| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $56M | $55M | $54M | 2.1% | 4.0% |
| Op. Income | -$11M | -$7M | $684.4K | -54.4% | -1652.4% |
| Gross Margin | 47.3% | 51.3% | 61.8% | -4.0pp | -14.5pp |
| Net Margin | -16.6% | -9.5% | 5.5% | -7.1pp | -22.1pp |
| EPS (Diluted) | $-0.07 | $-0.04 | $0.02 | -75.0% | -426.7% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $56M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $27M |
| R&D Expenses | $5M |
| Selling & Marketing | $19M |
| General & Administrative | $13M |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $37M |
| Cost & Expenses | $67M |
| OPERATING INCOME | -$11M |
| Interest Income | $749.6K |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | -$9M |
| Income Tax Expense | $167.0K |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $0 |
| EBIT | -$11M |
| EBITDA | -$11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| 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 | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49M |
| Short-Term Investments | $79M |
| Net Receivables | $13M |
| Inventory | $28M |
| Other Current Assets | $47M |
| TOTAL CURRENT ASSETS | $216M |
| PP&E (Net) | $72M |
| Goodwill | $99.9K |
| Intangible Assets | $19M |
| Long-Term Investments | $40M |
| Tax Assets | $12M |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $170M |
| TOTAL ASSETS | $386M |
| Account Payables | $0 |
| Short-Term Debt | $6M |
| Deferred Revenue | $11M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $98M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $326.6K |
| TOTAL NON-CURRENT LIABILITIES | $26M |
| TOTAL LIABILITIES | $125M |
| Common Stock | $42.7K |
| Additional Paid-In Capital | $447M |
| Retained Earnings | -$155M |
| Treasury Stock | -$57M |
| Accum. Other Comp. Income | $9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $244M |
| Minority Interest | $18M |
| TOTAL EQUITY | $262M |
| TOTAL LIABILITIES & EQUITY | $386M |
| Total Debt | $39M |
| Net Debt | -$10M |
