| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $163M | $158M | $160M | 2.8% | 1.6% |
| Op. Income | $50M | $39M | $40M | 28.2% | 24.7% |
| Gross Margin | 66.8% | 61.7% | 58.5% | 5.0pp | 8.3pp |
| Net Margin | 22.9% | 19.0% | 18.9% | 3.9pp | 3.9pp |
| EPS (Diluted) | $0.82 | $0.67 | $0.69 | 22.4% | 18.8% |
| Free Cash Flow | $38M | $15M | $19M | 150.1% | 98.3% |
| Item | Amount |
|---|---|
| REVENUE | $163M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $109M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $37M |
| SG&A Expenses | $37M |
| Other Expenses | $21M |
| Operating Expenses | $59M |
| Cost & Expenses | $113M |
| OPERATING INCOME | $50M |
| Interest Income | $149M |
| Interest Expense | $49M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $1M |
| EBIT | $50M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $163M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $109M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $37M |
| SG&A Expenses | $37M |
| Other Expenses | $21M |
| Operating Expenses | $59M |
| Cost & Expenses | $113M |
| OPERATING INCOME | $50M |
| Interest Income | $149M |
| Interest Expense | $49M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $1M |
| EBIT | $50M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$381.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $83M |
| Other Investing Activities | -$114M |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | $14M |
| Common Stock Repurchased | -$193.0K |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $25M |
| NET CASH FROM FINANCING | $34M |
| FREE CASH FLOW | $38M |
| Net Change in Cash | $41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $259M |
| Short-Term Investments | $1.2B |
| Net Receivables | $742M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $59M |
| Goodwill | $182M |
| Intangible Assets | $20M |
| Long-Term Investments | $6.9B |
| Tax Assets | $50M |
| Other Non-Current Assets | $345M |
| TOTAL NON-CURRENT ASSETS | $7.6B |
| TOTAL ASSETS | $9.8B |
| Account Payables | $0 |
| Short-Term Debt | $41M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.8B |
| TOTAL CURRENT LIABILITIES | $7.9B |
| Long-Term Debt | $540M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $165M |
| TOTAL NON-CURRENT LIABILITIES | $705M |
| TOTAL LIABILITIES | $8.6B |
| Common Stock | $471.0K |
| Additional Paid-In Capital | $758M |
| Retained Earnings | $616M |
| Treasury Stock | -$57M |
| Accum. Other Comp. Income | -$80M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $9.8B |
| Total Debt | $582M |
| Net Debt | $323M |
