| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $729M | $679M | $552M | 7.5% | 32.2% |
| Op. Income | $13M | $11M | -$823.2K | 26.0% | 1716.4% |
| Gross Margin | 20.7% | 21.7% | 20.8% | -1.0pp | -0.1pp |
| Net Margin | 1.4% | 0.9% | -0.3% | 0.5pp | 1.7pp |
| EPS (Diluted) | $0.03 | $0.02 | $-0.01 | 58.3% | 545.0% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $729M |
| Cost of Revenue | $578M |
| GROSS PROFIT | $151M |
| R&D Expenses | $9M |
| Selling & Marketing | $59M |
| General & Administrative | $11M |
| SG&A Expenses | $71M |
| Other Expenses | $58M |
| Operating Expenses | $138M |
| Cost & Expenses | $716M |
| OPERATING INCOME | $13M |
| Interest Income | $815.3K |
| Interest Expense | $254.7K |
| Other Income/Expenses | -$207.6K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $10M |
| EBIT | $15M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $729M |
| Cost of Revenue | $578M |
| GROSS PROFIT | $151M |
| R&D Expenses | $9M |
| Selling & Marketing | $59M |
| General & Administrative | $11M |
| SG&A Expenses | $71M |
| Other Expenses | $58M |
| Operating Expenses | $138M |
| Cost & Expenses | $716M |
| OPERATING INCOME | $13M |
| Interest Income | $815.3K |
| Interest Expense | $254.7K |
| Other Income/Expenses | -$207.6K |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $10M |
| EBIT | $15M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $190M |
| Short-Term Investments | $91M |
| Net Receivables | $213M |
| Inventory | $119M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $629M |
| PP&E (Net) | $29M |
| Goodwill | $0 |
| Intangible Assets | $2M |
| Long-Term Investments | $77M |
| Tax Assets | $0 |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $131M |
| TOTAL ASSETS | $760M |
| Account Payables | $20M |
| Short-Term Debt | $25M |
| Deferred Revenue | $15M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $195M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $377.7K |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $206M |
| Common Stock | $554M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $554M |
| Minority Interest | $0 |
| TOTAL EQUITY | $554M |
| TOTAL LIABILITIES & EQUITY | $760M |
| Total Debt | $36M |
| Net Debt | -$154M |
