| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $165M | $164M | $169M | 1.0% | -2.3% |
| Op. Income | $25M | $28M | $32M | -12.1% | -21.1% |
| Gross Margin | 57.5% | 55.8% | 52.6% | 1.7pp | 4.9pp |
| Net Margin | 11.5% | 13.1% | 14.4% | -1.6pp | -2.9pp |
| EPS (Diluted) | $0.28 | $0.35 | $0.40 | -20.0% | -30.0% |
| Free Cash Flow | $27M | -$4M | $20M | 846.6% | 39.2% |
| Item | Amount |
|---|---|
| REVENUE | $165M |
| Cost of Revenue | $70M |
| GROSS PROFIT | $95M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $43M |
| SG&A Expenses | $45M |
| Other Expenses | $26M |
| Operating Expenses | $70M |
| Cost & Expenses | $141M |
| OPERATING INCOME | $25M |
| Interest Income | $155M |
| Interest Expense | $67M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $4M |
| EBIT | $25M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $165M |
| Cost of Revenue | $70M |
| GROSS PROFIT | $95M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $43M |
| SG&A Expenses | $45M |
| Other Expenses | $26M |
| Operating Expenses | $70M |
| Cost & Expenses | $141M |
| OPERATING INCOME | $25M |
| Interest Income | $155M |
| Interest Expense | $67M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $4M |
| EBIT | $25M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $62.0K |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$45M |
| Sales/Maturities of Investments | $95M |
| Other Investing Activities | -$72M |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | $44M |
| Common Stock Repurchased | -$75M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $45M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $171M |
| Short-Term Investments | $736M |
| Net Receivables | $44M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $950M |
| PP&E (Net) | $113M |
| Goodwill | $523M |
| Intangible Assets | $11M |
| Long-Term Investments | $11.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $538M |
| TOTAL NON-CURRENT ASSETS | $12.4B |
| TOTAL ASSETS | $13.3B |
| Account Payables | $0 |
| Short-Term Debt | $61M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.2B |
| TOTAL CURRENT LIABILITIES | $10.3B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $254M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $11.7B |
| Common Stock | $625.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $655M |
| Treasury Stock | -$115M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | -$2M |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $834.0K |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $13.3B |
| Total Debt | $1.2B |
| Net Debt | $1.0B |
