| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $50M | $43M | $33M | 15.6% | 50.9% |
| Op. Income | $15M | -$549.0K | $14M | 2815.8% | 4.6% |
| Gross Margin | 80.1% | 66.2% | 92.0% | 13.9pp | -11.9pp |
| Net Margin | 23.2% | -0.6% | 33.9% | 23.8pp | -10.7pp |
| EPS (Diluted) | $1.11 | $-0.03 | $1.32 | 4107.2% | -15.9% |
| Free Cash Flow | $18M | -$730.0K | $9M | 2558.5% | 90.5% |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $11M |
| Operating Expenses | $25M |
| Cost & Expenses | $35M |
| OPERATING INCOME | $15M |
| Interest Income | $41M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $2M |
| EBIT | $15M |
| EBITDA | $17M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $40M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $11M |
| Operating Expenses | $25M |
| Cost & Expenses | $35M |
| OPERATING INCOME | $15M |
| Interest Income | $41M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $2M |
| EBIT | $15M |
| EBITDA | $17M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $276.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $50.0K |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | $185.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $20M |
| Other Investing Activities | -$19M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | -$23M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $103M |
| Short-Term Investments | $455M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $558M |
| PP&E (Net) | $36M |
| Goodwill | $64M |
| Intangible Assets | $25M |
| Long-Term Investments | $2.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $176M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $0 |
| Short-Term Debt | $43M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.5B |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $255M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $297M |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $28M |
| Additional Paid-In Capital | $179M |
| Retained Earnings | $239M |
| Treasury Stock | -$17M |
| Accum. Other Comp. Income | -$33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $395M |
| Minority Interest | $0 |
| TOTAL EQUITY | $395M |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $303M |
| Net Debt | $200M |
