| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31M | $28M | $30M | 8.2% | 2.1% |
| Op. Income | -$2M | -$463.0K | $1M | -256.2% | -234.6% |
| Gross Margin | 43.3% | 50.4% | 52.7% | -7.1pp | -9.4pp |
| Net Margin | -4.0% | -1.2% | 2.9% | -2.8pp | -6.9pp |
| EPS (Diluted) | $-0.39 | $-0.17 | $0.12 | -129.4% | -425.0% |
| Free Cash Flow | $63M | $74M | $78M | -14.8% | -19.5% |
| Item | Amount |
|---|---|
| REVENUE | $31M |
| Cost of Revenue | $17M |
| GROSS PROFIT | $13M |
| R&D Expenses | $0 |
| Selling & Marketing | $403.0K |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $6M |
| Operating Expenses | $15M |
| Cost & Expenses | $32M |
| OPERATING INCOME | -$2M |
| Interest Income | $23M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$412.0K |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $3M |
| EBIT | -$2M |
| EBITDA | $855.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $77.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $67M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $63M |
| Capital Expenditure | -$193.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | -$109M |
| NET CASH FROM INVESTING | -$104M |
| Net Debt Issuance | $20M |
| Common Stock Repurchased | -$4.0K |
| Common Dividends Paid | -$331.0K |
| Other Financing Activities | $36M |
| NET CASH FROM FINANCING | $55M |
| FREE CASH FLOW | $63M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $79M |
| Short-Term Investments | $4M |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $92M |
| PP&E (Net) | $48M |
| Goodwill | $0 |
| Intangible Assets | $16M |
| Long-Term Investments | $1.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $44M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.3B |
| Account Payables | $1M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $48M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $895.0K |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $71M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $55M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $41M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | -$1M |
| TOTAL STOCKHOLDERS' EQUITY | $108M |
| Minority Interest | $0 |
| TOTAL EQUITY | $108M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $61M |
| Net Debt | -$17M |
