| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | — | $887.8K | — | 67.4% |
| Op. Income | -$6M | — | -$1M | — | -332.0% |
| Gross Margin | -63.1% | — | -96.2% | — | 33.1pp |
| Net Margin | -371.4% | — | -294.6% | — | -76.7pp |
| EPS (Diluted) | $-0.15 | — | $-0.07 | — | -107.8% |
| Free Cash Flow | -$6M | — | $15M | — | -141.3% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $2M |
| GROSS PROFIT | -$937.1K |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $2M |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $8M |
| OPERATING INCOME | -$6M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $774.3K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $146.1K |
| Net Income from Continuing Ops | -$6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $158.9K |
| EBIT | -$7M |
| EBITDA | -$7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$6M |
| Depreciation & Amortization | $158.9K |
| Stock-Based Compensation | $42.3K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$3.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$392.5K |
| NET CASH FROM INVESTING | -$395.7K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12M |
| Short-Term Investments | $0 |
| Net Receivables | $25M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $40M |
| PP&E (Net) | $288.7K |
| Goodwill | $0 |
| Intangible Assets | $64.3K |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $797.7K |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $47M |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $270.9K |
| TOTAL LIABILITIES | $12M |
| Common Stock | $37.0K |
| Additional Paid-In Capital | $29M |
| Retained Earnings | $6M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $127.6K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $35M |
| Minority Interest | $0 |
| TOTAL EQUITY | $35M |
| TOTAL LIABILITIES & EQUITY | $47M |
| Total Debt | $270.9K |
| Net Debt | -$12M |
