| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $181M | $169M | $178M | 7.2% | 1.7% |
| Op. Income | $8M | $2M | $28M | 327.1% | -69.9% |
| Gross Margin | 77.4% | 79.7% | 75.1% | -2.3pp | 2.3pp |
| Net Margin | -2.7% | 2.8% | 10.6% | -5.5pp | -13.3pp |
| EPS (Diluted) | $-0.11 | $0.10 | $0.39 | -210.0% | -128.2% |
| Free Cash Flow | $9M | $27M | $52M | -65.4% | -82.0% |
| Item | Amount |
|---|---|
| REVENUE | $181M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $140M |
| R&D Expenses | $28M |
| Selling & Marketing | $51M |
| General & Administrative | $38M |
| SG&A Expenses | $89M |
| Other Expenses | $15M |
| Operating Expenses | $132M |
| Cost & Expenses | $173M |
| OPERATING INCOME | $8M |
| Interest Income | $5M |
| Interest Expense | $5M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | -$5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$5M |
| D&A | $27M |
| EBIT | $2M |
| EBITDA | $29M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$5M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $752.0K |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$38M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $71M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $62M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$58M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $300M |
| Short-Term Investments | $145M |
| Net Receivables | $114M |
| Inventory | $148M |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $746M |
| PP&E (Net) | $202M |
| Goodwill | $20M |
| Intangible Assets | $423M |
| Long-Term Investments | $19M |
| Tax Assets | $128M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $792M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $30M |
| Short-Term Debt | $202M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $313M |
| Long-Term Debt | $378M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $466M |
| TOTAL LIABILITIES | $779M |
| Common Stock | $48.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$206M |
| Treasury Stock | -$76M |
| Accum. Other Comp. Income | $4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $758M |
| Minority Interest | $0 |
| TOTAL EQUITY | $758M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $631M |
| Net Debt | $331M |
