| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $80M | $76M | $74M | 4.2% | 7.4% |
| Op. Income | $2M | $8M | $5M | -68.2% | -48.8% |
| Gross Margin | 63.8% | 65.3% | 66.2% | -1.5pp | -2.4pp |
| Net Margin | 3.2% | 8.0% | 6.6% | -4.8pp | -3.4pp |
| EPS (Diluted) | $0.09 | $0.20 | $0.16 | -57.4% | -46.7% |
| Free Cash Flow | $13M | $18M | $11M | -27.5% | 18.5% |
| Item | Amount |
|---|---|
| REVENUE | $80M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $51M |
| R&D Expenses | $15M |
| Selling & Marketing | $13M |
| General & Administrative | $9M |
| SG&A Expenses | $23M |
| Other Expenses | $11M |
| Operating Expenses | $48M |
| Cost & Expenses | $77M |
| OPERATING INCOME | $2M |
| Interest Income | $689.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $448.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $316.0K |
| 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 | $11M |
| EBIT | $3M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $80M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $51M |
| R&D Expenses | $15M |
| Selling & Marketing | $13M |
| General & Administrative | $9M |
| SG&A Expenses | $23M |
| Other Expenses | $11M |
| Operating Expenses | $48M |
| Cost & Expenses | $77M |
| OPERATING INCOME | $2M |
| Interest Income | $689.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $448.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $316.0K |
| 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 | $11M |
| EBIT | $3M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $62.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$204.0K |
| Acquisitions (Net) | -$35M |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $21M |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$920.0K |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $21M |
| Net Receivables | $39M |
| Inventory | $0 |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $120M |
| PP&E (Net) | $26M |
| Goodwill | $218M |
| Intangible Assets | $65M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $92M |
| TOTAL NON-CURRENT ASSETS | $401M |
| TOTAL ASSETS | $520M |
| Account Payables | $36M |
| Short-Term Debt | $0 |
| Deferred Revenue | $88M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $124M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $42M |
| TOTAL LIABILITIES | $166M |
| Common Stock | $232M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $124M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $354M |
| Minority Interest | $0 |
| TOTAL EQUITY | $354M |
| TOTAL LIABILITIES & EQUITY | $520M |
| Total Debt | $15M |
| Net Debt | -$21M |
