| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $62M | $62M | $59M | -0.4% | 4.0% |
| Op. Income | $11M | $11M | $6M | -4.6% | 79.4% |
| Gross Margin | 63.2% | 61.7% | 54.9% | 1.5pp | 8.2pp |
| Net Margin | 13.8% | 14.5% | 8.1% | -0.7pp | 5.7pp |
| EPS (Diluted) | $0.37 | $0.39 | $0.21 | -5.1% | 76.2% |
| Free Cash Flow | $8M | $5M | -$4M | 58.3% | 279.9% |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $39M |
| R&D Expenses | $0 |
| Selling & Marketing | $708.0K |
| General & Administrative | $16M |
| SG&A Expenses | $17M |
| Other Expenses | $12M |
| Operating Expenses | $28M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $11M |
| Interest Income | $58M |
| Interest Expense | $25M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $2M |
| EBIT | $11M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $23M |
| GROSS PROFIT | $39M |
| R&D Expenses | $0 |
| Selling & Marketing | $708.0K |
| General & Administrative | $16M |
| SG&A Expenses | $17M |
| Other Expenses | $12M |
| Operating Expenses | $28M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $11M |
| Interest Income | $58M |
| Interest Expense | $25M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $2M |
| EBIT | $11M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $529.0K |
| Deferred Income Tax | $670.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$252.0K |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $14M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $59M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$44M |
| NET CASH FROM FINANCING | $15M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $100M |
| Short-Term Investments | $691M |
| Net Receivables | $64M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $855M |
| PP&E (Net) | $72M |
| Goodwill | $1M |
| Intangible Assets | $1M |
| Long-Term Investments | $3.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $168M |
| TOTAL NON-CURRENT ASSETS | $3.9B |
| TOTAL ASSETS | $4.8B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.2B |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $114M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $43M |
| TOTAL NON-CURRENT LIABILITIES | $156M |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $23M |
| Additional Paid-In Capital | $84M |
| Retained Earnings | $351M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$52M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $406M |
| Minority Interest | $0 |
| TOTAL EQUITY | $406M |
| TOTAL LIABILITIES & EQUITY | $4.8B |
| Total Debt | $114M |
| Net Debt | $14M |
