| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $154M | $154M | $155M | 0.2% | -0.8% |
| Op. Income | $17M | $19M | $23M | -12.9% | -27.1% |
| Gross Margin | 68.4% | 71.8% | 70.5% | -3.4pp | -2.0pp |
| Net Margin | 6.8% | 7.6% | 5.3% | -0.8pp | 1.6pp |
| EPS (Diluted) | $0.69 | $0.76 | $0.54 | -9.2% | 27.8% |
| Free Cash Flow | $19M | $3M | $14M | 641.3% | 37.0% |
| Item | Amount |
|---|---|
| REVENUE | $154M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $105M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $89M |
| Other Expenses | $0 |
| Operating Expenses | $89M |
| Cost & Expenses | $137M |
| OPERATING INCOME | $17M |
| Interest Income | $498.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $5M |
| EBIT | $17M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $154M |
| Cost of Revenue | $49M |
| GROSS PROFIT | $105M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $89M |
| Other Expenses | $0 |
| Operating Expenses | $89M |
| Cost & Expenses | $137M |
| OPERATING INCOME | $17M |
| Interest Income | $498.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $5M |
| EBIT | $17M |
| EBITDA | $23M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$110.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $46M |
| Short-Term Investments | $0 |
| Net Receivables | $6M |
| Inventory | $55M |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $130M |
| PP&E (Net) | $180M |
| Goodwill | $60M |
| Intangible Assets | $59M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $306M |
| TOTAL ASSETS | $437M |
| Account Payables | $47M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $117M |
| Long-Term Debt | $70M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $198M |
| TOTAL LIABILITIES | $315M |
| Common Stock | $157.0K |
| Additional Paid-In Capital | $241M |
| Retained Earnings | -$114M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $122M |
| Minority Interest | $0 |
| TOTAL EQUITY | $122M |
| TOTAL LIABILITIES & EQUITY | $437M |
| Total Debt | $222M |
| Net Debt | $177M |
