| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $101M | $95M | — | 6.3% | — |
| Op. Income | $26M | $18M | — | 50.1% | — |
| Gross Margin | 72.9% | 70.7% | — | 2.2pp | — |
| Net Margin | 20.0% | 14.0% | — | 6.0pp | — |
| EPS (Diluted) | $0.78 | $0.52 | — | 50.0% | — |
| Free Cash Flow | $8M | $6M | — | 33.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $101M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $74M |
| R&D Expenses | $0 |
| Selling & Marketing | $787.0K |
| General & Administrative | $24M |
| SG&A Expenses | $25M |
| Other Expenses | $22M |
| Operating Expenses | $47M |
| Cost & Expenses | $75M |
| OPERATING INCOME | $26M |
| Interest Income | $70M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $4M |
| EBIT | $26M |
| EBITDA | $30M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $101M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $74M |
| R&D Expenses | $0 |
| Selling & Marketing | $787.0K |
| General & Administrative | $24M |
| SG&A Expenses | $25M |
| Other Expenses | $22M |
| Operating Expenses | $47M |
| Cost & Expenses | $75M |
| OPERATING INCOME | $26M |
| Interest Income | $70M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $4M |
| EBIT | $26M |
| EBITDA | $30M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $648.0K |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$18M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$584.0K |
| Sales/Maturities of Investments | $38M |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | $26M |
| Net Debt Issuance | $115M |
| Common Stock Repurchased | -$49.0K |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$148M |
| NET CASH FROM FINANCING | -$39M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $81M |
| Short-Term Investments | $543M |
| Net Receivables | $21M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $645M |
| PP&E (Net) | $55M |
| Goodwill | $86M |
| Intangible Assets | $46M |
| Long-Term Investments | $4.3B |
| Tax Assets | $41M |
| Other Non-Current Assets | $135M |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $0 |
| Short-Term Debt | $315M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.3B |
| TOTAL CURRENT LIABILITIES | $4.7B |
| Long-Term Debt | $59M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $61M |
| TOTAL NON-CURRENT LIABILITIES | $139M |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $25M |
| Additional Paid-In Capital | $271M |
| Retained Earnings | $297M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$60M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $533M |
| Minority Interest | $0 |
| TOTAL EQUITY | $533M |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $392M |
| Net Debt | $311M |
