| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $59M | $54M | $57M | 8.5% | 4.0% |
| Op. Income | $3M | -$197.0K | $807.0K | 1578.7% | 261.0% |
| Gross Margin | 77.0% | 75.7% | 73.5% | 1.4pp | 3.5pp |
| Net Margin | 5.1% | 1.6% | 11.6% | 3.5pp | -6.5pp |
| EPS (Diluted) | $0.02 | $0.00 | $0.03 | 247.8% | -37.7% |
| Free Cash Flow | $7M | $7M | $3M | 7.3% | 141.1% |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $45M |
| R&D Expenses | $15M |
| Selling & Marketing | $17M |
| General & Administrative | $9M |
| SG&A Expenses | $26M |
| Other Expenses | $482.0K |
| Operating Expenses | $42M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $3M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $888.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $815.0K |
| 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 | $824.0K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $59M |
| Cost of Revenue | $14M |
| GROSS PROFIT | $45M |
| R&D Expenses | $15M |
| Selling & Marketing | $17M |
| General & Administrative | $9M |
| SG&A Expenses | $26M |
| Other Expenses | $482.0K |
| Operating Expenses | $42M |
| Cost & Expenses | $56M |
| OPERATING INCOME | $3M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $888.0K |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | $815.0K |
| 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 | $824.0K |
| EBIT | $3M |
| EBITDA | $4M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $824.0K |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $945.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$199.0K |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$133.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$49M |
| Sales/Maturities of Investments | $46M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$744 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$715.3K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $256.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $189M |
| Net Receivables | $65M |
| Inventory | $0 |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $284M |
| PP&E (Net) | $7M |
| Goodwill | $27M |
| Intangible Assets | $9M |
| Long-Term Investments | $10M |
| Tax Assets | $14M |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $82M |
| TOTAL ASSETS | $366M |
| Account Payables | $38M |
| Short-Term Debt | $0 |
| Deferred Revenue | $36M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $86M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $21M |
| Deferred Tax Liabilities | $699.0K |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $30M |
| TOTAL LIABILITIES | $115M |
| Common Stock | $18.0K |
| Additional Paid-In Capital | $355M |
| Retained Earnings | -$106M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $250M |
| Minority Interest | $39.0K |
| TOTAL EQUITY | $250M |
| TOTAL LIABILITIES & EQUITY | $366M |
| Total Debt | $4M |
| Net Debt | -$17M |
