| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $143M | $136M | $132M | 5.5% | 8.0% |
| Op. Income | $21M | $24M | $22M | -10.0% | -4.9% |
| Gross Margin | 38.7% | 39.1% | 37.6% | -0.4pp | 1.1pp |
| Net Margin | 9.6% | 13.7% | 14.1% | -4.1pp | -4.5pp |
| EPS (Diluted) | $0.46 | $0.62 | $0.61 | -25.8% | -24.6% |
| Free Cash Flow | $24M | $25M | $32M | -3.4% | -23.2% |
| Item | Amount |
|---|---|
| REVENUE | $143M |
| Cost of Revenue | $88M |
| GROSS PROFIT | $55M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $34M |
| Cost & Expenses | $122M |
| OPERATING INCOME | $21M |
| Interest Income | $535.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $9M |
| EBIT | $21M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $143M |
| Cost of Revenue | $88M |
| GROSS PROFIT | $55M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $34M |
| Cost & Expenses | $122M |
| OPERATING INCOME | $21M |
| Interest Income | $535.0K |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $9M |
| EBIT | $21M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $755.0K |
| Other Non-Cash Items | -$889.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $23M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$40M |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $110M |
| Short-Term Investments | $0 |
| Net Receivables | $86M |
| Inventory | $54M |
| Other Current Assets | $26M |
| TOTAL CURRENT ASSETS | $276M |
| PP&E (Net) | $114M |
| Goodwill | $207M |
| Intangible Assets | $157M |
| Long-Term Investments | $86.0K |
| Tax Assets | $24M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $514M |
| TOTAL ASSETS | $790M |
| Account Payables | $48M |
| Short-Term Debt | $4M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $105M |
| Long-Term Debt | $114M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | -$11M |
| TOTAL NON-CURRENT LIABILITIES | $138M |
| TOTAL LIABILITIES | $243M |
| Common Stock | $325M |
| Additional Paid-In Capital | $42M |
| Retained Earnings | $695M |
| Treasury Stock | -$527M |
| Accum. Other Comp. Income | $13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $548M |
| Minority Interest | $0 |
| TOTAL EQUITY | $548M |
| TOTAL LIABILITIES & EQUITY | $790M |
| Total Debt | $140M |
| Net Debt | $30M |
