| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $191M | $202M | $177M | -5.4% | 8.0% |
| Op. Income | -$7M | $553.0K | -$25M | -1398.4% | 71.2% |
| Gross Margin | 37.6% | 37.4% | 28.4% | 0.2pp | 9.2pp |
| Net Margin | 2.0% | 0.4% | -10.4% | 1.6pp | 12.4pp |
| EPS (Diluted) | $0.46 | $0.11 | $-2.21 | 318.2% | 120.8% |
| Free Cash Flow | -$2M | -$13M | $2M | 86.6% | -205.4% |
| Item | Amount |
|---|---|
| REVENUE | $191M |
| Cost of Revenue | $119M |
| GROSS PROFIT | $72M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $79M |
| Operating Expenses | $79M |
| Cost & Expenses | $198M |
| OPERATING INCOME | -$7M |
| Interest Income | $389.0K |
| Interest Expense | $88.0K |
| Other Income/Expenses | $301.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $5M |
| EBIT | $4M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $11M |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$619.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$619.0K |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $50M |
| Short-Term Investments | $0 |
| Net Receivables | $2M |
| Inventory | $118M |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $189M |
| PP&E (Net) | $267M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $268M |
| TOTAL ASSETS | $457M |
| Account Payables | $96M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $167M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $142.0K |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $177M |
| TOTAL LIABILITIES | $344M |
| Common Stock | $162.0K |
| Additional Paid-In Capital | $110M |
| Retained Earnings | $281M |
| Treasury Stock | -$277M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $113M |
| Minority Interest | $0 |
| TOTAL EQUITY | $113M |
| TOTAL LIABILITIES & EQUITY | $457M |
| Total Debt | $217M |
| Net Debt | $167M |
