| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $360M | $376M | $362M | -4.3% | -0.5% |
| Op. Income | $49M | $53M | $53M | -7.6% | -8.5% |
| Gross Margin | 90.0% | 90.3% | 90.8% | -0.4pp | -0.8pp |
| Net Margin | 10.5% | 10.5% | 11.7% | 0.0pp | -1.2pp |
| EPS (Diluted) | $0.61 | $0.60 | $0.62 | 1.7% | -1.6% |
| Free Cash Flow | $72M | $119M | $60M | -39.8% | 19.4% |
| Item | Amount |
|---|---|
| REVENUE | $360M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $324M |
| R&D Expenses | $73M |
| Selling & Marketing | $150M |
| General & Administrative | $38M |
| SG&A Expenses | $189M |
| Other Expenses | $13M |
| Operating Expenses | $275M |
| Cost & Expenses | $311M |
| OPERATING INCOME | $49M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $13M |
| EBIT | $52M |
| EBITDA | $64M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $360M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $324M |
| R&D Expenses | $73M |
| Selling & Marketing | $150M |
| General & Administrative | $38M |
| SG&A Expenses | $189M |
| Other Expenses | $13M |
| Operating Expenses | $275M |
| Cost & Expenses | $311M |
| OPERATING INCOME | $49M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $13M |
| EBIT | $52M |
| EBITDA | $64M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $49M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $84M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$19M |
| Sales/Maturities of Investments | $24M |
| Other Investing Activities | $50.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$89M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$92M |
| FREE CASH FLOW | $72M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $216M |
| Short-Term Investments | $103M |
| Net Receivables | $153M |
| Inventory | $0 |
| Other Current Assets | $42M |
| TOTAL CURRENT ASSETS | $515M |
| PP&E (Net) | $108M |
| Goodwill | $136M |
| Intangible Assets | $49M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $151M |
| TOTAL NON-CURRENT ASSETS | $444M |
| TOTAL ASSETS | $958M |
| Account Payables | $159M |
| Short-Term Debt | $7M |
| Deferred Revenue | $6M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $172M |
| Long-Term Debt | $17M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $76M |
| TOTAL LIABILITIES | $248M |
| Common Stock | $0 |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$1.3B |
| Treasury Stock | -$999.0K |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $711M |
| Minority Interest | $0 |
| TOTAL EQUITY | $711M |
| TOTAL LIABILITIES & EQUITY | $958M |
| Total Debt | $42M |
| Net Debt | -$174M |
