| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16M | $15M | $17M | 6.4% | -2.0% |
| Op. Income | $3M | $2M | $3M | 17.6% | 8.7% |
| Gross Margin | 31.2% | 30.6% | 28.5% | 0.6pp | 2.8pp |
| Net Margin | 14.7% | 13.5% | 12.4% | 1.2pp | 2.3pp |
| EPS (Diluted) | $0.12 | $0.10 | $0.10 | 20.0% | 20.0% |
| Free Cash Flow | -$2M | $1M | $1M | -307.4% | -283.7% |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $5M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $3M |
| Interest Income | $390.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $390.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $831.0K |
| 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 | $455.0K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $16M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $5M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2M |
| Other Expenses | $0 |
| Operating Expenses | $2M |
| Cost & Expenses | $14M |
| OPERATING INCOME | $3M |
| Interest Income | $390.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $390.0K |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $831.0K |
| 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 | $455.0K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $463.0K |
| Stock-Based Compensation | $101.0K |
| Deferred Income Tax | $281.0K |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $995.0K |
| OPERATING CASH FLOW | -$2M |
| Capital Expenditure | -$183.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | -$50.0K |
| NET CASH FROM INVESTING | $13M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $32M |
| Net Receivables | $13M |
| Inventory | $8M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $83M |
| PP&E (Net) | $22M |
| Goodwill | $0 |
| Intangible Assets | $10M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $33M |
| TOTAL ASSETS | $116M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $75.0K |
| TOTAL NON-CURRENT LIABILITIES | $6M |
| TOTAL LIABILITIES | $11M |
| Common Stock | $2M |
| Additional Paid-In Capital | $170M |
| Retained Earnings | -$50M |
| Treasury Stock | -$16M |
| Accum. Other Comp. Income | -$215.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $106M |
| Minority Interest | $0 |
| TOTAL EQUITY | $106M |
| TOTAL LIABILITIES & EQUITY | $116M |
| Total Debt | $338.0K |
| Net Debt | -$29M |
