| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $250.0K | $200.0K | $200.0K | 25.0% | 25.0% |
| Op. Income | -$189.0K | -$350.8K | -$521.3K | 46.1% | 63.7% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -635.6% | -951.5% | -403.8% | 315.9pp | -231.8pp |
| EPS (Diluted) | $-0.09 | $-0.16 | $-0.08 | 41.2% | -11.8% |
| Free Cash Flow | -$939.0K | -$395.0K | -$66.8K | -137.7% | -1306.2% |
| Item | Amount |
|---|---|
| REVENUE | $250.0K |
| Cost of Revenue | $0 |
| GROSS PROFIT | $250.0K |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $439.0K |
| SG&A Expenses | $439.0K |
| Other Expenses | $0 |
| Operating Expenses | $439.0K |
| Cost & Expenses | $439.0K |
| OPERATING INCOME | -$189.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $0 |
| EBIT | -$189.0K |
| EBITDA | -$189.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$750.0K |
| OPERATING CASH FLOW | -$939.0K |
| Capital Expenditure | -$5 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $220.9K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $220.9K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$939.0K |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $1M |
| Net Receivables | $850.0K |
| Inventory | $0 |
| Other Current Assets | $22.1K |
| TOTAL CURRENT ASSETS | $9M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $9M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.1K |
| TOTAL CURRENT LIABILITIES | $278.1K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $278.1K |
| Common Stock | $17.3K |
| Additional Paid-In Capital | $43M |
| Retained Earnings | -$35M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8M |
| Minority Interest | $0 |
| TOTAL EQUITY | $8M |
| TOTAL LIABILITIES & EQUITY | $9M |
| Total Debt | $0 |
| Net Debt | -$7M |
