| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $52M | $48M | $42M | 8.3% | 24.2% |
| Op. Income | $1M | -$4M | $264.0K | 131.4% | 323.1% |
| Gross Margin | 71.2% | 72.9% | 70.6% | -1.7pp | 0.6pp |
| Net Margin | 2.2% | -6.3% | 4.1% | 8.6pp | -1.9pp |
| EPS (Diluted) | $0.03 | $-0.08 | $0.04 | 137.6% | -33.0% |
| Free Cash Flow | -$14M | $437.0K | -$5M | -3226.5% | -194.7% |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $37M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $20M |
| Operating Expenses | $36M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $71.0K |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $2M |
| EBIT | $1M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $52M |
| Cost of Revenue | $15M |
| GROSS PROFIT | $37M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $20M |
| Operating Expenses | $36M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $71.0K |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $2M |
| EBIT | $1M |
| EBITDA | $3M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$986.0K |
| Other Non-Cash Items | -$162.0K |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $641.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | -$78.0K |
| NET CASH FROM INVESTING | -$385.0K |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$215.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $3M |
| Net Receivables | $81M |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $135M |
| PP&E (Net) | $67M |
| Goodwill | $97M |
| Intangible Assets | $56M |
| Long-Term Investments | $18M |
| Tax Assets | $1M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $256M |
| TOTAL ASSETS | $391M |
| Account Payables | $7M |
| Short-Term Debt | $2M |
| Deferred Revenue | $23M |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $57M |
| Long-Term Debt | $66M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $77M |
| TOTAL LIABILITIES | $134M |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $518M |
| Retained Earnings | -$96M |
| Treasury Stock | -$163M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $258M |
| Minority Interest | $0 |
| TOTAL EQUITY | $258M |
| TOTAL LIABILITIES & EQUITY | $391M |
| Total Debt | $74M |
| Net Debt | $37M |
