| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $62M | $58M | $50M | 6.6% | 23.3% |
| Op. Income | $20M | $18M | $15M | 9.3% | 32.6% |
| Gross Margin | 57.1% | 57.0% | 56.4% | 0.2pp | 0.7pp |
| Net Margin | 23.4% | 22.6% | 21.4% | 0.9pp | 2.0pp |
| EPS (Diluted) | $0.68 | $0.62 | $0.51 | 9.7% | 33.3% |
| Free Cash Flow | $18M | $15M | $16M | 14.1% | 10.9% |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $865.0K |
| General & Administrative | $9M |
| SG&A Expenses | $10M |
| Other Expenses | $5M |
| Operating Expenses | $15M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $20M |
| Interest Income | $61M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $445.0K |
| EBIT | $20M |
| EBITDA | $21M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $62M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $865.0K |
| General & Administrative | $9M |
| SG&A Expenses | $10M |
| Other Expenses | $5M |
| Operating Expenses | $15M |
| Cost & Expenses | $42M |
| OPERATING INCOME | $20M |
| Interest Income | $61M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $445.0K |
| EBIT | $20M |
| EBITDA | $21M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $445.0K |
| Stock-Based Compensation | $367.0K |
| Deferred Income Tax | $712.0K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$244.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$35.0K |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$142M |
| NET CASH FROM INVESTING | -$141M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $158M |
| NET CASH FROM FINANCING | $154M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $485M |
| Short-Term Investments | $59M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $543M |
| PP&E (Net) | $9M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $104M |
| TOTAL NON-CURRENT ASSETS | $3.9B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.9B |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $74M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $102M |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $303M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $126M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $417M |
| Minority Interest | $0 |
| TOTAL EQUITY | $417M |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $82M |
| Net Debt | -$403M |
