| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $47M | $45M | $43M | 5.3% | 9.6% |
| Op. Income | $10M | $8M | $7M | 21.2% | 44.8% |
| Gross Margin | 68.3% | 63.9% | 63.6% | 4.3pp | 4.6pp |
| Net Margin | 17.0% | 14.8% | 12.8% | 2.2pp | 4.2pp |
| EPS (Diluted) | $0.46 | $0.38 | $0.31 | 21.1% | 48.4% |
| Free Cash Flow | $16M | $18M | $990.0K | -10.5% | 1491.7% |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $942.0K |
| General & Administrative | $13M |
| SG&A Expenses | $14M |
| Other Expenses | $8M |
| Operating Expenses | $22M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $10M |
| Interest Income | $37M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $2M |
| EBIT | $10M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $942.0K |
| General & Administrative | $13M |
| SG&A Expenses | $14M |
| Other Expenses | $8M |
| Operating Expenses | $22M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $10M |
| Interest Income | $37M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $2M |
| EBIT | $10M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $178.0K |
| Deferred Income Tax | $408.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$85.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $27M |
| Other Investing Activities | -$77M |
| NET CASH FROM INVESTING | -$56M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$67M |
| NET CASH FROM FINANCING | -$69M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | -$109M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $374M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $401M |
| PP&E (Net) | $36M |
| Goodwill | $51M |
| Intangible Assets | $4M |
| Long-Term Investments | $2.5B |
| Tax Assets | $19M |
| Other Non-Current Assets | -$2.5B |
| TOTAL NON-CURRENT ASSETS | $110M |
| TOTAL ASSETS | $3.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.6B |
| TOTAL CURRENT LIABILITIES | $2.6B |
| Long-Term Debt | $185M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $81M |
| TOTAL NON-CURRENT LIABILITIES | $266M |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $17M |
| Additional Paid-In Capital | $167M |
| Retained Earnings | $151M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$42M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $294M |
| Minority Interest | $0 |
| TOTAL EQUITY | $294M |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $185M |
| Net Debt | $157M |
