| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $140M | $131M | $148M | 6.6% | -5.7% |
| Op. Income | $31M | $26M | $32M | 17.1% | -3.5% |
| Gross Margin | 55.6% | 53.6% | 53.5% | 1.9pp | 2.1pp |
| Net Margin | 20.7% | 19.6% | 19.6% | 1.1pp | 1.1pp |
| EPS (Diluted) | $1.71 | $1.52 | $1.72 | 12.5% | -0.6% |
| Free Cash Flow | $24M | -$13M | $16M | 291.1% | 49.7% |
| Item | Amount |
|---|---|
| REVENUE | $140M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $78M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $30M |
| SG&A Expenses | $32M |
| Other Expenses | $15M |
| Operating Expenses | $47M |
| Cost & Expenses | $109M |
| OPERATING INCOME | $31M |
| Interest Income | $120M |
| Interest Expense | $58M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $3M |
| EBIT | $31M |
| EBITDA | $34M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $140M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $78M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $30M |
| SG&A Expenses | $32M |
| Other Expenses | $15M |
| Operating Expenses | $47M |
| Cost & Expenses | $109M |
| OPERATING INCOME | $31M |
| Interest Income | $120M |
| Interest Expense | $58M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $31M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $3M |
| EBIT | $31M |
| EBITDA | $34M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $622.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $42M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$72M |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | -$32M |
| NET CASH FROM INVESTING | -$97M |
| Net Debt Issuance | $79M |
| Common Stock Repurchased | -$272.0K |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$19M |
| NET CASH FROM FINANCING | $60M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $223M |
| Short-Term Investments | $66M |
| Net Receivables | $12M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $301M |
| PP&E (Net) | $182M |
| Goodwill | $139M |
| Intangible Assets | $10M |
| Long-Term Investments | $8.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $487M |
| TOTAL NON-CURRENT ASSETS | $8.9B |
| TOTAL ASSETS | $9.2B |
| Account Payables | $0 |
| Short-Term Debt | $1M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.3B |
| TOTAL CURRENT LIABILITIES | $7.3B |
| Long-Term Debt | $508M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $364M |
| TOTAL NON-CURRENT LIABILITIES | $872M |
| TOTAL LIABILITIES | $8.2B |
| Common Stock | $17M |
| Additional Paid-In Capital | $377M |
| Retained Earnings | $718M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$61M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $9.2B |
| Total Debt | $509M |
| Net Debt | $286M |
