| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $47M | $43M | $41M | 9.8% | 13.6% |
| Op. Income | $10M | $7M | $6M | 47.5% | 54.5% |
| Gross Margin | 72.2% | 67.2% | 68.4% | 5.0pp | 3.9pp |
| Net Margin | 16.4% | 12.6% | 12.1% | 3.8pp | 4.3pp |
| EPS (Diluted) | $2.37 | $1.66 | $1.50 | 42.8% | 58.0% |
| Free Cash Flow | -$5M | $3M | $1M | -268.3% | -528.5% |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $549.0K |
| General & Administrative | $15M |
| SG&A Expenses | $16M |
| Other Expenses | $9M |
| Operating Expenses | $24M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $10M |
| Interest Income | $37M |
| Interest Expense | $11M |
| 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 | $996.0K |
| EBIT | $10M |
| EBITDA | $11M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $549.0K |
| General & Administrative | $15M |
| SG&A Expenses | $16M |
| Other Expenses | $9M |
| Operating Expenses | $24M |
| Cost & Expenses | $37M |
| OPERATING INCOME | $10M |
| Interest Income | $37M |
| Interest Expense | $11M |
| 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 | $996.0K |
| EBIT | $10M |
| EBITDA | $11M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $996.0K |
| Stock-Based Compensation | $455.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$15M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$566.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$18M |
| Sales/Maturities of Investments | $14M |
| Other Investing Activities | -$52M |
| NET CASH FROM INVESTING | -$56M |
| Net Debt Issuance | $27M |
| Common Stock Repurchased | -$10.0K |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $39M |
| NET CASH FROM FINANCING | $65M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $80M |
| Short-Term Investments | $293M |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $385M |
| PP&E (Net) | $39M |
| Goodwill | $25M |
| Intangible Assets | $1M |
| Long-Term Investments | $2.0B |
| Tax Assets | $17M |
| Other Non-Current Assets | $223M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $4M |
| Short-Term Debt | $43M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.3B |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $103M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $142M |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $3M |
| Additional Paid-In Capital | $588.0K |
| Retained Earnings | $258M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$21M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $240M |
| Minority Interest | $603.0K |
| TOTAL EQUITY | $241M |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $146M |
| Net Debt | $66M |
