| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $69M | $66M | $60M | 4.9% | 15.5% |
| Op. Income | $10M | $9M | $8M | 17.5% | 30.3% |
| Gross Margin | 78.9% | 79.7% | 80.0% | -0.8pp | -1.1pp |
| Net Margin | 15.2% | 14.4% | 15.8% | 0.8pp | -0.6pp |
| EPS (Diluted) | $0.14 | $0.13 | $0.13 | 7.7% | 7.7% |
| Free Cash Flow | $18M | $13M | $9M | 41.1% | 105.8% |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $55M |
| R&D Expenses | $16M |
| Selling & Marketing | $21M |
| General & Administrative | $7M |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $44M |
| Cost & Expenses | $59M |
| OPERATING INCOME | $10M |
| Interest Income | $3M |
| Interest Expense | $1M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $4M |
| EBIT | $13M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $69M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $55M |
| R&D Expenses | $16M |
| Selling & Marketing | $21M |
| General & Administrative | $7M |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $44M |
| Cost & Expenses | $59M |
| OPERATING INCOME | $10M |
| Interest Income | $3M |
| Interest Expense | $1M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $4M |
| EBIT | $13M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$552.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$26M |
| Sales/Maturities of Investments | $24M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$53.0K |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $253M |
| Short-Term Investments | $114M |
| Net Receivables | $52M |
| Inventory | $20M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $457M |
| PP&E (Net) | $44M |
| Goodwill | $15M |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $62M |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $151M |
| TOTAL ASSETS | $608M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $73M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $108M |
| Long-Term Debt | $218M |
| Deferred Revenue NC | $71M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $392.0K |
| TOTAL NON-CURRENT LIABILITIES | $296M |
| TOTAL LIABILITIES | $404M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $521M |
| Retained Earnings | -$20M |
| Treasury Stock | -$232M |
| Accum. Other Comp. Income | -$137.0K |
| Other Equity | -$64M |
| TOTAL STOCKHOLDERS' EQUITY | $204M |
| Minority Interest | $0 |
| TOTAL EQUITY | $204M |
| TOTAL LIABILITIES & EQUITY | $608M |
| Total Debt | $230M |
| Net Debt | -$23M |
