| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $88M | $88M | $88M | 0.1% | 0.0% |
| Op. Income | $38M | $39M | $38M | -2.9% | -1.3% |
| Gross Margin | 80.0% | 79.9% | 79.9% | 0.1pp | 0.2pp |
| Net Margin | 25.2% | 23.7% | 24.1% | 1.5pp | 1.1pp |
| EPS (Diluted) | $1.15 | $1.07 | $1.09 | 7.5% | 5.5% |
| Free Cash Flow | $44M | $20M | $34M | 118.4% | 32.3% |
| Item | Amount |
|---|---|
| REVENUE | $88M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $70M |
| R&D Expenses | $2M |
| Selling & Marketing | $13M |
| General & Administrative | $17M |
| SG&A Expenses | $30M |
| Other Expenses | $0 |
| Operating Expenses | $32M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $38M |
| Interest Income | $759.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $5M |
| EBIT | $39M |
| EBITDA | $43M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $88M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $70M |
| R&D Expenses | $2M |
| Selling & Marketing | $13M |
| General & Administrative | $17M |
| SG&A Expenses | $30M |
| Other Expenses | $0 |
| Operating Expenses | $32M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $38M |
| Interest Income | $759.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $5M |
| EBIT | $39M |
| EBITDA | $43M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $52M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $44M |
| Net Change in Cash | $40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $98M |
| Short-Term Investments | $0 |
| Net Receivables | $24M |
| Inventory | $0 |
| Other Current Assets | $366.0K |
| TOTAL CURRENT ASSETS | $128M |
| PP&E (Net) | $118M |
| Goodwill | $353M |
| Intangible Assets | $39M |
| Long-Term Investments | $8M |
| Tax Assets | $25M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $547M |
| TOTAL ASSETS | $675M |
| Account Payables | $7M |
| Short-Term Debt | $3M |
| Deferred Revenue | $21M |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $70M |
| Long-Term Debt | $579M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $608M |
| TOTAL LIABILITIES | $678M |
| Common Stock | $207.0K |
| Additional Paid-In Capital | $73M |
| Retained Earnings | -$20M |
| Treasury Stock | -$47M |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$3M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$3M |
| TOTAL LIABILITIES & EQUITY | $675M |
| Total Debt | $592M |
| Net Debt | $494M |
