| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $70M | $68M | $66M | 3.0% | 5.1% |
| Op. Income | $16M | $16M | $14M | -0.2% | 15.3% |
| Gross Margin | 62.3% | 66.2% | 61.0% | -3.9pp | 1.3pp |
| Net Margin | 19.9% | 20.0% | 17.7% | -0.1pp | 2.2pp |
| EPS (Diluted) | $0.37 | $0.36 | $0.31 | 2.8% | 19.4% |
| Free Cash Flow | $12M | $12M | $14M | 2.1% | -9.3% |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $454.0K |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $12M |
| Operating Expenses | $27M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $16M |
| Interest Income | $57M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $2M |
| EBIT | $16M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $70M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $43M |
| R&D Expenses | $0 |
| Selling & Marketing | $454.0K |
| General & Administrative | $15M |
| SG&A Expenses | $15M |
| Other Expenses | $12M |
| Operating Expenses | $27M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $16M |
| Interest Income | $57M |
| Interest Expense | $23M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $2M |
| EBIT | $16M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $645.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $20M |
| Other Investing Activities | -$52M |
| NET CASH FROM INVESTING | -$46M |
| Net Debt Issuance | $101M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$85M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20M |
| Short-Term Investments | $666M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $686M |
| PP&E (Net) | $56M |
| Goodwill | $167M |
| Intangible Assets | $19M |
| Long-Term Investments | $4.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $297M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $0 |
| Short-Term Debt | $203M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.4B |
| TOTAL CURRENT LIABILITIES | $4.6B |
| Long-Term Debt | $86M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $55M |
| TOTAL NON-CURRENT LIABILITIES | $141M |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $366M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $272M |
| Treasury Stock | -$23M |
| Accum. Other Comp. Income | -$177M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $438M |
| Minority Interest | $0 |
| TOTAL EQUITY | $438M |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $289M |
| Net Debt | $269M |
