| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $98M | $92M | $90M | 5.8% | 8.0% |
| Op. Income | $1M | -$4M | -$4M | 126.9% | 122.6% |
| Gross Margin | 29.9% | 28.3% | 28.7% | 1.6pp | 1.2pp |
| Net Margin | -3.0% | -6.8% | -9.1% | 3.8pp | 6.1pp |
| EPS (Diluted) | $-0.22 | $-0.48 | $-0.63 | 54.2% | 65.1% |
| Free Cash Flow | $7M | $7M | $3M | -7.3% | 138.5% |
| Item | Amount |
|---|---|
| REVENUE | $98M |
| Cost of Revenue | $68M |
| GROSS PROFIT | $29M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $28M |
| Cost & Expenses | $97M |
| OPERATING INCOME | $1M |
| Interest Income | $0 |
| Interest Expense | $358.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$1M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3M |
| D&A | $4M |
| EBIT | -$743.0K |
| EBITDA | $3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $731.0K |
| Other Non-Cash Items | $110.0K |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$795.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$365.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34M |
| Short-Term Investments | $0 |
| Net Receivables | $107M |
| Inventory | $80M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $227M |
| PP&E (Net) | $45M |
| Goodwill | $0 |
| Intangible Assets | $23M |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $77M |
| TOTAL ASSETS | $304M |
| Account Payables | $66M |
| Short-Term Debt | $30M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $140M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $797.0K |
| TOTAL NON-CURRENT LIABILITIES | $11M |
| TOTAL LIABILITIES | $151M |
| Common Stock | $261.0K |
| Additional Paid-In Capital | $348M |
| Retained Earnings | $199M |
| Treasury Stock | -$373M |
| Accum. Other Comp. Income | -$23M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $153M |
| Minority Interest | $0 |
| TOTAL EQUITY | $153M |
| TOTAL LIABILITIES & EQUITY | $304M |
| Total Debt | $42M |
| Net Debt | $8M |
