| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $113M | $107M | $124M | 5.2% | -9.2% |
| Op. Income | $8M | $2M | $1M | 282.6% | 607.6% |
| Gross Margin | 34.0% | 32.8% | 29.9% | 1.2pp | 4.1pp |
| Net Margin | 4.8% | 14.8% | -2.3% | -10.0pp | 7.1pp |
| EPS (Diluted) | $1.24 | $5.05 | $-0.91 | -75.4% | 236.3% |
| Free Cash Flow | $11M | -$2M | $10M | 578.3% | 7.0% |
| Item | Amount |
|---|---|
| REVENUE | $113M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $38M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $26M |
| SG&A Expenses | $30M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$548.0K |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $5M |
| EBIT | $11M |
| EBITDA | $17M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $113M |
| Cost of Revenue | $74M |
| GROSS PROFIT | $38M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $26M |
| SG&A Expenses | $30M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$548.0K |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $5M |
| EBIT | $11M |
| EBITDA | $17M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $50.0K |
| Deferred Income Tax | $591.0K |
| Other Non-Cash Items | $235.0K |
| Change in Working Capital | $617.0K |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | -$112.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $694.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $0 |
| Net Receivables | $39M |
| Inventory | $120M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $170M |
| PP&E (Net) | $134M |
| Goodwill | $61M |
| Intangible Assets | $21M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $218M |
| TOTAL ASSETS | $387M |
| Account Payables | $25M |
| Short-Term Debt | $34M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $103M |
| Long-Term Debt | $87M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $190M |
| TOTAL LIABILITIES | $293M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $76M |
| Retained Earnings | $28M |
| Treasury Stock | -$10M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $94M |
| Minority Interest | $0 |
| TOTAL EQUITY | $94M |
| TOTAL LIABILITIES & EQUITY | $387M |
| Total Debt | $223M |
| Net Debt | $215M |
