| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $76M | $78M | $80M | -2.3% | -5.8% |
| Op. Income | $3M | $671.1K | $4M | 375.6% | -28.2% |
| Gross Margin | 58.3% | 55.3% | 57.0% | 2.9pp | 1.3pp |
| Net Margin | 0.3% | -0.8% | 5.6% | 1.1pp | -5.3pp |
| EPS (Diluted) | $0.00 | $-0.01 | $0.08 | 137.4% | -94.8% |
| Free Cash Flow | -$6M | $9M | -$67.8K | -160.3% | -8100.0% |
| Item | Amount |
|---|---|
| REVENUE | $76M |
| Cost of Revenue | $32M |
| GROSS PROFIT | $44M |
| R&D Expenses | $13M |
| Selling & Marketing | $18M |
| General & Administrative | $11M |
| SG&A Expenses | $29M |
| Other Expenses | -$2M |
| Operating Expenses | $41M |
| Cost & Expenses | $73M |
| OPERATING INCOME | $3M |
| Interest Income | $1M |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$376.5K |
| Income Tax Expense | -$609.1K |
| Net Income from Continuing Ops | $232.7K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $232.7K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $232.7K |
| D&A | $6M |
| EBIT | $4M |
| EBITDA | $10M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $231.5K |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $52.6K |
| Deferred Income Tax | -$611.5K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | -$31.6K |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $22M |
| NET CASH FROM FINANCING | $18M |
| FREE CASH FLOW | -$6M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $136M |
| Short-Term Investments | $0 |
| Net Receivables | $58M |
| Inventory | $17M |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $236M |
| PP&E (Net) | $138M |
| Goodwill | $51M |
| Intangible Assets | $32M |
| Long-Term Investments | $5M |
| Tax Assets | $4M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $237M |
| TOTAL ASSETS | $473M |
| Account Payables | $23M |
| Short-Term Debt | $10M |
| Deferred Revenue | $53M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $109M |
| Long-Term Debt | $45M |
| Deferred Revenue NC | $18M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $381.2K |
| TOTAL NON-CURRENT LIABILITIES | $72M |
| TOTAL LIABILITIES | $181M |
| Common Stock | $5M |
| Additional Paid-In Capital | $273M |
| Retained Earnings | $13M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $292M |
| Minority Interest | -$91.2K |
| TOTAL EQUITY | $292M |
| TOTAL LIABILITIES & EQUITY | $473M |
| Total Debt | $63M |
| Net Debt | -$74M |
