| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $279M | $269M | $296M | 3.8% | -5.7% |
| Op. Income | $13M | -$5M | $19M | 368.5% | -35.0% |
| Gross Margin | 62.7% | 63.0% | 61.7% | -0.3pp | 1.0pp |
| Net Margin | 2.6% | -3.9% | 1.3% | 6.5pp | 1.3pp |
| EPS (Diluted) | $0.06 | $-0.08 | $0.03 | 168.7% | 81.5% |
| Free Cash Flow | $16M | $12M | $29M | 38.2% | -43.6% |
| Item | Amount |
|---|---|
| REVENUE | $279M |
| Cost of Revenue | $104M |
| GROSS PROFIT | $175M |
| R&D Expenses | $55M |
| Selling & Marketing | $80M |
| General & Administrative | $26M |
| SG&A Expenses | $106M |
| Other Expenses | $2M |
| Operating Expenses | $162M |
| Cost & Expenses | $267M |
| OPERATING INCOME | $13M |
| Interest Income | $839.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $5M |
| EBIT | $14M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $279M |
| Cost of Revenue | $104M |
| GROSS PROFIT | $175M |
| R&D Expenses | $55M |
| Selling & Marketing | $80M |
| General & Administrative | $26M |
| SG&A Expenses | $106M |
| Other Expenses | $2M |
| Operating Expenses | $162M |
| Cost & Expenses | $267M |
| OPERATING INCOME | $13M |
| Interest Income | $839.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $5M |
| EBIT | $14M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $170M |
| Short-Term Investments | $0 |
| Net Receivables | $118M |
| Inventory | $132M |
| Other Current Assets | $75M |
| TOTAL CURRENT ASSETS | $495M |
| PP&E (Net) | $78M |
| Goodwill | $392M |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $107M |
| TOTAL NON-CURRENT ASSETS | $586M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $52M |
| Short-Term Debt | $12M |
| Deferred Revenue | $312M |
| Other Current Liabilities | $147M |
| TOTAL CURRENT LIABILITIES | $534M |
| Long-Term Debt | $171M |
| Deferred Revenue NC | $277M |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $496M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $151.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$945M |
| Treasury Stock | -$238M |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $51M |
| Minority Interest | $0 |
| TOTAL EQUITY | $51M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $232M |
| Net Debt | $61M |
