| Metric | Q3 2026 | Q2 2026 | Q3 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $113M | $112M | — | 1.6% | — |
| Op. Income | $6M | $4M | — | 49.5% | — |
| Gross Margin | 55.2% | 56.0% | — | -0.8pp | — |
| Net Margin | -3.0% | -3.8% | — | 0.9pp | — |
| EPS (Diluted) | $-0.03 | $-0.03 | — | 21.8% | — |
| Free Cash Flow | $5M | -$7M | — | 175.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $113M |
| Cost of Revenue | $51M |
| GROSS PROFIT | $63M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $52M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $107M |
| OPERATING INCOME | $6M |
| Interest Income | $111.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | -$373.0K |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $16M |
| EBIT | $6M |
| EBITDA | $22M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$576.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$197.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $0 |
| Net Receivables | $92M |
| Inventory | $22M |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $175M |
| PP&E (Net) | $75M |
| Goodwill | $413M |
| Intangible Assets | $264M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $784M |
| TOTAL ASSETS | $959M |
| Account Payables | $48M |
| Short-Term Debt | $46M |
| Deferred Revenue | $16M |
| Other Current Liabilities | $45M |
| TOTAL CURRENT LIABILITIES | $160M |
| Long-Term Debt | $231M |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $59M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $314M |
| TOTAL LIABILITIES | $474M |
| Common Stock | $1M |
| Additional Paid-In Capital | $677M |
| Retained Earnings | -$224M |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | $41M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $485M |
| Minority Interest | $150.0K |
| TOTAL EQUITY | $485M |
| TOTAL LIABILITIES & EQUITY | $959M |
| Total Debt | $290M |
| Net Debt | $259M |
