| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $200M | $193M | $205M | 3.4% | -2.7% |
| Op. Income | $15M | $9M | $8M | 66.8% | 85.1% |
| Gross Margin | 29.7% | 30.2% | 30.7% | -0.5pp | -1.0pp |
| Net Margin | 3.9% | 0.6% | -3.3% | 3.3pp | 7.1pp |
| EPS (Diluted) | $0.61 | $0.09 | $-0.54 | 583.1% | 213.0% |
| Free Cash Flow | $16M | $7M | $22M | 124.9% | -24.7% |
| Item | Amount |
|---|---|
| REVENUE | $200M |
| Cost of Revenue | $140M |
| GROSS PROFIT | $59M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $51M |
| Other Expenses | -$7M |
| Operating Expenses | $45M |
| Cost & Expenses | $185M |
| OPERATING INCOME | $15M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$764.0K |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $6M |
| 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 | $9M |
| EBIT | $19M |
| EBITDA | $28M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $200M |
| Cost of Revenue | $140M |
| GROSS PROFIT | $59M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $51M |
| Other Expenses | -$7M |
| Operating Expenses | $45M |
| Cost & Expenses | $185M |
| OPERATING INCOME | $15M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$764.0K |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $6M |
| 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 | $9M |
| EBIT | $19M |
| EBITDA | $28M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | $431.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | $7M |
| Net Debt Issuance | -$12M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $0 |
| Net Receivables | $170M |
| Inventory | $260M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $488M |
| PP&E (Net) | $136M |
| Goodwill | $65M |
| Intangible Assets | $104M |
| Long-Term Investments | $0 |
| Tax Assets | $13M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $322M |
| TOTAL ASSETS | $810M |
| Account Payables | $106M |
| Short-Term Debt | $2M |
| Deferred Revenue | $24M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $202M |
| Long-Term Debt | $158M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $274M |
| TOTAL LIABILITIES | $476M |
| Common Stock | $132.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | -$826M |
| Treasury Stock | -$148M |
| Accum. Other Comp. Income | -$114M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $334M |
| Minority Interest | $0 |
| TOTAL EQUITY | $334M |
| TOTAL LIABILITIES & EQUITY | $810M |
| Total Debt | $240M |
| Net Debt | $201M |
