| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $261M | $247M | $238M | 5.5% | 9.6% |
| Op. Income | $55M | $52M | $48M | 7.0% | 15.1% |
| Gross Margin | 49.7% | 49.0% | 50.0% | 0.6pp | -0.3pp |
| Net Margin | 6.2% | 16.8% | 17.4% | -10.6pp | -11.2pp |
| EPS (Diluted) | $0.58 | $1.48 | $1.42 | -60.8% | -59.2% |
| Free Cash Flow | -$58M | $115M | -$39M | -150.5% | -50.3% |
| Item | Amount |
|---|---|
| REVENUE | $261M |
| Cost of Revenue | $131M |
| GROSS PROFIT | $130M |
| R&D Expenses | $0 |
| Selling & Marketing | $59M |
| General & Administrative | $15M |
| SG&A Expenses | $74M |
| Other Expenses | $0 |
| Operating Expenses | $74M |
| Cost & Expenses | $206M |
| OPERATING INCOME | $55M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $10M |
| EBIT | $22M |
| EBITDA | $32M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $261M |
| Cost of Revenue | $131M |
| GROSS PROFIT | $130M |
| R&D Expenses | $0 |
| Selling & Marketing | $59M |
| General & Administrative | $15M |
| SG&A Expenses | $74M |
| Other Expenses | $0 |
| Operating Expenses | $74M |
| Cost & Expenses | $206M |
| OPERATING INCOME | $55M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $10M |
| EBIT | $22M |
| EBITDA | $32M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | $38M |
| Change in Working Capital | -$128M |
| OPERATING CASH FLOW | -$49M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$34M |
| Sales/Maturities of Investments | $35M |
| Other Investing Activities | $453.0K |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$39M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$39M |
| FREE CASH FLOW | -$58M |
| Net Change in Cash | -$95M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $97M |
| Short-Term Investments | $0 |
| Net Receivables | $122M |
| Inventory | $0 |
| Other Current Assets | $215M |
| TOTAL CURRENT ASSETS | $434M |
| PP&E (Net) | $280M |
| Goodwill | $161M |
| Intangible Assets | $154M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $599M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $19M |
| Short-Term Debt | $14M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $99M |
| TOTAL CURRENT LIABILITIES | $137M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $40M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $138M |
| TOTAL LIABILITIES | $275M |
| Common Stock | $542.0K |
| Additional Paid-In Capital | $347M |
| Retained Earnings | $2.6B |
| Treasury Stock | -$2.2B |
| Accum. Other Comp. Income | $551.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $758M |
| Minority Interest | $0 |
| TOTAL EQUITY | $758M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $111M |
| Net Debt | $13M |
