| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $370M | $364M | $446M | 1.7% | -16.9% |
| Op. Income | $23M | $22M | -$53M | 7.4% | 143.8% |
| Gross Margin | 70.7% | 70.5% | 62.7% | 0.3pp | 8.1pp |
| Net Margin | 3.9% | 4.7% | -8.1% | -0.8pp | 12.0pp |
| EPS (Diluted) | $0.29 | $0.34 | $-0.73 | -14.7% | 139.7% |
| Free Cash Flow | $6M | $18M | $13M | -66.6% | -55.6% |
| Item | Amount |
|---|---|
| REVENUE | $370M |
| Cost of Revenue | $108M |
| GROSS PROFIT | $262M |
| R&D Expenses | $11M |
| Selling & Marketing | $131M |
| General & Administrative | $107M |
| SG&A Expenses | $239M |
| Other Expenses | -$11M |
| Operating Expenses | $239M |
| Cost & Expenses | $347M |
| OPERATING INCOME | $23M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $13M |
| EBIT | $23M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $370M |
| Cost of Revenue | $108M |
| GROSS PROFIT | $262M |
| R&D Expenses | $11M |
| Selling & Marketing | $131M |
| General & Administrative | $107M |
| SG&A Expenses | $239M |
| Other Expenses | -$11M |
| Operating Expenses | $239M |
| Cost & Expenses | $347M |
| OPERATING INCOME | $23M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $13M |
| EBIT | $23M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$28M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$418.0K |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $239M |
| Short-Term Investments | $1M |
| Net Receivables | $40M |
| Inventory | $184M |
| Other Current Assets | $44M |
| TOTAL CURRENT ASSETS | $548M |
| PP&E (Net) | $459M |
| Goodwill | $84M |
| Intangible Assets | $43M |
| Long-Term Investments | $19M |
| Tax Assets | $0 |
| Other Non-Current Assets | $254M |
| TOTAL NON-CURRENT ASSETS | $858M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $26M |
| Short-Term Debt | $20M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $51M |
| TOTAL CURRENT LIABILITIES | $264M |
| Long-Term Debt | $262M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $310.0K |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $336M |
| TOTAL LIABILITIES | $600M |
| Common Stock | $91.0K |
| Additional Paid-In Capital | $636M |
| Retained Earnings | $1.9B |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | -$116M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $805M |
| Minority Interest | $0 |
| TOTAL EQUITY | $805M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $364M |
| Net Debt | $126M |
