| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $87M | $86M | $85M | 0.4% | 2.3% |
| Op. Income | $18M | $19M | $18M | -1.6% | 3.9% |
| Gross Margin | 49.5% | 48.6% | 46.9% | 0.8pp | 2.6pp |
| Net Margin | 15.5% | 16.9% | 15.5% | -1.4pp | 0.0pp |
| EPS (Diluted) | $0.68 | $0.73 | $0.66 | -6.8% | 3.0% |
| Free Cash Flow | $17M | $9M | $20M | 93.9% | -13.1% |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $43M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $20M |
| Other Expenses | $21.0K |
| Operating Expenses | $25M |
| Cost & Expenses | $68M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $5M |
| EBIT | $18M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $87M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $43M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $20M |
| Other Expenses | $21.0K |
| Operating Expenses | $25M |
| Cost & Expenses | $68M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $5M |
| EBIT | $18M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $262.0K |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$451.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $89M |
| Short-Term Investments | $2.0K |
| Net Receivables | $60M |
| Inventory | $25M |
| Other Current Assets | $48M |
| TOTAL CURRENT ASSETS | $222M |
| PP&E (Net) | $47M |
| Goodwill | $40M |
| Intangible Assets | $9M |
| Long-Term Investments | $2M |
| Tax Assets | $14M |
| Other Non-Current Assets | $30M |
| TOTAL NON-CURRENT ASSETS | $143M |
| TOTAL ASSETS | $364M |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $25M |
| Other Current Liabilities | $53M |
| TOTAL CURRENT LIABILITIES | $98M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $15M |
| Deferred Tax Liabilities | $566.0K |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $54M |
| TOTAL LIABILITIES | $153M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $206M |
| TOTAL STOCKHOLDERS' EQUITY | $206M |
| Minority Interest | $6M |
| TOTAL EQUITY | $212M |
| TOTAL LIABILITIES & EQUITY | $364M |
| Total Debt | $5M |
| Net Debt | -$84M |
