| Metric | Q3 2026 | Q2 2026 | Q3 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $136M | $125M | $116M | 8.9% | 17.1% |
| Op. Income | $7M | $4M | $4M | 58.6% | 58.2% |
| Gross Margin | 26.2% | 24.3% | 24.1% | 1.9pp | 2.1pp |
| Net Margin | 2.8% | 1.5% | 1.4% | 1.2pp | 1.3pp |
| EPS (Diluted) | $0.08 | $0.04 | $0.04 | 94.4% | 122.4% |
| Free Cash Flow | $17M | $32M | -$16M | -46.7% | 203.9% |
| Item | Amount |
|---|---|
| REVENUE | $136M |
| Cost of Revenue | $100M |
| GROSS PROFIT | $36M |
| R&D Expenses | $2M |
| Selling & Marketing | $11M |
| General & Administrative | $15M |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $129M |
| OPERATING INCOME | $7M |
| Interest Income | $554.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $7M |
| EBIT | $7M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $136M |
| Cost of Revenue | $100M |
| GROSS PROFIT | $36M |
| R&D Expenses | $2M |
| Selling & Marketing | $11M |
| General & Administrative | $15M |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $129M |
| OPERATING INCOME | $7M |
| Interest Income | $554.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $7M |
| EBIT | $7M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$730.0K |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$61.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | $792.0K |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$11.0K |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18M |
| Short-Term Investments | $5M |
| Net Receivables | $55M |
| Inventory | $175M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $262M |
| PP&E (Net) | $239M |
| Goodwill | $19M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $10M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $276M |
| TOTAL ASSETS | $538M |
| Account Payables | $25M |
| Short-Term Debt | $0 |
| Deferred Revenue | $19M |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $58M |
| Long-Term Debt | $74M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $116M |
| TOTAL LIABILITIES | $175M |
| Common Stock | $44.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $363M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $363M |
| Minority Interest | $0 |
| TOTAL EQUITY | $363M |
| TOTAL LIABILITIES & EQUITY | $538M |
| Total Debt | $109M |
| Net Debt | $90M |
