| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38M | $36M | $39M | 4.2% | -1.4% |
| Op. Income | $5M | $8M | $5M | -29.6% | 11.1% |
| Gross Margin | 58.3% | 65.7% | 52.8% | -7.5pp | 5.4pp |
| Net Margin | 11.8% | 17.3% | 10.5% | -5.4pp | 1.3pp |
| EPS (Diluted) | $0.45 | $0.63 | $0.41 | -28.6% | 9.8% |
| Free Cash Flow | $3M | $4M | $3M | -30.5% | 11.1% |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $112.0K |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $6M |
| Operating Expenses | $17M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $5M |
| Interest Income | $35M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $935.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $710.0K |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $112.0K |
| General & Administrative | $10M |
| SG&A Expenses | $10M |
| Other Expenses | $6M |
| Operating Expenses | $17M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $5M |
| Interest Income | $35M |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $935.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $710.0K |
| EBIT | $5M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $710.0K |
| Stock-Based Compensation | $514.0K |
| Deferred Income Tax | -$20.0K |
| Other Non-Cash Items | -$317.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $3M |
| Capital Expenditure | -$216.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$23M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | $695.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $10M |
| Common Stock Repurchased | -$634.0K |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $55M |
| Short-Term Investments | $356M |
| Net Receivables | $14M |
| Inventory | $0 |
| Other Current Assets | -$27M |
| TOTAL CURRENT ASSETS | $398M |
| PP&E (Net) | $40M |
| Goodwill | $40M |
| Intangible Assets | $1M |
| Long-Term Investments | $2.1B |
| Tax Assets | $15M |
| Other Non-Current Assets | -$2.1B |
| TOTAL NON-CURRENT ASSETS | $97M |
| TOTAL ASSETS | $2.7B |
| Account Payables | $0 |
| Short-Term Debt | $11M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.3B |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $95M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $47M |
| TOTAL NON-CURRENT LIABILITIES | $143M |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $10M |
| Additional Paid-In Capital | $146M |
| Retained Earnings | $142M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$42M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $256M |
| Minority Interest | $0 |
| TOTAL EQUITY | $256M |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $107M |
| Net Debt | $51M |
