| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $189M | $182M | $155M | 3.5% | 21.9% |
| Op. Income | $17M | $14M | -$8M | 21.1% | 314.8% |
| Gross Margin | 53.2% | 50.0% | 50.0% | 3.3pp | 3.2pp |
| Net Margin | 7.9% | 8.2% | -0.4% | -0.3pp | 8.3pp |
| EPS (Diluted) | $0.26 | $0.26 | $0.32 | 0.0% | -18.8% |
| Free Cash Flow | $43M | $21M | $42M | 103.4% | 1.3% |
| Item | Amount |
|---|---|
| REVENUE | $189M |
| Cost of Revenue | $88M |
| GROSS PROFIT | $101M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $74M |
| Other Expenses | -$4M |
| Operating Expenses | $84M |
| Cost & Expenses | $172M |
| OPERATING INCOME | $17M |
| Interest Income | $14M |
| Interest Expense | $27M |
| Other Income/Expenses | $287.0K |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $24M |
| EBIT | $23M |
| EBITDA | $47M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $189M |
| Cost of Revenue | $88M |
| GROSS PROFIT | $101M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $74M |
| Other Expenses | -$4M |
| Operating Expenses | $84M |
| Cost & Expenses | $172M |
| OPERATING INCOME | $17M |
| Interest Income | $14M |
| Interest Expense | $27M |
| Other Income/Expenses | $287.0K |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $24M |
| EBIT | $23M |
| EBITDA | $47M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $48M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$917.0K |
| NET CASH FROM FINANCING | -$239.0K |
| FREE CASH FLOW | $43M |
| Net Change in Cash | $40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $749M |
| Short-Term Investments | $0 |
| Net Receivables | $149M |
| Inventory | $160M |
| Other Current Assets | $38M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $313M |
| Goodwill | $1.1B |
| Intangible Assets | $395M |
| Long-Term Investments | $0 |
| Tax Assets | $856.0K |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $29M |
| Short-Term Debt | $0 |
| Deferred Revenue | $16M |
| Other Current Liabilities | $41M |
| TOTAL CURRENT LIABILITIES | $131M |
| Long-Term Debt | $538M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $20M |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $709M |
| TOTAL LIABILITIES | $841M |
| Common Stock | $563.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $443M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $689M |
| Net Debt | -$60M |
