| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $537M | $549M | $589M | -2.2% | -8.9% |
| Op. Income | $14M | $11M | $8M | 29.6% | 66.6% |
| Gross Margin | 37.4% | 37.9% | 34.8% | -0.5pp | 2.6pp |
| Net Margin | -0.6% | 6.4% | -5.6% | -7.1pp | 5.0pp |
| EPS (Diluted) | $-0.14 | $1.43 | $-1.35 | -109.8% | 89.6% |
| Free Cash Flow | $28M | -$11M | $22M | 356.0% | 28.2% |
| Item | Amount |
|---|---|
| REVENUE | $537M |
| Cost of Revenue | $336M |
| GROSS PROFIT | $201M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $153M |
| Other Expenses | $13M |
| Operating Expenses | $187M |
| Cost & Expenses | $523M |
| OPERATING INCOME | $14M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | -$4M |
| Income Tax Expense | -$658.0K |
| 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 | $51M |
| EBIT | $16M |
| EBITDA | $67M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $52M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $18M |
| Change in Working Capital | -$26M |
| OPERATING CASH FLOW | $57M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$948.0K |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | -$26M |
| Common Stock Repurchased | -$31.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$26M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | -$293.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $300M |
| Short-Term Investments | $0 |
| Net Receivables | $217M |
| Inventory | $622M |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $513M |
| Goodwill | $1.5B |
| Intangible Assets | $665M |
| Long-Term Investments | $134M |
| Tax Assets | $24M |
| Other Non-Current Assets | $61M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $4.1B |
| Account Payables | $172M |
| Short-Term Debt | $0 |
| Deferred Revenue | $29M |
| Other Current Liabilities | $80M |
| TOTAL CURRENT LIABILITIES | $493M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $41M |
| Other Non-Current Liabilities | $77M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $707M |
| Treasury Stock | -$12.0K |
| Accum. Other Comp. Income | -$33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $1.4B |
| Net Debt | $1.1B |
