| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $153M | $146M | $143M | 4.8% | 7.3% |
| Op. Income | $26M | $18M | $19M | 46.6% | 39.6% |
| Gross Margin | 43.2% | 40.8% | 41.1% | 2.4pp | 2.1pp |
| Net Margin | 11.4% | 5.3% | 2.0% | 6.0pp | 9.4pp |
| EPS (Diluted) | $0.20 | $0.09 | $0.03 | 124.7% | 541.0% |
| Free Cash Flow | $21M | $31M | $49M | -31.6% | -56.4% |
| Item | Amount |
|---|---|
| REVENUE | $153M |
| Cost of Revenue | $87M |
| GROSS PROFIT | $66M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | -$600.0K |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $9M |
| EBIT | $25M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $153M |
| Cost of Revenue | $87M |
| GROSS PROFIT | $66M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | -$600.0K |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $9M |
| EBIT | $25M |
| EBITDA | $34M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$500.0K |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | -$20M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$200.0K |
| NET CASH FROM FINANCING | -$32M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $93M |
| Short-Term Investments | $0 |
| Net Receivables | $108M |
| Inventory | $124M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $334M |
| PP&E (Net) | $151M |
| Goodwill | $270M |
| Intangible Assets | $145M |
| Long-Term Investments | $77M |
| Tax Assets | $0 |
| Other Non-Current Assets | $111M |
| TOTAL NON-CURRENT ASSETS | $754M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $41M |
| Short-Term Debt | $72M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $25M |
| TOTAL CURRENT LIABILITIES | $176M |
| Long-Term Debt | $121M |
| Deferred Revenue NC | $20M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $160M |
| TOTAL LIABILITIES | $336M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$590M |
| Treasury Stock | -$261M |
| Accum. Other Comp. Income | -$129M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $752M |
| Minority Interest | $0 |
| TOTAL EQUITY | $752M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $214M |
| Net Debt | $122M |
