| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $52M | $37M | $47M | 39.4% | 10.6% |
| Op. Income | $11M | -$3M | $698.0K | 469.7% | 1528.2% |
| Gross Margin | 87.4% | 84.0% | 86.8% | 3.4pp | 0.7pp |
| Net Margin | 17.6% | -12.4% | 0.6% | 30.0pp | 17.0pp |
| EPS (Diluted) | $0.20 | $-0.10 | $0.01 | 300.0% | 3289.8% |
| Free Cash Flow | $14M | $230.0K | $7M | 5774.3% | 105.3% |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $45M |
| R&D Expenses | $10M |
| Selling & Marketing | $11M |
| General & Administrative | $10M |
| SG&A Expenses | $21M |
| Other Expenses | $4M |
| Operating Expenses | $34M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $916.0K |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $4M |
| EBIT | $12M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $7M |
| GROSS PROFIT | $45M |
| R&D Expenses | $10M |
| Selling & Marketing | $11M |
| General & Administrative | $10M |
| SG&A Expenses | $21M |
| Other Expenses | $4M |
| Operating Expenses | $34M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $11M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $916.0K |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $4M |
| EBIT | $12M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$623.0K |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$232.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$380.0K |
| Net Debt Issuance | -$47.0K |
| Common Stock Repurchased | -$1.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $36.0K |
| FREE CASH FLOW | $14M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $105M |
| Short-Term Investments | $31M |
| Net Receivables | $62M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $204M |
| PP&E (Net) | $5M |
| Goodwill | $128M |
| Intangible Assets | $45M |
| Long-Term Investments | $16M |
| Tax Assets | $23M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $221M |
| TOTAL ASSETS | $425M |
| Account Payables | $3M |
| Short-Term Debt | $148M |
| Deferred Revenue | $29M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $196M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $372.0K |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $10M |
| TOTAL LIABILITIES | $205M |
| Common Stock | $46.0K |
| Additional Paid-In Capital | $257M |
| Retained Earnings | -$29M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $220M |
| Minority Interest | $0 |
| TOTAL EQUITY | $220M |
| TOTAL LIABILITIES & EQUITY | $425M |
| Total Debt | $151M |
| Net Debt | $46M |
