| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $116M | $104M | — | 12.1% | — |
| Op. Income | $6M | $11M | — | -49.7% | — |
| Gross Margin | 30.5% | 32.6% | — | -2.1pp | — |
| Net Margin | 27.3% | 31.3% | — | -4.0pp | — |
| EPS (Diluted) | $0.02 | $0.02 | — | 0.0% | — |
| Free Cash Flow | $34M | $30M | — | 10.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $116M |
| Cost of Revenue | $81M |
| GROSS PROFIT | $35M |
| R&D Expenses | $4M |
| Selling & Marketing | $12M |
| General & Administrative | $13M |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $110M |
| OPERATING INCOME | $6M |
| Interest Income | $21M |
| Interest Expense | $0 |
| Other Income/Expenses | $30M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $0 |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $116M |
| Cost of Revenue | $81M |
| GROSS PROFIT | $35M |
| R&D Expenses | $4M |
| Selling & Marketing | $12M |
| General & Administrative | $13M |
| SG&A Expenses | $25M |
| Other Expenses | $0 |
| Operating Expenses | $30M |
| Cost & Expenses | $110M |
| OPERATING INCOME | $6M |
| Interest Income | $21M |
| Interest Expense | $0 |
| Other Income/Expenses | $30M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $0 |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $32M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$119M |
| NET CASH FROM INVESTING | -$119M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$48M |
| NET CASH FROM FINANCING | -$48M |
| FREE CASH FLOW | $34M |
| Net Change in Cash | -$133M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $564M |
| Short-Term Investments | $519M |
| Net Receivables | $59M |
| Inventory | $33M |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $33M |
| Goodwill | $84M |
| Intangible Assets | $36M |
| Long-Term Investments | $1.2B |
| Tax Assets | $6M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $52M |
| Short-Term Debt | $15M |
| Deferred Revenue | $14M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $146M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $36M |
| TOTAL LIABILITIES | $182M |
| Common Stock | $2.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $13M |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $23M |
| Net Debt | -$541M |
