| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $269M | $261M | $270M | 3.1% | -0.2% |
| Op. Income | $20M | $28M | $15M | -28.6% | 37.4% |
| Gross Margin | 18.1% | 21.4% | 18.5% | -3.3pp | -0.4pp |
| Net Margin | 5.0% | 7.7% | 3.7% | -2.7pp | 1.3pp |
| EPS (Diluted) | $1.15 | $1.72 | $0.86 | -33.1% | 33.7% |
| Free Cash Flow | $23M | -$38M | $24M | 161.3% | -5.5% |
| Item | Amount |
|---|---|
| REVENUE | $269M |
| Cost of Revenue | $220M |
| GROSS PROFIT | $49M |
| R&D Expenses | $0 |
| Selling & Marketing | $18M |
| General & Administrative | $11M |
| SG&A Expenses | $29M |
| Other Expenses | -$453.0K |
| Operating Expenses | $29M |
| Cost & Expenses | $249M |
| OPERATING INCOME | $20M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $8M |
| EBIT | $19M |
| EBITDA | $28M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $269M |
| Cost of Revenue | $220M |
| GROSS PROFIT | $49M |
| R&D Expenses | $0 |
| Selling & Marketing | $18M |
| General & Administrative | $11M |
| SG&A Expenses | $29M |
| Other Expenses | -$453.0K |
| Operating Expenses | $29M |
| Cost & Expenses | $249M |
| OPERATING INCOME | $20M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $8M |
| EBIT | $19M |
| EBITDA | $28M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $910.0K |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5.0K |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$24M |
| Common Stock Repurchased | $490.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$490.0K |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | -$710.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $585.0K |
| Short-Term Investments | $0 |
| Net Receivables | $77M |
| Inventory | $255M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $346M |
| PP&E (Net) | $177M |
| Goodwill | $12M |
| Intangible Assets | $4M |
| Long-Term Investments | $29M |
| Tax Assets | $6M |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $251M |
| TOTAL ASSETS | $598M |
| Account Payables | $60M |
| Short-Term Debt | $63M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $156M |
| Long-Term Debt | $15M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $81M |
| TOTAL LIABILITIES | $237M |
| Common Stock | $118.0K |
| Additional Paid-In Capital | $140M |
| Retained Earnings | $221M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $564.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $361M |
| Minority Interest | $0 |
| TOTAL EQUITY | $361M |
| TOTAL LIABILITIES & EQUITY | $598M |
| Total Debt | $102M |
| Net Debt | $102M |
