| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $105M | $137M | — | -23.1% | — |
| Op. Income | $2M | $13M | — | -84.4% | — |
| Gross Margin | 22.3% | 27.3% | — | -5.0pp | — |
| Net Margin | 2.7% | 7.8% | — | -5.1pp | — |
| EPS (Diluted) | $0.11 | $0.40 | — | -72.5% | — |
| Free Cash Flow | -$793.0K | $14M | — | -105.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $105M |
| Cost of Revenue | $82M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $300.0K |
| Operating Expenses | $21M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $2M |
| Interest Income | $2M |
| Interest Expense | $156.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $47.0K |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $235.0K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $105M |
| Cost of Revenue | $82M |
| GROSS PROFIT | $23M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $300.0K |
| Operating Expenses | $21M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $2M |
| Interest Income | $2M |
| Interest Expense | $156.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $47.0K |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $235.0K |
| EBIT | $4M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $235.0K |
| Stock-Based Compensation | $606.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $840.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$705.0K |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | -$793.0K |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $105M |
| Short-Term Investments | $600.0K |
| Net Receivables | $61M |
| Inventory | $17M |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $231M |
| PP&E (Net) | $30M |
| Goodwill | $13M |
| Intangible Assets | $2M |
| Long-Term Investments | $1M |
| Tax Assets | $0 |
| Other Non-Current Assets | $107M |
| TOTAL NON-CURRENT ASSETS | $152M |
| TOTAL ASSETS | $383M |
| Account Payables | $35M |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $30M |
| TOTAL CURRENT LIABILITIES | $116M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $72M |
| TOTAL NON-CURRENT LIABILITIES | $80M |
| TOTAL LIABILITIES | $196M |
| Common Stock | $309.0K |
| Additional Paid-In Capital | $161M |
| Retained Earnings | $74M |
| Treasury Stock | -$43M |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $197M |
| Minority Interest | -$10M |
| TOTAL EQUITY | $187M |
| TOTAL LIABILITIES & EQUITY | $383M |
| Total Debt | $10M |
| Net Debt | -$95M |
