| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $242M | — | $212M | — | 13.9% |
| Op. Income | $29M | — | $24M | — | 19.5% |
| Gross Margin | 48.6% | — | 46.7% | — | 1.9pp |
| Net Margin | 16.2% | — | 9.8% | — | 6.3pp |
| EPS (Diluted) | $4.64 | — | $0.64 | — | 625.0% |
| Free Cash Flow | $7M | — | $41M | — | -83.7% |
| Item | Amount |
|---|---|
| REVENUE | $242M |
| Cost of Revenue | $124M |
| GROSS PROFIT | $118M |
| R&D Expenses | $69M |
| Selling & Marketing | $9M |
| General & Administrative | $10M |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $88M |
| Cost & Expenses | $213M |
| OPERATING INCOME | $29M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $8M |
| EBIT | $29M |
| EBITDA | $37M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $242M |
| Cost of Revenue | $124M |
| GROSS PROFIT | $118M |
| R&D Expenses | $69M |
| Selling & Marketing | $9M |
| General & Administrative | $10M |
| SG&A Expenses | $19M |
| Other Expenses | $0 |
| Operating Expenses | $88M |
| Cost & Expenses | $213M |
| OPERATING INCOME | $29M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $8M |
| EBIT | $29M |
| EBITDA | $37M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $73.0K |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $167.0K |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $199M |
| Short-Term Investments | $0 |
| Net Receivables | $202M |
| Inventory | $338M |
| Other Current Assets | $127M |
| TOTAL CURRENT ASSETS | $865M |
| PP&E (Net) | $211M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $33M |
| Tax Assets | $0 |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $272M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $75M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$2.6K |
| TOTAL CURRENT LIABILITIES | $252M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $52M |
| TOTAL NON-CURRENT LIABILITIES | $52M |
| TOTAL LIABILITIES | $303M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $834M |
| TOTAL STOCKHOLDERS' EQUITY | $834M |
| Minority Interest | $0 |
| TOTAL EQUITY | $834M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $0 |
| Net Debt | -$199M |
