Q2 2025 Earnings

Reported June 29, 2025

Quarter Comparison

Revenue

Operating Income

Net Margin

EPS (Diluted)

Metric	Q2 2025	Q1 2025	Q2 2024	QoQ Change	YoY Change
Revenue	$33M	—	$30M	—	10.5%
Op. Income	$62M	—	$23M	—	164.7%
Net Margin	131.5%	—	143.6%	—	-12.1pp
EPS (Diluted)	$3.84	—	$4.26	—	-9.9%

Income Statement

Item	Amount
REVENUE	$33M
Cost of Revenue	$21M
GROSS PROFIT	$0
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$0
Operating Expenses	$0
Cost & Expenses	-$29M
OPERATING INCOME	$62M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$9M
INCOME BEFORE TAX	$70M
Income Tax Expense	$2M
Net Income from Continuing Ops	$69M
Net Income from Discontinued Ops	$0
Other Adjustments	-$2M
NET INCOME	$43M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$43M
D&A	$0
EBIT	$62M
EBITDA	$62M
EPS	$4
EPS Diluted	$4