| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $590M | $587M | — | 0.5% | — |
| Op. Income | -$20M | $575.0K | — | -3647.5% | — |
| Gross Margin | 64.8% | 65.6% | — | -0.8pp | — |
| Net Margin | -3.7% | 36.0% | — | -39.7pp | — |
| EPS (Diluted) | $-0.27 | $2.57 | — | -110.5% | — |
| Free Cash Flow | $25M | -$7M | — | 450.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $590M |
| Cost of Revenue | $207M |
| GROSS PROFIT | $382M |
| R&D Expenses | $49M |
| Selling & Marketing | $188M |
| General & Administrative | $132M |
| SG&A Expenses | $321M |
| Other Expenses | $33M |
| Operating Expenses | $403M |
| Cost & Expenses | $610M |
| OPERATING INCOME | -$20M |
| Interest Income | $11M |
| Interest Expense | $28M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | -$49M |
| Income Tax Expense | -$27M |
| Net Income from Continuing Ops | -$22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$22M |
| D&A | $33M |
| EBIT | -$21M |
| EBITDA | $11M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$22M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$112M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$120M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | -$88M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $0 |
| Net Receivables | $397M |
| Inventory | $0 |
| Other Current Assets | $113M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $299M |
| Goodwill | $2.0B |
| Intangible Assets | $484M |
| Long-Term Investments | $2.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $243M |
| TOTAL NON-CURRENT ASSETS | $5.7B |
| TOTAL ASSETS | $7.2B |
| Account Payables | $43M |
| Short-Term Debt | $23M |
| Deferred Revenue | $64M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $592M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $107M |
| Other Non-Current Liabilities | $239M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $9.0K |
| Additional Paid-In Capital | $5.9B |
| Retained Earnings | -$566M |
| Treasury Stock | -$555M |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $53M |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $7.2B |
| Total Debt | $1.4B |
| Net Debt | $424M |
