| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $27M | — | $18M | — | 55.1% |
| Op. Income | $34M | — | $8M | — | 302.6% |
| Gross Margin | 93.9% | — | 57.9% | — | 36.0pp |
| Net Margin | 107.0% | — | 71.7% | — | 35.4pp |
| EPS (Diluted) | $3.57 | — | $1.55 | — | 130.3% |
| Item | Amount |
|---|---|
| REVENUE | $27M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$8M |
| Operating Expenses | -$8M |
| Cost & Expenses | -$6M |
| OPERATING INCOME | $34M |
| Interest Income | $12M |
| Interest Expense | $45.1K |
| Other Income/Expenses | -$49.0K |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $0 |
| EBIT | $34M |
| EBITDA | $34M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $27M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $26M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$8M |
| Operating Expenses | -$8M |
| Cost & Expenses | -$6M |
| OPERATING INCOME | $34M |
| Interest Income | $12M |
| Interest Expense | $45.1K |
| Other Income/Expenses | -$49.0K |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $0 |
| EBIT | $34M |
| EBITDA | $34M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $288.1K |
| Short-Term Investments | $78M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $81M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $322M |
| Tax Assets | $0 |
| Other Non-Current Assets | $46.2K |
| TOTAL NON-CURRENT ASSETS | $322M |
| TOTAL ASSETS | $403M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $5M |
| TOTAL LIABILITIES | $5M |
| Common Stock | $331M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $67M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $397M |
| Minority Interest | $0 |
| TOTAL EQUITY | $397M |
| TOTAL LIABILITIES & EQUITY | $403M |
| Total Debt | $0 |
| Net Debt | -$288.1K |
