| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $83M | $81M | $74M | 2.8% | 12.0% |
| Op. Income | $19M | $18M | $12M | 6.5% | 58.3% |
| Gross Margin | 56.6% | 57.3% | 51.3% | -0.7pp | 5.3pp |
| Net Margin | 17.6% | 15.7% | 12.8% | 1.9pp | 4.8pp |
| EPS (Diluted) | $0.39 | $0.33 | $0.24 | 18.2% | 62.5% |
| Free Cash Flow | $26M | $10M | $24M | 165.1% | 9.6% |
| Item | Amount |
|---|---|
| REVENUE | $83M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $9M |
| Operating Expenses | $28M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $19M |
| Interest Income | $80M |
| Interest Expense | $33M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $766.0K |
| EBIT | $19M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $83M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $19M |
| SG&A Expenses | $19M |
| Other Expenses | $9M |
| Operating Expenses | $28M |
| Cost & Expenses | $64M |
| OPERATING INCOME | $19M |
| Interest Income | $80M |
| Interest Expense | $33M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $766.0K |
| EBIT | $19M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $766.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$10.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$949.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$18M |
| Sales/Maturities of Investments | $7M |
| Other Investing Activities | -$29M |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | $37M |
| Common Stock Repurchased | -$19M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$59M |
| NET CASH FROM FINANCING | -$41M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | -$55M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $157M |
| Short-Term Investments | $65M |
| Net Receivables | $20M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $242M |
| PP&E (Net) | $34M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $4.7B |
| Tax Assets | $30M |
| Other Non-Current Assets | $215M |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.3B |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $128M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $90M |
| TOTAL NON-CURRENT LIABILITIES | $217M |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $407.0K |
| Additional Paid-In Capital | $359M |
| Retained Earnings | $428M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | -$44M |
| TOTAL STOCKHOLDERS' EQUITY | $737M |
| Minority Interest | $0 |
| TOTAL EQUITY | $737M |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $128M |
| Net Debt | -$30M |
