| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $202M | — | $184M | — | 9.5% |
| Op. Income | $10M | — | $8M | — | 15.1% |
| Gross Margin | 60.4% | — | 61.9% | — | -1.5pp |
| Net Margin | 4.2% | — | 4.4% | — | -0.2pp |
| EPS (Diluted) | $0.51 | — | $0.49 | — | 4.1% |
| Free Cash Flow | $3M | — | $9M | — | -67.5% |
| Item | Amount |
|---|---|
| REVENUE | $202M |
| Cost of Revenue | $80M |
| GROSS PROFIT | $122M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $112M |
| Operating Expenses | $112M |
| Cost & Expenses | $192M |
| OPERATING INCOME | $10M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $6M |
| EBIT | $11M |
| EBITDA | $17M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $202M |
| Cost of Revenue | $80M |
| GROSS PROFIT | $122M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $112M |
| Operating Expenses | $112M |
| Cost & Expenses | $192M |
| OPERATING INCOME | $10M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $6M |
| EBIT | $11M |
| EBITDA | $17M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $38.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$26.0K |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $132M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $96M |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $249M |
| PP&E (Net) | $368M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $19M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $400M |
| TOTAL ASSETS | $649M |
| Account Payables | $15M |
| Short-Term Debt | $36M |
| Deferred Revenue | $36M |
| Other Current Liabilities | $47M |
| TOTAL CURRENT LIABILITIES | $133M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $208M |
| TOTAL LIABILITIES | $341M |
| Common Stock | $32M |
| Additional Paid-In Capital | $123M |
| Retained Earnings | $418M |
| Treasury Stock | -$265M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $308M |
| Minority Interest | $0 |
| TOTAL EQUITY | $308M |
| TOTAL LIABILITIES & EQUITY | $649M |
| Total Debt | $216M |
| Net Debt | $85M |
