| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $158M | $156M | $187M | 1.2% | -15.7% |
| Op. Income | $13M | $20M | $32M | -33.6% | -59.5% |
| Gross Margin | 26.9% | 32.2% | 33.4% | -5.3pp | -6.6pp |
| Net Margin | 7.6% | 10.6% | 14.2% | -3.0pp | -6.6pp |
| EPS (Diluted) | $1.15 | $1.54 | $2.44 | -25.3% | -52.9% |
| Free Cash Flow | $12M | -$15M | $3M | 176.8% | 362.9% |
| Item | Amount |
|---|---|
| REVENUE | $158M |
| Cost of Revenue | $115M |
| GROSS PROFIT | $42M |
| R&D Expenses | $4M |
| Selling & Marketing | $11M |
| General & Administrative | $15M |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $145M |
| OPERATING INCOME | $13M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $0 |
| EBIT | $12M |
| EBITDA | $12M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $158M |
| Cost of Revenue | $115M |
| GROSS PROFIT | $42M |
| R&D Expenses | $4M |
| Selling & Marketing | $11M |
| General & Administrative | $15M |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $145M |
| OPERATING INCOME | $13M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $0 |
| EBIT | $12M |
| EBITDA | $12M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $806.0K |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$86.0K |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $248.0K |
| NET CASH FROM FINANCING | -$28M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $186M |
| Short-Term Investments | $0 |
| Net Receivables | $136M |
| Inventory | $145M |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $499M |
| PP&E (Net) | $183M |
| Goodwill | $85M |
| Intangible Assets | $23M |
| Long-Term Investments | $8M |
| Tax Assets | $23M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $338M |
| TOTAL ASSETS | $838M |
| Account Payables | $55M |
| Short-Term Debt | $148.0K |
| Deferred Revenue | $28M |
| Other Current Liabilities | $62M |
| TOTAL CURRENT LIABILITIES | $165M |
| Long-Term Debt | $115M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $165M |
| TOTAL LIABILITIES | $330M |
| Common Stock | $19M |
| Additional Paid-In Capital | $116M |
| Retained Earnings | $766M |
| Treasury Stock | -$367M |
| Accum. Other Comp. Income | -$27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $508M |
| Minority Interest | $0 |
| TOTAL EQUITY | $508M |
| TOTAL LIABILITIES & EQUITY | $838M |
| Total Debt | $139M |
| Net Debt | -$48M |
