| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $147M | $148M | $176M | -0.4% | -16.3% |
| Op. Income | $16M | $16M | $10M | 1.0% | 60.9% |
| Gross Margin | 77.3% | 77.4% | 66.4% | -0.1pp | 10.9pp |
| Net Margin | 7.5% | 5.5% | -5.2% | 2.0pp | 12.7pp |
| EPS (Diluted) | $0.06 | $0.04 | $-0.05 | 36.9% | 221.7% |
| Free Cash Flow | $32M | $19M | $23M | 67.3% | 37.3% |
| Item | Amount |
|---|---|
| REVENUE | $147M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $114M |
| R&D Expenses | $19M |
| Selling & Marketing | $27M |
| General & Administrative | $34M |
| SG&A Expenses | $60M |
| Other Expenses | $19M |
| Operating Expenses | $98M |
| Cost & Expenses | $132M |
| OPERATING INCOME | $16M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $5M |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $8M |
| EBIT | $16M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $147M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $114M |
| R&D Expenses | $19M |
| Selling & Marketing | $27M |
| General & Administrative | $34M |
| SG&A Expenses | $60M |
| Other Expenses | $19M |
| Operating Expenses | $98M |
| Cost & Expenses | $132M |
| OPERATING INCOME | $16M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $5M |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $8M |
| EBIT | $16M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$941.0K |
| Acquisitions (Net) | -$36M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$43M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$31M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$244.0K |
| NET CASH FROM FINANCING | -$33M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | -$44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $107M |
| Short-Term Investments | $0 |
| Net Receivables | $50M |
| Inventory | $0 |
| Other Current Assets | $62M |
| TOTAL CURRENT ASSETS | $236M |
| PP&E (Net) | $15M |
| Goodwill | $894M |
| Intangible Assets | $231M |
| Long-Term Investments | $93.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.4B |
| Account Payables | $7M |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $49M |
| TOTAL CURRENT LIABILITIES | $117M |
| Long-Term Debt | $524M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $558M |
| TOTAL LIABILITIES | $675M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$650M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $729M |
| Minority Interest | $0 |
| TOTAL EQUITY | $729M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $544M |
| Net Debt | $437M |
