| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $68M | $67M | $63M | 1.1% | 7.6% |
| Op. Income | $15M | $14M | $9M | 6.6% | 66.4% |
| Gross Margin | 56.2% | 55.1% | 46.3% | 1.1pp | 9.9pp |
| Net Margin | 15.9% | 14.3% | 10.4% | 1.6pp | 5.5pp |
| EPS (Diluted) | $0.27 | $0.24 | $0.16 | 12.5% | 68.8% |
| Free Cash Flow | $14M | $14M | $14M | -2.2% | -1.1% |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $38M |
| R&D Expenses | $0 |
| Selling & Marketing | $310.0K |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $9M |
| Operating Expenses | $23M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $15M |
| Interest Income | $62M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $4M |
| 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 | $2M |
| EBIT | $15M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $38M |
| R&D Expenses | $0 |
| Selling & Marketing | $310.0K |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $9M |
| Operating Expenses | $23M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $15M |
| Interest Income | $62M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $4M |
| 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 | $2M |
| EBIT | $15M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$492.0K |
| Change in Working Capital | $598.0K |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$327.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$126M |
| Sales/Maturities of Investments | $101M |
| Other Investing Activities | $17M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $48M |
| Common Stock Repurchased | $15M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$30M |
| NET CASH FROM FINANCING | $28M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | $34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $132M |
| Short-Term Investments | $718M |
| Net Receivables | $19M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $869M |
| PP&E (Net) | $45M |
| Goodwill | $41M |
| Intangible Assets | $0 |
| Long-Term Investments | $3.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $902M |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $0 |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.0B |
| TOTAL CURRENT LIABILITIES | $4.0B |
| Long-Term Debt | $942M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $62M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $5.0B |
| Common Stock | $648.0K |
| Additional Paid-In Capital | $591M |
| Retained Earnings | $453M |
| Treasury Stock | -$307M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | -$12M |
| TOTAL STOCKHOLDERS' EQUITY | $720M |
| Minority Interest | $0 |
| TOTAL EQUITY | $720M |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $971M |
| Net Debt | $839M |
