| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6M | — | $8M | — | -23.2% |
| Op. Income | -$5M | — | -$288.9K | — | -1738.9% |
| Gross Margin | 39.4% | — | 55.5% | — | -16.1pp |
| Net Margin | -92.6% | — | -9.8% | — | -82.8pp |
| EPS (Diluted) | $-1.54 | — | $-1.28 | — | -20.3% |
| Free Cash Flow | -$1M | — | -$3M | — | 65.1% |
| Item | Amount |
|---|---|
| REVENUE | $6M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $2M |
| R&D Expenses | $73 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $11M |
| OPERATING INCOME | -$5M |
| Interest Income | $201.3K |
| Interest Expense | $0 |
| Other Income/Expenses | $187.5K |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | -$171.7K |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $137.5K |
| EBIT | -$5M |
| EBITDA | -$5M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $137.5K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$189.6K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$264.8K |
| OPERATING CASH FLOW | -$975.5K |
| Capital Expenditure | -$152.6K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $153.7K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | -$1M |
| Net Change in Cash | -$813.9K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $6M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $133.7K |
| TOTAL CURRENT ASSETS | $17M |
| PP&E (Net) | $6M |
| Goodwill | $0 |
| Intangible Assets | $7.6K |
| Long-Term Investments | $1M |
| Tax Assets | $213.4K |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $7M |
| TOTAL ASSETS | $24M |
| Account Payables | $526.1K |
| Short-Term Debt | $26.1K |
| Deferred Revenue | $150.0K |
| Other Current Liabilities | $615.2K |
| TOTAL CURRENT LIABILITIES | $2M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $191.4K |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $191.4K |
| TOTAL LIABILITIES | $2M |
| Common Stock | $30.9K |
| Additional Paid-In Capital | $34M |
| Retained Earnings | -$14M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19M |
| Minority Interest | $4M |
| TOTAL EQUITY | $23M |
| TOTAL LIABILITIES & EQUITY | $24M |
| Total Debt | $26.1K |
| Net Debt | -$8M |
