| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $419M | $412M | $337M | 1.9% | 24.7% |
| Op. Income | $12M | $15M | $368.0K | -19.6% | 3100.3% |
| Gross Margin | 58.7% | 59.0% | 59.2% | -0.3pp | -0.5pp |
| Net Margin | 2.1% | 1.6% | 0.6% | 0.5pp | 1.5pp |
| EPS (Diluted) | $0.04 | $0.03 | $0.01 | 36.2% | 336.6% |
| Free Cash Flow | $2M | $26M | $143M | -94.0% | -98.9% |
| Item | Amount |
|---|---|
| REVENUE | $419M |
| Cost of Revenue | $173M |
| GROSS PROFIT | $246M |
| R&D Expenses | $80M |
| Selling & Marketing | $92M |
| General & Administrative | $56M |
| SG&A Expenses | $148M |
| Other Expenses | $6M |
| Operating Expenses | $235M |
| Cost & Expenses | $408M |
| OPERATING INCOME | $12M |
| Interest Income | $2M |
| Interest Expense | $2M |
| Other Income/Expenses | $646.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $11M |
| EBIT | $15M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $419M |
| Cost of Revenue | $173M |
| GROSS PROFIT | $246M |
| R&D Expenses | $80M |
| Selling & Marketing | $92M |
| General & Administrative | $56M |
| SG&A Expenses | $148M |
| Other Expenses | $6M |
| Operating Expenses | $235M |
| Cost & Expenses | $408M |
| OPERATING INCOME | $12M |
| Interest Income | $2M |
| Interest Expense | $2M |
| Other Income/Expenses | $646.0K |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $11M |
| EBIT | $15M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $48M |
| Change in Working Capital | -$62M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | $157.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$19M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$450.0K |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $477M |
| Short-Term Investments | $0 |
| Net Receivables | $308M |
| Inventory | $0 |
| Other Current Assets | $270M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $66M |
| Goodwill | $55M |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $132M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $32M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $256M |
| TOTAL CURRENT LIABILITIES | $376M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $40M |
| TOTAL LIABILITIES | $417M |
| Common Stock | $21.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$502M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $797M |
| Minority Interest | $0 |
| TOTAL EQUITY | $797M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $35M |
| Net Debt | -$441M |
