| Metric | Q4 2026 | Q3 2026 | Q4 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $205M | — | $160M | — | 27.9% |
| Op. Income | -$17M | — | -$22M | — | 22.4% |
| Gross Margin | 65.5% | — | 69.3% | — | -3.8pp |
| Net Margin | -15.4% | — | -10.7% | — | -4.7pp |
| EPS (Diluted) | $-0.29 | — | $-0.17 | — | -70.6% |
| Free Cash Flow | $14M | — | $15M | — | -11.2% |
| Item | Amount |
|---|---|
| REVENUE | $205M |
| Cost of Revenue | $71M |
| GROSS PROFIT | $134M |
| R&D Expenses | $45M |
| Selling & Marketing | $82M |
| General & Administrative | $36M |
| SG&A Expenses | $118M |
| Other Expenses | $0 |
| Operating Expenses | $163M |
| Cost & Expenses | $233M |
| OPERATING INCOME | -$17M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$25M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | -$32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$32M |
| D&A | $6M |
| EBIT | -$27M |
| EBITDA | -$21M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$32M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $38M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $35.0K |
| Purchases of Investments | -$40M |
| Sales/Maturities of Investments | $151M |
| Other Investing Activities | -$114M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $14M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $124M |
| Short-Term Investments | $288M |
| Net Receivables | $122M |
| Inventory | $0 |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $568M |
| PP&E (Net) | $116M |
| Goodwill | $262M |
| Intangible Assets | $61M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $107M |
| TOTAL NON-CURRENT ASSETS | $546M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $2M |
| Short-Term Debt | $19M |
| Deferred Revenue | $305M |
| Other Current Liabilities | $95M |
| TOTAL CURRENT LIABILITIES | $420M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $69M |
| TOTAL LIABILITIES | $490M |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$718M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $624M |
| Minority Interest | $389.0K |
| TOTAL EQUITY | $624M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $83M |
| Net Debt | -$42M |
