| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $92M | $90M | $89M | 2.5% | 3.1% |
| Op. Income | $24M | $24M | $17M | -1.0% | 38.5% |
| Gross Margin | 75.3% | 74.1% | 70.0% | 1.2pp | 5.3pp |
| Net Margin | 20.1% | 20.3% | 14.9% | -0.2pp | 5.3pp |
| EPS (Diluted) | $0.69 | $0.68 | $0.49 | 1.5% | 40.8% |
| Free Cash Flow | $21M | $32M | $16M | -33.8% | 36.8% |
| Item | Amount |
|---|---|
| REVENUE | $92M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $69M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $26M |
| SG&A Expenses | $28M |
| Other Expenses | $18M |
| Operating Expenses | $46M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $24M |
| Interest Income | $80M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $2M |
| EBIT | $24M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $92M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $69M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $26M |
| SG&A Expenses | $28M |
| Other Expenses | $18M |
| Operating Expenses | $46M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $24M |
| Interest Income | $80M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $2M |
| EBIT | $24M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $642.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$873.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $30M |
| Other Investing Activities | -$78M |
| NET CASH FROM INVESTING | -$52M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $33M |
| NET CASH FROM FINANCING | $23M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $103M |
| Short-Term Investments | $759M |
| Net Receivables | $25M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $887M |
| PP&E (Net) | $127M |
| Goodwill | $0 |
| Intangible Assets | $8M |
| Long-Term Investments | $6.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$6.7B |
| TOTAL NON-CURRENT ASSETS | $127M |
| TOTAL ASSETS | $7.4B |
| Account Payables | $9M |
| Short-Term Debt | $26M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$9M |
| TOTAL CURRENT LIABILITIES | $26M |
| Long-Term Debt | $132M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.8B |
| TOTAL NON-CURRENT LIABILITIES | $6.8B |
| TOTAL LIABILITIES | $6.8B |
| Common Stock | $397M |
| Additional Paid-In Capital | $107M |
| Retained Earnings | $176M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$92M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $588M |
| Minority Interest | $0 |
| TOTAL EQUITY | $588M |
| TOTAL LIABILITIES & EQUITY | $7.4B |
| Total Debt | $26M |
| Net Debt | -$77M |
