| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $169M | $187M | $139M | -9.4% | 21.7% |
| Op. Income | $24M | $32M | $20M | -25.9% | 19.3% |
| Gross Margin | 31.6% | 33.4% | 33.4% | -1.8pp | -1.8pp |
| Net Margin | 11.5% | 14.2% | 14.6% | -2.7pp | -3.1pp |
| EPS (Diluted) | $1.78 | $2.44 | $1.85 | -27.0% | -3.8% |
| Free Cash Flow | $26M | $3M | $26M | 926.0% | -0.4% |
| Item | Amount |
|---|---|
| REVENUE | $169M |
| Cost of Revenue | $116M |
| GROSS PROFIT | $54M |
| R&D Expenses | $5M |
| Selling & Marketing | $10M |
| General & Administrative | $15M |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $146M |
| OPERATING INCOME | $24M |
| Interest Income | $2M |
| Interest Expense | $345.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $5M |
| EBIT | $26M |
| EBITDA | $31M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $169M |
| Cost of Revenue | $116M |
| GROSS PROFIT | $54M |
| R&D Expenses | $5M |
| Selling & Marketing | $10M |
| General & Administrative | $15M |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $146M |
| OPERATING INCOME | $24M |
| Interest Income | $2M |
| Interest Expense | $345.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $5M |
| EBIT | $26M |
| EBITDA | $31M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $121.0K |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $584.0K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $196M |
| Short-Term Investments | $15M |
| Net Receivables | $148M |
| Inventory | $150M |
| Other Current Assets | $38M |
| TOTAL CURRENT ASSETS | $547M |
| PP&E (Net) | $148M |
| Goodwill | $84M |
| Intangible Assets | $24M |
| Long-Term Investments | $8M |
| Tax Assets | $19M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $294M |
| TOTAL ASSETS | $841M |
| Account Payables | $47M |
| Short-Term Debt | $232.0K |
| Deferred Revenue | $25M |
| Other Current Liabilities | $57M |
| TOTAL CURRENT LIABILITIES | $150M |
| Long-Term Debt | $115M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $693.0K |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $162M |
| TOTAL LIABILITIES | $312M |
| Common Stock | $19M |
| Additional Paid-In Capital | $111M |
| Retained Earnings | $739M |
| Treasury Stock | -$302M |
| Accum. Other Comp. Income | -$37M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $529M |
| Minority Interest | $0 |
| TOTAL EQUITY | $529M |
| TOTAL LIABILITIES & EQUITY | $841M |
| Total Debt | $135M |
| Net Debt | -$61M |
