| Metric | Q2 2025 | Q1 2025 | Q2 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $156M | $142M | $125M | 10.3% | 25.2% |
| Op. Income | $44M | $42M | $28M | 2.9% | 57.6% |
| Gross Margin | 96.2% | 95.4% | 95.2% | 0.8pp | 1.0pp |
| Net Margin | 28.5% | 30.4% | 22.9% | -1.9pp | 5.6pp |
| EPS (Diluted) | $18.34 | $6.15 | $2.07 | 198.1% | 786.7% |
| Free Cash Flow | $0 | $0 | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $156M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $150M |
| R&D Expenses | $12M |
| Selling & Marketing | $88M |
| General & Administrative | $7M |
| SG&A Expenses | $95M |
| Other Expenses | $0 |
| Operating Expenses | $107M |
| Cost & Expenses | $113M |
| OPERATING INCOME | $44M |
| Interest Income | $868.1K |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $144M |
| D&A | $0 |
| EBIT | $44M |
| EBITDA | $44M |
| EPS | $24 |
| EPS Diluted | $18 |
| Item | Amount |
|---|---|
| REVENUE | $156M |
| Cost of Revenue | $6M |
| GROSS PROFIT | $150M |
| R&D Expenses | $12M |
| Selling & Marketing | $88M |
| General & Administrative | $7M |
| SG&A Expenses | $95M |
| Other Expenses | $0 |
| Operating Expenses | $107M |
| Cost & Expenses | $113M |
| OPERATING INCOME | $44M |
| Interest Income | $868.1K |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $144M |
| D&A | $0 |
| EBIT | $44M |
| EBITDA | $44M |
| EPS | $24 |
| EPS Diluted | $18 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$48M |
| 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 | $193M |
| Short-Term Investments | $305M |
| Net Receivables | $52M |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $555M |
| PP&E (Net) | $3M |
| Goodwill | $0 |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $1M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $16M |
| TOTAL ASSETS | $571M |
| Account Payables | $3M |
| Short-Term Debt | $0 |
| Deferred Revenue | $14M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $181M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $9M |
| TOTAL LIABILITIES | $189M |
| Common Stock | $27.6K |
| Additional Paid-In Capital | $459M |
| Retained Earnings | -$92M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $381M |
| Minority Interest | $0 |
| TOTAL EQUITY | $381M |
| TOTAL LIABILITIES & EQUITY | $571M |
| Total Debt | $2M |
| Net Debt | -$191M |
