| Metric | FY 2025 | Prior Q | FY 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $148M | — | $92M | — | 61.2% |
| Op. Income | $54M | — | $46M | — | 17.0% |
| Gross Margin | 50.5% | — | 50.4% | — | 0.1pp |
| Net Margin | 22.7% | — | 20.8% | — | 1.9pp |
| EPS (Diluted) | $0.41 | — | $0.26 | — | 57.7% |
| Free Cash Flow | $41M | — | $22M | — | 88.5% |
| Item | Amount |
|---|---|
| REVENUE | $148M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $75M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $10M |
| Operating Expenses | $21M |
| Cost & Expenses | $94M |
| OPERATING INCOME | $54M |
| Interest Income | $566.0K |
| Interest Expense | $1M |
| Other Income/Expenses | $438.0K |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $8M |
| EBIT | $56M |
| EBITDA | $64M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $148M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $75M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $10M |
| Operating Expenses | $21M |
| Cost & Expenses | $94M |
| OPERATING INCOME | $54M |
| Interest Income | $566.0K |
| Interest Expense | $1M |
| Other Income/Expenses | $438.0K |
| INCOME BEFORE TAX | $55M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $8M |
| EBIT | $56M |
| EBITDA | $64M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $53M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $445.0K |
| NET CASH FROM FINANCING | $30M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | $63M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $77M |
| Short-Term Investments | $236.0K |
| Net Receivables | $2M |
| Inventory | $29M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $112M |
| PP&E (Net) | $81M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $97M |
| TOTAL ASSETS | $208M |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $350.0K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $29M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $399.0K |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $29M |
| TOTAL LIABILITIES | $58M |
| Common Stock | $162M |
| Additional Paid-In Capital | $17M |
| Retained Earnings | -$31M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $151M |
| Minority Interest | $0 |
| TOTAL EQUITY | $151M |
| TOTAL LIABILITIES & EQUITY | $208M |
| Total Debt | $69.0K |
| Net Debt | -$77M |
