Reported results
- Revenue for the third quarter of 2026 was $1.6 million, a decrease of 72.1% from the prior-year quarter.
- Gross margin was 9.2% for the third quarter of 2026 versus 32.0% in the prior-year quarter.
- Net loss from continuing operations was $2.1 million, or ($0.30) per basic and diluted share, compared with net income from continuing operations of $0.1 million, or $0.02 per basic and diluted share, in the third quarter of 2025.
- Net income from discontinued operations was $0.6 million, or $0.09 per basic and diluted share, in the third quarter of 2026.
- Bookings were $0.7 million for the third quarter of 2026, compared with $1.0 million in the third quarter of 2025.
- Cash and cash equivalents ended the quarter at approximately $23.5 million with no outstanding debt.
Price and volatility reaction
Source
The figures above come from the earnings release the company filed with the SEC on 2026-11-05 (8-K, Item 2.02). Read the original filing on sec.gov.
