| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $274M | $251M | $234M | 9.4% | 17.1% |
| Op. Income | $3M | $8M | $14M | -57.8% | -76.2% |
| Gross Margin | 36.1% | 39.5% | 38.6% | -3.4pp | -2.5pp |
| Net Margin | 4.8% | 3.0% | 3.3% | 1.9pp | 1.5pp |
| EPS (Diluted) | $0.31 | $0.18 | $0.18 | 72.2% | 72.2% |
| Free Cash Flow | $11M | $15M | $51M | -25.1% | -78.4% |
| Item | Amount |
|---|---|
| REVENUE | $274M |
| Cost of Revenue | $175M |
| GROSS PROFIT | $99M |
| R&D Expenses | $29M |
| Selling & Marketing | $24M |
| General & Administrative | $40M |
| SG&A Expenses | $64M |
| Other Expenses | $3M |
| Operating Expenses | $96M |
| Cost & Expenses | $271M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $20M |
| EBIT | $11M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $274M |
| Cost of Revenue | $175M |
| GROSS PROFIT | $99M |
| R&D Expenses | $29M |
| Selling & Marketing | $24M |
| General & Administrative | $40M |
| SG&A Expenses | $64M |
| Other Expenses | $3M |
| Operating Expenses | $96M |
| Cost & Expenses | $271M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $20M |
| EBIT | $11M |
| EBITDA | $31M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $822.0K |
| Purchases of Investments | -$77M |
| Sales/Maturities of Investments | $122M |
| Other Investing Activities | -$26.0K |
| NET CASH FROM INVESTING | $28M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $58M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $404M |
| Short-Term Investments | $436M |
| Net Receivables | $182M |
| Inventory | $313M |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $638M |
| Goodwill | $72M |
| Intangible Assets | $50M |
| Long-Term Investments | $77M |
| Tax Assets | $124M |
| Other Non-Current Assets | $41M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $39M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $185M |
| TOTAL CURRENT LIABILITIES | $234M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $62M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $62M |
| TOTAL LIABILITIES | $296M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $2.6B |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | -$38M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $0 |
| Net Debt | -$404M |
