| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $220M | $213M | $157M | 3.1% | 40.2% |
| Op. Income | $66M | $63M | $46M | 3.8% | 43.9% |
| Gross Margin | 57.8% | 57.3% | 59.0% | 0.5pp | -1.2pp |
| Net Margin | 31.0% | 30.4% | 28.8% | 0.7pp | 2.3pp |
| EPS (Diluted) | $2.14 | $2.03 | $1.40 | 5.4% | 52.9% |
| Free Cash Flow | $43M | $60M | $58M | -28.1% | -25.9% |
| Item | Amount |
|---|---|
| REVENUE | $220M |
| Cost of Revenue | $93M |
| GROSS PROFIT | $127M |
| R&D Expenses | $35M |
| Selling & Marketing | $20M |
| General & Administrative | $6M |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $62M |
| Cost & Expenses | $154M |
| OPERATING INCOME | $66M |
| Interest Income | $15M |
| Interest Expense | $0 |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $81M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $5M |
| EBIT | $66M |
| EBITDA | $71M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $220M |
| Cost of Revenue | $93M |
| GROSS PROFIT | $127M |
| R&D Expenses | $35M |
| Selling & Marketing | $20M |
| General & Administrative | $6M |
| SG&A Expenses | $26M |
| Other Expenses | $0 |
| Operating Expenses | $62M |
| Cost & Expenses | $154M |
| OPERATING INCOME | $66M |
| Interest Income | $15M |
| Interest Expense | $0 |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $81M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $5M |
| EBIT | $66M |
| EBITDA | $71M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $68M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$75M |
| Sales/Maturities of Investments | $53M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$96.4K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $96.4K |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $43M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $161M |
| Short-Term Investments | $396M |
| Net Receivables | $138M |
| Inventory | $182M |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $901M |
| PP&E (Net) | $144M |
| Goodwill | $91M |
| Intangible Assets | $50M |
| Long-Term Investments | $288M |
| Tax Assets | $35M |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $632M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $54M |
| Short-Term Debt | $150M |
| Deferred Revenue | $65M |
| Other Current Liabilities | $76M |
| TOTAL CURRENT LIABILITIES | $351M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $86M |
| TOTAL LIABILITIES | $437M |
| Common Stock | $0 |
| Additional Paid-In Capital | $159M |
| Retained Earnings | $931M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $209M |
| Net Debt | $49M |
