| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $136M | $132M | $132M | 3.4% | 3.0% |
| Op. Income | $46M | $38M | $39M | 22.9% | 17.9% |
| Gross Margin | 77.1% | 73.8% | 73.5% | 3.4pp | 3.6pp |
| Net Margin | 25.0% | 20.9% | 22.0% | 4.1pp | 3.0pp |
| EPS (Diluted) | $1.04 | $0.84 | $0.88 | 23.8% | 18.2% |
| Free Cash Flow | $43M | $28M | $27M | 53.2% | 58.1% |
| Item | Amount |
|---|---|
| REVENUE | $136M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $105M |
| R&D Expenses | $0 |
| Selling & Marketing | $647.0K |
| General & Administrative | $39M |
| SG&A Expenses | $40M |
| Other Expenses | $19M |
| Operating Expenses | $59M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $46M |
| Interest Income | $120M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $4M |
| EBIT | $46M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $136M |
| Cost of Revenue | $31M |
| GROSS PROFIT | $105M |
| R&D Expenses | $0 |
| Selling & Marketing | $647.0K |
| General & Administrative | $39M |
| SG&A Expenses | $40M |
| Other Expenses | $19M |
| Operating Expenses | $59M |
| Cost & Expenses | $90M |
| OPERATING INCOME | $46M |
| Interest Income | $120M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $4M |
| EBIT | $46M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$73M |
| Sales/Maturities of Investments | $175M |
| Other Investing Activities | -$44M |
| NET CASH FROM INVESTING | $56M |
| Net Debt Issuance | -$61M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | -$41M |
| NET CASH FROM FINANCING | -$116M |
| FREE CASH FLOW | $43M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $299M |
| Short-Term Investments | $117.0K |
| Net Receivables | $37M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $336M |
| PP&E (Net) | $96M |
| Goodwill | $304M |
| Intangible Assets | $5M |
| Long-Term Investments | $8.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $418M |
| TOTAL NON-CURRENT ASSETS | $9.5B |
| TOTAL ASSETS | $9.9B |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.3B |
| TOTAL CURRENT LIABILITIES | $8.3B |
| Long-Term Debt | $58M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $146M |
| TOTAL NON-CURRENT LIABILITIES | $232M |
| TOTAL LIABILITIES | $8.6B |
| Common Stock | $686M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $724M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$105M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $9.9B |
| Total Debt | $86M |
| Net Debt | -$213M |
