| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $49M | $46M | $49M | 6.7% | 0.0% |
| Op. Income | $14M | $12M | $14M | 16.1% | 0.2% |
| Gross Margin | 73.0% | 70.8% | 71.0% | 2.1pp | 2.0pp |
| Net Margin | 21.7% | 19.8% | 20.9% | 1.9pp | 0.7pp |
| EPS (Diluted) | $0.78 | $0.65 | $0.71 | 20.0% | 9.9% |
| Free Cash Flow | -$36M | $40M | $202.0K | -190.2% | -18075.7% |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $405.0K |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $7M |
| Operating Expenses | $22M |
| Cost & Expenses | $35M |
| OPERATING INCOME | $14M |
| Interest Income | $43M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $691.0K |
| EBIT | $14M |
| EBITDA | $15M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $49M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $405.0K |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $7M |
| Operating Expenses | $22M |
| Cost & Expenses | $35M |
| OPERATING INCOME | $14M |
| Interest Income | $43M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $691.0K |
| EBIT | $14M |
| EBITDA | $15M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $691.0K |
| Stock-Based Compensation | $539.0K |
| Deferred Income Tax | -$294.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$49M |
| OPERATING CASH FLOW | -$36M |
| Capital Expenditure | -$451.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$86M |
| Sales/Maturities of Investments | $41M |
| Other Investing Activities | -$148M |
| NET CASH FROM INVESTING | -$193M |
| Net Debt Issuance | $74M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $132M |
| NET CASH FROM FINANCING | $199M |
| FREE CASH FLOW | -$36M |
| Net Change in Cash | -$30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $130M |
| Short-Term Investments | $967M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $15M |
| Goodwill | $27M |
| Intangible Assets | $294.0K |
| Long-Term Investments | $2.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$2.7B |
| TOTAL NON-CURRENT ASSETS | $15M |
| TOTAL ASSETS | $3.8B |
| Account Payables | $0 |
| Short-Term Debt | $201M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.0B |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $165M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $51M |
| TOTAL NON-CURRENT LIABILITIES | $239M |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $105M |
| Additional Paid-In Capital | $5M |
| Retained Earnings | $274M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $356M |
| Minority Interest | $0 |
| TOTAL EQUITY | $356M |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $389M |
| Net Debt | $259M |
