| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $127M | $123M | $104M | 2.9% | 22.4% |
| Op. Income | $29M | $31M | $23M | -5.7% | 27.0% |
| Gross Margin | 52.7% | 47.7% | 51.1% | 5.0pp | 1.6pp |
| Net Margin | 21.8% | 13.6% | 8.4% | 8.2pp | 13.4pp |
| EPS (Diluted) | $0.29 | $0.17 | $0.09 | 70.6% | 207.9% |
| Free Cash Flow | $27M | $21M | $15M | 28.6% | 82.9% |
| Item | Amount |
|---|---|
| REVENUE | $127M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $67M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $2M |
| Operating Expenses | $38M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $29M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $13M |
| EBIT | $29M |
| EBITDA | $42M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $127M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $67M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $2M |
| Operating Expenses | $38M |
| Cost & Expenses | $98M |
| OPERATING INCOME | $29M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $13M |
| EBIT | $29M |
| EBITDA | $42M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $406.0K |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$33M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $99M |
| Short-Term Investments | $0 |
| Net Receivables | $80M |
| Inventory | $105M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $295M |
| PP&E (Net) | $86M |
| Goodwill | $706M |
| Intangible Assets | $424M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $18M |
| Short-Term Debt | $960.0K |
| Deferred Revenue | $4M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $50M |
| Long-Term Debt | $279M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $34M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $324M |
| TOTAL LIABILITIES | $374M |
| Common Stock | $936.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $39M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$516.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $289M |
| Net Debt | $190M |
