| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $42M | $42M | $41M | -0.1% | 2.9% |
| Op. Income | $10M | $9M | $6M | 11.1% | 63.1% |
| Gross Margin | 62.6% | 60.8% | 54.9% | 1.8pp | 7.7pp |
| Net Margin | 20.0% | 18.0% | 12.8% | 2.0pp | 7.2pp |
| EPS (Diluted) | $1.76 | $1.58 | $1.10 | 11.4% | 60.0% |
| Free Cash Flow | $5M | $10M | $3M | -47.0% | 89.6% |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $6M |
| Operating Expenses | $16M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $10M |
| Interest Income | $38M |
| Interest Expense | $15M |
| 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 | $472.0K |
| EBIT | $10M |
| EBITDA | $11M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $6M |
| Operating Expenses | $16M |
| Cost & Expenses | $32M |
| OPERATING INCOME | $10M |
| Interest Income | $38M |
| Interest Expense | $15M |
| 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 | $472.0K |
| EBIT | $10M |
| EBITDA | $11M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $472.0K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $732.0K |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$86.0K |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$495.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$29M |
| Sales/Maturities of Investments | $26M |
| Other Investing Activities | $75M |
| NET CASH FROM INVESTING | $71M |
| Net Debt Issuance | $11M |
| Common Stock Repurchased | -$239.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$72M |
| NET CASH FROM FINANCING | -$64M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $53M |
| Short-Term Investments | $63M |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $127M |
| PP&E (Net) | $22M |
| Goodwill | $86M |
| Intangible Assets | $3M |
| Long-Term Investments | $2.2B |
| Tax Assets | $14M |
| Other Non-Current Assets | $471M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.3B |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $313M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $45M |
| TOTAL NON-CURRENT LIABILITIES | $358M |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $5M |
| Additional Paid-In Capital | $148M |
| Retained Earnings | $198M |
| Treasury Stock | -$16M |
| Accum. Other Comp. Income | -$21M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $314M |
| Minority Interest | $0 |
| TOTAL EQUITY | $314M |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $313M |
| Net Debt | $260M |
