| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $306M | $272M | $282M | 12.4% | 8.3% |
| Op. Income | $56M | $44M | $48M | 29.4% | 16.7% |
| Gross Margin | 47.4% | 46.7% | 46.9% | 0.8pp | 0.5pp |
| Net Margin | 14.7% | 12.9% | 13.9% | 1.8pp | 0.8pp |
| EPS (Diluted) | $0.89 | $0.70 | $0.78 | 27.1% | 14.1% |
| Free Cash Flow | $46M | $20M | $36M | 137.1% | 28.4% |
| Item | Amount |
|---|---|
| REVENUE | $306M |
| Cost of Revenue | $161M |
| GROSS PROFIT | $145M |
| R&D Expenses | $0 |
| Selling & Marketing | $74M |
| General & Administrative | $15M |
| SG&A Expenses | $89M |
| Other Expenses | $0 |
| Operating Expenses | $89M |
| Cost & Expenses | $249M |
| OPERATING INCOME | $56M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $6M |
| EBIT | $60M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $306M |
| Cost of Revenue | $161M |
| GROSS PROFIT | $145M |
| R&D Expenses | $0 |
| Selling & Marketing | $74M |
| General & Administrative | $15M |
| SG&A Expenses | $89M |
| Other Expenses | $0 |
| Operating Expenses | $89M |
| Cost & Expenses | $249M |
| OPERATING INCOME | $56M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $6M |
| EBIT | $60M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $58M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$18M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $46M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $298M |
| Short-Term Investments | $22M |
| Net Receivables | $8M |
| Inventory | $142M |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $493M |
| PP&E (Net) | $493M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $30M |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $535M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $73M |
| Short-Term Debt | $82M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$41M |
| TOTAL CURRENT LIABILITIES | $230M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $323M |
| TOTAL LIABILITIES | $552M |
| Common Stock | $512.0K |
| Additional Paid-In Capital | $214M |
| Retained Earnings | $262M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $476M |
| Minority Interest | $0 |
| TOTAL EQUITY | $476M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $376M |
| Net Debt | $78M |
