| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $271M | $261M | $248M | 3.9% | 9.1% |
| Op. Income | $36M | $30M | $35M | 20.8% | 3.4% |
| Gross Margin | 84.3% | 84.4% | 84.7% | -0.1pp | -0.4pp |
| Net Margin | 5.2% | 7.5% | 16.7% | -2.3pp | -11.5pp |
| EPS (Diluted) | $0.04 | $0.05 | $0.11 | -27.0% | -66.0% |
| Free Cash Flow | $35M | $68M | $36M | -48.2% | -2.4% |
| Item | Amount |
|---|---|
| REVENUE | $271M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $228M |
| R&D Expenses | $40M |
| Selling & Marketing | $59M |
| General & Administrative | $36M |
| SG&A Expenses | $96M |
| Other Expenses | $57M |
| Operating Expenses | $192M |
| Cost & Expenses | $235M |
| OPERATING INCOME | $36M |
| Interest Income | $60M |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $16M |
| EBIT | $36M |
| EBITDA | $52M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $271M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $228M |
| R&D Expenses | $40M |
| Selling & Marketing | $59M |
| General & Administrative | $36M |
| SG&A Expenses | $96M |
| Other Expenses | $57M |
| Operating Expenses | $192M |
| Cost & Expenses | $235M |
| OPERATING INCOME | $36M |
| Interest Income | $60M |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $16M |
| EBIT | $36M |
| EBITDA | $52M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $685.0K |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $54M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$79M |
| Sales/Maturities of Investments | $73M |
| Other Investing Activities | -$25M |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$45M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $80M |
| NET CASH FROM FINANCING | $35M |
| FREE CASH FLOW | $35M |
| Net Change in Cash | $52M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $479M |
| Short-Term Investments | $0 |
| Net Receivables | $89M |
| Inventory | $0 |
| Other Current Assets | $6.8B |
| TOTAL CURRENT ASSETS | $7.4B |
| PP&E (Net) | $69M |
| Goodwill | $78M |
| Intangible Assets | $206M |
| Long-Term Investments | $0 |
| Tax Assets | $50M |
| Other Non-Current Assets | $401M |
| TOTAL NON-CURRENT ASSETS | $804M |
| TOTAL ASSETS | $8.2B |
| Account Payables | $40M |
| Short-Term Debt | $0 |
| Deferred Revenue | $7.1B |
| Other Current Liabilities | $87M |
| TOTAL CURRENT LIABILITIES | $7.3B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $88M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $147M |
| TOTAL LIABILITIES | $7.5B |
| Common Stock | $4M |
| Additional Paid-In Capital | $876M |
| Retained Earnings | $160M |
| Treasury Stock | -$288M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $750M |
| Minority Interest | $0 |
| TOTAL EQUITY | $750M |
| TOTAL LIABILITIES & EQUITY | $8.2B |
| Total Debt | $54M |
| Net Debt | -$425M |
