| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $68M | $70M | $80M | -2.9% | -14.8% |
| Op. Income | $39M | $42M | $48M | -6.6% | -18.8% |
| Gross Margin | 95.3% | 95.9% | 93.3% | -0.6pp | 2.0pp |
| Net Margin | 42.9% | 44.5% | 44.6% | -1.6pp | -1.7pp |
| EPS (Diluted) | $1.12 | $1.17 | $1.33 | -4.3% | -15.8% |
| Free Cash Flow | $23M | $42M | $19M | -46.0% | 22.7% |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $65M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $13M |
| Operating Expenses | $26M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $39M |
| Interest Income | $57M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $2M |
| EBIT | $39M |
| EBITDA | $41M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $68M |
| Cost of Revenue | $3M |
| GROSS PROFIT | $65M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $13M |
| Operating Expenses | $26M |
| Cost & Expenses | $29M |
| OPERATING INCOME | $39M |
| Interest Income | $57M |
| Interest Expense | $3M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $29M |
| D&A | $2M |
| EBIT | $39M |
| EBITDA | $41M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $300.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$28.0K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $24M |
| Capital Expenditure | -$735.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$50M |
| Sales/Maturities of Investments | $92M |
| Other Investing Activities | $23M |
| NET CASH FROM INVESTING | $65M |
| Net Debt Issuance | -$12M |
| Common Stock Repurchased | -$38M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | -$127M |
| NET CASH FROM FINANCING | -$189M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | -$101M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $626M |
| Short-Term Investments | $1.2B |
| Net Receivables | $40M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $46M |
| Goodwill | $122M |
| Intangible Assets | $19.0K |
| Long-Term Investments | $3.6B |
| Tax Assets | $64M |
| Other Non-Current Assets | $95M |
| TOTAL NON-CURRENT ASSETS | $3.9B |
| TOTAL ASSETS | $5.8B |
| Account Payables | $0 |
| Short-Term Debt | $101M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.7B |
| TOTAL CURRENT LIABILITIES | $4.8B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $55M |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $457M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $582M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$117M |
| Other Equity | $35.0K |
| TOTAL STOCKHOLDERS' EQUITY | $922M |
| Minority Interest | $0 |
| TOTAL EQUITY | $922M |
| TOTAL LIABILITIES & EQUITY | $5.8B |
| Total Debt | $122M |
| Net Debt | -$505M |
