| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21M | $19M | — | 9.2% | — |
| Op. Income | $120.0K | $808.0K | — | -85.1% | — |
| Gross Margin | 53.6% | 52.8% | — | 0.8pp | — |
| Net Margin | 44.0% | 3.5% | — | 40.5pp | — |
| EPS (Diluted) | $2.00 | $0.18 | — | 1011.1% | — |
| Free Cash Flow | -$898.0K | -$1M | — | 16.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $11M |
| R&D Expenses | $1M |
| Selling & Marketing | $7M |
| General & Administrative | $3M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $120.0K |
| Interest Income | $11.0K |
| Interest Expense | $21.0K |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | -$72.0K |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $738.0K |
| EBIT | $9M |
| EBITDA | $10M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $21M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $11M |
| R&D Expenses | $1M |
| Selling & Marketing | $7M |
| General & Administrative | $3M |
| SG&A Expenses | $10M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $21M |
| OPERATING INCOME | $120.0K |
| Interest Income | $11.0K |
| Interest Expense | $21.0K |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | -$72.0K |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $738.0K |
| EBIT | $9M |
| EBITDA | $10M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$898.0K |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$536.0K |
| NET CASH FROM INVESTING | -$536.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$298.0K |
| NET CASH FROM FINANCING | -$298.0K |
| FREE CASH FLOW | -$898.0K |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $17M |
| Net Receivables | $6M |
| Inventory | $5M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $64M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $532.0K |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $71M |
| Account Payables | $6M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $38M |
| Long-Term Debt | $794.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $44.0K |
| TOTAL NON-CURRENT LIABILITIES | $1M |
| TOTAL LIABILITIES | $39M |
| Common Stock | $19.0K |
| Additional Paid-In Capital | $242M |
| Retained Earnings | -$213M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $32M |
| Minority Interest | $0 |
| TOTAL EQUITY | $32M |
| TOTAL LIABILITIES & EQUITY | $71M |
| Total Debt | $9M |
| Net Debt | -$19M |
