| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11M | $13M | $10M | -13.1% | 11.9% |
| Op. Income | -$1M | $14.0K | -$1M | -8357.1% | -10.1% |
| Gross Margin | 47.6% | 49.8% | 44.2% | -2.2pp | 3.4pp |
| Net Margin | -9.9% | 0.1% | -77.8% | -10.0pp | 67.9pp |
| EPS (Diluted) | $-0.11 | $0.00 | $-0.79 | -7433.3% | 86.1% |
| Free Cash Flow | $589.0K | $4M | $2M | -83.5% | -74.7% |
| Item | Amount |
|---|---|
| REVENUE | $11M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $5M |
| R&D Expenses | $2M |
| Selling & Marketing | $2M |
| General & Administrative | $3M |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $7M |
| Cost & Expenses | $13M |
| OPERATING INCOME | -$1M |
| Interest Income | $75.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $65.0K |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $40.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $165.0K |
| EBIT | -$1M |
| EBITDA | -$991.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $165.0K |
| Stock-Based Compensation | $502.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $20.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $609.0K |
| Capital Expenditure | -$20.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$151.0K |
| NET CASH FROM INVESTING | -$171.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$50.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$35.0K |
| NET CASH FROM FINANCING | -$35.0K |
| FREE CASH FLOW | $589.0K |
| Net Change in Cash | $392.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $11M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $39M |
| PP&E (Net) | $2M |
| Goodwill | $3M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $37.0K |
| TOTAL NON-CURRENT ASSETS | $6M |
| TOTAL ASSETS | $45M |
| Account Payables | $4M |
| Short-Term Debt | $346.0K |
| Deferred Revenue | $1M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $13M |
| Long-Term Debt | $215.0K |
| Deferred Revenue NC | $355.0K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $35.0K |
| TOTAL NON-CURRENT LIABILITIES | $605.0K |
| TOTAL LIABILITIES | $14M |
| Common Stock | $141.0K |
| Additional Paid-In Capital | $60M |
| Retained Earnings | $3M |
| Treasury Stock | -$32M |
| Accum. Other Comp. Income | -$14.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31M |
| Minority Interest | $0 |
| TOTAL EQUITY | $31M |
| TOTAL LIABILITIES & EQUITY | $45M |
| Total Debt | $561.0K |
| Net Debt | -$20M |
