| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $118M | $120M | — | -2.3% | — |
| Op. Income | $16M | $17M | — | -7.4% | — |
| Gross Margin | 27.4% | 29.5% | — | -2.0pp | — |
| Net Margin | 10.7% | 12.8% | — | -2.2pp | — |
| EPS (Diluted) | $-1.07 | $1.07 | — | -200.0% | — |
| Free Cash Flow | $12M | $1M | — | 861.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $118M |
| Cost of Revenue | $85M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $102M |
| OPERATING INCOME | $16M |
| Interest Income | $307.0K |
| Interest Expense | $555.0K |
| Other Income/Expenses | $121.0K |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $6M |
| EBIT | $16M |
| EBITDA | $21M |
| EPS | $1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| REVENUE | $118M |
| Cost of Revenue | $85M |
| GROSS PROFIT | $32M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $102M |
| OPERATING INCOME | $16M |
| Interest Income | $307.0K |
| Interest Expense | $555.0K |
| Other Income/Expenses | $121.0K |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $6M |
| EBIT | $16M |
| EBITDA | $21M |
| EPS | $1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | -$1M |
| Deferred Income Tax | -$438.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $0 |
| Net Receivables | $70M |
| Inventory | $54M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $177M |
| PP&E (Net) | $149M |
| Goodwill | $16M |
| Intangible Assets | $25M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $211M |
| TOTAL ASSETS | $388M |
| Account Payables | $10M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $36M |
| TOTAL CURRENT LIABILITIES | $51M |
| Long-Term Debt | $39M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $64M |
| TOTAL LIABILITIES | $116M |
| Common Stock | $2M |
| Additional Paid-In Capital | $69M |
| Retained Earnings | $300M |
| Treasury Stock | -$100M |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $272M |
| Minority Interest | $0 |
| TOTAL EQUITY | $272M |
| TOTAL LIABILITIES & EQUITY | $388M |
| Total Debt | $55M |
| Net Debt | $8M |
