| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $460M | $491M | $464M | -6.2% | -0.8% |
| Op. Income | $148M | $113M | $122M | 30.2% | 20.9% |
| Gross Margin | 67.0% | 52.2% | 94.1% | 14.8pp | -27.1pp |
| Net Margin | 30.9% | 27.0% | 17.6% | 3.9pp | 13.3pp |
| EPS (Diluted) | $0.13 | $0.12 | $0.08 | 13.8% | 71.7% |
| Item | Amount |
|---|---|
| REVENUE | $460M |
| Cost of Revenue | $152M |
| GROSS PROFIT | $308M |
| R&D Expenses | $37M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $120M |
| Other Expenses | $3M |
| Operating Expenses | $161M |
| Cost & Expenses | $312M |
| OPERATING INCOME | $148M |
| Interest Income | $37M |
| Interest Expense | $0 |
| Other Income/Expenses | $35M |
| INCOME BEFORE TAX | $183M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $143M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$2 |
| NET INCOME | $142M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $142M |
| D&A | $0 |
| EBIT | $148M |
| EBITDA | $148M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $460M |
| Cost of Revenue | $152M |
| GROSS PROFIT | $308M |
| R&D Expenses | $37M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $120M |
| Other Expenses | $3M |
| Operating Expenses | $161M |
| Cost & Expenses | $312M |
| OPERATING INCOME | $148M |
| Interest Income | $37M |
| Interest Expense | $0 |
| Other Income/Expenses | $35M |
| INCOME BEFORE TAX | $183M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $143M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$2 |
| NET INCOME | $142M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $142M |
| D&A | $0 |
| EBIT | $148M |
| EBITDA | $148M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $897M |
| Short-Term Investments | $1.6B |
| Net Receivables | $720M |
| Inventory | $0 |
| Other Current Assets | $138M |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $80M |
| Goodwill | $589M |
| Intangible Assets | $111M |
| Long-Term Investments | $2.2B |
| Tax Assets | $36M |
| Other Non-Current Assets | $51M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $6.5B |
| Account Payables | $6M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $345M |
| TOTAL CURRENT LIABILITIES | $417M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $27M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $29M |
| TOTAL LIABILITIES | $446M |
| Common Stock | $196.6K |
| Additional Paid-In Capital | $6.5B |
| Retained Earnings | -$1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $398M |
| Other Equity | $1 |
| TOTAL STOCKHOLDERS' EQUITY | $5.9B |
| Minority Interest | $181M |
| TOTAL EQUITY | $6.0B |
| TOTAL LIABILITIES & EQUITY | $6.5B |
| Total Debt | $5M |
| Net Debt | -$892M |
