| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25M | $25M | $23M | -1.2% | 5.9% |
| Op. Income | -$2M | -$2M | -$4M | 7.7% | 50.1% |
| Gross Margin | 50.9% | 54.3% | 50.8% | -3.4pp | 0.1pp |
| Net Margin | -11.2% | -8.1% | -17.4% | -3.0pp | 6.2pp |
| EPS (Diluted) | $-0.22 | $-0.16 | $-0.32 | -37.5% | 31.3% |
| Item | Amount |
|---|---|
| REVENUE | $25M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $13M |
| R&D Expenses | $4M |
| Selling & Marketing | $7M |
| General & Administrative | $4M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $27M |
| OPERATING INCOME | -$2M |
| Interest Income | $0 |
| Interest Expense | -$63.0K |
| Other Income/Expenses | -$789.0K |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $85.0K |
| 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 | $3M |
| EBIT | -$2M |
| EBITDA | $1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $29M |
| Inventory | $0 |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $49M |
| PP&E (Net) | $21M |
| Goodwill | $34M |
| Intangible Assets | $29M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $87M |
| TOTAL ASSETS | $136M |
| Account Payables | $4M |
| Short-Term Debt | $4M |
| Deferred Revenue | $40M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $57M |
| Long-Term Debt | $976.0K |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $64M |
| Common Stock | $64.0K |
| Additional Paid-In Capital | $186M |
| Retained Earnings | -$114M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$289.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $72M |
| Minority Interest | $0 |
| TOTAL EQUITY | $72M |
| TOTAL LIABILITIES & EQUITY | $136M |
| Total Debt | $5M |
| Net Debt | -$11M |
