| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $50M | $48M | $50M | 4.2% | 0.9% |
| Op. Income | $10M | $10M | $6M | 3.1% | 62.1% |
| Gross Margin | 47.1% | 47.5% | 39.0% | -0.4pp | 8.1pp |
| Net Margin | 15.9% | 16.3% | 10.4% | -0.4pp | 5.5pp |
| EPS (Diluted) | $0.47 | $0.46 | $0.31 | 2.2% | 51.6% |
| Free Cash Flow | $13M | $8M | $3M | 54.6% | 366.3% |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $25.0K |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $5M |
| Operating Expenses | $13M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $10M |
| Interest Income | $48M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $2M |
| EBIT | $10M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $50M |
| Cost of Revenue | $27M |
| GROSS PROFIT | $24M |
| R&D Expenses | $0 |
| Selling & Marketing | $25.0K |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $5M |
| Operating Expenses | $13M |
| Cost & Expenses | $40M |
| OPERATING INCOME | $10M |
| Interest Income | $48M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $10M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $2M |
| EBIT | $10M |
| EBITDA | $12M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $701.0K |
| Deferred Income Tax | -$98.0K |
| Other Non-Cash Items | -$295.0K |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$764.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | $50M |
| NET CASH FROM INVESTING | $59M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $67M |
| NET CASH FROM FINANCING | $62M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $135M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $248M |
| Short-Term Investments | $338M |
| Net Receivables | $13M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $599M |
| PP&E (Net) | $110M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.1B |
| Tax Assets | $30M |
| Other Non-Current Assets | $183M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $4.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.4B |
| TOTAL CURRENT LIABILITIES | $3.4B |
| Long-Term Debt | $390M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $424M |
| TOTAL LIABILITIES | $3.8B |
| Common Stock | $3M |
| Additional Paid-In Capital | $36M |
| Retained Earnings | $286M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$84M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $241M |
| Minority Interest | $0 |
| TOTAL EQUITY | $241M |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $390M |
| Net Debt | $142M |
