| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $81M | $73M | $76M | 11.7% | 6.9% |
| Op. Income | $17M | $11M | $14M | 55.6% | 27.0% |
| Gross Margin | 42.2% | 36.4% | 38.6% | 5.8pp | 3.5pp |
| Net Margin | 17.2% | 12.3% | 14.5% | 4.9pp | 2.7pp |
| EPS (Diluted) | $0.73 | $0.47 | $0.57 | 55.3% | 28.1% |
| Free Cash Flow | -$10M | -$2M | -$3M | -430.9% | -259.7% |
| Item | Amount |
|---|---|
| REVENUE | $81M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $9M |
| Operating Expenses | $17M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $195.0K |
| EBIT | $17M |
| EBITDA | $18M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $81M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $9M |
| Operating Expenses | $17M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $195.0K |
| EBIT | $17M |
| EBITDA | $18M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $409.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$974.0K |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $30M |
| NET CASH FROM INVESTING | $23M |
| Net Debt Issuance | -$21.0K |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$673.0K |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $48M |
| Short-Term Investments | $0 |
| Net Receivables | $166M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $215M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $759M |
| Tax Assets | $20M |
| Other Non-Current Assets | $39M |
| TOTAL NON-CURRENT ASSETS | $825M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $139M |
| Other Current Liabilities | $641M |
| TOTAL CURRENT LIABILITIES | $780M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $109M |
| TOTAL NON-CURRENT LIABILITIES | $109M |
| TOTAL LIABILITIES | $890M |
| Common Stock | $208.0K |
| Additional Paid-In Capital | $226M |
| Retained Earnings | $92M |
| Treasury Stock | -$45M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $266M |
| Minority Interest | $0 |
| TOTAL EQUITY | $266M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $0 |
| Net Debt | -$48M |
