| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40M | $38M | $39M | 4.9% | 3.8% |
| Op. Income | $8M | $8M | $7M | -2.2% | 0.7% |
| Gross Margin | 66.0% | 68.8% | 67.8% | -2.8pp | -1.8pp |
| Net Margin | 15.2% | 16.4% | 15.8% | -1.2pp | -0.6pp |
| EPS (Diluted) | $0.40 | $0.41 | $0.40 | -2.4% | 0.0% |
| Free Cash Flow | $8M | $1M | $8M | 671.2% | 0.7% |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $8M |
| Operating Expenses | $19M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $8M |
| Interest Income | $32M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $562.0K |
| EBIT | $8M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $8M |
| Operating Expenses | $19M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $8M |
| Interest Income | $32M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $562.0K |
| EBIT | $8M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $562.0K |
| Stock-Based Compensation | $331.0K |
| Deferred Income Tax | -$723.0K |
| Other Non-Cash Items | $176.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$485.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $14M |
| Other Investing Activities | -$21M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $100M |
| Short-Term Investments | $244M |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $352M |
| PP&E (Net) | $21M |
| Goodwill | $53M |
| Intangible Assets | $2M |
| Long-Term Investments | $1.9B |
| Tax Assets | $17M |
| Other Non-Current Assets | $268M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $0 |
| Short-Term Debt | $533.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.1B |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $184M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $214M |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $16M |
| Additional Paid-In Capital | $143M |
| Retained Earnings | $170M |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | -$31M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $286M |
| Minority Interest | $0 |
| TOTAL EQUITY | $286M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $184M |
| Net Debt | $85M |
