| Metric | Q2 2026 | Q1 2026 | Q2 2025 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $125M | $85M | $130M | 46.5% | -3.9% |
| Op. Income | $4M | -$3M | $7M | 237.1% | -41.0% |
| Gross Margin | 24.3% | 25.9% | 26.6% | -1.6pp | -2.3pp |
| Net Margin | 1.5% | -4.0% | 3.2% | 5.5pp | -1.7pp |
| EPS (Diluted) | $0.04 | $-0.08 | $0.09 | 155.6% | -53.4% |
| Free Cash Flow | $32M | -$12M | -$3M | 354.5% | 1280.2% |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $94M |
| GROSS PROFIT | $30M |
| R&D Expenses | $2M |
| Selling & Marketing | $10M |
| General & Administrative | $13M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $26M |
| Cost & Expenses | $121M |
| OPERATING INCOME | $4M |
| Interest Income | $597.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $1M |
| 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 | $8M |
| EBIT | $4M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $125M |
| Cost of Revenue | $94M |
| GROSS PROFIT | $30M |
| R&D Expenses | $2M |
| Selling & Marketing | $10M |
| General & Administrative | $13M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $26M |
| Cost & Expenses | $121M |
| OPERATING INCOME | $4M |
| Interest Income | $597.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | $1M |
| 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 | $8M |
| EBIT | $4M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $676.0K |
| Other Non-Cash Items | -$713.0K |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | $4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $743.0K |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$83.0K |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22M |
| Short-Term Investments | $5M |
| Net Receivables | $48M |
| Inventory | $183M |
| Other Current Assets | $10M |
| TOTAL CURRENT ASSETS | $269M |
| PP&E (Net) | $242M |
| Goodwill | $19M |
| Intangible Assets | $2M |
| Long-Term Investments | $0 |
| Tax Assets | $10M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $280M |
| TOTAL ASSETS | $549M |
| Account Payables | $23M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $54M |
| Long-Term Debt | $89M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $131M |
| TOTAL LIABILITIES | $185M |
| Common Stock | $76.0K |
| Additional Paid-In Capital | $302M |
| Retained Earnings | $519M |
| Treasury Stock | -$458M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $363M |
| Minority Interest | $0 |
| TOTAL EQUITY | $363M |
| TOTAL LIABILITIES & EQUITY | $549M |
| Total Debt | $124M |
| Net Debt | $101M |
