| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $126M | $123M | $112M | 2.2% | 12.2% |
| Op. Income | $32M | $32M | $30M | -0.4% | 7.4% |
| Gross Margin | 50.0% | 50.8% | 49.7% | -0.7pp | 0.3pp |
| Net Margin | -42.2% | 27.3% | 29.1% | -69.5pp | -71.4pp |
| EPS (Diluted) | $-1.16 | $0.69 | $0.66 | -268.1% | -275.8% |
| Item | Amount |
|---|---|
| REVENUE | $126M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $63M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $31M |
| Cost & Expenses | $94M |
| OPERATING INCOME | $32M |
| Interest Income | $7M |
| Interest Expense | $0 |
| Other Income/Expenses | -$94M |
| INCOME BEFORE TAX | -$63M |
| Income Tax Expense | -$9M |
| Net Income from Continuing Ops | -$53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$53M |
| D&A | $0 |
| EBIT | $32M |
| EBITDA | $32M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $200M |
| Short-Term Investments | $440M |
| Net Receivables | $113M |
| Inventory | $126M |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $900M |
| PP&E (Net) | $62M |
| Goodwill | $74M |
| Intangible Assets | $11M |
| Long-Term Investments | $154M |
| Tax Assets | $11M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $331M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $33M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $85M |
| TOTAL CURRENT LIABILITIES | $119M |
| Long-Term Debt | $519M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $534M |
| TOTAL LIABILITIES | $653M |
| Common Stock | $178.0K |
| Additional Paid-In Capital | $228M |
| Retained Earnings | $351M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $578M |
| Minority Interest | $0 |
| TOTAL EQUITY | $578M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $519M |
| Net Debt | $319M |
