| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $341M | $342M | — | -0.2% | — |
| Op. Income | -$5M | -$9M | — | 44.7% | — |
| Gross Margin | 43.6% | 43.6% | — | -0.0pp | — |
| Net Margin | -0.8% | -1.9% | — | 1.1pp | — |
| EPS (Diluted) | $-0.02 | $-0.05 | — | 58.9% | — |
| Free Cash Flow | $3M | $6M | — | -39.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $341M |
| Cost of Revenue | $192M |
| GROSS PROFIT | $149M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $154M |
| Other Expenses | $0 |
| Operating Expenses | $154M |
| Cost & Expenses | $346M |
| OPERATING INCOME | -$5M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $66.0K |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $6M |
| EBIT | -$5M |
| EBITDA | $2M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $24M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$24M |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $119M |
| Short-Term Investments | $109M |
| Net Receivables | $0 |
| Inventory | $122M |
| Other Current Assets | $54M |
| TOTAL CURRENT ASSETS | $404M |
| PP&E (Net) | $86M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $13M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $104M |
| TOTAL ASSETS | $508M |
| Account Payables | $92M |
| Short-Term Debt | $22M |
| Deferred Revenue | $8M |
| Other Current Liabilities | $117M |
| TOTAL CURRENT LIABILITIES | $239M |
| Long-Term Debt | $59M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $787.0K |
| TOTAL NON-CURRENT LIABILITIES | $60M |
| TOTAL LIABILITIES | $298M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $745M |
| Retained Earnings | -$505M |
| Treasury Stock | -$30M |
| Accum. Other Comp. Income | -$338.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $209M |
| Minority Interest | $0 |
| TOTAL EQUITY | $209M |
| TOTAL LIABILITIES & EQUITY | $508M |
| Total Debt | $81M |
| Net Debt | -$38M |
