| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $91M | $84M | $84M | 8.7% | 8.4% |
| Op. Income | $21M | $17M | $14M | 21.3% | 48.0% |
| Gross Margin | 54.4% | 54.0% | 47.2% | 0.4pp | 7.2pp |
| Net Margin | 18.4% | 16.3% | 12.9% | 2.2pp | 5.6pp |
| EPS (Diluted) | $0.89 | $0.71 | $0.56 | 25.4% | 58.9% |
| Free Cash Flow | $14M | $10M | $6M | 36.4% | 118.6% |
| Item | Amount |
|---|---|
| REVENUE | $91M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $49M |
| R&D Expenses | $0 |
| Selling & Marketing | $503.0K |
| General & Administrative | $18M |
| SG&A Expenses | $19M |
| Other Expenses | $10M |
| Operating Expenses | $28M |
| Cost & Expenses | $70M |
| OPERATING INCOME | $21M |
| Interest Income | $89M |
| Interest Expense | $39M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $1M |
| EBIT | $21M |
| EBITDA | $22M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $91M |
| Cost of Revenue | $41M |
| GROSS PROFIT | $49M |
| R&D Expenses | $0 |
| Selling & Marketing | $503.0K |
| General & Administrative | $18M |
| SG&A Expenses | $19M |
| Other Expenses | $10M |
| Operating Expenses | $28M |
| Cost & Expenses | $70M |
| OPERATING INCOME | $21M |
| Interest Income | $89M |
| Interest Expense | $39M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $1M |
| EBIT | $21M |
| EBITDA | $22M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $406.0K |
| Deferred Income Tax | $471.0K |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$258.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$228M |
| Sales/Maturities of Investments | $62M |
| Other Investing Activities | -$89M |
| NET CASH FROM INVESTING | -$256M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $32M |
| NET CASH FROM FINANCING | $31M |
| FREE CASH FLOW | $14M |
| Net Change in Cash | -$210M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $113M |
| Short-Term Investments | $218M |
| Net Receivables | $28M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $359M |
| PP&E (Net) | $44M |
| Goodwill | $19M |
| Intangible Assets | $0 |
| Long-Term Investments | $4.4B |
| Tax Assets | $9M |
| Other Non-Current Assets | $108M |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $7M |
| Short-Term Debt | $31M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.3B |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $81M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $129M |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $14M |
| Additional Paid-In Capital | $323M |
| Retained Earnings | $150M |
| Treasury Stock | -$1M |
| Accum. Other Comp. Income | $11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $496M |
| Minority Interest | $0 |
| TOTAL EQUITY | $496M |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $132M |
| Net Debt | $18M |
