| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1M | $1M | $876.4K | -17.8% | 26.0% |
| Op. Income | -$656.7K | -$744.2K | -$1M | 11.8% | 42.0% |
| Gross Margin | 27.0% | 21.8% | 22.4% | 5.2pp | 4.6pp |
| Net Margin | 1102.4% | 109.3% | -128.8% | 993.1pp | 1231.3pp |
| EPS (Diluted) | $0.04 | $0.01 | $-0.11 | 506.1% | 136.4% |
| Free Cash Flow | -$850.0K | $40.9K | -$426.4K | -2180.3% | -99.4% |
| Item | Amount |
|---|---|
| REVENUE | $1M |
| Cost of Revenue | $806.4K |
| GROSS PROFIT | $297.9K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $954.6K |
| SG&A Expenses | $954.6K |
| Other Expenses | $0 |
| Operating Expenses | $954.6K |
| Cost & Expenses | $2M |
| OPERATING INCOME | -$656.7K |
| Interest Income | $71.5K |
| Interest Expense | $4.7K |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $33.5K |
| EBIT | $16M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $105.8K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$16M |
| Change in Working Capital | -$293.6K |
| OPERATING CASH FLOW | -$850.0K |
| 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 | $6M |
| FREE CASH FLOW | -$850.0K |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $190.5K |
| Net Receivables | $531.3K |
| Inventory | $717.6K |
| Other Current Assets | $67.3K |
| TOTAL CURRENT ASSETS | $13M |
| PP&E (Net) | $825.5K |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $228M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $232M |
| TOTAL ASSETS | $245M |
| Account Payables | $216.2K |
| Short-Term Debt | $214.8K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $849.7K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $5M |
| Common Stock | $25.7K |
| Additional Paid-In Capital | $232M |
| Retained Earnings | $7M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $322.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $240M |
| Minority Interest | $0 |
| TOTAL EQUITY | $240M |
| TOTAL LIABILITIES & EQUITY | $245M |
| Total Debt | $214.8K |
| Net Debt | -$10M |
