| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $74M | — | $70M | — | 5.7% |
| Op. Income | $22M | — | $28M | — | -22.8% |
| Gross Margin | 44.6% | — | 54.1% | — | -9.5pp |
| Net Margin | 24.2% | — | 34.2% | — | -10.0pp |
| EPS (Diluted) | $1.18 | — | $1.82 | — | -35.2% |
| Free Cash Flow | -$16M | — | -$4M | — | -342.4% |
| Item | Amount |
|---|---|
| REVENUE | $74M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $22M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $50M |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | -$588.0K |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1.0K |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $24M |
| EBIT | $73M |
| EBITDA | $96M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $74M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $0 |
| Operating Expenses | $12M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $22M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | $50M |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | -$588.0K |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1.0K |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $24M |
| EBIT | $73M |
| EBITDA | $96M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$604.0K |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $70M |
| Capital Expenditure | -$86M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$86M |
| Net Debt Issuance | $23M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $286M |
| NET CASH FROM FINANCING | $17M |
| FREE CASH FLOW | -$16M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $34M |
| Inventory | $0 |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $50M |
| PP&E (Net) | $965M |
| Goodwill | $16.7B |
| Intangible Assets | $6.2B |
| Long-Term Investments | $307.0K |
| Tax Assets | $604.0K |
| Other Non-Current Assets | -$22.9B |
| TOTAL NON-CURRENT ASSETS | $973M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $58M |
| Short-Term Debt | $63.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $120M |
| Long-Term Debt | $34M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $35.0K |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $47M |
| TOTAL LIABILITIES | $167M |
| Common Stock | $608.0K |
| Additional Paid-In Capital | $44M |
| Retained Earnings | -$35M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10M |
| Minority Interest | $846M |
| TOTAL EQUITY | $856M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $36M |
| Net Debt | $29M |
