| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $363.1K | $474.6K | $446.6K | -23.5% | -18.7% |
| Op. Income | -$1M | -$684.5K | -$1M | -72.6% | 15.5% |
| Gross Margin | 83.4% | 2.2% | -59.9% | 81.2pp | 143.3pp |
| Net Margin | -460.1% | -69.1% | -212.7% | -391.0pp | -247.4pp |
| EPS (Diluted) | $-0.46 | $-0.09 | $-0.32 | -391.5% | -43.8% |
| Free Cash Flow | -$745.2K | $407.0K | $1M | -283.1% | -155.1% |
| Item | Amount |
|---|---|
| REVENUE | $363.1K |
| Cost of Revenue | $60.3K |
| GROSS PROFIT | $302.8K |
| R&D Expenses | $0 |
| Selling & Marketing | -$62.0K |
| General & Administrative | $1M |
| SG&A Expenses | $990.0K |
| Other Expenses | $494.5K |
| Operating Expenses | $1M |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$1M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $171.1K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $12.4K |
| EBIT | -$1M |
| EBITDA | -$998.2K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $12.4K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$507.7K |
| OPERATING CASH FLOW | -$745.2K |
| Capital Expenditure | $4 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$745.2K |
| Net Change in Cash | -$343.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $0 |
| Net Receivables | $254.7K |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $18M |
| PP&E (Net) | $95.8K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $49.1K |
| TOTAL NON-CURRENT ASSETS | $144.9K |
| TOTAL ASSETS | $18M |
| Account Payables | $904.8K |
| Short-Term Debt | $0 |
| Deferred Revenue | $65.8K |
| Other Current Liabilities | $233.6K |
| TOTAL CURRENT LIABILITIES | $7M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $43.3K |
| TOTAL LIABILITIES | $7M |
| Common Stock | $105M |
| Additional Paid-In Capital | $2M |
| Retained Earnings | -$94M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$395.1K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14M |
| Minority Interest | -$2M |
| TOTAL EQUITY | $11M |
| TOTAL LIABILITIES & EQUITY | $18M |
| Total Debt | $95.8K |
| Net Debt | -$15M |
