| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $110M | $110M | $115M | 0.2% | -4.4% |
| Op. Income | $27M | $26M | $30M | 1.2% | -11.2% |
| Gross Margin | 59.3% | 57.1% | 56.6% | 2.1pp | 2.7pp |
| Net Margin | 19.8% | 19.5% | 21.4% | 0.2pp | -1.6pp |
| EPS (Diluted) | $0.72 | $0.71 | $0.81 | 1.4% | -11.1% |
| Free Cash Flow | -$2M | $22M | $15M | -110.6% | -114.9% |
| Item | Amount |
|---|---|
| REVENUE | $110M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $65M |
| R&D Expenses | $0 |
| Selling & Marketing | $950.0K |
| General & Administrative | $23M |
| SG&A Expenses | $24M |
| Other Expenses | $15M |
| Operating Expenses | $39M |
| Cost & Expenses | $84M |
| OPERATING INCOME | $27M |
| Interest Income | $99M |
| Interest Expense | $44M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $3M |
| EBIT | $27M |
| EBITDA | $29M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $110M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $65M |
| R&D Expenses | $0 |
| Selling & Marketing | $950.0K |
| General & Administrative | $23M |
| SG&A Expenses | $24M |
| Other Expenses | $15M |
| Operating Expenses | $39M |
| Cost & Expenses | $84M |
| OPERATING INCOME | $27M |
| Interest Income | $99M |
| Interest Expense | $44M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $3M |
| EBIT | $27M |
| EBITDA | $29M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $686.0K |
| Deferred Income Tax | -$85.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$24M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$37M |
| Sales/Maturities of Investments | $85M |
| Other Investing Activities | -$26M |
| NET CASH FROM INVESTING | $14M |
| Net Debt Issuance | -$80M |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $41M |
| NET CASH FROM FINANCING | -$60M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $370M |
| Short-Term Investments | $135M |
| Net Receivables | $46M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $550M |
| PP&E (Net) | $162M |
| Goodwill | $201M |
| Intangible Assets | $1M |
| Long-Term Investments | $7.2B |
| Tax Assets | $39M |
| Other Non-Current Assets | $225M |
| TOTAL NON-CURRENT ASSETS | $7.8B |
| TOTAL ASSETS | $8.3B |
| Account Payables | $0 |
| Short-Term Debt | $610M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.6B |
| TOTAL CURRENT LIABILITIES | $7.2B |
| Long-Term Debt | $153M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $122M |
| TOTAL NON-CURRENT LIABILITIES | $291M |
| TOTAL LIABILITIES | $7.5B |
| Common Stock | $48M |
| Additional Paid-In Capital | $794M |
| Retained Earnings | $348M |
| Treasury Stock | -$241M |
| Accum. Other Comp. Income | -$141M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $807M |
| Minority Interest | $0 |
| TOTAL EQUITY | $807M |
| TOTAL LIABILITIES & EQUITY | $8.3B |
| Total Debt | $779M |
| Net Debt | $409M |
