| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $2M | $2M | 30.8% | 19.6% |
| Op. Income | $721.9K | $215.1K | $556.4K | 235.7% | 29.8% |
| Gross Margin | 42.3% | 40.9% | 51.7% | 1.4pp | -9.5pp |
| Net Margin | 21.9% | 11.9% | 20.3% | 10.1pp | 1.6pp |
| EPS (Diluted) | $0.14 | $0.06 | $0.11 | 133.3% | 27.3% |
| Free Cash Flow | $308.0K | $995.8K | -$45.9K | -69.1% | 771.3% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $1M |
| R&D Expenses | $124.3K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | -$620.9K |
| Other Expenses | $1M |
| Operating Expenses | $529.8K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $721.9K |
| Interest Income | -$230.4K |
| Interest Expense | $0 |
| Other Income/Expenses | $96.1K |
| INCOME BEFORE TAX | $818.0K |
| Income Tax Expense | $168.4K |
| Net Income from Continuing Ops | $649.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $649.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $649.6K |
| D&A | $30.7K |
| EBIT | $610.5K |
| EBITDA | $641.2K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $2M |
| GROSS PROFIT | $1M |
| R&D Expenses | $124.3K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | -$620.9K |
| Other Expenses | $1M |
| Operating Expenses | $529.8K |
| Cost & Expenses | $2M |
| OPERATING INCOME | $721.9K |
| Interest Income | -$230.4K |
| Interest Expense | $0 |
| Other Income/Expenses | $96.1K |
| INCOME BEFORE TAX | $818.0K |
| Income Tax Expense | $168.4K |
| Net Income from Continuing Ops | $649.6K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $649.6K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $649.6K |
| D&A | $30.7K |
| EBIT | $610.5K |
| EBITDA | $641.2K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $649.6K |
| Depreciation & Amortization | $30.7K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $225.3K |
| Other Non-Cash Items | $43.9K |
| Change in Working Capital | -$619.0K |
| OPERATING CASH FLOW | $330.5K |
| Capital Expenditure | -$22.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$799.0K |
| Sales/Maturities of Investments | $881.3K |
| Other Investing Activities | -$1.3K |
| NET CASH FROM INVESTING | $59.8K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $308.0K |
| Net Change in Cash | $390.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1M |
| Short-Term Investments | $7M |
| Net Receivables | $2M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $12M |
| PP&E (Net) | $907.2K |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $354.8K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $1M |
| TOTAL ASSETS | $13M |
| Account Payables | $480.8K |
| Short-Term Debt | $0 |
| Deferred Revenue | $12.2K |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $207.2K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $207.2K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $459.4K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $11M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11M |
| Minority Interest | $0 |
| TOTAL EQUITY | $11M |
| TOTAL LIABILITIES & EQUITY | $13M |
| Total Debt | $0 |
| Net Debt | -$1M |
