| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $267M | $243M | $220M | 10.0% | 21.3% |
| Op. Income | $35M | $10M | $21M | 240.5% | 68.1% |
| Gross Margin | 60.3% | 58.4% | 58.5% | 1.9pp | 1.8pp |
| Net Margin | 11.0% | 7.7% | 1.6% | 3.3pp | 9.4pp |
| EPS (Diluted) | $0.82 | $0.53 | $0.10 | 54.7% | 720.0% |
| Free Cash Flow | $16M | $14M | $18M | 7.5% | -14.1% |
| Item | Amount |
|---|---|
| REVENUE | $267M |
| Cost of Revenue | $106M |
| GROSS PROFIT | $161M |
| R&D Expenses | $21M |
| Selling & Marketing | $57M |
| General & Administrative | $48M |
| SG&A Expenses | $106M |
| Other Expenses | $0 |
| Operating Expenses | $126M |
| Cost & Expenses | $232M |
| OPERATING INCOME | $35M |
| Interest Income | $1M |
| Interest Expense | $4M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $23M |
| EBIT | $47M |
| EBITDA | $70M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $267M |
| Cost of Revenue | $106M |
| GROSS PROFIT | $161M |
| R&D Expenses | $21M |
| Selling & Marketing | $57M |
| General & Administrative | $48M |
| SG&A Expenses | $106M |
| Other Expenses | $0 |
| Operating Expenses | $126M |
| Cost & Expenses | $232M |
| OPERATING INCOME | $35M |
| Interest Income | $1M |
| Interest Expense | $4M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $23M |
| EBIT | $47M |
| EBITDA | $70M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $369.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $26M |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$782.0K |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$14M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $116M |
| Short-Term Investments | $0 |
| Net Receivables | $152M |
| Inventory | $0 |
| Other Current Assets | $41M |
| TOTAL CURRENT ASSETS | $309M |
| PP&E (Net) | $76M |
| Goodwill | $575M |
| Intangible Assets | $238M |
| Long-Term Investments | $44M |
| Tax Assets | $77M |
| Other Non-Current Assets | $57M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.4B |
| Account Payables | $16M |
| Short-Term Debt | $158M |
| Deferred Revenue | $227M |
| Other Current Liabilities | $233M |
| TOTAL CURRENT LIABILITIES | $634M |
| Long-Term Debt | $118M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $156M |
| TOTAL LIABILITIES | $790M |
| Common Stock | $407.0K |
| Additional Paid-In Capital | $497M |
| Retained Earnings | $361M |
| Treasury Stock | -$270M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $586M |
| Minority Interest | $0 |
| TOTAL EQUITY | $586M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $297M |
| Net Debt | $181M |
