| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $107M | $112M | $119M | -4.0% | -9.8% |
| Op. Income | $2M | $762.0K | -$838.0K | 174.5% | 349.6% |
| Gross Margin | 32.8% | 31.7% | 29.9% | 1.1pp | 2.9pp |
| Net Margin | 14.8% | 0.4% | -2.8% | 14.4pp | 17.6pp |
| EPS (Diluted) | $5.05 | $0.16 | $-1.04 | 3056.2% | 585.6% |
| Free Cash Flow | -$2M | $8M | -$7M | -129.9% | 69.6% |
| Item | Amount |
|---|---|
| REVENUE | $107M |
| Cost of Revenue | $72M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $28M |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $19M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $5M |
| EBIT | $25M |
| EBITDA | $30M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $107M |
| Cost of Revenue | $72M |
| GROSS PROFIT | $35M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $28M |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $105M |
| OPERATING INCOME | $2M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $19M |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $5M |
| EBIT | $25M |
| EBITDA | $30M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $49.0K |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$22M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $231.0K |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | -$259.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$476.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7M |
| Short-Term Investments | $0 |
| Net Receivables | $41M |
| Inventory | $122M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $174M |
| PP&E (Net) | $134M |
| Goodwill | $61M |
| Intangible Assets | $23M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $219M |
| TOTAL ASSETS | $394M |
| Account Payables | $28M |
| Short-Term Debt | $51M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $125M |
| Long-Term Debt | $79M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $180M |
| TOTAL LIABILITIES | $305M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $70M |
| Retained Earnings | $29M |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $89M |
| Minority Interest | $0 |
| TOTAL EQUITY | $89M |
| TOTAL LIABILITIES & EQUITY | $394M |
| Total Debt | $231M |
| Net Debt | $224M |
