| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $3M | $3M | 1.0% | 0.8% |
| Op. Income | $728.4K | $828.9K | $873.1K | -12.1% | -16.6% |
| Gross Margin | 61.6% | 63.1% | 63.9% | -1.5pp | -2.4pp |
| Net Margin | 15.4% | 20.8% | 36.9% | -5.4pp | -21.5pp |
| EPS (Diluted) | $0.04 | $0.06 | $0.10 | -25.5% | -56.8% |
| Free Cash Flow | $941.1K | $1M | $1M | -32.2% | -8.1% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $2M |
| R&D Expenses | $22.3K |
| Selling & Marketing | $0 |
| General & Administrative | $826.2K |
| SG&A Expenses | $826.2K |
| Other Expenses | $409.3K |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | $728.4K |
| Interest Income | $0 |
| Interest Expense | $209.1K |
| Other Income/Expenses | -$232.2K |
| INCOME BEFORE TAX | $496.3K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $496.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $496.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $485.4K |
| D&A | $409.3K |
| EBIT | $705.4K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $2M |
| R&D Expenses | $22.3K |
| Selling & Marketing | $0 |
| General & Administrative | $826.2K |
| SG&A Expenses | $826.2K |
| Other Expenses | $409.3K |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | $728.4K |
| Interest Income | $0 |
| Interest Expense | $209.1K |
| Other Income/Expenses | -$232.2K |
| INCOME BEFORE TAX | $496.3K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $496.3K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $496.3K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $485.4K |
| D&A | $409.3K |
| EBIT | $705.4K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $496.3K |
| Depreciation & Amortization | $409.3K |
| Stock-Based Compensation | $70.9K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $128.0K |
| Change in Working Capital | -$61.9K |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$101.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$101.5K |
| Net Debt Issuance | -$152.1K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$823.7K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$975.8K |
| FREE CASH FLOW | $941.1K |
| Net Change in Cash | -$34.8K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $119.5K |
| Inventory | $0 |
| Other Current Assets | $87.1K |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $0 |
| Goodwill | $694.1K |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $54M |
| TOTAL NON-CURRENT ASSETS | $57M |
| TOTAL ASSETS | $65M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $16M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $16M |
| TOTAL LIABILITIES | $18M |
| Common Stock | $113.4K |
| Additional Paid-In Capital | $50M |
| Retained Earnings | -$3M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $47M |
| Minority Interest | $0 |
| TOTAL EQUITY | $47M |
| TOTAL LIABILITIES & EQUITY | $65M |
| Total Debt | $16M |
| Net Debt | $8M |
