| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $92M | $90M | $90M | 2.4% | 2.2% |
| Op. Income | $24M | $27M | $20M | -13.4% | 20.2% |
| Gross Margin | 52.5% | 80.1% | 78.6% | -27.6pp | -26.2pp |
| Net Margin | 28.4% | 24.2% | 16.2% | 4.1pp | 12.2pp |
| EPS (Diluted) | $1.86 | $1.54 | $1.03 | 20.4% | 80.1% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $92M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $48M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $10M |
| SG&A Expenses | $20M |
| Other Expenses | $5M |
| Operating Expenses | $25M |
| Cost & Expenses | $68M |
| OPERATING INCOME | $24M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $0 |
| EBIT | $24M |
| EBITDA | $24M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $92M |
| Cost of Revenue | $44M |
| GROSS PROFIT | $48M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $10M |
| SG&A Expenses | $20M |
| Other Expenses | $5M |
| Operating Expenses | $25M |
| Cost & Expenses | $68M |
| OPERATING INCOME | $24M |
| Interest Income | $5M |
| Interest Expense | $0 |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $0 |
| EBIT | $24M |
| EBITDA | $24M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$28M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $558M |
| Short-Term Investments | $234M |
| Net Receivables | $163M |
| Inventory | $0 |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $990M |
| PP&E (Net) | $359M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $303M |
| Tax Assets | $46M |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $726M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $9M |
| Other Current Liabilities | $112M |
| TOTAL CURRENT LIABILITIES | $257M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $35M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $47M |
| TOTAL LIABILITIES | $304M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $1.4B |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $10M |
| Net Debt | -$548M |
