| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $140M | $172M | $162M | -18.7% | -13.6% |
| Op. Income | $43M | $69M | $67M | -37.1% | -35.6% |
| Gross Margin | 71.2% | 77.2% | 77.8% | -6.0pp | -6.6pp |
| Net Margin | 31.5% | 39.2% | 41.4% | -7.6pp | -9.8pp |
| EPS (Diluted) | $0.92 | $1.41 | $1.40 | -34.8% | -34.3% |
| Free Cash Flow | $84M | $37M | $66M | 125.1% | 27.3% |
| Item | Amount |
|---|---|
| REVENUE | $140M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $99M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $2M |
| Operating Expenses | $56M |
| Cost & Expenses | $96M |
| OPERATING INCOME | $43M |
| Interest Income | $10M |
| Interest Expense | $0 |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $12M |
| EBIT | $54M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $140M |
| Cost of Revenue | $40M |
| GROSS PROFIT | $99M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $2M |
| Operating Expenses | $56M |
| Cost & Expenses | $96M |
| OPERATING INCOME | $43M |
| Interest Income | $10M |
| Interest Expense | $0 |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $12M |
| EBIT | $54M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $44M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $33M |
| OPERATING CASH FLOW | $97M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$128M |
| Sales/Maturities of Investments | $90M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$50M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$21M |
| Other Financing Activities | -$28.0K |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | $84M |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $122M |
| Short-Term Investments | $481M |
| Net Receivables | $74M |
| Inventory | $213M |
| Other Current Assets | $148M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $232M |
| Goodwill | $16M |
| Intangible Assets | $65M |
| Long-Term Investments | $423M |
| Tax Assets | $77M |
| Other Non-Current Assets | $97M |
| TOTAL NON-CURRENT ASSETS | $910M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $35M |
| Short-Term Debt | $0 |
| Deferred Revenue | $23M |
| Other Current Liabilities | $32M |
| TOTAL CURRENT LIABILITIES | $109M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $72M |
| TOTAL NON-CURRENT LIABILITIES | $94M |
| TOTAL LIABILITIES | $203M |
| Common Stock | $489.0K |
| Additional Paid-In Capital | $739M |
| Retained Earnings | $1.0B |
| Treasury Stock | -$41M |
| Accum. Other Comp. Income | $919.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $20M |
| Net Debt | -$101M |
