| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $82M | $84M | $82M | -2.9% | -0.4% |
| Op. Income | $18M | $19M | $16M | -2.5% | 12.7% |
| Gross Margin | 70.2% | 67.9% | 66.1% | 2.4pp | 4.1pp |
| Net Margin | 18.6% | 17.8% | 14.2% | 0.8pp | 4.4pp |
| EPS (Diluted) | $0.86 | $0.85 | $0.76 | 1.2% | 13.2% |
| Free Cash Flow | $26M | $20M | $15M | 28.5% | 71.1% |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $58M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $20M |
| SG&A Expenses | $21M |
| Other Expenses | $18M |
| Operating Expenses | $39M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $18M |
| Interest Income | $74M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $3M |
| EBIT | $18M |
| EBITDA | $21M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $82M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $58M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $20M |
| SG&A Expenses | $21M |
| Other Expenses | $18M |
| Operating Expenses | $39M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $18M |
| Interest Income | $74M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $3M |
| EBIT | $18M |
| EBITDA | $21M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $28M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$69M |
| Sales/Maturities of Investments | $53M |
| Other Investing Activities | $29M |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | $72M |
| Common Stock Repurchased | -$274.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$173M |
| NET CASH FROM FINANCING | -$104M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | -$65M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $366M |
| Short-Term Investments | $973M |
| Net Receivables | $26M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $118M |
| Goodwill | $53M |
| Intangible Assets | $13M |
| Long-Term Investments | $3.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $90M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $0 |
| Short-Term Debt | $36M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.2B |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $408M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $59M |
| TOTAL NON-CURRENT LIABILITIES | $467M |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $231.0K |
| Additional Paid-In Capital | $588M |
| Retained Earnings | $220M |
| Treasury Stock | -$132M |
| Accum. Other Comp. Income | -$40M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $636M |
| Minority Interest | $0 |
| TOTAL EQUITY | $636M |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $444M |
| Net Debt | $78M |
