| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $127M | $126M | $121M | 1.1% | 5.3% |
| Op. Income | $25M | $28M | $23M | -9.2% | 10.7% |
| Gross Margin | 59.2% | 61.1% | 59.0% | -1.9pp | 0.2pp |
| Net Margin | 15.7% | 17.8% | 15.0% | -2.1pp | 0.7pp |
| EPS (Diluted) | $0.69 | $0.77 | $0.62 | -10.4% | 11.3% |
| Free Cash Flow | $22M | $14M | -$4M | 60.5% | 618.8% |
| Item | Amount |
|---|---|
| REVENUE | $127M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $75M |
| R&D Expenses | $0 |
| Selling & Marketing | $498.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $48M |
| Operating Expenses | $50M |
| Cost & Expenses | $102M |
| OPERATING INCOME | $25M |
| Interest Income | $106M |
| Interest Expense | $46M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $1M |
| EBIT | $25M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $127M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $75M |
| R&D Expenses | $0 |
| Selling & Marketing | $498.0K |
| General & Administrative | $2M |
| SG&A Expenses | $2M |
| Other Expenses | $48M |
| Operating Expenses | $50M |
| Cost & Expenses | $102M |
| OPERATING INCOME | $25M |
| Interest Income | $106M |
| Interest Expense | $46M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $1M |
| EBIT | $25M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$714.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $23M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$13M |
| Sales/Maturities of Investments | $16M |
| Other Investing Activities | $25M |
| NET CASH FROM INVESTING | $27M |
| Net Debt Issuance | $27M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$76M |
| NET CASH FROM FINANCING | -$59M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $160M |
| Short-Term Investments | $9M |
| Net Receivables | $230M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $399M |
| PP&E (Net) | $74M |
| Goodwill | $176M |
| Intangible Assets | $8M |
| Long-Term Investments | $7.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $294M |
| TOTAL NON-CURRENT ASSETS | $7.5B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $0 |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.6B |
| TOTAL CURRENT LIABILITIES | $6.6B |
| Long-Term Debt | $350M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $54M |
| TOTAL NON-CURRENT LIABILITIES | $433M |
| TOTAL LIABILITIES | $7.0B |
| Common Stock | $158M |
| Additional Paid-In Capital | $302M |
| Retained Earnings | $555M |
| Treasury Stock | -$63M |
| Accum. Other Comp. Income | -$35M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $917M |
| Minority Interest | $0 |
| TOTAL EQUITY | $917M |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $386M |
| Net Debt | $226M |
