| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $86M | $86M | — | 0.4% | — |
| Op. Income | $4M | $4M | — | 12.2% | — |
| Gross Margin | 51.2% | 51.9% | — | -0.7pp | — |
| Net Margin | 6.5% | 3.0% | — | 3.5pp | — |
| EPS (Diluted) | $0.37 | $0.17 | — | 117.6% | — |
| Free Cash Flow | $14M | $8M | — | 66.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $86M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $44M |
| R&D Expenses | $16M |
| Selling & Marketing | $6M |
| General & Administrative | $19M |
| SG&A Expenses | $25M |
| Other Expenses | -$1M |
| Operating Expenses | $40M |
| Cost & Expenses | $82M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $7M |
| EBIT | $8M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $86M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $44M |
| R&D Expenses | $16M |
| Selling & Marketing | $6M |
| General & Administrative | $19M |
| SG&A Expenses | $25M |
| Other Expenses | -$1M |
| Operating Expenses | $40M |
| Cost & Expenses | $82M |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $7M |
| EBIT | $8M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $488.0K |
| Other Non-Cash Items | $405.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | $63.0K |
| Acquisitions (Net) | $300.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$87.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19.9K |
| Short-Term Investments | $0 |
| Net Receivables | $60M |
| Inventory | $351 |
| Other Current Assets | $43M |
| TOTAL CURRENT ASSETS | $103M |
| PP&E (Net) | $4.6K |
| Goodwill | $172.6K |
| Intangible Assets | $67.6K |
| Long-Term Investments | $64.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $297M |
| TOTAL NON-CURRENT ASSETS | $297M |
| TOTAL ASSETS | $399M |
| Account Payables | $20M |
| Short-Term Debt | $3M |
| Deferred Revenue | $8.2K |
| Other Current Liabilities | $29M |
| TOTAL CURRENT LIABILITIES | $54M |
| Long-Term Debt | $161M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $165M |
| TOTAL LIABILITIES | $219M |
| Common Stock | $15.0K |
| Additional Paid-In Capital | $206M |
| Retained Earnings | -$6M |
| Treasury Stock | -$19M |
| Accum. Other Comp. Income | -$91.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $180M |
| Minority Interest | $0 |
| TOTAL EQUITY | $180M |
| TOTAL LIABILITIES & EQUITY | $399M |
| Total Debt | $167M |
| Net Debt | $167M |
