| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $67M | $63M | $63M | 6.1% | 6.1% |
| Op. Income | $14M | $11M | $9M | 28.4% | 51.2% |
| Gross Margin | 55.1% | 50.9% | 50.8% | 4.2pp | 4.3pp |
| Net Margin | 14.3% | 12.5% | 9.4% | 1.8pp | 4.9pp |
| EPS (Diluted) | $0.24 | $0.19 | $0.14 | 26.3% | 71.4% |
| Free Cash Flow | $14M | $9M | $7M | 51.7% | 108.5% |
| Item | Amount |
|---|---|
| REVENUE | $67M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $294.0K |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | $8M |
| Operating Expenses | $23M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $14M |
| Interest Income | $62M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $2M |
| EBIT | $14M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $67M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $294.0K |
| General & Administrative | $14M |
| SG&A Expenses | $15M |
| Other Expenses | $8M |
| Operating Expenses | $23M |
| Cost & Expenses | $53M |
| OPERATING INCOME | $14M |
| Interest Income | $62M |
| Interest Expense | $28M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $2M |
| EBIT | $14M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $512.0K |
| Change in Working Capital | $959.0K |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$220.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$171M |
| Sales/Maturities of Investments | $127M |
| Other Investing Activities | $69M |
| NET CASH FROM INVESTING | $24M |
| Net Debt Issuance | $1.8B |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$1.9B |
| NET CASH FROM FINANCING | -$42M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $98M |
| Short-Term Investments | $1.3B |
| Net Receivables | $19M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $47M |
| Goodwill | $41M |
| Intangible Assets | $0 |
| Long-Term Investments | $3.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $274M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.0B |
| TOTAL CURRENT LIABILITIES | $4.0B |
| Long-Term Debt | $893M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $59M |
| TOTAL NON-CURRENT LIABILITIES | $983M |
| TOTAL LIABILITIES | $5.0B |
| Common Stock | $648.0K |
| Additional Paid-In Capital | $590M |
| Retained Earnings | $448M |
| Treasury Stock | -$307M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | -$13M |
| TOTAL STOCKHOLDERS' EQUITY | $710M |
| Minority Interest | $0 |
| TOTAL EQUITY | $710M |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $924M |
| Net Debt | $826M |
