| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $111M | $107M | $118M | 3.9% | -5.7% |
| Op. Income | $7M | $5M | $8M | 40.4% | -8.6% |
| Gross Margin | 32.4% | 33.2% | 34.6% | -0.8pp | -2.2pp |
| Net Margin | 5.1% | 0.2% | 3.8% | 5.0pp | 1.3pp |
| EPS (Diluted) | $0.44 | $0.01 | $0.35 | 3420.0% | 25.7% |
| Free Cash Flow | $22M | -$13M | $18M | 266.9% | 23.1% |
| Item | Amount |
|---|---|
| REVENUE | $111M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $36M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $22M |
| Operating Expenses | $29M |
| Cost & Expenses | $104M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $836.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $0 |
| EBIT | $7M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $111M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $36M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $22M |
| Operating Expenses | $29M |
| Cost & Expenses | $104M |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $836.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $0 |
| EBIT | $7M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $22M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $86M |
| Short-Term Investments | $0 |
| Net Receivables | $317M |
| Inventory | $77M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $494M |
| PP&E (Net) | $22M |
| Goodwill | $20M |
| Intangible Assets | $25M |
| Long-Term Investments | $0 |
| Tax Assets | $85M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $166M |
| TOTAL ASSETS | $659M |
| Account Payables | $145M |
| Short-Term Debt | $4M |
| Deferred Revenue | $84M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $267M |
| Long-Term Debt | $101M |
| Deferred Revenue NC | $9M |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $450.0K |
| TOTAL NON-CURRENT LIABILITIES | $121M |
| TOTAL LIABILITIES | $388M |
| Common Stock | $129.0K |
| Additional Paid-In Capital | $868M |
| Retained Earnings | -$571M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $272M |
| Minority Interest | $0 |
| TOTAL EQUITY | $272M |
| TOTAL LIABILITIES & EQUITY | $659M |
| Total Debt | $108M |
| Net Debt | $22M |
