| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $275M | $271M | $262M | 1.4% | 4.9% |
| Op. Income | $29M | $36M | $29M | -20.4% | -0.9% |
| Gross Margin | 77.3% | 84.3% | 83.5% | -7.0pp | -6.2pp |
| Net Margin | 6.9% | 5.2% | 6.9% | 1.7pp | -0.0pp |
| EPS (Diluted) | $0.05 | $0.04 | $0.05 | 37.4% | 8.9% |
| Free Cash Flow | $70M | $35M | $30M | 99.1% | 137.4% |
| Item | Amount |
|---|---|
| REVENUE | $275M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $212M |
| R&D Expenses | $41M |
| Selling & Marketing | $64M |
| General & Administrative | $39M |
| SG&A Expenses | $102M |
| Other Expenses | $41M |
| Operating Expenses | $183M |
| Cost & Expenses | $246M |
| OPERATING INCOME | $29M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $20M |
| EBIT | $27M |
| EBITDA | $47M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $275M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $212M |
| R&D Expenses | $41M |
| Selling & Marketing | $64M |
| General & Administrative | $39M |
| SG&A Expenses | $102M |
| Other Expenses | $41M |
| Operating Expenses | $183M |
| Cost & Expenses | $246M |
| OPERATING INCOME | $29M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $20M |
| EBIT | $27M |
| EBITDA | $47M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $55M |
| Capital Expenditure | $15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$94M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $46M |
| NET CASH FROM INVESTING | -$49M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$79M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $776M |
| NET CASH FROM FINANCING | $701M |
| FREE CASH FLOW | $70M |
| Net Change in Cash | $7.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $416M |
| Short-Term Investments | $0 |
| Net Receivables | $98M |
| Inventory | $0 |
| Other Current Assets | $7.6B |
| TOTAL CURRENT ASSETS | $8.1B |
| PP&E (Net) | $95M |
| Goodwill | $78M |
| Intangible Assets | $208M |
| Long-Term Investments | $48M |
| Tax Assets | $57M |
| Other Non-Current Assets | $360M |
| TOTAL NON-CURRENT ASSETS | $846M |
| TOTAL ASSETS | $9.0B |
| Account Payables | $45M |
| Short-Term Debt | $0 |
| Deferred Revenue | $7.9B |
| Other Current Liabilities | $87M |
| TOTAL CURRENT LIABILITIES | $8.1B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $93M |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $168M |
| TOTAL LIABILITIES | $8.3B |
| Common Stock | $4M |
| Additional Paid-In Capital | $896M |
| Retained Earnings | $179M |
| Treasury Stock | -$369M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $704M |
| Minority Interest | $0 |
| TOTAL EQUITY | $704M |
| TOTAL LIABILITIES & EQUITY | $9.0B |
| Total Debt | $72M |
| Net Debt | -$343M |
