| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $116M | $122M | $91M | -4.9% | 27.3% |
| Op. Income | $7M | $7M | $7M | -4.0% | 3.2% |
| Gross Margin | 40.8% | 41.0% | 51.6% | -0.3pp | -10.9pp |
| Net Margin | 6.1% | 4.7% | 6.2% | 1.3pp | -0.2pp |
| EPS (Diluted) | $0.22 | $0.18 | $0.18 | 22.2% | 22.2% |
| Free Cash Flow | $20M | -$14M | $32M | 241.7% | -39.1% |
| Item | Amount |
|---|---|
| REVENUE | $116M |
| Cost of Revenue | $69M |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $14M |
| General & Administrative | $7M |
| SG&A Expenses | $21M |
| Other Expenses | $20M |
| Operating Expenses | $41M |
| Cost & Expenses | $110M |
| OPERATING INCOME | $7M |
| Interest Income | $903.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $903.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $655.0K |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $3M |
| EBIT | $7M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $116M |
| Cost of Revenue | $69M |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $14M |
| General & Administrative | $7M |
| SG&A Expenses | $21M |
| Other Expenses | $20M |
| Operating Expenses | $41M |
| Cost & Expenses | $110M |
| OPERATING INCOME | $7M |
| Interest Income | $903.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $903.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $655.0K |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $3M |
| EBIT | $7M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$271.0K |
| Other Non-Cash Items | $27.0K |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$25.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $138M |
| Short-Term Investments | $11M |
| Net Receivables | $22M |
| Inventory | $20M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $203M |
| PP&E (Net) | $31M |
| Goodwill | $102M |
| Intangible Assets | $15M |
| Long-Term Investments | $0 |
| Tax Assets | $705.0K |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $156M |
| TOTAL ASSETS | $359M |
| Account Payables | $56M |
| Short-Term Debt | $5M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $86M |
| TOTAL CURRENT LIABILITIES | $152M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $163.0K |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $162M |
| Common Stock | $37.0K |
| Additional Paid-In Capital | $278M |
| Retained Earnings | $23M |
| Treasury Stock | -$94M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $196M |
| Minority Interest | $0 |
| TOTAL EQUITY | $196M |
| TOTAL LIABILITIES & EQUITY | $359M |
| Total Debt | $15M |
| Net Debt | -$123M |
