| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $183M | $178M | — | 2.7% | — |
| Op. Income | $15M | $8M | — | 92.6% | — |
| Gross Margin | 75.0% | 75.1% | — | -0.1pp | — |
| Net Margin | 2.7% | 3.0% | — | -0.3pp | — |
| EPS (Diluted) | $0.08 | $0.09 | — | -8.1% | — |
| Free Cash Flow | $26M | $63M | — | -58.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $183M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $137M |
| R&D Expenses | $28M |
| Selling & Marketing | $64M |
| General & Administrative | $31M |
| SG&A Expenses | $95M |
| Other Expenses | -$263.0K |
| Operating Expenses | $123M |
| Cost & Expenses | $169M |
| OPERATING INCOME | $15M |
| Interest Income | $7M |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | -$719.0K |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $12M |
| EBIT | $15M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $183M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $137M |
| R&D Expenses | $28M |
| Selling & Marketing | $64M |
| General & Administrative | $31M |
| SG&A Expenses | $95M |
| Other Expenses | -$263.0K |
| Operating Expenses | $123M |
| Cost & Expenses | $169M |
| OPERATING INCOME | $15M |
| Interest Income | $7M |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | -$719.0K |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $12M |
| EBIT | $15M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $26M |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$623.0K |
| Acquisitions (Net) | -$16M |
| Purchases of Investments | -$140M |
| Sales/Maturities of Investments | $141M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | -$3.0K |
| Common Stock Repurchased | -$35M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$34M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | -$30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $390M |
| Short-Term Investments | $388M |
| Net Receivables | $218M |
| Inventory | $0 |
| Other Current Assets | $29M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $36M |
| Goodwill | $466M |
| Intangible Assets | $49M |
| Long-Term Investments | $0 |
| Tax Assets | $39M |
| Other Non-Current Assets | $144M |
| TOTAL NON-CURRENT ASSETS | $734M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $16M |
| Short-Term Debt | $234M |
| Deferred Revenue | $369M |
| Other Current Liabilities | $77M |
| TOTAL CURRENT LIABILITIES | $695M |
| Long-Term Debt | $686M |
| Deferred Revenue NC | $922.0K |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | -$19M |
| TOTAL NON-CURRENT LIABILITIES | $693M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $599.0K |
| Additional Paid-In Capital | $357M |
| Retained Earnings | -$25M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$296.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $332M |
| Minority Interest | $39M |
| TOTAL EQUITY | $371M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $940M |
| Net Debt | $550M |
