| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $199M | $188M | — | 5.8% | — |
| Op. Income | -$66M | -$68M | — | 3.5% | — |
| Gross Margin | 62.1% | 61.5% | — | 0.6pp | — |
| Net Margin | -43.9% | -47.5% | — | 3.6pp | — |
| EPS (Diluted) | $-0.45 | $-0.77 | — | 41.6% | — |
| Free Cash Flow | -$57M | -$58M | — | 3.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $199M |
| Cost of Revenue | $75M |
| GROSS PROFIT | $123M |
| R&D Expenses | $43M |
| Selling & Marketing | $120M |
| General & Administrative | $26M |
| SG&A Expenses | $146M |
| Other Expenses | $0 |
| Operating Expenses | $189M |
| Cost & Expenses | $264M |
| OPERATING INCOME | -$66M |
| Interest Income | $1M |
| Interest Expense | $47M |
| Other Income/Expenses | -$47M |
| INCOME BEFORE TAX | -$113M |
| Income Tax Expense | -$26M |
| Net Income from Continuing Ops | -$87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$246M |
| D&A | $66M |
| EBIT | -$66M |
| EBITDA | $202.0K |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$87M |
| Depreciation & Amortization | $66M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$30M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | -$53M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$100.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$415.0K |
| NET CASH FROM FINANCING | -$415.0K |
| FREE CASH FLOW | -$57M |
| Net Change in Cash | -$57M |
