| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $276M | $259M | $216M | 6.2% | 27.8% |
| Op. Income | $93M | $89M | $33M | 5.3% | 181.5% |
| Gross Margin | 84.9% | 81.1% | 58.8% | 3.8pp | 26.1pp |
| Net Margin | 27.5% | 30.4% | 16.1% | -2.9pp | 11.4pp |
| EPS (Diluted) | $1.44 | $1.48 | $0.65 | -2.8% | 119.6% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $276M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $234M |
| R&D Expenses | $16M |
| Selling & Marketing | $104M |
| General & Administrative | $16M |
| SG&A Expenses | $120M |
| Other Expenses | $5M |
| Operating Expenses | $141M |
| Cost & Expenses | $182M |
| OPERATING INCOME | $93M |
| Interest Income | $187.8K |
| Interest Expense | $0 |
| Other Income/Expenses | $595.9K |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $0 |
| EBIT | $93M |
| EBITDA | $93M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $276M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $234M |
| R&D Expenses | $16M |
| Selling & Marketing | $104M |
| General & Administrative | $16M |
| SG&A Expenses | $120M |
| Other Expenses | $5M |
| Operating Expenses | $141M |
| Cost & Expenses | $182M |
| OPERATING INCOME | $93M |
| Interest Income | $187.8K |
| Interest Expense | $0 |
| Other Income/Expenses | $595.9K |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $0 |
| EBIT | $93M |
| EBITDA | $93M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $76M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$76M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $46M |
| Short-Term Investments | $0 |
| Net Receivables | $641M |
| Inventory | $0 |
| Other Current Assets | $116M |
| TOTAL CURRENT ASSETS | $803M |
| PP&E (Net) | $204M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $40M |
| Tax Assets | $14M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $261M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $34M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $442M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $47M |
| TOTAL NON-CURRENT LIABILITIES | $53M |
| TOTAL LIABILITIES | $494M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $569M |
| TOTAL STOCKHOLDERS' EQUITY | $569M |
| Minority Interest | $0 |
| TOTAL EQUITY | $569M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $6M |
| Net Debt | -$40M |
