| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $98M | — | $84M | — | 15.5% |
| Op. Income | $3M | — | -$1M | — | 297.5% |
| Gross Margin | 71.5% | — | 70.6% | — | 0.9pp |
| Net Margin | 1.5% | — | -2.3% | — | 3.8pp |
| EPS (Diluted) | $0.02 | — | $-0.03 | — | 173.6% |
| Free Cash Flow | -$8M | — | -$8M | — | -4.4% |
| Item | Amount |
|---|---|
| REVENUE | $98M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $70M |
| R&D Expenses | $29M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $77.0K |
| Operating Expenses | $67M |
| Cost & Expenses | $95M |
| OPERATING INCOME | $3M |
| Interest Income | $498.0K |
| Interest Expense | $61.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $3M |
| EBIT | $1M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $98M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $70M |
| R&D Expenses | $29M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $77.0K |
| Operating Expenses | $67M |
| Cost & Expenses | $95M |
| OPERATING INCOME | $3M |
| Interest Income | $498.0K |
| Interest Expense | $61.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $3M |
| EBIT | $1M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $18.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$74.0K |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $84M |
| Short-Term Investments | $0 |
| Net Receivables | $127M |
| Inventory | $17M |
| Other Current Assets | $189.0K |
| TOTAL CURRENT ASSETS | $270M |
| PP&E (Net) | $64M |
| Goodwill | $127M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $218M |
| TOTAL ASSETS | $488M |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $94M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $201M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $20M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $61M |
| TOTAL LIABILITIES | $263M |
| Common Stock | $0 |
| Additional Paid-In Capital | $384M |
| Retained Earnings | -$156M |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $203M |
| Minority Interest | $22M |
| TOTAL EQUITY | $225M |
| TOTAL LIABILITIES & EQUITY | $488M |
| Total Debt | $31M |
| Net Debt | -$53M |
