| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12M | $12M | $11M | 1.5% | 7.4% |
| Op. Income | $2M | $2M | $2M | -1.4% | 8.8% |
| Gross Margin | 65.9% | 65.9% | 65.3% | -0.1pp | 0.6pp |
| Net Margin | 16.1% | 16.2% | 16.3% | -0.1pp | -0.2pp |
| EPS (Diluted) | $0.34 | $0.33 | $0.31 | 3.0% | 9.7% |
| Free Cash Flow | $7M | $1M | -$2M | 387.7% | 559.5% |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $8M |
| R&D Expenses | $0 |
| Selling & Marketing | $138.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $3M |
| Operating Expenses | $6M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $2M |
| Interest Income | $11M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$20.0K |
| 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 | $340.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $12M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $8M |
| R&D Expenses | $0 |
| Selling & Marketing | $138.0K |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | $3M |
| Operating Expenses | $6M |
| Cost & Expenses | $10M |
| OPERATING INCOME | $2M |
| Interest Income | $11M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | -$20.0K |
| 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 | $340.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $340.0K |
| Stock-Based Compensation | $88.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $636.0K |
| Change in Working Capital | $170.0K |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | $4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$21M |
| Sales/Maturities of Investments | -$6M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | $10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $46M |
| Short-Term Investments | $132M |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | -$181M |
| TOTAL CURRENT ASSETS | $143.6K |
| PP&E (Net) | $0 |
| Goodwill | $682.0K |
| Intangible Assets | $10.0K |
| Long-Term Investments | $496M |
| Tax Assets | $0 |
| Other Non-Current Assets | -$496M |
| TOTAL NON-CURRENT ASSETS | $692.3K |
| TOTAL ASSETS | $867M |
| Account Payables | $0 |
| Short-Term Debt | $46M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $645M |
| TOTAL CURRENT LIABILITIES | $691M |
| Long-Term Debt | $99M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $110M |
| TOTAL LIABILITIES | $800M |
| Common Stock | $6M |
| Additional Paid-In Capital | $27M |
| Retained Earnings | $48M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$9M |
| Other Equity | -$2M |
| TOTAL STOCKHOLDERS' EQUITY | $66M |
| Minority Interest | $0 |
| TOTAL EQUITY | $66M |
| TOTAL LIABILITIES & EQUITY | $867M |
| Total Debt | $147M |
| Net Debt | $102M |
