| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $140M | $133M | $136M | 5.1% | 2.6% |
| Op. Income | $13M | $9M | $5M | 46.1% | 162.8% |
| Gross Margin | 31.0% | 32.2% | 29.9% | -1.2pp | 1.1pp |
| Net Margin | 4.0% | 2.7% | 0.8% | 1.3pp | 3.2pp |
| EPS (Diluted) | $0.34 | $0.21 | $0.07 | 61.9% | 389.9% |
| Free Cash Flow | $22M | $13M | $6M | 73.9% | 283.0% |
| Item | Amount |
|---|---|
| REVENUE | $140M |
| Cost of Revenue | $96M |
| GROSS PROFIT | $43M |
| R&D Expenses | $10M |
| Selling & Marketing | $6M |
| General & Administrative | $14M |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $6M |
| EBIT | $15M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $140M |
| Cost of Revenue | $96M |
| GROSS PROFIT | $43M |
| R&D Expenses | $10M |
| Selling & Marketing | $6M |
| General & Administrative | $14M |
| SG&A Expenses | $20M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $127M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $6M |
| EBIT | $15M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $835.0K |
| Deferred Income Tax | $12.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$985.0K |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $50M |
| Short-Term Investments | $0 |
| Net Receivables | $85M |
| Inventory | $107M |
| Other Current Assets | $13M |
| TOTAL CURRENT ASSETS | $254M |
| PP&E (Net) | $87M |
| Goodwill | $135M |
| Intangible Assets | $95M |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $334M |
| TOTAL ASSETS | $588M |
| Account Payables | $33M |
| Short-Term Debt | $0 |
| Deferred Revenue | $3M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $68M |
| Long-Term Debt | $194M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $231M |
| TOTAL LIABILITIES | $299M |
| Common Stock | $113M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $185M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $289M |
| Minority Interest | $0 |
| TOTAL EQUITY | $289M |
| TOTAL LIABILITIES & EQUITY | $588M |
| Total Debt | $227M |
| Net Debt | $177M |
