| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $38M | — | $45M | — | -16.2% |
| Op. Income | $3M | — | $6M | — | -45.0% |
| Gross Margin | 33.2% | — | 33.4% | — | -0.2pp |
| Net Margin | 8.3% | — | 10.4% | — | -2.1pp |
| EPS (Diluted) | $9.86 | — | $15.36 | — | -35.8% |
| Free Cash Flow | -$10M | — | $1M | — | -1086.0% |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $13M |
| R&D Expenses | $1M |
| Selling & Marketing | $3M |
| General & Administrative | $3M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $35M |
| OPERATING INCOME | $3M |
| Interest Income | $1M |
| Interest Expense | $245.5K |
| Other Income/Expenses | $563.7K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $657.8K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $275.4K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $10 |
| EPS Diluted | $10 |
| Item | Amount |
|---|---|
| REVENUE | $38M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $13M |
| R&D Expenses | $1M |
| Selling & Marketing | $3M |
| General & Administrative | $3M |
| SG&A Expenses | $8M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $35M |
| OPERATING INCOME | $3M |
| Interest Income | $1M |
| Interest Expense | $245.5K |
| Other Income/Expenses | $563.7K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $657.8K |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $275.4K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $10 |
| EPS Diluted | $10 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $275.4K |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$10.2K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | $12M |
| Net Debt Issuance | $7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$386.5K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16M |
| Short-Term Investments | $0 |
| Net Receivables | $118M |
| Inventory | $1M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $146M |
| PP&E (Net) | $8M |
| Goodwill | $0 |
| Intangible Assets | $443.6K |
| Long-Term Investments | $23M |
| Tax Assets | $0 |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $44M |
| TOTAL ASSETS | $191M |
| Account Payables | $11M |
| Short-Term Debt | $11M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1M |
| TOTAL CURRENT LIABILITIES | $26M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $26M |
| Common Stock | $16.0K |
| Additional Paid-In Capital | $49M |
| Retained Earnings | $125M |
| Treasury Stock | -$200.0K |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $165M |
| Minority Interest | $0 |
| TOTAL EQUITY | $165M |
| TOTAL LIABILITIES & EQUITY | $191M |
| Total Debt | $11M |
| Net Debt | -$4M |
