short-Term Debt | $9M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $90M |
| TOTAL CURRENT LIABILITIES | $123M |
| Long-Term Debt | $39M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $84M |
| TOTAL LIABILITIES | $207M |
| Common Stock | $15.0K |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | -$1.4B |
| Treasury Stock | -$230M |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $201M |
| Minority Interest | $0 |
| TOTAL EQUITY | $201M |
| TOTAL LIABILITIES & EQUITY | $408M |
| Total Debt | $54M |
| Net Debt | $31M |
