| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $86M | $83M | $78M | 4.8% | 10.8% |
| Op. Income | $30M | $30M | $28M | 1.1% | 9.3% |
| Gross Margin | 82.8% | 82.3% | 81.9% | 0.5pp | 1.0pp |
| Net Margin | 26.0% | 15.6% | 0.6% | 10.5pp | 25.4pp |
| EPS (Diluted) | $0.15 | $0.08 | $0.01 | 83.8% | 1430.6% |
| Free Cash Flow | $64M | $74M | $68M | -14.5% | -6.8% |
| Item | Amount |
|---|---|
| REVENUE | $86M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $72M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $27M |
| SG&A Expenses | $29M |
| Other Expenses | $12M |
| Operating Expenses | $41M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $30M |
| Interest Income | $3M |
| Interest Expense | $5M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $355.0K |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $12M |
| EBIT | $30M |
| EBITDA | $42M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $86M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $72M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $27M |
| SG&A Expenses | $29M |
| Other Expenses | $12M |
| Operating Expenses | $41M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $30M |
| Interest Income | $3M |
| Interest Expense | $5M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $355.0K |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $12M |
| EBIT | $30M |
| EBITDA | $42M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $29M |
| OPERATING CASH FLOW | $66M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $62M |
| NET CASH FROM INVESTING | $62M |
| Net Debt Issuance | -$17M |
| Common Stock Repurchased | -$56M |
| Common Dividends Paid | -$24M |
| Other Financing Activities | -$29M |
| NET CASH FROM FINANCING | -$126M |
| FREE CASH FLOW | $64M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $22M |
| Net Receivables | $97M |
| Inventory | $0 |
| Other Current Assets | $67M |
| TOTAL CURRENT ASSETS | $245M |
| PP&E (Net) | $43M |
| Goodwill | $435M |
| Intangible Assets | $395M |
| Long-Term Investments | $46M |
| Tax Assets | $21M |
| Other Non-Current Assets | $141M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.3B |
| Account Payables | $49M |
| Short-Term Debt | $41M |
| Deferred Revenue | $30M |
| Other Current Liabilities | $75M |
| TOTAL CURRENT LIABILITIES | $357M |
| Long-Term Debt | $105M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $52M |
| Other Non-Current Liabilities | $188M |
| TOTAL NON-CURRENT LIABILITIES | $366M |
| TOTAL LIABILITIES | $722M |
| Common Stock | $16.0K |
| Additional Paid-In Capital | $579M |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $586M |
| Minority Interest | $17M |
| TOTAL EQUITY | $603M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $171M |
| Net Debt | $141M |
