| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $74M | $74M | $74M | 0.5% | 0.7% |
| Op. Income | $26M | $27M | $27M | -3.1% | -5.4% |
| Gross Margin | 81.4% | 79.8% | 78.1% | 1.6pp | 3.2pp |
| Net Margin | 25.5% | 26.7% | 27.5% | -1.2pp | -2.0pp |
| EPS (Diluted) | $0.60 | $0.63 | $0.64 | -4.8% | -6.3% |
| Free Cash Flow | $137M | $15M | $16M | 821.1% | 773.8% |
| Item | Amount |
|---|---|
| REVENUE | $74M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $60M |
| R&D Expenses | $0 |
| Selling & Marketing | $33M |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $1M |
| Operating Expenses | $35M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $26M |
| Interest Income | $64M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $643.0K |
| EBIT | $26M |
| EBITDA | $27M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $74M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $60M |
| R&D Expenses | $0 |
| Selling & Marketing | $33M |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $1M |
| Operating Expenses | $35M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $26M |
| Interest Income | $64M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $643.0K |
| EBIT | $26M |
| EBITDA | $27M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $142M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$66M |
| NET CASH FROM INVESTING | -$66M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | -$587.0K |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $12M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | $137M |
| Net Change in Cash | -$143M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $813M |
| Net Receivables | $24M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $861M |
| PP&E (Net) | $74M |
| Goodwill | $60M |
| Intangible Assets | $15M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $150M |
| TOTAL ASSETS | $5.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.0B |
| TOTAL CURRENT LIABILITIES | $3.0B |
| Long-Term Debt | $65M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $329.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $367M |
| Treasury Stock | -$27M |
| Accum. Other Comp. Income | $275M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $615M |
| Minority Interest | $0 |
| TOTAL EQUITY | $615M |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $65M |
| Net Debt | $41M |
