| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $117M | $116M | $102M | 1.1% | 14.8% |
| Op. Income | -$2M | -$3M | -$17M | 54.2% | 91.2% |
| Gross Margin | 67.9% | 67.2% | 67.9% | 0.7pp | 0.0pp |
| Net Margin | 0.6% | -3.4% | -17.6% | 3.9pp | 18.2pp |
| EPS (Diluted) | $0.01 | $-0.07 | $-0.31 | 116.0% | 103.4% |
| Free Cash Flow | $13M | $7M | $4M | 75.2% | 257.2% |
| Item | Amount |
|---|---|
| REVENUE | $117M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $80M |
| R&D Expenses | $29M |
| Selling & Marketing | $25M |
| General & Administrative | $19M |
| SG&A Expenses | $44M |
| Other Expenses | $7M |
| Operating Expenses | $81M |
| Cost & Expenses | $119M |
| OPERATING INCOME | -$2M |
| Interest Income | $999.0K |
| Interest Expense | $391.0K |
| Other Income/Expenses | $944.0K |
| INCOME BEFORE TAX | -$563.0K |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $654.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $654.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $654.0K |
| D&A | $7M |
| EBIT | -$172.0K |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $654.0K |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $189.0K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $490.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $98M |
| Short-Term Investments | $0 |
| Net Receivables | $77M |
| Inventory | $0 |
| Other Current Assets | $48M |
| TOTAL CURRENT ASSETS | $223M |
| PP&E (Net) | $25M |
| Goodwill | $76M |
| Intangible Assets | $26M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $57M |
| TOTAL NON-CURRENT ASSETS | $186M |
| TOTAL ASSETS | $409M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $27M |
| Other Current Liabilities | $72M |
| TOTAL CURRENT LIABILITIES | $105M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $81.0K |
| Deferred Tax Liabilities | $626.0K |
| Other Non-Current Liabilities | $45.0K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $111M |
| Common Stock | $611.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | -$805M |
| Treasury Stock | -$46M |
| Accum. Other Comp. Income | $112.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $298M |
| Minority Interest | $0 |
| TOTAL EQUITY | $298M |
| TOTAL LIABILITIES & EQUITY | $409M |
| Total Debt | $5M |
| Net Debt | -$94M |
