| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $35M | $34M | $34M | 2.5% | 3.6% |
| Op. Income | $9M | $8M | $8M | 13.4% | 14.8% |
| Gross Margin | 70.0% | 69.5% | 69.5% | 0.5pp | 0.5pp |
| Net Margin | 18.2% | 16.7% | 16.6% | 1.5pp | 1.6pp |
| EPS (Diluted) | $0.58 | $0.51 | $0.50 | 13.7% | 16.0% |
| Free Cash Flow | $6M | $9M | $7M | -38.5% | -24.3% |
| Item | Amount |
|---|---|
| REVENUE | $35M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $252.0K |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $5M |
| Operating Expenses | $16M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $9M |
| Interest Income | $33M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| 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 | $739.0K |
| EBIT | $9M |
| EBITDA | $9M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $35M |
| Cost of Revenue | $10M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $252.0K |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $5M |
| Operating Expenses | $16M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $9M |
| Interest Income | $33M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| 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 | $739.0K |
| EBIT | $9M |
| EBITDA | $9M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $739.0K |
| Stock-Based Compensation | $151.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $286.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$749.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | -$33M |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $58M |
| NET CASH FROM FINANCING | $54M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $185M |
| Net Receivables | $25M |
| Inventory | $0 |
| Other Current Assets | -$27M |
| TOTAL CURRENT ASSETS | $206M |
| PP&E (Net) | $27M |
| Goodwill | $39M |
| Intangible Assets | $2M |
| Long-Term Investments | $2.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$2.2B |
| TOTAL NON-CURRENT ASSETS | $68M |
| TOTAL ASSETS | $2.6B |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.2B |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $73M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $94M |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $168M |
| Additional Paid-In Capital | $287.0K |
| Retained Earnings | $173M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $331M |
| Minority Interest | $0 |
| TOTAL EQUITY | $331M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $87M |
| Net Debt | $65M |
