| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32M | $31M | $30M | 3.7% | 7.9% |
| Op. Income | $6M | $3M | $4M | 102.6% | 40.3% |
| Gross Margin | 64.9% | 58.2% | 59.9% | 6.7pp | 5.0pp |
| Net Margin | 14.2% | 7.4% | 11.7% | 6.8pp | 2.5pp |
| EPS (Diluted) | $0.23 | $0.11 | $0.17 | 109.1% | 35.3% |
| Free Cash Flow | $7M | -$1M | $2M | 637.3% | 303.6% |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $443.0K |
| General & Administrative | $623.0K |
| SG&A Expenses | $1M |
| Other Expenses | $14M |
| Operating Expenses | $15M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $6M |
| Interest Income | $30M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $638.0K |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $11M |
| GROSS PROFIT | $21M |
| R&D Expenses | $0 |
| Selling & Marketing | $443.0K |
| General & Administrative | $623.0K |
| SG&A Expenses | $1M |
| Other Expenses | $14M |
| Operating Expenses | $15M |
| Cost & Expenses | $26M |
| OPERATING INCOME | $6M |
| Interest Income | $30M |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $638.0K |
| EBIT | $6M |
| EBITDA | $7M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $638.0K |
| Stock-Based Compensation | $471.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$862.0K |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $7M |
| Capital Expenditure | -$151.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | -$13M |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$480.0K |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$1M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $87M |
| Short-Term Investments | $5M |
| Net Receivables | $9M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $101M |
| PP&E (Net) | $23M |
| Goodwill | $12M |
| Intangible Assets | $1M |
| Long-Term Investments | $2.4B |
| Tax Assets | $13M |
| Other Non-Current Assets | $115M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $0 |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.3B |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $118M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $138M |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $205.0K |
| Additional Paid-In Capital | $116M |
| Retained Earnings | $147M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$20M |
| Other Equity | -$4M |
| TOTAL STOCKHOLDERS' EQUITY | $239M |
| Minority Interest | $0 |
| TOTAL EQUITY | $239M |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $122M |
| Net Debt | $35M |
