| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $198M | $202M | $191M | -1.6% | 3.6% |
| Op. Income | $28M | $30M | $14M | -4.9% | 108.3% |
| Gross Margin | 78.0% | 77.3% | 77.7% | 0.7pp | 0.3pp |
| Net Margin | 7.9% | 14.5% | 76.9% | -6.7pp | -69.0pp |
| EPS (Diluted) | $0.11 | $0.21 | $1.03 | -47.6% | -89.3% |
| Free Cash Flow | $63M | $69M | $5M | -8.9% | 1267.8% |
| Item | Amount |
|---|---|
| REVENUE | $198M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $155M |
| R&D Expenses | $47M |
| Selling & Marketing | $36M |
| General & Administrative | $42M |
| SG&A Expenses | $78M |
| Other Expenses | $2M |
| Operating Expenses | $126M |
| Cost & Expenses | $170M |
| OPERATING INCOME | $28M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | -$345.0K |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $7M |
| EBIT | $34M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $198M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $155M |
| R&D Expenses | $47M |
| Selling & Marketing | $36M |
| General & Administrative | $42M |
| SG&A Expenses | $78M |
| Other Expenses | $2M |
| Operating Expenses | $126M |
| Cost & Expenses | $170M |
| OPERATING INCOME | $28M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | -$345.0K |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $7M |
| EBIT | $34M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | $19M |
| Other Non-Cash Items | -$852.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$455.0K |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$122M |
| Sales/Maturities of Investments | $125M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | $1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$34M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$32M |
| NET CASH FROM FINANCING | -$62M |
| FREE CASH FLOW | $63M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $298M |
| Short-Term Investments | $378M |
| Net Receivables | $76M |
| Inventory | $0 |
| Other Current Assets | $202M |
| TOTAL CURRENT ASSETS | $951M |
| PP&E (Net) | $49M |
| Goodwill | $149M |
| Intangible Assets | $37M |
| Long-Term Investments | $0 |
| Tax Assets | $111M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $349M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $189M |
| Short-Term Debt | $360M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $94M |
| TOTAL CURRENT LIABILITIES | $650M |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$317.0K |
| TOTAL NON-CURRENT LIABILITIES | $19M |
| TOTAL LIABILITIES | $669M |
| Common Stock | $13.0K |
| Additional Paid-In Capital | $593M |
| Retained Earnings | $37M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $754.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $630M |
| Minority Interest | $0 |
| TOTAL EQUITY | $630M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $381M |
| Net Debt | $83M |
