| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $251M | $228M | $258M | 10.1% | -2.7% |
| Op. Income | $104.0K | $2M | $12M | -94.3% | -99.1% |
| Gross Margin | 37.3% | 39.4% | 37.3% | -2.1pp | -0.0pp |
| Net Margin | 2.6% | 1.6% | 7.8% | 1.0pp | -5.2pp |
| EPS (Diluted) | $0.16 | $0.09 | $0.45 | 82.4% | -64.4% |
| Free Cash Flow | -$18M | -$11M | $29M | -54.5% | -160.1% |
| Item | Amount |
|---|---|
| REVENUE | $251M |
| Cost of Revenue | $157M |
| GROSS PROFIT | $94M |
| R&D Expenses | $30M |
| Selling & Marketing | $26M |
| General & Administrative | $35M |
| SG&A Expenses | $60M |
| Other Expenses | $3M |
| Operating Expenses | $93M |
| Cost & Expenses | $251M |
| OPERATING INCOME | $104.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $8M |
| 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 | $16M |
| EBIT | $3M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $251M |
| Cost of Revenue | $157M |
| GROSS PROFIT | $94M |
| R&D Expenses | $30M |
| Selling & Marketing | $26M |
| General & Administrative | $35M |
| SG&A Expenses | $60M |
| Other Expenses | $3M |
| Operating Expenses | $93M |
| Cost & Expenses | $251M |
| OPERATING INCOME | $104.0K |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $8M |
| 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 | $16M |
| EBIT | $3M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$37M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$247M |
| Sales/Maturities of Investments | $275M |
| Other Investing Activities | $380.0K |
| NET CASH FROM INVESTING | $13M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$29M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$105.0K |
| NET CASH FROM FINANCING | -$29M |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $359M |
| Short-Term Investments | $540M |
| Net Receivables | $201M |
| Inventory | $304M |
| Other Current Assets | $41M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $621M |
| Goodwill | $72M |
| Intangible Assets | $55M |
| Long-Term Investments | $0 |
| Tax Assets | $114M |
| Other Non-Current Assets | $43M |
| TOTAL NON-CURRENT ASSETS | $905M |
| TOTAL ASSETS | $2.4B |
| Account Payables | $42M |
| Short-Term Debt | $0 |
| Deferred Revenue | $61M |
| Other Current Liabilities | $85M |
| TOTAL CURRENT LIABILITIES | $217M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $35M |
| TOTAL NON-CURRENT LIABILITIES | $58M |
| TOTAL LIABILITIES | $275M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $2.6B |
| Treasury Stock | -$1.5B |
| Accum. Other Comp. Income | -$37M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $17M |
| Net Debt | -$342M |
