| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $366M | $348M | $350M | 5.1% | 4.5% |
| Op. Income | $21M | $15M | $13M | 41.9% | 60.5% |
| Gross Margin | 75.2% | 75.0% | 15.5% | 0.1pp | 59.7pp |
| Net Margin | 6.1% | 3.9% | 4.9% | 2.2pp | 1.2pp |
| EPS (Diluted) | $0.96 | $0.58 | $0.72 | 65.5% | 33.3% |
| Free Cash Flow | $42M | -$12M | $735.0K | 447.4% | 5601.5% |
| Item | Amount |
|---|---|
| REVENUE | $366M |
| Cost of Revenue | $91M |
| GROSS PROFIT | $275M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | $232M |
| Operating Expenses | $254M |
| Cost & Expenses | $344M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $19M |
| EBIT | $25M |
| EBITDA | $44M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $366M |
| Cost of Revenue | $91M |
| GROSS PROFIT | $275M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | $232M |
| Operating Expenses | $254M |
| Cost & Expenses | $344M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $19M |
| EBIT | $25M |
| EBITDA | $44M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$689.0K |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $62M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.0K |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$25M |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | $42M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $0 |
| Net Receivables | $18M |
| Inventory | $12M |
| Other Current Assets | $1 |
| TOTAL CURRENT ASSETS | $73M |
| PP&E (Net) | $836M |
| Goodwill | $5M |
| Intangible Assets | $0 |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $108M |
| TOTAL NON-CURRENT ASSETS | $953M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $50M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $190M |
| Long-Term Debt | $61M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $449M |
| TOTAL LIABILITIES | $639M |
| Common Stock | $0 |
| Additional Paid-In Capital | $73M |
| Retained Earnings | $313M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $387M |
| Minority Interest | $0 |
| TOTAL EQUITY | $387M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $478M |
| Net Debt | $452M |
