| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $131M | $130M | $137M | 1.5% | -4.0% |
| Op. Income | $28M | $13M | $21M | 116.0% | 33.5% |
| Gross Margin | 56.5% | 57.4% | 61.3% | -0.9pp | -4.7pp |
| Net Margin | 16.8% | 7.7% | 11.7% | 9.2pp | 5.1pp |
| EPS (Diluted) | $3.99 | $1.79 | $2.71 | 122.9% | 47.2% |
| Free Cash Flow | $53M | $47M | $62M | 11.2% | -14.8% |
| Item | Amount |
|---|---|
| REVENUE | $131M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $74M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $30M |
| SG&A Expenses | $33M |
| Other Expenses | $13M |
| Operating Expenses | $46M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $28M |
| Interest Income | $114M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $3M |
| EBIT | $28M |
| EBITDA | $30M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $131M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $74M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $30M |
| SG&A Expenses | $33M |
| Other Expenses | $13M |
| Operating Expenses | $46M |
| Cost & Expenses | $103M |
| OPERATING INCOME | $28M |
| Interest Income | $114M |
| Interest Expense | $10M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $3M |
| EBIT | $28M |
| EBITDA | $30M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | -$18M |
| Deferred Income Tax | $193.9K |
| Other Non-Cash Items | $49M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $54M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $104.7K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$57M |
| NET CASH FROM INVESTING | -$58M |
| Net Debt Issuance | $12M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $741.0K |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $53M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10M |
| Short-Term Investments | $0 |
| Net Receivables | $5M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $15M |
| PP&E (Net) | $102M |
| Goodwill | $7M |
| Intangible Assets | $9M |
| Long-Term Investments | $843M |
| Tax Assets | $32M |
| Other Non-Current Assets | $41M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.0B |
| Account Payables | $44M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $56M |
| Long-Term Debt | $505M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $576M |
| TOTAL LIABILITIES | $632M |
| Common Stock | $0 |
| Additional Paid-In Capital | $269M |
| Retained Earnings | $149M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $417M |
| Minority Interest | $0 |
| TOTAL EQUITY | $417M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $588M |
| Net Debt | $578M |
