| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $93M | $91M | $102M | 2.4% | -8.6% |
| Op. Income | $21M | $21M | $30M | 4.2% | -28.7% |
| Gross Margin | 60.8% | 59.5% | 60.8% | 1.2pp | 0.0pp |
| Net Margin | 18.8% | 18.5% | 25.1% | 0.3pp | -6.3pp |
| EPS (Diluted) | $0.85 | $0.81 | $1.62 | 4.9% | -47.5% |
| Free Cash Flow | -$7M | $9M | $35M | -179.7% | -121.1% |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $57M |
| R&D Expenses | $0 |
| Selling & Marketing | $495.0K |
| General & Administrative | $19M |
| SG&A Expenses | $20M |
| Other Expenses | $15M |
| Operating Expenses | $35M |
| Cost & Expenses | $72M |
| OPERATING INCOME | $21M |
| Interest Income | $83M |
| Interest Expense | $34M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $2M |
| EBIT | $21M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $93M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $57M |
| R&D Expenses | $0 |
| Selling & Marketing | $495.0K |
| General & Administrative | $19M |
| SG&A Expenses | $20M |
| Other Expenses | $15M |
| Operating Expenses | $35M |
| Cost & Expenses | $72M |
| OPERATING INCOME | $21M |
| Interest Income | $83M |
| Interest Expense | $34M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $2M |
| EBIT | $21M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $954.0K |
| Deferred Income Tax | $360.0K |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$78M |
| Sales/Maturities of Investments | $112M |
| Other Investing Activities | $87M |
| NET CASH FROM INVESTING | $119M |
| Net Debt Issuance | $36M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$217M |
| NET CASH FROM FINANCING | -$187M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$74M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $93M |
| Short-Term Investments | $916M |
| Net Receivables | $25M |
| Inventory | $0 |
| Other Current Assets | -$895M |
| TOTAL CURRENT ASSETS | $118M |
| PP&E (Net) | $69M |
| Goodwill | $58M |
| Intangible Assets | $2M |
| Long-Term Investments | $5.6B |
| Tax Assets | $56M |
| Other Non-Current Assets | $242M |
| TOTAL NON-CURRENT ASSETS | $6.0B |
| TOTAL ASSETS | $6.1B |
| Account Payables | $24M |
| Short-Term Debt | $101M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.2B |
| TOTAL CURRENT LIABILITIES | $5.3B |
| Long-Term Debt | $115M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $114M |
| TOTAL NON-CURRENT LIABILITIES | $261M |
| TOTAL LIABILITIES | $5.5B |
| Common Stock | $207.0K |
| Additional Paid-In Capital | $233M |
| Retained Earnings | $410M |
| Treasury Stock | -$16M |
| Accum. Other Comp. Income | -$42M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $602M |
| Minority Interest | $0 |
| TOTAL EQUITY | $602M |
| TOTAL LIABILITIES & EQUITY | $6.1B |
| Total Debt | $248M |
| Net Debt | $155M |
