| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $318M | $310M | $279M | 2.5% | 13.8% |
| Op. Income | $13M | $11M | $13M | 15.0% | 2.6% |
| Gross Margin | 61.4% | 60.6% | 62.7% | 0.8pp | -1.3pp |
| Net Margin | 2.5% | 1.8% | 2.6% | 0.7pp | -0.2pp |
| EPS (Diluted) | $0.06 | $0.04 | $0.06 | 40.5% | 6.0% |
| Free Cash Flow | $57M | -$21M | $16M | 373.3% | 253.5% |
| Item | Amount |
|---|---|
| REVENUE | $318M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $195M |
| R&D Expenses | $58M |
| Selling & Marketing | $89M |
| General & Administrative | $31M |
| SG&A Expenses | $120M |
| Other Expenses | $4M |
| Operating Expenses | $182M |
| Cost & Expenses | $305M |
| OPERATING INCOME | $13M |
| Interest Income | $1M |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $5M |
| EBIT | $14M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $318M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $195M |
| R&D Expenses | $58M |
| Selling & Marketing | $89M |
| General & Administrative | $31M |
| SG&A Expenses | $120M |
| Other Expenses | $4M |
| Operating Expenses | $182M |
| Cost & Expenses | $305M |
| OPERATING INCOME | $13M |
| Interest Income | $1M |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $5M |
| EBIT | $14M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | $317.0K |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $50M |
| Capital Expenditure | $7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$29M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$32M |
| FREE CASH FLOW | $57M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $220M |
| Short-Term Investments | $0 |
| Net Receivables | $152M |
| Inventory | $84M |
| Other Current Assets | $80M |
| TOTAL CURRENT ASSETS | $536M |
| PP&E (Net) | $85M |
| Goodwill | $400M |
| Intangible Assets | $5M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $143M |
| TOTAL NON-CURRENT ASSETS | $633M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $65M |
| Short-Term Debt | $17M |
| Deferred Revenue | $328M |
| Other Current Liabilities | $67M |
| TOTAL CURRENT LIABILITIES | $565M |
| Long-Term Debt | $154M |
| Deferred Revenue NC | $315M |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $508M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $155.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$936M |
| Treasury Stock | -$288M |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $96M |
| Minority Interest | $0 |
| TOTAL EQUITY | $96M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $212M |
| Net Debt | -$8M |
