| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $74M | $73M | $72M | 1.2% | 4.0% |
| Op. Income | $6M | $4M | $4M | 34.4% | 33.4% |
| Gross Margin | 64.6% | 65.3% | 66.8% | -0.8pp | -2.3pp |
| Net Margin | 7.2% | 5.9% | 5.8% | 1.3pp | 1.4pp |
| EPS (Diluted) | $0.18 | $0.14 | $0.14 | 28.6% | 28.6% |
| Free Cash Flow | $3M | $26M | $6M | -89.6% | -56.9% |
| Item | Amount |
|---|---|
| REVENUE | $74M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $48M |
| R&D Expenses | $12M |
| Selling & Marketing | $12M |
| General & Administrative | $7M |
| SG&A Expenses | $19M |
| Other Expenses | $11M |
| Operating Expenses | $42M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $6M |
| Interest Income | $958.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $981.0K |
| INCOME BEFORE TAX | $7M |
| 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 | $11M |
| EBIT | $6M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $74M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $48M |
| R&D Expenses | $12M |
| Selling & Marketing | $12M |
| General & Administrative | $7M |
| SG&A Expenses | $19M |
| Other Expenses | $11M |
| Operating Expenses | $42M |
| Cost & Expenses | $69M |
| OPERATING INCOME | $6M |
| Interest Income | $958.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $981.0K |
| INCOME BEFORE TAX | $7M |
| 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 | $11M |
| EBIT | $6M |
| EBITDA | $17M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $836.0K |
| Deferred Income Tax | -$284.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $9M |
| Sales/Maturities of Investments | -$11M |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | -$947.0K |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $52M |
| Short-Term Investments | $39M |
| Net Receivables | $31M |
| Inventory | $0 |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $144M |
| PP&E (Net) | $28M |
| Goodwill | $192M |
| Intangible Assets | $93M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $42M |
| TOTAL NON-CURRENT ASSETS | $356M |
| TOTAL ASSETS | $500M |
| Account Payables | $27M |
| Short-Term Debt | $0 |
| Deferred Revenue | $88M |
| Other Current Liabilities | -$17M |
| TOTAL CURRENT LIABILITIES | $115M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $34M |
| TOTAL LIABILITIES | $150M |
| Common Stock | $235M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $117M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $351M |
| Minority Interest | $0 |
| TOTAL EQUITY | $351M |
| TOTAL LIABILITIES & EQUITY | $500M |
| Total Debt | $16M |
| Net Debt | -$36M |
