| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $174M | $171M | $182M | 2.3% | -4.4% |
| Op. Income | $42M | $37M | $55M | 13.1% | -23.6% |
| Gross Margin | 49.6% | 50.0% | 52.2% | -0.4pp | -2.6pp |
| Net Margin | 17.8% | 14.8% | 20.8% | 3.0pp | -3.0pp |
| EPS (Diluted) | $0.64 | $0.51 | $0.73 | 25.5% | -12.3% |
| Free Cash Flow | $25M | $24M | $63M | 2.7% | -60.3% |
| Item | Amount |
|---|---|
| REVENUE | $174M |
| Cost of Revenue | $88M |
| GROSS PROFIT | $86M |
| R&D Expenses | $20M |
| Selling & Marketing | $10M |
| General & Administrative | $14M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $44M |
| Cost & Expenses | $132M |
| OPERATING INCOME | $42M |
| Interest Income | $2M |
| Interest Expense | $6M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $16M |
| EBIT | $46M |
| EBITDA | $62M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $174M |
| Cost of Revenue | $88M |
| GROSS PROFIT | $86M |
| R&D Expenses | $20M |
| Selling & Marketing | $10M |
| General & Administrative | $14M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $44M |
| Cost & Expenses | $132M |
| OPERATING INCOME | $42M |
| Interest Income | $2M |
| Interest Expense | $6M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $16M |
| EBIT | $46M |
| EBITDA | $62M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$625.0K |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | -$39M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$30M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $188M |
| Short-Term Investments | $44M |
| Net Receivables | $135M |
| Inventory | $192M |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $581M |
| PP&E (Net) | $355M |
| Goodwill | $3M |
| Intangible Assets | $575M |
| Long-Term Investments | $2M |
| Tax Assets | $71M |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $42M |
| Short-Term Debt | $927.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $176M |
| Long-Term Debt | $608M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $681M |
| TOTAL LIABILITIES | $858M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $521M |
| Retained Earnings | $625M |
| Treasury Stock | -$383M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $757M |
| Minority Interest | $0 |
| TOTAL EQUITY | $757M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $655M |
| Net Debt | $468M |
