| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $152M | $147M | $155M | 3.3% | -2.1% |
| Op. Income | $43M | $42M | $40M | 3.9% | 8.2% |
| Gross Margin | 72.0% | 70.2% | 66.3% | 1.8pp | 5.7pp |
| Net Margin | 23.2% | 23.1% | 21.3% | 0.1pp | 2.0pp |
| EPS (Diluted) | $0.92 | $0.88 | $0.86 | 4.5% | 7.0% |
| Free Cash Flow | $46M | $27M | $39M | 75.4% | 18.1% |
| Item | Amount |
|---|---|
| REVENUE | $152M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $109M |
| R&D Expenses | $0 |
| Selling & Marketing | $948.0K |
| General & Administrative | $39M |
| SG&A Expenses | $40M |
| Other Expenses | $26M |
| Operating Expenses | $66M |
| Cost & Expenses | $109M |
| OPERATING INCOME | $43M |
| Interest Income | $132M |
| Interest Expense | $44M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $8M |
| EBIT | $43M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $152M |
| Cost of Revenue | $43M |
| GROSS PROFIT | $109M |
| R&D Expenses | $0 |
| Selling & Marketing | $948.0K |
| General & Administrative | $39M |
| SG&A Expenses | $40M |
| Other Expenses | $26M |
| Operating Expenses | $66M |
| Cost & Expenses | $109M |
| OPERATING INCOME | $43M |
| Interest Income | $132M |
| Interest Expense | $44M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $8M |
| EBIT | $43M |
| EBITDA | $51M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $52M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$17M |
| Sales/Maturities of Investments | $70M |
| Other Investing Activities | $160M |
| NET CASH FROM INVESTING | $207M |
| Net Debt Issuance | -$185M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $205M |
| NET CASH FROM FINANCING | $18.0K |
| FREE CASH FLOW | $46M |
| Net Change in Cash | $259M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $556M |
| Short-Term Investments | $613M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $211M |
| Goodwill | $306M |
| Intangible Assets | $50M |
| Long-Term Investments | $8.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $308M |
| TOTAL NON-CURRENT ASSETS | $9.0B |
| TOTAL ASSETS | $10.2B |
| Account Payables | $0 |
| Short-Term Debt | $21M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.5B |
| TOTAL CURRENT LIABILITIES | $8.5B |
| Long-Term Debt | $55M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $230M |
| TOTAL NON-CURRENT LIABILITIES | $285M |
| TOTAL LIABILITIES | $8.8B |
| Common Stock | $515.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $568M |
| Treasury Stock | -$313M |
| Accum. Other Comp. Income | -$51M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $10.2B |
| Total Debt | $76M |
| Net Debt | -$480M |
