| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $3M | — | -19.3% | — |
| Op. Income | -$3M | -$3M | — | 3.0% | — |
| Gross Margin | 44.6% | 43.6% | — | 1.0pp | — |
| Net Margin | -147.0% | -92.7% | — | -54.3pp | — |
| EPS (Diluted) | $-31.80 | $-54.24 | — | 41.4% | — |
| Free Cash Flow | -$3M | -$2M | -$2M | -47.7% | -23.2% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $1M |
| R&D Expenses | $667.0K |
| Selling & Marketing | $2M |
| General & Administrative | $2M |
| SG&A Expenses | $3M |
| Other Expenses | $128.0K |
| Operating Expenses | $4M |
| Cost & Expenses | $5M |
| OPERATING INCOME | -$3M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$511.0K |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $8M |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $516.0K |
| EBIT | -$3M |
| EBITDA | -$2M |
| EPS | $39 |
| EPS Diluted | -$32 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $516.0K |
| Stock-Based Compensation | $613.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $417.0K |
| Change in Working Capital | -$794.0K |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $152.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $127.0K |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$27.0K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | $586.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $655.0K |
| TOTAL CURRENT ASSETS | $4M |
| PP&E (Net) | $11.0K |
| Goodwill | $2M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $832.0K |
| TOTAL NON-CURRENT ASSETS | $5M |
| TOTAL ASSETS | $9M |
| Account Payables | $5M |
| Short-Term Debt | $3M |
| Deferred Revenue | $813.0K |
| Other Current Liabilities | $39.0K |
| TOTAL CURRENT LIABILITIES | $10M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $161.0K |
| Other Non-Current Liabilities | $936.0K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $11M |
| Common Stock | $78.0K |
| Additional Paid-In Capital | $272M |
| Retained Earnings | -$274M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$2M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$2M |
| TOTAL LIABILITIES & EQUITY | $9M |
| Total Debt | $3M |
| Net Debt | $2M |
