| Metric | Q3 2026 | Q2 2026 | Q3 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $219M | $212M | $201M | 3.3% | 9.2% |
| Op. Income | $12M | $16M | $8M | -24.3% | 56.1% |
| Gross Margin | 66.4% | 68.2% | 71.2% | -1.8pp | -4.8pp |
| Net Margin | 1.3% | 5.9% | 5.2% | -4.6pp | -3.9pp |
| EPS (Diluted) | $0.01 | $0.05 | $0.04 | -76.0% | -71.2% |
| Free Cash Flow | $20M | $37M | $5M | -47.2% | 303.5% |
| Item | Amount |
|---|---|
| REVENUE | $219M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $145M |
| R&D Expenses | $25M |
| Selling & Marketing | $75M |
| General & Administrative | $34M |
| SG&A Expenses | $109M |
| Other Expenses | $0 |
| Operating Expenses | $133M |
| Cost & Expenses | $207M |
| OPERATING INCOME | $12M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $5M |
| EBIT | $12M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $219M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $145M |
| R&D Expenses | $25M |
| Selling & Marketing | $75M |
| General & Administrative | $34M |
| SG&A Expenses | $109M |
| Other Expenses | $0 |
| Operating Expenses | $133M |
| Cost & Expenses | $207M |
| OPERATING INCOME | $12M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $5M |
| EBIT | $12M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$185.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$94M |
| Sales/Maturities of Investments | $153M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | $55M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | $64M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $190M |
| Short-Term Investments | $291M |
| Net Receivables | $150M |
| Inventory | $0 |
| Other Current Assets | $105M |
| TOTAL CURRENT ASSETS | $736M |
| PP&E (Net) | $78M |
| Goodwill | $0 |
| Intangible Assets | $50M |
| Long-Term Investments | $0 |
| Tax Assets | $76M |
| Other Non-Current Assets | $114M |
| TOTAL NON-CURRENT ASSETS | $318M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $23M |
| Short-Term Debt | $8M |
| Deferred Revenue | $332M |
| Other Current Liabilities | $81M |
| TOTAL CURRENT LIABILITIES | $444M |
| Long-Term Debt | $40M |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$33M |
| TOTAL NON-CURRENT LIABILITIES | $52M |
| TOTAL LIABILITIES | $496M |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$763M |
| Treasury Stock | -$24M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $558M |
| Minority Interest | $0 |
| TOTAL EQUITY | $558M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $89M |
| Net Debt | -$101M |
