| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $58M | $58M | — | 0.1% | — |
| Op. Income | $9M | $8M | — | 10.3% | — |
| Gross Margin | 39.8% | 39.9% | — | -0.1pp | — |
| Net Margin | 12.4% | 13.3% | — | -1.0pp | — |
| EPS (Diluted) | $0.20 | $0.22 | — | -9.1% | — |
| Free Cash Flow | $3M | $9M | — | -70.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $58M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $23M |
| R&D Expenses | $900.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | -$900.0K |
| Operating Expenses | $14M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $9M |
| Interest Income | $577.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $360.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $2M |
| EBIT | $9M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $58M |
| Cost of Revenue | $35M |
| GROSS PROFIT | $23M |
| R&D Expenses | $900.0K |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | -$900.0K |
| Operating Expenses | $14M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $9M |
| Interest Income | $577.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $360.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $2M |
| EBIT | $9M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $330.0K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $103.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$229.0K |
| NET CASH FROM FINANCING | $379.0K |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $60M |
| Short-Term Investments | $0 |
| Net Receivables | $34M |
| Inventory | $0 |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $101M |
| PP&E (Net) | $9M |
| Goodwill | $2M |
| Intangible Assets | $14M |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $32M |
| TOTAL ASSETS | $133M |
| Account Payables | $4M |
| Short-Term Debt | $0 |
| Deferred Revenue | $6M |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $35M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $71.0K |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $46M |
| Common Stock | $350.0K |
| Additional Paid-In Capital | $60M |
| Retained Earnings | $34M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $87M |
| Minority Interest | -$83.0K |
| TOTAL EQUITY | $87M |
| TOTAL LIABILITIES & EQUITY | $133M |
| Total Debt | $4M |
| Net Debt | -$56M |
