| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $200M | $200M | $194M | -0.2% | 2.8% |
| Op. Income | $4M | -$4M | -$26M | 187.4% | 115.4% |
| Gross Margin | 66.1% | 64.6% | 62.2% | 1.4pp | 3.9pp |
| Net Margin | 3.1% | -0.9% | -16.4% | 4.0pp | 19.5pp |
| EPS (Diluted) | $0.04 | $-0.01 | $-0.21 | 516.0% | 119.8% |
| Free Cash Flow | $39M | $7M | $25M | 450.2% | 57.4% |
| Item | Amount |
|---|---|
| REVENUE | $200M |
| Cost of Revenue | $68M |
| GROSS PROFIT | $132M |
| R&D Expenses | $26M |
| Selling & Marketing | $80M |
| General & Administrative | $22M |
| SG&A Expenses | $102M |
| Other Expenses | $109.0K |
| Operating Expenses | $128M |
| Cost & Expenses | $196M |
| OPERATING INCOME | $4M |
| Interest Income | $4M |
| Interest Expense | $120.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $7M |
| EBIT | $8M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $200M |
| Cost of Revenue | $68M |
| GROSS PROFIT | $132M |
| R&D Expenses | $26M |
| Selling & Marketing | $80M |
| General & Administrative | $22M |
| SG&A Expenses | $102M |
| Other Expenses | $109.0K |
| Operating Expenses | $128M |
| Cost & Expenses | $196M |
| OPERATING INCOME | $4M |
| Interest Income | $4M |
| Interest Expense | $120.0K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $7M |
| EBIT | $8M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$34M |
| Sales/Maturities of Investments | $40M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$203.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$875.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $39M |
| Net Change in Cash | $41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $230M |
| Short-Term Investments | $162M |
| Net Receivables | $84M |
| Inventory | $0 |
| Other Current Assets | $71M |
| TOTAL CURRENT ASSETS | $547M |
| PP&E (Net) | $16M |
| Goodwill | $13M |
| Intangible Assets | $33M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $96M |
| TOTAL ASSETS | $644M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $311M |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $403M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.0K |
| TOTAL NON-CURRENT LIABILITIES | $8M |
| TOTAL LIABILITIES | $411M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$800M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $46.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $233M |
| Minority Interest | $0 |
| TOTAL EQUITY | $233M |
| TOTAL LIABILITIES & EQUITY | $644M |
| Total Debt | $9M |
| Net Debt | -$221M |
