| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $173M | $140M | — | 23.9% | — |
| Op. Income | $69M | $43M | — | 59.6% | — |
| Gross Margin | 73.4% | 71.2% | — | 2.2pp | — |
| Net Margin | 38.4% | 31.5% | — | 6.8pp | — |
| EPS (Diluted) | $1.39 | $0.92 | — | 51.1% | — |
| Free Cash Flow | $15M | $84M | — | -82.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $173M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $127M |
| R&D Expenses | $37M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $19M |
| Other Expenses | $2M |
| Operating Expenses | $58M |
| Cost & Expenses | $104M |
| OPERATING INCOME | $69M |
| Interest Income | $10M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $77M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $12M |
| EBIT | $77M |
| EBITDA | $89M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $173M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $127M |
| R&D Expenses | $37M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $19M |
| Other Expenses | $2M |
| Operating Expenses | $58M |
| Cost & Expenses | $104M |
| OPERATING INCOME | $69M |
| Interest Income | $10M |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $77M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $12M |
| EBIT | $77M |
| EBITDA | $89M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $66M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$50M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$56M |
| Sales/Maturities of Investments | $122M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $40M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$33M |
| Common Dividends Paid | -$21M |
| Other Financing Activities | -$101.0K |
| NET CASH FROM FINANCING | -$54M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $138M |
| Short-Term Investments | $464M |
| Net Receivables | $120M |
| Inventory | $241M |
| Other Current Assets | $124M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $235M |
| Goodwill | $16M |
| Intangible Assets | $61M |
| Long-Term Investments | $480M |
| Tax Assets | $89M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $886M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $23M |
| Short-Term Debt | $5M |
| Deferred Revenue | $21M |
| Other Current Liabilities | $30M |
| TOTAL CURRENT LIABILITIES | $108M |
| Long-Term Debt | $19M |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $54M |
| TOTAL NON-CURRENT LIABILITIES | $104M |
| TOTAL LIABILITIES | $212M |
| Common Stock | $489.0K |
| Additional Paid-In Capital | $745M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$75M |
| Accum. Other Comp. Income | $781.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $43M |
| Net Debt | -$95M |
