| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28M | $28M | — | -0.2% | — |
| Op. Income | -$635.0K | $1M | — | -145.1% | — |
| Gross Margin | 7.8% | 16.8% | — | -9.0pp | — |
| Net Margin | -1.9% | 4.0% | — | -5.9pp | — |
| EPS (Diluted) | $-0.09 | $0.18 | — | -147.9% | — |
| Free Cash Flow | $3M | $1M | — | 91.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $28M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $2M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $3M |
| Cost & Expenses | $29M |
| OPERATING INCOME | -$635.0K |
| Interest Income | $216.0K |
| Interest Expense | $108.0K |
| Other Income/Expenses | $198.0K |
| INCOME BEFORE TAX | -$437.0K |
| Income Tax Expense | $95.0K |
| Net Income from Continuing Ops | -$532.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$532.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$532.0K |
| D&A | $1M |
| EBIT | -$329.0K |
| EBITDA | $978.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$532.0K |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $518.0K |
| Deferred Income Tax | -$195.0K |
| Other Non-Cash Items | $76.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$590.0K |
| Acquisitions (Net) | $27.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $78.0K |
| NET CASH FROM INVESTING | -$485.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $9M |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $50M |
| PP&E (Net) | $47M |
| Goodwill | $19M |
| Intangible Assets | $102M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $168M |
| TOTAL ASSETS | $218M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $840.0K |
| TOTAL CURRENT LIABILITIES | $18M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $26M |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $38M |
| TOTAL LIABILITIES | $56M |
| Common Stock | $82.0K |
| Additional Paid-In Capital | $75M |
| Retained Earnings | $122M |
| Treasury Stock | -$36M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $162M |
| Minority Interest | $0 |
| TOTAL EQUITY | $162M |
| TOTAL LIABILITIES & EQUITY | $218M |
| Total Debt | $5M |
| Net Debt | -$12M |
