| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $90M | — | $87M | — | 3.8% |
| Op. Income | $6M | — | $21M | — | -70.7% |
| Gross Margin | 30.0% | — | 51.9% | — | -21.9pp |
| Net Margin | 3.0% | — | 8.8% | — | -5.8pp |
| EPS (Diluted) | $0.09 | — | $2.34 | — | -96.2% |
| Free Cash Flow | $18M | — | $11M | — | 68.3% |
| Item | Amount |
|---|---|
| REVENUE | $90M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $5M |
| Operating Expenses | $21M |
| Cost & Expenses | $84M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| 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 | $340.0K |
| D&A | $5M |
| EBIT | $6M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $90M |
| Cost of Revenue | $63M |
| GROSS PROFIT | $27M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $5M |
| Operating Expenses | $21M |
| Cost & Expenses | $84M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $1M |
| 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 | $340.0K |
| D&A | $5M |
| EBIT | $6M |
| EBITDA | $11M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $100.0K |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$574.0K |
| Acquisitions (Net) | -$373.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$947.0K |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | -$765.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $62M |
| Short-Term Investments | $0 |
| Net Receivables | $52M |
| Inventory | $2M |
| Other Current Assets | $62M |
| TOTAL CURRENT ASSETS | $178M |
| PP&E (Net) | $6M |
| Goodwill | $120M |
| Intangible Assets | $0 |
| Long-Term Investments | $670.0K |
| Tax Assets | $5M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $138M |
| TOTAL ASSETS | $316M |
| Account Payables | $27M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $30M |
| TOTAL CURRENT LIABILITIES | $56M |
| Long-Term Debt | $100M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $153.0K |
| TOTAL NON-CURRENT LIABILITIES | $100M |
| TOTAL LIABILITIES | $156M |
| Common Stock | $73.0K |
| Additional Paid-In Capital | $38M |
| Retained Earnings | $31M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$40.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $147M |
| Minority Interest | $13M |
| TOTAL EQUITY | $160M |
| TOTAL LIABILITIES & EQUITY | $316M |
| Total Debt | $100M |
| Net Debt | $38M |
