| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $294M | $278M | $238M | 5.9% | 23.6% |
| Op. Income | $30M | $34M | $23M | -11.3% | 33.6% |
| Gross Margin | 40.7% | 40.4% | 41.5% | 0.3pp | -0.8pp |
| Net Margin | 6.8% | 7.6% | 5.3% | -0.8pp | 1.5pp |
| EPS (Diluted) | $0.22 | $0.23 | $0.14 | -4.3% | 57.1% |
| Free Cash Flow | $38.0K | $22M | $26M | -99.8% | -99.9% |
| Item | Amount |
|---|---|
| REVENUE | $294M |
| Cost of Revenue | $174M |
| GROSS PROFIT | $120M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $89M |
| Operating Expenses | $89M |
| Cost & Expenses | $264M |
| OPERATING INCOME | $30M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $15M |
| EBIT | $41M |
| EBITDA | $55M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $294M |
| Cost of Revenue | $174M |
| GROSS PROFIT | $120M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $89M |
| Operating Expenses | $89M |
| Cost & Expenses | $264M |
| OPERATING INCOME | $30M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $15M |
| EBIT | $41M |
| EBITDA | $55M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $244.0K |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | -$150.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$823.0K |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | $38.0K |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $182M |
| Short-Term Investments | $0 |
| Net Receivables | $232M |
| Inventory | $0 |
| Other Current Assets | $57M |
| TOTAL CURRENT ASSETS | $471M |
| PP&E (Net) | $147M |
| Goodwill | $220M |
| Intangible Assets | $164M |
| Long-Term Investments | $0 |
| Tax Assets | $10M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $547M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $57M |
| Short-Term Debt | $18M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $166M |
| Long-Term Debt | $231M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $17M |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $308M |
| TOTAL LIABILITIES | $474M |
| Common Stock | $1M |
| Additional Paid-In Capital | $745M |
| Retained Earnings | -$3M |
| Treasury Stock | -$189M |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $545M |
| Minority Interest | $0 |
| TOTAL EQUITY | $545M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $313M |
| Net Debt | $131M |
