| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $291M | $270M | $277M | 7.7% | 5.0% |
| Op. Income | $8M | -$12M | $3M | 169.9% | 151.9% |
| Gross Margin | 43.9% | 41.1% | 41.3% | 2.8pp | 2.6pp |
| Net Margin | 1.9% | -2.6% | 1.3% | 4.5pp | 0.6pp |
| EPS (Diluted) | $0.12 | $-0.15 | $0.08 | 180.0% | 48.0% |
| Free Cash Flow | $31M | $15M | $45M | 110.0% | -31.4% |
| Item | Amount |
|---|---|
| REVENUE | $291M |
| Cost of Revenue | $163M |
| GROSS PROFIT | $128M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $98M |
| Other Expenses | $0 |
| Operating Expenses | $120M |
| Cost & Expenses | $282M |
| OPERATING INCOME | $8M |
| Interest Income | $4M |
| Interest Expense | $349.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $20M |
| EBIT | $10M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $291M |
| Cost of Revenue | $163M |
| GROSS PROFIT | $128M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $98M |
| Other Expenses | $0 |
| Operating Expenses | $120M |
| Cost & Expenses | $282M |
| OPERATING INCOME | $8M |
| Interest Income | $4M |
| Interest Expense | $349.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $20M |
| EBIT | $10M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $907.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $43M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$16M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $399M |
| Short-Term Investments | $13M |
| Net Receivables | $233M |
| Inventory | $106M |
| Other Current Assets | $63M |
| TOTAL CURRENT ASSETS | $845M |
| PP&E (Net) | $147M |
| Goodwill | $738M |
| Intangible Assets | $234M |
| Long-Term Investments | $54M |
| Tax Assets | $60M |
| Other Non-Current Assets | $68M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $62M |
| Short-Term Debt | $175M |
| Deferred Revenue | $154M |
| Other Current Liabilities | $137M |
| TOTAL CURRENT LIABILITIES | $594M |
| Long-Term Debt | $167M |
| Deferred Revenue NC | $80M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $8M |
| TOTAL NON-CURRENT LIABILITIES | $287M |
| TOTAL LIABILITIES | $882M |
| Common Stock | $57.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $382M |
| Treasury Stock | -$306M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $384M |
| Net Debt | -$15M |
