| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $63M | $57M | $61M | 10.3% | 2.9% |
| Op. Income | $14M | $8M | $12M | 72.1% | 19.9% |
| Gross Margin | 61.7% | 73.6% | 74.0% | -11.9pp | -12.3pp |
| Net Margin | 69.2% | 11.4% | 47.1% | 57.8pp | 22.1pp |
| EPS (Diluted) | $1.13 | $0.17 | $0.72 | 564.7% | 56.9% |
| Free Cash Flow | $10M | $8M | $10M | 26.8% | -7.8% |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $39M |
| R&D Expenses | $8M |
| Selling & Marketing | $13M |
| General & Administrative | $12M |
| SG&A Expenses | $25M |
| Other Expenses | -$8M |
| Operating Expenses | $25M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $14M |
| Interest Income | $173.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | -$31M |
| 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 | $4M |
| EBIT | $13M |
| EBITDA | $17M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $39M |
| R&D Expenses | $8M |
| Selling & Marketing | $13M |
| General & Administrative | $12M |
| SG&A Expenses | $25M |
| Other Expenses | -$8M |
| Operating Expenses | $25M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $14M |
| Interest Income | $173.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | -$31M |
| 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 | $4M |
| EBIT | $13M |
| EBITDA | $17M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $44M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$27M |
| Other Non-Cash Items | $640.0K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$762.0K |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$32.0K |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$670.0K |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $70M |
| Short-Term Investments | $0 |
| Net Receivables | $74M |
| Inventory | $10M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $172M |
| PP&E (Net) | $30M |
| Goodwill | $104M |
| Intangible Assets | $10M |
| Long-Term Investments | $12M |
| Tax Assets | $55M |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $225M |
| TOTAL ASSETS | $398M |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $72M |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $115M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $988.0K |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $126M |
| Common Stock | $37.0K |
| Additional Paid-In Capital | $129M |
| Retained Earnings | $210M |
| Treasury Stock | -$61M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $272M |
| Minority Interest | $0 |
| TOTAL EQUITY | $272M |
| TOTAL LIABILITIES & EQUITY | $398M |
| Total Debt | $6M |
| Net Debt | -$64M |
