| Metric | Q3 2026 | Q2 2026 | Q3 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $120M | $117M | $107M | 2.6% | 12.7% |
| Op. Income | $4M | -$2M | -$14M | 348.1% | 127.0% |
| Gross Margin | 68.4% | 67.9% | 67.7% | 0.5pp | 0.7pp |
| Net Margin | 3.5% | 0.6% | -13.5% | 3.0pp | 17.0pp |
| EPS (Diluted) | $0.07 | $0.01 | $0.65 | 554.7% | -89.3% |
| Free Cash Flow | $12M | $13M | $5M | -6.7% | 135.9% |
| Item | Amount |
|---|---|
| REVENUE | $120M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $82M |
| R&D Expenses | $29M |
| Selling & Marketing | $24M |
| General & Administrative | $17M |
| SG&A Expenses | $42M |
| Other Expenses | $7M |
| Operating Expenses | $79M |
| Cost & Expenses | $117M |
| OPERATING INCOME | $4M |
| Interest Income | $1M |
| Interest Expense | $826.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $854.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $7M |
| EBIT | $5M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $120M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $82M |
| R&D Expenses | $29M |
| Selling & Marketing | $24M |
| General & Administrative | $17M |
| SG&A Expenses | $42M |
| Other Expenses | $7M |
| Operating Expenses | $79M |
| Cost & Expenses | $117M |
| OPERATING INCOME | $4M |
| Interest Income | $1M |
| Interest Expense | $826.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $854.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $7M |
| EBIT | $5M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $57.0K |
| Other Non-Cash Items | $631.0K |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$18.0K |
| NET CASH FROM FINANCING | -$667.0K |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $106M |
| Short-Term Investments | $0 |
| Net Receivables | $88M |
| Inventory | $0 |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $241M |
| PP&E (Net) | $23M |
| Goodwill | $76M |
| Intangible Assets | $26M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $57M |
| TOTAL NON-CURRENT ASSETS | $183M |
| TOTAL ASSETS | $423M |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $30M |
| Other Current Liabilities | $63M |
| TOTAL CURRENT LIABILITIES | $99M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $683.0K |
| Other Non-Current Liabilities | $192.0K |
| TOTAL NON-CURRENT LIABILITIES | $4M |
| TOTAL LIABILITIES | $103M |
| Common Stock | $616.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$800M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$360.0K |
| Other Equity | $1.1B |
| TOTAL STOCKHOLDERS' EQUITY | $320M |
| Minority Interest | $0 |
| TOTAL EQUITY | $320M |
| TOTAL LIABILITIES & EQUITY | $423M |
| Total Debt | $3M |
| Net Debt | -$103M |
