| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $122M | $110M | $99M | 11.2% | 23.9% |
| Op. Income | $14M | $11M | $8M | 28.3% | 85.9% |
| Gross Margin | 50.3% | 50.3% | 52.8% | -0.1pp | -2.5pp |
| Net Margin | 16.7% | 14.4% | 13.1% | 2.4pp | 3.7pp |
| EPS (Diluted) | $0.06 | $0.04 | $0.04 | 33.3% | 66.7% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $122M |
| Cost of Revenue | $61M |
| GROSS PROFIT | $62M |
| R&D Expenses | $8M |
| Selling & Marketing | $29M |
| General & Administrative | $11M |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $108M |
| OPERATING INCOME | $14M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | -$416.7K |
| 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 | $0 |
| EBIT | $14M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $122M |
| Cost of Revenue | $61M |
| GROSS PROFIT | $62M |
| R&D Expenses | $8M |
| Selling & Marketing | $29M |
| General & Administrative | $11M |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $108M |
| OPERATING INCOME | $14M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | -$416.7K |
| 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 | $0 |
| EBIT | $14M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$23M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $105M |
| Short-Term Investments | $138M |
| Net Receivables | $222M |
| Inventory | $0 |
| Other Current Assets | $123M |
| TOTAL CURRENT ASSETS | $588M |
| PP&E (Net) | $39M |
| Goodwill | $12M |
| Intangible Assets | $22M |
| Long-Term Investments | $261M |
| Tax Assets | $3M |
| Other Non-Current Assets | $29M |
| TOTAL NON-CURRENT ASSETS | $365M |
| TOTAL ASSETS | $953M |
| Account Payables | $89M |
| Short-Term Debt | $9M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $207M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $14M |
| TOTAL LIABILITIES | $221M |
| Common Stock | $20.6K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | -$284M |
| Treasury Stock | -$2.2K |
| Accum. Other Comp. Income | $16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $732M |
| Minority Interest | $0 |
| TOTAL EQUITY | $732M |
| TOTAL LIABILITIES & EQUITY | $953M |
| Total Debt | $12M |
| Net Debt | -$94M |
