| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $179M | $150M | — | 19.4% | — |
| Op. Income | $4M | -$9M | — | 141.5% | — |
| Gross Margin | 27.6% | 27.6% | — | -0.0pp | — |
| Net Margin | 1.2% | -7.2% | — | 8.4pp | — |
| EPS (Diluted) | $0.01 | $-0.04 | — | 119.1% | — |
| Free Cash Flow | $3M | $5M | — | -34.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $179M |
| Cost of Revenue | $129M |
| GROSS PROFIT | $49M |
| R&D Expenses | $71.6K |
| Selling & Marketing | $2M |
| General & Administrative | $35M |
| SG&A Expenses | $38M |
| Other Expenses | $8M |
| Operating Expenses | $46M |
| Cost & Expenses | $175M |
| OPERATING INCOME | $4M |
| Interest Income | $1M |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $10M |
| EBIT | $3M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $179M |
| Cost of Revenue | $129M |
| GROSS PROFIT | $49M |
| R&D Expenses | $71.6K |
| Selling & Marketing | $2M |
| General & Administrative | $35M |
| SG&A Expenses | $38M |
| Other Expenses | $8M |
| Operating Expenses | $46M |
| Cost & Expenses | $175M |
| OPERATING INCOME | $4M |
| Interest Income | $1M |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $2M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $10M |
| EBIT | $3M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $92.8K |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $4M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$730.8K |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $187.8K |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $135.9K |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $152M |
| Short-Term Investments | $3M |
| Net Receivables | $21M |
| Inventory | $101M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $303M |
| PP&E (Net) | $198M |
| Goodwill | $91M |
| Intangible Assets | $44M |
| Long-Term Investments | $306M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $642M |
| TOTAL ASSETS | $945M |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $36M |
| TOTAL CURRENT LIABILITIES | $60M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $90M |
| TOTAL LIABILITIES | $150M |
| Common Stock | $1.7B |
| Additional Paid-In Capital | $46M |
| Retained Earnings | -$950M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $21M |
| Other Equity | $487.4K |
| TOTAL STOCKHOLDERS' EQUITY | $795M |
| Minority Interest | $0 |
| TOTAL EQUITY | $795M |
| TOTAL LIABILITIES & EQUITY | $945M |
| Total Debt | $110M |
| Net Debt | -$42M |
