| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $124M | $119M | $131M | 4.8% | -5.0% |
| Op. Income | $47M | $43M | $47M | 9.4% | -1.5% |
| Gross Margin | 55.6% | 55.6% | 51.3% | -0.1pp | 4.3pp |
| Net Margin | 26.4% | 25.3% | 25.7% | 1.1pp | 0.7pp |
| EPS (Diluted) | $2.57 | $2.23 | $2.48 | 15.2% | 3.6% |
| Free Cash Flow | $25M | $44M | $26M | -42.4% | -0.8% |
| Item | Amount |
|---|---|
| REVENUE | $124M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $69M |
| R&D Expenses | $0 |
| Selling & Marketing | $240.0K |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $8M |
| Operating Expenses | $22M |
| Cost & Expenses | $78M |
| OPERATING INCOME | $47M |
| Interest Income | $120M |
| Interest Expense | $54M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $432.0K |
| EBIT | $47M |
| EBITDA | $47M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $124M |
| Cost of Revenue | $55M |
| GROSS PROFIT | $69M |
| R&D Expenses | $0 |
| Selling & Marketing | $240.0K |
| General & Administrative | $14M |
| SG&A Expenses | $14M |
| Other Expenses | $8M |
| Operating Expenses | $22M |
| Cost & Expenses | $78M |
| OPERATING INCOME | $47M |
| Interest Income | $120M |
| Interest Expense | $54M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $432.0K |
| EBIT | $47M |
| EBITDA | $47M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $33M |
| Depreciation & Amortization | $432.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | -$177.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$205M |
| Sales/Maturities of Investments | $14M |
| Other Investing Activities | -$102M |
| NET CASH FROM INVESTING | -$293M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$57M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $206M |
| NET CASH FROM FINANCING | $139M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | -$129M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $776M |
| Short-Term Investments | $62.0K |
| Net Receivables | $42M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $818M |
| PP&E (Net) | $27M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $6.3B |
| Tax Assets | $46M |
| Other Non-Current Assets | $63M |
| TOTAL NON-CURRENT ASSETS | $6.5B |
| TOTAL ASSETS | $7.3B |
| Account Payables | $16M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.1B |
| TOTAL CURRENT LIABILITIES | $6.1B |
| Long-Term Debt | $349M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $66M |
| TOTAL NON-CURRENT LIABILITIES | $437M |
| TOTAL LIABILITIES | $6.5B |
| Common Stock | $211M |
| Additional Paid-In Capital | $101M |
| Retained Earnings | $729M |
| Treasury Stock | -$271M |
| Accum. Other Comp. Income | -$22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $748M |
| Minority Interest | $0 |
| TOTAL EQUITY | $748M |
| TOTAL LIABILITIES & EQUITY | $7.3B |
| Total Debt | $372M |
| Net Debt | -$405M |
