| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $77M | $75M | $57M | 1.9% | 34.5% |
| Op. Income | $17M | $18M | $11M | -6.5% | 56.4% |
| Gross Margin | 72.6% | 74.8% | 70.1% | -2.2pp | 2.5pp |
| Net Margin | 17.1% | 18.5% | 14.4% | -1.4pp | 2.7pp |
| EPS (Diluted) | $0.78 | $0.82 | $0.59 | -4.9% | 32.2% |
| Free Cash Flow | -$5M | $22M | $12M | -121.1% | -139.0% |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $56M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $18M |
| SG&A Expenses | $20M |
| Other Expenses | $19M |
| Operating Expenses | $39M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $17M |
| Interest Income | $65M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $994.0K |
| EBIT | $17M |
| EBITDA | $18M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $77M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $56M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $18M |
| SG&A Expenses | $20M |
| Other Expenses | $19M |
| Operating Expenses | $39M |
| Cost & Expenses | $60M |
| OPERATING INCOME | $17M |
| Interest Income | $65M |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $994.0K |
| EBIT | $17M |
| EBITDA | $18M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $994.0K |
| Stock-Based Compensation | $596.0K |
| Deferred Income Tax | -$109.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$511.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$32M |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | -$46M |
| NET CASH FROM INVESTING | -$60M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $50M |
| NET CASH FROM FINANCING | $45M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $275M |
| Short-Term Investments | $128M |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $418M |
| PP&E (Net) | $15M |
| Goodwill | $22M |
| Intangible Assets | $15M |
| Long-Term Investments | $2.8B |
| Tax Assets | $16M |
| Other Non-Current Assets | $88M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.9B |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $34M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $60M |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $166.0K |
| Additional Paid-In Capital | $127M |
| Retained Earnings | $261M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $380M |
| Minority Interest | $0 |
| TOTAL EQUITY | $380M |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $34M |
| Net Debt | -$240M |
