| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $202M | $195M | $194M | 3.5% | 4.1% |
| Op. Income | $30M | $33M | $21M | -8.6% | 43.1% |
| Gross Margin | 77.3% | 77.7% | 77.6% | -0.4pp | -0.3pp |
| Net Margin | 14.5% | 16.8% | 14.3% | -2.2pp | 0.2pp |
| EPS (Diluted) | $0.21 | $0.24 | $0.20 | -12.5% | 5.0% |
| Free Cash Flow | $69M | $70M | $87M | -1.0% | -20.1% |
| Item | Amount |
|---|---|
| REVENUE | $202M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $156M |
| R&D Expenses | $51M |
| Selling & Marketing | $35M |
| General & Administrative | $39M |
| SG&A Expenses | $74M |
| Other Expenses | $493.0K |
| Operating Expenses | $126M |
| Cost & Expenses | $172M |
| OPERATING INCOME | $30M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | -$575.0K |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $4M |
| EBIT | $36M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $202M |
| Cost of Revenue | $46M |
| GROSS PROFIT | $156M |
| R&D Expenses | $51M |
| Selling & Marketing | $35M |
| General & Administrative | $39M |
| SG&A Expenses | $74M |
| Other Expenses | $493.0K |
| Operating Expenses | $126M |
| Cost & Expenses | $172M |
| OPERATING INCOME | $30M |
| Interest Income | $6M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | -$575.0K |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $4M |
| EBIT | $36M |
| EBITDA | $40M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | $75M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$39M |
| Purchases of Investments | -$107M |
| Sales/Maturities of Investments | $70M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$81M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$31M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $69M |
| Net Change in Cash | -$30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $261M |
| Short-Term Investments | $382M |
| Net Receivables | $76M |
| Inventory | $0 |
| Other Current Assets | $229M |
| TOTAL CURRENT ASSETS | $949M |
| PP&E (Net) | $46M |
| Goodwill | $150M |
| Intangible Assets | $40M |
| Long-Term Investments | $0 |
| Tax Assets | $125M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $362M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $9M |
| Short-Term Debt | $359M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $41M |
| TOTAL CURRENT LIABILITIES | $660M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $23M |
| TOTAL LIABILITIES | $683M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $606M |
| Retained Earnings | $21M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $867.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $628M |
| Minority Interest | $0 |
| TOTAL EQUITY | $628M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $371M |
| Net Debt | $110M |
