| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $83M | $86M | $99M | -3.2% | -15.6% |
| Op. Income | $2M | $1M | $21M | 91.1% | -88.6% |
| Gross Margin | 78.6% | 79.2% | 87.7% | -0.5pp | -9.0pp |
| Net Margin | 1.8% | 2.9% | 17.5% | -1.1pp | -15.6pp |
| EPS (Diluted) | $0.05 | $0.08 | $0.51 | -38.9% | -90.2% |
| Free Cash Flow | $15M | $19M | $37M | -23.1% | -60.4% |
| Item | Amount |
|---|---|
| REVENUE | $83M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $65M |
| R&D Expenses | $14M |
| Selling & Marketing | $27M |
| General & Administrative | $22M |
| SG&A Expenses | $49M |
| Other Expenses | $0 |
| Operating Expenses | $63M |
| Cost & Expenses | $81M |
| OPERATING INCOME | $2M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $1M |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $83M |
| Cost of Revenue | $18M |
| GROSS PROFIT | $65M |
| R&D Expenses | $14M |
| Selling & Marketing | $27M |
| General & Administrative | $22M |
| SG&A Expenses | $49M |
| Other Expenses | $0 |
| Operating Expenses | $63M |
| Cost & Expenses | $81M |
| OPERATING INCOME | $2M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $1M |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$38M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$798.0K |
| NET CASH FROM FINANCING | -$38M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $223M |
| Short-Term Investments | $0 |
| Net Receivables | $213M |
| Inventory | $0 |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $455M |
| PP&E (Net) | $30M |
| Goodwill | $0 |
| Intangible Assets | $22M |
| Long-Term Investments | $5M |
| Tax Assets | $56M |
| Other Non-Current Assets | $962.0K |
| TOTAL NON-CURRENT ASSETS | $114M |
| TOTAL ASSETS | $569M |
| Account Payables | $15M |
| Short-Term Debt | $0 |
| Deferred Revenue | $5M |
| Other Current Liabilities | $82M |
| TOTAL CURRENT LIABILITIES | $207M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $33M |
| TOTAL LIABILITIES | $240M |
| Common Stock | $0 |
| Additional Paid-In Capital | $678M |
| Retained Earnings | -$136M |
| Treasury Stock | -$212M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $330M |
| Minority Interest | $0 |
| TOTAL EQUITY | $330M |
| TOTAL LIABILITIES & EQUITY | $569M |
| Total Debt | $25M |
| Net Debt | -$198M |
