| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $601.0K | $592.0K | $578.0K | 1.5% | 4.0% |
| Op. Income | -$802.0K | -$683.0K | -$1M | -17.4% | 25.2% |
| Gross Margin | 40.6% | 38.5% | 13.7% | 2.1pp | 26.9pp |
| Net Margin | -381.0% | -102.2% | -179.9% | -278.8pp | -201.1pp |
| EPS (Diluted) | $-0.71 | $-0.38 | $-11.25 | -86.8% | 93.7% |
| Free Cash Flow | -$8M | -$37.0K | -$911.0K | -21262.2% | -767.6% |
| Item | Amount |
|---|---|
| REVENUE | $601.0K |
| Cost of Revenue | $357.0K |
| GROSS PROFIT | $244.0K |
| R&D Expenses | $3.0K |
| Selling & Marketing | $0 |
| General & Administrative | $1M |
| SG&A Expenses | $1M |
| Other Expenses | $0 |
| Operating Expenses | $1M |
| Cost & Expenses | $1M |
| OPERATING INCOME | -$802.0K |
| Interest Income | $29.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $0 |
| EBIT | -$802.0K |
| EBITDA | -$802.0K |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $84.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$768.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $883.0K |
| NET CASH FROM FINANCING | $846.0K |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $500.0K |
| Net Receivables | $12.0K |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.0K |
| TOTAL NON-CURRENT ASSETS | $4.0K |
| TOTAL ASSETS | $11M |
| Account Payables | $162.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $130.0K |
| Other Current Liabilities | $257.0K |
| TOTAL CURRENT LIABILITIES | $1M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $1M |
| Common Stock | $0 |
| Additional Paid-In Capital | $246M |
| Retained Earnings | -$236M |
| Treasury Stock | -$181.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | $0 |
| TOTAL EQUITY | $10M |
| TOTAL LIABILITIES & EQUITY | $11M |
| Total Debt | $0 |
| Net Debt | -$4M |
