Reported November 26, 2025
| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $214M | $199M | — | 7.6% | — |
| Op. Income | $13M | $39M | — | -67.2% | — |
| Gross Margin | 33.5% | 25.7% | — | 7.9pp | — |
| Net Margin | 1.7% | 8.3% | — | -6.6pp | — |
| EPS (Diluted) | $0.06 | $0.25 | — | -75.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $214M |
| Cost of Revenue | $142M |
| GROSS PROFIT | $72M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $51M |
| Operating Expenses | $59M |
| Cost & Expenses | $201M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $21M |
| EBIT | $9M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $214M |
| Cost of Revenue | $142M |
| GROSS PROFIT | $72M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $51M |
| Operating Expenses | $59M |
| Cost & Expenses | $201M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $21M |
| EBIT | $9M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $218M |
| Short-Term Investments | $50M |
| Net Receivables | $31M |
| Inventory | $34M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $341M |
| PP&E (Net) | $352M |
| Goodwill | $0 |
| Intangible Assets | $259.0K |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $379M |
| TOTAL ASSETS | $720M |
| Account Payables | $34M |
| Short-Term Debt | $0 |
| Deferred Revenue | $10M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $135M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $203M |
| TOTAL LIABILITIES | $338M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $551M |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$170M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $381M |
| Minority Interest | $2M |
| TOTAL EQUITY | $382M |
| TOTAL LIABILITIES & EQUITY | $720M |
| Total Debt | $221M |
| Net Debt | $4M |