| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5M | $5M | $5M | -4.9% | -9.9% |
| Op. Income | $266.0K | $370.0K | $1M | -28.1% | -75.2% |
| Gross Margin | 45.2% | 50.2% | 53.1% | -5.0pp | -7.8pp |
| Net Margin | 10.2% | 9.8% | 21.4% | 0.4pp | -11.2pp |
| EPS (Diluted) | $0.02 | $0.02 | $0.05 | -2.1% | -57.4% |
| Free Cash Flow | $916.0K | $680.0K | $2M | 34.7% | -53.6% |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $2M |
| R&D Expenses | $995.0K |
| Selling & Marketing | $358.0K |
| General & Administrative | $531.0K |
| SG&A Expenses | $889.0K |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $266.0K |
| Interest Income | $251.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $251.0K |
| INCOME BEFORE TAX | $517.0K |
| Income Tax Expense | $34.0K |
| Net Income from Continuing Ops | $483.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $483.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $483.0K |
| D&A | $79.0K |
| EBIT | $517.0K |
| EBITDA | $596.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $2M |
| R&D Expenses | $995.0K |
| Selling & Marketing | $358.0K |
| General & Administrative | $531.0K |
| SG&A Expenses | $889.0K |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $4M |
| OPERATING INCOME | $266.0K |
| Interest Income | $251.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $251.0K |
| INCOME BEFORE TAX | $517.0K |
| Income Tax Expense | $34.0K |
| Net Income from Continuing Ops | $483.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $483.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $483.0K |
| D&A | $79.0K |
| EBIT | $517.0K |
| EBITDA | $596.0K |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $483.0K |
| Depreciation & Amortization | $79.0K |
| Stock-Based Compensation | $49.0K |
| Deferred Income Tax | -$54.0K |
| Other Non-Cash Items | $23.0K |
| Change in Working Capital | $341.0K |
| OPERATING CASH FLOW | $921.0K |
| Capital Expenditure | -$5.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$14.0K |
| NET CASH FROM INVESTING | $3M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $916.0K |
| Net Change in Cash | -$580.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3M |
| Short-Term Investments | $9M |
| Net Receivables | $3M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $1M |
| Goodwill | $10M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $160.0K |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $14M |
| TOTAL ASSETS | $29M |
| Account Payables | $767.0K |
| Short-Term Debt | $0 |
| Deferred Revenue | $2M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $443.0K |
| Deferred Tax Liabilities | $537.0K |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $3M |
| TOTAL LIABILITIES | $8M |
| Common Stock | $54.0K |
| Additional Paid-In Capital | $28M |
| Retained Earnings | -$5M |
| Treasury Stock | -$808.0K |
| Accum. Other Comp. Income | -$630.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21M |
| Minority Interest | $0 |
| TOTAL EQUITY | $21M |
| TOTAL LIABILITIES & EQUITY | $29M |
| Total Debt | $1M |
| Net Debt | -$2M |
