| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $196M | $171M | $197M | 14.3% | -0.8% |
| Op. Income | $12M | $3M | $18M | 276.4% | -30.8% |
| Gross Margin | 37.3% | 37.7% | 44.0% | -0.4pp | -6.8pp |
| Net Margin | 4.6% | 3.7% | 9.8% | 0.9pp | -5.2pp |
| EPS (Diluted) | $0.12 | $0.08 | $0.25 | 50.0% | -52.0% |
| Free Cash Flow | -$47M | $5M | $13M | -1055.9% | -451.4% |
| Item | Amount |
|---|---|
| REVENUE | $196M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $73M |
| R&D Expenses | $29M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $61M |
| Cost & Expenses | $183M |
| OPERATING INCOME | $12M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | -$848.0K |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $10M |
| EBIT | $12M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $196M |
| Cost of Revenue | $123M |
| GROSS PROFIT | $73M |
| R&D Expenses | $29M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $61M |
| Cost & Expenses | $183M |
| OPERATING INCOME | $12M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | -$848.0K |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $10M |
| EBIT | $12M |
| EBITDA | $22M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $719.0K |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$66M |
| Acquisitions (Net) | $103.0K |
| Purchases of Investments | -$47M |
| Sales/Maturities of Investments | $35M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$79M |
| Net Debt Issuance | -$276.0K |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | -$47M |
| Net Change in Cash | -$62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $67M |
| Short-Term Investments | $182M |
| Net Receivables | $115M |
| Inventory | $111M |
| Other Current Assets | $50M |
| TOTAL CURRENT ASSETS | $525M |
| PP&E (Net) | $279M |
| Goodwill | $201M |
| Intangible Assets | $9M |
| Long-Term Investments | $67M |
| Tax Assets | $95M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $656M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $60M |
| Short-Term Debt | $1M |
| Deferred Revenue | $16M |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $124M |
| Long-Term Debt | $12M |
| Deferred Revenue NC | $18M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $68M |
| TOTAL LIABILITIES | $192M |
| Common Stock | $77.0K |
| Additional Paid-In Capital | $850M |
| Retained Earnings | $136M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $990M |
| Minority Interest | $0 |
| TOTAL EQUITY | $990M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $36M |
| Net Debt | -$31M |
