| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $168M | $108M | $176M | 56.4% | -4.3% |
| Op. Income | $5M | -$20M | -$253.0K | 124.2% | 2037.2% |
| Gross Margin | 35.0% | 29.9% | 34.9% | 5.1pp | 0.0pp |
| Net Margin | 1.4% | -14.2% | 1.2% | 15.6pp | 0.1pp |
| EPS (Diluted) | $0.22 | $-1.49 | $0.21 | 114.8% | 4.8% |
| Free Cash Flow | -$5M | -$41M | -$23M | 87.9% | 78.7% |
| Item | Amount |
|---|---|
| REVENUE | $168M |
| Cost of Revenue | $109M |
| GROSS PROFIT | $59M |
| R&D Expenses | $8M |
| Selling & Marketing | $35M |
| General & Administrative | $11M |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $54M |
| Cost & Expenses | $163M |
| OPERATING INCOME | $5M |
| Interest Income | $625.0K |
| Interest Expense | $68.0K |
| Other Income/Expenses | -$743.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $5M |
| EBIT | $4M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $168M |
| Cost of Revenue | $109M |
| GROSS PROFIT | $59M |
| R&D Expenses | $8M |
| Selling & Marketing | $35M |
| General & Administrative | $11M |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $54M |
| Cost & Expenses | $163M |
| OPERATING INCOME | $5M |
| Interest Income | $625.0K |
| Interest Expense | $68.0K |
| Other Income/Expenses | -$743.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $5M |
| EBIT | $4M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $750.0K |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $76.0K |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$17.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$55.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $90M |
| Short-Term Investments | $4M |
| Net Receivables | $117M |
| Inventory | $180M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $407M |
| PP&E (Net) | $142M |
| Goodwill | $10M |
| Intangible Assets | $10M |
| Long-Term Investments | $0 |
| Tax Assets | $27M |
| Other Non-Current Assets | $29M |
| TOTAL NON-CURRENT ASSETS | $217M |
| TOTAL ASSETS | $624M |
| Account Payables | $44M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $105M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $79M |
| TOTAL LIABILITIES | $183M |
| Common Stock | $521.0K |
| Additional Paid-In Capital | $92M |
| Retained Earnings | $350M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $441M |
| Minority Interest | $0 |
| TOTAL EQUITY | $441M |
| TOTAL LIABILITIES & EQUITY | $624M |
| Total Debt | $49M |
| Net Debt | -$41M |
