| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22M | $22M | $24M | 2.7% | -6.0% |
| Op. Income | $650.0K | $509.0K | $2M | 27.7% | -73.2% |
| Gross Margin | 70.2% | 69.4% | 70.6% | 0.7pp | -0.5pp |
| Net Margin | 3.0% | 3.0% | 9.2% | 0.0pp | -6.2pp |
| EPS (Diluted) | $0.02 | $0.06 | $0.07 | -58.5% | -66.3% |
| Free Cash Flow | $6M | $845.0K | $8M | 643.8% | -17.2% |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $16M |
| R&D Expenses | $8M |
| Selling & Marketing | $5M |
| General & Administrative | $2M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $650.0K |
| Interest Income | $661.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $230.0K |
| INCOME BEFORE TAX | $880.0K |
| Income Tax Expense | $209.0K |
| Net Income from Continuing Ops | $671.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $671.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $671.0K |
| D&A | $353.0K |
| EBIT | $650.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $22M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $16M |
| R&D Expenses | $8M |
| Selling & Marketing | $5M |
| General & Administrative | $2M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $15M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $650.0K |
| Interest Income | $661.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $230.0K |
| INCOME BEFORE TAX | $880.0K |
| Income Tax Expense | $209.0K |
| Net Income from Continuing Ops | $671.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $671.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $671.0K |
| D&A | $353.0K |
| EBIT | $650.0K |
| EBITDA | $1M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $671.0K |
| Depreciation & Amortization | $353.0K |
| Stock-Based Compensation | $622.0K |
| Deferred Income Tax | -$260.0K |
| Other Non-Cash Items | $326.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$139.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$139.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $718.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $71M |
| Short-Term Investments | $0 |
| Net Receivables | $16M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $91M |
| PP&E (Net) | $4M |
| Goodwill | $13M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $21M |
| TOTAL ASSETS | $111M |
| Account Payables | $2M |
| Short-Term Debt | $0 |
| Deferred Revenue | $37M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $49M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $918.0K |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $56M |
| Common Stock | $33.0K |
| Additional Paid-In Capital | $410M |
| Retained Earnings | -$322M |
| Treasury Stock | -$30M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | -$21.0K |
| TOTAL STOCKHOLDERS' EQUITY | $55M |
| Minority Interest | $0 |
| TOTAL EQUITY | $55M |
| TOTAL LIABILITIES & EQUITY | $111M |
| Total Debt | $4M |
| Net Debt | -$67M |
