| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $260M | $267M | $251M | -2.6% | 3.8% |
| Op. Income | $32M | $35M | $18M | -6.4% | 79.0% |
| Gross Margin | 60.6% | 60.3% | 58.3% | 0.3pp | 2.2pp |
| Net Margin | 5.1% | 11.0% | 7.0% | -5.9pp | -1.9pp |
| EPS (Diluted) | $0.37 | $0.82 | $0.50 | -54.9% | -26.0% |
| Free Cash Flow | $67M | $16M | -$27M | 330.4% | 347.5% |
| Item | Amount |
|---|---|
| REVENUE | $260M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $158M |
| R&D Expenses | $33M |
| Selling & Marketing | $59M |
| General & Administrative | $36M |
| SG&A Expenses | $96M |
| Other Expenses | -$3M |
| Operating Expenses | $125M |
| Cost & Expenses | $228M |
| OPERATING INCOME | $32M |
| Interest Income | $869.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $12M |
| EBIT | $36M |
| EBITDA | $48M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $260M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $158M |
| R&D Expenses | $33M |
| Selling & Marketing | $59M |
| General & Administrative | $36M |
| SG&A Expenses | $96M |
| Other Expenses | -$3M |
| Operating Expenses | $125M |
| Cost & Expenses | $228M |
| OPERATING INCOME | $32M |
| Interest Income | $869.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $12M |
| EBIT | $36M |
| EBITDA | $48M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $24M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $78M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $332.0K |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$781.0K |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | $67M |
| Net Change in Cash | $49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $166M |
| Short-Term Investments | $0 |
| Net Receivables | $125M |
| Inventory | $0 |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $337M |
| PP&E (Net) | $74M |
| Goodwill | $575M |
| Intangible Assets | $227M |
| Long-Term Investments | $23M |
| Tax Assets | $52M |
| Other Non-Current Assets | $88M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.4B |
| Account Payables | $14M |
| Short-Term Debt | $158M |
| Deferred Revenue | $212M |
| Other Current Liabilities | $207M |
| TOTAL CURRENT LIABILITIES | $631M |
| Long-Term Debt | $117M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $150M |
| TOTAL LIABILITIES | $781M |
| Common Stock | $410.0K |
| Additional Paid-In Capital | $506M |
| Retained Earnings | $363M |
| Treasury Stock | -$270M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $594M |
| Minority Interest | $0 |
| TOTAL EQUITY | $594M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $295M |
| Net Debt | $129M |
