| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $186M | $180M | $169M | 3.3% | 10.1% |
| Op. Income | $62M | $48M | $46M | 27.8% | 34.5% |
| Gross Margin | 66.3% | 76.9% | 74.4% | -10.5pp | -8.1pp |
| Net Margin | 23.4% | 21.1% | 21.7% | 2.2pp | 1.7pp |
| EPS (Diluted) | $0.50 | $0.43 | $0.42 | 16.3% | 19.0% |
| Free Cash Flow | $72M | $62M | $59M | 15.1% | 21.5% |
| Item | Amount |
|---|---|
| REVENUE | $186M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $123M |
| R&D Expenses | $26M |
| Selling & Marketing | $22M |
| General & Administrative | $18M |
| SG&A Expenses | $41M |
| Other Expenses | -$5M |
| Operating Expenses | $62M |
| Cost & Expenses | $124M |
| OPERATING INCOME | $62M |
| Interest Income | $0 |
| Interest Expense | $241.6K |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $22M |
| EBIT | $58M |
| EBITDA | $80M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $186M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $123M |
| R&D Expenses | $26M |
| Selling & Marketing | $22M |
| General & Administrative | $18M |
| SG&A Expenses | $41M |
| Other Expenses | -$5M |
| Operating Expenses | $62M |
| Cost & Expenses | $124M |
| OPERATING INCOME | $62M |
| Interest Income | $0 |
| Interest Expense | $241.6K |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $22M |
| EBIT | $58M |
| EBITDA | $80M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $43M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $73M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$37M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $16.9K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $72M |
| Net Change in Cash | $39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $279M |
| Short-Term Investments | $0 |
| Net Receivables | $88M |
| Inventory | $206.9K |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $401M |
| PP&E (Net) | $20M |
| Goodwill | $1.0B |
| Intangible Assets | $351M |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $16M |
| Short-Term Debt | $0 |
| Deferred Revenue | $117M |
| Other Current Liabilities | $32M |
| TOTAL CURRENT LIABILITIES | $219M |
| Long-Term Debt | $4M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $38M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $50M |
| TOTAL LIABILITIES | $269M |
| Common Stock | $587M |
| Additional Paid-In Capital | $504M |
| Retained Earnings | $482M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $12M |
| Net Debt | -$267M |
