| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3M | $1M | $2M | 146.0% | 102.5% |
| Op. Income | -$132.1K | -$2M | -$4M | 91.7% | 96.7% |
| Gross Margin | 61.5% | 71.7% | 69.0% | -10.2pp | -7.5pp |
| Net Margin | -1.8% | -105.6% | -231.2% | 103.8pp | 229.5pp |
| EPS (Diluted) | $-0.00 | $-0.07 | $-0.24 | 95.8% | 98.8% |
| Free Cash Flow | -$148.7K | $112.0K | -$939.2K | -232.8% | 84.2% |
| Item | Amount |
|---|---|
| REVENUE | $3M |
| Cost of Revenue | $1M |
| GROSS PROFIT | $2M |
| R&D Expenses | $884.7K |
| Selling & Marketing | $595.5K |
| General & Administrative | $688.4K |
| SG&A Expenses | $1M |
| Other Expenses | $115.5K |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$132.1K |
| Interest Income | $70.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $70.0K |
| INCOME BEFORE TAX | -$62.1K |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$62.1K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$62.1K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$62.1K |
| D&A | $117.7K |
| EBIT | -$117.2K |
| EBITDA | $462 |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$62.1K |
| Depreciation & Amortization | $117.7K |
| Stock-Based Compensation | -$410.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $692.6K |
| Change in Working Capital | -$485.8K |
| OPERATING CASH FLOW | -$147.6K |
| Capital Expenditure | -$1.1K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.1K |
| Net Debt Issuance | -$105.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | -$76.6K |
| FREE CASH FLOW | -$148.7K |
| Net Change in Cash | -$225.3K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $0 |
| Other Current Assets | $338.8K |
| TOTAL CURRENT ASSETS | $8M |
| PP&E (Net) | $177.0K |
| Goodwill | $11M |
| Intangible Assets | $60.7K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $11.1K |
| TOTAL NON-CURRENT ASSETS | $11M |
| TOTAL ASSETS | $19M |
| Account Payables | $228.4K |
| Short-Term Debt | $0 |
| Deferred Revenue | $52.6K |
| 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 | $4.7K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $21.1K |
| Additional Paid-In Capital | $83M |
| Retained Earnings | -$66M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17M |
| Minority Interest | $0 |
| TOTAL EQUITY | $17M |
| TOTAL LIABILITIES & EQUITY | $19M |
| Total Debt | $131.8K |
| Net Debt | -$7M |
