| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $265M | $242M | $201M | 9.7% | 32.1% |
| Op. Income | $17M | $391.0K | -$11M | 4351.4% | 259.7% |
| Gross Margin | 57.3% | 56.3% | 54.8% | 0.9pp | 2.5pp |
| Net Margin | 5.9% | -0.1% | -2.0% | 6.0pp | 7.9pp |
| EPS (Diluted) | $0.24 | $-0.00 | $-0.06 | 7841.9% | 499.3% |
| Free Cash Flow | $27M | $36M | $13M | -25.1% | 109.2% |
| Item | Amount |
|---|---|
| REVENUE | $265M |
| Cost of Revenue | $113M |
| GROSS PROFIT | $152M |
| R&D Expenses | $47M |
| Selling & Marketing | $60M |
| General & Administrative | $27M |
| SG&A Expenses | $88M |
| Other Expenses | $0 |
| Operating Expenses | $135M |
| Cost & Expenses | $248M |
| OPERATING INCOME | $17M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $5M |
| EBIT | $20M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $265M |
| Cost of Revenue | $113M |
| GROSS PROFIT | $152M |
| R&D Expenses | $47M |
| Selling & Marketing | $60M |
| General & Administrative | $27M |
| SG&A Expenses | $88M |
| Other Expenses | $0 |
| Operating Expenses | $135M |
| Cost & Expenses | $248M |
| OPERATING INCOME | $17M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $5M |
| EBIT | $20M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | -$864.0K |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $32M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$72M |
| Sales/Maturities of Investments | $51M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $17M |
| NET CASH FROM FINANCING | $13M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $95M |
| Short-Term Investments | $245M |
| Net Receivables | $87M |
| Inventory | $108M |
| Other Current Assets | $56M |
| TOTAL CURRENT ASSETS | $616M |
| PP&E (Net) | $44M |
| Goodwill | $116M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $169M |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $361M |
| TOTAL ASSETS | $976M |
| Account Payables | $20M |
| Short-Term Debt | $0 |
| Deferred Revenue | $27M |
| Other Current Liabilities | $30M |
| TOTAL CURRENT LIABILITIES | $123M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $20M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $31M |
| TOTAL LIABILITIES | $154M |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | -$379M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$203.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $823M |
| Minority Interest | $0 |
| TOTAL EQUITY | $823M |
| TOTAL LIABILITIES & EQUITY | $976M |
| Total Debt | $11M |
| Net Debt | -$84M |
