| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $368M | $340M | $346M | 8.3% | 6.4% |
| Op. Income | -$4M | -$5M | -$5M | 13.9% | 14.6% |
| Gross Margin | 15.5% | 16.8% | 17.1% | -1.3pp | -1.6pp |
| Net Margin | 0.2% | -1.0% | -1.2% | 1.2pp | 1.4pp |
| EPS (Diluted) | $0.00 | $-0.02 | $-0.03 | 118.7% | 115.6% |
| Item | Amount |
|---|---|
| REVENUE | $368M |
| Cost of Revenue | $311M |
| GROSS PROFIT | $57M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $55M |
| Other Expenses | $1 |
| Operating Expenses | $61M |
| Cost & Expenses | $373M |
| OPERATING INCOME | -$4M |
| Interest Income | $2M |
| Interest Expense | $377.1K |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $761.4K |
| Income Tax Expense | $70.2K |
| Net Income from Continuing Ops | $691.2K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1 |
| NET INCOME | $691.2K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $691.2K |
| D&A | $0 |
| EBIT | -$4M |
| EBITDA | -$4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $160M |
| Short-Term Investments | $121M |
| Net Receivables | $493M |
| Inventory | $98M |
| Other Current Assets | $2 |
| TOTAL CURRENT ASSETS | $897M |
| PP&E (Net) | $50M |
| Goodwill | $8M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $57M |
| TOTAL ASSETS | $955M |
| Account Payables | $398M |
| Short-Term Debt | $43M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $57M |
| TOTAL CURRENT LIABILITIES | $501M |
| Long-Term Debt | $6M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $24M |
| TOTAL LIABILITIES | $525M |
| Common Stock | $585 |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$777M |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | -$1 |
| TOTAL STOCKHOLDERS' EQUITY | $430M |
| Minority Interest | $0 |
| TOTAL EQUITY | $430M |
| TOTAL LIABILITIES & EQUITY | $955M |
| Total Debt | $62M |
| Net Debt | -$97M |
