| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $62M | $58M | $56M | 7.1% | 10.0% |
| Op. Income | $13M | $12M | $13M | 9.5% | 0.6% |
| Gross Margin | 55.2% | 56.3% | 55.4% | -1.1pp | -0.2pp |
| Net Margin | 16.5% | 16.2% | 19.7% | 0.3pp | -3.1pp |
| EPS (Diluted) | $0.41 | $0.37 | $0.44 | 10.8% | -6.8% |
| Free Cash Flow | $10M | $20M | $30M | -46.8% | -64.7% |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $503.0K |
| General & Administrative | $12M |
| SG&A Expenses | $13M |
| Other Expenses | $8M |
| Operating Expenses | $21M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $13M |
| Interest Income | $59M |
| Interest Expense | $25M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $1M |
| EBIT | $13M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $34M |
| R&D Expenses | $0 |
| Selling & Marketing | $503.0K |
| General & Administrative | $12M |
| SG&A Expenses | $13M |
| Other Expenses | $8M |
| Operating Expenses | $21M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $13M |
| Interest Income | $59M |
| Interest Expense | $25M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $1M |
| EBIT | $13M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $515.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$881.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$205.0K |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$82M |
| NET CASH FROM INVESTING | -$78M |
| Net Debt Issuance | $79M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $49M |
| NET CASH FROM FINANCING | $124M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $57M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $336M |
| Short-Term Investments | $71M |
| Net Receivables | $15M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $422M |
| PP&E (Net) | $18M |
| Goodwill | $44M |
| Intangible Assets | $8M |
| Long-Term Investments | $3.4B |
| Tax Assets | $25M |
| Other Non-Current Assets | $142M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.2B |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $391M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $424M |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $137M |
| Additional Paid-In Capital | $125M |
| Retained Earnings | $193M |
| Treasury Stock | -$29M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $422M |
| Minority Interest | $0 |
| TOTAL EQUITY | $422M |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $391M |
| Net Debt | $55M |
