| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $578M | — | — | — | — |
| Op. Income | -$18M | — | — | — | — |
| Gross Margin | 95.3% | — | — | — | — |
| Net Margin | -2.5% | — | — | — | — |
| EPS (Diluted) | $-2.16 | — | — | — | — |
| Free Cash Flow | $5M | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $578M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $551M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $31M |
| SG&A Expenses | $31M |
| Other Expenses | $539M |
| Operating Expenses | $569M |
| Cost & Expenses | $596M |
| OPERATING INCOME | -$18M |
| Interest Income | $0 |
| Interest Expense | $53.0K |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | -$30M |
| Income Tax Expense | $60.0K |
| Net Income from Continuing Ops | -$30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$15M |
| D&A | $154.0K |
| EBIT | -$30M |
| EBITDA | -$30M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$15M |
| Depreciation & Amortization | $154.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$19.0K |
| Acquisitions (Net) | $5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $19M |
| Common Stock Repurchased | -$806.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$775.0K |
| NET CASH FROM FINANCING | $17M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $0 |
| Net Receivables | $22M |
| Inventory | $0 |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $110M |
| PP&E (Net) | $9M |
| Goodwill | $65M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $80M |
| TOTAL ASSETS | $190M |
| Account Payables | $14M |
| Short-Term Debt | $22M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $93M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $39M |
| TOTAL LIABILITIES | $132M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $841M |
| Retained Earnings | -$805M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$395.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $35M |
| Minority Interest | $23M |
| TOTAL EQUITY | $58M |
| TOTAL LIABILITIES & EQUITY | $190M |
| Total Debt | $39M |
| Net Debt | -$4M |
