| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $157M | $167M | $117M | -6.0% | 33.7% |
| Op. Income | $14M | $8M | $6M | 77.2% | 125.2% |
| Gross Margin | 96.9% | 96.8% | 95.7% | 0.1pp | 1.2pp |
| Net Margin | 9.4% | 4.8% | 5.5% | 4.6pp | 3.9pp |
| EPS (Diluted) | $0.39 | $0.21 | $0.17 | 85.7% | 129.4% |
| Free Cash Flow | $26M | $22M | $12M | 19.2% | 129.3% |
| Item | Amount |
|---|---|
| REVENUE | $157M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $152M |
| R&D Expenses | $8M |
| Selling & Marketing | $121M |
| General & Administrative | $8M |
| SG&A Expenses | $130M |
| Other Expenses | $332.0K |
| Operating Expenses | $138M |
| Cost & Expenses | $142M |
| OPERATING INCOME | $14M |
| Interest Income | $918.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $896.0K |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $363.0K |
| 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 | $918.0K |
| EBIT | $15M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $157M |
| Cost of Revenue | $5M |
| GROSS PROFIT | $152M |
| R&D Expenses | $8M |
| Selling & Marketing | $121M |
| General & Administrative | $8M |
| SG&A Expenses | $130M |
| Other Expenses | $332.0K |
| Operating Expenses | $138M |
| Cost & Expenses | $142M |
| OPERATING INCOME | $14M |
| Interest Income | $918.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $896.0K |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $363.0K |
| 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 | $918.0K |
| EBIT | $15M |
| EBITDA | $15M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $918.0K |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | $1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$986.0K |
| NET CASH FROM FINANCING | -$613.0K |
| FREE CASH FLOW | $26M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $148M |
| Short-Term Investments | $0 |
| Net Receivables | $55M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $209M |
| PP&E (Net) | $10M |
| Goodwill | $22M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $320.0K |
| TOTAL NON-CURRENT ASSETS | $32M |
| TOTAL ASSETS | $241M |
| Account Payables | $59M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $69M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2M |
| TOTAL LIABILITIES | $71M |
| Common Stock | $37.0K |
| Additional Paid-In Capital | $329M |
| Retained Earnings | -$158M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $172.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $170M |
| Minority Interest | $0 |
| TOTAL EQUITY | $170M |
| TOTAL LIABILITIES & EQUITY | $241M |
| Total Debt | $3M |
| Net Debt | -$145M |
