Total Revenue

-9% " " "

Total revenue declined from $73.37 million in Q3 2024 to $67.12 million in Q3 2025 due to underperformance in key divisions—especially Enterprise and Services and Products—with broader macroeconomic uncertainties impacting overall sales, in line with trends seen in previous periods. " " "

Enterprise Division

-9% " " "

Enterprise Division revenue dropped from $52.03 million to $47.27 million as canceled contracts, slower client decision-making, and macroeconomic uncertainty continued to erode revenue growth, echoing similar challenges observed in earlier quarters. " " "

Education Division

-7% " " "

Education Division revenue decreased from $20.08 million to $18.64 million likely due to a reduction in training/coaching activities and shifts in client demand, even though the division had shown growth in previous periods that indicated potential for robust performance. " " "

Services and Products

-19% " " "

Services and Products fell dramatically by 19%, from $31.86 million to $25.70 million, reflecting adverse shifts in product mix and declining customer demand, which compound previous period challenges that affected overall performance in this segment. " " "

Subscription Revenue

Essentially flat " " "

Subscription revenue remained stable at approximately $36.78 million, demonstrating resilience from multi‐year contracts that offset declines in other areas, an outcome consistent with the subscription performance trends noted in earlier quarters. " " "

Americas

-8% " "

Americas revenue dropped by about 8%, from $62.08 million to $57.01 million, likely driven by economic slowdown and reduced client spending in the region, which is a continuation of external environmental pressures noted in previous periods. " "

Asia Pacific

-24% " "

Asia Pacific revenue declined nearly 24%, falling from $7.41 million to $5.61 million, reflecting intensified market challenges and competitive pressures in the region that have deepened compared to prior period trends. " "

Europe/Middle East/Africa (EMEA)

+11% " "

EMEA revenue grew by about 11%, increasing from $4.06 million to $4.50 million, indicating that strategic market initiatives and improved local conditions helped overcome challenges faced elsewhere, partly offsetting declines in other regions. " "