| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $47M | $30M | $37M | 58.8% | 27.8% |
| Op. Income | $262.0K | -$2M | -$10M | 112.8% | 102.7% |
| Gross Margin | 30.1% | 29.2% | 7.7% | 0.9pp | 22.4pp |
| Net Margin | 2.8% | -6.4% | -16.0% | 9.2pp | 18.8pp |
| EPS (Diluted) | $0.09 | $-0.13 | $-0.40 | 172.4% | 123.5% |
| Free Cash Flow | $395.0K | $5M | -$5M | -92.2% | 107.6% |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $262.0K |
| Interest Income | $0 |
| Interest Expense | $69.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $455.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $2M |
| EBIT | $2M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $47M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $14M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $262.0K |
| Interest Income | $0 |
| Interest Expense | $69.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $455.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $2M |
| EBIT | $2M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $671.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$347.0K |
| Other Non-Cash Items | $766.0K |
| Change in Working Capital | -$657.0K |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $21M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$12.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $395.0K |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $83M |
| Net Receivables | $24M |
| Inventory | $56M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $206M |
| PP&E (Net) | $43M |
| Goodwill | $7M |
| Intangible Assets | $6M |
| Long-Term Investments | $41M |
| Tax Assets | $7M |
| Other Non-Current Assets | $962.0K |
| TOTAL NON-CURRENT ASSETS | $105M |
| TOTAL ASSETS | $311M |
| Account Payables | $9M |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $30M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $45M |
| Common Stock | $140.0K |
| Additional Paid-In Capital | $151M |
| Retained Earnings | $114M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $586.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $266M |
| Minority Interest | $0 |
| TOTAL EQUITY | $266M |
| TOTAL LIABILITIES & EQUITY | $311M |
| Total Debt | $22M |
| Net Debt | -$7M |
