| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $281M | $271M | $287M | 4.0% | -2.1% |
| Op. Income | $57M | $20M | $42M | 177.5% | 34.7% |
| Gross Margin | 59.6% | 57.6% | 56.6% | 2.0pp | 3.0pp |
| Net Margin | 9.2% | 1.8% | 7.6% | 7.4pp | 1.6pp |
| EPS (Diluted) | $0.54 | $0.10 | $0.42 | 448.8% | 28.6% |
| Free Cash Flow | $52M | $700.0K | $48M | 7257.3% | 7.4% |
| Item | Amount |
|---|---|
| REVENUE | $281M |
| Cost of Revenue | $114M |
| GROSS PROFIT | $168M |
| R&D Expenses | $34M |
| Selling & Marketing | $44M |
| General & Administrative | $33M |
| SG&A Expenses | $77M |
| Other Expenses | $566.0K |
| Operating Expenses | $111M |
| Cost & Expenses | $225M |
| OPERATING INCOME | $57M |
| Interest Income | $2M |
| Interest Expense | $18M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $22M |
| EBIT | $58M |
| EBITDA | $80M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $281M |
| Cost of Revenue | $114M |
| GROSS PROFIT | $168M |
| R&D Expenses | $34M |
| Selling & Marketing | $44M |
| General & Administrative | $33M |
| SG&A Expenses | $77M |
| Other Expenses | $566.0K |
| Operating Expenses | $111M |
| Cost & Expenses | $225M |
| OPERATING INCOME | $57M |
| Interest Income | $2M |
| Interest Expense | $18M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $22M |
| EBIT | $58M |
| EBITDA | $80M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | -$432.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $67M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$46M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $447M |
| NET CASH FROM FINANCING | $398M |
| FREE CASH FLOW | $52M |
| Net Change in Cash | $455M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $0 |
| Net Receivables | $151M |
| Inventory | $0 |
| Other Current Assets | $961M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $88M |
| Goodwill | $1.1B |
| Intangible Assets | $274M |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $53M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $43M |
| Short-Term Debt | $23M |
| Deferred Revenue | $399M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $72.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$53M |
| Treasury Stock | -$1.2B |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $88M |
| Minority Interest | $0 |
| TOTAL EQUITY | $88M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $1.2B |
| Net Debt | $1.1B |
