| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $82M | $81M | $79M | 1.1% | 4.2% |
| Op. Income | $17M | $17M | $18M | 0.1% | -1.8% |
| Gross Margin | 41.6% | 42.2% | 43.1% | -0.6pp | -1.5pp |
| Net Margin | 16.9% | 17.2% | 18.2% | -0.4pp | -1.3pp |
| EPS (Diluted) | $0.72 | $0.73 | $0.75 | -1.4% | -4.0% |
| Free Cash Flow | $10M | -$10M | $8M | 202.8% | 16.2% |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $8M |
| Operating Expenses | $17M |
| Cost & Expenses | $65M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $183.0K |
| EBIT | $17M |
| EBITDA | $18M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $48M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $8M |
| Operating Expenses | $17M |
| Cost & Expenses | $65M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $183.0K |
| EBIT | $17M |
| EBITDA | $18M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $183.0K |
| Stock-Based Compensation | $805.0K |
| Deferred Income Tax | $186.0K |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$230.0K |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$891.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $5M |
| Net Debt Issuance | -$21.0K |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$137.0K |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $55M |
| Short-Term Investments | $0 |
| Net Receivables | $168M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $223M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $762M |
| Tax Assets | $19M |
| Other Non-Current Assets | $40M |
| TOTAL NON-CURRENT ASSETS | $828M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $144M |
| Other Current Liabilities | $635M |
| TOTAL CURRENT LIABILITIES | $779M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $111M |
| TOTAL NON-CURRENT LIABILITIES | $111M |
| TOTAL LIABILITIES | $890M |
| Common Stock | $208.0K |
| Additional Paid-In Capital | $226M |
| Retained Earnings | $98M |
| Treasury Stock | -$46M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $275M |
| Minority Interest | $0 |
| TOTAL EQUITY | $275M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $0 |
| Net Debt | -$55M |
