| Metric | Q4 2026 | Q3 2026 | Q4 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $444M | $416M | $346M | 6.8% | 28.3% |
| Op. Income | $9M | -$2M | -$17M | 624.1% | 152.6% |
| Gross Margin | 76.2% | 76.7% | 76.8% | -0.5pp | -0.6pp |
| Net Margin | 5.0% | 1.9% | -3.2% | 3.1pp | 8.2pp |
| EPS (Diluted) | $0.04 | $0.01 | $-0.02 | 182.0% | 288.4% |
| Free Cash Flow | $62M | $56M | $49M | 10.5% | 27.2% |
| Item | Amount |
|---|---|
| REVENUE | $444M |
| Cost of Revenue | $106M |
| GROSS PROFIT | $338M |
| R&D Expenses | $90M |
| Selling & Marketing | $176M |
| General & Administrative | $64M |
| SG&A Expenses | $240M |
| Other Expenses | $0 |
| Operating Expenses | $329M |
| Cost & Expenses | $435M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $19M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $5M |
| 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 | $7M |
| EBIT | $9M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $444M |
| Cost of Revenue | $106M |
| GROSS PROFIT | $338M |
| R&D Expenses | $90M |
| Selling & Marketing | $176M |
| General & Administrative | $64M |
| SG&A Expenses | $240M |
| Other Expenses | $0 |
| Operating Expenses | $329M |
| Cost & Expenses | $435M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $19M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $5M |
| 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 | $7M |
| EBIT | $9M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $79M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$36M |
| OPERATING CASH FLOW | $70M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$230M |
| Sales/Maturities of Investments | $184M |
| Other Investing Activities | -$150.0K |
| NET CASH FROM INVESTING | -$55M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$87.0K |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | $62M |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $319M |
| Short-Term Investments | $515M |
| Net Receivables | $321M |
| Inventory | $48M |
| Other Current Assets | $304M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $142M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $403M |
| Tax Assets | $0 |
| Other Non-Current Assets | $489M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $48M |
| Short-Term Debt | $13M |
| Deferred Revenue | $679M |
| Other Current Liabilities | $177M |
| TOTAL CURRENT LIABILITIES | $917M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $130M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $203M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $36.0K |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | -$1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $73M |
| Net Debt | -$246M |
