| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $86M | $79M | $73M | 8.7% | 17.3% |
| Op. Income | $11M | $4M | $7M | 168.5% | 61.7% |
| Gross Margin | 75.8% | 74.5% | 74.1% | 1.3pp | 1.7pp |
| Net Margin | 9.6% | 4.1% | 7.1% | 5.5pp | 2.5pp |
| EPS (Diluted) | $0.36 | $0.14 | $0.21 | 157.1% | 71.4% |
| Free Cash Flow | $9M | $14M | $9M | -35.9% | -0.6% |
| Item | Amount |
|---|---|
| REVENUE | $86M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $65M |
| R&D Expenses | $2M |
| Selling & Marketing | $30M |
| General & Administrative | $21M |
| SG&A Expenses | $51M |
| Other Expenses | $596.0K |
| Operating Expenses | $54M |
| Cost & Expenses | $75M |
| OPERATING INCOME | $11M |
| Interest Income | $474.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $474.0K |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $2M |
| EBIT | $11M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $86M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $65M |
| R&D Expenses | $2M |
| Selling & Marketing | $30M |
| General & Administrative | $21M |
| SG&A Expenses | $51M |
| Other Expenses | $596.0K |
| Operating Expenses | $54M |
| Cost & Expenses | $75M |
| OPERATING INCOME | $11M |
| Interest Income | $474.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $474.0K |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $2M |
| EBIT | $11M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$32.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$25M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | -$16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $66M |
| Short-Term Investments | $0 |
| Net Receivables | $52M |
| Inventory | $16M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $141M |
| PP&E (Net) | $20M |
| Goodwill | $31M |
| Intangible Assets | $40M |
| Long-Term Investments | $0 |
| Tax Assets | $17M |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $118M |
| TOTAL ASSETS | $259M |
| Account Payables | $8M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12M |
| TOTAL CURRENT LIABILITIES | $39M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $15M |
| TOTAL LIABILITIES | $54M |
| Common Stock | $22.0K |
| Additional Paid-In Capital | $161M |
| Retained Earnings | $44M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $205M |
| Minority Interest | $0 |
| TOTAL EQUITY | $205M |
| TOTAL LIABILITIES & EQUITY | $259M |
| Total Debt | $17M |
| Net Debt | -$49M |
