| Metric | Q3 2025 | Q2 2025 | Q3 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $157M | $146M | $155M | 7.4% | 1.2% |
| Op. Income | $27M | $23M | $27M | 17.5% | 0.7% |
| Gross Margin | 56.2% | 54.6% | 53.1% | 1.6pp | 3.0pp |
| Net Margin | 13.4% | 20.4% | 12.8% | -7.1pp | 0.6pp |
| EPS (Diluted) | $1.54 | $2.19 | $1.46 | -29.7% | 5.5% |
| Free Cash Flow | $34M | $7M | $19M | 413.5% | 81.9% |
| Item | Amount |
|---|---|
| REVENUE | $157M |
| Cost of Revenue | $69M |
| GROSS PROFIT | $88M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $42M |
| SG&A Expenses | $52M |
| Other Expenses | $9M |
| Operating Expenses | $61M |
| Cost & Expenses | $130M |
| OPERATING INCOME | $27M |
| Interest Income | $104.0K |
| Interest Expense | $887.0K |
| Other Income/Expenses | $97.0K |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $3M |
| EBIT | $28M |
| EBITDA | $31M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $157M |
| Cost of Revenue | $69M |
| GROSS PROFIT | $88M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $42M |
| SG&A Expenses | $52M |
| Other Expenses | $9M |
| Operating Expenses | $61M |
| Cost & Expenses | $130M |
| OPERATING INCOME | $27M |
| Interest Income | $104.0K |
| Interest Expense | $887.0K |
| Other Income/Expenses | $97.0K |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $3M |
| EBIT | $28M |
| EBITDA | $31M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$394.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $35M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $72.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$37M |
| FREE CASH FLOW | $34M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $52M |
| Short-Term Investments | $0 |
| Net Receivables | $112M |
| Inventory | $77M |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $266M |
| PP&E (Net) | $74M |
| Goodwill | $97M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $189M |
| TOTAL ASSETS | $456M |
| Account Payables | $28M |
| Short-Term Debt | $10M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $94M |
| Long-Term Debt | $86M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $105M |
| TOTAL LIABILITIES | $199M |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $178M |
| Retained Earnings | $532M |
| Treasury Stock | -$426M |
| Accum. Other Comp. Income | -$28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $257M |
| Minority Interest | $0 |
| TOTAL EQUITY | $257M |
| TOTAL LIABILITIES & EQUITY | $456M |
| Total Debt | $106M |
| Net Debt | $55M |
