| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $109M | $107M | $107M | 2.3% | 2.5% |
| Op. Income | $21M | $25M | $20M | -15.5% | 3.9% |
| Gross Margin | 52.6% | 56.2% | 52.2% | -3.5pp | 0.4pp |
| Net Margin | 13.8% | 16.5% | 13.5% | -2.7pp | 0.3pp |
| EPS (Diluted) | $0.50 | $0.58 | $0.48 | -13.8% | 4.2% |
| Free Cash Flow | -$20M | $26M | $1M | -176.5% | -1625.7% |
| Item | Amount |
|---|---|
| REVENUE | $109M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $58M |
| R&D Expenses | $0 |
| Selling & Marketing | $798.0K |
| General & Administrative | $22M |
| SG&A Expenses | $23M |
| Other Expenses | $13M |
| Operating Expenses | $36M |
| Cost & Expenses | $88M |
| OPERATING INCOME | $21M |
| Interest Income | $101M |
| Interest Expense | $44M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| 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 | $2M |
| EBIT | $21M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $109M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $58M |
| R&D Expenses | $0 |
| Selling & Marketing | $798.0K |
| General & Administrative | $22M |
| SG&A Expenses | $23M |
| Other Expenses | $13M |
| Operating Expenses | $36M |
| Cost & Expenses | $88M |
| OPERATING INCOME | $21M |
| Interest Income | $101M |
| Interest Expense | $44M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| 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 | $2M |
| EBIT | $21M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $883.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$30M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$569.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$69M |
| Sales/Maturities of Investments | $64M |
| Other Investing Activities | -$35M |
| NET CASH FROM INVESTING | -$39M |
| Net Debt Issuance | $10M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $110M |
| NET CASH FROM FINANCING | $109M |
| FREE CASH FLOW | -$20M |
| Net Change in Cash | $51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $380M |
| Short-Term Investments | $890M |
| Net Receivables | $63M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $21M |
| Goodwill | $11M |
| Intangible Assets | $31.0K |
| Long-Term Investments | $6.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $208M |
| TOTAL NON-CURRENT ASSETS | $6.5B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $31M |
| Short-Term Debt | $115M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.7B |
| TOTAL CURRENT LIABILITIES | $6.9B |
| Long-Term Debt | $143M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $81M |
| TOTAL NON-CURRENT LIABILITIES | $225M |
| TOTAL LIABILITIES | $7.1B |
| Common Stock | $34.0K |
| Additional Paid-In Capital | $593M |
| Retained Earnings | $367M |
| Treasury Stock | -$143M |
| Accum. Other Comp. Income | -$55M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $763M |
| Minority Interest | $0 |
| TOTAL EQUITY | $763M |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $258M |
| Net Debt | -$122M |
