| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $187M | $166M | $152M | 12.5% | 23.5% |
| Op. Income | $32M | $21M | $22M | 53.8% | 45.4% |
| Gross Margin | 33.4% | 30.0% | 32.3% | 3.4pp | 1.1pp |
| Net Margin | 14.2% | 10.3% | 12.0% | 3.9pp | 2.2pp |
| EPS (Diluted) | $2.44 | $1.57 | $1.64 | 55.4% | 48.8% |
| Free Cash Flow | $3M | $12M | -$22M | -79.9% | 111.6% |
| Item | Amount |
|---|---|
| REVENUE | $187M |
| Cost of Revenue | $125M |
| GROSS PROFIT | $62M |
| R&D Expenses | $4M |
| Selling & Marketing | $11M |
| General & Administrative | $15M |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $155M |
| OPERATING INCOME | $32M |
| Interest Income | $2M |
| Interest Expense | $402.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $5M |
| EBIT | $34M |
| EBITDA | $39M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $187M |
| Cost of Revenue | $125M |
| GROSS PROFIT | $62M |
| R&D Expenses | $4M |
| Selling & Marketing | $11M |
| General & Administrative | $15M |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $155M |
| OPERATING INCOME | $32M |
| Interest Income | $2M |
| Interest Expense | $402.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $5M |
| EBIT | $34M |
| EBITDA | $39M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$804.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$158.0K |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $196.0K |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $172M |
| Short-Term Investments | $15M |
| Net Receivables | $155M |
| Inventory | $155M |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $527M |
| PP&E (Net) | $142M |
| Goodwill | $84M |
| Intangible Assets | $24M |
| Long-Term Investments | $7M |
| Tax Assets | $12M |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $288M |
| TOTAL ASSETS | $814M |
| Account Payables | $58M |
| Short-Term Debt | $231.0K |
| Deferred Revenue | $24M |
| Other Current Liabilities | $50M |
| TOTAL CURRENT LIABILITIES | $145M |
| Long-Term Debt | $115M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $637.0K |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $153M |
| TOTAL LIABILITIES | $298M |
| Common Stock | $19M |
| Additional Paid-In Capital | $108M |
| Retained Earnings | $723M |
| Treasury Stock | -$301M |
| Accum. Other Comp. Income | -$32M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $516M |
| Minority Interest | $0 |
| TOTAL EQUITY | $516M |
| TOTAL LIABILITIES & EQUITY | $814M |
| Total Debt | $136M |
| Net Debt | -$36M |
