| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $15M | $15M | 4.0% | 5.8% |
| Op. Income | -$3M | -$3M | -$3M | 2.4% | 1.1% |
| Gross Margin | 31.4% | 31.4% | 28.2% | -0.0pp | 3.2pp |
| Net Margin | -17.9% | -22.2% | -17.8% | 4.3pp | -0.1pp |
| EPS (Diluted) | $-0.49 | $-0.59 | $-0.44 | 16.9% | -11.4% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $5M |
| R&D Expenses | $5M |
| Selling & Marketing | $2M |
| General & Administrative | $1M |
| SG&A Expenses | $3M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $19M |
| OPERATING INCOME | -$3M |
| Interest Income | $514.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $514.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $236.0K |
| 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 | -$3M |
| D&A | $0 |
| EBIT | -$3M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| 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 | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $17M |
| Net Receivables | $16M |
| Inventory | $46M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $117M |
| PP&E (Net) | $10M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $21M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $34M |
| TOTAL ASSETS | $151M |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $24M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $283.0K |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $32M |
| Common Stock | $76M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $99M |
| Treasury Stock | -$55M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $120M |
| Minority Interest | $0 |
| TOTAL EQUITY | $120M |
| TOTAL LIABILITIES & EQUITY | $151M |
| Total Debt | $6M |
| Net Debt | -$32M |
