| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $130M | $122M | $126M | 6.5% | 2.7% |
| Op. Income | $12M | $2M | $2M | 475.0% | 422.7% |
| Gross Margin | 74.5% | 74.2% | 70.2% | 0.3pp | 4.3pp |
| Net Margin | 10.3% | 1.6% | -15.6% | 8.7pp | 25.9pp |
| EPS (Diluted) | $0.02 | $0.00 | $-0.03 | 593.8% | 168.9% |
| Free Cash Flow | $2M | -$20M | -$19M | 108.5% | 109.0% |
| Item | Amount |
|---|---|
| REVENUE | $130M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $97M |
| R&D Expenses | $26M |
| Selling & Marketing | $24M |
| General & Administrative | $32M |
| SG&A Expenses | $56M |
| Other Expenses | $4M |
| Operating Expenses | $85M |
| Cost & Expenses | $118M |
| OPERATING INCOME | $12M |
| Interest Income | $3M |
| Interest Expense | $1M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $100.0K |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $5M |
| EBIT | $13M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $130M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $97M |
| R&D Expenses | $26M |
| Selling & Marketing | $24M |
| General & Administrative | $32M |
| SG&A Expenses | $56M |
| Other Expenses | $4M |
| Operating Expenses | $85M |
| Cost & Expenses | $118M |
| OPERATING INCOME | $12M |
| Interest Income | $3M |
| Interest Expense | $1M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $100.0K |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $5M |
| EBIT | $13M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $30M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | $14M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$20M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $291M |
| Short-Term Investments | $14M |
| Net Receivables | $176M |
| Inventory | $0 |
| Other Current Assets | $26M |
| TOTAL CURRENT ASSETS | $507M |
| PP&E (Net) | $32M |
| Goodwill | $479M |
| Intangible Assets | $42M |
| Long-Term Investments | $59M |
| Tax Assets | $0 |
| Other Non-Current Assets | $65M |
| TOTAL NON-CURRENT ASSETS | $677M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $4M |
| Short-Term Debt | $13M |
| Deferred Revenue | $129M |
| Other Current Liabilities | $58M |
| TOTAL CURRENT LIABILITIES | $230M |
| Long-Term Debt | $196M |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $229M |
| TOTAL LIABILITIES | $459M |
| Common Stock | $3.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $725M |
| Minority Interest | $0 |
| TOTAL EQUITY | $725M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $234M |
| Net Debt | -$266M |
