| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $43M | $41M | $40M | 4.3% | 7.0% |
| Op. Income | $13M | $13M | $11M | 5.1% | 23.5% |
| Gross Margin | 72.2% | 72.3% | 68.2% | -0.1pp | 4.0pp |
| Net Margin | 25.2% | 24.8% | 21.9% | 0.4pp | 3.4pp |
| EPS (Diluted) | $1.63 | $1.51 | $1.27 | 7.9% | 28.3% |
| Free Cash Flow | $16M | $4M | $17M | 348.5% | -6.8% |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $293.0K |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $7M |
| Operating Expenses | $18M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $13M |
| Interest Income | $38M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $918.0K |
| EBIT | $13M |
| EBITDA | $14M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $43M |
| Cost of Revenue | $12M |
| GROSS PROFIT | $31M |
| R&D Expenses | $0 |
| Selling & Marketing | $293.0K |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $7M |
| Operating Expenses | $18M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $13M |
| Interest Income | $38M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $918.0K |
| EBIT | $13M |
| EBITDA | $14M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $918.0K |
| Stock-Based Compensation | $125.0K |
| Deferred Income Tax | $364.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$664.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$78M |
| Sales/Maturities of Investments | $26M |
| Other Investing Activities | -$34M |
| NET CASH FROM INVESTING | -$88M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$987.0K |
| Other Financing Activities | $28M |
| NET CASH FROM FINANCING | $22M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | -$49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $161M |
| Short-Term Investments | $4M |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $176M |
| PP&E (Net) | $60M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $2.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $61M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.8B |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $28M |
| Additional Paid-In Capital | $3M |
| Retained Earnings | $367M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$47M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $351M |
| Minority Interest | $0 |
| TOTAL EQUITY | $351M |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $2M |
| Net Debt | -$159M |
