| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $154M | $169M | $155M | -9.4% | -0.9% |
| Op. Income | $11M | $24M | $14M | -52.4% | -16.1% |
| Gross Margin | 29.1% | 31.6% | 29.5% | -2.5pp | -0.4pp |
| Net Margin | 7.0% | 11.5% | 8.2% | -4.5pp | -1.2pp |
| EPS (Diluted) | $0.99 | $1.78 | $1.17 | -44.4% | -15.4% |
| Free Cash Flow | $50M | $26M | $48M | 94.0% | 4.5% |
| Item | Amount |
|---|---|
| REVENUE | $154M |
| Cost of Revenue | $109M |
| GROSS PROFIT | $45M |
| R&D Expenses | $5M |
| Selling & Marketing | $10M |
| General & Administrative | $18M |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $142M |
| OPERATING INCOME | $11M |
| Interest Income | $2M |
| Interest Expense | $334.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $5M |
| EBIT | $14M |
| EBITDA | $19M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $154M |
| Cost of Revenue | $109M |
| GROSS PROFIT | $45M |
| R&D Expenses | $5M |
| Selling & Marketing | $10M |
| General & Administrative | $18M |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $142M |
| OPERATING INCOME | $11M |
| Interest Income | $2M |
| Interest Expense | $334.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $5M |
| EBIT | $14M |
| EBITDA | $19M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $953.0K |
| Other Non-Cash Items | $222.0K |
| Change in Working Capital | $45M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $2.0K |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | -$888.0K |
| NET CASH FROM INVESTING | -$131.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $66.0K |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $50M |
| Net Change in Cash | $54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $251M |
| Short-Term Investments | $0 |
| Net Receivables | $113M |
| Inventory | $137M |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $533M |
| PP&E (Net) | $160M |
| Goodwill | $84M |
| Intangible Assets | $23M |
| Long-Term Investments | $9M |
| Tax Assets | $20M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $308M |
| TOTAL ASSETS | $841M |
| Account Payables | $49M |
| Short-Term Debt | $233.0K |
| Deferred Revenue | $18M |
| Other Current Liabilities | $64M |
| TOTAL CURRENT LIABILITIES | $144M |
| Long-Term Debt | $115M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $31M |
| TOTAL NON-CURRENT LIABILITIES | $164M |
| TOTAL LIABILITIES | $308M |
| Common Stock | $19M |
| Additional Paid-In Capital | $113M |
| Retained Earnings | $745M |
| Treasury Stock | -$311M |
| Accum. Other Comp. Income | -$34M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $533M |
| Minority Interest | $0 |
| TOTAL EQUITY | $533M |
| TOTAL LIABILITIES & EQUITY | $841M |
| Total Debt | $137M |
| Net Debt | -$114M |
