| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $130M | $122M | $122M | 5.9% | 6.4% |
| Op. Income | $27M | $23M | $24M | 14.6% | 12.1% |
| Gross Margin | 53.9% | 54.0% | 54.3% | -0.1pp | -0.4pp |
| Net Margin | 14.5% | 13.4% | 13.8% | 1.1pp | 0.7pp |
| EPS (Diluted) | $1.76 | $1.45 | $1.50 | 21.4% | 17.3% |
| Free Cash Flow | $18M | $6M | $35M | 213.8% | -49.3% |
| Item | Amount |
|---|---|
| REVENUE | $130M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $70M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $23M |
| Operating Expenses | $43M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $27M |
| Interest Income | $127M |
| Interest Expense | $53M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $0 |
| EBIT | $27M |
| EBITDA | $27M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $130M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $70M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $20M |
| SG&A Expenses | $20M |
| Other Expenses | $23M |
| Operating Expenses | $43M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $27M |
| Interest Income | $127M |
| Interest Expense | $53M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $0 |
| EBIT | $27M |
| EBITDA | $27M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | -$2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$878.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$41M |
| Sales/Maturities of Investments | $29M |
| Other Investing Activities | -$269M |
| NET CASH FROM INVESTING | -$281M |
| Net Debt Issuance | -$85M |
| Common Stock Repurchased | -$38M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $342M |
| NET CASH FROM FINANCING | $219M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | -$44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $152M |
| Short-Term Investments | $534M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $686M |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $7.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $191M |
| TOTAL NON-CURRENT ASSETS | $7.2B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.8B |
| TOTAL CURRENT LIABILITIES | $6.8B |
| Long-Term Debt | $217M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $122M |
| TOTAL NON-CURRENT LIABILITIES | $340M |
| TOTAL LIABILITIES | $7.1B |
| Common Stock | $113.0K |
| Additional Paid-In Capital | $401M |
| Retained Earnings | $418M |
| Treasury Stock | -$51M |
| Accum. Other Comp. Income | -$45M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $723M |
| Minority Interest | $0 |
| TOTAL EQUITY | $723M |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $217M |
| Net Debt | $65M |
