| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $228M | $247M | $219M | -7.5% | 4.4% |
| Op. Income | -$14M | -$2M | -$14M | -577.5% | -4.5% |
| Gross Margin | 15.6% | 13.4% | 11.4% | 2.2pp | 4.2pp |
| Net Margin | -7.3% | 0.6% | -11.5% | -7.9pp | 4.2pp |
| EPS (Diluted) | $-0.07 | $0.01 | $-0.11 | -1350.0% | 33.3% |
| Item | Amount |
|---|---|
| REVENUE | $228M |
| Cost of Revenue | $192M |
| GROSS PROFIT | $36M |
| R&D Expenses | $16M |
| Selling & Marketing | -$28M |
| General & Administrative | -$27M |
| SG&A Expenses | $28M |
| Other Expenses | $6M |
| Operating Expenses | $50M |
| Cost & Expenses | $242M |
| OPERATING INCOME | -$14M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | $191.9K |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | -$6M |
| EBIT | -$18M |
| EBITDA | -$23M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $103M |
| Short-Term Investments | $457M |
| Net Receivables | $35M |
| Inventory | $0 |
| Other Current Assets | $122M |
| TOTAL CURRENT ASSETS | $717M |
| PP&E (Net) | $133M |
| Goodwill | $66M |
| Intangible Assets | $19M |
| Long-Term Investments | $43M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $262M |
| TOTAL ASSETS | $980M |
| Account Payables | $35M |
| Short-Term Debt | $3M |
| Deferred Revenue | $33M |
| Other Current Liabilities | $173M |
| TOTAL CURRENT LIABILITIES | $253M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $2 |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $260M |
| Common Stock | $22.2K |
| Additional Paid-In Capital | $945M |
| Retained Earnings | -$324M |
| Treasury Stock | -$19M |
| Accum. Other Comp. Income | $117M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $719M |
| Minority Interest | $0 |
| TOTAL EQUITY | $719M |
| TOTAL LIABILITIES & EQUITY | $980M |
| Total Debt | $3M |
| Net Debt | -$100M |
