| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $264M | $263M | $247M | 0.3% | 6.6% |
| Op. Income | $2M | $6M | $6M | -64.3% | -63.8% |
| Gross Margin | 23.0% | 24.9% | 24.4% | -1.9pp | -1.4pp |
| Net Margin | 3.5% | 1.2% | 4.5% | 2.4pp | -1.0pp |
| EPS (Diluted) | $0.15 | $0.05 | $0.19 | 188.0% | -21.4% |
| Free Cash Flow | $43M | $4M | $45M | 876.0% | -6.0% |
| Item | Amount |
|---|---|
| REVENUE | $264M |
| Cost of Revenue | $203M |
| GROSS PROFIT | $61M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $58M |
| Operating Expenses | $58M |
| Cost & Expenses | $261M |
| OPERATING INCOME | $2M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $16M |
| EBIT | $2M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $264M |
| Cost of Revenue | $203M |
| GROSS PROFIT | $61M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $58M |
| Operating Expenses | $58M |
| Cost & Expenses | $261M |
| OPERATING INCOME | $2M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $16M |
| EBIT | $2M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $27M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $43M |
| Capital Expenditure | -$587.8K |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $475.9K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$23M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$26M |
| FREE CASH FLOW | $43M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $81M |
| Short-Term Investments | $159.1K |
| Net Receivables | $270M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $351M |
| PP&E (Net) | $86M |
| Goodwill | $690M |
| Intangible Assets | $154M |
| Long-Term Investments | $12M |
| Tax Assets | $29M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $971M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $143M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $186M |
| Long-Term Debt | $167M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $33M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $253M |
| TOTAL LIABILITIES | $439M |
| Common Stock | $2M |
| Additional Paid-In Capital | $29M |
| Retained Earnings | $813M |
| Treasury Stock | -$13.5K |
| Accum. Other Comp. Income | $40M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $883M |
| Minority Interest | $0 |
| TOTAL EQUITY | $883M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $237M |
| Net Debt | $156M |
