| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $199M | — | — | — | — |
| Op. Income | $135M | — | — | — | — |
| Gross Margin | 112.1% | — | — | — | — |
| Net Margin | 52.8% | — | — | — | — |
| EPS (Diluted) | $2.11 | — | — | — | — |
| Free Cash Flow | $55M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $199M |
| Cost of Revenue | -$24M |
| GROSS PROFIT | $223M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $50M |
| SG&A Expenses | $50M |
| Other Expenses | $38M |
| Operating Expenses | $88M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $135M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $135M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $114M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $105M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $104M |
| D&A | $0 |
| EBIT | $157M |
| EBITDA | $157M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $199M |
| Cost of Revenue | -$24M |
| GROSS PROFIT | $223M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $50M |
| SG&A Expenses | $50M |
| Other Expenses | $38M |
| Operating Expenses | $88M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $135M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $135M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $114M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $105M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $104M |
| D&A | $0 |
| EBIT | $157M |
| EBITDA | $157M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $105M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$50M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $55M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$73M |
| NET CASH FROM INVESTING | -$73M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$118M |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$140M |
| FREE CASH FLOW | $55M |
| Net Change in Cash | -$161M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $157M |
| Short-Term Investments | $2.5B |
| Net Receivables | $2.0B |
| Inventory | $0 |
| Other Current Assets | -$453M |
| TOTAL CURRENT ASSETS | $8.0B |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $190M |
| Long-Term Investments | $6.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$6.6B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $12.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $3.7B |
| Other Current Liabilities | -$3.7B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.7B |
| TOTAL NON-CURRENT LIABILITIES | $6.4B |
| TOTAL LIABILITIES | $6.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $5.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$179M |
| Other Equity | $1M |
| TOTAL STOCKHOLDERS' EQUITY | $5.7B |
| Minority Interest | $79M |
| TOTAL EQUITY | $5.7B |
| TOTAL LIABILITIES & EQUITY | $12.1B |
| Total Debt | $1.7B |
| Net Debt | $1.5B |
