| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $165M | $160M | $186M | 3.4% | -11.3% |
| Op. Income | $5M | $3M | $3M | 91.7% | 58.2% |
| Gross Margin | 17.0% | 15.8% | 15.9% | 1.3pp | 1.1pp |
| Net Margin | 1.7% | 2.0% | 0.7% | -0.3pp | 1.0pp |
| EPS (Diluted) | $0.05 | $0.05 | $0.02 | -9.5% | 126.7% |
| Free Cash Flow | $5M | $137.0K | $4M | 3310.9% | 4.9% |
| Item | Amount |
|---|---|
| REVENUE | $165M |
| Cost of Revenue | $137M |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $23M |
| Cost & Expenses | $160M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$966.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $12M |
| EBIT | $6M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $165M |
| Cost of Revenue | $137M |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $23M |
| Other Expenses | $0 |
| Operating Expenses | $23M |
| Cost & Expenses | $160M |
| OPERATING INCOME | $5M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$966.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $12M |
| EBIT | $6M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $494.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$460.0K |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$28.0K |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$14M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$173.0K |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | $5M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54M |
| Short-Term Investments | $0 |
| Net Receivables | $197M |
| Inventory | $216M |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $488M |
| PP&E (Net) | $291M |
| Goodwill | $71M |
| Intangible Assets | $119M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $506M |
| TOTAL ASSETS | $994M |
| Account Payables | $58M |
| Short-Term Debt | $117M |
| Deferred Revenue | $50M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $260M |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $43M |
| TOTAL LIABILITIES | $303M |
| Common Stock | $806.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $280M |
| Treasury Stock | -$667M |
| Accum. Other Comp. Income | -$65M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $691M |
| Minority Interest | $0 |
| TOTAL EQUITY | $691M |
| TOTAL LIABILITIES & EQUITY | $994M |
| Total Debt | $134M |
| Net Debt | $80M |
