| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $3M | $3M | -20.2% | -26.0% |
| Op. Income | $215.1K | $695.5K | $949.1K | -69.1% | -77.3% |
| Gross Margin | 40.9% | 52.8% | 54.0% | -11.9pp | -13.1pp |
| Net Margin | 11.9% | 22.1% | 28.3% | -10.2pp | -16.4pp |
| EPS (Diluted) | $0.06 | $0.14 | $0.19 | -57.1% | -68.4% |
| Free Cash Flow | $995.8K | $285.6K | $1M | 248.6% | -16.9% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $925.8K |
| R&D Expenses | $117.1K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $620.9K |
| Other Expenses | -$27.3K |
| Operating Expenses | $710.7K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $215.1K |
| Interest Income | $75.2K |
| Interest Expense | $0 |
| Other Income/Expenses | $111.4K |
| INCOME BEFORE TAX | $326.5K |
| Income Tax Expense | $58.0K |
| Net Income from Continuing Ops | $268.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $268.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $268.4K |
| D&A | $27.3K |
| EBIT | $326.5K |
| EBITDA | $353.8K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $925.8K |
| R&D Expenses | $117.1K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $620.9K |
| Other Expenses | -$27.3K |
| Operating Expenses | $710.7K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $215.1K |
| Interest Income | $75.2K |
| Interest Expense | $0 |
| Other Income/Expenses | $111.4K |
| INCOME BEFORE TAX | $326.5K |
| Income Tax Expense | $58.0K |
| Net Income from Continuing Ops | $268.4K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $268.4K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $268.4K |
| D&A | $27.3K |
| EBIT | $326.5K |
| EBITDA | $353.8K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $268.4K |
| Depreciation & Amortization | $27.3K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$96.4K |
| Other Non-Cash Items | -$43.8K |
| Change in Working Capital | $855.4K |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$15.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$770.1K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $995.8K |
| Net Change in Cash | -$907.6K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $860.8K |
| Short-Term Investments | $7M |
| Net Receivables | $1M |
| Inventory | $1M |
| Other Current Assets | $371.9K |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $18.1K |
| Other Non-Current Assets | -$7M |
| TOTAL NON-CURRENT ASSETS | $933.5K |
| TOTAL ASSETS | $12M |
| Account Payables | $245.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $2M |
| Common Stock | $459.4K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $10M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | $0 |
| TOTAL EQUITY | $11M |
| TOTAL LIABILITIES & EQUITY | $12M |
| Total Debt | $0 |
| Net Debt | -$860.8K |
