| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $314M | $311M | $307M | 1.1% | 2.3% |
| Op. Income | $415.0K | $8M | $14M | -95.0% | -97.0% |
| Gross Margin | 41.5% | 43.3% | 46.6% | -1.8pp | -5.1pp |
| Net Margin | -0.6% | 1.8% | 5.2% | -2.4pp | -5.8pp |
| EPS (Diluted) | $-0.05 | $0.12 | $0.34 | -137.6% | -113.3% |
| Free Cash Flow | $20M | $19M | $47M | 9.2% | -57.2% |
| Item | Amount |
|---|---|
| REVENUE | $314M |
| Cost of Revenue | $184M |
| GROSS PROFIT | $130M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $107M |
| Other Expenses | $0 |
| Operating Expenses | $130M |
| Cost & Expenses | $314M |
| OPERATING INCOME | $415.0K |
| Interest Income | $0 |
| Interest Expense | $284.0K |
| Other Income/Expenses | $284.0K |
| INCOME BEFORE TAX | $699.0K |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $20M |
| EBIT | $983.0K |
| EBITDA | $21M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$2M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$27.0K |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $197M |
| Short-Term Investments | $0 |
| Net Receivables | $217M |
| Inventory | $101M |
| Other Current Assets | $166M |
| TOTAL CURRENT ASSETS | $680M |
| PP&E (Net) | $144M |
| Goodwill | $738M |
| Intangible Assets | $170M |
| Long-Term Investments | $61M |
| Tax Assets | $58M |
| Other Non-Current Assets | $123M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $44M |
| Short-Term Debt | $12M |
| Deferred Revenue | $172M |
| Other Current Liabilities | $249M |
| TOTAL CURRENT LIABILITIES | $477M |
| Long-Term Debt | $168M |
| Deferred Revenue NC | $63M |
| Deferred Tax Liabilities | $683.0K |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $266M |
| TOTAL LIABILITIES | $743M |
| Common Stock | $58.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $385M |
| Treasury Stock | -$368M |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $204M |
| Net Debt | $8M |
