| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $63M | $55M | $56M | 14.7% | 11.2% |
| Op. Income | $13M | $3M | $10M | 305.4% | 32.3% |
| Gross Margin | 53.3% | 39.7% | 47.7% | 13.6pp | 5.6pp |
| Net Margin | 14.9% | 4.2% | 12.9% | 10.7pp | 2.0pp |
| EPS (Diluted) | $0.52 | $0.13 | $0.39 | 300.0% | 33.3% |
| Free Cash Flow | $22M | $8M | $12M | 183.9% | 87.1% |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $212.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $8M |
| Operating Expenses | $20M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $13M |
| Interest Income | $54M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $2M |
| EBIT | $13M |
| EBITDA | $15M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $63M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $33M |
| R&D Expenses | $0 |
| Selling & Marketing | $212.0K |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $8M |
| Operating Expenses | $20M |
| Cost & Expenses | $50M |
| OPERATING INCOME | $13M |
| Interest Income | $54M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $2M |
| EBIT | $13M |
| EBITDA | $15M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $925.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$98.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$70M |
| Sales/Maturities of Investments | $36M |
| Other Investing Activities | -$97M |
| NET CASH FROM INVESTING | -$130M |
| Net Debt Issuance | $20M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $46M |
| NET CASH FROM FINANCING | $61M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | -$47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $192M |
| Short-Term Investments | $413M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $606M |
| PP&E (Net) | $49M |
| Goodwill | $71M |
| Intangible Assets | $2M |
| Long-Term Investments | $3.2B |
| Tax Assets | $18M |
| Other Non-Current Assets | $156M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $4.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.2B |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $315M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $384M |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $260M |
| Additional Paid-In Capital | $4M |
| Retained Earnings | $270M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $518M |
| Minority Interest | $72.0K |
| TOTAL EQUITY | $518M |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $342M |
| Net Debt | $150M |
