| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $123M | $120M | — | 3.0% | — |
| Op. Income | $4M | -$10M | — | 134.5% | — |
| Gross Margin | 84.6% | 84.0% | — | 0.6pp | — |
| Net Margin | 7.9% | -5.4% | — | 13.3pp | — |
| EPS (Diluted) | $0.10 | $-0.07 | — | 240.6% | — |
| Free Cash Flow | $33M | $29M | — | 14.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $123M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $104M |
| R&D Expenses | $31M |
| Selling & Marketing | $44M |
| General & Administrative | $25M |
| SG&A Expenses | $70M |
| Other Expenses | -$108.0K |
| Operating Expenses | $101M |
| Cost & Expenses | $120M |
| OPERATING INCOME | $4M |
| Interest Income | $6M |
| Interest Expense | $2M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $3M |
| EBIT | $10M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $123M |
| Cost of Revenue | $19M |
| GROSS PROFIT | $104M |
| R&D Expenses | $31M |
| Selling & Marketing | $44M |
| General & Administrative | $25M |
| SG&A Expenses | $70M |
| Other Expenses | -$108.0K |
| Operating Expenses | $101M |
| Cost & Expenses | $120M |
| OPERATING INCOME | $4M |
| Interest Income | $6M |
| Interest Expense | $2M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $3M |
| EBIT | $10M |
| EBITDA | $13M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $35M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$874.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$58M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$59M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | -$32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $340M |
| Short-Term Investments | $228M |
| Net Receivables | $70M |
| Inventory | $0 |
| Other Current Assets | $33M |
| TOTAL CURRENT ASSETS | $672M |
| PP&E (Net) | $33M |
| Goodwill | $137M |
| Intangible Assets | $18M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $220M |
| TOTAL ASSETS | $892M |
| Account Payables | $7M |
| Short-Term Debt | $4M |
| Deferred Revenue | $227M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $281M |
| Long-Term Debt | $395M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5M |
| TOTAL NON-CURRENT LIABILITIES | $413M |
| TOTAL LIABILITIES | $694M |
| Common Stock | $0 |
| Additional Paid-In Capital | $774M |
| Retained Earnings | -$593M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$673.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $181M |
| Minority Interest | $17M |
| TOTAL EQUITY | $198M |
| TOTAL LIABILITIES & EQUITY | $892M |
| Total Debt | $408M |
| Net Debt | $69M |
