| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $192M | $185M | $170M | 4.1% | 12.7% |
| Op. Income | $4M | -$4M | $5M | 211.8% | -11.8% |
| Gross Margin | 63.1% | 65.7% | 64.8% | -2.5pp | -1.7pp |
| Net Margin | 2.1% | -0.5% | 4.2% | 2.6pp | -2.1pp |
| EPS (Diluted) | $0.02 | $-0.01 | $0.05 | 515.0% | -50.2% |
| Free Cash Flow | $36M | $30M | $18M | 19.5% | 96.2% |
| Item | Amount |
|---|---|
| REVENUE | $192M |
| Cost of Revenue | $71M |
| GROSS PROFIT | $121M |
| R&D Expenses | $38M |
| Selling & Marketing | $47M |
| General & Administrative | $43M |
| SG&A Expenses | $91M |
| Other Expenses | -$12M |
| Operating Expenses | $117M |
| Cost & Expenses | $188M |
| OPERATING INCOME | $4M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $2M |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $192M |
| Cost of Revenue | $71M |
| GROSS PROFIT | $121M |
| R&D Expenses | $38M |
| Selling & Marketing | $47M |
| General & Administrative | $43M |
| SG&A Expenses | $91M |
| Other Expenses | -$12M |
| Operating Expenses | $117M |
| Cost & Expenses | $188M |
| OPERATING INCOME | $4M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $2M |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$949.0K |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $62M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $36M |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $314M |
| Short-Term Investments | $0 |
| Net Receivables | $132M |
| Inventory | $0 |
| Other Current Assets | $51M |
| TOTAL CURRENT ASSETS | $519M |
| PP&E (Net) | $20M |
| Goodwill | $393M |
| Intangible Assets | $233M |
| Long-Term Investments | $15M |
| Tax Assets | $0 |
| Other Non-Current Assets | $42M |
| TOTAL NON-CURRENT ASSETS | $703M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $35M |
| Short-Term Debt | $4M |
| Deferred Revenue | $334M |
| Other Current Liabilities | $84M |
| TOTAL CURRENT LIABILITIES | $516M |
| Long-Term Debt | $337M |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $81M |
| TOTAL NON-CURRENT LIABILITIES | $441M |
| TOTAL LIABILITIES | $957M |
| Common Stock | $159.0K |
| Additional Paid-In Capital | $304M |
| Retained Earnings | -$39M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$763.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $264M |
| Minority Interest | $0 |
| TOTAL EQUITY | $264M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $351M |
| Net Debt | $38M |
