| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $147M | $144M | $141M | 2.4% | 4.6% |
| Op. Income | $28M | $33M | $29M | -14.2% | -1.0% |
| Gross Margin | 65.9% | 70.2% | 66.1% | -4.3pp | -0.2pp |
| Net Margin | 15.7% | 18.3% | 15.9% | -2.6pp | -0.2pp |
| EPS (Diluted) | $0.82 | $0.93 | $0.79 | -11.8% | 3.8% |
| Free Cash Flow | $48M | $13M | $47M | 265.8% | 1.2% |
| Item | Amount |
|---|---|
| REVENUE | $147M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $97M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $45M |
| SG&A Expenses | $45M |
| Other Expenses | $24M |
| Operating Expenses | $69M |
| Cost & Expenses | $119M |
| OPERATING INCOME | $28M |
| Interest Income | $121M |
| Interest Expense | $40M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $3M |
| EBIT | $28M |
| EBITDA | $31M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $147M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $97M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $45M |
| SG&A Expenses | $45M |
| Other Expenses | $24M |
| Operating Expenses | $69M |
| Cost & Expenses | $119M |
| OPERATING INCOME | $28M |
| Interest Income | $121M |
| Interest Expense | $40M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $3M |
| EBIT | $28M |
| EBITDA | $31M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $49M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$589.0K |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | -$185M |
| NET CASH FROM INVESTING | -$178M |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | -$241.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $48M |
| Net Change in Cash | -$125M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $660M |
| Short-Term Investments | $303.0K |
| Net Receivables | $35M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $695M |
| PP&E (Net) | $82M |
| Goodwill | $93M |
| Intangible Assets | $91M |
| Long-Term Investments | $7.2B |
| Tax Assets | $36M |
| Other Non-Current Assets | $305M |
| TOTAL NON-CURRENT ASSETS | $7.8B |
| TOTAL ASSETS | $8.5B |
| Account Payables | $8M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.1B |
| TOTAL CURRENT LIABILITIES | $7.1B |
| Long-Term Debt | $76M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $168M |
| TOTAL NON-CURRENT LIABILITIES | $245M |
| TOTAL LIABILITIES | $7.4B |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $549M |
| Retained Earnings | $606M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $8.5B |
| Total Debt | $86M |
| Net Debt | -$574M |
