| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $119M | $116M | $116M | 2.6% | 2.7% |
| Op. Income | $10M | -$1M | $12M | 867.7% | -10.8% |
| Gross Margin | 54.5% | 55.2% | 54.5% | -0.7pp | -0.0pp |
| Net Margin | -1.1% | 1.2% | 12.3% | -2.3pp | -13.5pp |
| EPS (Diluted) | $-0.02 | $0.02 | $0.25 | -200.0% | -109.7% |
| Free Cash Flow | $24M | $23M | $27M | 4.4% | -11.1% |
| Item | Amount |
|---|---|
| REVENUE | $119M |
| Cost of Revenue | $54M |
| GROSS PROFIT | $65M |
| R&D Expenses | $27M |
| Selling & Marketing | $17M |
| General & Administrative | $10M |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $55M |
| Cost & Expenses | $109M |
| OPERATING INCOME | $10M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | -$42.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $7M |
| EBIT | -$1M |
| EBITDA | $5M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$7.0K |
| Other Non-Cash Items | -$306.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $30M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $150.0K |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $20M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$42M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$52M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49M |
| Short-Term Investments | $193M |
| Net Receivables | $33M |
| Inventory | $165M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $456M |
| PP&E (Net) | $148M |
| Goodwill | $95M |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $37M |
| Other Non-Current Assets | $29M |
| TOTAL NON-CURRENT ASSETS | $316M |
| TOTAL ASSETS | $773M |
| Account Payables | $37M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $71M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $29M |
| TOTAL LIABILITIES | $101M |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $673M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $672M |
| Minority Interest | $0 |
| TOTAL EQUITY | $672M |
| TOTAL LIABILITIES & EQUITY | $773M |
| Total Debt | $0 |
| Net Debt | -$49M |
