| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $56M | $53M | $54M | 5.5% | 2.9% |
| Op. Income | $9M | $7M | $4M | 24.3% | 119.9% |
| Gross Margin | 50.2% | 48.8% | 41.7% | 1.4pp | 8.5pp |
| Net Margin | 11.8% | 10.0% | 5.5% | 1.8pp | 6.3pp |
| EPS (Diluted) | $0.81 | $0.65 | $0.37 | 24.6% | 118.9% |
| Free Cash Flow | $10M | $7M | $4M | 39.7% | 168.8% |
| Item | Amount |
|---|---|
| REVENUE | $56M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $397.0K |
| General & Administrative | $609.0K |
| SG&A Expenses | $1M |
| Other Expenses | $18M |
| Operating Expenses | $19M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $9M |
| Interest Income | $52M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $1M |
| EBIT | $9M |
| EBITDA | $10M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $56M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $28M |
| R&D Expenses | $0 |
| Selling & Marketing | $397.0K |
| General & Administrative | $609.0K |
| SG&A Expenses | $1M |
| Other Expenses | $18M |
| Operating Expenses | $19M |
| Cost & Expenses | $47M |
| OPERATING INCOME | $9M |
| Interest Income | $52M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $1M |
| EBIT | $9M |
| EBITDA | $10M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $605.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $556.0K |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$80.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $21.0K |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$63M |
| NET CASH FROM INVESTING | -$60M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $15M |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | -$34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $90M |
| Short-Term Investments | $466.0K |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $91M |
| PP&E (Net) | $86M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.9B |
| Tax Assets | $13M |
| Other Non-Current Assets | $268M |
| TOTAL NON-CURRENT ASSETS | $4.2B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.6B |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $265M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $61M |
| TOTAL NON-CURRENT LIABILITIES | $326M |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $82.0K |
| Additional Paid-In Capital | $125M |
| Retained Earnings | $233M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | -$3M |
| TOTAL STOCKHOLDERS' EQUITY | $345M |
| Minority Interest | $0 |
| TOTAL EQUITY | $345M |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $265M |
| Net Debt | $175M |
