| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $72M | $72M | $74M | 0.9% | -1.6% |
| Op. Income | $22M | $18M | $16M | 18.4% | 38.1% |
| Gross Margin | 71.4% | 68.9% | 62.6% | 2.4pp | 8.8pp |
| Net Margin | 23.8% | 20.3% | 16.9% | 3.5pp | 6.9pp |
| EPS (Diluted) | $1.00 | $0.84 | $0.73 | 19.0% | 37.0% |
| Free Cash Flow | -$11M | $69M | -$1M | -115.5% | -682.8% |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $52M |
| R&D Expenses | $0 |
| Selling & Marketing | $442.0K |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $11M |
| Operating Expenses | $30M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $22M |
| Interest Income | $64M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $4M |
| EBIT | $22M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $72M |
| Cost of Revenue | $21M |
| GROSS PROFIT | $52M |
| R&D Expenses | $0 |
| Selling & Marketing | $442.0K |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $11M |
| Operating Expenses | $30M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $22M |
| Interest Income | $64M |
| Interest Expense | $19M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $4M |
| EBIT | $22M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $960.0K |
| Deferred Income Tax | -$775.0K |
| Other Non-Cash Items | -$23M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $88M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$70M |
| NET CASH FROM FINANCING | $13M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17M |
| Short-Term Investments | $144M |
| Net Receivables | $185M |
| Inventory | $0 |
| Other Current Assets | -$169M |
| TOTAL CURRENT ASSETS | $177M |
| PP&E (Net) | $63M |
| Goodwill | $34M |
| Intangible Assets | $6M |
| Long-Term Investments | $3.6B |
| Tax Assets | $10M |
| Other Non-Current Assets | -$3.7B |
| TOTAL NON-CURRENT ASSETS | $40M |
| TOTAL ASSETS | $4.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.7B |
| TOTAL CURRENT LIABILITIES | $3.7B |
| Long-Term Debt | $10M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $287M |
| TOTAL NON-CURRENT LIABILITIES | $298M |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $175.0K |
| Additional Paid-In Capital | $175M |
| Retained Earnings | $408M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$276.0K |
| Other Equity | -$4M |
| TOTAL STOCKHOLDERS' EQUITY | $579M |
| Minority Interest | $0 |
| TOTAL EQUITY | $579M |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $10M |
| Net Debt | -$6M |
