| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $337.3K | $498.5K | $624.5K | -32.3% | -46.0% |
| Op. Income | -$4M | -$2M | -$4M | -73.7% | -9.2% |
| Gross Margin | 0.4% | 17.0% | -9.9% | -16.6pp | 10.3pp |
| Net Margin | -4989.5% | -441.8% | -538.6% | -4547.7pp | -4450.9pp |
| EPS (Diluted) | $-1.50 | $-1.10 | $-0.62 | -36.4% | -141.9% |
| Free Cash Flow | -$11M | -$2M | -$1M | -584.7% | -1006.9% |
| Item | Amount |
|---|---|
| REVENUE | $337.3K |
| Cost of Revenue | $336.1K |
| GROSS PROFIT | $1.2K |
| R&D Expenses | $0 |
| Selling & Marketing | $358.7K |
| General & Administrative | $3M |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $4M |
| Cost & Expenses | $4M |
| OPERATING INCOME | -$4M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $0 |
| EBIT | -$17M |
| EBITDA | -$17M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $352.6K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | -$11M |
| Capital Expenditure | -$3 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $32M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $416.5K |
| Inventory | $0 |
| Other Current Assets | $239.3K |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $10.0K |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $24M |
| TOTAL ASSETS | $35M |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $8M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $8M |
| Common Stock | $1.4K |
| Additional Paid-In Capital | $92M |
| Retained Earnings | -$64M |
| Treasury Stock | -$547.4K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27M |
| Minority Interest | $0 |
| TOTAL EQUITY | $27M |
| TOTAL LIABILITIES & EQUITY | $35M |
| Total Debt | $0 |
| Net Debt | -$10M |
