| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $261M | $247M | $240M | 5.7% | 8.8% |
| Op. Income | $30M | $29M | $46M | 2.6% | -35.1% |
| Gross Margin | 84.4% | 84.0% | 84.6% | 0.4pp | -0.1pp |
| Net Margin | 7.5% | 8.3% | 13.5% | -0.9pp | -6.1pp |
| EPS (Diluted) | $0.05 | $0.05 | $0.09 | 2.4% | -41.0% |
| Free Cash Flow | $68M | $33M | $27M | 106.9% | 152.9% |
| Item | Amount |
|---|---|
| REVENUE | $261M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $220M |
| R&D Expenses | $37M |
| Selling & Marketing | $57M |
| General & Administrative | $37M |
| SG&A Expenses | $94M |
| Other Expenses | $58M |
| Operating Expenses | $190M |
| Cost & Expenses | $231M |
| OPERATING INCOME | $30M |
| Interest Income | $58M |
| Interest Expense | $227.0K |
| Other Income/Expenses | -$227.0K |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $28M |
| EBIT | $30M |
| EBITDA | $58M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $261M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $220M |
| R&D Expenses | $37M |
| Selling & Marketing | $57M |
| General & Administrative | $37M |
| SG&A Expenses | $94M |
| Other Expenses | $58M |
| Operating Expenses | $190M |
| Cost & Expenses | $231M |
| OPERATING INCOME | $30M |
| Interest Income | $58M |
| Interest Expense | $227.0K |
| Other Income/Expenses | -$227.0K |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $28M |
| EBIT | $30M |
| EBITDA | $58M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $71M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$33M |
| Purchases of Investments | -$201M |
| Sales/Maturities of Investments | $191M |
| Other Investing Activities | -$26M |
| NET CASH FROM INVESTING | -$86M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$32M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $434M |
| NET CASH FROM FINANCING | $405M |
| FREE CASH FLOW | $68M |
| Net Change in Cash | -$28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $497M |
| Short-Term Investments | $0 |
| Net Receivables | $69M |
| Inventory | $0 |
| Other Current Assets | $6.6B |
| TOTAL CURRENT ASSETS | $7.2B |
| PP&E (Net) | $63M |
| Goodwill | $78M |
| Intangible Assets | $204M |
| Long-Term Investments | $45M |
| Tax Assets | $45M |
| Other Non-Current Assets | $464M |
| TOTAL NON-CURRENT ASSETS | $898M |
| TOTAL ASSETS | $8.1B |
| Account Payables | $42M |
| Short-Term Debt | $0 |
| Deferred Revenue | $7.0B |
| Other Current Liabilities | $79M |
| TOTAL CURRENT LIABILITIES | $7.2B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $82M |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $131M |
| TOTAL LIABILITIES | $7.3B |
| Common Stock | $4M |
| Additional Paid-In Capital | $860M |
| Retained Earnings | $146M |
| Treasury Stock | -$243M |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $771M |
| Minority Interest | $0 |
| TOTAL EQUITY | $771M |
| TOTAL LIABILITIES & EQUITY | $8.1B |
| Total Debt | $46M |
| Net Debt | -$451M |
