| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $65M | $65M | $64M | -0.1% | 2.7% |
| Op. Income | $18M | $18M | $15M | -2.4% | 18.7% |
| Gross Margin | 70.4% | 69.1% | 63.5% | 1.3pp | 6.9pp |
| Net Margin | 19.1% | 20.5% | 16.7% | -1.4pp | 2.4pp |
| EPS (Diluted) | $0.40 | $0.43 | $0.34 | -6.8% | 17.8% |
| Free Cash Flow | $0 | $34M | $0 | -100.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $46M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $28M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $18M |
| Interest Income | $827.3K |
| Interest Expense | $713.7K |
| Other Income/Expenses | -$548.9K |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $9M |
| EBIT | $18M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $65M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $46M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $28M |
| Cost & Expenses | $48M |
| OPERATING INCOME | $18M |
| Interest Income | $827.3K |
| Interest Expense | $713.7K |
| Other Income/Expenses | -$548.9K |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $9M |
| EBIT | $18M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$14M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$23M |
| NET CASH FROM FINANCING | -$23M |
| FREE CASH FLOW | $0 |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $0 |
| Net Receivables | $32M |
| Inventory | $263.2K |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $75M |
| PP&E (Net) | $136M |
| Goodwill | $13M |
| Intangible Assets | $5M |
| Long-Term Investments | $2M |
| Tax Assets | $6M |
| Other Non-Current Assets | $27M |
| TOTAL NON-CURRENT ASSETS | $189M |
| TOTAL ASSETS | $264M |
| Account Payables | $30M |
| Short-Term Debt | $8M |
| Deferred Revenue | $20M |
| Other Current Liabilities | $111.2K |
| TOTAL CURRENT LIABILITIES | $64M |
| Long-Term Debt | $16M |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $36M |
| TOTAL LIABILITIES | $100M |
| Common Stock | $432M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $98M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$369M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $162M |
| Minority Interest | $3M |
| TOTAL EQUITY | $164M |
| TOTAL LIABILITIES & EQUITY | $264M |
| Total Debt | $32M |
| Net Debt | -$11M |
