| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $225M | $217M | $203M | 3.4% | 10.5% |
| Op. Income | $10M | -$3M | $14M | 390.8% | -32.6% |
| Gross Margin | 85.8% | 84.0% | 84.1% | 1.8pp | 1.8pp |
| Net Margin | 4.4% | -1.7% | 9.1% | 6.1pp | -4.7pp |
| EPS (Diluted) | $0.34 | $-0.12 | $0.60 | 383.3% | -43.3% |
| Free Cash Flow | $58M | -$6M | $44M | 1020.1% | 31.2% |
| Item | Amount |
|---|---|
| REVENUE | $225M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $193M |
| R&D Expenses | $24M |
| Selling & Marketing | $36M |
| General & Administrative | $122M |
| SG&A Expenses | $159M |
| Other Expenses | $0 |
| Operating Expenses | $183M |
| Cost & Expenses | $215M |
| OPERATING INCOME | $10M |
| Interest Income | $4M |
| Interest Expense | $11.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $4M |
| EBIT | $14M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $225M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $193M |
| R&D Expenses | $24M |
| Selling & Marketing | $36M |
| General & Administrative | $122M |
| SG&A Expenses | $159M |
| Other Expenses | $0 |
| Operating Expenses | $183M |
| Cost & Expenses | $215M |
| OPERATING INCOME | $10M |
| Interest Income | $4M |
| Interest Expense | $11.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $4M |
| EBIT | $14M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $30M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$24.0K |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $69M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$76M |
| Sales/Maturities of Investments | $75M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$51M |
| FREE CASH FLOW | $58M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $113M |
| Short-Term Investments | $210M |
| Net Receivables | $108M |
| Inventory | $142M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $586M |
| PP&E (Net) | $116M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $105M |
| Tax Assets | $0 |
| Other Non-Current Assets | $898.0K |
| TOTAL NON-CURRENT ASSETS | $221M |
| TOTAL ASSETS | $808M |
| Account Payables | $59M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $111M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $111.0K |
| TOTAL NON-CURRENT LIABILITIES | $30M |
| TOTAL LIABILITIES | $141M |
| Common Stock | $29.0K |
| Additional Paid-In Capital | $948M |
| Retained Earnings | -$283M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $639.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $666M |
| Minority Interest | $0 |
| TOTAL EQUITY | $666M |
| TOTAL LIABILITIES & EQUITY | $808M |
| Total Debt | $33M |
| Net Debt | -$80M |
