| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $42M | $40M | $39M | 4.9% | 8.0% |
| Op. Income | $8M | $8M | $8M | 9.9% | 11.5% |
| Gross Margin | 54.0% | 54.2% | 51.3% | -0.2pp | 2.7pp |
| Net Margin | 15.2% | 14.0% | 14.1% | 1.2pp | 1.1pp |
| EPS (Diluted) | $0.42 | $0.37 | $0.36 | 13.5% | 16.7% |
| Free Cash Flow | -$8M | $4M | $16M | -282.5% | -149.0% |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $232.0K |
| General & Administrative | $418.0K |
| SG&A Expenses | $650.0K |
| Other Expenses | $13M |
| Operating Expenses | $14M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $8M |
| Interest Income | $38M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| 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 | $394.0K |
| EBIT | $8M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $42M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $22M |
| R&D Expenses | $0 |
| Selling & Marketing | $232.0K |
| General & Administrative | $418.0K |
| SG&A Expenses | $650.0K |
| Other Expenses | $13M |
| Operating Expenses | $14M |
| Cost & Expenses | $33M |
| OPERATING INCOME | $8M |
| Interest Income | $38M |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $2M |
| 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 | $394.0K |
| EBIT | $8M |
| EBITDA | $9M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $394.0K |
| Stock-Based Compensation | $153.0K |
| Deferred Income Tax | $364.0K |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | -$138.0K |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$720.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | -$28M |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | -$25M |
| Common Stock Repurchased | -$713.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $65M |
| NET CASH FROM FINANCING | $37M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $205M |
| Short-Term Investments | $38.0K |
| Net Receivables | $10M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $216M |
| PP&E (Net) | $17M |
| Goodwill | $0 |
| Intangible Assets | $11M |
| Long-Term Investments | $2.2B |
| Tax Assets | $13M |
| Other Non-Current Assets | $64M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $16M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.3B |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $50M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $79M |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $73M |
| Additional Paid-In Capital | $11M |
| Retained Earnings | $143M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $214M |
| Minority Interest | $0 |
| TOTAL EQUITY | $214M |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $62M |
| Net Debt | -$143M |
