| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $257M | $236M | $231M | 8.8% | 11.5% |
| Op. Income | $31M | $13M | $36M | 137.6% | -13.5% |
| Gross Margin | 46.2% | 40.1% | 48.4% | 6.1pp | -2.2pp |
| Net Margin | 9.1% | 4.1% | 11.7% | 5.0pp | -2.6pp |
| EPS (Diluted) | $0.51 | $0.21 | $0.59 | 142.9% | -13.6% |
| Free Cash Flow | $207M | $103M | $67M | 101.3% | 210.1% |
| Item | Amount |
|---|---|
| REVENUE | $257M |
| Cost of Revenue | $138M |
| GROSS PROFIT | $119M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $53M |
| SG&A Expenses | $57M |
| Other Expenses | $30M |
| Operating Expenses | $88M |
| Cost & Expenses | $226M |
| OPERATING INCOME | $31M |
| Interest Income | $224M |
| Interest Expense | $115M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $7M |
| EBIT | $31M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $257M |
| Cost of Revenue | $138M |
| GROSS PROFIT | $119M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $53M |
| SG&A Expenses | $57M |
| Other Expenses | $30M |
| Operating Expenses | $88M |
| Cost & Expenses | $226M |
| OPERATING INCOME | $31M |
| Interest Income | $224M |
| Interest Expense | $115M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $7M |
| EBIT | $31M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $166.0K |
| Other Non-Cash Items | $156M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $208M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$54M |
| Sales/Maturities of Investments | $46M |
| Other Investing Activities | -$476M |
| NET CASH FROM INVESTING | -$485M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $199M |
| NET CASH FROM FINANCING | $195M |
| FREE CASH FLOW | $207M |
| Net Change in Cash | -$82M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $663M |
| Short-Term Investments | $728M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $246M |
| Goodwill | $32M |
| Intangible Assets | $819.0K |
| Long-Term Investments | $11.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $978M |
| TOTAL NON-CURRENT ASSETS | $12.4B |
| TOTAL ASSETS | $13.8B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $12.6B |
| TOTAL CURRENT LIABILITIES | $12.6B |
| Long-Term Debt | $108M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $61M |
| TOTAL NON-CURRENT LIABILITIES | $169M |
| TOTAL LIABILITIES | $12.8B |
| Common Stock | $378M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $746M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$62M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $4M |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $13.8B |
| Total Debt | $108M |
| Net Debt | -$555M |
