| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29M | $27M | $19M | 4.9% | 47.2% |
| Op. Income | $6M | $2M | $3M | 234.3% | 103.0% |
| Gross Margin | 73.6% | 72.8% | 69.2% | 0.8pp | 4.4pp |
| Net Margin | 17.7% | 5.9% | 12.6% | 11.8pp | 5.1pp |
| EPS (Diluted) | $0.56 | $0.18 | $0.39 | 211.1% | 43.6% |
| Free Cash Flow | $4M | $3M | $3M | 35.1% | 38.0% |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $286.0K |
| General & Administrative | $8M |
| SG&A Expenses | $9M |
| Other Expenses | $6M |
| Operating Expenses | $15M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $6M |
| Interest Income | $25M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $1M |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $29M |
| Cost of Revenue | $8M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $286.0K |
| General & Administrative | $8M |
| SG&A Expenses | $9M |
| Other Expenses | $6M |
| Operating Expenses | $15M |
| Cost & Expenses | $22M |
| OPERATING INCOME | $6M |
| Interest Income | $25M |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $1M |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $180.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $179.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$588.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | -$24M |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | $25M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$22M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $194M |
| Short-Term Investments | $15M |
| Net Receivables | $6M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $216M |
| PP&E (Net) | $35M |
| Goodwill | $3M |
| Intangible Assets | $14M |
| Long-Term Investments | $1.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $67M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.8B |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $55M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $65M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $11M |
| Additional Paid-In Capital | $78M |
| Retained Earnings | $101M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $174M |
| Minority Interest | $0 |
| TOTAL EQUITY | $174M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $55M |
| Net Debt | -$139M |
