| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $116M | $111M | $110M | 4.8% | 5.5% |
| Op. Income | $30M | $28M | $27M | 7.0% | 12.8% |
| Gross Margin | 72.3% | 73.1% | 70.0% | -0.8pp | 2.3pp |
| Net Margin | 20.2% | 20.0% | 18.0% | 0.2pp | 2.3pp |
| EPS (Diluted) | $0.98 | $0.93 | $0.82 | 5.4% | 19.5% |
| Free Cash Flow | $6M | $46M | $23M | -87.0% | -73.9% |
| Item | Amount |
|---|---|
| REVENUE | $116M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $84M |
| R&D Expenses | $0 |
| Selling & Marketing | $777.0K |
| General & Administrative | $34M |
| SG&A Expenses | $35M |
| Other Expenses | $18M |
| Operating Expenses | $54M |
| Cost & Expenses | $86M |
| OPERATING INCOME | $30M |
| Interest Income | $93M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $5M |
| EBIT | $30M |
| EBITDA | $35M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $116M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $84M |
| R&D Expenses | $0 |
| Selling & Marketing | $777.0K |
| General & Administrative | $34M |
| SG&A Expenses | $35M |
| Other Expenses | $18M |
| Operating Expenses | $54M |
| Cost & Expenses | $86M |
| OPERATING INCOME | $30M |
| Interest Income | $93M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $5M |
| EBIT | $30M |
| EBITDA | $35M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $671.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$67M |
| Sales/Maturities of Investments | $36M |
| Other Investing Activities | -$65M |
| NET CASH FROM INVESTING | -$98M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $34M |
| NET CASH FROM FINANCING | $78M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $192M |
| Short-Term Investments | $245M |
| Net Receivables | $97M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $534M |
| PP&E (Net) | $111M |
| Goodwill | $203M |
| Intangible Assets | $52M |
| Long-Term Investments | $6.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $246M |
| TOTAL NON-CURRENT ASSETS | $7.1B |
| TOTAL ASSETS | $7.7B |
| Account Payables | $7M |
| Short-Term Debt | $194M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.2B |
| TOTAL CURRENT LIABILITIES | $6.4B |
| Long-Term Debt | $349M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $395M |
| TOTAL LIABILITIES | $6.8B |
| Common Stock | $101M |
| Additional Paid-In Capital | $516M |
| Retained Earnings | $429M |
| Treasury Stock | -$23M |
| Accum. Other Comp. Income | -$131M |
| Other Equity | $1M |
| TOTAL STOCKHOLDERS' EQUITY | $894M |
| Minority Interest | $0 |
| TOTAL EQUITY | $894M |
| TOTAL LIABILITIES & EQUITY | $7.7B |
| Total Debt | $557M |
| Net Debt | $365M |
