Issuer Direct (US:ISDR)2026-03-19 12:59Financial Performance - Q4 2025 revenue was $5.8M, unchanged from Q4 2024 and a 1% increase from Q3 2025[5] - Full year 2025 total revenue was $22.6M, a 2% decrease from $23.1M in 2024[9] - Revenues for Q4 2025 were $5,799 million, a slight decrease of 0.5% compared to $5,826 million in Q4 2024[31] - Gross profit for the year ended December 31, 2025, was $17,314 million, down from $17,440 million in 2024, reflecting a decrease of 0.7%[31] - Cash provided by operating activities for the year 2025 was $558 million, compared to $3,160 million in 2024, indicating a decline in cash flow[33] Profitability Metrics - Gross margin for Q4 2025 increased to 77%, up from 75% in Q4 2024[5] - Full year 2025 gross margin was 77% of revenue, compared to 76% in 2024[9] - Adjusted EBITDA for Q4 2025 was $0.9M, or 15% of revenue, consistent with Q4 2024[6] - Operating loss for 2025 was $1.9M, significantly reduced from $16.3M in 2024[9] - Operating loss for Q4 2025 was $(761) million, significantly improved from $(14,322) million in Q4 2024[31] - Net loss from continuing operations for Q4 2025 was $0.5M, or $0.13 per diluted share, compared to $10.9M, or $2.85 per diluted share, in Q4 2024[6] - The company reported a net loss from continuing operations of $1,558,000, or $0.40 per diluted share for the year ended December 31, 2025, compared to a loss of $13,281,000, or $3.47 per diluted share in 2024[17] - Net income for the year ended December 31, 2025, was $4,291 million, a recovery from a net loss of $(10,793) million in 2024[33] Cash Flow and Assets - Free cash flow from continuing operations for the three months ended December 31, 2025, was $109,000, down from $293,000 in the same period of 2024[18] - Adjusted free cash flow from continuing operations for the year ended December 31, 2025, was $1,266,000, compared to $2,786,000 in 2024[18] - Total assets decreased to $41,992,000 as of December 31, 2025, from $50,638,000 in 2024[29] - Cash and cash equivalents at the end of 2025 were $3,025 million, down from $4,103 million at the end of 2024[33] Liabilities and Shareholder Information - The company’s total liabilities decreased to $11,647,000 as of December 31, 2025, from $25,412,000 in 2024[29] - The weighted average number of common shares outstanding for the year ended December 31, 2025, was 3,859,000, compared to 3,829,000 in 2024[17] - The weighted average number of common shares outstanding for Q4 2025 was 3,864 million, slightly up from 3,837 million in Q4 2024[31] Impairment and Gains - The company reported an impairment loss of $250,000 for the year ended December 31, 2025, compared to $14,150,000 in 2024[17] - The company incurred an impairment loss of $250 million in 2025, compared to $14,150 million in 2024[31] - The company reported a gain on the disposal of business amounting to $(8,974) million in 2025, with no such gain reported in 2024[33] Future Plans and Developments - The company trained over 1,800 students across 60-plus universities on its ACCESS PR platform in the past 90 days[3] - The company plans to launch new products, including Access Verified and a social monitoring platform, expected to generate incremental revenue starting Q2 2026[2] - The company expects to launch a social monitoring platform with an AI Interactive Distribution Report before the end of March 2026[25] - The company anticipates generating incremental revenue through premium subscription tiers and per release pricing for new offerings starting in Q2 2026[25]