| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $115M | $134M | $137M | -14.0% | -15.6% |
| Op. Income | $14M | $12M | $15M | 22.2% | -4.2% |
| Gross Margin | 45.1% | 36.8% | 31.5% | 8.3pp | 13.6pp |
| Net Margin | 9.6% | 7.3% | 8.5% | 2.3pp | 1.1pp |
| EPS (Diluted) | $0.71 | $0.63 | $0.84 | 12.7% | -15.5% |
| Free Cash Flow | $64M | $69M | $75M | -7.2% | -14.8% |
| Item | Amount |
|---|---|
| REVENUE | $115M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $52M |
| R&D Expenses | $0 |
| Selling & Marketing | $119.0K |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $15M |
| Operating Expenses | $38M |
| Cost & Expenses | $101M |
| OPERATING INCOME | $14M |
| Interest Income | $108M |
| Interest Expense | $31M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $3M |
| 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 | $2M |
| EBIT | $14M |
| EBITDA | $16M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $115M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $52M |
| R&D Expenses | $0 |
| Selling & Marketing | $119.0K |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $15M |
| Operating Expenses | $38M |
| Cost & Expenses | $101M |
| OPERATING INCOME | $14M |
| Interest Income | $108M |
| Interest Expense | $31M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $3M |
| 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 | $2M |
| EBIT | $14M |
| EBITDA | $16M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $83.0K |
| Other Non-Cash Items | $33M |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $66M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$371.0K |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$91M |
| NET CASH FROM INVESTING | -$92M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $123M |
| NET CASH FROM FINANCING | $121M |
| FREE CASH FLOW | $64M |
| Net Change in Cash | $95M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $720M |
| Short-Term Investments | $33.0K |
| Net Receivables | $34M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $754M |
| PP&E (Net) | $34M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.7B |
| Tax Assets | $4M |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $34M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.9B |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $48M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $71M |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $230M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $231M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $462M |
| Minority Interest | $0 |
| TOTAL EQUITY | $462M |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $53M |
| Net Debt | -$667M |
