| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26M | $24M | $22M | 4.6% | 15.2% |
| Op. Income | $6M | $6M | $6M | 9.6% | 2.5% |
| Gross Margin | 63.8% | 66.4% | 66.5% | -2.5pp | -2.7pp |
| Net Margin | 18.6% | 18.3% | 21.0% | 0.3pp | -2.5pp |
| EPS (Diluted) | $0.33 | $0.31 | $0.35 | 6.5% | -5.7% |
| Free Cash Flow | $840.0K | -$6M | $8M | 114.7% | -90.0% |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $371.0K |
| General & Administrative | $6M |
| SG&A Expenses | $7M |
| Other Expenses | $3M |
| Operating Expenses | $10M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $6M |
| Interest Income | $21M |
| Interest Expense | $8M |
| 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 | $2M |
| EBIT | $6M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $26M |
| Cost of Revenue | $9M |
| GROSS PROFIT | $16M |
| R&D Expenses | $0 |
| Selling & Marketing | $371.0K |
| General & Administrative | $6M |
| SG&A Expenses | $7M |
| Other Expenses | $3M |
| Operating Expenses | $10M |
| Cost & Expenses | $19M |
| OPERATING INCOME | $6M |
| Interest Income | $21M |
| Interest Expense | $8M |
| 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 | $2M |
| EBIT | $6M |
| EBITDA | $8M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $574.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $859.0K |
| Capital Expenditure | -$19.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$30M |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $37M |
| NET CASH FROM FINANCING | $37M |
| FREE CASH FLOW | $840.0K |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $143M |
| Short-Term Investments | $83M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $226M |
| PP&E (Net) | $7M |
| Goodwill | $0 |
| Intangible Assets | $10M |
| Long-Term Investments | $947M |
| Tax Assets | $0 |
| Other Non-Current Assets | $43M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $26M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $48M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $79M |
| Retained Earnings | $74M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $152M |
| Minority Interest | $0 |
| TOTAL EQUITY | $152M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $32M |
| Net Debt | -$111M |
