| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19M | $19M | $17M | 0.7% | 11.1% |
| Op. Income | $3M | $3M | $3M | 4.8% | 21.1% |
| Gross Margin | 30.8% | 29.0% | 30.2% | 1.8pp | 0.6pp |
| Net Margin | 11.7% | 25.3% | 12.1% | -13.5pp | -0.4pp |
| EPS (Diluted) | $0.66 | $1.40 | $0.61 | -52.9% | 8.2% |
| Free Cash Flow | $4M | $2M | -$5M | 51.6% | 174.6% |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $6M |
| R&D Expenses | $734.0K |
| Selling & Marketing | $39.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $3M |
| Interest Income | $60.0K |
| Interest Expense | $141.0K |
| Other Income/Expenses | -$331.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $741.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $314.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $19M |
| Cost of Revenue | $13M |
| GROSS PROFIT | $6M |
| R&D Expenses | $734.0K |
| Selling & Marketing | $39.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $15M |
| OPERATING INCOME | $3M |
| Interest Income | $60.0K |
| Interest Expense | $141.0K |
| Other Income/Expenses | -$331.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $741.0K |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $314.0K |
| EBIT | $3M |
| EBITDA | $3M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $314.0K |
| Stock-Based Compensation | $164.0K |
| Deferred Income Tax | $138.0K |
| Other Non-Cash Items | $255.0K |
| Change in Working Capital | $514.0K |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$70.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $9M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$27.0K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8M |
| Short-Term Investments | $864.0K |
| Net Receivables | $18M |
| Inventory | $22M |
| Other Current Assets | $510.0K |
| TOTAL CURRENT ASSETS | $49M |
| PP&E (Net) | $830.0K |
| Goodwill | $0 |
| Intangible Assets | $12.0K |
| Long-Term Investments | $135.0K |
| Tax Assets | $1M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $13M |
| TOTAL ASSETS | $62M |
| Account Payables | $4M |
| Short-Term Debt | $3M |
| Deferred Revenue | $163.0K |
| Other Current Liabilities | -$520.0K |
| TOTAL CURRENT LIABILITIES | $12M |
| Long-Term Debt | $8M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$419.0K |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $21M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $42M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $42M |
| Minority Interest | $0 |
| TOTAL EQUITY | $42M |
| TOTAL LIABILITIES & EQUITY | $62M |
| Total Debt | $12M |
| Net Debt | $4M |
