| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $58M | $68M | $64M | -14.4% | -8.9% |
| Op. Income | $4M | $7M | $7M | -44.6% | -41.6% |
| Gross Margin | 43.3% | 44.6% | 43.9% | -1.3pp | -0.6pp |
| Net Margin | 3.9% | 8.1% | 8.8% | -4.3pp | -4.9pp |
| EPS (Diluted) | $0.24 | $0.57 | $0.59 | -57.9% | -59.3% |
| Free Cash Flow | $10M | $4M | $3M | 168.5% | 215.6% |
| Item | Amount |
|---|---|
| REVENUE | $58M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $25M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $4M |
| Interest Income | $785.0K |
| Interest Expense | $1.0K |
| Other Income/Expenses | $725.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $737.0K |
| EBIT | $5M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $58M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $25M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $0 |
| Operating Expenses | $21M |
| Cost & Expenses | $54M |
| OPERATING INCOME | $4M |
| Interest Income | $785.0K |
| Interest Expense | $1.0K |
| Other Income/Expenses | $725.0K |
| INCOME BEFORE TAX | $5M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $737.0K |
| EBIT | $5M |
| EBITDA | $5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $606.0K |
| Stock-Based Compensation | $375.0K |
| Deferred Income Tax | $871.0K |
| Other Non-Cash Items | $143.0K |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$260.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $5.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$255.0K |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $77M |
| Short-Term Investments | $1M |
| Net Receivables | $34M |
| Inventory | $71M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $186M |
| PP&E (Net) | $40M |
| Goodwill | $12M |
| Intangible Assets | $33M |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $115M |
| TOTAL ASSETS | $301M |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $32M |
| TOTAL LIABILITIES | $53M |
| Common Stock | $10M |
| Additional Paid-In Capital | $73M |
| Retained Earnings | $181M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $248M |
| Minority Interest | $0 |
| TOTAL EQUITY | $248M |
| TOTAL LIABILITIES & EQUITY | $301M |
| Total Debt | $13M |
| Net Debt | -$65M |
