| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $200M | $195M | $185M | 2.6% | 7.7% |
| Op. Income | $21M | $7M | $7M | 196.7% | 186.2% |
| Gross Margin | 70.2% | 70.1% | 72.4% | 0.1pp | -2.2pp |
| Net Margin | 13.7% | 4.0% | 0.9% | 9.7pp | 12.8pp |
| EPS (Diluted) | $0.42 | $0.12 | $0.03 | 250.0% | 1534.2% |
| Free Cash Flow | $57M | -$16M | $55M | 451.7% | 2.6% |
| Item | Amount |
|---|---|
| REVENUE | $200M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $140M |
| R&D Expenses | $37M |
| Selling & Marketing | $49M |
| General & Administrative | $33M |
| SG&A Expenses | $82M |
| Other Expenses | $0 |
| Operating Expenses | $119M |
| Cost & Expenses | $178M |
| OPERATING INCOME | $21M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $3M |
| EBIT | $25M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $200M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $140M |
| R&D Expenses | $37M |
| Selling & Marketing | $49M |
| General & Administrative | $33M |
| SG&A Expenses | $82M |
| Other Expenses | $0 |
| Operating Expenses | $119M |
| Cost & Expenses | $178M |
| OPERATING INCOME | $21M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $3M |
| EBIT | $25M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $1.0K |
| Other Non-Cash Items | $834.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $57M |
| Capital Expenditure | -$589.0K |
| Acquisitions (Net) | -$11.0K |
| Purchases of Investments | -$500.0K |
| Sales/Maturities of Investments | -$14.0K |
| Other Investing Activities | $14.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$807.0K |
| NET CASH FROM FINANCING | -$50M |
| FREE CASH FLOW | $57M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $369M |
| Short-Term Investments | $8M |
| Net Receivables | $229M |
| Inventory | $0 |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $647M |
| PP&E (Net) | $24M |
| Goodwill | $502M |
| Intangible Assets | $15M |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $49M |
| TOTAL NON-CURRENT ASSETS | $594M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $116M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $53M |
| TOTAL CURRENT LIABILITIES | $237M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $60M |
| TOTAL LIABILITIES | $297M |
| Common Stock | $16M |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $1.3B |
| Treasury Stock | -$2.5B |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $944M |
| Minority Interest | $0 |
| TOTAL EQUITY | $944M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $33M |
| Net Debt | -$336M |
