| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $150M | $146M | $144M | 2.6% | 4.1% |
| Op. Income | $48M | $48M | $48M | 0.9% | 0.8% |
| Gross Margin | 66.9% | 68.8% | 67.3% | -1.9pp | -0.4pp |
| Net Margin | 24.8% | 25.6% | 25.5% | -0.8pp | -0.6pp |
| EPS (Diluted) | $1.51 | $1.52 | $1.49 | -0.7% | 1.3% |
| Free Cash Flow | $43M | $69M | $46M | -37.9% | -7.3% |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $101M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $1M |
| SG&A Expenses | $3M |
| Other Expenses | $49M |
| Operating Expenses | $52M |
| Cost & Expenses | $102M |
| OPERATING INCOME | $48M |
| Interest Income | $127M |
| Interest Expense | $42M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | -$314.0K |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $3M |
| EBIT | $48M |
| EBITDA | $51M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $150M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $101M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $1M |
| SG&A Expenses | $3M |
| Other Expenses | $49M |
| Operating Expenses | $52M |
| Cost & Expenses | $102M |
| OPERATING INCOME | $48M |
| Interest Income | $127M |
| Interest Expense | $42M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $48M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | -$314.0K |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $3M |
| EBIT | $48M |
| EBITDA | $51M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | -$2M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $45M |
| Change in Working Capital | -$28M |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$50M |
| Sales/Maturities of Investments | $111M |
| Other Investing Activities | -$243M |
| NET CASH FROM INVESTING | -$180M |
| Net Debt Issuance | $49M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $25M |
| NET CASH FROM FINANCING | $61M |
| FREE CASH FLOW | $43M |
| Net Change in Cash | -$74M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $89M |
| Short-Term Investments | $1.2B |
| Net Receivables | $32M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $85M |
| Goodwill | $84M |
| Intangible Assets | $3M |
| Long-Term Investments | $7.1B |
| Tax Assets | $56M |
| Other Non-Current Assets | $425M |
| TOTAL NON-CURRENT ASSETS | $7.7B |
| TOTAL ASSETS | $9.1B |
| Account Payables | $0 |
| Short-Term Debt | $110M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.4B |
| TOTAL CURRENT LIABILITIES | $7.6B |
| Long-Term Debt | $101M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $176M |
| TOTAL NON-CURRENT LIABILITIES | $277M |
| TOTAL LIABILITIES | $7.8B |
| Common Stock | $437M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $950M |
| Treasury Stock | -$132M |
| Accum. Other Comp. Income | -$57M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $59M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $9.1B |
| Total Debt | $211M |
| Net Debt | $122M |
