| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9M | $10M | $7M | -4.4% | 33.7% |
| Op. Income | $3M | $4M | $2M | -9.9% | 79.8% |
| Gross Margin | 71.2% | 57.1% | 49.6% | 14.1pp | 21.6pp |
| Net Margin | 27.8% | 29.2% | 22.2% | -1.3pp | 5.7pp |
| EPS (Diluted) | $0.33 | $0.36 | $0.20 | -8.3% | 65.0% |
| Free Cash Flow | $4M | $2M | $2M | 73.1% | 103.2% |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $1M |
| Operating Expenses | $3M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $3M |
| Interest Income | $677.0K |
| Interest Expense | $572.0K |
| Other Income/Expenses | $105.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $973.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $69.0K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $9M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $7M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $1M |
| Operating Expenses | $3M |
| Cost & Expenses | $6M |
| OPERATING INCOME | $3M |
| Interest Income | $677.0K |
| Interest Expense | $572.0K |
| Other Income/Expenses | $105.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $973.0K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $69.0K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $69.0K |
| Stock-Based Compensation | $274.0K |
| Deferred Income Tax | $199.0K |
| Other Non-Cash Items | $83.0K |
| Change in Working Capital | $537.0K |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$81.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$33.0K |
| NET CASH FROM INVESTING | -$114.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $68M |
| Short-Term Investments | $11.0K |
| Net Receivables | $4M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $72M |
| PP&E (Net) | $1M |
| Goodwill | $0 |
| Intangible Assets | $82M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $182.0K |
| TOTAL NON-CURRENT ASSETS | $84M |
| TOTAL ASSETS | $156M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $4M |
| Long-Term Debt | $40M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $16M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $56M |
| TOTAL LIABILITIES | $60M |
| Common Stock | $23M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $72M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $95M |
| Minority Interest | $0 |
| TOTAL EQUITY | $95M |
| TOTAL LIABILITIES & EQUITY | $156M |
| Total Debt | $41M |
| Net Debt | -$27M |
