| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $147M | $157M | $148M | -6.5% | -0.5% |
| Op. Income | $9M | $11M | $8M | -16.8% | 8.0% |
| Gross Margin | 24.5% | 25.6% | 23.6% | -1.2pp | 0.9pp |
| Net Margin | 4.3% | 4.6% | 3.8% | -0.3pp | 0.5pp |
| EPS (Diluted) | $0.20 | $0.23 | $0.18 | -13.0% | 11.1% |
| Free Cash Flow | $23M | -$291.0K | $9M | 8106.5% | 164.0% |
| Item | Amount |
|---|---|
| REVENUE | $147M |
| Cost of Revenue | $111M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $138M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $573.0K |
| Other Income/Expenses | -$738.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $3M |
| EBIT | $9M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $147M |
| Cost of Revenue | $111M |
| GROSS PROFIT | $36M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $138M |
| OPERATING INCOME | $9M |
| Interest Income | $0 |
| Interest Expense | $573.0K |
| Other Income/Expenses | -$738.0K |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $3M |
| EBIT | $9M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | -$229.0K |
| Deferred Income Tax | $577.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $2.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$23M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | -$736.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6M |
| Short-Term Investments | $0 |
| Net Receivables | $92M |
| Inventory | $0 |
| Other Current Assets | $89M |
| TOTAL CURRENT ASSETS | $187M |
| PP&E (Net) | $30M |
| Goodwill | $64M |
| Intangible Assets | $75M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $39M |
| TOTAL NON-CURRENT ASSETS | $209M |
| TOTAL ASSETS | $396M |
| Account Payables | $43M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $36M |
| TOTAL CURRENT LIABILITIES | $87M |
| Long-Term Debt | $28M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $61M |
| TOTAL LIABILITIES | $148M |
| Common Stock | $170M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $77M |
| Treasury Stock | -$11M |
| Accum. Other Comp. Income | $875.0K |
| Other Equity | $11M |
| TOTAL STOCKHOLDERS' EQUITY | $248M |
| Minority Interest | $0 |
| TOTAL EQUITY | $248M |
| TOTAL LIABILITIES & EQUITY | $396M |
| Total Debt | $59M |
| Net Debt | $52M |
