| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $180M | $169M | — | 6.6% | — |
| Op. Income | $48M | $46M | — | 4.3% | — |
| Gross Margin | 76.9% | 76.4% | — | 0.4pp | — |
| Net Margin | 21.1% | 21.5% | — | -0.3pp | — |
| EPS (Diluted) | $0.43 | $0.41 | — | 4.9% | — |
| Free Cash Flow | $62M | $52M | — | 20.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $180M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $138M |
| R&D Expenses | $27M |
| Selling & Marketing | $21M |
| General & Administrative | $17M |
| SG&A Expenses | $38M |
| Other Expenses | $26M |
| Operating Expenses | $90M |
| Cost & Expenses | $132M |
| OPERATING INCOME | $48M |
| Interest Income | $0 |
| Interest Expense | $243.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $22M |
| EBIT | $50M |
| EBITDA | $72M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $180M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $138M |
| R&D Expenses | $27M |
| Selling & Marketing | $21M |
| General & Administrative | $17M |
| SG&A Expenses | $38M |
| Other Expenses | $26M |
| Operating Expenses | $90M |
| Cost & Expenses | $132M |
| OPERATING INCOME | $48M |
| Interest Income | $0 |
| Interest Expense | $243.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $22M |
| EBIT | $50M |
| EBITDA | $72M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $98.7K |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $63M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $62M |
| Net Change in Cash | $64M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $241M |
| Short-Term Investments | $0 |
| Net Receivables | $80M |
| Inventory | $0 |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $361M |
| PP&E (Net) | $21M |
| Goodwill | $993M |
| Intangible Assets | $350M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $16M |
| Short-Term Debt | $0 |
| Deferred Revenue | $117M |
| Other Current Liabilities | $45M |
| TOTAL CURRENT LIABILITIES | $212M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $32M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $44M |
| TOTAL LIABILITIES | $256M |
| Common Stock | $583M |
| Additional Paid-In Capital | $499M |
| Retained Earnings | $438M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$21M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $8M |
| Net Debt | -$233M |
