| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $306M | $278M | $333M | 10.3% | -7.9% |
| Op. Income | $25M | $12M | $30M | 110.8% | -16.1% |
| Gross Margin | 38.8% | 34.5% | 36.1% | 4.3pp | 2.7pp |
| Net Margin | 6.3% | 3.4% | 6.8% | 2.9pp | -0.5pp |
| EPS (Diluted) | $0.70 | $0.34 | $0.82 | 105.9% | -14.6% |
| Free Cash Flow | $2M | -$23M | $18M | 109.6% | -87.9% |
| Item | Amount |
|---|---|
| REVENUE | $306M |
| Cost of Revenue | $188M |
| GROSS PROFIT | $119M |
| R&D Expenses | $0 |
| Selling & Marketing | $18M |
| General & Administrative | $75M |
| SG&A Expenses | $94M |
| Other Expenses | $0 |
| Operating Expenses | $94M |
| Cost & Expenses | $281M |
| OPERATING INCOME | $25M |
| Interest Income | $782.0K |
| Interest Expense | $77.0K |
| Other Income/Expenses | $705.0K |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $8M |
| EBIT | $26M |
| EBITDA | $34M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $306M |
| Cost of Revenue | $188M |
| GROSS PROFIT | $119M |
| R&D Expenses | $0 |
| Selling & Marketing | $18M |
| General & Administrative | $75M |
| SG&A Expenses | $94M |
| Other Expenses | $0 |
| Operating Expenses | $94M |
| Cost & Expenses | $281M |
| OPERATING INCOME | $25M |
| Interest Income | $782.0K |
| Interest Expense | $77.0K |
| Other Income/Expenses | $705.0K |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $8M |
| EBIT | $26M |
| EBITDA | $34M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $26M |
| Change in Working Capital | -$35M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$820.0K |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$40.0K |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $2M |
| Net Change in Cash | $243.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $79M |
| Short-Term Investments | $13M |
| Net Receivables | $8M |
| Inventory | $449M |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $574M |
| PP&E (Net) | $520M |
| Goodwill | $18M |
| Intangible Assets | $41M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $591M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $69M |
| Short-Term Debt | $58M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$28M |
| TOTAL CURRENT LIABILITIES | $156M |
| Long-Term Debt | $304M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $23M |
| Other Non-Current Liabilities | -$293M |
| TOTAL NON-CURRENT LIABILITIES | $338M |
| TOTAL LIABILITIES | $495M |
| Common Stock | $410.0K |
| Additional Paid-In Capital | $89M |
| Retained Earnings | $794M |
| Treasury Stock | -$213M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $671M |
| Minority Interest | $0 |
| TOTAL EQUITY | $671M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $362M |
| Net Debt | $283M |
