| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $92M | $91M | $77M | 0.3% | 19.6% |
| Op. Income | $36M | $40M | $30M | -10.5% | 19.2% |
| Gross Margin | 45.7% | 50.6% | 45.4% | -4.9pp | 0.3pp |
| Net Margin | 33.7% | 37.4% | 34.0% | -3.7pp | -0.4pp |
| EPS (Diluted) | $1.07 | $1.19 | $0.91 | -10.1% | 17.6% |
| Free Cash Flow | $21M | $25M | $17M | -15.6% | 23.5% |
| Item | Amount |
|---|---|
| REVENUE | $92M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $36M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $6M |
| EBIT | $39M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $92M |
| Cost of Revenue | $50M |
| GROSS PROFIT | $42M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6M |
| Other Expenses | $0 |
| Operating Expenses | $6M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $36M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $6M |
| EBIT | $39M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $184.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $237.0K |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $320M |
| Short-Term Investments | $0 |
| Net Receivables | $54M |
| Inventory | $26M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $403M |
| PP&E (Net) | $204M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $458.0K |
| TOTAL NON-CURRENT ASSETS | $204M |
| TOTAL ASSETS | $607M |
| Account Payables | $11M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $19M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $21M |
| Other Non-Current Liabilities | $1M |
| TOTAL NON-CURRENT LIABILITIES | $26M |
| TOTAL LIABILITIES | $44M |
| Common Stock | $3M |
| Additional Paid-In Capital | $45M |
| Retained Earnings | $577M |
| Treasury Stock | -$62M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $563M |
| Minority Interest | $0 |
| TOTAL EQUITY | $563M |
| TOTAL LIABILITIES & EQUITY | $607M |
| Total Debt | $4M |
| Net Debt | -$315M |
