| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $27M | — | $20M | — | 34.2% |
| Op. Income | $2M | — | $6M | — | -71.4% |
| Gross Margin | 44.2% | — | 59.3% | — | -15.2pp |
| Net Margin | 18.9% | — | 51.8% | — | -33.0pp |
| EPS (Diluted) | $0.87 | — | $0.36 | — | 141.7% |
| Free Cash Flow | $10M | — | -$12M | — | 187.8% |
| Item | Amount |
|---|---|
| REVENUE | $27M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $12M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $2M |
| Interest Income | $25.2K |
| Interest Expense | $145.4K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $284.3K |
| 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 | $6M |
| EBIT | $5M |
| EBITDA | $11M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $27M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $12M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4M |
| Other Expenses | $0 |
| Operating Expenses | $10M |
| Cost & Expenses | $25M |
| OPERATING INCOME | $2M |
| Interest Income | $25.2K |
| Interest Expense | $145.4K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $284.3K |
| 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 | $6M |
| EBIT | $5M |
| EBITDA | $11M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$150.8K |
| Change in Working Capital | -$368.5K |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$13.5K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$110.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $967.9K |
| Inventory | $0 |
| Other Current Assets | $916.8K |
| TOTAL CURRENT ASSETS | $14M |
| PP&E (Net) | $491.7K |
| Goodwill | $0 |
| Intangible Assets | $49M |
| Long-Term Investments | $275.6K |
| Tax Assets | $0 |
| Other Non-Current Assets | $376.8K |
| TOTAL NON-CURRENT ASSETS | $51M |
| TOTAL ASSETS | $65M |
| Account Payables | $2M |
| Short-Term Debt | $5M |
| Deferred Revenue | $5M |
| Other Current Liabilities | -$46.4K |
| TOTAL CURRENT LIABILITIES | $15M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $850.1K |
| TOTAL NON-CURRENT LIABILITIES | $989.5K |
| TOTAL LIABILITIES | $16M |
| Common Stock | $526 |
| Additional Paid-In Capital | $27M |
| Retained Earnings | $20M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $49M |
| Minority Interest | -$141.5K |
| TOTAL EQUITY | $49M |
| TOTAL LIABILITIES & EQUITY | $65M |
| Total Debt | $6M |
| Net Debt | -$421.3K |
