| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $85M | $82M | $83M | 2.7% | 2.0% |
| Op. Income | $29M | $26M | $29M | 11.5% | 0.1% |
| Gross Margin | 84.0% | 84.1% | 79.2% | -0.1pp | 4.9pp |
| Net Margin | 25.8% | 24.1% | 26.4% | 1.7pp | -0.6pp |
| EPS (Diluted) | $0.48 | $0.43 | $0.48 | 11.6% | 0.0% |
| Free Cash Flow | $26M | $16M | $9M | 59.3% | 197.7% |
| Item | Amount |
|---|---|
| REVENUE | $85M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $71M |
| R&D Expenses | $0 |
| Selling & Marketing | $320.0K |
| General & Administrative | $28M |
| SG&A Expenses | $28M |
| Other Expenses | $14M |
| Operating Expenses | $42M |
| Cost & Expenses | $55M |
| OPERATING INCOME | $29M |
| Interest Income | $75M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $3M |
| EBIT | $29M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $85M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $71M |
| R&D Expenses | $0 |
| Selling & Marketing | $320.0K |
| General & Administrative | $28M |
| SG&A Expenses | $28M |
| Other Expenses | $14M |
| Operating Expenses | $42M |
| Cost & Expenses | $55M |
| OPERATING INCOME | $29M |
| Interest Income | $75M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $3M |
| EBIT | $29M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | $2M |
| Acquisitions (Net) | -$28.0K |
| Purchases of Investments | -$80M |
| Sales/Maturities of Investments | $53M |
| Other Investing Activities | -$65M |
| NET CASH FROM INVESTING | -$90M |
| Net Debt Issuance | $9M |
| Common Stock Repurchased | -$62.0K |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$54M |
| NET CASH FROM FINANCING | -$48M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | -$114M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $142M |
| Short-Term Investments | $1.2B |
| Net Receivables | $522M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $86M |
| Goodwill | $93M |
| Intangible Assets | $30M |
| Long-Term Investments | $3.4B |
| Tax Assets | $20M |
| Other Non-Current Assets | $194M |
| TOTAL NON-CURRENT ASSETS | $3.9B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $0 |
| Short-Term Debt | $47M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.8B |
| TOTAL CURRENT LIABILITIES | $4.8B |
| Long-Term Debt | $85M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $52M |
| TOTAL NON-CURRENT LIABILITIES | $137M |
| TOTAL LIABILITIES | $5.0B |
| Common Stock | $45M |
| Additional Paid-In Capital | $206M |
| Retained Earnings | $505M |
| Treasury Stock | -$645.0K |
| Accum. Other Comp. Income | -$37M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $719M |
| Minority Interest | $0 |
| TOTAL EQUITY | $719M |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $133M |
| Net Debt | -$9M |
