| Metric | Q3 2026 | Q2 2026 | Q3 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8M | $9M | $9M | -3.3% | -7.7% |
| Op. Income | $1M | $2M | $2M | -33.6% | -35.8% |
| Gross Margin | 39.5% | 42.6% | 59.6% | -3.0pp | -20.1pp |
| Net Margin | 71.4% | 66.4% | 57.6% | 5.0pp | 13.8pp |
| EPS (Diluted) | $0.63 | $0.60 | $0.55 | 5.0% | 14.5% |
| Free Cash Flow | $5M | $3M | $7M | 79.2% | -21.1% |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $989.0K |
| General & Administrative | $0 |
| SG&A Expenses | $989.0K |
| Other Expenses | $1M |
| Operating Expenses | $2M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $1M |
| Interest Income | $501.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $322.0K |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $8M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $3M |
| R&D Expenses | $0 |
| Selling & Marketing | $989.0K |
| General & Administrative | $0 |
| SG&A Expenses | $989.0K |
| Other Expenses | $1M |
| Operating Expenses | $2M |
| Cost & Expenses | $7M |
| OPERATING INCOME | $1M |
| Interest Income | $501.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $322.0K |
| EBIT | $1M |
| EBITDA | $1M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $322.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $484.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $32.0K |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$773.0K |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$125.0K |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$647.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $46M |
| Short-Term Investments | $38M |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $87M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $15.0K |
| Long-Term Investments | $61M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $64M |
| TOTAL ASSETS | $151M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $15M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $22M |
| TOTAL LIABILITIES | $43M |
| Common Stock | $1M |
| Additional Paid-In Capital | $991.0K |
| Retained Earnings | $122M |
| Treasury Stock | -$17M |
| Accum. Other Comp. Income | -$4.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $108M |
| Minority Interest | $0 |
| TOTAL EQUITY | $108M |
| TOTAL LIABILITIES & EQUITY | $151M |
| Total Debt | $3M |
| Net Debt | -$44M |
