| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $60M | $63M | $61M | -5.6% | -1.8% |
| Op. Income | $11M | $17M | $8M | -38.9% | 37.6% |
| Gross Margin | 73.5% | 74.3% | 66.2% | -0.8pp | 7.3pp |
| Net Margin | 13.9% | 22.9% | 10.8% | -9.0pp | 3.2pp |
| EPS (Diluted) | $0.21 | $0.37 | $0.17 | -43.2% | 23.5% |
| Free Cash Flow | $4M | $28M | $22.0K | -84.3% | 19718.2% |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $44M |
| R&D Expenses | $9M |
| Selling & Marketing | $12M |
| General & Administrative | $12M |
| SG&A Expenses | $23M |
| Other Expenses | $733.0K |
| Operating Expenses | $33M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $11M |
| Interest Income | $732.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $63.0K |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $2M |
| EBIT | $11M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $60M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $44M |
| R&D Expenses | $9M |
| Selling & Marketing | $12M |
| General & Administrative | $12M |
| SG&A Expenses | $23M |
| Other Expenses | $733.0K |
| Operating Expenses | $33M |
| Cost & Expenses | $49M |
| OPERATING INCOME | $11M |
| Interest Income | $732.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $63.0K |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $2M |
| EBIT | $11M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $364.0K |
| Other Non-Cash Items | $377.0K |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$12M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $14.0K |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$566.0K |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $93M |
| Short-Term Investments | $0 |
| Net Receivables | $49M |
| Inventory | $11M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $169M |
| PP&E (Net) | $30M |
| Goodwill | $103M |
| Intangible Assets | $11M |
| Long-Term Investments | $0 |
| Tax Assets | $29M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $188M |
| TOTAL ASSETS | $357M |
| Account Payables | $16M |
| Short-Term Debt | $0 |
| Deferred Revenue | $54M |
| Other Current Liabilities | $18.0K |
| TOTAL CURRENT LIABILITIES | $96M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $19M |
| TOTAL LIABILITIES | $115M |
| Common Stock | $38.0K |
| Additional Paid-In Capital | $126M |
| Retained Earnings | $169M |
| Treasury Stock | -$47M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $243M |
| Minority Interest | $0 |
| TOTAL EQUITY | $243M |
| TOTAL LIABILITIES & EQUITY | $357M |
| Total Debt | $9M |
| Net Debt | -$83M |
