| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $179M | $181M | — | -1.2% | — |
| Op. Income | $9M | $7M | — | 25.2% | — |
| Gross Margin | 67.7% | 68.1% | — | -0.4pp | — |
| Net Margin | 1.7% | -8.0% | — | 9.7pp | — |
| EPS (Diluted) | $0.02 | $-0.11 | — | 120.3% | — |
| Free Cash Flow | $27M | $14M | — | 89.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $179M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $121M |
| R&D Expenses | $30M |
| Selling & Marketing | $66M |
| General & Administrative | $17M |
| SG&A Expenses | $82M |
| Other Expenses | $0 |
| Operating Expenses | $112M |
| Cost & Expenses | $170M |
| OPERATING INCOME | $9M |
| Interest Income | $768.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $908.0K |
| 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 | $10M |
| EBIT | $10M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $179M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $121M |
| R&D Expenses | $30M |
| Selling & Marketing | $66M |
| General & Administrative | $17M |
| SG&A Expenses | $82M |
| Other Expenses | $0 |
| Operating Expenses | $112M |
| Cost & Expenses | $170M |
| OPERATING INCOME | $9M |
| Interest Income | $768.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $908.0K |
| 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 | $10M |
| EBIT | $10M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $18M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$456.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$33M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$960.0K |
| NET CASH FROM FINANCING | -$34M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $104M |
| Short-Term Investments | $0 |
| Net Receivables | $52M |
| Inventory | $0 |
| Other Current Assets | $44M |
| TOTAL CURRENT ASSETS | $219M |
| PP&E (Net) | $82M |
| Goodwill | $266M |
| Intangible Assets | $71M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $59M |
| TOTAL NON-CURRENT ASSETS | $479M |
| TOTAL ASSETS | $698M |
| Account Payables | $53M |
| Short-Term Debt | $17M |
| Deferred Revenue | $33M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $176M |
| Long-Term Debt | $348M |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $409M |
| TOTAL LIABILITIES | $585M |
| Common Stock | $131.0K |
| Additional Paid-In Capital | $999M |
| Retained Earnings | -$882M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $113M |
| Minority Interest | $0 |
| TOTAL EQUITY | $113M |
| TOTAL LIABILITIES & EQUITY | $698M |
| Total Debt | $426M |
| Net Debt | $322M |
