| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19M | $18M | $17M | 8.7% | 16.7% |
| Op. Income | $2M | $2M | $1M | 11.3% | 80.2% |
| Gross Margin | 35.4% | 38.7% | 36.0% | -3.3pp | -0.6pp |
| Net Margin | 7.4% | 7.2% | 4.7% | 0.2pp | 2.7pp |
| EPS (Diluted) | $0.17 | $0.16 | $0.09 | 6.3% | 79.3% |
| Free Cash Flow | $2M | -$649.0K | $1M | 384.3% | 37.1% |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $189.0K |
| General & Administrative | $264.0K |
| SG&A Expenses | $453.0K |
| Other Expenses | $5M |
| Operating Expenses | $5M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $2M |
| Interest Income | $19M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $475.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $75.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $189.0K |
| General & Administrative | $264.0K |
| SG&A Expenses | $453.0K |
| Other Expenses | $5M |
| Operating Expenses | $5M |
| Cost & Expenses | $18M |
| OPERATING INCOME | $2M |
| Interest Income | $19M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $475.0K |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $75.0K |
| EBIT | $2M |
| EBITDA | $2M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $75.0K |
| Stock-Based Compensation | $424.0K |
| Deferred Income Tax | -$312.0K |
| Other Non-Cash Items | -$337.0K |
| Change in Working Capital | $605.0K |
| OPERATING CASH FLOW | $2M |
| Capital Expenditure | -$50.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$26M |
| Sales/Maturities of Investments | $21M |
| Other Investing Activities | -$107M |
| NET CASH FROM INVESTING | -$112M |
| Net Debt Issuance | $31M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $31M |
| NET CASH FROM FINANCING | $60M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | -$49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $99M |
| Short-Term Investments | $14M |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $118M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.4B |
| Tax Assets | $6M |
| Other Non-Current Assets | $33M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $265M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $279M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $89.0K |
| Additional Paid-In Capital | $85M |
| Retained Earnings | $91M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | -$6M |
| TOTAL STOCKHOLDERS' EQUITY | $168M |
| Minority Interest | $0 |
| TOTAL EQUITY | $168M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $265M |
| Net Debt | $166M |
