| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40M | $38M | $34M | 6.5% | 19.2% |
| Op. Income | $15M | $16M | $14M | -1.7% | 6.1% |
| Gross Margin | 80.5% | 85.7% | 87.9% | -5.1pp | -7.4pp |
| Net Margin | 29.6% | 30.3% | 31.2% | -0.6pp | -1.5pp |
| EPS (Diluted) | $1.38 | $1.33 | $1.25 | 3.8% | 10.4% |
| Free Cash Flow | $9M | $14M | $7M | -37.9% | 33.2% |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $811.0K |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $6M |
| Operating Expenses | $17M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $15M |
| Interest Income | $34M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $915.0K |
| EBIT | $15M |
| EBITDA | $16M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $40M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $811.0K |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $6M |
| Operating Expenses | $17M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $15M |
| Interest Income | $34M |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $915.0K |
| EBIT | $15M |
| EBITDA | $16M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $915.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$31M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | -$96M |
| NET CASH FROM INVESTING | -$114M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $95M |
| NET CASH FROM FINANCING | $93M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $163M |
| Short-Term Investments | $257M |
| Net Receivables | $11M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $431M |
| PP&E (Net) | $4M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $85M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.8B |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $86.0K |
| Additional Paid-In Capital | $107M |
| Retained Earnings | $173M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $264M |
| Minority Interest | $0 |
| TOTAL EQUITY | $264M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $0 |
| Net Debt | -$163M |
