| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2M | $1M | $2M | 9.4% | 0.1% |
| Op. Income | $61M | $22M | -$13M | 169.9% | 562.1% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | 3449.5% | 1775.7% | -823.1% | 1673.7pp | 4272.6pp |
| EPS (Diluted) | $2.86 | $1.35 | $-0.69 | 111.9% | 514.5% |
| Free Cash Flow | -$12M | -$7M | -$3M | -65.7% | -338.0% |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $2M |
| R&D Expenses | $1M |
| Selling & Marketing | $1M |
| General & Administrative | $8M |
| SG&A Expenses | $10M |
| Other Expenses | -$70M |
| Operating Expenses | -$59M |
| Cost & Expenses | -$59M |
| OPERATING INCOME | $61M |
| Interest Income | $379.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $379.0K |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $133.0K |
| EBIT | -$10M |
| EBITDA | -$10M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $2M |
| Cost of Revenue | $0 |
| GROSS PROFIT | $2M |
| R&D Expenses | $1M |
| Selling & Marketing | $1M |
| General & Administrative | $8M |
| SG&A Expenses | $10M |
| Other Expenses | -$70M |
| Operating Expenses | -$59M |
| Cost & Expenses | -$59M |
| OPERATING INCOME | $61M |
| Interest Income | $379.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $379.0K |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $133.0K |
| EBIT | -$10M |
| EBITDA | -$10M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $54M |
| Depreciation & Amortization | $133.0K |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$71M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $13M |
| NET CASH FROM INVESTING | -$604.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$990.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$74.0K |
| NET CASH FROM FINANCING | -$907.0K |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $48M |
| Short-Term Investments | $0 |
| Net Receivables | $8M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $59M |
| PP&E (Net) | $5M |
| Goodwill | $0 |
| Intangible Assets | $325M |
| Long-Term Investments | $407.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $362M |
| TOTAL ASSETS | $420M |
| Account Payables | $15M |
| Short-Term Debt | $1M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $35M |
| Long-Term Debt | $3M |
| Deferred Revenue NC | $128M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $145M |
| TOTAL LIABILITIES | $180M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $555M |
| Retained Earnings | -$314M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $240M |
| Minority Interest | $0 |
| TOTAL EQUITY | $240M |
| TOTAL LIABILITIES & EQUITY | $420M |
| Total Debt | $8M |
| Net Debt | -$40M |
