| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $372M | $358M | — | 3.9% | — |
| Op. Income | $40M | $33M | — | 21.2% | — |
| Gross Margin | 21.5% | 20.4% | — | 1.1pp | — |
| Net Margin | 12.5% | 11.2% | — | 1.3pp | — |
| EPS (Diluted) | $0.41 | $0.35 | — | 17.1% | — |
| Free Cash Flow | $12M | -$17M | — | 168.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $372M |
| Cost of Revenue | $292M |
| GROSS PROFIT | $80M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $332M |
| OPERATING INCOME | $40M |
| Interest Income | $14M |
| Interest Expense | $0 |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $75M |
| EBIT | $54M |
| EBITDA | $129M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $372M |
| Cost of Revenue | $292M |
| GROSS PROFIT | $80M |
| R&D Expenses | $19M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $332M |
| OPERATING INCOME | $40M |
| Interest Income | $14M |
| Interest Expense | $0 |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $75M |
| EBIT | $54M |
| EBITDA | $129M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $75M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $123M |
| Capital Expenditure | -$111M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$28M |
| NET CASH FROM INVESTING | -$139M |
| Net Debt Issuance | $10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $265M |
| Short-Term Investments | $942M |
| Net Receivables | $215M |
| Inventory | $287M |
| Other Current Assets | $54M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $1.4B |
| Goodwill | $0 |
| Intangible Assets | $9M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $136M |
| Short-Term Debt | $33M |
| Deferred Revenue | $16M |
| Other Current Liabilities | $84M |
| TOTAL CURRENT LIABILITIES | $268M |
| Long-Term Debt | $143M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $161M |
| TOTAL LIABILITIES | $429M |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $2.8B |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $176M |
| Net Debt | -$89M |
