| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $146M | $132M | $135M | 10.4% | 7.9% |
| Op. Income | $18M | $8M | $13M | 125.3% | 33.8% |
| Gross Margin | 40.8% | 38.4% | 40.2% | 2.4pp | 0.7pp |
| Net Margin | 5.3% | -1.5% | -191.8% | 6.9pp | 197.1pp |
| EPS (Diluted) | $0.09 | $-0.00 | $-2.90 | 2034.8% | 103.1% |
| Free Cash Flow | $31M | -$3M | $22M | 1259.3% | 44.2% |
| Item | Amount |
|---|---|
| REVENUE | $146M |
| Cost of Revenue | $86M |
| GROSS PROFIT | $60M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $42M |
| Cost & Expenses | $128M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $9M |
| EBIT | $14M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $146M |
| Cost of Revenue | $86M |
| GROSS PROFIT | $60M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $42M |
| Cost & Expenses | $128M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $9M |
| EBIT | $14M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$100.0K |
| Common Stock Repurchased | -$30M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$200.0K |
| NET CASH FROM FINANCING | -$30M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $103M |
| Short-Term Investments | $0 |
| Net Receivables | $101M |
| Inventory | $120M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $335M |
| PP&E (Net) | $147M |
| Goodwill | $270M |
| Intangible Assets | $149M |
| Long-Term Investments | $77M |
| Tax Assets | $0 |
| Other Non-Current Assets | $110M |
| TOTAL NON-CURRENT ASSETS | $754M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $39M |
| Short-Term Debt | $71M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $167M |
| Long-Term Debt | $119M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $175M |
| TOTAL LIABILITIES | $342M |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | -$608M |
| Treasury Stock | -$240M |
| Accum. Other Comp. Income | -$129M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $746M |
| Minority Interest | $0 |
| TOTAL EQUITY | $746M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $211M |
| Net Debt | $108M |
